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  1. kiwi

    Looking for an investment strategy.

    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...
  2. kiwi

    Buy, reno sell. Put/Call option?

    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...
  3. kiwi

    I'm Buying Up In Invercargil NZ ... Where are you Buying?

    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...
  4. kiwi

    Calling All Lease Option Specialists!!

    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...
  5. kiwi

    A book to avoid

    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...
  6. kiwi

    Frog Leap

    Took me 45 Seconds :eek:
  7. kiwi

    wanna wholesale house in Walls End Newcastle?

    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...
  8. kiwi

    Saving Tips?

    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...
  9. kiwi

    Wrapping - What happens when I notify bank?

    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...
  10. kiwi

    HELP NEEDED - Settlement Transaction gone Wrong!

    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
  11. kiwi

    I'm Buying Up In Invercargil NZ ... Where are you Buying?

    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
  12. kiwi

    Want to renovate but got good tenant

    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...
  13. kiwi

    What to do when you hit the servicability wall?

    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...
  14. kiwi

    IP LOC to pay for reno Kings W/Shop

    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...
  15. kiwi

    My first investment property!

    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
  16. kiwi

    Which way to jump?

    If you really want the house .. offer a good up front option fee and tehn cover thire curren repyment and maintienance (as a last offer adjustment..) this way you do not have to apply to a lender for a loan and you can say youa re still renting ... wihile taking the monthly option fee offfe the...
  17. kiwi

    What would you do with $8k?

    If you were looking at living in Sydney and wnated to get a house ... I have a rent to own on offer.... only $4995 down payment to get you in. http://www.rent2ownaus.com Food for thought, Cheers, Kiwi
  18. kiwi

    I'm Buying Up In Invercargil NZ ... Where are you Buying?

    Hey There Kiwi Investor, Yep things are looking good for mid to long term ... International airport runways to be completed soon ... and good old Tim Shadbolt is using his creative skills again to get in the big 4 airlines with a $0 landing fee strucutre for 12 months .... Sounds good to me ...
  19. kiwi

    My First post - direction needed

    Hi There and welcome :) Here are a few ideas. 1. Form a plan... you need a raod map to work out where you are going and also to see if you are moving toward to further from you goal destination (Whether road or fortune). 2. Then work out what types of strategies you need to get there...
  20. kiwi

    Setting up a Web Address? Some advice please

    Hey There, Go to http://www.godaddy.com They are really cheap and I have been using them for around 5 years and they can do exactly what youa re looking for on the cost effective side . I have never had any downtime with my emails... You can just set up a domain and then a catch all...
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