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westan
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@westan
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February 3, 2004 - 12:46 pm
Top effort Richmond you have made an awesome contribution.
thank you
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 [email protected]
westan
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@westan
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February 3, 2004 - 12:43 pm
No big deal
like i say “seen one breast you’ve seen them both”
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 [email protected]
westan
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@westan
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February 2, 2004 - 12:47 pm
Hi bart
i take out Building insurance, just the regular ones and also Landlord insurance to cover deliberate damage by the tennant and also rent default by the tennant.
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 [email protected]
westan
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@westan
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February 2, 2004 - 11:23 am
Hi all
yes a great response from steve.
welcome to warren, Bob, monica and Bizzi
great to have you here.
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 [email protected]
westan
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@westan
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February 2, 2004 - 11:12 am
Hey muppet
how about we keep a tally (everyone help, of aussie v kiwi’s)
we can start from the beginning of 2004
you said
the Kiwi’s beat us in softball so that’s 1 and we beat you in …. nothing that i can think of ???
but to make it Fair you get 4 points for every win, we get 1 point.
It think that this is fair because of your smaller population and lower thinking capacity.
sound fair? i’ll give you a few minutes to read and reread to you understand.
so the tally is NZ 4
Aust 0
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 [email protected]
westan
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@westan
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February 2, 2004 - 10:14 am
wel done Muppet
those Australian girls a a fine bunch of scrubbers aren’t they, (please let me explain before i’m in trouble).
welldone to the girls
but muppet who is the dispised team everyone loves to hate in NZ? (apart from the Australians)
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 [email protected]
westan
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@westan
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Post Count: 1,950
February 2, 2004 - 8:48 am
Now muppett
can you help me out here, who won the rugby union last year?
is Otago any Good (since i live inOtago) i might have to barrack for them, but then again [}] i could have fun supporting the most hated team, so who if that?
i’m after the collingwood or Adelaide of Rubgy Union.
thanks 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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
February 2, 2004 - 12:10 am
Bill and all
Redwing thats exactly right buy ones that will appreciate and put cash in your pocket.
Gee Bill you are very negative. Property is a long term play not in and out in a few months. where will prices be in 10 years? the cost of selling (agents fees, capital gains tax etc and then getting back in Stamp duty), even if prices do drop (my guess slightly apart from the CBD units) people will in effect be worse off. It’s not the stock market where its easy to move in and out as entry and exit costs are minimal. So your advise to everyone to get out of property is quite silly really.
While we are at it with predictions you weren’t the only one saying that rates and would go up, nearly every economist in the country was tipping the same thing. the same thing with the dollar.
I know you like to warn people, well so do i so this is my warning
The real risk is with those people who are handing over control of their money (sometimes $145,000) to people they have never met. These poeple are making incredibly dangerous claims that they can make 40-60% per annum by writing options. These people will be the ones that will truely be the biggest losers.
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 [email protected]
westan
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@westan
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February 1, 2004 - 11:05 pm
Hi Jake
i tend to think that the interest rate rise will slow down the market and maybe there might be a price reduction. But i don’t think that we will see a major drop. Unfortunately too many people now understand the benifits of Cash Pos (thanks to steve[!]). i shouldn’t blame steve as the number of properties that were cash positive was deminishing well before his book came out, so i believe that demand will keep prices strong
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
February 1, 2004 - 1:43 pm
Hi Jake
welcome to the forum
you will find that it is increasingly difficult to find these sort of deals. Those site are great but they are often sold soon after or before listing.
i’d suggest work out where you want to buy and then build a really good relationship with the local agents. It is often taking a personal touch to get a deal these days, i find agent are ringing me with deals all the time and often myself or someone else snaps it up even before it even gets advertised.
So work out your market, develop good contacts and then make sure you are ready to buy quickly (as procastinators often miss out especially if it’s a good deal).
hope this helps a little, what do others think?
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 [email protected]
westan
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@westan
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Post Count: 1,950
February 1, 2004 - 1:36 pm
Hi car lover
it is actually a world wild phenomoneun this incredible demand for coastal properties especially ones with views.
i think a lot of it has to do with the generation approaching and reaching retirement, many have made large amounts on there own homes in Sydney and Melbourne and with thought of retirement they think where is a nice place to live and obviously the beach stands out.
These values might seem high but when you consider some are selling a home in Sydney for say %800k and buying a coastal proerty that is superior with fantastic views for only $500k they think they are getting a bargain.
will it end? No i don’t think so, why? because aussies have a great love affair with the beach.
Its interesting where i’m living now in NZ is close to a popular (but cold) seaside town called Kaka Point, recently American as well as other foreigners have started paying what locals think are ridiculous prices. I went to an auction Today and a beachfront block with sensatioal views went for 121k (approx) what locals consider is huge yet its a joke compared to the same properties in OZ.
No i think this demand for sea views will be long lasting. and the prices might seem high to you but there are some very wealthy people out there all after the same thing.
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
February 1, 2004 - 11:51 am
hey, a bit of respect for the dead.
[xx(]
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 [email protected]
westan
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@westan
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Post Count: 1,950
February 1, 2004 - 11:50 am
Or
how long it takes a new Zealander work whether he is bitting his fingernails or Toe nails.
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
February 1, 2004 - 11:47 am
Hey Muppet the question is in forum Fun, surely you could have come up with a better response than that.
Like its how long a New Zealander takes too find his belly button.[]
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
February 1, 2004 - 11:44 am
Richmond
No i never knew it was Barb(from the footy show), sound terrible but i laughed when i read it.
Muppet You had better read my appology again, i appologized to Australia for our (Kiwi hat on) behaviour.
and finally if Chappel keep apologizing when are “we” going to accept it, it’s just under the surface with every kiwi.
bye westan
Hey muppet did “we” win anything today?
No. just like every other day Huh ?
Gee did you watch those Aussies against India AWESOME Brett Lee steeped up , Gilchrist and Simons incedible, boy “you” Aussies are amazing sportsmen.
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
January 31, 2004 - 1:43 pm
Hi all
yes i do believe an apology is in order and i would like to make it.
(as i have previously said)
For that terrible bit of sportsmanship shown in that game i would like to apologize, it was disgusting and hopefully will never happen again, so on behalf of all New Zealand sorry for the way the Kiwi batsman behaved, he should never have thrown that bataway after Trevors Fair and lawful delivery.
(look what happened when Dirk Wellham swung his bat , he collected some poor lady right on the Chin, her jaw went for 6).
westan
(is that what you wanted me to do Muppett?)
I find +ve cashflow deals in New Zealand which I sell to other investors. To be on my database send an e-mail to [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
January 31, 2004 - 1:01 pm
Hi nate
Yes those properties were well under market value, 2 in Smithfield Plains for 21 each. its hard to imagine you could buy in a capital city for that price only 6 1/2 yrs ago.
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
January 31, 2004 - 12:55 pm
Kay
you can guess what i’m going to say about new zealand
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 [email protected]
westan
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@westan
Join Date: 2002
Post Count: 1,950
January 31, 2004 - 11:07 am
PG
Thats exactly what i expected to happen
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 [email protected]
westan
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@westan
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January 31, 2004 - 11:03 am
Hi Crafty
firstly, personally i wouldn’t be interested in as very rural twon that was largley retired and only (by the sound of it ) just meeting the 11 sec rule.
secondly, try the abs site http://www.abs.gov.au
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 [email protected]