For staying on topic.

There is no doubt that kids coming out of school have no idea of the differences between an asset and a liability. Have no idea of the value of money. Have no idea how to avoid the debt trap (Having said that my daughter seems to have a great nack for not spending her own money and concentrating on…[Read more]

What do you think the required knowledge – the roots of our mighty oak trees – we should be passing to the next generation is?

I’ll start:
1. The…[Read more]

If you have the time/inclination you could strip them off and give it a go yourself. Tiling isn’t that hard.

My wife painted some bathroom tiles white once and seems to remember the job was tedious and…[Read more]

You make some good points and if you can make money from property in Tok good luck to you. I wouldn’t got there myself, that’s all.

Dave

http://www.wises.co.nz/

Cheers,
Dave

It’s great to see so many of you Aussies falling in love with New Zealand. We know you’ve always wanted us and now you know too

Tok has always been at the lower socio-economic end of the scale. There’s just nothing there that’d take you there. Sure, the gang problems are gradually fading (this is true for all the ar…[Read more]

I think georgisj’s idea of using the money in an offset account is a better idea.

If they’re not plumbed in they’re almost certainly illegal.

Sorry to whoever said that first.
Dave

I would just send the form to you but…[Read more]

Given that training yourself to keep working for someone else isn’t ever really going to make you rich $1000 doesn’t seem too bad at…[Read more]

I got the impression from Steve’s book that he was fairly agressive in his buying and selling of properties. Again, my impression, it didn’t sound like he held for very long – mind you he’s only been doing the PI stuff for a few years himself!

I thought a lot of times he saw an opportunity, realised a profit then used that…[Read more]

That’s a load off.

Dave

Sounds too good to be true?
http://www.comsec.com.au/Baseframeset.asp?b=SiteMessaging&iSeq=445

Thanks for that. My mail note to you was just rejected [] but I’d love a copy of the booklet if the offer’s still going.

Please either email it to davevane2004@yahoo.com.au or post it to
PO Box N227
Grosvenor Place
Sydney NSW 1220

Which ever is more convenient for you is good for me.

Thanks again,
Dave

Better.

I preferred the ‘Tone’ of the first tag-line. Sure, the grammar wasn’t 100% but it had a nice, encouraging feel to it – I could feel you urging me on. “Keep going, your goal is just in front of you!” sort of thing.

The one you use now is better grammatically but lacks the urgency; that is, it’s a bit airy-fairy. “You’re on your way (you…[Read more]

For my part I’d like to thank SIS for candidly answering a question that was posed to him. I believe SIS answered in good faith and I have learned a lot from his replies. How I use that information is now up to me.

Tax is generally a sensitive issue for most people and you…[Read more]

I suppose I’ve got a strong ‘Sam and Eric’ streak in me so questions like this one help me to get my head around the sort of information I should be gathering before moving.

Thank you Devo in particular for your reply and reinforcing a few points (and all the great music of course).

Call me dvane, call me Dave,…[Read more]

One question: how on earth do you claim alcohol as a tax deduction?? What’s the next logical step? Hookers? [?]

Dave

The only due diligence templates I’ve found on the site (and I’ve been looking for them too!) are the ones that you can purchase from:
https://www.propertyinvesting.com/buyerbeware

They are currently on back order, though.

Dave

I’m sure there are others but I noticed the “QV” logo on some documentation from the bank once so I’m guessing they are reputable.

There seems to be a lot of information on the site, too.

Dave

Thanks for your help.
Dave

Chandollars is right; there is a set of due diligence templates created by Steve McK and available on this website at: https://www.propertyinvesting.com/buyerbeware

While I haven’t bought these templates, from what I read they are more geared toward inspecting IP’s and not costing them out.

Steve McK created a nice excel spreadsheet…[Read more]

I hate to take the moral high-ground here viz not telling the IRD but just because everyone’s doing it doesn’t make it right.

It’s been my experience that:
1. That stuff always catches up with you
2. I’m still broke.

Dave