26-Sep-2014
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01-Feb-2013
Deal Or No Deal?
A week ago we posted a Deal Or No Deal pop quiz on our Facebook page. Auckland CBD freehold apartment selling at $300,000 with an assessed market rent of $400 p.w. Body corp fee of $2,800 p.a. and rates of 850 p.a. Assume 2 weeks vacancy which is when you will be carrying out major repairs and maintenance (budgeted at $800 p.a.). Fully financed at today's ANZ New Zealand float... read more
22-Nov-2012
Capital Gain Is A Ponzi Scheme Says Kiyosaki
Robert Kiyosaki calls capital gain a Ponzi Scheme Why? Because you are looking for a bigger idiot to buy something off you at a greater price than you had paid for in the first place. "Capital Gains is like this goose that has laid a golden egg and you eat the goose. Why would you eat the goose?" Unlike property traders, investors are in it for the long haul. Increase your cash... read moreRecent Posts
- Personal properties vs chattels
- Ending a fixed-term tenancy to sell
- Landlord held not liable for co-tenants' pets
- How much to increase rent by in response to RTAA 2020
- What's my HHS compliance date?
- Hard for you but su*ks for me
- Cause and consequence are two different things
- Brightline application for 'private transfer' of inherited properties
- Rent increase after substantial work: not a case of $1-in-$1-out
- Kelvin Davidson: It’s been an unprecedented year – the swings and roundabouts of 2020
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