P.S  I get $250 and $230 respectively for my 1960's three bedroom standard houses (although just renovated one this year and it will go closer to $270 in January.

I use Elders Brown and Banks.  I've had up and down experience with them, but we seem to be in a good space now.   I find their accounting pretty good and their inspection cycle pretty ok.  I have heard that "The Rental Centre" which is an offshoot of Petrusmas (or at least used to be) is pretty good.  Petrusmas is like the biggest R.E agency down…[Read more]

What are the levies?  Who is the rental guarantee from?  Is the $440 per week NETT or Gross?  What part of town is it in?NN

What area is the property in?

Hold on my friend.  Property is a long term investment.  it goes up, it goes down.  It does in the long term go up, and i agree with the other person's comments about forced saving.  My only property investing regrets have been things I've sold, and opportunities I've missed out on because I got cold feet.  Even my average performing inve…[Read more]

Hi,I have two investment properties in Claremont, which is just north of Berriedale.  I've had them for 4 and 5 years respectively and had the same tenants in both since day dot.  Rents have started to increase reasonably well in the last 12 months and I've got a pretty good property Manager, achieving well over 7% of yield.  Buying something th…[Read more]