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This is 2022. Time Flies. How are you Sam? Just saw my last post was in 2017, 5 years have since gone. On the property arena, I am building 2 duplexes (4 houses) on a property I acquired in 2012. The land costs are all paid off and I recently sold off a property, the fund is to be used for...

This is January 2017. I thought i will update some information on this forum. 1) My son is now near 7 years old since i wrote the thread in 2011, he was just 1 year old. Time flies. He is now in state school near where we stay, it is a good school and he seems to mix well and enjoy himself. I...

Hi Sam, Time flies, I first wrote in your forum before I moved to Auckland, that was in 2004. 1) I need to have a career that I enjoy, I realised now it is not so much of income, but sense of purpose and belonging. I will like to devote 2-3 hours a week, using my skills to do community...

since my last post, that was February 2015.... I left my Sale job. 1) Auckland properties continue to soar, beyond belief and imagination. A humble suburd in glenfield north shore, full site property is now worth more than a million. 2) I went for some trainings on my previous profession...

On reflection since my last post :- 1) Auckland property had soar since my last post, and seeing my portfolio value increased to near 5 million. 2) Career wise, I started in selling and was humbled in many ways. - At least, I learnt about humility and change of mind set, If I want to make...

hey, which part of Auckland are you in? ---------------------

hey, which park of Auckland are you ?

If I can think of something I am good at would be property... so will probably expand ( be it sales or otherwsise) in this area to get started. Hey Sam, over years you have mellowing down ( remembering the good old days in the other forum), life in Auckland must be treating you well ...

_____________________________ Rental income is enough for living and is passive and do not require a lot of attention, only when needed. On the face of it, I am asset rich but not with high cash flow. I still see work ( be it self employed or otherwise) is necessary to challenge one's mind...

UP DATE : Since my first post 2011.... few things had happened in the last 3 years.. Career wide, still no progress but that drive me to do something rather different..... 1) I sold my family house in 2012 and used the money to buy 2 houses in cheaper suburds in north shore. 2) I used my...

May be still living in colonial mentality between master and servant kind of mind set. ___________________________ QUOTE=Ash007;851100]Singaporean have low self-esteem.

_______________________________________________________ Good analysis, you miss out indian / pakistanis / sri langkan ?

Just because it is the landlord market does not mean I will get good tenants. It just mean that I get more liars who promise the world. Also, Australia is one of those places where the laws favor the tenants over the landlord. ____________________________________________ It is also true that...

People move in / out for all kind of reasons. Some people use AKL as a transitional place for somewhere else, it has became a norm. I will try not to be judgmental as people circumstances change over the years and they re-arrange their priorities. Just like selling houses, people sell to...

The family house i am staying may be too costly to maintain in the long run.... when the time is right, i will put it on the market and use the proceeds to buy 2 more investment property if we are heading back to asia. Still sticking to my investment rules. my simple calculation is in 5-8 yrs...

there are some rules i set for myself when invest in investment property. Those rules probably mean that i won't get high return for my rents but probably will give me higher capital gain in the long run ( no capital gain tax in nz). 1) not buying unit/ cross leased / apartment property. if can...

hi axe168, Glad to hear you are doing so well in aust. One thing that is hanging in my head is my parents, i want to spend more time with them before it is too late... and to let them spend more time with their grandson too.

At the mement i manage the properties myself. i am selective with my tenants as rental market is tight in AKL. Do the lawn myself in a way to show my present and keeping an eye on the tenants. I prefer to use fixed term tenancy for 6 months initially and renewable if tenant is good. i...