KiwiZena replied to the topic Do it Uppers in the forum General Property 20 years ago
Thanks for all the great info so far! More questions if I dare! What do the lenders think of this kind of project – back home some are a little wary of lending on the potential gains, which are achieved through renovations. In the past I have used mortgage overdraft accounts to secure the cash for the purchase of building materials etc, would…[Read more]
KiwiZena replied to the topic Bairnsdale Region in the forum No Subject 20 years ago
The beaches sound great! I read that the population of nearby places like Lakes Entrance swell massively in season, do Australians (still trying to figure you lot out! [biggrin]) use / rent holiday homes? Quite a popular kiwi thing, and makes owning a holiday home / bach more of an investment.
For something a little different, why not check…[Read more]
KiwiZena replied to the topic Bairnsdale Region in the forum General Property 20 years ago
Great site, thanks!
Zena
For something a little different, why not check out http://theinvestingcrew.com
KiwiZena replied to the topic Investing in NZ in the forum General Property 20 years ago
Hi Ceec
I’ve just moved over to Aust from Christchurch, a city I’d call a great IP beginner city. Now I know a lot of people disagree with investing in the south island, (theres a far greater proportion of people up north) but I feel that the northern prices are currently at the top of their peak – still positive, but when you work out the…[Read more]
KiwiZena replied to the topic Investing in NZ property in the forum General Property 20 years ago
Now is the time to buy at the moment, especially in the south, Christchurch, or smaller towns like Gore. Sounds like a daft thing to say, but make sure you know the area, or at least have a look on a map before buying. I’ve met far too many people in the last week since moving over here that are scratching their heads as to why they have…[Read more]
KiwiZena replied to the topic Overseas Property Investing in the forum No Subject 20 years ago
Okay, heres a curly one. As I’m now an Australian resident, (but still a kiwi citizen) and obviously paying tax in both countries (that really does sound like a bit of a rip off!) how will it work if – my NZ properties are owned by a Loss Attributing Qualifying Company, (do these companies peform the same way here in Aust?) which in turn is owned…[Read more]