In my experience, buying properties in NZ for 'pennies in the dollar' (ie. under 60% of arv) just isn't really an option, although I know of some Auckland apartments which have sold over the last couple of years at a fraction of what they sold for new prior to the global financial meltdown.

I'm not entirely sure what I'm doing blogging right now, as there is something on HBO right now called "Cannibal Cop," but something has been bothering me today as I begin my search for a small portfolio lender in my area.The innovators in finance, some of the great minds of our time have lost the trust of the public for so many different reasons, not the least of which is that, on the whole, they gave up on common sense.Bill Gates wrote an article discussing the globalization of the economy where he pointed out that  (you'll excuse me if I butcher his words through paraphrasing) the third world countries on this planet are often mistakenly thought of as essentially being void of financial activity.

They just magically went from selling for 340k to 590k over night with no real explanation but (people are paying it, so, whatever).I believe in the capitalist system and in supply and demand, and if it was created because less people chose to just stop selling and keep the properties I would understand, but this was all caused by a global pandemic that is still wreaking havoc. 

All the review you do should be based on your buy in, lending program and Global Debt to Income.Let me know if you have any questions.Regards,Joe Scorese

Thats the beauty of the global economy.

The best direct mail lists are: Tax Delinquent List – criteria: 2 years behind, are still the homeownerCode Violation List – no criteriaEquity List – Absentee Owner, Owner Occupied and Global (all) – criteria: over 45 years old owner, last sale date between 1990 and 3 years ago.Inheritance List – USLeadListEvictions – no criteriaYard Sale/Garage Sale List – tenants sell before they moveProbate – Arrest Record List – list of people recently arrestedThese are the lists. 

This is more profit taking than timing the market.If bitcoin ends up being a bubble, it will be on a global scale. 

A few years ago, while still in London, we have been researching global real estate market and looking for an ideal place to move to and invest in.

What if your HELOC is at prime + 3 and prime is next to nothing for years thanks to a global pandemic?

He’s helped implement the valuation of permissible equities for third world alternative investments and helped pioneer the development of a global investment performance standardized (GIPS) composite software for the commercial side of the investment Industry.