Hi,
I would like to start investing in NZ property too – how did you go about finding finance from Australia, and what else do I need to know?

Hi Brian,
Thanks for your positive words. It can be pretty scary at times, but once you jump in, you usually find the water is warm, eh? What do you mean they are relocating the whole town? Do you mean Port Headland? I will have to do some research out of interest and find out a bit more. We too are revising our portfolio as Steve McKnight…[Read more]

If anyone managed to purchase an investment property in Katanning, I’m dealing with Carole Drayton from Joe Fanchi real estate in Wagin (50km from Katanning), who is proving to be a very good property manager….I found it a little hard to find someone, which I guess is one of the challenges of investing in a regional town and also not being there…[Read more]

THANKS FOR REPLYING!!!! I really appreciate you spending some time to think about my development question. I really like your commercial ideas…how would that idea work about advertising that I’ll develop for the owner’s need, as they would have to wait a while for the building to be completed, wouldn’t they? I was feeling a bit at a loss as…[Read more]

Thank you everyone for your replies, it’s great to have help. I’ll check out these companies and see how I go. Thanks again. Warrant, my landlords insurance currently ranges from $170 – $250 a year ($170 for a house in regional WA, and $250 for a unit in Sydney) – I’m not sure how they work out quotes, I think it might be by area as they don’t…[Read more]

Thanks for all the great comments, Marrissa – sounds like you’ve got a good strategy – do you live nearby your investments so you can supervise the renos, or do you do it all remotely?
Derek – I still think I got pretty good prices for mine, and hopefully there are still enough people around to keep renting my properties!! They are at the lower…[Read more]

Hi Kay,
Thanks for your thoughts…I bought a place in Devonport with 10% return before the prices went up, and I too wished I had have bought more..which is kind of why I ended up with 3 this time! Hopefully I’ll feel glad in the future that I bought the 3 instead of just 1.
They are pretty basic neat houses. What are people’s thoughts on doing…[Read more]

Hi Hotrod and Henry, thanks very much for the info…I will definitely check out the website link and the council minutes.

Hi Glenn, it would be great if others bought in the town however if prices are pushed up the properties wouldn’t be positive cashflow would they?