You can do it for FREE and could have saved yourself $6,000. All you need to do is change the terms of the sales agreement when you make an offer by adding clauses to the contract (your offer). For example:Contract is subject to buyer getting planning approval for development (this is a simplified version).This technique is also referred to as;…[Read more]

Just be careful as most villas you are only paying for the building and leasing the land the building is on. You should discuss this with the agent as this may affect your cashflow for the property.As a rule of thumb, I would stay clear of them as investments unless it was an amazing deal.Hope this helps,

kum yin lau wrote:
Hi, I own 5 student accommodation units, all in NZ.If I were given a choice to go back 7-8 years & with the info I have now, I would not choose to invest in student accommodation.My investments aren't bad, as such. The NZ managers are very good.I calculated my position yesterday & it looks like this: I'd put in around 175…[Read more]

Selling your home would make better sense as you will make tax free money & the unit is giving you a better return to loan value ratio.Hope this helps,

Just because a property is out bush doesn't mean that it won't get great capital gains. For example: You buy a property for $300,000 near the city and it now worth $360,000, you would have made 20% Instead you buy a cashflow property for $120,000 it only has to be worth $144,000 to have the same capital gain of 20%.In short you will have to do…[Read more]