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Its quite an exciting time to be an Auckland property investing really.
With the Unitary plan, the NZ economy and immigration turning, and low interest rates.
Plenty of opportunities out there at...

Actually I said the wrong thing, what I meant to say was "Kindergarten". Full Govt one.

The new site would look north east out over the area that the kids play.
Just happened to visit council...

Any rules on north shore about this, any restrictions, as next to a playground is a house I am looking at that could be subdivided.
But I wonder if there are additional rules on this at all, just...

Wish your Avatar would sit still :)

Well I finally got my CCC Davo, so at least thats dead and buried.

Run a mile.
Always better to be a little bit more experienced before make your first mistake.


Unless its your own home and you want to live in it, till you die.
But even then, there is a lot...

The council and government seem oblivious to what really needs to be done.
I have 2 properties that I would gladly sell off a subdivided portion for a developer to build a house on, and make a...

I am glad to say I was a member of the save the park society.
Having lived most of my life looking out accross the green fields and gone to Long Bay College.
At least i feel better that the...

If there is some sort of a crash in price, which I very much doubt, there is still real demand for houses to live in, there is real "Non-supply" of housing.
And the marginal cost to build a new...

Yep there are good and bad mortgage brokers.
I am sure you will get some recomendations on here.

Mike Kingston from Mike Pero is very good, and I use him.
But there is also Kris Pedersen he is...

I was just puttng in a bit of a sly dig as there was a bit of banter tween Sean and Steve at the Auckland seminar.
I think Sean comes accrss very good on stage, I have read his book, watched him...

Yep I listened to it, and I must admit I am quite fond of those Webinar's.
But I missed the first part, and I dont think they covered this.
They never got passed Zero rating, which I must admit I...

Brokerman who would you recoment to have your PPOR with.
I am sticking with the 1 bank for my own house, and rentals spread around the others.

I was advised and ended up with ASB as the bank for...

Once they decide the plan.
Say its september this year, or a date in the future.
Is it pretty much set in stone, and for some reason, they then wait the 3 years for it to apply.

Or in that 3...

I really need to get to grips with this Unitary Plan, you just cant read the overall stuff, its in the detail where it counts.

I thought that "Mixed Housing" all through out auckland, meant you...

I was looking at land to buy in June, that is to be zoned for appartments.
There is one house on it that is a do - up.
The new zone says you can build 30m2 appartments and go up 3 stories.

The...

Structure is the key NI.
I assume you have financed up to 80% of all your new RV's.
And have the balance sitting as a line of credit in a nice fact R/C account.

If you have access to 500k to...

Its like the pefect storm.
And on the demand side, the ausie economy is tanking, the 50k of people going to ausie each year is going to turn very quickly soon.

On the supply side we have the joke...

The biggest block to building these new houses.
Is the council's favourite hobby of crucifying anyone stupid enough to attempt it.
I just dont see this being overcome.

I think prices will rise to the marginal cost to build, which its not there yet, that is the boom.
Then rise above that as people fight for the new houses and current stock, this will cause the...

Supply Side - they cant build them fast enough / marginal cost to build is high.

Demand Side - immigration is turning positive / asian demand.

This market has legs, I am confident in saying the...

Thanks for interpreting what is actually going on with council and government.
As i read all this stuff in the papers, but I have no idea what each of them are really trying to do.
You have summed...

Oooops, always forget to keep quiet on that secret about me being the next Dr Who.

Would you belived 2010 ?? and some fat fingered typing :)

Okay hands up I have signed a S&P on a car bonnett outside a property.
But that was about 2019.

Bought it to reno and flip.
Made 30k.

(wish I had kept it now)

Good on you Steve.
And congratulations on Sundays auckland event, was very good.
I think yours is the better operation, shame your not doing Auckland instead of Sean.
But I am sure he will learn...

No its just we dont take the time to read the details of your posts lefty :)

But I call him "Weekend at Bernies", they wheel him out, then trolly him back in, I reckon he is Ollys puttet and its...