Hi crashy

if you are going to advertise in Melbourne (as you said earlier) then look at the Wednesday edition of the Age or Monday’s Herald Sun. Both these are “money” inserts. If you want to see a copy of each i’ll post this weeks to you.

regards westan

hi muppet

it was truely great to meet you.

i’ve got a business plan for you, you set up accomodation for aussie investors and charge them for the accomodation and advice about NZ (which is excellent by the way).
or better still you could lock the doors and talk about how wonderful the “all blacks” are, us aussie would pay anthing to…[Read more]

hi cobra

sorry i’m in Vic. my accountant is Dale Gatherum-Goss in Kilsyth Melb. but i know of one experienced investor who travels from Qld to see him every year.
Dale has written an excellent book on Family Trusts called “trust Magic”
Dale’s site is http://www.gatherumgoss.com
bye westan

hi Milen007

my guess is the vendor pays his commission to the selling agent who keeps it all for himself. the buying agent gets his commission from you.
$5,000 thats a lot of $$$. (thats enough for me to buy 1/2 a house), i believe you should buy your own properties this is part of the learning process. i reckon if you look through the forum…[Read more]

hi all

hi slum lord how are you i haven’t seen you on the forum for a while. to answer your and powmow’s question.

Why would i sell a property returning 17%?

well i have 5 properties in my home town of Stawell. i want somecash for new investments and need to sell (yes i could of refinanced but decided to sell this time). This property was…[Read more]

hi all

bridgette
Timaru is a really nice small city (pop about 28,000) it is on the coast and has a nice beach (not that you would want to swim with the ice-bergs but New Zealanders do). it has a port as well. the retail district looks prosperous, and is well presented. a few new looking cafe’s are positioned to give veiws over caroline bay.…[Read more]

hi jay74

yes i did learn some good lesson, like
i don’t like it when a tenant gets $1000 behind in the rent.[]
i don’t like it when a tenant leaves because someone blow up his car in the drive way leaving me with the expense and hastle to remove it.[]
i don’t like it when my insurance commpany says they are increasing the excess on this property…[Read more]

hi Jay

i’ve got one for you. i’ve mentioned it before on the forum but since there are a lot of newbie i’ll say it again.
6 yrs ago i bought in Hobart in a place called clarendonvale. it was a brick 3brm house and was $33,500, rent would be 110pw. i bought it unseen as an aquaintence was also buying in the area and he checked it for me. i put…[Read more]

hi curious welcome aboard.
hope you get as much out of the forum as i do.
see how your post came up twice you can delete it by pushing the delete button on the left hand side. it came up twice because you pushed the “back button” rather than a link on the page. Don’t worry we have all done it one guy posted a message 3 times.
bye westan

hi

bill my price of 20k included new stumps and a new roof.

westan

Pos and all
i would never advise you to buy unseen, but i have done it a few times. most recently the deal was just too good and it was impossible to inspect it. i magaged to get a good team of people who reported back to me, all reports confirmed each other. i found the agent very honest, she told me what was wrong and what i needed to do to…[Read more]

hi lister

we did it. instead of extensions to our home we relocated a same style period home onto the back of our house turning our home from 12 squares to 26 squares. the house cost 3,000 but relocating it from 100km away and putting a new roof on it cost 20,000. i remember when we got it i said “it might take me 12 months to finnish it off,…[Read more]

hi all
yes david i have to agree what a rotten job, i,ve found the best managers i’ve had tend to move on to something else.
westan

i think its all a load a bull[]

westan

hi fibejebe

unfortunately
Agents get money from us every way they can, agents fees, account fees, letting fees. If your agent is doing the right thing and inspecting the properties regularily and keeping you informed i’d stay with them. i don’t mind paying if they are doing the job, it annoys me when i pay and get nothing back. so day i seek…[Read more]

hi painter

welcome back to the forum

thanks for the comments about Brockville, i drove through it the other day (when i was in NZ) and thought it had potential, i would have looked at a few there but had an appointment to look at a property in Timaru.
The properties i bought in Gore, one is at 5 swan st the other in Howard st
yes i like Gore…[Read more]

hi slum lord

i like that advice “talk to rich people” so often people go see a financial advisor. i could imagine what Kiyosaki would have to say about getting advice from other poor people who have to work to make a living.
my uncle retired when he was 40, he has since done lots of businesses and “jobs”. About 10 years ago i asked him what did…[Read more]

Hi all

lynnem
i am with you on this one. i’ve said this before on the forum but i’ll say it again
i was advised by an accountant back in 1997 not to invest in cash positive properties, luckily i didn’t take his advice and bought 10 instead.
it has taken years to find an accountant who i really feel can help me. Thanks to this forum i was given…[Read more]

hi all

personally i wouldn’t do it becuase i feel it could take a while before you see any capital growth, so for the next few years you will be loosing money. How much money do you want to loose?
If you finance this property it will have an adverse effect on your future loan serviceablity.

But then again as others have said if you have a long…[Read more]

hi fibejebe

did some research for you. the WA tax site says the following
Debits tax is a tax charged on debits (for example, withdrawals, account keeping fees, etc.) made to an account with cheque drawing facilities. This means that any debits made to the account, whether a cheque has been drawn or not, will be subject to the tax.

If the…[Read more]