exnzpat buys a rental!

[Bob Kane]

There is an unproven rumour a disaster occurred. I suggest the Mods of PT seek to verify the rumour and if true post the original posts of mine and the other person. Plus a link of newspaper reports etc that verify the rumour.

PT has always been independent and if true I would like the truth revealed with consideration to closing thread several weeks later.

I don't really follow what's going on, Whitt.
I would think it a bit hard for the PT mods to verify any rumour that's going around - are the mods going to fly to the States and check out dead bodies?
Why not post the newspaper links and let us make up our own minds?
Presumably the mods have stepped in to stop litigation of some sort.
Perhaps the mods could make a comment and indicate a timeframe when they expect to report back.

[whitt]

There is an unproven rumour a disaster occurred. I suggest the Mods of PT seek to verify the rumour and if true post the original posts of mine and the other person. Plus a link of newspaper reports etc that verify the rumour.

PT has always been independent and if true I would like the truth revealed with consideration to closing thread several weeks later.

Anyway ExpatNZ last version of analysis software is available for free just email:
[email protected] and you will be sent a copy. Do not ask questions or expect anything from this email just ask for the analysis software and you will be emailed it

[Bluekiwi]

Definitely haunted guys, I had a message that Whitt had just posted on this thread, but when I looked there hasnt been anything thing since 2009.

[Mojo]

This thread is haunted, I swear!! I typed 'nothing' in my post above in CAPS and look at what came out? And my 'shocked' smiley not only didn't 'work', but now looks more like someone sticking his tongue out....

Mwahahahaha

Ha ha! Nice one, 'ghost'!

[drelly]

Hmm Shalodge... I did notice someone newish posting the other day that sounded suspiciously like Expat.

[Shalodge]

oh he is here ... if you know where to look..

[Mojo]

smiley fix

This thread is haunted, I swear!! I typed 'nothing' in my post above in CAPS and look at what came out? And my 'shocked' smiley not only didn't 'work', but now looks more like someone sticking his tongue out....

Mwahahahaha

[Mojo]

fixed smiley

even his blog has shut up shop.
Nothing since the end of june i think.

nothing??

[muppet]

Even his blog has shut up shop.
Nothing since the end of June I think.

[drelly]

He's gone buddy, just like his dog.

I think his dog ate him. Either that or the mods showed mercy and banned him

[Bluekiwi]

I was just reading through the comments and I was interested to know a little bit more about the great buy you made Expat! Sounds like you really got yourself a good deal. How is it getting on? Have you done much work on the property? Have you got tenants in there as yet? I couldn't find a follow-up from your previous post, and was curious to see how things were. Are there still properties going for those kind of prices, or were you lucky to find that one? Would be very interested in learning more.

He's gone buddy, just like his dog.

[devidfox]

I was just reading through the comments and I was interested to know a little bit more about the great buy you made Expat! Sounds like you really got yourself a good deal. How is it getting on? Have you done much work on the property? Have you got tenants in there as yet? I couldn't find a follow-up from your previous post, and was curious to see how things were. Are there still properties going for those kind of prices, or were you lucky to find that one? Would be very interested in learning more.

[devidfox]

The description you mention above is very attracting. Like the post how you managed a home. Specially the sentence you said "Even though the market is down you can still make money from real estate" is so inspiring.

[CanucKiwi]

To avoid hijacking Exnzpat's thread, I've started a new thread to talk about investing in the US...

see "Investing in the US". I'm a "new poster" and as such can't post URLs, so replace the "t=21942" part of your address bar with this to jump there easily:

t=22940
http://www.propertytalk.com/forum/sh...480#post191480

[quest2]

Tell...me...more...tell.....me....more

I would like to know more. This is probably the most important part and most interesting. Dont have much time but yes Id love to further discuss this with you.

Regards

Quest2

Hi Quest (and other curious readers),

I'm actually investing quite heavily in the US myself, and the main thing is that you have to adjust your mindset completely. I started property investing in NZ, then moved to Canada (where I'm originally from), and now I'm investing in the US -- though not living there -- so I've experienced the differences in all three markets.

In very, very brief summary of a much longer post I had just prepared and "timed out" -- yes, it can be done... but unlike *some* may say (...or sell...), it definitely comes down to:
a) local knowledge
b) due diligence
c) having the right connections on the ground
d) having reliable management ability to be able to handle the property

The "sign on the street" foreclosures are not the ones you want. They're overpriced. You can be sure that every property investor within 100 miles of it has looked at it on the day it was listed and turned up their nose for one reason or another.

Might post more on this later if there's any interest. Want to know more -- PM me and we'll talk about starting a new thread to FAQ's.

Michael