Hi all

if you buy right you should always have a buffer if the worst happens, high vacancy rates, rising interest rates etc. i feel save, i take insurance i lock in some fixed rates.
But we need to correct a few point
“Today the RBA changed from an easing to a neutral bias. This means the interest rate trend has changed. Rates are going to go…[Read more]

Hi dennis
try this one
http://www.realenz.co.nz
gives more coverage than even r/e.com.au
regards westan

crashy
i’m off to bed, i’ve got a mate whose a trader got him into property 18 months ago, he bought 4, being a trade by nature not an investor he has sold 3 already has covered his share losses for the past year and some cash left over. I’ll check out that web site again tomorrow, it sounded/looked real Dodgy, perhaps i’ve misjudged it? If it…[Read more]

Crashy
Hih was $8 billion dollar stock. Only become trash after it was revealed how bad it was going, no company is immune AMP trade at over $18 for years and is now worth about $5- , Telstra over 9 (BRW said it would get to $20) now under 5.
Hey dont knock DVT i made 600% on that little gem.
bought IGOO last week i like the look of iGO.
put your…[Read more]

Hi all
looks like everyone is up late tonight, i’ve got to work tommorrow better get to bed soon.
Mini i try to have a good time looks for houses, reward myself. When i went to NZ 4 weeks ago looked for 4 days then holiday for 6. Relazing in the pools at Hanmer springs was one highlight, sitting in 40 degree water with the snow around was…[Read more]

crashy we shouldn’t be up so late
i quickly checked out the site earlier after your first post. couldn’t see anything about 95% finance.
i’m a stockmarket investor also.
as a financial advisor you as well as anyone should know that inexperienced investors should never be gaining 95% finance for the market. I got out of the market (sold all my…[Read more]

Hi giddyup
i’ve played it a few times. a lot of fun and very eductional in the typical Kiyosaki way.
What i wanted to add to the forum was beware, it will reveal a lot about yourself. i’ve got a mate whose never got out of the rat race (played the game 4 times – it’s his game). In real life he is exactly the same loves those dodads.
It’s also…[Read more]

hi guy’s
i’ve got no in principal disagrement with you about sight unseen. But my one and only time of buying sight unseen was a big learning experience. It was a property in Clarendon Vale Tas bought in 1997 for 33k was a good building only 15yrs old, brick, nice views.
But i had nothing but problem tennants one after the other. was pleased to…[Read more]

crashy
where can you get 95% finance on shares?????????

I am a keen stockmarket follower but i’m not as excited about the stockmarket as you. (i’m not all that excited about buying property either at the moment).
But there are Big risks with the market in USA, P/E’s are very high and there is a risk that the market could easily fall 500-1000…[Read more]

recovery
have a great trip and happy hunting.
curtly
thanks for your post, it’s one thing to have cash positive properties but the key to real wealth is adding capital growth. your comments about the local economies is great. but sometimes buying at the bottom can be the key. by luck i bought 2 properties in the latrobe valley in Victoria 6 yrs…[Read more]

Hi crusty
your figures are out of date
Property has outperformed shares according to the most recent figures.
Also i don’t believe you
it is not possible to get 95% finance on shares unless you are offering a house as security and i don’t delieve you about the finance of 5.75% on shares.
if you can you guys have got a great product, but hey they…[Read more]

Hi amitash
most of my deals have been just the way everyone gets them keep ringing agents to find out what they have got. But i have in the last few years had agents who i have purchased with call me with good deals. The problem of agents is they get so many calls from people who are after properties but aren’t really buying. try to work out…[Read more]

Hi mini and all

To add to your comments. The writer says the property returned 14.4% “which is high but not astounding.” Give me 14.5% on an investment anyday. It is outstanding! 10% return would be worth only $240,000 and at 10% in the future wouldn’t be worth $820,000 till about 2017. By this time a 14.4% return would be worth $6.5 million.…[Read more]

Hi Tas

yes that threw me, my guess, i suppose you live at Lane Cove then ? just a guess, looking at the way you structure your sentences and the vocab you use.
westan

Hi Dellas

well done saved $25k that fantastic.
My advise to you
1. spend a lot of time reading and researching. Read a lot of the old posts here, and buy or borrow books on investing in property.
2. learn all you can about Cash positive properties.
3. look only at buying cash positve properties. You may not be able to if you live in Melb or…[Read more]

Hi All

Muppett
thanks for the offer i might take you up on it, i’m bringing my wife also, so it might make it difficult to have two of us?

RodC
Booked the flight last night fly into Auckland on the 21st Sept then get connecting flight to Christchurch. Spend 3 day’s south of Christchurch then fly to Wellington on the 24th. then head north along…[Read more]

Hi Crunchingbadger
welcome to the forum.
Thanks for the tip but Ballarat is 100km from Melbourne. I’m keen to get the book but not that keen[]
Regards westan

Hi demayn
i use Property Manager Pro, it does the job well and is not very expensive about $90, and available at many outlets.
I’ll answer the question to DavidU while i’m here. As an Aussie we pay on Stamp Duty when we purchase in NZ, If you are a NZ resident you pay no CGT, but if you are bringing the money into Australia you have to pay our…[Read more]

AlanaW
the problem with a negative Geared property in a trust is that losses in a trust cannot be transfered to an individual taxpayer (so they can claim it against other income). The only time a nergative geared property is worth being in a trust is if a capital gain is made and you sell.
At least this is my understanding of trusts (i’ve had one…[Read more]

Hi steve and all

boy this book is hard to get. decided not to order it on line and buy it while i was in Ballarat today so i could read it now. Spent an hour going to all the book shops but no success, the book had sold out all over town, with every shop compiling a order list.
Well done steve

westan