Thanks Terry,  would it be recommended as being a good strategy or are there some pitfalls associated with it? Regards,Fitzer…

G'day Bish,All of my tenants here in WA pay for their water usage and rightly so, wish I could get them to pay the rates aswell!!!Regards,Fitzer.

LOL!!! Good on ya ROBROK!!!

I agree with Michael 100%, the markets always rebound, think about it, will we still be paying 4-500k for a property in 5yrs time? I think not. Populations are  increasing and imho Australia will start to go the same way as most of Europe ie. more people renting. If you can afford it ,buy now, even if prices stagnate or drop I'm sure that over…[Read more]

Thanks for the info Vicky, much appreciated!Regards,Fitzer.

G'day guys,I'm looking at investing in NZ, I have a few questions,can I claim neg gearing and depreciation as I live in Oz? If and when I do sell will the cap gains affect me as I live here? I'm currently looking in the Hawkes Bay area,what are the interest rates at the moment and what are the general yields? What are the vacancy…[Read more]

Personally if it was me I would be offering $380,000. Remember you can always go up.Don't be too concerned about upsetting the seller after all it's just business.Regards,Fitzer.

Thanks guys, I will get in touch with them.