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Type: Posts; User: Stevegoodey

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  1. Replies
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    It's been an interesting market over the last 12...

    It's been an interesting market over the last 12 months.

    Initially there was a small boom in values, then that tapered off slightly into a market of more sustained solid value.

    Basically good...
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    1,232

    Wellington Homes out of reach?

    I was asked to write a reply to the Stuff article that "Wellington homes are now even further out of reach for first home buyers."


    I go to around 2200 open homes a year.

    On average you could...
  3. Also consider that parts of boulcott are zoned...

    Also consider that parts of boulcott are zoned for the less desirable Naenae college zone.
  4. I'd be tempted to not word it as a vendor funding...

    I'd be tempted to not word it as a vendor funding deal at all but rather set it up as a "Late Settlement".

    This should be able to be done as a clause in the back of the agreement.
    This way you...
  5. It sold for $1,020,000 which was around a 5%...

    It sold for $1,020,000 which was around a 5% gross return.

    5/6 bidders.
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    2,652

    Meanwhile I'm building in Wellington 2 bedrooms...

    Meanwhile I'm building in Wellington 2 bedrooms for $525k renting at $850 per week.

    Have sold 52 of them.
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    10,938

    I don't mean to come across like I'm marketing...

    I don't mean to come across like I'm marketing and stuff but I'm actually running a webinar tonight covering this issue.

    Check out the Property Tutors Facebook page for a free login, it starts at...
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    1,670

    So she shafted the tax payer for about 100k plus...

    So she shafted the tax payer for about 100k plus at least 4 x agents fees and they gave her a $7500 fine?
  9. Thread: Break fees

    by Stevegoodey
    Replies
    7
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    1,429

    Great minds..

    Great minds..
  10. Thread: Break fees

    by Stevegoodey
    Replies
    7
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    1,429

    Here's what you do. Sell the house your...

    Here's what you do.

    Sell the house your disposing of but don't break the mortgage (keep it).

    Tell the bank that you will keep the existing mortgage and deposit all the funds with them in term...
  11. Replies
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    17,122

    To be fair and I know this is gunna sound bad but...

    To be fair and I know this is gunna sound bad but I really don't look for deals any more.

    Enough people just bring deals to me, 99% of which I throw back.
  12. Replies
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    17,122

    Pretoria street property in central Lower Hutt...

    Pretoria street property in central Lower Hutt sold at auction today.
    Needs full 100k reno with new everything, roof, wiring ect

    Sold for $560k which is $150k over GV.
  13. Replies
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    17,122

    Offered on it 3 times when it was with a previous...

    Offered on it 3 times when it was with a previous agent and its just changed agencies this week.
    The new agent has got the price down and brought it to my attention as she knows its my sort of...
  14. Replies
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    17,122

    Saw a house for sale today. Stand alone 3...

    Saw a house for sale today.

    Stand alone 3 bedroom, no garage no real section.
    15 Minutes drive to downtown Wellington.

    Could be bought for $135,000, repayments interest only at 4.5% would be...
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    1,587

    You possibly want to look at the profile of the...

    You possibly want to look at the profile of the windows, thickness of the current cladding system and type of flashings the property has.

    Often you will need to ease the windows because their...
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    3,996

    I'm not a fan of Wainui, its got a shrinking...

    I'm not a fan of Wainui, its got a shrinking population and even in a good boom its value's don't lift that much.
    Plus a good bargain house their is so cheap that even a small occupancy or...
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    3,996

    I've had some success in Kowhai as long as its...

    I've had some success in Kowhai as long as its not between the cemetery and the terrace, the Rimu street ends actually not bad.

    I've also got houses on Strand and the quality of house and tenant...
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    Hi icyly, I'm a big fan of Naenae, I own there...

    Hi icyly,

    I'm a big fan of Naenae, I own there and have been into most of the houses for sale there in the last 8/10 years.

    Holmes grove is quite a challenge given most people in the street...
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    Tony say's look South. ...

    Tony say's look South.

    http://www.stuff.co.nz/business/71353453/Economist-gives-Wellington-vote-of-confidence-best-long-term-value-in-NZ
  20. Thread: Cars

    by Stevegoodey
    Replies
    15
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    2,759

    I do love my cars as a hobby but my everyday cars...

    I do love my cars as a hobby but my everyday cars are just that.

    I'm driving a 2015 Holden Colorado 4 door Ute, its got a 3.5tonne towing compactly and is comfortable enough round town.
    It's...
  21. You also have to look at if the repairs add any...

    You also have to look at if the repairs add any aditional actual value to the property.

    Sometimes they constitute a like for like repair but often the repairs are required maintenance that could...
  22. Replies
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    Haters gunna hate. Rons a nice guy and a very...

    Haters gunna hate.

    Rons a nice guy and a very astute property investor.

    More success to him, hes worked for it.
  23. Replies
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    My thoughts.. My local market in Lower Hutt...

    My thoughts..

    My local market in Lower Hutt usually has 500 properties for sale in Winter and 700 in summer (ish).
    At the moment we are well into the annual spring lift in property numbers and...
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    What you have to remember with the body corporate...

    What you have to remember with the body corporate is that it is in effect a Committee made up of owners.
    Often you will find that they are administered by a Body Corporate or property management...
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    I know a little about both apartments in...

    I know a little about both apartments in Wellington generally and about some of the individual buildings.

    I'm happy to try and answer any questions from my experience and knowledge, fire away.
    ...
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