[oziMember@oziJoin Date: 2004Post Count: 262]

November 16, 2004 - 12:33 am

Originally posted by yack:

Hope to God you did not buy one that McKnight or Westan have sold.

Yack, what makes you say that?

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 15, 2004 - 6:49 am

Hi smachar,

It depends on many things. Such as:

a) Do you have any equity (i.e. own a home, other investment properties, ..)?
b) how much you wish to spend
c) method of investing

You really need to provide more information. But generally speaking, the more you wish to spend, the more money you will need. Banks will normally lend you 80-90% of the purchase price, excluding closing costs.

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 15, 2004 - 12:54 am

Cremin,

I’d be worried about your health if I were you… hehhe i like your way of thinking though! Anyone considering drinking a bottle of whiskey a week for the next 40 years (if they live that long) might need to invest the money they save on other things, such as:

* New Kidneys
* New Liver
* Life support machine? LOL

I’m just being silly here!

But I know of a way you can save even more than what you are already doing. How about not drinking? $7/week = $364/yr = $14,560 over 40 years

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 13, 2004 - 12:03 pm

Hi Mini,

That’s a great post! You’ve inspired me

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 13, 2004 - 8:28 am

Hi Tridean,

If you are in a position to purchase the property, why not do that and then wrap it back to the lady? It sounds like a perfect win-win situation.

Regards,
Ozy

[oziMember@oziJoin Date: 2004Post Count: 262]

November 11, 2004 - 4:16 am

No matter what laws are introduced to prevent spamming, I think it will always be an issue with email. Unfortunately, back when the internet and email were introduced, developers just assumed that everyone would use the service sensibly and not maliciously… boy were they wrong!!!

I think that some day in the future, email will be a thing of the past… new and improved technologies will one day supersede email.

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 10, 2004 - 2:00 am

Hi Matt,

I purchased this resource last week. It’s great and well worth the money! It is not outdated. It contains templates for assessing property, tenants, etc…

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 10, 2004 - 1:15 am

Hi yack,

I am a “new” invester Currently have 0 deals to my name, looking to expand my portfolio LOL!

I believe you have some valid points. We should all be cautious and invest wisely, but I am not going to let that deter me from taking the plunge. I think there is always a good deal out there somewhere, regardless of the market conditions. We just need to be mindful of the risks and do our best to mitigate them.

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 8, 2004 - 7:45 am

Hey George,

Sorry to wake this post from the dead But I agree with you! I think it would be a great resource to all investors looking into NZ!!

I guess it’s up to Steve though…

Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 7, 2004 - 11:31 pm

Hi Leila,

There are several Mortgage Brokers on the forum – I’d search through the forums, I’m sure you’ll find a few.

I had a chat to Steven (username ‘Mobile Mortgage’ on the forum) on the weekend. He seems very knowledgable and was quite helpful. He mentioned ‘trusts’ and said it wasn’t a problem for finance. He is in Victoria.

I’d speak to a few different ones though, as different people have different opinions, expertise, etc…

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 5, 2004 - 5:08 am

Thanks for the replies. I appreciate the help!

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 5, 2004 - 2:58 am

Thanks for the replies.

Originally posted by calvin@thirty4:

Nothing really good or bad to say – it is a credit card BUT Virgin buy their credit from Challenge (Westpac Banking Corp) who we left for Virgin (funny enough) and their internet statements are allways late!

I have spoken to a friend about this and he says that most credit cards are like this. He claims that it’s not normally the banks fault for the delayed listing of purchases, as it is normally the stores where you purchase from who are late in sending the transactions to the banks.

I think i’ll go for the Virgin mastercard… Heck it’s free and i’m pretty good at managing my cashflow, so I shouldn’t have to worry about interest. Also, the rewards may be a bonus, but I’m not too fussed about them as most of the rewards offered by credit cards are useless I believe and are normally paid for indirectly some way or another.

If anyone else has comments about the Virgin mastercard, I’d like to hear your opinions.

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 4, 2004 - 4:38 am

I’m no expert on inner city appartments, but from what I’ve heard, they aren’t a good investment. I’d work out all the numbers and do your due diligence prior so you know exactly what you are getting yourself into.

As Steve has said in the past… when demand is greater than supply, prices go up… when supply is greater than demand, prices go down. If you ask me, the later applies to Melbourne at the moment. I’d read through Steve’s old newsletters (he has mentioned inner city apartments many times) and also do a search on the forums for “inner city appartments”. I’m sure you’ll find lots of info (both pros and cons).

Regards,
Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 4, 2004 - 4:30 am

Originally posted by gramyre:

remember procrastination is like masturbation, you are only F$%@ing yourself

[thumbsupanim] Hahahah! That’s a quality quote!!!!

[oziMember@oziJoin Date: 2004Post Count: 262]

November 3, 2004 - 7:39 am

There have been JavaScript errors on all pages of this site the past couple of days. It appears to have been fixed now. I guess that may have been the problem.

Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 2, 2004 - 9:01 am

I second that! Thanks for the warning Westan!

Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

November 1, 2004 - 7:36 am

Is there a way of cheating?

My hand-eye coordination is a little out of whack today! LOL!

[oziMember@oziJoin Date: 2004Post Count: 262]

October 29, 2004 - 5:35 am

Hi markk,

I’m one of the 23 year olds just starting out. Sorry I can’t help with advice on Commercial property, but I can tell you one thing: it’s never to too late (or early) to start out. As they say… better late than never

Good luck!

Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

October 28, 2004 - 6:09 am

Jaffasoft,

Being a Software developer myself, I can appreciate the amount of work put into the calculator

It’s a great resource!! Thanks for making it available freely.

Ozi

[oziMember@oziJoin Date: 2004Post Count: 262]

October 27, 2004 - 11:29 pm

Thanks again Steven – much appreciated.

ozi