Nelson4u replied to the topic NZ suburbs in the forum The Treasure Chest 22 years 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 22 years 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]