'ello all
I am UK born but now residing in New Zealand. We have a good + cashflow portfolio here in NZ of residential property that ticks along nicely.
I have 2 brothers who are still UK based and we will soon be receiving some early inheritance from the sale of our Mothers home. This is to the tune of around 30k (pounds) each.
We are looking at taking what we need from that 30k and then putting the rest together to buy rental property in the UK.
I intend to stay in NZ but will go back to the UK whenever the need arises. One brother is a builder, the other a Retail Manager.
My questions are:
1. What entities would we buy these properties in? Here in NZ a trust would probably suit to avoid problems with any marriage/relationship break ups.
2. We are from the South East but have all worked all over the country and spent a great deal of time in Europe so we are quite happy investing out of the home counties. What areas currently return good cashflow?
3. Anyone know the process by which profits would make their way to us in NZ, or are we better leaving the money in the UK?
4. I guess we will be starting with around 60k between us so any thoughts on that as a starting amount would be great?
5. Anyone know an English Rugby player who can score tries?
Cheers everyone
Popoi
I am UK born but now residing in New Zealand. We have a good + cashflow portfolio here in NZ of residential property that ticks along nicely.
I have 2 brothers who are still UK based and we will soon be receiving some early inheritance from the sale of our Mothers home. This is to the tune of around 30k (pounds) each.
We are looking at taking what we need from that 30k and then putting the rest together to buy rental property in the UK.
I intend to stay in NZ but will go back to the UK whenever the need arises. One brother is a builder, the other a Retail Manager.
My questions are:
1. What entities would we buy these properties in? Here in NZ a trust would probably suit to avoid problems with any marriage/relationship break ups.
2. We are from the South East but have all worked all over the country and spent a great deal of time in Europe so we are quite happy investing out of the home counties. What areas currently return good cashflow?
3. Anyone know the process by which profits would make their way to us in NZ, or are we better leaving the money in the UK?
4. I guess we will be starting with around 60k between us so any thoughts on that as a starting amount would be great?
5. Anyone know an English Rugby player who can score tries?
Cheers everyone
Popoi
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