To Mini,
You mentioned depreciation in your answer to Leonid ,do you often consider depreciation when looking at a property.(Steve says dont)Thanks for your posts ,they are very informative,especially NZ.

Karen and Colin []

To Mini Mogul and other NZer’s, your posts to the forum have been a great help,the local knowledge is invaluable in making the right decision.We’ve found a couple of +cashflow properties in the Rotorua area.We are looking for long term rental at the moment.Do you see Rotorua as a good option? Any advice would be greatly appreciated.

I’ve been addicted to this site for over a month now, just can’t get enough.It’s great to find out everone’s work.My husband and I manage a motel so I have time to log-on to my favorite site.It’s alot of work but we are only a few meters from the beach on the Great Ocean Road,so the view is a bit distracting.I guess all jobs have there good and…[Read more]