Total Members: 159,237

ozi

  • ozi replied to the topic WARNING TO ALL PROPERTY INVESTORS!!!! in the forum General Property 19 years, 12 months ago

    Twinpeaks,

    That’s no good!. Can you give us more information as to why it isn’t renting out? 4 months is a very long time!! Is it purely because of the property manager? What condition is the house in? Is the asking rent inline with the market?

    I would suggest getting a new property manager. Good luck…

    Regards,
    Ozi

    P.S. There’s no need to…[Read more]

  • ozi replied to the topic ACCOMODATION AND CAR HIRE in the forum Help Needed! 19 years, 12 months ago

    Hi twimpeaks.

    I am also going to NZ, in January. I’m planning to stay in the South somewhere, not sure where though.

    Have a read through the recent thread I posted… you may find some of your answers there. I think i’ll be staying at a backpackers hostel… cheapest option.

    https://www.propertyinvesting.com/forum/topic/14082.html

    Let us know…[Read more]

  • ozi replied to the topic Aussies driving up NZ affordability for locals in the forum Overseas Deals 19 years, 12 months ago

    Is it a fair assumption to say that the buying frenzy in NZ will follow trend experienced here is Australia over the past 2 years. i.e. prices are rapidly increasing, interest rates are low, affordability diminishes, then interest rates start getting jacked up, prices start to fall?

    I’d be interested to hear what others think to.

    Regatds,
    Ozy

  • ozi replied to the topic How much savings? in the forum General Property 20 years ago

    Hi Linden,

    It really depends on how much you want to spend. For $20k, you can purchase a property for just under $100k (don’t forget closing closts) on an 80% LVR. Mortgage Insurance is a once off payment, normally if you require > 80% LVR. I think 20k is enough to get started!

    I will let someone more knowledgeable answer your other…[Read more]

  • ozi replied to the topic Feedback on Spec builders please in the forum General Property 20 years ago

    I agree with diclem. A friend got Henley to build their family home and it doesn’t take a building inspector to pick out the cheap materials used, also poor workmanship.

    I would shop around. Maybe pay a little extra and get something which isn’t going to tip over once out of warranty. Also, try and find people who have used a certain builder, get…[Read more]

  • ozi replied to the topic Don’t buy Brother printers in the forum Opinionated! 20 years ago

    Shazza,

    I can understand how you are feeling. I was stupid enough to buy a Brother laser printer a few years ago. It was good for a few months until the drum unit went ($250 for a replacement). I didn’t bother replacing it as I knew the same would probably happen.

    I think Brother should stick to making sewing machines!

    Regards,
    Ozi

  • ozi replied to the topic I found this funny in the forum Forum Frolic 20 years ago

    Hahahah… I’d like to see how he goes!

    It’s funny that all he is asking for is $1 from 135,000 people, yet the starting big is $100. I highly doubt there will be many bidders!

    Ozi

  • ozi replied to the topic which is best..2 or 3 brm?? in the forum General Property 20 years ago

    I think the number of bedrooms which is best is what the rental market is after and willing to pay. If 2 bedroom houses are in demand, they are the best. If 3 bedroom houses are in demand, they are the best. Having said that though, I wouldn’t turn a 3 bedroom house into a 2 bedroom house. You can still find tenants by lowering the rent to the 2…[Read more]

  • ozi replied to the topic Trip to NZ in January 2005 in the forum Overseas Deals 20 years ago

    Thanks MiniMogul & recoveryman!

    I appreciate the comments. That backpacker website looks great too!

    Regards,
    Ozi

  • ozi replied to the topic Trip to NZ in January 2005 in the forum Overseas Deals 20 years ago

    Thanks George!

    Ozi

  • ozi replied to the topic Please Be Very Careful! in the forum Opinionated! 20 years ago

    Thanks for the warning George! Yeh, that sounds dodgy! Good thing you outsmarted them :)

    Regards,
    Ozi

  • ozi replied to the topic Trip to NZ in January 2005 in the forum Overseas Deals 20 years ago

    Thanks GreatPig!

    Cheers
    Ozi

  • ozi replied to the topic $500,000 Smackers ! in the forum Help Needed! 20 years ago

    I agree with Mortgage Hunter. Spend some good money and time on educating yourself! Don’t rush anything. I would place the money in the bank (Term Deposit or other savings plan with high interest) until you know what to do with it. Then once you have done your research and have a plan, then execute it. But either way, with that much equity at…[Read more]

  • ozi replied to the topic newbies first subdivision in the forum Value Adding 20 years ago

    It might be a little hard buying it if it’s not for sale.

  • ozi replied to the topic What did you sacrifice? in the forum Opinionated! 20 years ago

    I’ve sacrificed most of my spare weekend time researching and trying to get into the game :) I haven’t purchased an IP yet, but I know that with determination and patience I will get there and hopefully it will all be worth it.

    Regards,
    Ozi

  • ozi replied to the topic NZ Investment – does this look ok? in the forum Help Needed! 20 years ago

    What is the price for the two properties (if you don’t mind me asking)? Just curious.

    Ozi

  • ozi replied to the topic MSN ID-How Do I find Number? in the forum Site Problems / Feedback 20 years ago

    What MSN ID are you talking about? From memory, the only ID I know about is your email address. Give that a go and see how it goes.

    Regards,
    Ozi

  • ozi replied to the topic House near a uni in the forum Help Needed! 20 years ago

    Another thing to consider is that “some” international students go back to their home country during the summer vacation (November – Feb), so you could find your property sitting vacant during these periods if the demand for accomodation isn’t that high. You may want to keep this in mind when selecting tenants.

    Regards,
    Ozi

  • ozi replied to the topic positive cashflow property for sale in the forum General Property 20 years ago

    ptking,

    Where are you looking to buy? Which country? area?

  • ozi replied to the topic BOUGHT 2 x NZ PROPERTY – WHAT NEXT in the forum Overseas Deals 20 years ago

    Originally posted by yack:
    Hope to God you did not buy one that McKnight or Westan have sold.

    Yack, what makes you say that?

    Regards,
    Ozi

  • Load More

ozi

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