TPIA Christmas DinnerCome Join the TPIA for our end of year Christmas Dinner at the Treehouse05-12-2014 more >> Guest speaker: Andrew FlemingGuest speaker: Andrew Fleming - Property Investor, Author, Coach and Award Winning Inspirational Speaker. Evening Sponsor: McDonald Realestate - Peter McDonald18-11-2014 more >> Guest speaker: Harvey Dunlop - Commercial Property Owner / DeveloperGuest speaker: Harvey Dunlop - Commercial Property Owner / Developer Evening Sponsor: ITM - Represented by Graeme Moller21-10-2014 more >> When do property investors become property dealers?Guest speaker: Harish Singh from the Inland Revenue Dept, Hamilton. Evening Sponsor: VanBurWray Chartered Accountants Ltd16-09-2014 more >> Gen Y Investor - Real Estate High Achiever - Iron ManGuest Speaker - Lewis Donaldson - Ironman, property investor and sales professional.15-07-2014 more >> Venture Taranaki Trust Chief Executive - Stuart TrundleCome and get a real insight into the way Taranaki is taking shape and what that might mean for your decision making as a property investor in the Region or just to learn more about where we live.17-06-2014 more >> Guest Speaker: Cliff SequeWho is Cliff Seque? He’s a 62 year old Dunedin full-time residential investor and landlord, with 80 self-contained units in his portfolio. He will be guest speaker at the Taranaki Property Investors Association monthly event on Tuesday May 20 in the St Mary’s Peace Hall on Vivian St, starting 7.30 pm. “I’m a long term landlord, for 30 years,†he says. “I started in 1973 by buying a block of three flats that needed upgrading to bring it up to the apartment bylaw standard and still have them. I went on to buy more blocks of flats that required upgrading and stand alone houses at the south end of Dunedin that required modernising and upgrading. In 1992, I started buying in the student campus area and have done so since. â€I look for properties that I can add value to by increasing the rental return. I have a buy and hold philosophy with the belief that only thing you can’t change about a property is its location.†Many landlord experiences are unpleasant; what’s kept him going for so long? “I’ve always had the attitude that if things go wrong, well I put the tenants in there so it’s my own fault. The biggest problem is money. Tenants are not always what they seem, their circumstances change and the landlord suffers.†Cliff is keen for Taranaki people to come to his talk. “I’m prepared to impart a lot of knowledge about buying and managing residential property. I have my own application forms, and my own tenancy agreements. They are very comprehensive. I don’t use the DBH forms, too many holes in them. “I keep a detailed spreadsheet for every property. I have been doing all my own property management up to 12 months ago when I employed my daughter to help. “I can talk about many things, such as how to structure a deal to your best advantage, dealing with banks, dealing with tenants and dealing with insurance. I have gone to a higher insurance excess of $2000 which reduces the premium by about one third and the saving allows me to make about two claims per year. Otherwise, you can virtually never make a claim.†It’s $20 at the door for non-members, but you can get in free if you bring along the guest form in this newsletter signed by a member.20-05-2014 more >> 2010 Landlord of the year - Nancy CaigerNancy Caiger, guest speaker at the Taranaki Property Investors monthly public meeting on Tuesday April 15, owns 24 residential properties, some of them in the USA. She grew up in Singapore and after university began a career in financial markets (foreign exchange, money and bonds) in Singapore and then London. She came to NZ in 1993. “My late husband had cancer and we wanted a less hectic lifestyle. We had been here on holiday and we really liked it. “We had been involved in financial markets and did not originally intend to invest in real estate but we found the tenancy laws here were very conducive to investment. “I started off self-managing, I got my hands dirty painting, cleaning, washing, repairs, sacking tenants, going to tribunal hearings, all of that. “I am always looking for opportunities. “The biggest challenge for a landlord I think is setting your goals, deciding what you want, what you wish to achieve and if you get that right everything will fall into place.†USA investment : “After the global financial crisis and crash in the US property market the opportunities looked very good, with properties selling well below replacement value, and that’s why I started there. “Would I do anything differently with 20/20 hindsight vision? I would have started earlier on the American journey and with more time I may have chosen different centres. There are 50 states and you can’t have a scattergun approach. It also depends on the type of managers you have, some are more hands-on than others. But it’s really no different in terms of distance, to investing in say Invercargill. The issues are the same, except flight time and cost.†Why should people come to hear you? “Well I have really strong property investment experience, I have been successful and what I have achieved speaks for itself. I have spoken to many investor groups over the past year and have had very good feedback.†Nancy Caiger lives in Hamilton and is President of the Waikato PIA. She was the NZ Property Investors Federation Landlord of the Year in 2010. She speaks at St Mary’s Peace Hall, Vivian St, NP, starting 7.30 pm. $20 door charge for non-members. Bring the form from this newsletter, get it signed by a TPIA member and your entry is free. Derek McInnes of Taranaki Competitive Homes is the evening sponsor and warm-up speaker.15-04-2014 more >>
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