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  • Profile photo of TokyoJoeTokyoJoe
    Member
    @tokyojoe
    Join Date: 2005
    Post Count: 60

    Hello everyone.

    If anyone has seen my diary, I am planning to buy at least one propety in NZ in the coming year. To get the loan I need to borrow at least US$100,000 on one property only. It seems a lot for one house in NZ, but maybe not enough for a block of flats or something similar. Rather than big rental returns I am looking for something that will grow a lot in the coming year(s).

    I would appreciate any advice as to what the best strategy might be.

    My online investing diary: http://retireyoungandwealthy.blogspot.com/

    Profile photo of wilandelwilandel
    Member
    @wilandel
    Join Date: 2003
    Post Count: 761

    Hi TokyoJoe,

    There are plenty of houses in NZ in that price range and lots in higher price ranges.

    Perhaps look around Taupo area.

    I wouldn’t mind having your dilemma!

    Goodluck,

    Del

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