I know several of the mappers. when they started they were just like me. Average Joes who wanted to get ahead. and what Steve has shown many of them is exactly that – how to find it in yourself to be confident enough to go and learn and take a different path to the everyday nine to five working for you cash and living connected to your job for…[Read more]

Hi Recoveryman,
you really need to speak with an NZ accountant and an Aussie Accountant. I seriously recommend not just taking an Aussie accountant’s advice unless they have good NZ tax knowledge, and vice versa. I have my accountants talk to each other to make sure it works on both sides of the Tasman.
Cheers
CD

CastleDreamer
“+CF properties…[Read more]

Tim,
a building inspection should always be able to give you a legitimate out if there are legitimate problems with the property irrespective of its age. I don’t understand where the reference to 20+ years comes from
Cheers
CD

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Due diligence covers significantly more than building inspection. I wouldn’t limit myself to a building inspection unless the vendor declined the insertion of the due diligence clause my solicitor provided for my use:
“19.0 Due Diligence: This agreement is entirely conditional upon the purchaser approving in the purchaser’s sole and unfettered…[Read more]

I think you will find that there are a few of us – probably the same percentage as in the general population really….
Cheers
CD

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

I second Westan’s caution about finding a property spotter for you. Any spotter should be able to happily provide you with examples of prior deals. References from previous and current clients if needed, impartial contracts that allow you to fully investigate the contract and property to your satisfaction, independent access to solicitors,…[Read more]

I would also add Roger Crowley solicitors in Wanganui to the mix. Purchase of property including mortgage comes up at around 500 bucks for conveyancing. Always available by phone or prompt email replies (recommend Sue McKnight). Timely and very pleasant to deal with.

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Hi c.stone,
this would be one of the most asked questions I think from new forum members!!! – and some of the most closely guarded information on the forum!!
Generally people will not give away their investing locations except to speak in general terms – a lot of work and effort goes into researching and finding the right market – investors don’t…[Read more]

ozforex again!!!

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Suggest that DD’s services in SE QLD would be excellent starting point – a dynamic spotter who will help you get a good return in a decent growing area of Brissy or surrounds.

If you are after NZ, then go with Geo’s recommendations – you can also PM tasinvestor as well for NZ stuff.

Cheers
CD

CastleDreamer
“+CF properties in NZ available now,…[Read more]

Hi there,
I carry a Sharp EL-735. 99 bucks at office works, probably half that price elsewhere!!!!
It has all the general fin stuff PV FV PMT, I, n etc etc etc on it!!!
Cheers

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Hi Judi,
there are quite a few alternatives to paying heaps for spotters – check around on the website here for Westan, Tasinvestor, Minimogul, or pm me….

Cheers
CD

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Hi Guys,
you may well find that the 5% deposits mentioned above by lemueltipene will not be available to the average ‘Aussie’ investor – most NZ banks will require a 20% deposit – my experience is with around eight institutions to date of the big lenders.
The banks will tell you that you are an increased risk being from O/s and that they require…[Read more]

I’ll step in in the absence of any other forumite!!
I have used a couple of members on this forum as buyers agents for me.
I watched the forum for some time, interacted with them, met them, and got references and went with what I thought seemed OK. The deals have been good ones, and I am happy with their service. These guys are in NZ, and I…[Read more]

Whewwww!!
I read it from top to bottom, actually an interesting read. I will be watching my university lecturers with care now – will they pass the BS meter!!!
Seriously, I don’t agree with all that is said fully, but it is definitely on the ball in many ways I think. Thanks KayH

Cheers
CD

CastleDreamer
“+CF properties in NZ available now,…[Read more]

Yeah, not always going to get interest rates, but I have had conveyancing fees paid for me in part, discounted insurance, free valuations, all without being on a professional package. I guess part of it is striking a bank person who will listen and try to help, the other is all the other things here… threatening to move, how much bank sees you…[Read more]

Many say that if you are buying in Aus at the moment, you could do a lot worse than the south east corner of QLD. Increasing population – warm sunny weather (albeit lacking in rain desperately at the moment!), a great lifestyle area to move to. Predictions of growth for BNE and surrounding satellite cities of Logan, Ipswich, the Sunshine coast…[Read more]

Hi there,
i have friends who are not Aussies who have bought homes/houses here. Can’t imagine it would be to different for you, but you should probably check out the ATO site and you could ask an accountant I guess….

Cheers
CD

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Hi Erin,
I have 14 properties purchased in NZ and another four or five on the go at the moment, purchased since January 2004.

Cheers
CD

CastleDreamer
“+CF properties in NZ available now, email CastleDreamer or Minimogul”

Hi slodki,
Minimogul and I do the same as Westan, we provide a full list of contact people in the local area, including a couple of the local reputable agencies, valuers, building inspectors, handymen, plumbers, whatever a landlord needs to keep the place running in absentia, we have tried to think of so that from the very outset when you do your…[Read more]