Hi all,

I guess that there are certain areas of Australia, that are defying the trends.

These areas perhaps have new infrastructure going there etc… (I can think of at least one city like this – in QLD)…

The majority of Australia, I wouldn’t be so optimistic about though.

Hopefully they will remove the Exit Tax in NSW soon, and this may…[Read more]

Hi,

Isn’t it a bit of a co-incidence that prices escolate in Tokoroa again when Steve McKnight hits town with some new investors !!

Steve has a habit of making prices jump, but Westan I agree with you that I’ll bet that Steve didn’t buy on his last trip there.

Of course I could be wrong…

Del

Hi JPD,

We are absolute horse lovers and we considered buying a horse agistment ppty on 70 acres with indoor arena etc…

We were so keen about the figures, but after a while we realised that we were “making the figures work”…

We were emotionally involved in the deal because we wanted it to work.

If yours is definitely a good deal even in a…[Read more]

Hi,

I love the look of white tiles.

They look clean and sterile, and make the room look bigger and lighter. I think the large glossy ones look the best, although they are probably not the cheapest.

Del

Hi G7,

YOU OBVIOUSLY HAVE GOOD TASTE!!!

Go Shane Crawford!!!!!!

Del

Hi again Steve,

If you are looking in the “big cities” of NZ for property, then Richmastery will probably more than pay for their fee, with a good deal!!!
They definitely find some good deals.

Good luck,
Del

I am glad that they are not getting away with this.

It is pretty clear that they are trying to build 2 distinct propeties on the one block.

Del

Hi Westan,

Yes, we are pretty much doing the same as you (I wish we were doing it as good as you though)!

We have sold most of our Australian and NZ portfolio – gone from about 18 to 5, and basically cashing up as much as possible.

We are currently trying to get in to property development (in Queensland where property still seems to be worth…[Read more]

Hi Westan & Skippygirl,

As an avid long time “Hawthorn supporter”, I hope you are not correct about Hawthorn.

I even paid for Membership yesterday for the first time in my life, (partly because I feel sorry for them).

At least they can only go up this year!!!! (hopefully)..

Carn the underdogs!! [biggrin] Go Crawfy!!

Del

Hi Terryw,

What an achievement!!!

Your posts are always knowledgable and trying to help someone. You have stuck around here a long time as a regular. I don’t know how you do it!

Well done!

Del

Hi Michael,

We have just been looking at your website, and WOW, we are impressed.

It is just what we were searching around here for!
Property development is definitely the way to go in this property market.

We hope to make it to your seminar in June!
You really have some property “heavy weights” speaking!! [biggrin]

Kind regards,

Will & Del

Hi,

Richmastery has been discussed here many times. Perhaps use the “Search” function.

Their fees are expensive, somewhere around $4-$5,000. Depending what type of property you are looking for, I’d contact either “Westan” for South Island properties, or MiniMogul, for North Island properties. Their fees are much cheaper, and their service is…[Read more]

Hi all,

We were one of the early investors in Tokoroa, and we have sold out there (a little too early it seems, but ah well), but I wouldn’t be buying in Tokoroa in this sort of frenzy.

Westan, I agree with you that there are better areas to invest in, without some of the hassles. Just because a house is cheaper to buy in Tokoroa, than buying in…[Read more]

Hi Greg,

Good luck with it…
Sorry I can’t offer you any real advice though…

We get lots of these Indian telemarketing calls, and they really “p###” you off!

Del

Hi Westan,
Thanks for that. I was wondering when they changed back.

“One hour ahead of EST, and 10 years behind Australia”!!

Only joking, sorry – couldn’t help myself!! [blush2]

Regards,
Del [biggrin]

Hi Ozi,

Well said !!!!

Sounds like the costs involved in going, were well worth it for you. I definitely agree that if you are considering investing in NZ, that it is worth going and seeing things “warts and all” in person. Photos can be very deceptive.

You got to see lots of different areas, on both Islands, good on you!

Just curious which…[Read more]

Hi Steve,

Hervey Bay does have a lot going for it in investing terms, but this is a lot of $$$.

Is the development on the Esplanade?

If we can help you with anything, we will be there next week. Send us an email!

Regards,
Del

Hi,

Sort of….

We are moving there later this year, and we have properties there.

We will be up there in 2 weeks. Can’t wait… It’s a great place.

Are you from there also?

Del

That’s excellent Chefman,

Glad to hear it’s going well for you. We considered buying a pub last year in Western Victoria, but we chickened out at the last minute because it was such a change.

Where is your pub, might pop in for a meal one day….

Regards,
Del

Hi Giddo,

I don’t think that you have read the book too well, because some of the Mappers were buying property in cities, doing reno’s/subdivisions etc… and then selling.

Apart from NZ, nobody on the MAP were buying in “REMOTE or RURAL” areas, (some did buy in large regional towns).

The moral of most of the book was – “find a problem and fix…[Read more]