Hi simon

you aren’t the only one to get caught up in the tech boom. But Gee it was fun watching those shares rise, my best one was Star mining bought for 1cent and sold 2 days later for 4c. But it wasn’t much fun seeing it disappear[:0]. i saw Robert Kiyosaki on “Late Line” a matter of days before the NASDAQ went south, he warned to get out…[Read more]

hi all

sorry guys but you can’t deny the facts that high yielding properties have appreciated at a higher rate than the low yeilding properties in the capital cities.
Yack what do you want me to base my arguement on? Deny the last 5 years? pretend they didn’t happen? No i can’t do that i have to look at the facts and understand them even if they…[Read more]

hi all

pisces, i’d like to add to Kay’s comments about fining out what is happening. another great way is talk to the locals. It amazes me what people know but can’t see the opportunities right in front of them. I’ve even gone in to local governments and spoken with the areas development officer. i’ve found these guys to be right up to the…[Read more]

Hi karan

I’d like to add something also. i agree with Muppet learn as much as you can, this is best done by reading and talking to successful property investors. People will love to tell you their stories and tips.

i’ll give you my tip, its a bit complicated but it helped set me up financially.

only buy cash positive properties, this will…[Read more]

hi bruce

i’m with karan on this one, you havean out clause which means you can nulify the contract up until the date specified in the contract.

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to westanjohnson@hotmail.com

hi all

Chincho
i’ll be harder than the others, only an idiot wouldn’t have insurance on a property. Liability insurance which comes with the property insurance is essential. If soemone enters your property and hurts themself, they could sue you and send you broke. I wouldn’t even invest in property if i couldn’t get insurance. another point is…[Read more]

Hi karan

what you are saying is the generally held rule. this is, properties that have a low yeild will grow in value quicker than higher yeilding properties which will have lower capital growth.

i think these popularily held ideas are a load of rubbish. they may have been true up until 5 years ago but the rules have changed. i bought in many…[Read more]

hi all

i am happy buying in smaller places about 5000 usually the smallest, rents have been very strong for years. there is a lot of misinformation about smaller towns. The ones i have invested in, in Vic and SA have very low vacancy rates. Often in smaller towns you get a far better quality of tenant as the property managers know who not to…[Read more]

hi all

i don’t follow Jenman much but he’s been sayiong the market will drop for ages, and the market kept going up.

does this guy hate investors or something, we are the course of all ills in the property market, how dare we make offers below the asking price[], the more i hear of him the more i shake my head.[V]

bye
westan

I find +ve…[Read more]

Hi guys

gee i love those guys on TT, never short of a catchy headline, usually the storey doesn’t even match. I will really miss that show[:p]

if however what they say comes to fruition ( a first for TT), someone tell me it might be worth packing up and heading home to invest in OZ again.

regards westan

I find +ve cashflow deals in New…[Read more]

ivan

your stategy may well be right, but another way of looking at it is buy now but buy at a really good price. another is if you are in for the long haul in ten year prices should have doubled (at least that is what history tells us) so does it matter if you bought it for 2 or 3 % less ? not in the long run.
anyway i have sold half of my…[Read more]

Hi phil

i’ve seen the promotional material for the ADF housing, and although i haven’t looked into it on the surface it sounds great. Guarantee rent, no vacancies no repair bills all the hastles are taken out of it, all the risks are removed, sounds like a winner to me if you are buying for capital growth rather than cash flow.

regards westan

I…[Read more]

Oh no

thanks PG for telling me i thought Muppett was agirl also , i’ve been chatting him/her up

westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to westanjohnson@hotmail.com

steve

my email is at the bottom of the post

or ph me on 0011 64 3 418 0083
or mob 0011 64 210 320 985

bye westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to westanjohnson@hotmail.com

hi all

snowboarder i use homepath all the time for loans in Australia, all of my properties are held in a family trust. they know this they have seen my financials.
But they will not loan for Companies. So maybe you have a corporate trustee ?
Homepaths product is great lowest interest rates around, no application costs and no valuation fees no…[Read more]

Hey PG

can you digitally alter my Pic, i bit more hair on top thanks and perhaps remove the grey hairs from my goatee[^]

seriously great contribution PG

regards westan

I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to westanjohnson@hotmail.com

hi all

thanks Simon and Steve, and you other guys who are Mortgage brokers, your contibutions are a huge help to heaps of us.
[]

a year or more ago the guy i spoke about LOC’s was using a senario were i would be putting and extra $200 per week onto my loan, no wonder it was paid off in half the time. i only discovered his sneaky tactic when i…[Read more]

hi steve

i think most banks will let you do it, i’ve done it with ANZ and with Kiwibank from Australia.

Can’t you use the bank that your loan is about to be settled ? or have i missed something?
if you need help i have time Monday as i’m in NZ (but Tues till sunday i’m off holidaying).

regards westan

I find +ve cashflow deals in New Zealand…[Read more]

i can’t see property prices retreating very much if at all in regional areas that have been place where we traditionaly find cash pos. properties. Therefore it would take large hikes in rentals to make properties cash positive or a dramatic drop in interest rates (costs). Rates won’t drop dramatically but i could see rent increasing in the…[Read more]

hi all

kevin i’m with the fixed rate.

i believe the benifits of LOC’s are greatly over stated although i have one (they can be of benifit). But i’ve seen some computer calulations that have been manipulated to exagerate the LOC’s benifits. Have any of you Mortgage brokers come across this practice ? is it common ?

regards westan

I find +ve…[Read more]