How to invest my time and money?
To begin this I will give some background, I am in the fortunate position to have enough in my kiwi saver and in personal savings account to be able to apply for the full amount of a Kainga Ora first home grant in Christchurch city ($500,000 on 5% deposit)....
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First home grant - Quality investment in CHCH?
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LL Absent from NZ For 22 Days or More
Have any forumites been through the process described?
16A Landlord must have agent if out of New Zealand for longer than 21 consecutive days
What a bloody nausea!
Interpretation
agent, in relation to any person who is a landlord or a tenant, means an agent... -
trade me preventing re-use of rental listing ad
trade me contacted me recently to say that they had determined i was reusing my rental listing to find new tenants and that this wasnt allowed. ive asked them to explain/verify what rules im breaking - obviously im not that keen on having to pay $200/300 every time i have to find a new tenant but trade... -
Anyone knows any Americans who own a rental in NZ?
I am asking on behalf of my American friends. They migrated to NZ and bought a house. Now they are un-migrating and moving back to the States but they want to keep their house and rent it out.
What's the best structure to rent out their house? The only 2 I could think of was keep in personal... -
Anyone familiar with where to and where not to look on Waiheke?
Im gathering closer to the Ferry the better so clearly Oneroa would be the main attraction?
What about the tamaka side at the likes of Orapiu?
I grew up looking at Waiheke thinking how rough it must be to live out there, now there $10k bach's are asking $700k+ haha. Looking... -
Starting the co-ownership conversation
Partner and I are considering our options in terms of home ownership
Our personalities are similar and our incomes - we will also be able to go 50/50 on the deposit
I'm very budget/investment orientated
He's a little more fast and loose but also into investing
So as much as... -
Ring Fencing Basics and Eleven Examples
Ring Fencing Basics and Eleven Examples
As many of you will know, Ring Fencing comes in from 1/4/19. This basically means that you cannot offset residential property losses against other income.
What does this really mean for a lot of property investors? If...Last edited by donna; 09-12-2019, 05:25 PM. -
New Article - Why We Do What We Do
Why We Do What We Do (November 2019).
A little over 6 months ago, Katrina said to me “I know what I’m going to do next”. It took her three days to tell me, as she wanted it to be the right time.
She finally sat down with me and said “I’m going to organise a property... -
Is there any city of 100k plus pop with high yields?
The market is so overcooked it could be decades before properrties become high yielding ROI.
Unless you want to take a risk on sub 100k towns with little employment.
One down turn and unemployment will be significantly higher than any 100k pop city with jobs, which is taught... -
Another land title Q, Houses listed on Unit Titles?
Ok another similar to cross lease.
What is the deal here. Coming across a lot of Houses with land and clear delineated fenced areas, with 2 Homes on 1 title which is designated as Unit?
What are a persons rights in that situation?
I think RE agents are either flappn... -
New rental rules and fixed term tenancy question
Hi with the new rental rules, is it possible to rent a property for say 9 months and 9 months only, and take it back for 3 months over the summer, and rinse repeat?
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Confused by NZ cross lease. Help needed, please.
Possibly a silly question which I should know the answer, but being use to Aussie land, Im a bit confused if I have it right or not.
Im viewing properties that are stand alone, with a back yard, yet they are cross lease.
I thought cross lease meant its shared land that you... -
Flipping houses - how to get finance?
Hi AllI have been considering flipping houses. I have a carpenters background, and think I could do it quite well. But I have a question...
Lets say I found the perfect house for renovation...I then quit my job to do it up. But how on earth do you get a mortgage to do it up and sell it... -
How much depreciation will I need to pay back?
Hi all,
I am selling my investment property which I've owned for 17 years. Over the 17 years I've claimed 123k in depreciation. Since I've been on a higher income I have benefited by 33% of 123k which is approximately 40.6k.
My question is when I sell will I need to pay... -
How many decades until high ROI properties return? Should I sell and leverage ASX MF?
Cashflow properties, remember them. Back when a person just starting out could by a solid investment with a 7%+ ROI property? Back when people had this idea you could buy lots of properties and retire on the cashflow.
Lets say for argument sake the market doesnt crash and has a plateau....Last edited by OnTheMove; 15-11-2019, 06:51 PM.