There is a good book by Hans Doevendans
all about relocating houses. In NZ, but it’s relevant to anywhere.

http://home.clear.net.nz/pages/doef/about_us.html

He will mail it to you for $35 odd and it is SUPER well worth getting if you are thinking about it. It may put you off the process completely, but if you decide to do it, you will be…[Read more]

Freedom!

I would definitely continue renting in Aus for the time being and buying CF+ve in NZ like Tokyo Joe says.

Do the numbers. If you do, the answer will be obvious! And in the end buying an own home is an emotional purchase and for a lot of people emotions are more important. Not that you’ll LOSE buying your own home and living in it for a…[Read more]

Thanks for that Waz
Yes it was a while since I talked to Bradley come to think of it
But glad to hear Ron and Mark are on the case
Good to hear they could help you out Seafire!

Hi AusProp

I am crazed on tilt-slab over brick for various reasons.

I am not doing tilt-slab for my first development, but looking at it for the next – I think it suits the slightly bigger development such as six townhouses on a city block kinda thing. But in the end it will depend on the site and so on, and that’s months down the track anyway.…[Read more]

Stoneman Financial Services in Wanganui are my insurance brokers. I am sure that if you call them and talk to Bradley Sturzaker the broker there, by the end of the call you will be sorted out! I was! I am with NZI for some properties and Tower for others.

The other thing is just to ask your bank, I am with one of the major banks in NZ and offer…[Read more]

Hi Everyone,
and thanks for your vote of encouragement.

>… end product, I am sorry to say you dream is unrealistic.
Ooh, goodie, a throwing of the gauntlet….

>At some stages of the property cycle your “mission” is possible.
Yep and I didn’t actually disclose that me development is in NZ which I daresay is a completely different kettle of…[Read more]

Hi guys, here’s another really good one (I reckon!)

When you’ve got your builder’s report and there’s the inevitable structural ‘something’ that you sometimes get, some defect revealed, and it is time to negotiate, I strongly recommend negotiating verbally with the vendor through the agent, rather than committing anything to writing through your…[Read more]

Kiwifulla,

damn! we are so on the same page…

cheers-
mini

Are you kidding, fish and chips in NZ is loads better than Aus, in general – I think. Now if you have ever tried Kumara Chips with garlic sauce, THAT is a taste sensation. However Ozi yes the Taumarunui fish and chip shop combo chinese takeaway is the worst in the world, but the places to eat there are….the copper kettle ‘down the one way…[Read more]

Good for you KiwiFulla. Yes I would say that there are still, well not plenty, but enough higher priced multi-unit CF+ve properties over in NZ. Like once you get over say 300k you have a lot less compeition. what is thin on the ground is the bottom price-range.

trademe.co.nz

is also quite good for private sales, with a word of warning! there are a lot of people FLIPPING properties on trade-me…who won’t disclose it upfront. (which makes it dodgy in my opinion.)

Nothing wrong with a flip per se, but sucks if you get down to checking the certificate of title and finding out the person ‘selling’ you the…[Read more]

I try and lay my NZ eccent on really thuck when I am talking to NZ real estate agents and so on and they STILL think I sound like an Aussie. Damn 9 years here!

Can’t name check towns as we are already out there making offers on every likely contender as it is! Good luck!

cheers-
Mini

Tip #9:

Make loads of offers!
These days, I find I am making about seven offers to get one accepted. It’s a hot market, and if some greater fool than you is going to pay more for the property you want, with less or shorter conditions, then there’s nothing you can do.

Make a formal written offer for the best price you are prepared to pay on every…[Read more]

It all comes down to yields, as westan said.
Yes, Hawera, Marton, Waverly, were fantastic places to buy, and I bought a fantastic rental property in Waverley on a 24 percent yield 18 months ago (just for cashflow, not expecting it to go up in value – so the rest of the world told me -) and just sold it on a 9.9 yield – todays’s ‘still a great…[Read more]

Aroha Mai e hehu ata pai. Kio iwi e tangi atu nei. Ma o tonu e whakamarie.

cheers-
Mini

Tokyo Joe,

good luck,
yes I knew of the property you bought.

cheers-
Mini

Hi Ritch,

Yes, indeed, Ruapehu was where I learned to ski, pashed a spunky ski-instructor or two by the fireplace at the Chateau, ate the worlds cheesiest pizza at the powderkeg, (where Orlando and Viggo stayed while filming Mordor scenes on Ruapehu) – rocked out at the Hot Lava in various bands..tramped up to the crater at the summit…such an…[Read more]

Yes, you can own the land as an Aussie. There are guidelines. I posted this a long time ago here. I can’t be bothered digging it out, it is all there for you to find and read.

The average investment property or commercial property is fine to buy.

I think you might be talking about crossleased land schawel, which is a kind of subdivision. Instead…[Read more]

“I love it. For a fee I will find you great investments that are cash flow positive. I don’t want them because ……. well that is the question isn’t it.”

Torachon, good point, and believe me, I do pick through the deals first as does my business partner, and still, we can’t buy everything (yet!) – we have to choose.

Yes, we have ‘spare deals’,…[Read more]