Hi benson,

I to was disappointed when i read that article but i still haven’t heard Kiyoski’s response( if he has one).

I still find his teachings on financal matters to be excellent. I remember seeing him on lateline a few days before the tech stock busting, his advice to get out straight away saved me $1000’s. And it was rich dad poor dad…[Read more]

Hi Muppet,

Yes congratualations and well done to the girls. It just shows if you keep trying and trying you can win, sometimes it does take 10 years though.

How are the allblacks going?
I’d rather see you guys win than the french.

Bought another house in the SI today for 32k, it was one i looked at four weeks ago.

Westan

Hi dennis

my criteria is the poperty must return $30 to me each week.
that is
Rent
less
interest
rates
water
insurance
agent
balance $30 pw to cover vacancy, repairs, profit to me
Also this would be for a property up to say 60K if it was say 100k i would like 50+ pw.
this is my criteria and as others have said work out your own, what you want to…[Read more]

hi alf

look for Ms elvis she was also after a mentor maybe you can learn/ help each other, i think someone is helping her now.
westan

Hi muppett

forgot to ask who are your ladies netball team playing?

westan

Hi all

mini we will be living in NZ from about the 5 of Jan (that the way it looks at the moment). We might live down at Balclutha (it will be cold).
Yeh Mini your swedish BF does he have a sister? Oh no, how do you delete comments, my wife is coming over to read the latest posts.[]
Spoke to a few agents today from Wairao, they both said Aussie…[Read more]

hI Paul

My Dad was a Minister in the Uniting Church and i remember him telling me about a guy he knew in the 1980’s who was as in the Fairfeild infectous diseases hospital, he was living in a Iron Lung (no sure what they are exactly but i know he could never leave the hospital). He had a hobby of buying and renovating house around Melb. If he…[Read more]

Hi mini

we have mentioned before how it would be good to catch up, You said maybe NZ (on another post)
great idea
how about this
“Air New Zealand’s transtasman fares are tipped to be slashed before the end of the month, prompting predictions of a price war among the increasing number of competing airlines. Airline sources’ estimates vary on…[Read more]

Good posts

how about

the definition of a volunteer is someone who didn’t hear the question properly

westan

Yes Mini i knew you ARE working for tourism NZ[]

Diamond NZ is 2 hrs ahead of us, but about 10 yrs behind[]

westan

hey terry
i don’t think you are right, i believe the trustee can hand over assett to the trust in his capacitee as trusttee. It doesn’t constitute a sale as the property is still in his name. Hence no CGT/stamp duty etc.
A discretionary trust is not a legal entity as is a comnpany, all my properties are in my name but i sign a declaration (just…[Read more]

Hi Gianni

i live Between them at Stawell and own properties in all 3 cities.
Ararat cheapest price is about 65k at the moment rent aroun 110 for this property. ( actually i have a property to sell in Ararat for 60k)
Stawell
cheapest properties about 60k rent for 115pw. (i actually want to sell one here also and another in Oct (after i’ve owned it…[Read more]

hi guy’s

for data on capital growth try Australain Property investor Magazine. available at most newsagents or try http://www.apimagazine.com.au.
Hwd007
i’ve never seen any data on what you are after. But my experience in Victoria and SA is there is no link between capital growth. i can think of some areas that have appreciated by 50-100% in the last…[Read more]

Hi diamond and everyone
Diamond my guests have gone to bed they have to get up at 7.30am to go Property hunting.
jj0007
that’s fantastic 300% in one year and given that it wasn’t an easy year to make a buck on stocks.
Gold – half my share portfolio is in Gold/nickel companies (not really a portfolio more like a manilla folder, not much in it), i…[Read more]

Hi Guy’s

good comments about success. Financial success is way down the list of important things. but it is nice to be able to share some of it and not have to worry as much about how we can pay for things, done that in the past.

Aussierogue in response to your questions
“what happened in 1997 that gave you the courage to buy 10 properties??…[Read more]

Hi i’m a show off heres my story

Finnished studying Theology 7 years ago. My net worth was 25,000 we had sold our home bacause we needed the cash to study. Anyway got a full time job and started buying property. Bought 10 houses in 1997, 4 in Adelaide paid an average $23K for them, 2 in Mowell for $28K each, 1 in Tas, 2 in stawell, 1 ararat.…[Read more]

Diamond
great idea let do it (catch up in NZ) we just need to work the logistics.
regards westan

Me again

forgot one thing
just to clarify shares V property
the recent report by “Atchison Consultants” compares property to other asset classes
this study 15 years from 1987 to 2002
showed the following
Aust shares returned 8.4%
Overseas Shares 8.1%
Residential property 13,6%
Listed property 10.1%
Even ANZ Bank Cheif economist Saul…[Read more]

Hi all

Crashy
I stand corrected.
you are correct you can get 95% finance for shares. Checked it out tonight on the site thanks michael for the directions. would never have found it by myself. I’m getting more info from them. There could be a place for them in my investment strategies, but you have to be cashed up to cover those margin calls. I…[Read more]

Davo
Re Wairoa
It would be worth finding out because the prices are fantastic and there are heaps of them, which in itself is a worry (but then again Morwell and Moe had heaps of properties at 20-30K six years ago today they are 80-90K). see what you guys can find out i’ll ring some agents on Saturday Morning.
regards westan