All Topics / Finance / Finance for NZ IPs

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of mjaehrling4339mjaehrling4339
    Participant
    @mjaehrling4339
    Join Date: 2002
    Post Count: 4

    Hi All,

    Can anyone recommend a finance broker, here or in NZ, for NZ IPs? I’m looking to refinance on several properties I have there.

    Cheers,

    Michael

    Profile photo of RussianAussie (QLD)RussianAussie (QLD)
    Participant
    @russianaussie
    Join Date: 2015
    Post Count: 20

    Hello, Michael

    Do NZ IPs have higher yield than AU ones?

    NZD prime rate has been always higher than AUD and it theory it should be reflected in IP yields.

    Best regards,
    Alex

    PS: I can’t recommend a NZ broker, sorry

    RussianAussie (QLD)
    https://www.facebook.com/sanderinoz

    Feel free to write me a message or add me in Facebook to chat about property investing

    Profile photo of mjaehrling4339mjaehrling4339
    Participant
    @mjaehrling4339
    Join Date: 2002
    Post Count: 4

    Hi Alex,

    Average yield in NZ is around 8%, with significant variation dependent on location. I have several, mostly in South Island regional centers. When I was actively buying about 12 years ago yields of 12% were not too hard to find, and 20% was not out of the question. Good deals can still be found, but beware the high rates and maintenance costs on older properties.

    I’ve found a couple brokers.

    Cheers,

    Michael

    Profile photo of RussianAussie (QLD)RussianAussie (QLD)
    Participant
    @russianaussie
    Join Date: 2015
    Post Count: 20

    Hi Alex,

    Average yield in NZ is around 8%, with significant variation dependent on location. I have several, mostly in South Island regional centers. When I was actively buying about 12 years ago yields of 12% were not too hard to find, and 20% was not out of the question. Good deals can still be found, but beware the high rates and maintenance costs on older properties.

    I’d like to invest in NZ p2p loans there via https://www.harmoney.com
    They must have very nice 10-15%+ p.a. returns after commissions and losses
    However, now this website is for kiwis only :(

    RussianAussie (QLD)
    https://www.facebook.com/sanderinoz

    Feel free to write me a message or add me in Facebook to chat about property investing

    Profile photo of Don NicolussiDon Nicolussi
    Participant
    @don
    Join Date: 2005
    Post Count: 1,086

    Hi Michael – try Kris link here http://www.krispedersen.co.nz/ .

    Don Nicolussi | Property Fan
    Email Me | Phone Me

    Learning, having fun and doing it!

Viewing 5 posts - 1 through 5 (of 5 total)

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