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Type: Posts; User: Bluekiwi
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Thanks very much for posting Ron, very good to hear updates on where you think the market is going.
"Property accountant and chartered accountant" is not the same thing, you need an expert in property.
Ross is, Thorn Accounting is, GRA, Withers Tsang.
Intention in your own mind is not enough,...
Wheeled him out again with his rose tinted sun glasses.
You cant even see his lips move but the same message comes out.
Backing up what Ross has said, property is a wonderful vehicle that can achieve many things.
But first you have to have a goal or objective that you want property to achieve for you.
Riddle out all the things that affect both the supply and demand for property.
Constantly monitor where the market is at.
Or else just read Tony Alexander's report each week.
I note from 2003...
In the 70's when my parents put this into our house.
My mum couldnt cook so she bought fish and chips and dropped on the ground amidst all the dust and we had a feed.
I like to think that eating...
I reckon gib is going to be more expensive myself but happy to be proven otherwise as I have a 230m2 house full of it, to do on 5/9.
BTW my sample tested positive and they took only a day to do...
Because property requires hands management and time of the individual owner with specific and detailed actions and decisions specific to each property.
Its not an asses class that they are able to...
I will be seeking proper financial advice from property accountants.
But first port of call, is to get a good idea of what set up I need from a finance / bank perspective.
The goal of the JV.
Sounds brilliant, I will email you.
Maybe in a week or so, in the middle of buying 2 houses at moment :)
You get tainted when you buy a rental while you are actively engaged in the business of property trading.
But to make it easie for yourself you would close the trading entity down, cancel your gst...
Reno it cosmetically for a tenant.
But have a go at selling it and see if you can realise 50k.
As the RV that was done, could be 60k higher again after spending 20k on it.
Then you gonna have...
Okay lets put some detail into it:
Set up Joint Venture company (Limited Liability or LTC I have no idea) that is GST reg.
That JV entity takes up a 200k RC say, using my JV partners home as...
Yeah well no one really knows do they, and those who might know certainly are not going to tell you.
Its money and investment mostly so I would be thinking 70% of the 80% is investors, but the...
It wont look the same if you stain.
Last six months from experience in the market trying to buy auckland property, attending lots of auctions and putting in offers, and buying 2 houses.
I would estimate:
60% chinese (NZ or...
Well I am a member of APIA, not from it, but I know you value my opinion so I will leap into the breach.
I have no idea what that means, its gibberish to me, people and investors all buy for...
They dont, think outside the square lefty.
They abolish all housing support in auckland and christchurch.
If these people want housing assistance, then they "Choose" to go somewhere less...
Sending 30,000 people from Auckland to the far north is a heck of a lot more cheaper than building 10,000 homes in Auckland.
Where is your social responsibility Leftette.
Thats a 7 Billion...
Okay we have painted 2 houses in the last year, that were Cedar.
Good luck staining new wood and having it match existing.
Test it first, even doing 1 or 2 or 3 coats we couldnt get it to...
I guess thats related to Financial Armageddon !!
More people coming here to escape the woes of the world.
Yes I admit it was arogant, guess what, I dont care.
But true arogance is naming towns as zombie towns in the newspaper and effectively condemning people in those towns who have jobs and own...
Despite being a far left loopy loop exstremist, and the only Cunliff supporter left in NZ :)
Leftette is right.
Contrary to common belief, it is actually cheaper if you have a "Good Property...
Hence my comment about living in it, and taking in flat mates.
You need a strategy that deals with making equity gains, and taking care of cash flow (keeping solvent).
But the over 65 dole que...