We've discovered a leak in our basement 3 months after the house purchase. It's obvious looking closer at the area that this was a known issue as they've patched the wall, but this wasn't found during the property inspection.
I've found numerous sources (settled.govt.bz, real estate authority,...
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Question on disclosure
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REINZ house price index
REINZ Housing Price Update (May 2022)
Prices month on month (since peak):
- National -1.6% (-8.8%)
- National (ex-Auckland) -1.6% (-5.0%)
- Auckland -1.6% (-11.7%)
- Wellington -2.9% (-13.5%)
...Last edited by Chris W; 24-06-2022, 02:59 PM. -
Selling rental property to tenants
I have searched but can't find any articles on offering your rental property to your tenants to purchase - are there any threads that cover this topic, or advice on how to proceed?
Situation:
Tenants on fixed term until December 2022. Wanting to sell the property and the tenants have... -
GST obligation on change of use?
A GST registered company purchases a residential property operating as a lodge which provides taxable supply accommodation. The sales and purchase agreement is inclusive of GST and not plus GST if any. The sale price is $1M inclusive of GST, the company is noted as GST registered on the S&P.... -
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?... -
Selling off Plans
I own a unit in a building to be demolished and rebuilt. The build costs exceed the current CV, so would lose everything if I sold before rebuilding started. If I wait until the building is rebuilt the bank will force me to sell and I will lose everything.
Have you sold off the plans within... -
young people entering the property market for investment
Hi. I have a couple of properties which is enough for me as getting older. I tell my kids they must get into property, not just for a home but as an investment. But with the tax deduction rules changing, it really turns a place quickly into negative gearing. What would you be suggesting to your 20 year... -
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... -
Recommended Real Estate agent in Hamilton
Hello, we are selling an inherited, 2 bedroom rental unit in Chartwell suburb, Hamilton estimated value up to 500k.
I have no idea about which agent to choose i.e. based on commission and performance for this category of property.
Any recommendations would be appreciated. Thanks kindly ... -
Review of WIlliams Corporation townhouses
Hey all,
I'm looking into buying my first home in Auckland and found what I think is a pretty good compromise in a decent area (Te Atatu Peninsula) and a pretty good position.
It is new developments (so buying off the plan) of two-story terraced houses with 2 bedrooms and 2 bathrooms... -
How to figure out cost of a loft extension to maximise views?
Our house is staggered, so was thinking we could just reuse the roofing of whatever shape we choose to build, ie if the single garage, just put an extension above and use existing colour bond roof shape for new extension?
However Id like to be able to access internally. If it was above... -
Is Buying Cheaper Than Renting?
Hi All,
How do you work out if buying a property is cheaper than renting?
is it just the rent vs interest repayments as of today?
or do you need to factor in possible increases in interest rate and rent over next 2 -5 years?
should you include rates... -
Depreciation on building
I have heard depreciation on commercial buildings is back again!
Great news ... looking forward to the details.
I use to get $175k depreciation in the old days.... double bonus perhaps with another decrease in interest rate. -
Missing Cross Lease Document
We put an offer on a property last year but didn't get it. Someone else's offer was accepted. Now the property is coming back to the market as the sale did not go through because the cross lease documents was misplaced by LINZ, they just can't find it. Total 6 units in the block and other 5 have the... -
RTA changes - please take 1 minute to sign this petition
Hi all,
Do you want the new RTA changes to come in?
Do you want to lose the ability to issue a 90 days notice, to remove a tenant without giving a reason?
Making a submission would be great, but unfortunately on Ring Fencing there was only 110 submissions...