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Type: Posts; User: Striver14

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  1. Replies
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    Hi Gary, thanks for your reply. Yes I found out...

    Hi Gary, thanks for your reply. Yes I found out that not all valuers are approved by my bankers but I can choose my own valuer. I just have to check back with my bankers if they are approved or not....
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    Hi Maccachic, thanks for your advice. You are...

    Hi Maccachic, thanks for your advice. You are right that real estate agents may give one a high price for your property, but I have been searching for properties for quite sometime now and I can find...
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    Valuations Help

    Hi everyone, I bought a residential property in South Auckland about 1 1/2 years ago. It is a 3 Brm house with a large fully fenced section (over 1200 sq m), subdividable and is currently rented out...
  4. I think under no circumstances should you serve...

    I think under no circumstances should you serve them a notice under the tenancy act. That would be admitting they are tenants. They are not. They are squatters. Ring the tenancy hotline and take...
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    Is this the same Rob Young who advertises with ZB...

    Is this the same Rob Young who advertises with ZB Talk on Danny Watson.

    He is advertising for 9 apartments for 241,000 each with parking somewhere between Remuera and Ellersie? I've rung them...
  6. New rule requiring Akld property owners to seek iwi approval

    Auckland Council is introducing a new rule requiring Auckland property owners to seek iwi approval to work on sites of cultural and heritage value to Maori. This will cause huge unnecessary delays...
  7. New rule requiring Auckland property owners to seek iwi approval

    Hey all, Auckland Council is introducing a new rule requiring Auckland property owners to seek iwi approval to work on sites of cultural and heritage value to Maori. This will cause huge unnecessary...
  8. Hi yeah I had a look at it right now. The council...

    Hi yeah I had a look at it right now. The council has a viewer which gives the summary of the property you are interested in. Then there are the rules for subdividing in the Mixed Housing Urban or...
  9. Hi Orkibi, doing a quick search for houses in...

    Hi Orkibi, doing a quick search for houses in west auckland from Barfoot and Thompson

    Average price of a 3 brm house in Glen Eden, Glendene, Henderson, Kelston, Massey, New Lynn in Sept last year...
  10. Hi Guys, sorry for the late reply, I was working...

    Hi Guys, sorry for the late reply, I was working on my property (planting some veggies) and other things.
    Bluekiwi, It seems you are not a do it up yourselfer :lol:. But you have got good sense -...
  11. Hi Pegasus, thanks for your reply. I like that -...

    Hi Pegasus, thanks for your reply. I like that - 'a deal of a lifetime comes around about once a week'. Good deals keep coming, but great deals like mine are infrequent today. They were not a year or...
  12. Hi Pegasus, Thanks for your reply. Your analysis...

    Hi Pegasus, Thanks for your reply. Your analysis about trading is about the best I've seen. Makes perfect sense to me. Also your suggestion about lowering the rent as an incentive for the tenants to...
  13. Hi Pegasus. thanks for your reply. Its funny that...

    Hi Pegasus. thanks for your reply. Its funny that you mentioned subdividing. The property I bought has a huge section, over 1200 sq m with a 3 bedroom house in the middle. I can build 2 3-brm houses...
  14. No I havent. Thanks for that tip. I'm having a...

    No I havent. Thanks for that tip. I'm having a look at their site now. Will ring them. Many thanks
  15. Thanks for that. For the moment I will just be...

    Thanks for that. For the moment I will just be looking observing and reading. I'm happy with what I've got and will only try for something more if and when the conditions are right and if some friend...
  16. Hi Thanks for your advice. I only just saw your...

    Hi Thanks for your advice. I only just saw your post. It is impossible to get a 7.78% yield anywhere in Auckland today. I've searched and the very best is around 6% and those are few and far between....
  17. donthatetheplayer - My circumstances are...

    donthatetheplayer - My circumstances are different to yours. I didnt have that much capital to start with, but here's the thing - my total mortgage payments are around $410 per fortnight and my rent,...
  18. Yes I think that sounds risky. Doesnt go with his...

    Yes I think that sounds risky. Doesnt go with his first bit of advice. Slow and steady, buy and hold. You may not be able to that if you are stretched thin and rates go up and values down.
    Do you...
  19. Build a portfolio of property safely - as fast as...

    Build a portfolio of property safely - as fast as can safely be done. I think I may have to wait a few months to see where the market is going.
  20. I would if I were buying another investment...

    I would if I were buying another investment property. Trouble is I've looked at properties now. None are giving the return I'm getting on the property I bought. (In Auckland). More like around 5% and...
  21. Yes I could access the equity, but then I will...

    Yes I could access the equity, but then I will have a mortgage to pay. At the moment my investment is paying for itself and then some. The only way I could do it would be to buy and sell in a hurry...
  22. Or they strike it lucky in a trade or two?

    Or they strike it lucky in a trade or two?
  23. Trading

    Orion I have been reading your article and posts with interest. (As well as the very informative replies and conversations). It is obvious that merely buying property for investing is not going to...
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