33 results in 0.0035 seconds.
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One bank trap
This is somewhat of an update about my finance journey, and the real issues of falling into the one bank trap. It's no coincidence that many people warn of getting into this situation. It is quite clear that many banks want to have as much security over you as a backstop to them investing with you....Last edited by Frezzinghot; 21-11-2023, 05:00 PM. -
Opoly property investor crowdfunding is off the mark with a section in Oamaru
This crowdfunding org first had a couple of properties (an apartment and a commercial property) - but couldn't get investors interested - however they are now in the game with a section...
100 investors put in $100 for a section purchase price $103K. They hold the land for 3 years, sell... -
buyers agent for investors
Hi All,
Has anyone used a buyers agent, have any experience or recommendations to share. I am finding this is not common here, google give me just a handful of searches for buyers agents.
I am a kiwi living in AU for 10+ years. looking at investing and need someone with their... -
Sale and purchase offer
Hi. I have seen a house I would like to purchase, (unconditional offer) the price has been dropped recently and there is now good interest in the property.
My question is, can I put a deadline condition time wise on my offer, my reason being I would like to minimise the competition I could be... -
Wellington rents
https://www.nzherald.co.nz/nz/news/a...ectid=12298132
Be interesting to know with the lack of rentals in Wellington inner city ,if the ending of negative gearing played a major role in this...I invested in Lower Hutt and Porirua a few years back so they were neutrally/positively... -
Main Lounge converted to 4th bedroom?
Have a lovely architect built home.
Its 3 bed + study.
However it has a family room down the other end of the Kitchen along with a second lounge. Could I use the "Family Room" as a lounge, thats what the prior owner has done, with a 70" TV on the wall and a big...Last edited by OnTheMove; 06-01-2020, 01:40 PM. -
Is it still viable to invest in townhouse/units in Auckland?
Hey folks,
Just had a quick look at the townhouse/units market, my budget is about $500 fully mortgaged(leverage from existing equity), the rents are approx $400-$500 for the price I am looking at. I did some quick calculation based on existing interest rate and regular cost, it's going...Last edited by semaj_nil; 24-12-2019, 09:25 AM. -
Offset mortgages
Hi there,
Does anyone have their structure setup with an offset mortgage.
I have about 200k that i would like to use to offset against an LTC.
Kiwibank flatout refused stating that you could offset against an LTC whereas other banks seem to allow it but the offset... -
2019 Trust Act - are Trusts still worth it?
Hello folks,
The new Trust Act 2019 was passed in July, and existing Trusts have 18 months to comply. Some updates were overdue, such as specifying that a sole trustee cannot be a sole beneficiary, and extending Trust life from a maximum of 80 years to a maximum of 125 years. Other changes... -
anyone with property guru/core logic able to assist in one property search?
Hi I'm interested to purchase a property that is extremely difficult to compare with but there is one house which is a close neighbour with very similar exterior and age that was sold in the last 5 years. I have the sale price, RV, floor area, but no other details.
I tried to search the... -
Wanaka house prices for 2020?
Wanaka is a weird market - the working class in Wanaka cannot afford to buy houses. Yet in the past few years more than 2X more house have been created than there were existing houses, expanding the village to over 3X its size in 2010. I had a puncture in 2016 and they didn't stock tyres in any of the...Last edited by jack2016; 15-09-2019, 09:20 AM. -
Feel like failure in property investing
I’ve been ‘investing’ in property since 2014 but feel like a bit of a failure with how much I know about the whole process now.
In my prior relationship my partner and I owned our own place in Auckland. Owned it for 1.5 years before she and her parents bought out my half share.... -
Property investment in NZ still worth it?
Hi all,
Was hoping to get opinions on whether property investment in Auckland is still worth it.
I am currently looking at a property in the range of 500 to 600k, with a weekly rent of around $500.
With a loan of $500k, after rates, taxes, and all expenses,... -
The crisis crisis
Is it just me or is everything in crisis these days Every other day there is a news articles that involve experts who claim the thing they're experts in is now a crisis... thought we could start a thread for everyone to inform other PTers of the latest crisis.
I hope people reading this... -
There seems to me to be a marked increase...
There seems to me to be a marked increase in the number of "make money off property" schemes.
Sign of the end times...?