pooomba replied to the topic Members newsletter in the forum General Property 17 years, 10 months ago
I have a free monthly newsletter for New Zealand. Subscribe at http://www.massiveaction.co.nz
Dean Letfus
Property specialist and Investorpooomba replied to the topic Due Diligence rules supreme in the forum Overseas Deals 19 years, 7 months ago
Can I suggest as a NZ investor that you would be mad to be putting in offers at $10,000 below asking. I put about 10 to 20 offers a week in for property in and around Auckland and I would usually start at about 30% below asking. I have bought just under $4,000,000 worth in the last 12 months in Auckland and every property has been at least 9%…[Read more]
pooomba replied to the topic buyer agents in the forum Overseas Deals 19 years, 8 months ago
As a full time investor in New Zealand I must say it’s sad to see all this to ing and froing. Kiwis love to bad mouth anyone successful and Phil Jones and Richmastery have been very successful at training investors. Their deasl are always as good as anyone else in the market and their advice is very valuable. Lets celebrate each others successes…[Read more]
pooomba replied to the topic population pressure in the forum No Subject 19 years, 8 months ago
Greetings all. I think Auckland is the safest place in NZ to invest if you’re not familiar with the country. Biggest city in the country, we will be affected least by the slump we are moving into. Rents are only softening in the city and city fringes. I have many properties in South Auckland and rental demand is very strong there. Right now is a…[Read more]
pooomba replied to the topic Purchasing In Current Climate for NZ in the forum No Subject 19 years, 8 months ago
Hamilton deal is definitely not good. I’m a kiwi investor living in Auckland. You should buy nothing with less than a 9% yield. Takanini, Papakura, Manurewa, Papatoetoe and Otahuhu are all good areas for yield. IN Manurewa the only thing to watch is some parts of the suburb Clendon are very rough. Visite Realenz.co.nz and learn how to search…[Read more]
pooomba replied to the topic Proactive, not reactive:NZTip of the Day in the forum No Subject 19 years, 8 months ago
Just some advice to whoever said most of you don’t invest in South Auckland. Why not??
As we move into our slump here South Auckland is a great place to still find pos cash flow property that will appreciate faster than probably anywhere else in the country. And you’d want your head read to invest in somewhere like Tokoroa these days. So much of…[Read more]pooomba replied to the topic Finnding right financier and solicitor in NZ in the forum Overseas Deals 19 years, 10 months ago
Hi Kurra,
If you didn’t find what you were looking for in NZ email me. I’ma full time investor in Auckland and provide mentoring services to investors. I can put you int ouch with the best leagal beagles and finance people. There are only a few that are really any good for investors. Let me know if I can help with any infopooomba replied to the topic New Zealand Property Web Sites in the forum Overseas Deals 19 years, 10 months ago
There are only 2 websites in New Zealand selling only investment property. hotpropertynz.com and richmastery.com Other than that realenz.co.nz is the main agents web site. I’ve bought Three Million dollars worth of property in NZ in the last 6 months and most of it I’ve found on hotproperty or realenz. The search capability of realenz is great but…[Read more]