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Type: Posts; User: Nick G

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  1. Here's the registration link...

    Here's the registration link
  2. Hiya... maybe? Interest rates are very different...

    Hiya... maybe? Interest rates are very different and banks are a lot more aggressive and better equipped to support borrowers than they were entering the GFC. However unlike the GFC entire industry...
  3. Hi mate, give me a shout about your Rotorua...

    Hi mate, give me a shout about your Rotorua place. We sell a lot of investment property in 'vegas. Email nick at ifindproperty dot co dot nz

    I would stay in Auckland and make sure you are an asset...
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    Health and education workers have been instructed...

    Health and education workers have been instructed to prepare for 3 months. Not sure if that is stage 3 or 4. Health workers are affecting some flexibility allowing certain sectors to reopen in a...
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    Yes you should be doing as of year 5 in Japan....

    Yes you should be doing as of year 5 in Japan. There's a lot to it. Anyway, you emailed me so I'll help you sort it.
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    This book was written a couple of years ago and...

    This book was written a couple of years ago and is well worth a read as we start to look ahead to what central governments are going to have to do and what it will mean.

    Big Debt Crises
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    I know about this in a lot of detail. Email me...

    I know about this in a lot of detail. Email me "nick at ifindproperty dot co dot NZ"
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    Good questions to ask. You have to force yourself...

    Good questions to ask. You have to force yourself to do nothing for 2 months :-) Then look around. I exited corporate at 30. Do it.
  9. Interview with APIA breaking down the proposed RTA changes

    Hi all

    Earlier I had a chat with Sarina from APIA about the upcoming bill to amend the Residential Tenancies Act. My conversation is with with Sarina Gibbon, who is the general manager of Auckland...
  10. I'm meeting my MP on Wednesday

    I'm meeting my MP on Wednesday
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    Margin what whatever I could sell it for minus...

    Margin what whatever I could sell it for minus what i paid for it :-) Made a couple of small losses, one large one, mostly profit. Usually 20-30K. Wish I'd kept them all :-)
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    Do you have a property specialist accountant? My...

    Do you have a property specialist accountant? My setup will be different to yours since we do different things. My understanding of ringfencing is it is limited to the portfolio so if you are CF neg...
  13. Hi Caleb, If that property was bought as a...

    Hi Caleb,

    If that property was bought as a buy and hold investment and you were not developing or trading property as a GST taxable activity at the same time as you purchased then BL probably...
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    You can but be careful. I did it a lot in the GFC.

    You can but be careful. I did it a lot in the GFC.
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    I'd do it. Go hard on the mortgage while you are...

    I'd do it. Go hard on the mortgage while you are there. BUY A RENTAL PROPERTY AND NOT A FAMILY HOME :-)
  16. Legally agents have to present all offers. Look...

    Legally agents have to present all offers. Look up the REA Code of Conduct and point out the relative clause.
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    Ask a few. There are letting services.

    Ask a few. There are letting services.
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    I have approval/resources to buy up to $2mil for...

    I have approval/resources to buy up to $2mil for my next adventure. Was thinking of trying to get a site in Auckland, put 6 townhouses on it, sell four and keep the others. I haven't done this yet...
  19. Ask your accountant. Getting correct advice will...

    Ask your accountant. Getting correct advice will cost you one hour's time and potentially save you thousands.
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    https://www.subdivision.net.nz/

    https://www.subdivision.net.nz/
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    Hi mate, flick me an email nick at...

    Hi mate, flick me an email

    nick at ifindproperty dot co dot nz
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    You fall under the bright line for any trade...

    You fall under the bright line for any trade now....

    My first step would be to speak with a broker. You need to understand your borrowing power in different situations (keep, downgrade etc).
    ...
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    Agree. Sock away all the money you can get. Cash...

    Agree. Sock away all the money you can get. Cash is king. Many things helped me get ahead but a biggie was I earned a lot while I was quite young and didn't spend much, so I could invest.
    ...
  24. Interested in the same thing. My remodels of...

    Interested in the same thing. My remodels of older housing have been awesome and I'm now looking for ways to lock down more housing in the 12-18 months it takes to drag a project to completion.
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    Relocate 8 houses on there and hire a builder to...

    Relocate 8 houses on there and hire a builder to go around fixing them up for a few months.
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