Nelson4u replied to the topic NZ suburbs in the forum The Treasure Chest 21 years, 3 months ago
Hey you fellows sure know how to pick the rotten places to invest. what is the point of buying in a town that is almost dead. Sure the price is cheap but then there has to be a reason why. Just use your head. there is absolutely no point in buying in a place that has no capital gain. buy in a city that has high population growth and high capital…[Read more]
Nelson4u replied to the topic Rent Auctions in the forum No Subject 21 years, 3 months ago
Some one must have been copying me. I carried out a rent tender in Nelson NZ about 6 months ago and wrote about in my newsletter.
I showed each person through as normal and got them to make their best offer.
It sure caused a bit of bad comment by some of the tenants around towm. I got $340 per week for a property that had previously been $260 so…[Read more]