Hi Westan,

Good plan, sounds remarkably like ours!!! How are you doing the rehabbing? Are you planning on living there (in the USA) or are you controlling it from NZ?

Xenia

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Westan is absolutely spot on! Why does a buyer’s agent have to be a lisenced real estate agent, the two are completely different. If they are a lisenced agent, wouldn’t that be more of a limitation than a benefit? How can anyone trust that they are not just refering their investor clients to their real estate listings and recieving commissions…[Read more]

Hi Terry

Do the mintgroup have their own accountants? They referred us to MGI.

Xenia

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi Westan,

That is a sad story and a good point about checking out the local market. How long do you think a stigma like that could last before all is well again? We have a friend who picked up a mansion in a very high growth area for a very discounted price because it was “haunted”. This has now been renovated, made to look like a million…[Read more]

Here’s something to think about:

When my second child was born, I left her with my mum at 3 weeks old and went to an all day seminar. Because she was a breastfed baby, I had to take my pump along to the seminar and excuse myself every couple of hours to …. well the mums on this forum can figure it out…

Anyway, during a break, a woman in her…[Read more]

Hi ES,

Great Post!!

Im glad someone addressed this question, I was thinking of putting up a similar post myself. I also have 2 babies (one almost 3 and the other 18 months). I was determined from the day they were born not to let anything stop me and have been fairly successfull in property investing since I have been home with the bubs. I was…[Read more]

Hi Westan,

Sounds like the latest news from Australia also!!!

Cheers

Xenia

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Hi Dave,

In Australia and NZ, I would guess that the structure of choice is a trust not a company. I personally have properties owned in trusts with a company being the trustee for the trust, and myself as director and beneficiary. Everyone is different and what works for me may not work for you, so as Nigel mentioned, getting your own…[Read more]

Hi Ben,

Try not to get too bogged down in analysis, I know people that have been analysing for the past 10 years while everyone else around them is making money. It’s not rocket science, I would start off by looking in the property section of the local paper and doing the maths on individual properties.Some areas have +ve cashlow straight off the…[Read more]

Hi Chang,

Most importantly, you need to determine whether the product/service they are selling can fit into your own wealth creation plan and only you can determine that.

Cheers

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Negative gearing is not for me, I can’t afford the shortfalls, it can work for other people, it depends on your own goals!

What I don’t understand, is why only the first one?????
What was their reasoning for this?

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents…[Read more]

Hi Emma,
try Westan and Alvin Johnson and also Barbara Griffin from this forum. If you email them and ask to be included in their distribution list, you will get lots of properties.

Cheers

Xenia

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone…[Read more]

Hi John,

I am also from SA and own commercial property in Invercargill. We use David Mc Cone from Staples Rodway in Christchurch for accounting. phone 0011 64 3 343 0599. Web is http://www.staplesrodway.com. We have not tried any other accountants but are happy with these ones.

Cheers

Xenia

We buy properties in all conditions. Can offer…[Read more]

Isn’t it funny that when the real estate market is booming, the gurus are worshiped and followed, when the market is flat and it becomes harder to make money, the gurus are slandered. Its all their fault!!!!

Thanks to Neil Jenman????? For what? For raking in the millions by creating and selling controversey while the average mum/dad investor…[Read more]

Good Point!

Although some of us on this forum are not that anonymous.

We buy properties in all conditions. Can offer Immediate Cash Settlements, No Real Estate Agents Required
bricksnscience@optusnet.com.au
phone 0412 437 582

Interesting comments, I think there is alot of difference between someone watching TV as a form of enertainment and escapism (personally I don’t enjoy it, Im too hyperactive to sit still), and someone (the average citizen) watching TV because they think they are going to learn something!!

I just meet way too many people who’s only knowledge comes…[Read more]

Forget Jamie Mc Intire, I don’t agree with his investment strategies and I knew I didn’t from the first 5 minutes of watching one of his videos.

What is ASIC trying to say here, the public are a bunch of uneducated morons who have to be protected from themselves?

I was at a birthday party last night, the cake came out and the host told the 15…[Read more]

Interesting Gatsby!
I agree, it is akin to painting your eyeballs. Infact, there have been scientific studies showing a greater brain activity when people stare at a brick wall than watching TV!

You don’t have to be socially isolated by not watching the crap others watch.
I don’t watch TV ever, but I find that I am not really a social outcast.…[Read more]

Are Gym memberships scams?

Some people will always be fat and unfit no matter what gym they join. Others benefit greatly from gyms or even a personal trainer. Still others are motivated enough on their own to run on the beach etc and have never joined a gym.

A bit of financial education to a keen person can go a long way, but its all about…[Read more]

I’m no expert at this but I think I read somewhere that if they have been in posession of the land for more than 15 years, you cannot do anything, otherwise, you could have a case to get the neighbours to compensate you for the 2m of land they are using.

Have you bought the land yet? If not I would either stay away from this one, or ask for a…[Read more]