I made a successful bid in the auction of the property. However, the price is over budgeted around $22,000. One of the competitors was aggressive to higher the price.

I have been writing my new book since the end of July. I finished the chapter one which insisting not resisting your government in investing property. The book will be published in November this year. I am completing the rough draft of the book by the end of August. This book contains around 6 chapters how to build up the wealth in our life.

I have written the next month essay report for ’満室経営新聞’(Full rental rooms news). My essay is focusing on the sky rocketed prices of Property in Auckland. It may be a inappropriate period for investing Auckland property because of the prices and policy of the governments or the Central Bank.

My broker gave me the information of the property auction yesterday. I skipped the auction because of the property building. The final price of the Auction was $452,000. It would be the moderate pricing for the property. I am going to take part in another auction next Saturday which property is similar to the property above. I would like to win around $450,000. for the auction.

I tried to find a investment property. I did not conclude the agreement between Seller and myself because of the pricing. The property has a trouble on LIM and asbestos. My agent asked the owner a discount. They refused our offer. I am going to find another project.