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  • Profile photo of NobleoneNobleone
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    @nobleone
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    In the UK winter…”Brass monkey weather”…Which is a shortened version of “It’s cold enough to freeze the balls off a brass monkey”

    1st… Do brass monkeys have balls and are they detachable?

    2nd… What would be the purpose of a brass monkey in any kind of weather?

    Nobleone. [blink]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    HI Westan,

    Recently I looked at a place in Tokoroa and even got to the stage of asking my NZ bank manager if he would do 80% finance on it. Here is part of his reply…

    “I would not recommended that you proceed with the purchase for while the town is on State Highway One that is about all it has going for it. Tokoroa is a mill town is dependent on a paper mill for major employment. Over the years as plants become more computerised staff numbers are reduced and unemployment figures increase. From time to time there are major strikes which sometimes last months with no income so if they are a tenant of your property you have problems. Suggest that you stay right away from Tokoroa even if the land agents advertise the town is on the tourist route (everybody just passes straight through.)”

    Although I have read and heard about lots of happy and sucessful Tok investors it seems my banker does not share the same sentiment.

    Tok investors please don’t shoot the messenger! [ohno2]

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Hi All,

    How good is the Cashflow game?

    My wife and I would love to get it, but the price tag seems a bit too high, while there’s a chance that it’s not that good a game or maybe a game you play once and them it gets stuffed into a cupboard for eternity.

    Thoughts / commments please…

    Cheers, Nobleone. [blink]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Twins Michael… I’m tellin’ ya we’re twins… [biggrin] [withstupid]

    Cheers, Nobleone.[jerry]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    HI Kurra,

    I currently have IP’s in the north island and the solicitor I have used each time is Crichton Parker @ Young Carrington Shera Solicitors – 52 High Street
    HAWERA
    Ph (06) 278 4055
    Fx (06) 278 4934

    Never any problems and always efficient service.

    Cheers, Nobleone.
    [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Well said Michael…

    I think the mods should lock this thread now as it has bugger all to do with investing.

    Nobleone.[biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    I’m confused…

    I didn’t realise that having faith in the teachings of Jesus and being wealthy through good, honest hard work were mutually incompatible and or mutually exclusive…

    Please explain?

    Nobleone. [blink]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Originally posted by Michael Whyte:

    As I said earlier, I’m not a tree-hugging hippy. I’m just a socially responsible leftie who is actively working to bring down the neo-conservative far right governments in power at present, whilst simultaneously working as hard as I can to maximise my personal wealth.

    I see absolutely no conflict of interests here or personal dilemma. I’m working on improving the playing field, but whilst it is an unfair field I will reap the benefits of it.

    Cheers,
    Michael.

    Michael… I am more and more convinced that you and I were twins separated at birth.[withstupid]

    BTW this has been a most interesting thread to follow from both sides of the discission. Let’s have some of it please.

    Cheers, Nobleone.
    [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    Hey Redhaven,

    Try this…

    http://www.multimap.com/index/AS4.htm

    Cheers, Nobleone.

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    Hi Aptam,

    I used this broker for my NZ loands with ANZ…

    Peter Moore, Direct Dial 067590440 email, [email protected]

    No problems getting 80%.

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    Hey Max-Buzz,

    I got my NZ finance with ANZ through this broker…

    Peter Moore, Direct Dial 067590440 email, [email protected]

    No hassles, no problems, easy as…

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Spot-on Spot… Down with the nay sayers! [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    Hey Rob,

    I’m an Aussie with NZ investments through my trust and a PPOR in Oz, but it’s not a part of the trust.

    How can I PM you to talk through my situation?

    Cheers, Nobleone.

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Hi Ozi,

    I’m travelling alone too… I am just looking at the overall cost of daily transport and somewhere to sleep at night… The campervan works out to be the same cost as renting a small car and having to preplan my overnights at back packers… The campervan gives me all the conveniences and the freedom and flexability for the same cost.

    As for going off road I think that even with rental cars they have restrictions about driving on unsealed road too.

    I am going purely for business and don’t really plan to go off road.

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Spouting = Gutters [blink]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Hi All,

    I’m also planning a trip to NZ in April/May and have been doing some online costings.

    Average backpaker stay = $30per night
    Class one car rental approx $40 per day

    2-person RV camper van with shower and toilet $70 per day.

    I reckon the RV camper gives you more freedom and convenience (pun intended) than the first option.

    Any thoughts/comments?

    Cheers Nobleone.

    [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Different country… different scenario… I had one of my IP’s in New Zealand managed by the REA that I bought it from, signed an agreement, which said I had to give 3-months notice… Anyway long story short, after one too many stuff ups I contacted another local PM and told her about the 3-month clause and she said it was not enforcable and all I really needed to give was 1 week so that paperwork could be sorted out.

    In your case there;s no paperwork and no monies owing so I’d say you can just walk in and cancel the agreement there and then and find another PM who can do the job

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    MichaelW,

    All very good questions… A good post… But in addition I would like to say that even if we are aware of all the potential dangers facing us in the future (near or far) we must also acknowledge that history provides us with a great many people who have probably known that their future held many unsettling uncertainties and yet still invested in property and did very nicely thank you.

    I think what I am trying to say is to anyone considering their first IP that they should not be discouraged by potential future problems.

    Does any of this post make sense? [blink]

    Cheers, Nobleone. [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    Hi asarkis,

    Welcome to the forum, Sorry I cant help with info on that company, but one thing you need to look at with investing in retirement property is that some lenders usually only lend around 70%… It’s kind of a niche market.

    Good luck, Nobleone.

    [biggrin]

    “Making mistakes is just another another tool for learning.”

    Profile photo of NobleoneNobleone
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    @nobleone
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    Myoung,

    Bush or Kerry… It makes no difference, as there is no difference between either candidate or party, you’ll get the same result. [baaa]

    The point I was trying show was that the US$ is due to collapse based on real economics.[blink]

    No paranoia. No emotions. No interest in US politics. Just looking at cold hard economic reality.

    Cheers, Nobleone.

    [biggrin]

    “Making mistakes is just another another tool for learning.”

Viewing 20 posts - 61 through 80 (of 127 total)