• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Page 3 of 11 FirstFirst 1 2 3 4 5 ... LastLast
Results 21 to 30 of 109
  1. #21
    Join Date
    Dec 2011
    Posts
    795

    Default

    Quote Originally Posted by orion View Post
    Wellington as well as most other places in NZ are a great place to invest - if the yields and good and there is a reasonable size population are there.
    Wellington has the advantage of also being an awesome place to live.
    I lived there for 12 years and started my property investing there. It has great opportunities for investing and I know heaps of very successful investors who have only ever bought in and around Wellington.

    Don't ever be concerned about what prices are doing. Sometimes prices go up, sometimes they go down, and other times they may stay stagnant for many years. Who cares what the reasons are, or what's going to happen next!!

    Make your investing decisions based on 'what is' and what makes sense today, not what you think may or may not happen next year or in 5 years time!
    If you have your rules and a strategy in place that will work no matter what happens in the market - which is 100% out of your control, then you will do well.

    People I know have used various strategies there well, and will continue to work well, and are not reliant on what prices do.
    95% of people on this forum are focused on looking at prices and what they might do, and so many threads are about that. That's not investing and never will be.

    So this is yet another thread that was started being concerned about prices - something outside their control. It gets investors side-tracked and looking at things which really should not and do not matter!
    Well put and apt again Graeme
    Here I am talking Wellington up and not wanting prices to rise
    It is inevitable that they will
    But lower prices and less competition suits me

    Sustainable planned growth good
    Rampant prices bad
    Last edited by Eugene; 11-11-2015 at 09:10 AM. Reason: reversed autocorrect

  2. #22
    Join Date
    Dec 2003
    Location
    Hawkes Bay
    Posts
    1,730

    Default

    Quote Originally Posted by Eugene View Post
    Well put and apt again Graeme
    Here I am talking Wellington up and not wanting prices to rise
    It is inevitable that they will
    But lower prices and less competition suits me

    Sustainable planned growth good
    Rampant prices bad
    Yes I agree, prices are going up heaps here too and I find it all a bit annoying!
    Much better when there aren't multiple offers on everything and you can just negotiate without everyone else trying to buy as well.
    Hopefully it won't last too long though

  3. #23

    Default

    I agree with Graeme's comments that Wellington is a great place to live.
    It's not only a beautiful city it's actually so compact that when I used to work from a serviced office in Featherston Street (CBD) I could walk to almost all of my clients offices.
    Graeme has said time and time again that investing is not about capital gain but the cashflow coming from the tenant in a positively geared property.
    With a P & I mortgage it gives you some residual dollars in the bank plus your tenant is paying down the principle.
    If you are only concerned about capital gain you are not investing but speculating.
    With talk about whether property will go up or down in the future who can tell?
    Maybe prices have slowed but isn't that the nature of property self regulating itself due to supply and demand?
    What I do know is that when the market is at this cycle there's good buying.
    Eugen and Steve have commented on this.

    Steve: Where did you find the listing for the three bedroom stand alone house at such a low price?

  4. #24
    Join Date
    Mar 2010
    Location
    Lower Hutt
    Posts
    374

    Default

    Quote Originally Posted by Phant View Post
    Just wondering if anyone has any information on why Wellington property is lagging so far behind the rest of the country?

    Wellington to me seems like the ideal place for capital growth; land is only in one direction, big companies have a base of operations there and forecasts show that it is still increasing in population (obviously not at Auckland levels, but still growing)

    What am I missing?
    A lot of the economy has their head offices in Auckland and there seems to be a lot of transfers going on at present where companies are shifting their staff up to Auckland or across the ditch. November through to March we call it the 'transfer season'.

    Less people means less demand for housing....
    Fraser Wilkinson
    www.managemyrental.co.nz
    Wellington / Lower Hutt / Upper Hutt / Porirua

  5. #25
    Join Date
    Dec 2011
    Posts
    795

    Default

    Quote Originally Posted by FJW View Post
    A lot of the economy has their head offices in Auckland and there seems to be a lot of transfers going on at present where companies are shifting their staff up to Auckland or across the ditch. November through to March we call it the 'transfer season'.

    Less people means less demand for housing....
    Yes and transfer from Auckland to Sydney
    and from Sydney to Singapore...

  6. #26
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    If you are only concerned about capital gain you are not investing but speculating.
    I don't know why kiwis have this sheeple attitude. Look at any of the worlds top investors and they all without exception factor in yield and growth. It is just patent nonsense to ignore growth in any investment class. What people actually mean is it is dangerous to negatively gear and rely on growth to save you and that is 100% true. But trying to buy the highest growth assets with adequate yield is exactly what top investors do. Buffett, Soros and all the way down the chain. Subscribe to the buy yield and completely ignore growth mantra is driven by poverty mindset not smart investing.

  7. #27
    Join Date
    Dec 2003
    Location
    Hawkes Bay
    Posts
    1,730

    Default

    George Soros invests more in shares etc and Warren Buffett in companies.
    Keep on doing what you have been doing and you will just keep getting the same results.
    It doesn't appear you have actually learnt much at all from being bankrupt, your strategy still seems the same which if you stick to it will eventually get you again.

  8. #28
    Join Date
    Jul 2012
    Location
    Tavua, Fiji
    Posts
    3,347

    Default

    Ah Mr happy returns with personal attacks and ill informed nonsense. What a surprise......

  9. #29
    Join Date
    Jun 2004
    Posts
    10,299

    Default

    My understanding of Mr Buffetts style is to by a good business - one that has good returns.
    A good business will grow and the growth in the value will follow.
    He isn't looking for a quick buck via capital gain.

  10. #30
    Join Date
    Dec 2003
    Location
    Hawkes Bay
    Posts
    1,730

    Default

    Quote Originally Posted by Wayne View Post
    My understanding of Mr Buffetts style is to by a good business - one that has good returns.
    A good business will grow and the growth in the value will follow.
    He isn't looking for a quick buck via capital gain.
    Dean, there is no personal attack, I just say it as I see it. If you interpret it as an attack, then you are the one being a victim about it.
    The successful real estate investors I know in the U.S. who are all a lot more successful than either of us and most likely anyone on this forum, focus on cashflow, i.e. yields and also adding value. Their strategies do not rely on prices increasing, if they did they would have all been wiped out in the GFC which hit the U.S. a lot harder than it hit here. That was when they made the most money.
    People like John Burley, Robert Kiyosaki, Ron Le Grand etc. Also a lot of others I know who are less well known who are doing really well there and use the same strategies.


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Wellington...
    By sheepee in forum Property Investment (NZ)
    Replies: 24
    Last Post: 24-09-2015, 06:38 PM
  2. Hello from Wellington
    By Macker77 in forum Welcome Newbies!
    Replies: 4
    Last Post: 03-07-2014, 06:23 PM
  3. Did anyone in Wellington look at this one?
    By drelly in forum Property Investment (NZ)
    Replies: 14
    Last Post: 22-12-2012, 02:56 AM
  4. Apartments in Wellington
    By imd6662 in forum Property Investment (NZ)
    Replies: 7
    Last Post: 14-04-2011, 12:52 PM
  5. traders wellington?
    By phillip30 in forum General (NZ)
    Replies: 3
    Last Post: 25-05-2009, 11:12 AM
  6. Foreclosure sales stalled by red tape
    By jenny_pt in forum Property Investment (USA)
    Replies: 1
    Last Post: 14-04-2009, 01:27 PM
  7. a stalled housing market?
    By McDuck in forum General (NZ)
    Replies: 22
    Last Post: 25-06-2006, 11:13 PM
  8. Property market 'has stalled'
    By muppet in forum Property Investment (UK)
    Replies: 0
    Last Post: 29-09-2005, 11:28 PM
  9. Options Trading
    By inzvestor in forum Other Investments
    Replies: 6
    Last Post: 26-01-2004, 09:25 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •