Thank you for your response Michael. It reads like sound advice. What does that mean for rural PI here? How does one avoid -ve CF investing in a major city? My idea of on selling in short period is to try and generate +ve CF then reinvest. That is a multiplication by division approach to wealth creation through IP’s. However you’re…[Read more]
Well all the discourse on Aussies investing in NZ property on the forum. That is, positive cashflow properties in the poorer socio economic towns of NZ. The towns that sound like the Ballart of old that the Administrator wrote about in his first book. They say no CG tax and no stamp duty and potentially an extinct phenomemon so get in…[Read more]
Hello fellow PI’s
Thank you for rapid response. Plane is for quick exit stratergies using industry contacts for efficient reno’s. Ideally quick turn over and move to the next. Approach is local and potential
for several project. Not sure just trying to get something started. Thoughts?