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What are you doing with your rentals? (Auckland)

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  • What are you doing with your rentals? (Auckland)

    Doing a bit of 'market research'.

    Who of you who own rentals or are purchasing rental properties either commercial or residential (and it IS a great time to be buying is it not?) are looking to spend money either upgrading/renovating the properties or on significant maintenance? If so, to what level are you committing yourself to in this current market?
    Construction and building costs haven't been lower in a very very long time and contractors haven't been as available as they are in a long time, but I am still sensing some hesitancy in investors and home owners to use this quite patch to get some cost effective work done on their properties...why is this do you think?

  • #2
    Money is harder to borrow, thats my guess.

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