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Yesterday, 06:50 PM
Twyford was notably the only speaker at the conference to not field questions.
167 replies | 10117 view(s)
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Yesterday, 06:48 PM
I can't share the address but it was a smaller town.
I sold because I wanted to do bigger deals. So a better use for that capital.
About 2...
9 replies | 614 view(s)
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Yesterday, 06:01 PM
One that adds 50-70% more rent.
5 replies | 395 view(s)
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17-10-2018, 11:44 AM
Second property up for renewal, 6% increase. First one was 7% in the end.
43 replies | 2380 view(s)
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17-10-2018, 11:42 AM
Asset prices have gone up as the cost to borrow has gone down. Rents have not kept pace and yields have dropped. Some people still expect a vendor to...
5 replies | 395 view(s)
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17-10-2018, 10:04 AM
Google "stonewood homes liquidation" and have a read. This was all very recent.
The issue I see in ChCh is quite a bit of housing is coming to...
4 replies | 249 view(s)
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17-10-2018, 02:53 AM
Let us know what the accountant advises after you talk to them.
6 replies | 293 view(s)
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14-10-2018, 04:40 PM
Location doesn't really matter, there are some good brokers in this forum. See if you can look up the member "brokerman"
4 replies | 194 view(s)
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14-10-2018, 04:38 PM
In theory they will if they know about it. Perhaps the value of your home has increased since you bought it, or did you purchase recently using...
2 replies | 223 view(s)
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14-10-2018, 04:36 PM
Yes, we were talking about it at the conference.
1 replies | 296 view(s)
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14-10-2018, 04:34 PM
I used to think serial complainers but then I started to help with the facebook group and I learned there's no barrier to negativity.
So... short...
13 replies | 486 view(s)
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13-10-2018, 12:23 AM
Are any sprinklered ?
Keen to know how often they need to be removed and tested ?
12 replies | 525 view(s)
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12-10-2018, 09:54 PM
What area in Auckland are your commercial buildings ?
12 replies | 525 view(s)
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12-10-2018, 12:13 PM
Queue the wellington rental shortage articles in 5...4...
43 replies | 2380 view(s)
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12-10-2018, 11:56 AM
The commercial risk profile hasn't changed:
Higher buy in
Higher vacancy risk
Higher interest rates
Insurance risks
Most commercial...
12 replies | 525 view(s)
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11-10-2018, 08:04 AM
"Memphis" was a dead giveaway. Whenever I see kiwis talking about doing piles of deals in Memphis I figure it was Dean or someone ex-richmastery or...
5205 replies | 790006 view(s)
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09-10-2018, 09:15 PM
Thanks for correcting me, I had thought about 30-35% were managed, can't remember where I heard that tho.
6 replies | 345 view(s)
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09-10-2018, 06:36 PM
Property management fees will go up to compensate for this or they will charge for marketing... but many properties (the majority) are self-managed....
6 replies | 345 view(s)
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04-10-2018, 09:34 AM
The homeowner market in Auckland?
5205 replies | 790006 view(s)
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04-10-2018, 09:33 AM
Hah! Investors don't pay tax. Saw it in the telly.
5 replies | 388 view(s)
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04-10-2018, 09:31 AM
Ask her to take over the debt and then let her do with the property what she wishes.
9 replies | 467 view(s)
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04-10-2018, 09:30 AM
I read about an investor from Tairua with 14 units selling up. $2-3K to insulate, $3-4K for heating is a lot x 14 at the best of times, but there are...
92 replies | 3066 view(s)
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03-10-2018, 09:23 PM
Biggest gripe ...paying the IRD all the income tax :-)
5 replies | 388 view(s)
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03-10-2018, 01:15 AM
Nothing wrong with the landlord owning the land and tenant owning the building ...no I do not charge a bond but the rent is mainly charged 12mths in...
6 replies | 465 view(s)
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01-10-2018, 03:34 PM
That's the turnover factor as well.
Lots of baby boomers selling up.
43 replies | 2380 view(s)
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01-10-2018, 12:41 PM
Well golly gosh
https://www.landlords.co.nz/article/6570/summer-rent-rise-starts-early
43 replies | 2380 view(s)
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01-10-2018, 12:32 PM
Another colleague is having the same issues I had trying to add more dwellings. He's being asked to add carparking for a rental in Kelburn 200m from...
43 replies | 2380 view(s)
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01-10-2018, 12:28 PM
A good friend runs two large Quinovics in Wellington, the ones that don't do stupid advertising. He has said that the number of flats turning over...
43 replies | 2380 view(s)
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01-10-2018, 12:26 PM
Right now at this exact moment I am having a coffee crisis, but I have a plan to remedy the situation.
54 replies | 4099 view(s)
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30-09-2018, 11:34 PM
I don't think you can. You can look at differences in #'s of bonds lodged but many tenants aren't moving because housing is hard so that can be a...
31 replies | 2063 view(s)
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