Thanks for all the great info so far! More questions if I dare! What do the lenders think of this kind of project – back home some are a little wary of lending on the potential gains, which are achieved through renovations. In the past I have used mortgage overdraft accounts to secure the cash for the purchase of building materials etc, would…[Read more]

The beaches sound great! I read that the population of nearby places like Lakes Entrance swell massively in season, do Australians (still trying to figure you lot out! [biggrin]) use / rent holiday homes? Quite a popular kiwi thing, and makes owning a holiday home / bach more of an investment.

For something a little different, why not check…[Read more]

Great site, thanks!

Zena

For something a little different, why not check out http://theinvestingcrew.com

Hi Ceec

I’ve just moved over to Aust from Christchurch, a city I’d call a great IP beginner city. Now I know a lot of people disagree with investing in the south island, (theres a far greater proportion of people up north) but I feel that the northern prices are currently at the top of their peak – still positive, but when you work out the…[Read more]

Now is the time to buy at the moment, especially in the south, Christchurch, or smaller towns like Gore. Sounds like a daft thing to say, but make sure you know the area, or at least have a look on a map before buying. I’ve met far too many people in the last week since moving over here that are scratching their heads as to why they have…[Read more]

Okay, heres a curly one. As I’m now an Australian resident, (but still a kiwi citizen) and obviously paying tax in both countries (that really does sound like a bit of a rip off!) how will it work if – my NZ properties are owned by a Loss Attributing Qualifying Company, (do these companies peform the same way here in Aust?) which in turn is owned…[Read more]