Originally posted by nowork:
I would like to know if anybody has any really different property investing strategies? I have posted a new topic in the “help needed” site called “help me retire”, but as yet I haven’t been totally convinced by some of the replies. I want something that isn’t necesarrily the be all end all, but something that I can…[Read more]
Thanks for that. I’d like to add that tax is a consideration here. CGT may apply. Then again, what Costello don’t know, don’t hurt
Thanks Lib’s for making us the highest taxed nation after Iceland.
Originally posted by kempsta:
Iam new to this. Can anyone suggest what to look for in a cash flow + prop. How to work out rental yeilds? what sort of rent would you expect to be getting on a prop say $200 for it to be cash flow + ? can any body give me some simple formulas to use etc
Try buying after the crash has finished, not…[Read more]
Originally posted by foundation:
A few things –
‘The house is in need of major repairs and is structurally not worth the huge costs involved in fixing it doing this – quoted at about $100,000.’
then I doubt that with moving costs, connections, purchase of new land, permits etc,
‘move the old house to a vacant block in a country…[Read more]
Originally posted by Nobleone:
Would you like to possibly add anything negative to your post? [blink]
So nice to see such optimism… Have you by any chance been burned by overseas investing?
Cheers, Nobleone. [biggrin]
“Making mistakes is just another another tool for learning.”
Don’t get me wrong. I am very optimistic.…[Read more]
You’ve missed a couple of payments?
Repayments a bit hard now…. with more % rates on the way?
Sounds ominous. Heed the warning signals or your place will be someone else’s bargain.
Air goes in and out. Blood goes round and round. Any variation is a bad thing
If this rate rise (.25% … whoopee) doesn’t slow things down then there will be another. If that doesn’t work they’ll just keep on tacking on the interest…. either that or the Liberals/ Nationals will actually start to manage the economy for a change instead of riding a bubble.
Bring it on I say. The higher the rates the better.
Originally posted by lister_79:
I would like to know the advantages & disadvantages that arise when investing in a property OS,
Besides the obvious I was wondering if any one has done this and has had problems regarding any hidden pit falls. Or nay hidden costs and charges and how hard it was to find an estate agent that is trustworthy and can…[Read more]
And when looking at the unemployment figures dig a little deeper. Work 3 hours at award (ie slave) rate? You’re employed now. Nice one.
Your tenant is probably living pretty close to the poverty line as it is.
When Argentinia’s economy collapsed tenants stopped paying rent. Those who were kicked out stole the fittings. [buz2]
Basically if rents increase then there will be demand for increase in wages which will lead to somewhere those of us who are heavily geared don’t want to go….. I reckon somewhere around the 10% mark. Bring on the next .25%[specool]
Bring it on. My money is in the bank ready to snap up over extended “investor” property for a song.
If rent…[Read more]
Originally posted by ceec:
I’m new to this game and would appreciate some advice. NZ looks extremely attractive as a country where you can purchase low cost +ive geared properties.
What is the current state of the property market in NZ. Is it booming, static or depressed. I suppose it possibly depends on the region, town etc.?
What does GV mean.…[Read more]
Sorry don’t know how to paste picture here.
Originally posted by Damian and Tam:
I am beginning to think that the recent boom over the last few years has meant that unless rents rise that we will not find any cash flow positive investments here. Am I alone in my thoughts or is it that I am not looking hard enough or in the right locations ? Any help please.
I think bubble is the correct…[Read more]
Originally posted by LizaJane:
I have found a few positive geared houses on the net, but know very little about the towns that they are in. Does anyone have any good websites or infomation pages where I can find out about the towns population and infrastructure etc?
Fortune favours the brave. Go for it. [cap]
Why would my blood ties alter your opinion? Real deal means that he is fair dinkum in his efforts as a consumer advocate.
If your opinion is based on experience with NIEL JENMAN not his agents then I’d consider what you’d have to say. Crucifying the man for the actions of others isn’t very cool. I admire your courage Byronent. That is your full…[Read more]
ha ha ha. I take it you are from Brisbane? I know for a fact that there are some Maori who are VERY keen to have a chat. The words that caught my interest were Respect, teach and a phrase about female parent and copulation. I think they were interested in you.
They want me to convey a message “Te reo maori e mate, te tangata maori e tino kino”.…[Read more]
Originally posted by soum:
i saw this house today which was going for 400K …the land price on it was 320K….the house is more than 40 yrs old….would it be a good idea to buy the place and renovate ? Would it increase the price of the house.
A friend told me the expected life of a house is around 50 yrs so if i buy a house which is more than…[Read more]
Having actually talked to the man I say he is the real deal.
Your call on wether you take him on what you have heard, think you have heard, or wanted to hear him say. Just remember that you may be judged on your standards. Hope you measure up
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