WRAP's - PropertyInvesting.com

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nzwoody
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@nzwoody
Join Date: 2005
Post Count: 3
April 21, 2005 - 5:04 pm
Are WRAP deals legal in NZ?
If so are they very popular?
Cheers…
RentMaster
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@rentmaster
Join Date: 2003
Post Count: 85
April 21, 2005 - 8:34 pm
I have not done wraps myself but yes I believe they are legal, and no they are not very popular.
Andrew
http://www.rentmaster.co.nz
Software for Landlords
nzwoody
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@nzwoody
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April 24, 2005 - 4:50 am
Has anyone had experience with them in NZ?
If they are not well received – why do you think not? Us kiwi’s can be pretty sceptical about new, prehaps unconventional, methods. Or could be just that the idea has not been understood.
I’m thinking that with the recent increase in home prices that it may now be the only way for many to get into the home ownership market.
Any thoughts……
RentMaster
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@rentmaster
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Post Count: 85
April 24, 2005 - 10:32 pm
You might want to check these links for information on wraps in NZ.
http://www.propertytalk.co.nz/posts327-highlightwraps.html
http://www.propertytalk.co.nz/posts605-highlightwraps.html
They are a bit old, but I think they still applies.
Andrew
http://www.rentmaster.co.nz
Software for Landlords
nzwoody
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@nzwoody
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Post Count: 3
April 25, 2005 - 11:34 am
Thanks Andrew. That’s helped heaps.
muppet
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April 25, 2005 - 12:01 pm
Hi NZWoody
You could also check out http://www.empowereducation.com as they have a couple of articles in their library about wrapping in NZ.
Regards