TokyoJoe replied to the topic Proactive, not reactive:NZTip of the Day in the forum Overseas Deals 19 years, 3 months ago
Here’s an on-line listing of local newspapers which I found on propertytalk:
http://www.stuff.co.nz/nz_newspapers.html
My online investing diary: http://retireyoungandwealthy.blogspot.com/
TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals 19 years, 3 months ago
I am planning to use Lloyds, NAB or ANZ. They all offer loans for overseas properties. I have contacted MasterAccountants and so far they have been helpful. I just need to find a good property!
My online investing diary: http://retireyoungandwealthy.blogspot.com/
TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals 19 years, 3 months ago
Thanks for your comments. I have been doing more research in the last couple of weeks and slowly building up more information and gathering more contacts. I will apply for finance so at least when I come across a good deal I will have this ready.
If I get any good increase in equity I will probably sell and pay back the loan. A yen loan of…[Read more]
TokyoJoe replied to the topic studio apartment in the forum Help Needed! 19 years, 3 months ago
Are you factoring in the body corp and rates to make this cash flow +ve? In some areas I have seen the rates are not much lower than a house. You could also increase rent if you put in some furniture to make it attractive to students.
My online investing diary: http://retireyoungandwealthy.blogspot.com/