Hi guys,
I am new to this thread and new to this property thing, have been in new zealand for around 3.5 years. we were planning to buy our first house(4 bedroom or more) in NZ, income is around 100K per year, we currently have a business(shop) here with separate 3 bedroom accommodation above the shop which we can give out on rent, the shop's in South Auckland and we can easily get around $350 rent per week for the accommodation. we are interested in buying a house around areas like flat bush, mission heights, dannemora, botany, manukau heights, papatoetoe etc. DOES anyone knows about any new areas around these location to invest money in, we would be living in that house and want something that if we sell this property after around 6 years, we can make money from it, more like buying an investment property. what would be the best areas around/ in these location to invest in and also can someone guide me if i should look on trademe for houses, go to real estate agents, look for private deals or attend auctions, whats better an auction or purchasing from the party, also what's the best bank to get the loan from atm, BTW i think 500K would be money we would be planning to spend on a house, let me know if it can altered to suite the requirements. I am new to this thing so YEAH.
Kind Regards
Jaideep
I am new to this thread and new to this property thing, have been in new zealand for around 3.5 years. we were planning to buy our first house(4 bedroom or more) in NZ, income is around 100K per year, we currently have a business(shop) here with separate 3 bedroom accommodation above the shop which we can give out on rent, the shop's in South Auckland and we can easily get around $350 rent per week for the accommodation. we are interested in buying a house around areas like flat bush, mission heights, dannemora, botany, manukau heights, papatoetoe etc. DOES anyone knows about any new areas around these location to invest money in, we would be living in that house and want something that if we sell this property after around 6 years, we can make money from it, more like buying an investment property. what would be the best areas around/ in these location to invest in and also can someone guide me if i should look on trademe for houses, go to real estate agents, look for private deals or attend auctions, whats better an auction or purchasing from the party, also what's the best bank to get the loan from atm, BTW i think 500K would be money we would be planning to spend on a house, let me know if it can altered to suite the requirements. I am new to this thing so YEAH.
Kind Regards
Jaideep
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