[TokyoJoeMember@tokyojoeJoin Date: 2005Post Count: 60]

January 25, 2005 - 3:06 pm

Here’s an on-line listing of local newspapers which I found on propertytalk:

http://www.stuff.co.nz/nz_newspapers.html

My online investing diary: http://retireyoungandwealthy.blogspot.com/

[TokyoJoeMember@tokyojoeJoin Date: 2005Post Count: 60]

January 23, 2005 - 5:57 am

I am planning to use Lloyds, NAB or ANZ. They all offer loans for overseas properties. I have contacted MasterAccountants and so far they have been helpful. I just need to find a good property!

My online investing diary: http://retireyoungandwealthy.blogspot.com/

[TokyoJoeMember@tokyojoeJoin Date: 2005Post Count: 60]

January 22, 2005 - 7:32 am

Thanks for your comments. I have been doing more research in the last couple of weeks and slowly building up more information and gathering more contacts. I will apply for finance so at least when I come across a good deal I will have this ready.

If I get any good increase in equity I will probably sell and pay back the loan. A yen loan of 1.7% sounds great but the potential foreign exchange losses (and gains) is fairly risky.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

[TokyoJoeMember@tokyojoeJoin Date: 2005Post Count: 60]

January 17, 2005 - 1:00 pm

Are you factoring in the body corp and rates to make this cash flow +ve? In some areas I have seen the rates are not much lower than a house. You could also increase rent if you put in some furniture to make it attractive to students.

My online investing diary: http://retireyoungandwealthy.blogspot.com/