PropertyInvesting.com | Playa Chicken | Activity https://www.propertyinvesting.com/members/playa-chicken/activity/ Activity feed for Playa Chicken. Sun, 12 Apr 2026 09:45:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 03684b409ff3871eddea1e62cc37401e Playa Chicken replied to the topic NZ Reno in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400683-nz-reno/#post-4628796 Wed, 11 Aug 2010 21:30:42 +0000 Hi Rich,

You can certainly get good fixer uppers in the $250-$300K range in Napier and Hastings. Flaxmere even lower.

What is your intention here? Are you buying to live in or buying to reno and flick, because where you buy may change in that case.

I’m based in Napier and happy to help if you’re interested in investing in the Hawke’s Bay.

PM…[Read more]

]]> 80d5d8c9df596f12ecb4378f8673947d Playa Chicken replied to the topic USA property and provders in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400617-usa-property-and-provders/#post-4628362 Wed, 11 Aug 2010 21:25:44 +0000 Do you know how to secure financing in the USA?

Any help would be greatly appreciated.

Thanks,
Vicky

]]> 4a0f2606da320ddfaf0d6298f6315aea Playa Chicken replied to the topic Agents in Palmerston North, New Zealand in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400411-agents-in-palmerston-north-new-zealand/#post-4627265 Tue, 06 Jul 2010 08:56:33 +0000 Hi Banker, Yes, unfortunately you’re going to have to virtually punch that broker because fees are higher here in NZ. The 4% is a good deal, so ask that agent what you’re getting for the money, how much advertising they’ll be doing for you. Do they expect you to contribute to the advertising.

BTW, PM me with some info on the deal. I’m a…[Read more]

]]> 01b8cb92d5a67c1ba816651d4bb946df Playa Chicken replied to the topic How do you go about your research? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399379-how-do-you-go-about-your-research/#post-4621107 Tue, 06 Jul 2010 08:53:46 +0000 Even if you’re not a serious buyer, you could start by learning your “patch” of where you may like to buy in the future. That way, if a deal does pop up you will know it’s a deal, so when you have money to spend, you’ll already have your criteria in place and know what to look for and how to do good due diligence. Don’t not do anything just…[Read more]

]]> ce46f198c850184626428a99988a22ec Playa Chicken replied to the topic Help starting in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4400293-help-starting-in-nz/#post-4626325 Mon, 28 Jun 2010 19:36:14 +0000 I’m a property investor/finder based in New Zealand (Napier) and would be happy to give you some names of professionals who can assist you in setting up trusts for investing, good property accountants, and lawyers.

Feel free to contact, and definitely look me up when you get to NZ.

All the best,
Vicky

]]> 9bfd0eeddb13fe1df2539660aa9ca367 Playa Chicken replied to the topic Where is the soundest state/county to invest in America? in the forum Do you think the fact that https://www.propertyinvesting.com/topic/4398035-where-is-the-soundest-statecounty-to-invest-in-america/#post-4612714 Sun, 09 May 2010 06:43:29 +0000 Do you think the fact that all the US states are bankrupt makes any difference to which one you invest in?

]]> 78608f5e6cc7841742163faa799a851d Playa Chicken replied to the topic Investing in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399294-investing-in-nz-12/page/2/#post-4620535 Sat, 24 Apr 2010 00:23:21 +0000 Banks are generally looking for 30% deposit from Aussies and 20% from Kiwis who already own investment properties.  Investors are REALLY struggling to get finance here at the moment and your best bet is to use a broker who will target specific lending institutions based on your situation.  If you would like a broker recommendation, I am happy to h…[Read more]

]]> 7387833349de0baef054532f39415c2f Playa Chicken replied to the topic Collapse of the US $ and its impact on the World in the forum I agree with Kong, in fact  https://www.propertyinvesting.com/topic/4399504-collapse-of-the-us-and-its-impact-on-the-world/#post-4621992 Sun, 18 Apr 2010 09:43:23 +0000 I agree with Kong, in fact  "Guide to Investing in Gold & Silver" is the most favorite book I have in my Library at the moment, very loved and well worn!  Mike Maloney is my hero!!!!

]]> 7c15519fff04091a0568507e56fd5e06 Playa Chicken replied to the topic Collapse of the US $ and its impact on the World in the forum Opinionated! https://www.propertyinvesting.com/topic/4399504-collapse-of-the-us-and-its-impact-on-the-world/#post-4621990 Sun, 18 Apr 2010 03:00:56 +0000 IMHO, the best place to hold physical silver is in your own personal vault.  Don't trust anyone else to "hold" it for you!From all the reading I have done, MATTNZ is right on the money with excellent research.  The Crash Course is extremely interesting and I also recommend the following:http://www.goldsilver.com  (check out the vi…[Read more]

]]> 02d8d0eb86c79765934eeb166c9383a7 Playa Chicken replied to the topic Investing in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399294-investing-in-nz-12/#post-4620528 Sat, 17 Apr 2010 06:05:04 +0000 Chiz, It means he's willing to vendor finance 20% of the deal.  Bare in mind, it's a 4.7% yielding negative cash flow deal (rent at 350/week x 52 = $18,200 divided by purchase price $385K = 4.72%) and you're probably going to be paying 6% interest to float, or 7% to fix for two years.Good luck.Vicky

]]> 23912fe6189f3cf54246cddb7ef6a8a1 Playa Chicken replied to the topic Investing in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399294-investing-in-nz-12/#post-4620523 Wed, 07 Apr 2010 08:38:50 +0000 Jinal,Come over for a visit and check us out.  There are lots of good deals in NZ at the moment.  I haven't seen good quality properties delivering over 9%+ deals in the Hawke's Bay for years, but over the past month or so they've started popping up here.I think one reason these deals are around is because the mainstream banks are making it so d…[Read more]

]]> 87e837304dac5fa3abb91b4c5c7a9cc5 Playa Chicken replied to the topic New Zealand Investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398403-new-zealand-investment/#post-4614932 Thu, 01 Apr 2010 23:02:50 +0000 TCL, you still wanting to get into investing in NZ?We're seeing some absoultely amazing positive cashflow deals here at the moment.  I have got two under contract at the moment, one in Napier giving an 11% yield and another in Flaxmere at 11.96%.  These yields are unheard of in the Hawke's Bay since the early 2000's.Contact me if you're i…[Read more]

]]> ae8b30d88a0cef524503505b6d8ccdda Playa Chicken replied to the topic Investing in NZ in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399294-investing-in-nz-12/#post-4620521 Thu, 01 Apr 2010 22:38:14 +0000 Wendy, it sounds like you're having a very positive experience over here in NZ :-)I have worked with a lot of Ozzie investors and the general thing seems to be to leverage property in Oz to create the deposit and borrow the balance in NZ.  AMP (via a Roost Mortgage broker) is about the only outfit funding investors at 80% or above at the moment – I…[Read more]

]]> 77a2a0acd59ed80244debb08d47f5ad8 Playa Chicken replied to the topic "property managers" too busy to manage properties! in the forum Opinionated! https://www.propertyinvesting.com/topic/4398484-property-managers-too-busy-to-manage-properties/page/2/#post-4615420 Thu, 25 Mar 2010 09:46:30 +0000 There are very few property managers who will be as focused as yourself, afterall if your  house is vacant you're missing out on $??? hundreds, whereas they're only missing out on 8 or 9% of that.GO ouchiemama for trusting your instincts and getting great tenants.  You can't beat "gut feel".

]]> 26fe18698a73051d7c700cc3a31b3b9c Playa Chicken replied to the topic "property managers" too busy to manage properties! in the forum Opinionated! https://www.propertyinvesting.com/topic/4398484-property-managers-too-busy-to-manage-properties/#post-4615417 Mon, 22 Mar 2010 23:42:13 +0000 OMG!!  I'm horrified at this story.  I've just started property managing a couple of months ago and always schedule open homes after 5pm as that's the only time working people can get there!!  It wouldn't cross my mind to have an open home during the day! Thanks for brining this amazing story to the forum.Vicky

]]> 2cb3117786c7dec89f3a9628c7a20508 Playa Chicken replied to the topic Are Real Estate Agents Sexist? in the forum Opinionated! https://www.propertyinvesting.com/topic/4399212-are-real-estate-agents-sexist/#post-4619926 Mon, 22 Mar 2010 23:30:02 +0000 Salina, maybe next time you need to play with their heads instead of letting them play with yours!!  Afterall who are they to judge your wealth?  For all they know you could be a cashed up multi-milionaire and I'm sure a few choice words directed to them by your tag-along-Dad will have them falling over themselves to talk with you!!!! Play wit…[Read more]

]]> 14e546ea966095d330ffb534b9d37c6a Playa Chicken replied to the topic New Zealand Deals Everywhere in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398507-new-zealand-deals-everywhere/#post-4615605 Thu, 11 Mar 2010 18:38:35 +0000 Wendy, PM me and I'll see if I can help you.Vicky

]]> 25e6aa395dcf6731fc394387668a7136 Playa Chicken replied to the topic Need help getting out of my NZ investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4399017-need-help-getting-out-of-my-nz-investment/#post-4618667 Tue, 09 Mar 2010 08:04:49 +0000 Glad to hear you've decided to hang in for the duration Krish.  There are a lot of investors who have purchased in the 2006-2007 who are feeling the pinch right now and many bailing out and losing money.  I know of at least two that have had to top up their mortgages before the bank will release the loan because they sold below what is owed – v…[Read more]

]]> d039073229de4c8a1f9fce8b702f7ec3 Playa Chicken replied to the topic Sydney Accountant For New Zealand Property Investments in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398260-sydney-accountant-for-new-zealand-property-investments-2/#post-4614093 Sat, 27 Feb 2010 22:28:18 +0000 Also another excellent property focused accountant is:Storey & Associates Ltd234 Broadway Ave Palmerston North, NZPhone: +64-6-355 4647 (ask for Shane)Vicky

]]> db62a5e7640e83353c02591952a96b62 Playa Chicken replied to the topic Family Trust for NZ purchase in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398876-family-trust-for-nz-purchase/#post-4617679 Sat, 27 Feb 2010 22:25:23 +0000 Yes, Terryw is right, you'll need to set up the NZ trust (not necessarily a family trust) also as per the lender's requirements.Here are a couple of companies where you can get help setting up your NZ structures.Company Solutions:  http://www.company-solutions.co.nz/  and Storey & Associates who are excellent property investor focused a…[Read more]

]]> 242cf533167c9731f5cc7162604a80e5 Playa Chicken replied to the topic Unable to get a tenant in the forum Excellent outcome! Good on https://www.propertyinvesting.com/topic/4398818-unable-to-get-a-tenant/page/2/#post-4617399 Thu, 25 Feb 2010 20:57:26 +0000 Excellent outcome! Good on you for taking action.  It sounds like you're going to have a more positive experience with the new manager.Let there be abundance for all.Vicky

]]> 7b894c4c6c21859cc684f16ce96ae37b Playa Chicken replied to the topic Sydney Accountant For New Zealand Property Investments in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398260-sydney-accountant-for-new-zealand-property-investments-2/#post-4614092 Sun, 21 Feb 2010 19:26:59 +0000 You might want to look into http://www.masteraccountants.co.nz on the NZ side, they have a lot of Aussie property investor clients.Vicky

]]> 7086e57221776492a8588e48984eb008 Playa Chicken replied to the topic Unable to get a tenant in the forum When you're doing your https://www.propertyinvesting.com/topic/4398818-unable-to-get-a-tenant/page/2/#post-4617397 Sun, 21 Feb 2010 19:10:02 +0000 When you're doing your research for the new property management company, ask them what their vacancy rate is too.  And, find out if some times of year are generally easier to tenant than others.  As you've already experienced, Dec/Jan is a hard time to find a tenant!!Here in NZ, I put all my tenants on a fixed term tenancy, so that I HAVE C…[Read more]

]]> 8526f4993e2ede8943b04b4ce75d38c6 Playa Chicken replied to the topic Unable to get a tenant in the forum If I was you I'd be finding https://www.propertyinvesting.com/topic/4398818-unable-to-get-a-tenant/#post-4617394 Sun, 21 Feb 2010 05:14:25 +0000 If I was you I'd be finding another agent NOW  … before you're in a right PICKLE!!!!!Clearly the outfit you're using are inflexible and only prepared to work certain hours, which doesn't encompass the weekend, which is when most working people (i.e. the kind of tenant you probably want!!) are available to view a property.  So many of these o…[Read more]

]]> 5096ed2910da310d3e40aa031b5cac80 Playa Chicken replied to the topic Unable to get a tenant in the forum Sounds to me like you need https://www.propertyinvesting.com/topic/4398818-unable-to-get-a-tenant/#post-4617390 Fri, 19 Feb 2010 06:53:07 +0000 Sounds to me like you need to kick your agent for touch!  Two months is a long time to be vacant and it sounds like they are not focussing on filling your property.  Find somebody else who knows what they're doing!!!!Good luck, I'm sure it'll get sorted.Vicky

]]> 1660a40364a8b36daaa0e9acf31ba7f2 Playa Chicken replied to the topic Unable to get a tenant in the forum Help Needed! https://www.propertyinvesting.com/topic/4398818-unable-to-get-a-tenant/#post-4617389 Fri, 19 Feb 2010 06:53:01 +0000 Sounds to me like you need to kick your agent for touch!  Two months is a long time to be vacant and it sounds like they are not focussing on filling your property.  Find somebody else who knows what they're doing!!!!Good luck, I'm sure it'll get sorted.Vicky

]]> dc74705c29e78e9782ef7832945e0d82 Playa Chicken replied to the topic New Zealand Deals Everywhere in the forum V8GHIA - Sapphire's post https://www.propertyinvesting.com/topic/4398507-new-zealand-deals-everywhere/#post-4615603 Fri, 19 Feb 2010 06:48:01 +0000 V8GHIA – Sapphire's post regarding lending in NZ is correct.  Most banks are requiring 30% deposit from Aussies.  Us Kiwis can get away with 20% if we can show good serviceability.  You will need bank accounts set up in NZ for ease of transacting rental income and mortgage payments.  Roost mortgage brokers, who facilitate Kiwibank loans, are req…[Read more]

]]> ba2f5d356139f056994d614dfa4b8e1b Playa Chicken replied to the topic 11 second solution in the forum Ima, The 11-second solution https://www.propertyinvesting.com/topic/4398815-11-second-solution-18/#post-4617371 Thu, 18 Feb 2010 20:51:37 +0000 Ima, The 11-second solution works in any currency because what you're comparing is the same.In the current state of the economy, I would expect you will need to show income to support a mortgage, even if you do have equity. The banks everywhere have tightened their belts on lending.  In your situation, my first priority would be to get cashflow…[Read more]

]]> 68e6710b4a3a188e18cd04182b20c784 Playa Chicken replied to the topic New Zealand Deals Everywhere in the forum Ian, if you get over to NZ https://www.propertyinvesting.com/topic/4398507-new-zealand-deals-everywhere/#post-4615600 Thu, 18 Feb 2010 09:09:22 +0000 Ian, if you get over to NZ and come to the Hawke's Bay, contact me via my website and I'll give you the "grand tour".  Cheers,Vicky

]]> 643eaed6ec5acd725a365c3ad601dadf Playa Chicken replied to the topic Spruiking your wares is not welcome! in the forum Opinionated! https://www.propertyinvesting.com/topic/4398682-spruiking-your-wares-is-not-welcome/#post-4616551 Thu, 18 Feb 2010 03:37:33 +0000 Hopefully the "Powers That Be" are paying attention and can start up another section for selling goodies of all types on!!

]]> 15f60ae2212f69a3d1184e2e7e523711 Playa Chicken replied to the topic Spruiking your wares is not welcome! in the forum Opinionated! https://www.propertyinvesting.com/topic/4398682-spruiking-your-wares-is-not-welcome/#post-4616548 Wed, 17 Feb 2010 10:18:44 +0000 Maybe the people running this forum could create a "BS" section specifically for spruikers to post in.  Our NZ site, Property Talk, has a special section called "caveat emptor" where the spruikers can post deals to their hearts content!!!Just a thought …..Vicky

]]> 69adfde81da7677d1f789de8562f6418 Playa Chicken replied to the topic New Zealand Deals Everywhere in the forum Yes, finally we're starting https://www.propertyinvesting.com/topic/4398507-new-zealand-deals-everywhere/#post-4615598 Wed, 17 Feb 2010 10:11:11 +0000 Yes, finally we're starting to see some great positive cashflow deals come to the market in NZ – YAY!!!!   I'm a property finder in the Hawkes Bay (Napier and Hastings area) and after 3 years of low yields and difficulty getting finance, it is refreshing to be finding good quality +CF deals.  Whilst still few and far between, they are out th…[Read more]

]]> c655a7fcc081674c6fcd612eb896b0dc Playa Chicken replied to the topic New Zealand Investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398403-new-zealand-investment/#post-4614929 Sun, 24 Jan 2010 03:34:23 +0000 Ah yes, Tokoroa!!   Tok was good to Steve in the early 2000s, he had so many houses there at one stage — all painted the same colour — that you could drive around Tok and know exactly which ones he owned!!  Personally I would not be buying in Tok these days due to the GFC, and especially if you're a remote landlord, you'll be wanting a more s…[Read more]

]]> 960b4475250f93a5699acc0521fdff10 Playa Chicken replied to the topic New Zealand Investment in the forum Overseas Deals https://www.propertyinvesting.com/topic/4398403-new-zealand-investment/#post-4614927 Sat, 23 Jan 2010 10:35:24 +0000 You probably won't get the growth you'd get in Aussie cities that are going off at the moment (Sydney), but at the moment NZ is a fantastic place to buy cashflow – which you may struggle to get in any of the big Ozzie cities.It really depends what your strategy is.  Are you wanting capital growth?  or  cashflow?  There is no stamp duty and no cap…[Read more]

]]> 3834acd8f37e468736b905c6c9bca9d2 Playa Chicken replied to the topic Investing in Positive Cashflow New Zealand property in the forum Overseas Deals https://www.propertyinvesting.com/topic/4395089-investing-in-positive-cashflow-new-zealand-property/#post-4597588 Sat, 25 Jul 2009 04:38:09 +0000 Hi Fitzer,I'm pretty sure you can claim neg gearing and depreciation, but highly recommend you speak with your Oz accountant, who should know how to work the system to your advantage.  Ideally, it would be good if your accountant understands both the Oz and NZ accounting info in order to take best advantage of everything available for you.  I've w…[Read more]

]]> 7da4ccc3cd8b27ae6cdd8affb65c36d6 Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/page/2/#post-4602909 Wed, 22 Apr 2009 06:27:59 +0000 SHALES – depends on what your buyer wants.  Most people I work with need/want a minimum of 10% under a live (recent) registered valuation, and 10% gross yield.  I have others who are happy to take neutrally geared as they are more interested in future growth and better quality property.Line up your buyer, then go find the property. Contact me v…[Read more]

]]> 804a47a9962cbbb3e5c691d4267af6db Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/page/2/#post-4602906 Tue, 21 Apr 2009 20:15:26 +0000 BLOGS – you're right, achieving massive growth over the coming few years is going to be virtually impossible compared to the last 10 years, however what we are in NOW is CASHFLOW SEASON!!!!  It's currently not about growth, we are in the "winter" season of property, it is now all about CASHFLOW, CASHFLOW, CASHFLOW.  And, there is TONS of it out t…[Read more]

]]> d0102becc3b82a2fb9174061dfab8c45 Playa Chicken replied to the topic Buyers Agent in the forum LINAR you've had legendary https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/page/2/#post-4602903 Tue, 21 Apr 2009 10:46:05 +0000 LINAR you've had legendary results and it's wonderful to hear your story.  Well done, you deserve the credit.Cheers,Vicky

]]> d521f7c9719d62863b72d7cc8d5ea258 Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/page/2/#post-4602901 Tue, 21 Apr 2009 06:12:53 +0000 SCOTT NO MATES – I always contract with lots of due diligence that I can back out on.  Have never been caught with a property I don't want. LINAR – Amen. Thank you!!!!SHALES – Yes, bird dogging will definitely give you the confidence and you'll get really good at writing contracts!!   It also depends who you want to work with,  i.e.  the main…[Read more]

]]> e0047dad7c3a61c873b55923dceafcd7 Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/#post-4602896 Mon, 20 Apr 2009 20:27:18 +0000 SCOTT NO MATES —  I contract the property  from the vendor and assign the same contract to the investor for a fee.  Over time, I often sell more than one property to the same investor because I build a relationship with the people I work with, and if there's a renovation to be done, I project manage that, so the income stream doesn't ne…[Read more]

]]> 34bc3c46c6b4b4f255590260458281fa Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/#post-4602892 Mon, 20 Apr 2009 08:17:12 +0000 SHales,As a buyers agents I do NO weekends unless I choose to (i.e. checking out open homes) and NO staffing of open homes because I'm selling to my database not the general public.  Depending on how you are on-selling, being a buyers agent can be more behind the scenes, at least the way I have it set up in NZ is.  I do most of my buying priva…[Read more]

]]> 6f2a1e1c71771e4c8ee42e6956804bd7 Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/#post-4602890 Mon, 20 Apr 2009 06:13:02 +0000 SHales, that's the BIG problem in NZ, anyone can hang a shingle up calling themselves a buyers agent.  At the moment there is no accreditation program and there needs to be one.  I have assigned more than 100 contracts and I'm grouped under the same umbrella as someone who has done one contract and is calling themselves a buyers agent.  That sai…[Read more]

]]> b915d89a96aa7b91ca0d4a100c0e50b7 Playa Chicken replied to the topic Buyers Agent in the forum General Property https://www.propertyinvesting.com/topic/4396026-buyers-agent-14/#post-4602886 Mon, 20 Apr 2009 05:33:17 +0000 Moana_fusion is right on the money!  I work as a buyers agent in NZ and have a good clientele of NZ and Aussie buyers simply because I can find them deals they can't find themselves, and I do ALL their legwork!    A good buyers agent can save you thousands of dollars because they will know their buying patch intimately and will be way more exp…[Read more]

]]> 1e22b59fe207d9b297fb9d83a5109fd3 Playa Chicken replied to the topic Worst economic crisis ever ??? in the forum Daniel Arnold's book "The https://www.propertyinvesting.com/topic/4395594-worst-economic-crisis-ever/#post-4600370 Sun, 05 Apr 2009 19:51:40 +0000 Daniel Arnold's book "The Great Bust Ahead" … http://www.thegreatbustahead.com is an excellent read (small book, easy to read) putting reality on the table.The more trillions the US prints the worse its going to get (depending on what you're investing in)Another good read:  The Second Great Depression Starting 2007 Ending 2020 by Warren…[Read more]

]]> 70628349f95dd140ef9e5e783d9940ff Playa Chicken replied to the topic Renovating 4 houses a year= $100,000 profit in the forum Value Adding https://www.propertyinvesting.com/topic/4395627-renovating-4-houses-a-year-100000-profit/#post-4600554 Wed, 18 Mar 2009 23:15:19 +0000 Very do-able in New Zealand.  I have friends who've done exactly this for the past four years, even through hard markets.  If you're buying well, it shouldn't be a problem.Remember Rule #1:  YOU MAKE YOUR MONEY WHEN YOU BUY.Vicky

]]> 47e9ca0c490d16aa418dee26ec010076 Playa Chicken replied to the topic 4 units on one title in the forum Finance https://www.propertyinvesting.com/topic/4395690-4-units-on-one-title/#post-4600917 Sat, 14 Mar 2009 19:45:58 +0000 Yes, that's right Richard, I was referring to them being on strata titles.  Good to  hear the banks in Oz are OK with four on one title still.  They've got a bit toxic on that idea over the ditch!!Vicky

]]> 9a54ded693613d45df9a9ee816b15a4f Playa Chicken replied to the topic 4 units on one title in the forum Finance https://www.propertyinvesting.com/topic/4395690-4-units-on-one-title/#post-4600913 Sat, 14 Mar 2009 10:24:49 +0000 A quick phone call to your friendly mortgage broker or bank manager should answer that question.But I'll put my money on commercial lending for this one, unless they're on two separate titles, then you'll probably be fine and could mortgage with two separate banks.Vicky

]]> e5ea7482f71e9753bde4dc6fccc9ca74 Playa Chicken replied to the topic Positive/Neutral Geard Property Everywhere? in the forum General Property https://www.propertyinvesting.com/topic/4395522-positiveneutral-geard-property-everywhere/page/2/#post-4599948 Sat, 14 Mar 2009 01:40:14 +0000 Hi KY,Yes, definitely I can give you an update.  If you send me an email I'll be in contact shortly — finder@buyersagents.co.nz.Vicky

]]> 344a14908d0ae91175c7373ee15f07ca Playa Chicken replied to the topic The 1% Rule in the forum General Property https://www.propertyinvesting.com/topic/4395658-the-1-rule/#post-4600732 Fri, 13 Mar 2009 07:31:07 +0000 Yeah GO YOU Scott No Mates …. … but I thought we were all here on this post to make  comments and suggestions that  might  help AnthonyS figure out a solution.Vicky

]]> eab9e5a3c301d0ce8f3e5623b7bc5f3e Playa Chicken replied to the topic Buying a property with 3 friends in the forum Help Needed! https://www.propertyinvesting.com/topic/4395653-buying-a-property-with-3-friends/#post-4600706 Wed, 11 Mar 2009 09:01:10 +0000 Sounds like a good plan, plus it will give you all a good idea what living together is like.  All the best with your venture.Vicky

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