PropertyInvesting.com | Simonz | Activity https://www.propertyinvesting.com/members/simonz/activity/ Activity feed for Simonz. Sun, 12 Apr 2026 13:00:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1cb358d942c90649f6c414340a32b47a Simonz replied to the topic Opinions on Auckland in the forum General Property https://www.propertyinvesting.com/topic/5030243-opinions-on-auckland/#post-5030251 Wed, 05 Oct 2016 00:14:21 +0000 Hi Adrian! I used to live in Auckland but have been in Melbourne for 12 years. While there I managed to build up a portfolio of 6 dwellings on 4 titles between 2002 and 2004, mostly in West Auckland. At one point I had a gross yield of 9.6% on a dual income property in Henderson that was positively geared, despite interest rates going over 10%…[Read more]

]]> c3e470c83392231ec924b187d7dfc466 Simonz replied to the topic 3-4 unit development. Query re: getting plans drawn up in the forum Help Needed! https://www.propertyinvesting.com/topic/5029801-3-4-unit-development-query-re-getting-plans-drawn-up/#post-5030250 Tue, 04 Oct 2016 23:56:58 +0000 You can use an architectural designer to customise plans for your project. Depending on your target market, you can fit the budget to the architect. Some big fancy firms will charge a lot vs a small one man/woman shop, but there are pros and cons. The smaller ones can only work on so many projects at a time and you may not be at the top of…[Read more]

]]> 2c80f9e08dabe7e5b3f8310d79b6998a Simonz changed their profile picture https://www.propertyinvesting.com/activity/p/342676/ Sun, 22 May 2016 01:49:41 +0000 bf60c4bb115a22bab7d1438d3506e973 Simonz started the topic Leasehold Ideas in the forum Help Needed! https://www.propertyinvesting.com/topic/5026035-leasehold-ideas/ Sun, 22 May 2016 01:45:14 +0000 Hi Investors, just wondering if anyone has experience with Leasehold property??

Here’s the situation… My sister purchased a Leasehold property in Auckland a number of years ago to live in and continues to do so today. The problem is that the 21 year lease term reset a couple of years ago and the ground rent practically doubled. This is a…[Read more]

]]> 1fd4e412aa2cd44ace876b922c09f052 Simonz replied to the topic display homes in the forum Help Needed! https://www.propertyinvesting.com/topic/4385999-display-homes-2/#post-4550955 Thu, 31 Aug 2006 11:19:11 +0000 Just pulled out of a display home deal myself. Looked a good deal on the face of it but finance can be a real problem. Most lenders consider them non standard because of the leaseback and so your available sources of finance are immediately limited. This was a lesson to me though I fail to follow the logic.

The lenders valuer ended up saying…[Read more]

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