CONTACTS FOR INVERCARGILL PLEASE

Hey there
YOu might want to PM Don and Liz. They seem to have a good handle on whats going on in Invercargill

All the best

Hi Dr X

I presume from your post that you have invested in Invercargill BEFORE you had built up your team.

Not what the leaders who are investing in the USA are doing.

Regards

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Hi KiwiFella,

It all boils down to what you buy. If you buy $#*$ then it won’t matter who you have in your team. There is alot of it on the market at the moment.

Good tenants make the difference. Good house= good tenant. Simple. Crap house=crap tenant.

I did over a dozen open homes today and viewed about 25 homes during the week. This is the advantage of being 5 minutes away from the furthest property. Can’t keep the batteries up to the camera.

I’m sure I will buy a few of these. One for myself if I can get it and some for clients on our list.

Solicitors – you get what you pay for. Use the cheapies if you want but if you ever have an issue you may wish you hadn’t.

Got some good goss at the hairdresser the other day!

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Hi Dohicky,

Sorry about the delay. Big time computer problems at my end Hard drive just fried itself. All is gone.

So First;

IF YOU HAVE JOINED THE DEAL LIST SINCE THE 16 OCTOBER 05 SEND A NEW EMAIL

If you still want to receive top kiwi deals that is.

Anyway, the goss. So I am at the hairdresser and she is going on and on about the home renovation craze in invercargill. Nothing new there except that kiwi’s a renowned for not renovating their homes (so the urban legend goes).

Invercargill already has the mitre 10 mega the hammer hardware etc but now placemakers has a new mega store which is the same size as the mitre 10 at the other end of town.

So the hairdresser says all here friends are renovating their newly purchased homes.

So what you may ask. Well the point is that people are moving here and staying here. They are tidying up their nests and trying to keep up with the jones if you like.

The guy from placemakers turned up at my house today to deliver some gib and was showing off his new 250k truck and crane that he uses to do deliverys.

He told me he had done 26 deliveries in that day and most of them to home renovators. He is not employed by the store as all this work is contracted out. He is so confident that he has gone out and acquire the new plant to get the job done.

This ties in with what we are seeing. Kiwi’s are buying their own homes in Invercargill. In many cases from out of towners who may not have chosen wisely first time around. We try to exclude these deals from our list unless we include super realistic renovation/update estimates.

This is changing the street scape of certain areas. South city is also changing due to movement of buyer families. Subway has just open around the corner from me which means I get to go up for a meatball sandwhich at lunch.

On the levels of demand I tried to get a builder to do a building report the other day and he had to squeeze me in.

He has 31 new homes going on the trot and new people wanting builds all the time.

Oh, (from and agent so could be bull) he reckons he had 57 parties through an open home on the weekend. I was not there so maybe it was 5. States that 100% loans are having an impact on the lower end of the market.

There was a new story about the lignite plant in the paper a few days ago. This project hits the press often but this story like the others had no dates it was just saying that the company is spending big R&D dollars on the project. 500 jobs are touted – but we will see what happens with that one, Won’t count chickens. [wings][wings][wings] 1…2…3…….

Oh, and we are looking for a draughtsman or architect or super switched on person to re-organise some space in our newest acquisition. Maybe their may be some barter trade involved or something. Who knows.

[email protected]
Property Finders living in NZ .
We are active in this market and buy Properties directly from the public. Maybe you want to sell?
Email now for information sheet and current deals.

hi,

agent was from todd – we have viewed many of his listing but have not brought one through him yet.There is one property he has that we like but the owner is dreaming.

That block show was very cool. Not that I would spend the kind of dollars they did on a reno but It was good to see how peoples personal taste can impact on the perceived value of a home.

I think one of the forumites posted that the bondi units are now selling for less than they auctioned last year.

You are spot on about buying in family area’s. Demand from families buying homes is the real kicker for long term growth rather than bursts of sporatic investor demand. Investors tend to jump in and out without adding value or improving the homes/area.