Invercargill NZ, is it a good place to invest?

Hi Guys,

We are based in Invercargill now as some of you know. We are still buying in this city and have found that good yields are still available. I suggest anyone thinking about buying in Invercargill jump on a plane and fly down here and or get on the phone and speak with some local agents.

If you are an investor interested in a cities fundamentals you may be pleasantly surprised when you finish your due dilligence.

We could talk about some of the cool things going on down here but we are biased coz we live here and own property in invercargill. Best to find out for yourself.

Cheers

Very interesting idea Dr X. . Will have to give it some thought. In the meantime we are happy to help with any specific problems if you want to pm us as we have good contacts re local tradies and discounted material/second hand materials wholesale paint etc etc the list goes on. Could easily manage small reno’s or get some problems fixed!

There can be a laid back attitude towards management in some of the areas we have invested in and this includes Invercargill. We pencil in a day on the calender or in outlook etc an call each manager every 14 days and more often if there are issues. (you also get all the local gossip which is very helpful when you may not be around)

Generally, we will not rely on email as a form of communication but use it set the agenda for upcoming conversations. Never assume that a phone message has been passed on. The more effective the communication is between you and the manager the better for everyone. Since we have adopted this approach we have not had a single problem and there are no surprise repairs etc.

Cheers