Originally posted by kay henry:
Here’s a reference to that story:

http://www.abc.net.au/news/newsitems/s1065616.htm

Problem is… abolishing stamp duty for *first-home buyers* homebuyers relieves that group. But a $2k duty for each home (including IP’s presumably) for each year of the property’s existence? That’s a lot of moolah.

kay…[Read more]

Thanks Kay for the link. Below is the info from the link:

Last Update: Sunday, March 14, 2004. 2:22pm (AEDT)
Claim Fed Govt planning national land tax
The New South Wales Government has accused the Federal Government of secretly planning to introduce a national land tax.

It claims the tax would cost each home owner in the country $2,000 a…[Read more]

Originally posted by Rugbyfan:
Chan$, I think you will find that to be a furphy. From what I read/hear and understand – all states (and Federal Government) are trying to make housing affordability easier for first home owners.

I would be surprised if;

A) The Federal Goverment would want to put land tax upun land tax (ie. many houses are already…[Read more]

Kay,
reply in blue:

Originally posted by kay henry:
Chan,

Many of us know that one can buy CF+ properties.
I don’t believe that because a lot of people still ask this question and that including this topic.

If people go to schinellas RE of broken hill, one can probably find dozens on their website.
Yes they can, but some of them don’t know if…[Read more]

thank you for sharing. it’s quite a good read

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

and now 1353.

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

[^]

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

Originally posted by muppet:
Hi Chan

Bad news for you lad, after talking with the powers at be this expression of yours Warm Regardswill no longer count for a posting.

Regards

I tested and it still alright! see the next one.

Current posted count: 1351

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want…[Read more]

[^]

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

Originally posted by muppet:
Hi Chan

If you are coming through at the speed of light, then you should have been there last week and not nearly there next week.[]

Regards

it is the speed of light that I create which mean it is not as fast as you thought it is…lol.

Warm Regards

Chan Dollars
[The bridge between where you are right now & where…[Read more]

Originally posted by spi:
what about landlord’s insurance? is that relevant? how may that be of any advantage?

sang-froid

landlord insurance is the most important insurance if you are a property investor.

I heard that there are no such thing in nz as landlord insurance. Coz I am planning to buy there and now I am bit worry.

Warm Regards

Chan…[Read more]

Originally posted by muppet:
Hi Guys

There is a chatroom at http://www.propertytalk.co.nz
which isn’t too busy, certainly not as busy as the chatroom at Somersoft.

Some of you have accessed the chatroom already.

Regards

Muppet,
Thanks, to be honest propertyinvesting.com is the only website so far that I posted and read most of the time.

I…[Read more]

Originally posted by SlumLord:
Lets stop talking cashflow and start talking rental return. Rent devided by Price of the property. I know there is more to cashflow than that, ie rates, vacany, interest rate on loan, but this at least gives a more subjective starting point.

I have bought houses in VIC in large regional centres with 8% rental…[Read more]

Originally posted by yack:
Bottom line is now is not the time. Maybe 5 years ago was.

I am sick of hearing people and gurus say – you just need to look harder – its your fault if you dont find them.

Remember we are at the height of a property boom. Be patient there will be good opportunities in the future.

Oh- dont forget interest rates may…[Read more]

Originally posted by redwing:
reminds me off..”what do you do if your wife’s staggering around the back yard”??
“Shoot her again”

It’s ok, i’m at work.. i’m safe[:X]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”

I am at home and I keep looking back…lol.

Warm Regards

Chan Dollars
[The bridge…[Read more]

Originally posted by Prop16:
I assume you’ve to do the dishes yourself? []
(like me)[!]

occasionally, but I still survive…lol

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

[^] [^] [^] [^] [^] [^] [^]

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

yes that’s right faster than the speed of light…lol

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

Originally posted by wrappack:
A much easier way (if possible)

i) Stay at home with the oldies
ii) Buy investment property in a place which you would like to live in down the track
iii) IP will probably be neg geared- thus, you will lose a bit of cash, and get a proportion of it back at the end of the fin year
iv) living at home will reduce your…[Read more]

15. No man has ever been shot while doing the dishes.

I like this one the most!

[^] [^] [^] [^] [^] [^] [^]

Warm Regards

Chan Dollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]