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 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 +ve cashflow deals.
If you’re interested in hearing about any quality deals then PM me for details!! This is a genuine offer.

Hi Castledreamer & Muppet,

CD: glad to hear you seem to be enjoying your trip… How’s the weather?? Do I need to bring my woolies?

Weather is lovely here this week. Autumn in Victoria is a nice time of year.

Hope you are leaving me some good deals, I will be there in a week.

Perhaps I could catch up with Muppet. I seem to be the only aussie who’s gone to NZ and not met Muppet!!

Happy hunting and I will try to contact you when you get home.

Regards,[thumbsup2]

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 Scremin,

We can understand what you are saying…[strum]

We also were in a rut until recently, as being self employed, and trying to get really focused in property, as well as keeping our 2 girls entertained was very difficult.

For entertainment on weekends we dragged them from town to town searching for positive cashflow deals. Not much fun for them.[weird]

We hadn’t had a real holiday in MANY years, and so we finally bit the bullet and went to Fiji for 10 days, basically to repay the kids for the last few months of neglect!

You have no idea how a holiday can refocus and remotivate you. [specool]

If your budget can’t afford much, then there are lots of things that you can do like bushwalking, bikeriding…etc..that get you into the outdoors, and get your brain active.

Don’t let routine ruin your life.[upsidedown][upsidedown]

ENJOY – remember your family comes first!!

Good luck,

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 Nobleone,

I have some properties in NZ including Tokoroa.

I would strongly suggest to you, that if you are serious about investing in NZ, that you take a week off and go and visit the place yourself.

I would never advise any friends to buy sight unseen over there, without at least knowing the town.

Investing in NZ as an offshore investor also has a lot of complex taxation issues, which I won’t go into here. I suggest that you speak to a good accountant before you take any action.

I am planning another trip to NZ in a week or so and I’d be happy to check on a property for you, if I am nearby, however, I suggest that you put in some work first.

If you are only looking for 1 or 2 IP’s then I’d suggest that investing in NZ is probably not worth bothering about.

Perhaps use the search function and enter “NZ towns”. There has been LOADS of discussion in the past about areas, including Tokoroa.

Good luck with it, NZ can be very worthwhile…[evo]

Regards,

Del

Hi Jaffasoft,

I won’t speak about other people on the MAP either, that is up to them to speak for themselves.

However, all I will add is that you don’t need much money to think creatively![party]

In fact, the less money that you actually have, the more creative ways you will find to do “no money down” type deals.

We are seeing some very gutsy and amazingly creative ways to do deals in the MAP now. Most of us have run out of our money that we started the MAP with. We are all having to think smarter to keep the momentum going.

It is all up to us, Steve is not doing the work for us, which is what many people think.[tongue]

Good luck,

Del

Hi Kay,

Exit strategy – buy a place with a set goal of how long to hold it…

I will give an example – don’t stone me…[blush2]

I buy a house for $80K – just say it rents for $160pw – Not too bad return…
I might hold it until the value reaches $100K, then I sell it, and with the $20K profit and my initial funds in the deal, use that to buy 2 cheaper houses, then start all over again.

To us, there is now no such thing as passive in real estate.

Hope that makes some sort of sense.

Del

Hi Leigh,

Congratulations, I guess we never managed to catch up before you went for that cuppa!!

Oh well, the door is always open when you realize that Melbourne is heaps better than Sydney![party]

Only joking, best wishes for the future.

Keep in touch,

Del & the crew xxxx

Hi Castledreamer,

I must say that I agree with you. I used to LOVE being a regular part of this forum, and highly respected the moderators for their words of wisdom.

I have not been here much of late, as I find I am not learning much here anymore. The petty disagreements back and forth are so needless. We are all here to learn and help others – aren’t we??

I set a goal for myself to try to help others on this forum who are starting out, since I am part of the MAP program. Steve & Dave are helping me as a MAP participant, and I believe that what goes around comes around, however, lately it all seems like a waste of precious time.

Perhaps I need a holiday !![strum]
Lucky I am going on holidays this week – to Fiji…YAY!!!

Sorry guys & gals – I will try to come back refreshed and revitalised.[thumbsup2]

Bye,

Del

Hi Yack,

I think the short answer is:

THOUSANDS!!

That’s why it’s so much harder for all of us now!

Del []