Hello All,
This is my first post up on the forum here, usually I just try and research information from the internet, however on this occasion I would like to try and get some expert feedback (local knowledge) on some of the best suburbs around the Nelson area for an additional rental investment. I will ring some local realestate agents for advice also, however this forum may offer a more neutral view.
Currently we have properties in Christchurch, however as much as we are one eyed Cantabrians, we want to ensure that all our eggs are not in one basket. We have family connections to the area, it is only a relatively short drive in case we need to manage property matters, I have lived in Motueka many years ago, however a lot has changed and need a fresh perspective.
We can use equity to purchase a property up to the value of 350K, and what to create a positive cash flow investment, by offering a competitive rent, as well as really caring for the tenants. This strategy has worked so far in the past.
Thanks in advance really appreciate any feedback.
Regards,
Greg
This is my first post up on the forum here, usually I just try and research information from the internet, however on this occasion I would like to try and get some expert feedback (local knowledge) on some of the best suburbs around the Nelson area for an additional rental investment. I will ring some local realestate agents for advice also, however this forum may offer a more neutral view.
Currently we have properties in Christchurch, however as much as we are one eyed Cantabrians, we want to ensure that all our eggs are not in one basket. We have family connections to the area, it is only a relatively short drive in case we need to manage property matters, I have lived in Motueka many years ago, however a lot has changed and need a fresh perspective.
We can use equity to purchase a property up to the value of 350K, and what to create a positive cash flow investment, by offering a competitive rent, as well as really caring for the tenants. This strategy has worked so far in the past.
Thanks in advance really appreciate any feedback.
Regards,
Greg
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