Well Kay,

I’m possibly being a little bit elitist or esoteric in my views and my opinions – sorry if I am!

The All Blacks have just lost to the Wallabies so I need to sedate myself with more alcohol and convince my wife that profanity is part of the normal act of losing – she should know this given that she is a kiwi herself!

Mind…[Read more]

Hi Mini,

Not about wining the debate but rather about sharing the opinions and generating enough wealth to support our desires and goals in life.

I don’t think for one second that the ‘average joe’ would frequent this site, and believe that those who post show the deeper desire to grow and achieve financial independence.

I believe that…[Read more]

Originally posted by MiniMogul:
> Whilst I’m pleased that you picked up a good deal and there are still many
> more to be had, I’d be careful and ensure that you do your DD

Okay…

Whilst it didn’t come across the way that I intended it was more of a general comment for forum members.
Originally posted by MiniMogul:
> as I have several mate…[Read more]

Originally posted by MiniMogul:

It is in NZ and 30k from a major regional town of 44000 where the property managers managed it from, as well as other properties in the small town

It is a few Ks from the sea

By that description I’d say that your major town is Wanganui and Palmy Nth is your Int’l airport. As a side note it might not be classed…[Read more]

Thanks Derek

Exactly the information that I was looking for.

Much appreicated… Squash

Some think that this life is a rehearsal but I’m telling you that it’s the show baby!

There’s no business like show business…

i could help with you with comparing melbourne to wellington as i’ve lived in both cities for over 30 years in total… if that helps?

Some think that this life is a rehearsal but I’m telling you that it’s the show baby!

There’s no business like show business…

Hi all,

something that you might be interested in…

http://nbr.infometrics.co.nz/column.php?id=928

these guys now their stuff as I had some dealings with them back in NZ in 98/99. I’m not a doomsdayer … but we don’t want to be Lemmings now do we?

Later…
Squash..

Agree with you guys ,westan, pepper and oscar about focusing on what you can control, doing the necessary due diligence and putting a fudge factor element into your calculations for contingency.

If, however, we’re going to talk world politics and do a bit of crystal ball gazing then here are my thoughts.

US will continue to struggle to gain…[Read more]

Hi Kay, firstly thank you for the welcome.

I didn’t take Monopoly’s comments personally and I think that sometimes its good to hear stories from the trenches – like a reality slap as after all this is not Monopoly (sorry no pun intended) money we’re playing with. It’s important to hear these different points of views and sometimes, as I am ofte…[Read more]

No drama’s Jo, I’ve got rather thick skin so I didn’t take it personally. I’m not shy of having an opinion [reminds me of what my mama use to say: opinions are like a*seholes, everyone got one and most of them stink ].

I guess that’s the benefit of having a forum where individuals with an interest in PI can share ideas, thoughts an…[Read more]

Fare enough Monopoly, I respect your view as I’ve never had such a situation occur to me and hope it never does. I can only imagine that it would be extremely painful to experience.

I guess that’s the beauty of the world that we all have different views and opinions for different reasons.

My final take on this is that the tenant is a vital e…[Read more]

my $0.02 worth

I work in IT and consult to c-level management and often hear our clients and prospects complain that we fail to listen to their needs and foster partnerships. Whilst I’m new to property investing I will be utilising a number of disciplines and lessons I’ve learnt in my investment diversification adventure.

My main claim to…[Read more]

hi all,

just got the word that my offer has been accepted. First IP – woo-hoo!

Later..

Hi all,

I have crunched all the numbers and it came out +ve and as such have placed a first and final offer with 30 days settlement subject to finance.

Hope this is a winning bid, but if not, then I walk away and its back to looking

Everything that I have looked at in this town is doesn’t work, so maybe to NZ I go???

Thanks to all who…[Read more]

Thanks Yack,

I should have mentioned that I have been doing my DD and am not going to make an offer unless I can get out of it.

Subject to finance is not an issue as the bank has already given me pre-approval and the building is brand new and has a 7 year warranty. That said, I guess it would still be best practice to get a building inspection…[Read more]