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[Don't believe the Hype]

Generally the banks won't question anything until you have a credit event. If you want to continue to borrow you need the financials of your property business to stack up. It may take a change in bank as we found the people we dealt with at the bank couldn't see us as business owners/operators vs....

[Don't believe the Hype]

TSB were doing it but there wasn't much demand... BNZ do a 7 yr rate but discourage it by offering it as a 'full service' loan and pricing it out of existence. I'd take a 7 yr or 10 yr loan if I could get it at a reasonable price....

[Don't believe the Hype]

I found the same thing.

Many people I talk to can't make the transition... at least one I can think of took a leave of absence to give them the opportunity to return to their corporate job if things didn't work out for them....

[Don't believe the Hype]

Total Available: 45

Last update 14/34 rentals were sub $500/wk today 7/45 are sub $500/wk - The median is up at $680/wk with the mode being $700/wk.

Below $300 = None
$301 - $400 = None
$401 - $500 = 7 (2x1br 1x2br 4x3br)
$501 - $600 = 11 (2x2br 8x3br 1x4br)...

[Don't believe the Hype]

can't be true flyer - you didn't create employment for anyone with your non productive asset class. you simply signed the contract of purchase then sat back on your yacht eating caviar and smoking cuban's...

[Don't believe the Hype]

I love the times we live in - it's always someone elses fault. The RE did the wrong thing... why should I pay to fix it.

No reference to the RE said it was residential, i did the wrong thing by not checking properly before I paid for it so I'm stuck with it.

But I do like...

[Don't believe the Hype]

Yep... a lot of them actually. This is a great example of why all the new legislation has been brought in but you can't legislate against shite people who might also own rentals....

[Don't believe the Hype]

one trick ponies... it's a basic formula that takes little real skill but people will pay ten's of $k to be coached to do this very basic thing...

[Don't believe the Hype]

Not to your liking... sorry... maybe we're suffering from a forum feedback crisis or a differing POV crisis...