I'll soon be ready to take my next step in building my portfolio. I'm priced out of the 'biggies' so am looking to the regions.
So far I'm considering:
Southland - Gore/Invercargill/Mataura - popular due to no SIT fees
Palmy - steady market/upward movement
Wanganui - rental shortages
Rotorua - already have a property here that I can relocate another full-sized house onto. Harder to get finance, though.
Kawerau - have heard things about becoming popular again
Which of the above, in your opinion, would be my best bet? Or is there an excellent alternative that I've missed.
Looking to buy and hold and aim is cashflow. Capital gains would be nice, but not my motivator.
So far I'm considering:
Southland - Gore/Invercargill/Mataura - popular due to no SIT fees
Palmy - steady market/upward movement
Wanganui - rental shortages
Rotorua - already have a property here that I can relocate another full-sized house onto. Harder to get finance, though.
Kawerau - have heard things about becoming popular again
Which of the above, in your opinion, would be my best bet? Or is there an excellent alternative that I've missed.
Looking to buy and hold and aim is cashflow. Capital gains would be nice, but not my motivator.
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