Forum Replies Created
Hi Guys
I don’t care what is being said, the price I am paying to put petrol in my car keeps going up.
This means I have less to spend on may be doing renovations to my IPs.It also means that my clients(tenants) have less money to spend. I am going to have to closely monitor rent payments.
And with higher petrol prices the cost of buying things will also go up. This results in inflation and the Reserve Bank in NZ will just keep putting interest rates up in an effort to curb it.
Regards
The price in Taumarunui(King Country) today to fill my car was NZ$1.25.9/litre.
Hi Bigz
Welcome to the forum.
There is a host of postings about buying in NZ.
Use the search function both on PI and also on http://www.propertytalk.co.nz
Regards
Hi Bonnie
Use the search function on PI to find out about Tokoroa as quite abit has been said already.
Also use the search function on http://www.propertytalk.co.nz for Tokoroa as well.
The cheap houses have gone. Prices have gone up quite a lot as the investor bubble has reached Tokoroa.
Check out the addresses carefully as some of the Property Managers won’t manage properties in certain streets.
Happy searching.
Regards
Hi Westan
What you said about Tauranga and the Mount not having cash flow positive properties is only too true.
BUT it does have huge capital growth.
However +cashflow properties can be found over the hill in Rotorua.
Also I heard a snippet of news(tapping nose) that Affco a major employer in Wairoa is considering a $15m upgrade of its freezing works which will ultimately mean 100 more jobs for Wairoa.
What with the anticipated building of a jointing and door making factory and now this upgrade spells nothing but good news for Wairoa.
Regards
Hi Guys
Borrowed this post by alwayscurious from the Help Needed Forum:
Just checked out a few stats for those who are interested>Rosebury has 1300 people.
According to one site:
There are two groups – a) miners
b) unemployed / pension / retired.Lots of people moving from within the state because of cheap housing
Two mines tin & zinc – one owned by Pasminco (under receivers, bought out by Zinifex)
Zinifex (formerly Pasminco) zinc mine. Tel: – (03) 6473 2222
and the soon to re-open Bluestone tin mine (formerly Renison Bell) Tel:- (03) 6473 2732.
This website said that the miners work a four day shift and stay elsewhere in the state usually.
Lots of transient type housing required?
Buyer Beware.
Regards
Hi Flyhigh
Welcome to the forum.
A number of forumites have property in Tokoroa or have dealt with property there.Wilandel, Minimogul, myself, RodC, Castledreamer to name a few.
At the moment I am looking to moving to Tokoroa at Xmas time and will occupy one of my rentals there.
Use the search function and carry out a search on Tokoroa.Most of the high yield IPs have long since gone.eg the 25k house being rented for $120.
There is a shortage of property available by the very small numbers being advertised on the realenz site.
Rents generally range from $110 to about $150 per week depending on location and the quality of the house.(3 b/r) There are a large number of flats which generally rent out for about $90/wk.
The best locations to buy in are in the north and the southwest corner. However yields there are much lower than they are for houses in the central part of Tok.
The town has a fairly high unemployment rate when compared to the rest of NZ.The town is very dependent on the Carter Holt pulp mill at Kinleith and the cheese factory to the north of the town.
The town itself is on State Highway One and a large amount of traffic goes past.
There are three property managers in the town.
C21 Kathy Chappell 021 657 162 or 07 886 6005
Lamberton’s Sue Mercer 0274 806 814 or 07 886 8214
Harvey’s Peter Arthur 021 183 4304 or 07 886 8064Regards
Hi Kurra
Welcome to PI.
There are lots of places that carry information about investing in NZ.
Try http://www.propertytalk.co.nz and carry out a search.
In particular: http://www.propertytalk.co.nz/postt241.html
which has a number of links to other sites.Also carry out a search on PI. Try key words like NZ and New Zealand and see what eventuates.
Look for posts by western, minimogul, and castledreamer to name three Australians who are buying for themselves and for others in NZ.
Once you have learnt a little about NZ then go back and use realenz to search particular parts of NZ for property. There is listed about 45000 properties on that site.
Good luck
Regards
Hi Judith
Have you looked at http://www.investorsforum.co.nz/site/section.asp?sectionid=1
I attended one of their 2 hr seminars last year and then had a follow up session with one of their salesmen. Didn’t buy anything.
Also do a search on this forum and also on http:/www.propertytalk.co.nz
Good luck.
Regards
Hi Guys
Michael said:
Education is the foundation of where I am today.I fully agree with there Michael.
As to how you get that education is up to the individual.
Whether you read many books and/or posts, attend seminars, interview or talk to others who are doing it, doesn’t matter. But educate yourself.
And as Brenda said
If you want to get out of a hole, first stop digging.Your biggest enemy is procrastination.
Regards
Hi Steve
Received your invite via email this morning.
However I send my apologies but I won’t be able to come.
All the best for a very successful book launch.
Regards
Hi Guys
Well now, NZ hasn’t won a running medal since John Walker did in 1976.
Also from about that time the Kenyans and other Africans started coming to the fore and now very few white skinned people win any sort of running race.
I wonder why? Probably too much McDonald’s and KFC and Burgerking eaten while still children tending to make the fair skinned races too big and slow.
Also many other competitors have more incentive to win with big money being paid to them by their governments when they are successful.
Regards
Hi mslodyczka
Try these sites for a map of Rotorua:
6b. Maps etc
http://www.geographx.co.nz/
http://www.tumonz.co.nz/
http://www.livingstoneguides.com/
http://www.wises.co.nz/
http://www.propertytalk.co.nz/images/nz/newzealandmap.gif
http://www.nzmaps.co.nz/The wises site is probably the best.
Regards
Hi
Triathlon = about 35 mins swimming + 25 mins running but about 1hr sitting on your backside riding a bike.
Regards
Hi diclem
The Min of Agriculture changed their minds and our 3 medal winners were allowed to bring their headgear home.[biggrin]
Regards
Hi diclem
You said:
And Muppet, you really like the kiwi versus aussie thing, don’t you?I wasn’t basically having an Aussie versus NZ thing in my post, but seeing as how it has come up
then what was the % increase in gold medals for Australia – 6.25%[blush2]
For NZ – 200% increase.[biggrin]I also noted in another thread that NZ would win its medals sitting down and that is exactly what happened.
Gold in the rowing, cycling, and the triathlon where most of the time is spent sitting down.Oh well, bring on Beijing. We might win some more medals.
Regards
Hi Guys
Wal what do you know.[biggrin]
Right again.[biggrin]Boks 23 Bees 19 and so the Boks win the Tri Nations for the first time in 6 years.[angry2]
Regards
Hi Westan
The team that scores the most points is the winner.
Regards
Hi Guys
Erin
Have a look at the http://www.propertytalk .co.nz site for up to date news about the NZ market and ask questions there.
Westan
I agree with you. Also it is a bit like trying to pick the Lotto numbers for Saturday as to what is going to happen in the next 12 months.
What with oil around US$48 per barrel.I read in an aricle tonite that the tenancy maket in Auckland is swinging in the favour of tenants as more and more new housing comes on stream. Coupled with the decrease in immigration rents are flattening off as prospective tenants have more to choose from.
As long as farming stays strong most rural areas will continue to prosper. But if petrol prices continue to climb along with interest rates ummmm it will be interesting to say the least.Regards
Hi Erin
Westan missed out a decimal point in his posting
The town has large unemployment 31% compared to the NZ average of 46%.NZ unemployment rate should read 4.6% not 46%.
(Just Westan’s fat fingers[biggrin])I agree with Westan about Murupara.
It is on the edge of the Urewera country.
There is a very high Maori population in the town.
A large number of high school students go by bus to Rotorua for obvious reasons.
Murupara has a good golf course. Had a 79 on it in 1997.
Most of those who do work are forestry workers.
It only takes about 35mins to get to Rotorua.Regards
