Hi Barb

I was looking for that exact article… Any ideas where to pull it out from?

Cheers

David U

Hi

I’ve only heard the term cross leases in reference to NZ.

Here’s some info that may help out (from a NZ perspective)

http://www.blomlaw.co.nz/buyers.htm

Cheers

David U

Hi

Why don’t you just use a search engine?

I found the answer out in about 1.7 seconds[]

Cheers

David U

Hi

In addressing point 1) I believe it has to do with purchasing intent in NZ.

i)If you purchase a property with the intention of a quick reno and flip, then you are deemed to be a property trader and the property in question is treated as ‘trading stock’ and income tax is payable.

ii) If you purchase a property with the intention of holding it…[Read more]

Hi

What will it rent for after the $60k renovation costs?

David U

Hi

I 100% agree with Bruce on one thing… About the herd mentality that is going around at present.

My ‘perception’ is that many are currently in a buying frenzy (buying willy nilly), ie a ‘smash, grab and think later’ mentality. On a mission to acquire the ‘elusive’ regional town cash flow positive property.

There really has to be some…[Read more]

Hi AD

Haven’t had the pleasure of meeting Barb, but we have chatted. I agree with what you have said.

I just wanted to clarify that my post (if you between the lines)actually had little to do with property locations but EVERYTHING to do with the human spirit and the ability to give freely without any expectations.

Hope this makes…[Read more]

Steve

Thanks for your comments. Much appreciated.

After all it was you who said “success comes from doing things differently”

Richmond… I hear you mate… Being an ex-Fairfax employee myself..

Cheers

David U

Hi Richmond

I think you misread my post.

I’m not in the slightest bit interested in where other people are purchasing nor am I advocating that anyone should reveal this. I personally am ‘savvy’ enough to farm out new areas; it’s not THAT difficult. So in essence, what I say is not a criticism, but merely an observation.

What I am saying,…[Read more]

Hi Westan

I’m heading for Christchurch, so we’re heading in the same direction mid next year (probably earlier), as have still have a number of loose ends to tie up here.

Glad that you’ve had some success over there. If you would like to discuss, please feel free to contact me on Davidu@iprimus.com.au

Cheers

David U

Hi

Try

http://www.commercialrealestate.com.au/

Cheers

David U

Hi

I guess it depends on what you call ‘best’?

If you’re asking about CF +.? Answer is: Everywhere

David U

Perfectly said Craig

That’s why I’m packing my bags and moving permanently to NZ in the near distant future.

It’s the path of least resistance as far as I am concerned.

Cheers

David U

Hi HWD07

“Put all your eggs in one basket… and watch that basket carefully” Warren Buffet

and who am I to argue with the great man??[]

Cheers

David U

Hi Kirby

I have to agree with you 100%. Perfectly put in a nutshell.

quote:I read comments, from people that have posted to this thread, in other threads that show people are in for the quick cash out or top dollar and then say they are givers, I don’t think so.

The above comment really grated phlegmatic old me. Smacked of a certain degree of…[Read more]

Hi

Funny…Just over 20 replies and virtually everybody thinks that they’re a giver.

What does this mean?

Either, we’re a bunch of excpetional people; or

We’re pretty much all delusional…[]

Cheers

David U

Hi

Depends on how many units are in the block. Personally I’d look at buying ALL units in the block

Cheers

David U

Hi

With the excess of properties currently on the market that you mention; how can you be sure you will get a tenant and how can you be sure that you will get the lower than expected rent that you mentioned?

I guess the question I am asking is that ‘How would you feel and would you be able to manange financially (and how long) with NO tenant in…[Read more]

Hi

Forget the software; save your money and put it towards your next deposit.

The software will only make Richmastery wealthy, not you…

However, the next property, then the next property etc will…

Cheers

David U

Hi Alex

Well done!!!

I really understand that feel (fear, excitement and anticipation plus many more emotions) of faxing off that first offer.

Hope it all goes well

Cheers

David U