Hi Kay & Westan,

Thanks for the replies.

Yes Westan, I think it is good to sell if you can do better elsewhere.

Good luck to all,

Del[trigger]

Hi Steve,

Congratulations on a great newsletter…

You always seem to have a 6th sense and seem to know the things that we are thinking!

This topic was very timely for us…[party]

Very spooky!![upsidedown]

Bye,

Del

hi ggumpshots,

I met Weston (and his family) before he become famous in NZ…..[shades] He was living and investing in a regional Victorian town. The same town that we were investing in.

He is a wizz about anything and everything that may be happening in a town, I mean companies moving in or moving out of a town etc.. He is a walking…[Read more]

Hi Wallflower,

I understand what you are saying about we are all adults and can make our own decisions, however, if someone private messaged me, trying to flog their mortgage broker business, I’d be really PI@#ed off.[grrr]

I hate spam, and if I want help from someone then I will ask them.

Regards,

Del

Hi James,

I’m not a mortage broker, so I can only give you a general answer.

With commercial loans I believe the maximum LVR is 70%.

We did find that for the area that ours is in, (a Vic. regional town) there were not that many smaller lenders that would lend for commercial finance there, however they would lend there for residential.

The…[Read more]

Hi all,

I have learned so much from brokers on this site. One broker in particular from this forum, we have found to be 1st class, and he has contributed to our success in investing. Without a professional mortgage broker behind us, we would have probably have given up investing long ago, as it all would have been too hard.

All I want to add…[Read more]

Hi all,

Two weeks ago on a trip to NZ, I decided to make an appt. and visit each of our tenants, even though we use PM’s.

They were all really excited to see me, and one even stayed home from work, just to meet me. (I don’t really know why, but it felt nice).

One of the tenants said that although she loved the house, that she felt she had to…[Read more]

Hi Mini,

Kia-ora and CONGRATULATIONS!!

You have stuck with the forum thru thick and thin, and come out a winner![party]

I always enjoy reading your posts, although I only wish I had the time to read a whole post at a time. Usually I have to read half of yours, and then come back later and finish the other half! [upsidedown]

Cheers,

Del

Hi Mini,

DITO!!!

Del [biggrin]

Hi SIS,

Interesting post !!

I think we are about a 6 to 7 out of 10.[baaa]

We have sold our home, which we loved, so that we could invest without using a LOC, and although we are investing in NZ and Australia, I don’t like doing too many deals at the one time. I like to get finance approval etc.. and then move on to the next deal.

We have…[Read more]

Hi Kay,

Congratulations on a great job!!
You always keep ’em honest! [thumbsup2]

Be nice to me, [blush2]

Del

Hi Melbear,

Congratulations on a great effort !!!

I always enjoys reading your posts.
Thanks for all the time you put in.
It is appreciated.

Melbear for moderator…[thumbsup2]

Keep up the great work,

Del [biggrin]

Hi all,

I agree with Aussie… I also want to know who Martinw really is. I too have followed his posts (with disgust) and wondered what his real agenda is.

However, I think this post is now getting a bit long in the tooth, and it’s probably time to move on to a more interesting subject.

Every reply just gives him more…[Read more]

Hi again,

By the way, if anyone is interested in the above deal, PM us and we can forward details. It is in the hands of a RE Agent.

I won’t be charging a spotters fee!

Regards,

Del [thumbsupanim]

Hi Monopoly,

At the moment we are selling a block of 4 quality 2br units for $290,000. They return $485pw. They are located in the leafy part of town, not in a housing commission area.

They are in a large regional town in Victoria with a population of about 15,000 which services a surrounding area of about 70,000.

They are also being sold with…[Read more]

Hi Westan,

Enjoy your holiday…
It’s a shame I will miss you by a day.

Talk soon,

Del

I’m off to NZ again, to search for more GREAT +ve cashflow deals.
If you’re interested in hearing about any quality deals then PM me for details!! This is a genuine offer.

…No problem Fish,

Good luck with finding a good one!

Regards,

Del

I’m off to NZ again, to search for more GREAT +ve cashflow deals.
If you’re interested in hearing about any quality deals then PM me for details!! This is a genuine offer.

Hi Muppet,

Thanks for that very interesting artice…

I wouldn’t be at all surprised if Aussies have bought 150 houses in the last few months in Tokoroa !!!

Regards,

Del [exhappy]

I’m off to NZ again, to search for more GREAT +ve cashflow deals.
If you’re interested in hearing about any quality deals then PM me for details!! This is a…[Read more]

Forgot to add:

Try: http://www.cookadam.co.nz

Phil Mulvey – based at Invercargill.

If you’d like a good accountant to discuss things thru in Victoria, then PM me.

Regards,

Del

I’m off to NZ again, to search for more GREAT +ve cashflow deals.
If you’re interested in hearing about any quality deals then PM me for details!! This is a genuine offer.

Hi Bardon,

We have set up a NZ resident structure, and feel that it is best for us.

I think when ever you want to distribute profits to Aust. residents, you’d probably come under Aust Tax law. We are using our NZ properties as a set & forget type investment – for now anyway…

Good luck,

Del

I’m off to NZ again, to search for more GREAT…[Read more]