PropertyInvesting.com | garywith1r | Activity https://www.propertyinvesting.com/members/garywith1r/activity/ Activity feed for garywith1r. Mon, 13 Apr 2026 09:37:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 81cc8fd0963a8ea90b22d6323b4ed35a garywith1r replied to the topic Bringing Money From NZ to Australia in the forum Overseas Deals https://www.propertyinvesting.com/topic/4387739-bringing-money-from-nz-to-australia/#post-4558938 Thu, 21 Dec 2006 14:48:00 +0000 Some banks allow you to do it via the internet (ANZ does) with limitations on the amount you can transfer per day. I haven’t seen a way to schedule international transfer automatically – you may be able to ring them and do it over the phone. ASB has a ‘foreign exchange’ feature in their internet banking. It usually comes with some service fee so…[Read more]

]]> cdad0882b98cb900fbadcad14a9461a7 garywith1r replied to the topic 95% of people are doomed to fail in the forum General Property https://www.propertyinvesting.com/topic/4385752-95-of-people-are-doomed-to-fail/#post-4549673 Tue, 06 Jun 2006 12:39:36 +0000 According to Steve only a few of the original MAP (see Steve’s 2nd book) participants are still doing full-time investing. This would seem to hold the 95% theory pretty true. Even after some initial success and mentoring the temptation to let life get in the way is very strong.

Another Steve quote that comes to mind is that it’s just as hard to…[Read more]

]]> 58117145c90f83d81eb7a09c1bcf9316 garywith1r replied to the topic Using options to buy a property in the forum Creative Investing https://www.propertyinvesting.com/topic/4384486-using-options-to-buy-a-property/#post-4542443 Mon, 15 May 2006 03:48:54 +0000 Brilliant. Thanks for sharing Kiwi.

]]> 421e74ac8b5c279c3f0c024e77e8010b garywith1r replied to the topic It's all about PEOPLE! in the forum Creative Investing https://www.propertyinvesting.com/topic/4385303-its-all-about-people/#post-4546557 Fri, 05 May 2006 03:46:48 +0000 Brilliant. This principle is so critical. Thanks for sharing.

]]> 46c794ab114e2dca7b021f44b1c3dc8d garywith1r replied to the topic New Zealand Sub Dividing Help Needed in the forum Overseas Deals https://www.propertyinvesting.com/topic/4385143-new-zealand-sub-dividing-help-needed/#post-4545754 Tue, 02 May 2006 07:50:02 +0000 Hi MiniMogul,

Thanks for your post. I’m looking at a possible sub-division of an existing block of units in Hamilton. Have you ever done this before? We’ve spoken to a surveyor who had a quick look and said it should be pretty straight forward.

I’m thinking of tying the subdivision to the settlement date on the S&P agreement, but this would only…[Read more]

]]> 28169b4691cc3928f425aba00a9b24b8 garywith1r replied to the topic Strata Titling BEFORE Settlement in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4385150-strata-titling-before-settlement/#post-4545781 Thu, 27 Apr 2006 12:53:19 +0000 Thanks for the tip Richard – much appreciated. I will need to add some terms to our contract to cover this. Do you use specific wording for this provision? It sounds pretty straight forward.

I’ve had a second surveyor confirm this so it looks good to go. Thanks again.

]]> 6aaa880917adc68f535bfca4bf41771c garywith1r replied to the topic Strata Titling BEFORE Settlement in the forum No Subject https://www.propertyinvesting.com/topic/4385150-strata-titling-before-settlement/#post-4545779 Wed, 26 Apr 2006 14:30:43 +0000 Ok, perhaps I should have posted in the OS Deals forum. Well, I spoke to one surveyor who didn’t think there would be any issues. I’ll see if I can get a second opinion to confirm this.

]]> d2fdd5dc9acd3c49ea443b63caa56f67 garywith1r replied to the topic Creative use of "subject to" clauses in the forum General Property https://www.propertyinvesting.com/topic/4377398-creative-use-of-subject-to-clauses/page/2/#post-4498041 Wed, 19 Apr 2006 06:13:57 +0000 Originally posted by voigtstr:
Anyone? We are going to the open home today, and I need the wording to put on the contract today

Basically the correct wording for the following gist “this offer will lapse if not signed by the vendor by (time) (date)” Does anyone have the exact wording handy? Please?

I realise this is months too late, but we’ve…[Read more]

]]> 44817d4239524b5a62381b05a89279a9 garywith1r replied to the topic to buy family home or investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/4385048-to-buy-family-home-or-investment-property/#post-4545254 Wed, 12 Apr 2006 04:54:25 +0000 Fantastic advice. This is a major decision in an investment career. If you can detach yourself from the emotion that comes from home ownership then you’re more than half way there.

]]> 1fc2d916168fb30e0c13be4a299a9c36 garywith1r replied to the topic Buying with an option in the forum Creative Investing https://www.propertyinvesting.com/topic/4385012-buying-with-an-option/#post-4545090 Mon, 10 Apr 2006 13:42:07 +0000 Fantastic stuff MaiA. You solved his problem (poor marketing and needing cash) and made a profit via better marketing and no/manageable financial pressure. There are some really great stories on these forums if you dig hard enough. This is one of them. Well done.

]]> 6083cc60eed3914d379d86b6d53cd755 garywith1r replied to the topic Creative deals for a motivated vendor in the forum Creative Investing https://www.propertyinvesting.com/topic/4384086-creative-deals-for-a-motivated-vendor/#post-4540151 Mon, 10 Apr 2006 10:04:10 +0000 Wow, some excellent ideas/thoughts here. Full marks to everyone!

]]> 880e87b9a62c12d696b8f8aeac9bce0d garywith1r replied to the topic Does anyone have quick start plans for income in the forum Creative Investing https://www.propertyinvesting.com/topic/4383582-does-anyone-have-quick-start-plans-for-income/#post-4537528 Mon, 10 Apr 2006 07:33:25 +0000 Originally posted by Forklift:
…You have had many good pieces of advice given here already and hopely I can build on that. I still do not regard myself as seasoned, or any sort of expert, but we have done a bit…

Hi Forklift,

Great story – perhaps you should write a book too ;). Seriously, this is a great post from someone who obviously takes…[Read more]

]]> 55d3beaf9caff0e02d71fdef577210d7 garywith1r replied to the topic Number crunching templates in the forum Help Needed! https://www.propertyinvesting.com/topic/4384770-number-crunching-templates/#post-4543851 Tue, 21 Mar 2006 14:40:33 +0000 Originally posted by alexpk:
Could someone help clarify the abbreviations in the pdf templates under the loans section

P/Y: Payment per year?
N: ?
Start / End ?
(PMT)$: per :?

P/Y: payments per year (12 = monthly)
N: Total number of payments
Start/End: Is the payment made at the start or end of the period – this has a slight affect on the…[Read more]

]]> be7c0ddd1321aca812b20e2e65473381 garywith1r replied to the topic Structuring in NZ for Aussie Investor in the forum Overseas Deals https://www.propertyinvesting.com/topic/4383576-structuring-in-nz-for-aussie-investor/#post-4537473 Tue, 20 Dec 2005 02:32:51 +0000 Hi Angela,

I’ve recently setup a structure that I believe is identical to the one that’s been proposed (possibly by the same accountant). The company acts as a corporate trustee for a family trust that ‘owns’ the property. The directors of the company retain full control and responsibility for the asset, but the company itself earns no income and…[Read more]

]]> 45bda3a25597fb182bcb96e2b6ae2789 garywith1r replied to the topic Selling up in NZ in the forum No Subject https://www.propertyinvesting.com/topic/4383457-selling-up-in-nz/#post-4536847 Tue, 06 Dec 2005 02:03:37 +0000 Hi Nugen,

This is a very popular, well discussed topic on these forums (and others). In short, if the properties were bought in your own name then the ATO will count your CG as income. Even having trust structures doesn’t automatically mean you won’t have trouble with the ATO. It’s an issue of where these properties are ‘controlled’ from. Even…[Read more]

]]> 5fe9e7df7d8e08166eef3ff903bd1558 garywith1r replied to the topic sub division in the forum Overseas Deals https://www.propertyinvesting.com/topic/4382730-sub-division-4/#post-4532795 Mon, 17 Oct 2005 10:45:54 +0000 I am really impressed with Rotorua’s council website where you can get zoning maps, aerial photos, rate details of individual properties and details about sub-divisions for zones. Check if there is a similar site for your target area.

http://www.rdc.govt.nz/Default.htm

]]> a5c3ca143f7705db8cf4cdc0b726312e garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/5/#post-4510133 Wed, 17 Aug 2005 08:00:11 +0000 KA2’ers,

Now that the dust has settled and most have resumed normal life, I was wondering if anyone (in Melbourne) was interested in getting together. The intent would be to simply keep in touch and motivate each other. Send me an email if you are interested. Thanks.
-Gary

]]> 4e7e2c7c8a4e11bfb26a4c722468653a garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/5/#post-4510131 Tue, 26 Jul 2005 04:52:52 +0000 Agreed. An awesome experience. So who’s up for a return visit later in the year?

]]> 352d239038d00553010bdf58bdde4073 garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/4/#post-4510120 Tue, 24 May 2005 12:43:08 +0000 How many coming to Tokoroa? Anybody want a conducted tour of Tokoroa?
Definitely! Getting an insiders knowledge would be invaluable – how do I reserve a spot? It’s very generous of you to offer.
-Gary

]]> 5f76362db6a2e78f3bc6fe49391f442b garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/4/#post-4510117 Tue, 24 May 2005 06:24:29 +0000 I can’t make it for this Friday, but I am keen to catchup again. It would be good to get other KA1 participants to come along too. So if there are any out there who want give us some pointers then please make yourselves known. Peter’s (giraffe) insights at the last meet-up were most appreciated by all.

Since there is less than 8 wks to go perhaps…[Read more]

]]> f1a0beda08c0a87fc59dab29d0d38a6d garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/4/#post-4510112 Sun, 22 May 2005 06:05:58 +0000 Originally posted by reecenas:
…I’ve just been reading about this KA2 and was wondering if it is too late to join in and if it is an expensive process?? Whos in charge and how much does it cost to join in? (besides the airfares etc). If it is too late will there be a KA3??

Hi reece, I believe KA2 is fully subscribed, but it would be worth…[Read more]

]]> 44a6e0c316f397e74626c50bd652b218 garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/3/#post-4510085 Mon, 18 Apr 2005 12:01:10 +0000 Originally posted by aptam:

Just out of curiosity, when is KA2 being run ?

Mid-July, 2005.

]]> cffca787b484c8467a64426ee66a6cfa garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/2/#post-4510080 Mon, 18 Apr 2005 11:04:53 +0000 Well, I appreciate you guys raising the issue. I want to have realistic expectations. The NZ market has obviously moved significantly in recent years and even the success of KA1 cannot be taken as a formula for success.

So how can we be smart about our foray into NZ? What advice can be offered? Do we sidestep all of the places that we are…[Read more]

]]> de8d5d47e6f20f91fdad2f2765bbaaca garywith1r replied to the topic kiwi adventure 2 in the forum No Subject https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/2/#post-4510070 Fri, 15 Apr 2005 11:57:35 +0000 Great notes Andrew – thanks for doing that. Perhaps next time we can record the whole conversation and allow KA2 participants to download it as an MP3? There may be some from outside Melbourne who could benefit and not feel left out b/c of distance.
-Gary

]]> 264eda7865ab925233eb3972fb512f02 garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/2/#post-4510069 Fri, 15 Apr 2005 11:48:47 +0000 Originally posted by millsy:
Oh what a shame, i missed the meeting, been out of town the last week and a half. Well how did it go guys? What was discussed. Are we meeting again soon? Well done on setting it up.
millsy

Hi millsy, just got back from meeting the guys and I must say it was very worthwhile. Peter (giraffe), who attended KA1 was…[Read more]

]]> 985402bc1d32c3f8f8aed7f562115e2e garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/2/#post-4510066 Thu, 14 Apr 2005 13:18:46 +0000 The KA2 meet-up is confirmed for this Friday night (15/4) at Borders in Knox shopping centre. For anyone who would like to join us it’s still not too late. Email kyen, kaos, giraffe, ians or myself and we will send you the details.

For those not familiar with Knox, Borders:
Shop 3110 Knox City Shopping Centre
425 Burwood Highway
Wantirna, South…[Read more]

]]> e07c4a5c6a289d4640d10802aba2f4e3 garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/page/2/#post-4510064 Mon, 11 Apr 2005 04:33:20 +0000 Hi Ian,

I’ve been sending emails to people who have expressed interest in getting together and so far Kay (aka Kaos) and Andrew (kyen) have responded.

We are looking to catch up pretty soon and have settled on the Borders bookstore in Knox city shopping centre. I realise it’s a bit of a trip from Eltham, but let me know if you’re interested and…[Read more]

]]> e748abb9957dbb59b800b1b1957f6d5d garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/#post-4510055 Thu, 07 Apr 2005 13:46:43 +0000 Originally posted by Kaos:
I would be interested in what airfar prices people have found best I have found is $475.83 with emirates??????

Does that include the taxes? If so that’s a good price. If not then try WebJet. I’m flying in on the Saturday morning so Freedom Air wasn’t an option as they don’t run every day. Qantas does connecting flights…[Read more]

]]> be8e2aedb09cacc03e40fd0cf8974a1a garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/#post-4510050 Sun, 03 Apr 2005 14:02:04 +0000 Hi Lisa,

Originally posted by turboz:
I am no expert at property investing but I will say that to get the most out of the experience you need to know exactly what you want out of the experience.What goals do you want to acheive whilst in NZ? I also had a plan of where I was going on my days in the feild I really think that helps,but that’s my…[Read more]

]]> d3755dc5c6a3c8ae5e0500bd1ad6a297 garywith1r replied to the topic kiwi adventure 2 in the forum Overseas Deals https://www.propertyinvesting.com/topic/4379311-kiwi-adventure-2/#post-4510047 Sat, 02 Apr 2005 01:48:31 +0000 Hi millsy,

I’ve signed up for KA2 and I’m from Melbourne. It would be great if we can get some feedback from past participants like Peter to quickly establish how we can best prepare. I’m not familiar with the NZ at all so I’m keen to acquire relevant info to get the most of the trip. So the key question is: Where do we start?

Order back issues…[Read more]

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