Hi All,
Can anyone recommend a finance broker, here or in NZ, for NZ IPs? I’m looking to refinance on several properties I have there.
Cheers,
Michael
Hello, Michael
Do NZ IPs have higher yield than AU ones?
NZD prime rate has been always higher than AUD and it theory it should be reflected in IP yields.
Best regards,
AlexPS: I can’t recommend a NZ broker, sorry
RussianAussie (QLD)
https://www.facebook.com/sanderinozFeel free to write me a message or add me in Facebook to chat about property investing
Hi Alex,
Average yield in NZ is around 8%, with significant variation dependent on location. I have several, mostly in South Island regional centers. When I was actively buying about 12 years ago yields of 12% were not too hard to find, and 20% was not out of the question. Good deals can still be found, but beware the high rates and maintenance costs on older properties.
I’ve found a couple brokers.
Cheers,
Michael
Hi Alex,
Average yield in NZ is around 8%, with significant variation dependent on location. I have several, mostly in South Island regional centers. When I was actively buying about 12 years ago yields of 12% were not too hard to find, and 20% was not out of the question. Good deals can still be found, but beware the high rates and maintenance costs on older properties.
I’d like to invest in NZ p2p loans there via https://www.harmoney.com
They must have very nice 10-15%+ p.a. returns after commissions and losses
However, now this website is for kiwis only :(RussianAussie (QLD)
https://www.facebook.com/sanderinozFeel free to write me a message or add me in Facebook to chat about property investing
Hi Michael – try Kris link here http://www.krispedersen.co.nz/ .
Don Nicolussi | Mortgage Broker - Home Loan Warehouse
http://homeloanwarehouse.com.au
Email Me | Phone Me"I think of finance as a technology, a way of getting things done." Robert Shiller
You must be logged in to reply to this topic. If you don't have an account, you can register here.
