not really i just want to do whats right …. what will benefit us better in the long run….and what that is i aint sure …but i do know that my thoughts are up and down like a yo yo so i am thinking that i am unsure about selling and i am thinking that if i feel that way then i shouldnt sell……todays thoughts are to get more $ from in…[Read more]
not really i just want to do whats right …. what will benefit us better in the long run….and what that is i aint sure …but i do know that my thoughts are up and down like a yo yo so i am thinking that i am unsure about selling and i am thinking that if i feel that way then i shouldnt sell……todays thoughts are to get more $ from in…[Read more]
Firstly its not on a main rd…its on a side street that is just what 2 prospective tenants said as i asked them for feedback (front fence)as the property has been vacant for 2 months…….bad time over Christmas for a house to be vacant to i guess…with the investment property although its positevly geared i dont have any extra money from it…[Read more]
yes maybe it isnt such a good idea ….when you say it like that it doesnt really make sense does it hmmm….financially we are handling it all well …..but after you do research and see how much interest you pay on a ppor it makes ya cry we pay 1,300 a month just in interest alone and if rates go up it will be heaps more money down the drain…i…[Read more]
the reason for selling in the first place is i figured that what i make from investment property would save me $170,000 in interest on ppor and we would pay our home off in 3 years then we could go crazy and buy more investment propertys…but now i am looking into the refinancing option see how i go
well the problem that i had a year ago and i still have it now….Tenants do not stay in the house for very long at all….. i think its maybe because the house is a very cold house that's what pm says…..when i brought the house 3 years ago 2 of the window sills where rotting and a few of the weatherboards are rotted too…. so i was thinking o…[Read more]
i purchased it 3 years ago for $66,000……as is ….its worth $140,000 now…it is positive cashflow at $160 per week rentwell my plan is to sell no matter what as i owe a fair bit of $$$ on my ppor….but am wondering if the $$ i spend to fix up will make a great difference to the outcome the house is in south of Invercargill if that…[Read more]
ohhh no i will not lose sleep and i will pay tax but i was just wondering do we pay a double tax 1 in nz then another here??so you dont think there is any more growth to be had in Invercargill?
woooooo hooooo i am happy now i have a applicant for my property thanks for the comments but what worked was a add on trademe highly recommend to others expensive but well worth the $49 fee for NZ houses that is
southland agent Leeann she is real nice and help full…it is a old house and has a double open fire place the carpets in a few rooms are a bit old has a carport its in Appleby..bathroom is dated and laundry maybe some renos are needed i am thinking of polishing floor boards but worried it may make home colder what do you think any suggestions…[Read more]
i switched but i was not with commonwealth bank (rip offs) and it cost me nil…….but i switched the other way…i would never advice some one to do interest only…it aint a good thing unless you lose ya job or something terrible happens otherwise you get no where with ya debt..in steves book he suggest never to pay interest only from memory
no i wasnt sure about this i jumped the gun
oooops i stuffed up
all i received from agent was paper work from police with tennants name on it and willfull damage and the bills
i read into it all wrong i rang the agent the next day and found out that someone had try to break into the place so then i rang my insurance company and found out that my…[Read more]
i just did a search on this site i put your name in the search engine and accountant. Because i know that you are always helping people out. So i figured instead of asking questions that you have answered 100 times i did that…thatnks for the web link i will check it out now
THANK YOU EVERRYONE
i emailed Dale and yes you are right he doesnt deal with NZ investments i emailed Paul Bright he sounds fantastic so far but it does sound as if i havent set the right structures up buggerthanks a lot for thatlead i really appreciate it although he is a fair old hike for me as i live near Eltham/Greensborough
thanks for all the great advice….it has recently been painted but i could have better heating i have a double ended fire place at the minute maybe i should get a multi burner…..yes i do think it is way to popular for investers i hope the vacancys dont get to large….so to answer your question turboz i purchased my property in August….and i…[Read more]
count me in……i would love to buy a 2nd property in NZ….but i want to renovate the ppor as well hopefully i can do both getting the deposit together is the hard part any financial ideas would greatly be appreciated [email protected]
I brought a property their 1 month ago great return i got a 4 bedroom for $66,000 with $160 rent per week
I am Happy
Westan and Alvin helped me out …they offer a fantastic service !!!!