Mini you are once again so perceptive. It’s like some are hanging out to see others fail. i’m with you i’d love to see success. I’d love to see all of you do well. But Hey isn’t that why we are here to help and learn.
It sounds for a few that the dream of financial freedom through property is starting to fall apart and you are looking for someone to blame. So you pick on Steve. Steve’s strategy still works. It worked in the past it works now and it will in the future. Sometimes the startegy is easy (like the year i started in 1997 till early this year), sometimes it is harder (like now in Australia). The problem is not with the stategy. The difficulty is making it happen right now. The funny thing is it’s when everyone stops looking for property as the way to financial freedom, suddenly it will become it again.
I agree with AD, it’s good to have an understanding of all markets not just property.
AD good to see you back here at PI.com. all the best with your new venture.
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]
once the announcements are made, suddenly the locals start to smile and walk proud and spend. they get confident and start to buy investment properties, then investors move in and do the same, suddenly the prices take off. Then everyone all the hopefulls arrive and pay 20% above asking price and Richmond and Mark go (beauty).[^]
and then they retire and come and visit me in NZ []
so it all turns out good in the end.
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]
i copied this from the companies own announcement to the ASX
Date of Lodgement : 15-Jan-2004
Title : Open Briefing. Magnesium Int. MD Outlines 2004 Objectives
corporatefile.com.au
What broad objectives does Magnesium International Limited (MIL) have for
2004?
Managing Director Gordon Galt
Our major broad objective is quite simple – to present our SAMAG smelter project
to the equity market for final funding as soon as possible. We still have a
reasonable amount of work to do with our site review and, of course, we need to
confirm one or two more cornerstone investors before we can do this.
so they have to get over the first hurdle of 1 or 2 more investors then attempt funding through the market. So don’t get too excited about this project yet.
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]
this strategy of finding good developments and buying in the area has in the last few years been one of my strategies and so far it has worked really well. I know how you feel, i don’t own in the area but i’ll join you for the fun go rocky.
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]
i thought the Mag smelter was a dead duck, with cost blow outs, Magnesium international has struggled to get finance, so the project is unlikely to go ahead. At least thats what i thought the situation was afew months ago have things changed ?
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]
i’m sure a US base will have a huge impact on a local economy, it would be a good bet that those who own in the area it happens in (if it does) will go well.
Personally i’d move out the idea of 5000 servicemen from the states excites me about as much as piles.
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]
Boy this was completely counter productive, i started out trying to get mini’s post up and look what happened.[] since i started the tread can i delete it ?? and if i do does everyone loose there posting numbers for this thread.[:p]
anyone know how it works?
PS well done Kay you win the battle with that “.” post i think you will go down in PI.com’s hall of Fame as the shortest post ever.[8D]
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]