Statutory management of Du Val an overreach by FMA?

[donna]

This is an interesting piece by Damien Grant, who contributes to Stuff, on how a medium-sized property firm has been put into statutory management. As the SM managers, PwC has control over the business and the owner's personal bank accounts.



So the state (Gov't) puts Du...

[Gokul]

Hi! We are planning to buy a house in Drury (Auranga developments) and wanting some insight on the neighborhood please.

[donna]

How does using wholesale investors $$ to fund your property developments differ from you borrowing from a bank?

Banks are offering very low new build interest rates, but then you have all of the risk of cost blowout, time delays all eating into your profit.

I am guessing...

[Chris W]

On development land

"you are looking at 40-50% declines in some of that development land"



https://youtu.be/dCCU6XYf6ZY?t=1927

Is anyone seeing any reports or got any further details on this? locations?...

[yeuyoga]

a survey of world cities by Savills published this month and released exclusively to House & Home, points to the key role that wealthy individuals are playing in world property markets by rescuing development from the ravages of the financial crisis. According to the report, more than half of all...

[Perrc]

Hi there,

I'm hoping for some guidance or advice with a huge earthworks development next to my property.

I bought my first home 2 months ago in Waikato, which looked out over a flat paddock, the same ground level as my backyard. Since then this has been developed has been getting...

[CraigD]

I'm looking at a simple development/renovation and have bank lending approved for the initial purchase but have not queried yet about borrowing for development costs. Previously when looking at this type of borrowing the bank has requested fixed price contracts be reached with contractors which is...

[Crossover]

Can anyone please recommend a specialist who can advise me on GST issues on a property development?

[MVL]

Gday everyone

I am hoping someone could help me with a few questions regarding developing land close to Waikato university.

At the moment I have 2x rental properties situated next door to each other (26&2. I am looking at developing these two sections in the future...

[ash007]

Hello All

I was wondering if you could help me determine whether developing my rental site would be a good investment. The site currently has 1 dwelling and has been deemed by Auckland council as terrace and apartment building zone. I am owing 100,000 on this and no other loans. I am...

[thenztrade]

Hi all,

I would like to find out more about the associated person rule to ensure that the investment properties held under my trust would not be tainted by development.

As my brother is planning to open a property development company, I wanted to find out if this would taint...