PropertyInvesting.com | eljay1 | Activity https://www.propertyinvesting.com/members/eljay1/activity/ Activity feed for eljay1. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4f24b52086773b534bb7171c888d3add eljay1 replied to the topic High yield NZ - advice please? in the forum Overseas Deals https://www.propertyinvesting.com/topic/5007275-high-yield-nz-advice-please/#post-5007603 Tue, 19 May 2015 11:38:24 +0000 Hi

We own a few cheap houses in NZ (a couple around $100k) and have rented them successfully for years. I’ve looked at some of the ones around the sub 100k range and you really do need to do your dd. Just because someone is living in it does not mean that it is fit for habitation i.e. standards in rural NZ can be extremely poor in terms of…[Read more]

]]> aece080c45418bb36b4784b0efc0af74 eljay1 replied to the topic $1 Million Dollars - How to spend wisely!? in the forum Help Needed! https://www.propertyinvesting.com/topic/4993088-1-million-dollars-how-to-spend-wisely/#post-4993154 Mon, 28 Jul 2014 10:35:52 +0000 Hope I’m not hijacking this post. I’m trying to understand the calculation ‘$100k income is $1.7m invested at 6% yield.’ I have about $1.1m invested in property, about $400k is debt. Does the calculation above rely on tax deductions on $1.7m debt. I’m just trying to get an idea of my own cashflow from investment.
thanks and sorry for pushing in!

]]> 6abc6c7966da595299567c029f4be220 eljay1 replied to the topic Looking for IP number 7 in the forum Help Needed! https://www.propertyinvesting.com/topic/4990667-looking-for-ip-number-7/#post-4990723 Mon, 19 May 2014 09:06:49 +0000 Thanks Benny, I’ll have a look.

]]> 96aaed7ce47cc6f1e7dc652953f1eb97 eljay1 replied to the topic Looking for IP number 7 in the forum Help Needed! https://www.propertyinvesting.com/topic/4990667-looking-for-ip-number-7/#post-4990689 Sun, 18 May 2014 12:34:31 +0000 Hi Richard,
Thanks I’ll take you up on that.

]]> e470dafd3c2d576d50d12ad27428d9a5 eljay1 replied to the topic Looking for IP number 7 in the forum Help Needed! https://www.propertyinvesting.com/topic/4990667-looking-for-ip-number-7/#post-4990687 Sun, 18 May 2014 11:13:50 +0000 Hey Richard

Thanks so much for your motivational comments. I need them as have no one else to talk IP with, and I love it as much as you.

I have a problem with numbers which isn’t great for an investor (:/) but I pay my accountant a lot of money so hopefully have that covered and he does have his reasons for current structuring. I’ve used ANZ…[Read more]

]]> 8d8447d798aa9dc5e9f656cca049b7e1 eljay1 replied to the topic Looking for IP number 7 in the forum Help Needed! https://www.propertyinvesting.com/topic/4990667-looking-for-ip-number-7/#post-4990677 Sun, 18 May 2014 10:02:41 +0000 Hi
Thanks for your replies. Sorry the figures are confusing and I wasn’t clear. I was confusing myself with some properties paid, some not, and currency conversion. Possibly not that much detail is needed. One of the properties is a UK one bought years ago, that we couldn’t sell due to GFC. Its worth about $370k. The system there has been kind…[Read more]

]]> 6d605fae2d63d640ea40f2463a57127d eljay1 started the topic Looking for IP number 7 in the forum Help Needed! https://www.propertyinvesting.com/topic/4990667-looking-for-ip-number-7/ Sun, 18 May 2014 07:08:38 +0000 We have 6 IPs bought over the last few years, minimum yield 8% up to 10% +. All are PI mortgages, 3 are paid for and I’m hoping to finish paying for number 4 this year. The properties are modest, most expensive is $200 but the rest around $130k. The 3 paid for return a net of approx. $2800 pm. We have around $760k equity in the IPs and debt of…[Read more]

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