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Mapua Properties

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25.01.2022 Cheep and cheerful properties, with the right fundamentals got me to where I am today I've never owned a blue chip property or developed a multi-unit site. You don't need to buy into expensive multi-million dollar developments if you don't want to...even though your ego might be screaming at you that you SHOULD buy one of these bad boys! One of my recent land subdivisions cost $200k all up total development cost including the land. I put in $70k of my own cash and am realising a profit of $80k before tax. Very low risk, very low effort, stress free and I can run multiple of these along side each other. Don't feel like you can't afford to get into the game and definitely don't get yourself into financial strife to be a property investor or developer when you don't need to. Happy safe investing!

25.01.2022 Learning and sharing with property investor friends old and new in Napier NZ.

25.01.2022 Our second dwelling in NZ is taking shape. It's looking fantastic, unlike my bank account! Development is expensive and it's a long time before you see any profit, so you really need to do your numbers and have a financial buffer in place.

25.01.2022 Updated photos of our new build in NZ. Still waiting for a decision from Council on subdivision.

24.01.2022 Straight into 2021 with another major reno. Hoping the Vic border will open up soon . So many exit strategy options with this Bendigo project

23.01.2022 Tidying up the garden at our new build, reno and subdivide project. Almost ready for marketing photos on Monday. The existing house goes on the market next week subject to title.

23.01.2022 Our latest ugly duckling! This one's in regional Victoria, Aus. Approx 1000msq subdivision and build, reno and sell existing property. Watch for updates

22.01.2022 Update on our second dwelling build and subdivision in NZ. The roof is on! Heading over next week to inspect and start renovating the existing house ready for sale. Cost to subdivide would be about $70k. Now considering trying to sell this as home and income on one title. Cost of new build so far $220k. Existing house was bought for $390k. ARV of existing should be approximately $500k after some internal paint and cleaning. New build value around $450k. Main house should rent about $430 pw and new build $380pw.

22.01.2022 I've just sold this little place in Georgia, US for $100kusd. I bought it about 2 years ago for $60kusd. Bought for cashflow it was renting for $1,000 USD p/m. Last year I cashed out $50k from the equity in it from the market rise to buy a house outright in Detroit (which rents for $850usd p/m but room to improve). Mainly sold this property because it's going to need maintenance spending before very long. With the funds from this sale I'm paying down some debt and reinvesting into the US to make these profits work harder .

22.01.2022 US Cashflow Property! 8840 Chamberlain Street, Detroit *Beautiful Colonial Multi-Family Property* *5 bed 2 bath* Seller's Asking Price : $65,900 USD ... (MLS Listed property) Rent : $1,150 pm This property features 3,484 sq ft lot and 2,434 sq ft of living space. A multi-family property in Mexican-town area. This brick 2-story property has many features from the beautiful original wood work trim throughout, with refreshed hardwood floors. Property has nice living room, dining room, kitchen, dining room, balcony porch area, full basement and spacious fenced yard. Message me for details.

22.01.2022 Selling up my cute little two unit block in Hastings NZ. Bought four years ago for $130,000nzd each! Renting for $310pw & $320pw, they're still a great buy for investors. https://www.oneroof.co.nz/158a-chatham-road-flaxmere-hastin https://www.oneroof.co.nz/158b-chatham-road-flaxmere-hastin

21.01.2022 Quoted from Keith Cunningham.

21.01.2022 This is a short video of the first stage of our current renovation project. We hope it inspires you

20.01.2022 'A winner is just a loser who tried one more time.' George M. Moore Jr.

20.01.2022 https://www.oneroof.co.nz/news/37577

18.01.2022 How many of these qualities do you have? https://www.embracepossibility.com//qualities-highly-succ/

18.01.2022 As a property developer or budding property developer you need a core team. Do you know who you need on board to successfully complete a development? It seems daunting at the beginning to know where to start, but there are key people who you will need that will help you to transform your block of land (once you find it) into a profitable development. One of your team, involved from the early stages is an architect. So do you know how to select an architect, what question...s to ask them, what to look for? One of the development projects that I have at the moment is a block of land that I've secured in Victoria in Australia. It's a corner block with a house at the front and a three car garage on the other side. I did due diligence on this block prior to buying it and assessed that I can make a profit from building a second dwelling from the three bay garage and subdividing the land. The first people that I am employing to help with this project are an architect and a town planner. See more

17.01.2022 Success is nothing more than a few simple disciplines, practiced every day. Jim RohnSuccess is nothing more than a few simple disciplines, practiced every day. Jim Rohn

17.01.2022 We recently completed a reno on this property including painting inside and out, new carpets, new bathroom, cleaned roof and new curtains. We achieved a rent increase of $20pw. Rent is now $500pw.

17.01.2022 If you don't plant your seeds in the spring don't expect a harvest in the fall.If you don't plant your seeds in the spring don't expect a harvest in the fall.

16.01.2022 Struggling to get builders, town planners, architects to answer the phone in Victoria. Land sales are moving. Looks like this stimulus is doing something. All I can do is keep being patient and trying to keep those developments moving forward https://www.google.com/amp/s/amp.abc.net.au/article/12317786

16.01.2022 Just sold this property for $335k. Bought 4 years ago for $170k and rented throughout for $380pw to perfect tenants. This was an unrenovated property needing some work and sold to a FTHB That's the power of property investing. On to the next deals!

15.01.2022 I thought I'd share with you what I'm doing with US property investment at the moment. A couple of years back I bought two properties in Atlanta. One bought for $65k USD and the other at $80k USD. The market had already started to rise there, but they were still fantastic buys, you just can't get that combination of price point, yield and quality of property here. One was rented at $1050US and the other at $1095US. That is an AWESOME yield! They jumped $30k USD each in growth... quickly and I cashed out to buy a third property at $65k Fast forward two years, I sold two of them to buy into other deals. Both sold to another investor within an hour of me advertising them! One sold for $100kUSD and other for $105k. The market in Atlanta no longer represents great buying for investors in general, so I've moved to the Detoit market. I'll be posting more about what I've been buying and the incredible opportunities there soon. The pics are the Atlanta properties I've just sold . . If your considering investing in a safe, high yielding overseas market PM or comment below for more information about the Detroit market.

15.01.2022 When I bought these four properties about five years ago I knew they were a safe investment. Bought in smaller cities, and in the first home buyer price range. The rents covered the mortgages and there was still cashflow left over each month. Fast forward a few years I've sold them this month with a $570,000 profit before tax. This is how ordinary, working people can set themselves up very well for retirement. You don't need a big budget, you just need to have (or get) good money habits (savings for deposits) and most importantly you need the will to do it.

14.01.2022 It's Friday! Is there aything you want to do to set yourself up for next year? If there is, start this weekend! Really you should. About 10 months ago I bought this block of land in Vic, Australia. I never saw the land, just information on realestate.com.au. A bit of paperwork, a few phone calls, some extra money needed for a town planner, surveyor, the power company and a couple of other contractors (I employ a lot of people)... but not alot of money spent, if you have a ...job you can easily save for this over the year. Fast forward about 10 months my one block of land is now subdivided into two. Instead of one family buying it, two families have an opportunity to buy land. The two blocks are more affordable and need less maintenance than when it was one big section. The blocks are due to go to market soon. If I did a good job, and provided something that people need I get paid. If not, I have my own two blocks of land to play with! Let's see what happens! The life of a property developer . Update coming soon.

13.01.2022 I asked if people were finding Principles useful in guiding them through this time and I was so glad that a large number of folks said they were. Over the next ...few weeks, I’d like to pass along some of the principles that people said they were finding most helpful. For the most part, life gives you so many decisions to make and so many opportunities to recover from your mistakes that, if you handle them well, you can have a terric life. Of course, sometimes there are major inuences on the quality of our lives that come from things beyond our controlthe circumstances we are born into, accidents and illnesses, and so forthbut for the most part even the worst circumstances can be made better with the right approach. For example, a friend of mine dove into a swimming pool, hit his head, and became a quadriplegic. But he approached his situation well and became as happy as anybody else, because there are many paths to happiness. My point is simply this: Whatever circumstances life brings you, you will be more likely to succeed and nd happiness if you take responsibility for making your decisions well instead of complaining about things being beyond your control. Psychologists call this having an internal locus of control, and studies consistently show that people who have it outperform those who don’t. So don’t worry about whether you like your situation or not. Life doesn’t give a damn about what you like. It’s up to you to connect what you want with what you need to do to get it and then nd the courage to carry it through. #principleoftheday

13.01.2022 No playing in the sun today, just camping in an empty house, sanding and painting. Delayed gratification, saving hard, playing hard. Financial freedom through smart property investing

13.01.2022 *AVAILABLE NOW* 22773 Pleasant Ave, Eastpointe MI 48021 $69,900USD- RENT $950USD Beautiful and Clean Brick Property in Eastpointe Location 3 bed 1.5 bath... Seller's Asking Price : $69,900 USD (MLS Listed property - so negotiable within reason) Expected Rent : $900-950 pm Note this property is in Eastpointe where the Comparable Sales are much higher. (comps below) Kindly note, 22791 Pleasant Ave that sold for 130K & 22404 Pleasant Ave that sold for 159,900 in the recent past. All inside the Qtr mile radius and on the same street. Hence it is a Good deal, and have our stamp of approval. This property features 5,663 sq ft lot and 1,285 sq ft of living space. This property is located near 9 Mile and Gratiot. Natural fireplace in living room, wood floors throughout, unfinished basement, enclosed porch out back, two-car detached garage and fenced yard. Brick Bungalow home Superb street appeal Nice and very well cared neighborhood Zip - 48021 Construction Materials: Brick Built in 1928 but very well-maintained Property has a porch area and fireplace 2 detached garage space Foundation Materials: Block Plenty of Upside potential as this property market climbs to pre-GFC levels Size: 1,285 sqft Lot Size: 5,663 sqft Roof is made of asphalt Heating is forced air

12.01.2022 We accepted an offer today on our second block of this pretty one into two land subdivision. Titles are due for release and we're ready to start producing more of these affordable lifestyle blocks to meet strong demand.

12.01.2022 All you need to do is take one step towards your goal every day. Keep moving forward.

11.01.2022 https://m.youtube.com/watch?feature=youtu.be&v=nn-bd20zoU4

11.01.2022 https://www.success.com/7-ways-to-persist-when-everything-/

11.01.2022 More progress on our NZ build. Hooray insulated walls

09.01.2022 Okay, so we're back in wonderful New Zealand again to work on our portfolio here. Assessing what we have and how we can use it to keep moving forward. I'm also going to be posting about different strategies we use, with live examples to show you exactly what you can do to build your wealth using property in gorgeous New Zealand! PS I might also keep jumping across the water to update you on what we're doing in Australia and the US to keep you on your toes and prove that you can do this wherever you are! Do whatever you want but DO SOMETHING or else you stay where you are

09.01.2022 Interest comment from Tony Alexander: "There is a certain moralistic view which many analysts have of the housing market. It goes along the lines that people who make money from rising house prices are not as worthy as those who make money from working 40 hours a week, and one day they will get their comeuppance through house prices going back to where they were in some imagined glory days. This moralistic view I have seen cloud the judgement of many people over the past thre...e and a half decades when I have been back in New Zealand. It means that whenever something comes along which is negative for the economy and will produce reduced confidence, slower growth, and higher unemployment, these people predict substantial price declines. But such forecasts have been wrong every single time they have been made." https://www.squirrel.co.nz//the-pessimists-have-been-wrong

09.01.2022 We received a good cash offer for this property today (private sale) before completion and before even listing it on the market. There's only one other two bed property for sale in the area and it's in a retirement village. Look for the demand in your area, find a way to meet it and everybody wins!

09.01.2022 https://theurbandeveloper.com//regional-property-price-gro

09.01.2022 For sale. Solid investment property in Napier NZ. Fully renovated, painted inside and out, new carpet, curtains throughout. New cooker, renovated bathroom with new bath. Great tenant and PM in place. Rented at $500pw.. Selling to release funds for another project. PM for information.

08.01.2022 Detroit Investment News! **$300 million Innovation Centre announced by the University of Michigan** New York City real estate mogul Stephen Ross and Detroit entrepreneur Dan Gilbert are teaming to build a $300 million University of Michigan graduate school campus at the one-time site of Wayne County's jail project in a development billed as transformative for the east side of downtown....Continue reading

06.01.2022 Bought this piece of dirt and have some big plans! Watch this space

06.01.2022 Just locked in our first post Lockdown properties, both off market and both will be fix & flips. 1) 2 bed unit with huge backyard $400k purchase 2) 2 X 3 bedroom houses on 1 title $300k purchase ... Interesting times as they say the devil is in the detail the legal & building team will be performing due diligence with a fine tooth comb to make sure all aspects are legally covered and this flip pops out gold within 90 days or less. Both inked yesterday 23 May More to come

05.01.2022 The weekend is here! How many open homes are you going to this weekend? Time to check up on what's happening in your local market

05.01.2022 Some investors say it's important to have some blue chip property in your portfolio, or to buy within 10ks of the CBD. I'm renovating a 2 bed unit,(block of 2) in regional New Zealand that I bought 2 years ago. I bought the units for $130k each NZD. Similar units are now selling for $250k. The units are rented for $310 & $320pw. What are your thoughts about the growth and yield of my units? What have you bought over the last few years? What net yield did you get? What i...ncrease in equity have you achieved? Have my results changed your views about how to invest in property? Message me for a free property investing coaching session.

05.01.2022 Our latest Detroit property is available for rent

04.01.2022 The start of a major reno, subdivide and build. Corner block in Bendigo. We found newspapers from 1920 under the carpet

04.01.2022 Still an essential read. https://m.youtube.com/watch?feature=share&v=YZHBxpAFmLw

04.01.2022 The good, the bad and the ugly! Update on my land subdivision in Vic, Australia. We're now eight months into a technically very straightforward (except for discovery of native flora on site) subdivision of one block of land into two. The project involves taking one very large and expensive block and proposing to cut it lengthways to make two more manageable, affordable blocks with direct road access and with services on the land. What could possibly go wrong? ... Well the local council advertises all planning applications for two weeks. I rang the Council Planner today at the end of our advertising period and we have one objection! I cannot imagine what grounds anyone can have for this but I'll talk to our designated planner and find out. In any case, this means more delays and more costs. We're not building a skyscraper here, but splitting a huge block of land that may be too expensive and too overwhelming for many to manage into two large, but more affordable and manageable blocks of land. This is just one of the many trials of property development. We have to just hang on in there though and keep pushing forward. I'll let you know where this goes next...

04.01.2022 Do you or someone you know have a block of land or a back yard that could be subdivided or developed? Lacking the money or expertise to do it yourself? Partner with an experienced , proven property developer to subdivide your land (you could stay in your home and get a cash lump sum selling your backyard). You bring the land, I'll bring the skill and the money to develop. Win win! PM me to discuss your options, no obligation.

03.01.2022 Watch out for my upcoming developments targeting Melbournite tree changers. https://www.pressreader.com//hera/20200606/281694027006877

03.01.2022 Just started a reno today in Napier, NZ. Bought 4 years ago for $210,000. Rented for $460pw. Needs new paint, carpet, curtains plus kitchen and bathroom update. Post reno photos and numbers will be posted when it's sold

03.01.2022 An update on our NZ new build. Sorry the video is so wobbly. Not sure if a software update has caused this trying to fix it! In the meantime I hope it doesn't give you motion sickness

02.01.2022 Are you looking at starting or growing your investment property portfolio but don't know where to buy? Are you put off by low rental yields in New Zealand, or concerned about slow future value growth? I've been investing in New Zealand, Australia and the UK for almost 20 years. Over the last few years I've also been investing in the US. I buy where I see double digit yields in good quality family friendly suburbs, close to infrastructure and where I can see price growth a...lready starting to happen. I started my US investment journey in Atlanta, where I enjoyed very good rental yields and growth. Now I've moved by focus to Detroit. I love the feel of the city, and couldn't miss the opportunity to jump into a market with an approximate $35,000USD entry point and gross rental yields around 16-20%. I'm going to share my journey and the properties that I've bought. In the meantime, if you're interested in hearing more about investing in Detroit pm me for information.

02.01.2022 Friday 7th August formal council approval came through to subdivide these lots. Now I can apply for separate titles and market them. My awesome REA and conveyancer worked hard to get the s32s (s&p agreements) drawn up and out in a day. So exciting There are no guarantees in life or business, but let's see what the decision one year ago to buy and subdivide this block of land brings Update coming and more Friday inspiration

02.01.2022 NZ new build project. The storm water drainage is in and gib fitted. The new build is really taking shape. Subdivision application is on its way in to Council.

02.01.2022 https://www.smh.com.au//stamp-duty-paused-for-nsw-first-ho