I wonder if some good soul can advise me on the following.
My wife and myself are 66y.o. and live in a retirement village. We sold all our properties and, after having paid for our retirement villa (which is not mortgageable), we have 300k left, which we split across 3 banks on Term Deposits....
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Best 300k investment at 66y.o.?
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How does a self employed person show Proof of Income to a landlord?
How does a self employed person show Proof of Income to a landlord?... -
Auckland city apartment, some are so cheap (Free hold, non leak?). Is it the time?
While Auckland outskirt suburbs are so heated, inner city apartments seems still remain good return in terms of cash flow. Apartments like Empire and Columbia can generate a return of 6% (3 beds shoe box free hold selling just above 300k and rented for above 500/week), potentially more when the international... -
deadline sale vs closed tender - which would you choose?
I am about to sell my Wellington based investment property and have spoken to 2 different real estate agents. One believes the property should be sold by deadline sale and the other by closed tender. The latter does not believe in deadline sales.
I understand the difference between the... -
How to take out equity in fully paid for rental homes
In 2009 I purchased two rental homes in California for about $275K each. Today, estimated sales would be $650K each. They have no mortgage. Existing renters are fantastic and never late. Combined rental income is $57,000/yr. I'm retired and manage these two homes myself, and with great renters... -
My first investment Options available.
Hi
Appreciate your expert views or personal opinion for the investment options available to choose.
I'm newbie investor looking to buy my first IP before October 2021. Only, looking at Brand New homes as they are hassle free and tax exemptions, 5 yrs bright line test options are appealing.... -
First home grant - Quality investment in CHCH?
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).... -
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...