Nah Shaune and Rachel are organising one for me[]. And that will be my first. But i do believe that once your’ve done the first 1,2 or so then the others come real easy if you ahve the money. []
Im very excited about it.
Cheers Matt
“If you do what you have always done, you will get what you have always had.”
true Matt- very true. I could not have bought more than one easily except that i got a surprising capital gain on my first. Most of us who bought more than a few years ago would have done pretty well now. I’m wondering how much prices would go up again in another cycle- seems wages aren’t going up as much as property- eek!
Thanks for getting me out of that weird obsessive thing happening elsewhere
We have six, all in Qld, buy and hold strategy. Rental income $1220 per week. We have $300 per week left over after bank takes its cut for rates, repairs and other expenses etc.
We have 6 IPS.
1 in South Auckland
2 in Tokoroa and
3 in Napier.
Generally house prices have increased again in NZ.
Except in Auckland and Southland where the ave prices have dropped and more houses are on the market.
Latest figures for November can be found on the Realenz site – Market Stats.
I have 2 on the Sunshine Coast. 1 is just +ve and 1 is neutral. Looking for my 3rd at the mo but dont reckon it will be on the Coast. Time to look past the end of my nose this time.
42 properties is a lot of property! do you ever get told you’re too “rent reliant” by financial providers? i always think i’d have to earn a million bucks to be able to own that amount of property.