Recent content by kiwi

Hi There, Gunna Make it, As another alternative you could team up with another investor that needs a money partner (either deposit or servicability-income related). an example of a deal I had fall through my fingers: Recently In the paper In Sydney, I located a four bedroom house being...

Hey there, There ar4e a couple of ways you can do this and get some funds building up along the way. You can do a sandwich lease option and pre-advertise a handyman special before you get a lease option to get a potential handyman buyers list and then charge an option fee or an equity...

Hi Geoff, I am also based in Sydney.... I have a number on NZ loans over there as an Ex pat living in Aussie!.... If you find a broker that can only get you 80% LVR here..... let me know as mune has got me 95% (most brokers will tell you it can't be done)..... It is the old story thought...

THIS IS A QUESTION FOR New Zealand Lesae Option sepcialists. Does anyone have a solicitor they can lend me so as I can get my paperwork for Lease Options in NZ sorted out?.... They would need to have experience with them. Do they use Fixed Term rental acgreements there??? or Licence to...

I read it about 3 months ago (I had some freinds direct send it from USA) ...... finished in 1.5 days..... very easy read . I thought it was not too bad ..... a lot of old stuff in a new cover though.... although I did think it had some good ideas and I have actually put some of them in place...

Took me 45 Seconds :eek:

I have come across a motivated vendor that will take $45K off his 2 year old house in Wlals End Newcastle... Here are my note during my discussion with him ... he will sign up at $380K... Let me know if you want it. Location Walls End only 2 years old! 2 storey with iron roof Blue board...

Heres an Idea - Why not SImulate actually ownign it TODAY? 1. Keep a small money diary with you and write down every transaction you do... so if you go an get $40 cash and then blow it on KFC ... then put is in as you are eating it. Tally up at the end of each week and see where you are...

hey all, Just a note for you.... the Caveat will NOT have any power over the banks Right for control over the Title... basically if the whole thing goes pear shaped and the lender forced a sale and there are no proceeds left for the wrappees financial interest .... TOUGH!... thats the harsh...

Heye There, This was an NZ Transaction. Apparently Real Estate agenst are allowed to release deposit to vendors legal team after contract is deemed "Unconditional" Cheers Kiwi

Anyone buying in Miami? I have a lead from a highly motivated owner occupier that is very very .... keen to get out from under thier property problem financially. Cheers Kiwi

Hey all, You could also offer a temporary reduced rent if you intend on fairly intensive and time consuming upgrades/repairs. This way you can let the tennant know you understand thier needs and respect thier privacy so say something like .... "As we have discussed we are looking to upgrade...

A lot depends on your strategy and whether it is working for you or not.... Typically if you are running a negative gearing strategy you will usually only be able to get 2-3 houses (depending on your servicability, rent, income,expenses) etc If you are running a positive cashflow strategy you...

Why Not! If you have the equity or line credit there... then If hte education is related to your current busienss (which I assume is Investment properties) Then you should be able to get a taxable claim on the expense. Why not give your accountant a quick call and see what the ruling is before...

Congrats on your first eye opener!!!. I really hope it works out for you .... as all the others have mentioned.... *keep focus on your end result... * Keep tabs on your costs (renovation blowouts make or break ya) * Keep us in the loop on the outcome! Cheers Kiwi