Forum Replies Created
- 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 contacting Bernadette ([email protected]) to see if there’s a waiting list and to ask her if there will be a KA3. It isn’t cheap, but those that did well on KA1 would regard it as a bargain for what they achieved. Employing local pros to source and oversee a property purchase can easily cost $5k so relative to that it’s good value. KA1 participants have told me that just being with other like-minded people and feeding off their ideas/enthusiasm/mind set was priceless.
Originally posted by aptam:Just out of curiosity, when is KA2 being run ?
Mid-July, 2005.
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 expected to head towards and instead create alternative strategies?
I would hope that the seminars encourage an investor mindset rather than being prescriptive about where and what to buy. If the market is so much tougher now I would hope that some new strategies would be outlined rather than going over past success stories that simply won’t work today. Or perhaps I’m being a little optimistic?
Or maybe we just need to be that more vigilant (and informed) so that we aren’t fleeced by those seeking to take advantage. Some additional ‘street smarts’ is definitely going to be needed.
Help us out here guys.
-GaryGreat 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.
-GaryOriginally 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.
millsyHi millsy, just got back from meeting the guys and I must say it was very worthwhile. Peter (giraffe), who attended KA1 was subjected to intense questioning and provided some good suggestions and insights – without resorting to giving easy answers. I came away feeling really encouraged and motivated to set big goals, expand my level of thinking and formulate a strategy to build a plan around.
We discussed myths and incorrect assumptions, finance options, expectations, logistical stuff (like cars, phones etc), contracts and short settlements and what not to do – like over analysing deals and missing opportunities.
The discussions were pretty frank and everyone was pretty open, laid back, friendly and keen to get the most out of the experience as possible. I think it was an excellent start. There was a good range of experience levels within the group and everyone was very positive and energetic.
Yes, we’re planning to meet again in a few weeks so that we can discuss our progress more and be accountable for formulating a strategy. I’ll keep you in the loop (via email) and post to this forum as well. Look forward to meeting you next time.
-GaryThe 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 Victoria, 3152
Phone: 03.9887.2211Hi 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 I’ll keep you in the loop. The first meet may be as early as this Friday – not confirmed yet.
-GaryPS. Others members are welcome to join us too!
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 to Hamilton, but it takes ages as there are long waits (sometimes overnight) between flights. It would be great to stay longer, but I’m not financially free yet so …
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 opinion.
So as someone who knows nothing about NZ what’s the fastest, most reliable way of identifying your target areas? Look at stats? Read KPI? Surf property sites?
It was really hard work and I think you will get out of it what you put in.It was one of the best experiences in my life.I don’t think we should tell you to much because this will be your journey and your’s may be different to mine.One thing is for sure your in for a fantastic time.Make every day count.More info please! How did you prepare? What preparation/info/knowledge is mandatory before leaving? I’m probably getting a little too anxious, but I want to start early so I can plan my preparation well and not rush at the last minute. I also would hate to waste time doing unnecessary stuff and miss out on things that could make all the difference. Thanks in advance.
-GaryHi 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 of KPI? Read a few select books or comb thru this forum? There are obviously many forum members who are very familiar with NZ and have done major deals there so it would be great if we could get some advice from them. I wonder if someone would be willing to identify several forum members who would be best positioned to assist us? Perhaps Peter could tell us the other members who were on KA1?
-Gary
