PropertyInvesting.com | wobblysquare | Activity https://www.propertyinvesting.com/members/wobblysquare/activity/ Activity feed for wobblysquare. Sat, 11 Apr 2026 03:23:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 52ca4b7ab5260b63ba849a06a6860c86 wobblysquare started the topic Commercial Investing - Big time in the forum Commercial Property https://www.propertyinvesting.com/topic/5070247-commercial-investing-big-time/ Wed, 17 Feb 2021 21:07:25 +0000 https://www.bbc.co.uk/news/business-56085128

As the above BBC article shows. In the current low interest rate environment, a low % down in a stable business, could be a good investment.

]]> f7e537c852c743fb9e0d3fad864283f6 wobblysquare replied to the topic Check on complaints against a builder - before engaging them in the forum Value Adding https://www.propertyinvesting.com/topic/5010141-check-on-complaints-against-a-builder-before-engaging-them/#post-5010142 Mon, 06 Jul 2015 10:38:29 +0000 Found it myself…
http://www.onlineservices.qbcc.qld…./VisualElements/SearchBSALicenseeContent.aspx

QBCC.qld.gov.au..

]]> 89dd3fdf70613bc3626f0516d598bd03 wobblysquare started the topic Check on complaints against a builder - before engaging them in the forum Value Adding https://www.propertyinvesting.com/topic/5010141-check-on-complaints-against-a-builder-before-engaging-them/ Mon, 06 Jul 2015 10:31:25 +0000 I seem to recall that if you new a builders license # (QLD in this case). That there was a website that would let you check for complaints against a builder. I am looking to engage one – I used to know this website, but have forgotten. Can anyone help.

Thanks in advance.

Cheers Wobbly

]]> c87ff30bab18c91ca134925aa274e4ca wobblysquare replied to the topic how to borrow more / unlimted finance in the forum Finance https://www.propertyinvesting.com/topic/5001083-how-to-borrow-more-unlimted-finance/page/4/#post-5007390 Thu, 14 May 2015 04:23:45 +0000 At some point the banks want you to repay the principal, and this comes into their serviceability calculation. So if you can find, extremely unlikely, or create (more probable) an asset (that the banks will lend against) that returns 10% net+ you should be able to drive your portfolio forward. What will slow you down will be drumming up the 20-30%…[Read more]

]]> 3334759ce86275e2ac561c374fb7c4df wobblysquare replied to the topic High Yield NZ Cheap Investment in the forum Help Needed! https://www.propertyinvesting.com/topic/5007145-high-yield-nz-cheap-investment/#post-5007325 Tue, 12 May 2015 07:15:53 +0000 Income = 6500.
Expenses =
1856 – rates
1000 – insurance
1200 – repairs
So net income = 2444.

Giving an income of 2444, for 30000 outlay, or 8.14% net.

Not bad. The questions then all relate to
1) vacancy rates (rental demand)
2) tenant hassles (low socio-economic)
3) likelihood of employment in the area increasing….or alternatively retiree…[Read more]

]]> b0f1dbc9bfad505c7f18336aa57b2860 wobblysquare replied to the topic Buying a carpark. in the forum Commercial Property https://www.propertyinvesting.com/topic/5007043-buying-a-carpark/#post-5007217 Sun, 10 May 2015 01:37:29 +0000 Why are you buying? Do you want / need capital growth? Or are you in a position where it is in fact only the income component you are after and any capital appreciation would be a bonus or irrelevant (as you wont sell regardless).
It doesn’t sound as though you are sure of all of the costs, make sure you have ALL of the info before making a…[Read more]

]]> 15d949a50e898c4b9e580139fdc6914a wobblysquare replied to the topic Rockville -suburb of Toowoomba in the forum Help Needed! https://www.propertyinvesting.com/topic/4410056-rockville-suburb-of-toowoomba/#post-4695000 Mon, 14 Oct 2013 03:59:29 +0000 you may not get the high speed rail, but i seem to recall mention of an airport for Toowoomba. If so then that would certainly help it !

]]> 0e8821a3096e69aa63013494f60509f2 wobblysquare replied to the topic renegotiating after the pest and building inspection in the forum Help Needed! https://www.propertyinvesting.com/topic/4410118-renegotiating-after-the-pest-and-building-inspection/#post-4695398 Mon, 14 Oct 2013 03:24:26 +0000 wouldnt hurt to ask for a quote, from termite company. Then ALL can be assured it is 5k and not 8k or what ever. Also be a more transparent bargaining chit (subject to competition notes made previously)

]]> 3d734169175c05c490659fbbb2f0fc5c wobblysquare replied to the topic Too good to be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410127-too-good-to-be-true-4/#post-4695430 Mon, 14 Oct 2013 03:11:47 +0000 1-bedders have a limited market….that said, this market may well increase as all the baby boomers retire…but 1-bedders will always be at the bottom of the market. A two-bedder is so much more versatile and appeals to a much wider target market.

Other questions
1) Comparative sales (is it over-priced compared to other sales of the same…[Read more]

]]> 327bb7666032210e7d11e3d56fedfab7 wobblysquare replied to the topic What to do next? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410132-what-to-do-next-7/#post-4695449 Mon, 14 Oct 2013 02:42:02 +0000 Play conservatively for a while…
If not already, convert all loans to interest only with an offset account. As much as possible use offset account to save into. Save like mad and sit tight while learning more about property investing. You do not want to be a forced seller !! While you maybe ok at the moment, with interest rates at an all time…[Read more]

]]> 105fe615e10f46cadf13b2f4e0dedcb7 wobblysquare replied to the topic Kit Homes in the forum General Property https://www.propertyinvesting.com/topic/4409479-kit-homes-3/#post-4691866 Wed, 12 Jun 2013 11:47:39 +0000 Might be a good idea if adding a granny flat….lets you remove it later, say to subdivide etc.

]]> 845dc2866abb18ad0f9ba46583b72134 wobblysquare replied to the topic Creative lending/advice for my situation in the forum Finance https://www.propertyinvesting.com/topic/4409527-creative-lendingadvice-for-my-situation/#post-4692190 Wed, 12 Jun 2013 11:22:09 +0000 Selling land at the moment is tough (in most places). You should run the numbers on building on your block. The final product will appeal to more, and you can rent it out if need be….assuming there is at least some demand for property where your land is.

]]> 7291ad79dcbc5f8d3e63a48b87e9b100 wobblysquare replied to the topic What does +GST (if applicable) mean? in the forum Commercial Property https://www.propertyinvesting.com/topic/4408974-what-does-gst-if-applicable-mean/#post-4688394 Fri, 22 Mar 2013 21:35:16 +0000 Have to talk to a good Commercial real estate lawyer…but
1) you wont make money until you put a tenant in
2) you will pay GST unless a going concern.

So optimally would like to try and sign up subject to being able to find and place a tenant in the property prior to settlement. So that it settles as a going concern.

I'd love to know how to do…[Read more]

]]> 2058d15a88fe58b9b2e20a61fbae240b wobblysquare replied to the topic Lending to a trust in the forum Finance https://www.propertyinvesting.com/topic/4408143-lending-to-a-trust-2/#post-4681450 Fri, 23 Nov 2012 11:49:21 +0000 Terry,
my understanding is that CBA (and others) will lend to a trust – BUT they no longer accept a servicability gaurantor. Meaning that my income is irrelevant, and only the trusts income is considered.
Hence the question

]]> 08937e43e80ec90fc1cdda7152f10a46 wobblysquare replied to the topic Lending to a trust in the forum Finance https://www.propertyinvesting.com/topic/4408143-lending-to-a-trust-2/#post-4681448 Fri, 23 Nov 2012 06:51:35 +0000 is that everyone but CBA. Or do you include CBA in this as well ?

]]> 4f42b0d20ca489576c4b3b816ba4fca1 wobblysquare replied to the topic LMI tax advice needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4408017-lmi-tax-advice-needed/page/2/#post-4680352 Wed, 07 Nov 2012 10:30:56 +0000 I do everything in my power to never pay LMI. So i would use savings – to reduce or avoid. 13k outlay is 13k lost – despite the better leverage. Especially if you have access to the funds now.

]]> e001ca9fd93ac55d42791b5ae105636e wobblysquare replied to the topic Negotiating with Developers in the forum Help Needed! https://www.propertyinvesting.com/topic/4407155-negotiating-with-developers/#post-4673961 Wed, 18 Jul 2012 12:48:43 +0000 If it is an investment then dont get emotionally attached. If you have worked out what you think is fair market value then offer that. If they refuse walk away. There are 1000's of investment oppurtunities at the moment. If it is a home for you to live in then other factors come into play ie emotion.

]]> a260c592b720225b0d35f77d08023932 wobblysquare replied to the topic Amazing tiler in Perth + other tradie recommendations in the forum Value Adding https://www.propertyinvesting.com/topic/4406091-amazing-tiler-in-perth-other-tradie-recommendations/#post-4665522 Wed, 18 Jul 2012 12:26:46 +0000 Fantastic thread idea !! I am on Gold Coast -but would not invest there!! Maybe Perth one day…:)

]]> 95756e8987d5551c6b1ad6e389f7ab47 wobblysquare replied to the topic Negotiating with Developers in the forum If you dont ask the answer https://www.propertyinvesting.com/topic/4407155-negotiating-with-developers/#post-4673959 Wed, 18 Jul 2012 12:14:18 +0000 If you dont ask the answer is automatically no !! A lot of developers pay 20-30k to there marketing agents when they get a sale….so by all means ask. Nothing ventured nothing gained.

]]> 02a4633ba7af203b580bafce77ce5382 wobblysquare replied to the topic Brisbane suburb suggestions for houses $480k and under w high occupancy & yield & capital gain over 20 yrs in the forum Help Needed! https://www.propertyinvesting.com/topic/4407048-brisbane-suburb-suggestions-for-houses-480k-and-under-w-high-occupancy-yield-capital-gain-over-20-yrs/#post-4673163 Mon, 09 Jul 2012 12:44:10 +0000 Or even some spots in Logan, or Toowoomba

]]> 537d8874ca51bc19296231dc886cc40a wobblysquare replied to the topic Brisbane suburb suggestions for houses $480k and under w high occupancy & yield & capital gain over 20 yrs in the forum Help Needed! https://www.propertyinvesting.com/topic/4407048-brisbane-suburb-suggestions-for-houses-480k-and-under-w-high-occupancy-yield-capital-gain-over-20-yrs/#post-4673162 Mon, 09 Jul 2012 12:41:17 +0000 Or west sydney – with Granny falt

]]> 5e51cf48a2d2b3207ff378192d7a6f55 wobblysquare replied to the topic GST on a new build in the forum Help Needed! https://www.propertyinvesting.com/topic/4406588-gst-on-a-new-build/#post-4669786 Fri, 18 May 2012 09:41:32 +0000 My understanding is that it is 6 years…although maybe I am confusing this with PPOR CGT exemption. However i also think it is not necessarily limited to this. ATO have, on occasion, still asked for GST on developments sold after this period.

]]> 3130e16037092abdd8569f638d024cf5 wobblysquare replied to the topic Council Costs involved in a Residential Townhouse Development in the forum Help Needed! https://www.propertyinvesting.com/topic/4406592-council-costs-involved-in-a-residential-townhouse-development/#post-4669813 Wed, 16 May 2012 13:17:34 +0000 Depends on number of dwellings and number of bedrooms. 20-25k per dwelling in QLD. But also depends on council. No idea in WA.

]]> 244e2ec294235a984d401a0025f36eb2 wobblysquare replied to the topic GST on a new build in the forum Help Needed! https://www.propertyinvesting.com/topic/4406588-gst-on-a-new-build/#post-4669780 Wed, 16 May 2012 10:54:43 +0000 Terry,thanks for comment. Led to this link from ATO, which covers it fairly well.http://www.ato.gov.au/content/downloads/BUS00271328n73740_02_11.pdf

]]> 2754572b85f7720a9bd40ad6ed5ae0d6 wobblysquare replied to the topic Living In PPOR but Renting out Rooms - Claiming expenses in the forum Help Needed! https://www.propertyinvesting.com/topic/4405724-living-in-ppor-but-renting-out-rooms-claiming-expenses/#post-4662695 Tue, 31 Jan 2012 23:05:53 +0000 Depends on how good your crystal ball is – and how large your debt on PPOR is….Run some numbers1) based on getting rent, claiming 75 % of expenses AND paying CGT on 75% of PPOR when you sell…..of course you need to predict when you will sell and how much capital gain there will be between now and then (say 4% per annum)2) based on getting…[Read more]

]]> 45ec0273a66ffffe710f38bf44d4b094 wobblysquare replied to the topic Living In PPOR but Renting out Rooms - Claiming expenses in the forum Help Needed! https://www.propertyinvesting.com/topic/4405724-living-in-ppor-but-renting-out-rooms-claiming-expenses/#post-4662693 Tue, 31 Jan 2012 09:11:55 +0000 If it was only one room you were renting out then you could come to a "Private Agreement". Such as your flatmate pays all the expenses – such as groceries / power  etc – AND does NOT pay you rent!! As soon as you recieve rent – then the tax dept will be interested (as it is income) – trade off being able to claim expenses pro-rata.Not sure on l…[Read more]

]]> f7c42e49b2b06c0192b862c3134b1f63 wobblysquare replied to the topic Living In PPOR but Renting out Rooms - Claiming expenses in the forum Help Needed! https://www.propertyinvesting.com/topic/4405724-living-in-ppor-but-renting-out-rooms-claiming-expenses/#post-4662685 Sat, 28 Jan 2012 21:49:33 +0000 Not sure, I think yes BUT once you do so then also 75% of PPOR would be subject to capital gains!!Try this website http://www.bantacs.com.au/  Might be something like your question already asked here.

]]> 42f855aaaa88d376fe871456bea5640a wobblysquare replied to the topic How do I buy my first home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405640-how-do-i-buy-my-first-home/#post-4662173 Sat, 28 Jan 2012 21:31:33 +0000 For PPOR compare rent to Interest on loan + Insurance + Rates + Maintenance……If numbers are close then buying PPOR will make more sense. Still pay into offset account – INCASE this house becomes a rental later.

]]> ad39c0f096e8ec34cab074381be6b7d9 wobblysquare replied to the topic Strata report issue - Should I buy this investment property - advice please? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405705-strata-report-issue-should-i-buy-this-investment-property-advice-please/#post-4662601 Sat, 28 Jan 2012 04:37:16 +0000 Fair to reasonable chance that this claim may put the builder out of business…..resulting in owners having to find the money……resulting in a rush to sell and drop in prices….- What other building issues will subsequently arise? (unknown)- Also how about issues with Owner Z refuses to pay?Ask for 50k for 5 years, and to cover ANY special…[Read more]

]]> 46724b925cdb0b3d74b3826cf0edec00 wobblysquare replied to the topic Where to invest money while looking/waiting at the Market? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405700-where-to-invest-money-while-lookingwaiting-at-the-market/#post-4662556 Sat, 28 Jan 2012 04:19:49 +0000 best place to park your money is in your offset account – from your previously purchased property !! all else is second best….saving for first property is a bit tougher.

]]> f95d4f600ded40944c4102ca4d229d02 wobblysquare replied to the topic Property Insurance in the forum Cant help sorry, but i am https://www.propertyinvesting.com/topic/4405709-property-insurance-3/#post-4662641 Sat, 28 Jan 2012 03:52:21 +0000 Cant help sorry, but i am curious – where exactly in NZ is it

]]> 8e7e49ddb9bbb6227023d61281e52402 wobblysquare replied to the topic First Unit Development in the forum Richard,I have a property https://www.propertyinvesting.com/topic/4405708-first-unit-development/#post-4662635 Fri, 27 Jan 2012 12:41:09 +0000 Richard,I have a property (In Gladstone) that i could sub-divide and build on the back. But would need to borrow to do so. Could you give us an outline of the (rough) difference between a construction loan vs normal residential loan…(criteria / int rate difference etc.)- Bad time to revalue, but i may be able to use existing equity to fund a…[Read more]

]]> f9cd990d913a7f012370be3147ffaa97 wobblysquare replied to the topic How do I buy my first home? in the forum Help Needed! https://www.propertyinvesting.com/topic/4405640-how-do-i-buy-my-first-home/#post-4662171 Fri, 27 Jan 2012 11:54:42 +0000 If you subscribe to the thinking that capital gains on dream home over the next few years will be low – which from the general description of dream home likely location is probably the case…..Then- Forget about 1st home owners grant- rent in desired area (at such a young age, and just starting in career – who knows where job / girlfriend will…[Read more]

]]> b74e261781f4f5d581fb8bfd4efa0ee8 wobblysquare replied to the topic Answers to "Where to Find CF+ Deals" in the forum Help Needed! https://www.propertyinvesting.com/topic/4384472-answers-to-where-to-find-cf-deals/page/22/#post-4542296 Thu, 22 Dec 2011 13:30:45 +0000 Find out the body corp costs and status, and also vacancy rates for the area – before jumping in to something like this. There are plenty of down town units for sale – at low prices. It might be +ve cash flow, a little. But almost no capital gain – for quite some time.

]]> c2438c7c18b29572db652c1c7aa7494f wobblysquare replied to the topic Negotiate 2 side-by-side properties under same agent in the forum Help Needed! https://www.propertyinvesting.com/topic/4405104-negotiate-2-side-by-side-properties-under-same-agent/#post-4658343 Mon, 07 Nov 2011 12:28:00 +0000 As well as sorting out the Laneway issue you also want BOTH properties (with laneway) – or NONEIf you succeed with one but not the other, or the laneway purchase is not agreed to by council then you will not have made a happy purchase. I think at some point you are going to have to show your hand – unless you can get a cast iron agreement from…[Read more]

]]> 3b8b4b43dc031e64224f019341b02f2a wobblysquare replied to the topic Solicitor needed who understands JVs, wraps, lease options, etc. on the Gold Coast in the forum Creative Investing https://www.propertyinvesting.com/topic/4405112-solicitor-needed-who-understands-jvs-wraps-lease-options-etc-on-the-gold-coast/#post-4658395 Mon, 07 Nov 2011 11:02:14 +0000 Gidday Brad,I am also on Gold Coast so interested to hear responses to this question – not one i can answer though.

]]> 7386f7764f6c1e6ad202ed1115ee31dd wobblysquare replied to the topic EIN, ITIN Forms in the forum Overseas Deals https://www.propertyinvesting.com/topic/4402874-ein-itin-forms/page/2/#post-4642546 Wed, 10 Aug 2011 10:17:07 +0000 4 Sighted. To whom did you apply for an SSN, and where did you do it from?

]]> 93ea10d78e69cb1f45c1ed045064f475 wobblysquare replied to the topic How to Register an LLC & EIN and save $$$ compared to AUS buyer agents in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403884-how-to-register-an-llc-ein-and-save-compared-to-aus-buyer-agents/page/2/#post-4649459 Wed, 10 Aug 2011 10:14:19 +0000 I am sure I have been told that the easiest way to get an ITIN is to wait until you file a tax return. Then check a box somewhere on the tax return form saying "I need an ITIN" and they Govt will sort it out for you.Sorry i cant give you a reference – but believe it to be correct.

]]> 4fce084a3a5b175ae270ff005c59f9bd wobblysquare replied to the topic USA - Where to buy? in the forum A more useful resource, if https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/5/#post-4648275 Fri, 05 Aug 2011 06:55:52 +0000 A more useful resource, if any one knows of it, would be an idea of rental vacancies. By zipcode…any ideas on this would be appreciated.

]]> 97a921601262061643356171a50f0201 wobblysquare replied to the topic Rental of Property in SMSF in the forum Help Needed! https://www.propertyinvesting.com/topic/4404340-rental-of-property-in-smsf/#post-4653130 Sat, 30 Jul 2011 12:41:00 +0000 IF you do persist with renting to a relative then i would strongly advise that you approach the ATO prior for a PBR (Private Binding Ruling).Just tell them what you intend doing, and the source for determining market rents. With luck they would agree with you and the auditor would just need to enforce annual rent reviews to bring the rent in line…[Read more]

]]> 83e2d0d2919daf5352c1635e8fc66fef wobblysquare replied to the topic Gladstone in the forum Help Needed! https://www.propertyinvesting.com/topic/4403847-gladstone-5/#post-4649248 Sat, 30 Jul 2011 12:13:31 +0000 I'd also love to find a good property manager in Gladstone….the big name one i am using is just not performing.Trying to get any kind of maintenance down is proving impossible.

]]> baf33b8bf4dd5870df0aa251f7dc4559 wobblysquare replied to the topic How to Register an LLC & EIN and save $$$ compared to AUS buyer agents in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403884-how-to-register-an-llc-ein-and-save-compared-to-aus-buyer-agents/#post-4649447 Thu, 30 Jun 2011 11:39:40 +0000 Fantastic,thank you i will look at this after i have set up my Aust Trust !!

]]> a9deb62f8bf63e4c458cbd6289119fb9 wobblysquare replied to the topic How to finance a property in the USA in the forum Found a lender - for https://www.propertyinvesting.com/topic/4402370-how-to-finance-a-property-in-the-usa/page/2/#post-4639252 Thu, 30 Jun 2011 10:29:01 +0000 Found a lender – for Memphis. But here is what they offer!Thank you very much for your inquiry, I would appreciate knowing how you found us as in most cases it is wholesalers or larger buyer groups that we work with directly. We do provide the type of financing you are looking for. We lend to foreign nationals who desire to purchase US based…[Read more]

]]> b92360079b0d23671e9fbd1a50084801 wobblysquare replied to the topic Landlord Insurance Tennessee in the forum Good luck Cheryl !! Let us https://www.propertyinvesting.com/topic/4404064-landlord-insurance-tennessee/#post-4650734 Thu, 30 Jun 2011 10:03:38 +0000 Good luck Cheryl !! Let us know how you go.Jayman,Where abouts is the talk? Australia is a big place!!

]]> a757d573120b3dc88040012e9fce7d6c wobblysquare replied to the topic Fully grasping US taxation in the forum Jayman,are we able to access https://www.propertyinvesting.com/topic/4403001-fully-grasping-us-taxation/#post-4643416 Thu, 30 Jun 2011 10:01:17 +0000 Jayman,are we able to access your tax agent? Or is this only for those who use your services?

]]> 9f885812fb28c9dc5840122fbde28fdb wobblysquare replied to the topic Granny flat total set up costs???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403835-granny-flat-total-set-up-costs/#post-4649187 Sun, 05 Jun 2011 10:40:53 +0000 Luke86post on forum or PM me also. 32k for 60m2, on stumps sounds good to me….please advise where (area) and details….

]]> 27f994ee603cf7e084530431429b82f6 wobblysquare replied to the topic Granny flat total set up costs???? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403835-granny-flat-total-set-up-costs/#post-4649177 Fri, 03 Jun 2011 06:37:21 +0000 I'd like to know where you have seen kit homes / pre-built homes for 15-20k. Please either PM me or post details on forum…Cheers Peter.

]]> 69f20104e06f6b95f8385ea8174ead15 wobblysquare replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/2/#post-4648200 Mon, 30 May 2011 09:57:55 +0000 question is why are there lots and lots of houses for sale in cleveland? What is the job forecast there?- How did you determine that there is an excellent rental market? (website – vacancy by zip code?)lots and lots of houses should mean good bargains now – but wont be much capital gain anywhere for a few years at least, so may not be a huge minus

]]> 517ce38b5a03e0d21d85c6832e8f9009 wobblysquare replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648197 Fri, 27 May 2011 02:36:30 +0000 Biggaz,interesting post. Could you let us know the 5 reasons why good and the 5 reasons why bad for Cleveland._ Interested to know what you think makes it good and what bad.I am still trying to finalise an area to go. I have mixed feelings about whether i high foreclosure rate means a good place to buy (ie California and Florida) or a bad place to…[Read more]

]]> 5d2a392f247b3421b1fbc14d7c7b6704 wobblysquare replied to the topic Decent Rental Yields in New Zealand in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403634-decent-rental-yields-in-new-zealand/#post-4647771 Tue, 24 May 2011 10:24:01 +0000 We always want to leverage. And as this is an NZ investment we will have 20% in, and 80% from local finance. Ideally if we can buy at 20% below market value then after 12 months we can refinance and pull out the Aust dollars. After that if the dollar returns to 1.20 then we will be getting more A$ in our hands. So we will think the investment is…[Read more]

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