TokyoJoe replied to the topic Proactive, not reactive:NZTip of the Day in the forum Overseas Deals 19 years, 10 months ago
Here’s an on-line listing of local newspapers which I found on propertytalk:
http://www.stuff.co.nz/nz_newspapers.html
My online investing diary: http://retireyoungandwealthy.blogspot.com/
TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals 19 years, 10 months ago
I am planning to use Lloyds, NAB or ANZ. They all offer loans for overseas properties. I have contacted MasterAccountants and so far they have been helpful. I just need to find a good property!
My online investing diary: http://retireyoungandwealthy.blogspot.com/
TokyoJoe replied to the topic Building a good NZ team in the forum Overseas Deals 19 years, 10 months ago
Thanks for your comments. I have been doing more research in the last couple of weeks and slowly building up more information and gathering more contacts. I will apply for finance so at least when I come across a good deal I will have this ready.
If I get any good increase in equity I will probably sell and pay back the loan. A yen loan of…[Read more]
TokyoJoe replied to the topic studio apartment in the forum Help Needed! 19 years, 10 months ago
Are you factoring in the body corp and rates to make this cash flow +ve? In some areas I have seen the rates are not much lower than a house. You could also increase rent if you put in some furniture to make it attractive to students.
My online investing diary: http://retireyoungandwealthy.blogspot.com/