Hi Craig,

Will & I have been members of the State Emergency Service for about 8 years. That is actually how we met.

We do everything from road accident rescue – (cutting people out of cars) etc. to storm damage, floods, police searches etc…

It feels very rewarding to help someone in their time of need, especially at car accidents.…[Read more]

Marc,

Thanks for that info on the banks. It seems I have a bit more research to do.

I hate the thought of photocopying our company financials all over again, when considering changing banks, but I’m sure it’ll be worth it to finally find one that is good.[xx(][]

Marc, do ASB only lend 70% for certain towns?

Regards,

Del

Hi Mini,

I don’t know who you bank with, but with the ANZ I can now do Telegraphic Transfers from my ANZ Aust internet banking and also from my ANZ NZ acount.

It’s also $8 cheaper doing it myself, rather than going into a branch.

Also, you don’t feel like such a pain, when the bank is so busy.[]

It takes a week or so to set up.

Regards,

Del []

Hi Stu,

Can you pls explain how the IO loans with principal repayments works pls.[]

Thanx,

Del

Hi Pinky,

We have a couple (but one in particular)of RE Agents that we regurarly keep in touch with, and they keep in touch with us. (I mean every week)!!

One even sent my daughter a beautiful 2004 Horse calander for her 6th birthday this week!

We don’t expect to find anything worthwhile on the net anymore, and we don’t even check…[Read more]

Hello Carmen,

Good luck with whatever you decide. We have just sold our house (not quite unconditional yet) to use the funds on further investing. It feels great. There was a good post a few weeks ago called “Sell, rent and invest” or something similar – do a search, and have a read….

Just a word of caution about giving your “personal…[Read more]

Hi Bridgette,

I saw Mangakino a couple of weeks ago, and I didn’t get a good feel for it at all.

It is off the main highway, and it looks like more of a ghetto type area to me, other towns close by, I didn’t think that. I was told crime is quite bad there.

Cheap isn’t always good.

Just my 2 cents, for what it’s worth []

Del

Hi Russ,

Sounds like you really do have tenants from heaven!! You are very lucky.

As far as the wrap senario, if I were you I would re-post this thread in the wrap section. You will have more takers….[]

Because the house has appreciated quite a bit in value (to $200K), you generally add around 20% to the asking price, making it around…[Read more]

.28 sec.[]

Good game Bill!

Del

Hi enduser,

I’m with you. I think that prices are at their peak in a lot of regional areas.

I am using caution, and I won’t be getting carried away buying lots at the moment.

Some areas, like parts of QLD seem to be still going strong, but Victoria – caveat emptor….
Don’t get caught up in the mania. However, if it’s a really good deal then…[Read more]

Hello Jarvis,

I won’t say that I know what you are going thru, because each person’s situation is different.

I will just say that I felt similiar things after the birth of our two children, 13 mths apart in age. Life was very difficult, and I was used to living a very independent life and it all changed – DRAMATICALLY.

Please make an…[Read more]

I agree with Pin,

I am in the higher tax bracket, and I would benefit by having 1 or 2 neg geared pptys.

I won’t do it, because I am trying to build up a large portfolio of pos cashflow pptys, and our short term goal is to sell our business, and live more off our cashflow.

I am all for +ve cashflow investing, but I do understand that -ve…[Read more]

Hi Marc,

That’s an interesting article…

Sounds like a fixed term lease would solve that.

Do you think people in NZ would go for fixed term leases, it would give the tenant much more protection, as well as the owner would have more protection from short term tenants.

Polar Bear, Wow! – well done.

Regards,

Del

Thanks for sharing that lovely story Judith,

It’s my daughter’s 6th birthday this Saturday.

Your story brought tears to my eyes!

…..You get very emotional once you become a parent!!!

Regards,[]

Del

Hi Bear,

This is actually what the forum USED to be like, prior to the book launch.

A bit easier to keep up with the posts…

Have a good day all,

Del

George,

The short answer is “yes”.He is as shonky as they come.

Try the search function. Lots of reading…

Del

Thanks Leigh…[] []

Hi Battz,

Thanks for sharing that positive story with us.

You are a success! Congratulations.

Regards,

Del

What’s wrong with you..Go on kiss and make up properly..[:X][:X]

Seriously, that’s a noble thing to do Westan, and I’m sure you feel better for it.

Crashy, very professional to accept.

Love this new “friendly” forum,

GROUP HUG TIME !!! []

Del

We try to buy a few properties in the one town.

We have 5 in one town in Vic, and pay 5.5% instead of 8%. We get great service from them also. Their ppty mgmt skills are much better than most others we’ve dealt with.

We always politely try to negotiate, although they seem to be getting tougher to get down in price.

Del