Hello everyone.
If anyone has seen my diary, I am planning to buy at least one propety in NZ in the coming year. To get the loan I need to borrow at least US$100,000 on one property only. It seems a lot for one house in NZ, but maybe not enough for a block of flats or something similar. Rather than big rental returns I am looking for something that will grow a lot in the coming year(s).
I would appreciate any advice as to what the best strategy might be.
My online investing diary: http://retireyoungandwealthy.blogspot.com/
Hi TokyoJoe,
There are plenty of houses in NZ in that price range and lots in higher price ranges.
Perhaps look around Taupo area.
I wouldn’t mind having your dilemma!
Goodluck,
Del
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