I think the opportunity with storage units is in building them from a bare site. (Think 100 units) Finding the right location and right market to...
Just start. Trust your own instincts and reasearch even if it goes against what everyone else thinks. Stop giving yourself excuses. Have a plan...
Not qute there yet I have more to buy. I also have 2 develpment sites in the same street.
Yes. It is a working class area walkable to central city. It has increased in value over time. Zoning has recently changed so you can build 6...
I have bought 7 in the one street, All private sales and build on the backyards of 3 of them. This is over the period of 15 years. Some I have...
I used to stress about debt particularly when it was really high (to me). I then realised that I was not the person paying the debt. This gave...
I would like to attend. cheers
I found it very interesting. As I am in NZ it was interesting to hear the experiences of members in Oz. Very similar to NZ with regard to...
I would like to attend,
Tenants job is to pay the rent as per the agreement not assess my financial position. I had a tenant say to me very recently- Do you realise I...
I think you need a combination of both. Starting off you need to develop to accelerate capital growth. This enables further borrowing more...
If it is cashflow positive it is still worth doing. The long term view is that the rates will stay low. The opinion being floated here is that...
You cannot claim interest as an expense on anything under contract after Mar 27 2021. However for current properties there is a phasing in period...
Inland revenue department. Ie Tax dept. You are correct re deposits for own home and rentails. I have recently reshuffled my security with the...
I am in New Zealand and have a few rentals. The interest I pay now is approximately half of what I was paying in 2015. I have IO loans. I have...
Is the door coming away from the hinge or hinge coming away from door frame? Check the gap (margins) around the door to see where it is tight.
I would like to be on the call.
I use Lines of Credit that were secured a few years ago. Combined with properties that are positive cashflow it works in this tight finance market.
I love creating solutions to problems. I have a build underway on the backyard of one of my properties. This will then be subdivided into 2...
Not great for investors in NZ. It is really hard to borrow money once you have over 4-5 properties. Banks turned me down for a refinance of...
Separate names with a comma.