Changes to floor plans - what is considered too risky to buy?

[ted432]

Hi there (first-time poster long time reader here),
I have been looking at some slightly older properties - 50s - 70s roughly and there are often changes from original floor plans and I am trying to work out which sorts of issues are ones that I should consider too risky. I get a lot of varying...

[Quantitative Easing]

What are some cheap (relatively speaking) areas to land bank in Auckland? Areas that will boom in the next growth face of the property cycle.

[Royal4444]

Given the latest news eg UK foreign office we don't travel to Italy quarantine areas plus the virus getting a foothold in other European countries, as a potential first time property investor, what impact do people think the Conoravirus will have property prices both home and in Europe in 2020?

[phillip30]

Hi all,

if you have built built up your equity and want to ask the bank to unencumber a property can this be done directly with the bank or is a lawyer required to action?

any feedback would be appreciated.

thanks

[Purple Property]

We’ve just sold an Auckland property and settlement is in 2 weeks. We will walk away with approx 200k.

We have a rental property (two bedroom unit) in my wife’s name only in Tauranga value circa 400k and loans circa 300k.

We are wanting to buy our own 3 bedroom family...

[tjay83]

Hello

with $600.000 to $650.000 budget.

do you recommend buying one house in wellington ?
or
two houses in bay of plenty (one in rotorua, one in whakatane. $320.000 each) ?


Thank you

[Henry8]

I've just found this opportunity on a new fundraising platform that offers 8.85%pa for 5 years, backed by property.I'm new to property investing and was wondering if anyone with a bit more experience could tell me whether or not this is a good deal because it looks quite attractive to me.Thanks in advance.Cheers,...

[KT_VA]

Hi everyone. I am a newbie with real estate investing and my client wants me to find the average purchased price of 1 BR and 3 BR apartment per US city as it would be used to find the most profitable city wherein he can invest. Would anyone care to share their thoughts and knowledge about it? Thank...

[xylstra]

EASEMEMENTS: I recently had a chat with a friend who spent many of his years farming in South-west Auckland. The conversation turned to the subject of Water-Supply Easements on rural land titles and he floored me with a tale of a property sale of farming land between himself and his company in which,...

[Malcolm1]

Hi, we would be interested in the view of fellow landlords about our situation...
Clause 18 (10) ..." Yard and carparking area maintenance and repair charges but excluding charges for repaving and resealing"
Our tenant has several large potholes in the entrance to the hotel carpark,...

[Chris W]

Out of Australia - from the royal commission

Key possible business impact on mortgage brokers in Australia. Wonder if the regulators will bring this into NZ.


Banking royal commission’s bombshell report: The key recommendations

• When customers make use of...

[SohpiaGreen10195]

Debating whether or not a property is worth what it is being asked for it is incredibly difficult. Now more than ever.

Myself, I am being evicted from my rented accommodation for nothing other than the LandLord wanting the apartment back. I have been given literally weeks to move myself....

[jijik2000]

Hi

What do people think of investing in residential properties in Taupo central area? can we expect a capital gain? cashflow property is a reality? How do you look at an investment option in Taupo? Your opinion would be appreciated.
Thanks in advance

[flyernzl]

I have a rental unit connected to Pulse Energy.
The unit has been vacant for several weeks awaiting renovation, and the hot water has also been disconnected.


Now received an invoice for the electricity.
39 days, kWh this period: 0
Total owing $91.05
...

[OnTheMove]

We have all probably seen the videos on youtube, "become financially free in a month", mostly stemming from the UK.

1. Firstly is it legal in NZ to manage a property, rent it out in booking.com etc and offer the landlord the going rental rate with say a 3 year garunteed rental...