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Type: Posts; User: Bluekiwi
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If you were speaking to this person in November last year it was probably me.
Yes of course if you have enough equity to get a large fat RC account then you dont need a bank do you.
But if you...
Are you implying CD that the impact of general deflation is higher interest rates ?
If we go into a deflationary environment would interest rates be low to stimulate growth as they are trying in...
We are a country of immigrants, on the far side of the world, and more and more the far side of the world in peace and harmony away from the modern age of terror, is increasingly where people want to...
I heard 2 interesting things, which if only 10% right are still strong pointers.
One from a friend and one from an agent.
Chinese person bought 70 houses in Auckland all at asking price.
Yep no matter what I tell my wife about global financial risks and the warning bells of deflation she is still always going to want that next pair of shiny shoes because they are 50% off and she is...
Have been looking a few houses of late that would really benefit from a massive deck being put in.
But these are decks that are going to be quite high up and obviously going to need permit's and are...
Sham does kind of annoy me, a bit, I have given him a bit of stick on property talk and people have got upset with me, but so what I might as well say what I said again to be devils advocate....
Yep Kris Pedersen and his team, or else Mike Kingston at Mike Pero.
What location are you talking about, if North Shore in Auckland I know 2 that are very good, depending on which end of the market your property is.
How you sell it depends on house and location as...
Poeple have lost a lot of money over a squggly line.
At least with property you have some control over your investment.
I dithered over this for a while.
My accountant said it was good value and I had been told by someone this kind of insurance is worthwhile.
I think for an investor with 1 to 4 rentals probably...
I was part way replying when I just realised why I dont ever reply to ducky here :)
Buy something in Ranui like I did and spend your weekends and evenings renovating it and selling it for me, and move closer to where you want to be over time.
Do the hard yards.
Its called supply and demand 101.
If you have a 500k CV on a rat infested dump next to a transformer and motorway it will sell less than CV.
As the demand is not going to be high.
If you have...
I would definitely get a builder in to view an older house like this.
Re insurance I would use an Insurance Broker like ILG to ensure you get the right insurance for the job, plus...
Okay a couple of concepts I would like to throw in:
1. Rates - I looked down there once, I seem to remember nutty rates bills like 3k or 4k for silly little houses.
2. Prices arent going...
Yeah I sort of picked that up from a few experts that changes in zoning can even catch out home owners who sell after a change.
Everyone wants to minimise tax.
But if you need to pay it then so be...
I am getting into it at the moment, if I can make it work, then I will quit office job some time mid next year.
Did one in Sep and one in November, first one lost about 2k, second one made 50k pre...
Auckland property prices rise.......
Interest rates stay low....
Immigration surges to never before seen levels...
Property prices in Auckland rise more.
Okay that post is a bit old, early 2013.
I had not done any trading since 2010, but I wanted to make sure my accounts showed that I had officially stopped trading, I only did 2 anyway.
As I was...
Christchurch is flat apart from the new bumps of late, so nice large house very close to hospitals or tertiarty education works there, and wellington also.
But Auckland is so spread out and full...
Yeah I am on the same mailing list and binned it when I saw it was RBR.
I would ay that fixed term agreement is out the window done its dash wouldnt you.
And this agreement is up for renegotiation by the looks of it.
Just another option possibly.