Negative gearing ~ The fat lady sings
ByOK so I promise I won’t go on about it for a while, but I wanted to finish off our discussions on negative gearing and holding property. And you need to get this. The next 6 months will determine your financial future for the next ten years so I want to keep getting into your heads, for your sakes!!
As I have been saying ad nauseum you can afford to hold property if you learn to think. And you need to be holding lots of property so you can sell some off in the next boom.
Ben sent me a spreadsheet calculator that enables one to establish what the actual costs are of holding a property with all expenses factored in.
So on my Papatoetoe example the numbers are far better than my initial calculations indicated. I could have paid full retail for the property and in 5 years I am still laughing.
So can I encourgae you one last time to do whatever it takes to be able to own at least 6 to 10 properties over the next 4 years.
This is one of those times in history where you will forever kick yourself if you don’t take some action now.
This IS one of those times when the property market is transmitting the future for the next 5 to 10 years and inviting us to take advantage of it.
Please don’t join the crowd that says ” Oooooh interest rates are too high, I’ll wait for the slump and the return of cashflow”. IT IS NOT GOING TO HAPPEN!!
Take a deep breath and come on in, the water is fine.
PS: The demand for a repeat of our trading workshop has been so great that we are exploring dates and venues to run the workshop in Wellington and Christchurch, (we will be emailing all previous attendees with an opportunity to join us again at reduced rates 
): AND we will be running Behind Closed Doors in Auckland, Wellington and Christchurch. Dates will be available soon!!
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