I'd also love to find a good property manager in Gladstone….the big name one i am using is just not performing.Trying to get any kind of maintenance down is proving impossible.

Fantastic,thank you i will look at this after i have set up my Aust Trust !!

Found a lender – for Memphis. But here is what they offer!Thank you very much for your inquiry, I would appreciate knowing how you found us as in most cases it is wholesalers or larger buyer groups that we work with directly. We do provide the type of financing you are looking for. We lend to foreign nationals who desire to purchase US based…[Read more]

Good luck Cheryl !! Let us know how you go.Jayman,Where abouts is the talk? Australia is a big place!!

Jayman,are we able to access your tax agent? Or is this only for those who use your services?

Luke86post on forum or PM me also. 32k for 60m2, on stumps sounds good to me….please advise where (area) and details….

I'd like to know where you have seen kit homes / pre-built homes for 15-20k. Please either PM me or post details on forum…Cheers Peter.

question is why are there lots and lots of houses for sale in cleveland? What is the job forecast there?- How did you determine that there is an excellent rental market? (website – vacancy by zip code?)lots and lots of houses should mean good bargains now – but wont be much capital gain anywhere for a few years at least, so may not be a huge minus

Biggaz,interesting post. Could you let us know the 5 reasons why good and the 5 reasons why bad for Cleveland._ Interested to know what you think makes it good and what bad.I am still trying to finalise an area to go. I have mixed feelings about whether i high foreclosure rate means a good place to buy (ie California and Florida) or a bad place to…[Read more]

We always want to leverage. And as this is an NZ investment we will have 20% in, and 80% from local finance. Ideally if we can buy at 20% below market value then after 12 months we can refinance and pull out the Aust dollars. After that if the dollar returns to 1.20 then we will be getting more A$ in our hands. So we will think the investment is…[Read more]

Hamilton and Dunedin are certainly worth a look. Unless you have a good handle on Christchurch i would give it a miss. There are undoubtably some cheap buys to be had there at the moment – and some tenant demand. I think near the Uni was largely unaffected by the quake. But you would need good local advice or an understanding of ChCh before buying there.

I dont think you will find an Aust company willing to lend on a security held in NZ. You will need to get an NZ bank to fund.- NZ interest rates are better anyway. This is half of the attraction.Bit mixed on Whanganui. I would try and find out census figures – to try and figure out if it is growing or shrinking. and if it is growing is it growing…[Read more]

1) Auckland2) Wellington3) HamiltonIn that order. If investing in regions then need to know new jobs are about to be created there.For retirement havens, 1) Nelson2) Tauranga3) Bay of Islands

Actually on reflection my comment may over simplify. For the sort of rents you are talking about Granny may be able to afford it. So perhaps another question may be – OR is it a retirement destinationWhere in NZ were you looking to buy.

Tend to generally agree. But need to check, 1) Can you sell it when the time comes ok2) Can you rent it in the meantime.Both of which come back to jobs. Check area you are considering for job prospects (future growth and now)

I'd suggest sticking to Auckland or Wellington. Unless you know the regional areas well, and more importantly the future job prospects in the regional towns, then that is a risk i think better avoided. Of those two Auckland is less of an earthquake risk.There is a gradual population drift north, so Auckland is always a good bet.

Great question..hopefully some who have invested can answer

Wow, great read. Thanks to BB – and others who contributed…to think it only took about a month to read through the entire thread.

At 35% occupancy and $100 pw per unit= 0.35 * 52 * 384 * 100 = 698880So divide by 5M. Gives a return of 13.97% Pays for itself!! and only 531 people have viewed the oppurtunity…..Does kind of beg the question – why did the occupancy really drop from 85% to 35% in one year…surely there is another facor in play than the stated —owner is…[Read more]

My partner is English – but not a property investor.Her immediate comment in regards to UK property is NO. She advises that tenants seem to have more rights than landlords, "Squatters Rights".I haven't looked into it, but she describes it as someone who lives in your property, pays no rent, trashes it. In addition although you can eventually…[Read more]