Hi guys, I have recently returned from a 5-month trip overseas and on my return, decided that I would resettle in Auckland. I have a house in Auckland which is tenanted until the end of May (or earlier, if the tenants find something beforehand). I start work in Ponsonby next week and am...

An American decided to write a book About famous churches around the world... So he bought a plane ticket and took a trip toOrlando, thinking that he would start by working his way across the USA from South to North, then into Canada and on to the rest of the world. On his first day...

Hi Just wondering how many of you are involved in partnerships for buying property and do you think its a good thing? For example, if you have time on your hands and have the skills to work on houses but not in a position to finance the deal, then you would look for someone who has money...

*Regulation of smart meters ruled out * By COLIN ESPINER - The Dominion Post Last updated 05:00 10/03/2010 Energy Minister Gerry Brownlee has rejected calls to regulate the installation of new "smart meters" in homes. He said yesterday that he...

Is it a good decision to buy a property at this time ?

Hi all, long time lurker here, hoping for your 2cents worth. I own and live in a 70m2 2 bedroom house on a cross lease section (half of 940m2) in Konini, West Auckland. I've been contemplating adding another double bedroom and extending the lounge, all up adding 20m2. I just want to know if...

Hi - I've had two sets of french doors made by a backyard operator who although cheap and good doesn't offer delivery. Can anyone suggest the best way to have these shifted - I spoke to a Hiab guy who didn't seem too keen as they would be lying down on the truck and he was worried they would...

What's Palmerston North like for real estate investment? I went to uni there for 3 years and half decent flats that are reasonably priced are always in demand by Massey and UCOL students. I lived in 2 flats and they seemed alright. The houses are quite cheap too, when comparing to other student...

Hello all, I have the opportunity to add an in/out driveway to my property. It's not a busy road - quite the contrary - but it will make the manouvring of cars and towed boats all the much easier. It's not an estate where there's a ton of land and a sweeping driveway around a large tree,...

*Landlord war tipped as vacancies rise * By FELICITY WOLFE - Waikato Times Last updated 12:11 09/03/2010 A landlord battle could be looming, with high levels of vacant commercial property around Hamilton and a number of commercial projects due to be completed over...

*Retrospective land tax to hit Queensland property investors * * Steve Greenwood * From: The Courier-Mail (http://www.couriermail.com.au/) * March 07, 2010 12:00AM * 88 comments...

From Tony's latest BNZ Confidence Survey. *Real Estate – Residential* • Real Estate - Central Auckland. Once the government announced there would be no Capital Gains Tax, Land Tax or Stamp Duty, things got very busy again, after a very quiet January, February has seen a sharp lift and March...

*Worlds collide in extreme sales* *4:00 AM* Monday Mar 8, 2010 Image: http://media.nzherald.co.nz/webcontent/image/jpg/anderson_220x14739268.jpg *Not quite a one-horse town, Murupara has some of the most affordable housing in the country. Photo / Rotorua Daily Post* ...

*Making cents* *4:00 AM* Monday Mar 8, 2010 Ever confused by the stream of announcements on house prices and how they're rising or falling? At times, it almost seems prices are going up one week and falling the next. What's going on here? It all comes down to how you...

*Trying times* *4:00 AM* Monday Mar 8, 2010 Image: http://media.nzherald.co.nz/webcontent/image/jpg/hamilton1_220x147.jpg *Hamilton city. Photo / Kenny Rodger* When Auckland, followed by Wellington, Christchurch and Dunedin, began to wade out of the...

Hopefully I can explain this logically ;) Is there any way to simplify the private sale of a property inherited by two families. One has 5 family members, 1 of whom lives in Australia and the rest scattered around N.Z. The other family has 2 members 1 in Australia and 1 in NZ. The families now wish...

I'm sick of the lawyer who set up our family trust taking his sweet time to getting around to approving transactions I recommend for the trust. Taking 3 week holidays without telling me first is also getting annoying. He charges like a wounded bull also. Anyone have any good advice or...

Hello, Can anyone point me in the right direction thus: A home I bought 9 years ago from new has developed a leak in the shower base. Is this a possible leaky homes claim - as my understanding is that the leak needs to come from outside to qualify for this? The home does not leak in that...

Hey, Im off travelling (OE) for a few months and want a couple of good books to read in my down time (airports / buses etc). Im after any suggestions for good investment / money management / property investment related books. I have recently been in the computer rooms / home offices of a...

Hi everybody May name is rabica.I've just joined this forum and I would be glad to offer free advice about Real estate.

Hi All Total N00B here. Has any one had any experience with the Circle Group? circlegroup. co. nz Good, bad or otherwise? Cheers

Andrew's just had a call from TVNZ who will be covering property on their 1 hour news show tonight. http://tvnz.co.nz/news-on-tvnz-7/news-tvnz-7-1630724 Will be interesting to see what they bring up on a longer news show.

*Auckland facing "rental crisis" * Published: 7:32AM Monday March 08, 2010 *Source: *ONE News Image: http://images.tvnz.co.nz/tvnz_images/news2008/business_generic/housing_151208_2.jpg Source: ONE News An Auckland property management company is warning the city could soon be...

Hi guys, anyone owns apartments along broadway, newmarket? the one white building behind the shops. is it good?

Hi, We are going to mediation tomorrow as tenants are 3+ weeks behind in rent. Why mediation before TT I don't know but this is the route we have to travel. How do we get immediate termination of tenancy at mediation? What are the steps? Stopping rent payment was in retaliation of me giving 42...

Hi, We have had a tenant in one of our property managed rentals since December 2009 and although they receive their rent from WINZ, they haven't been paying it to the property managers. We have an eviction date - April 06 - but just wondered, as we will be about $3500 out of pocket, do we have...

Perhaps the Government doesn't have to try to catch up with wages in Australia. John Keys said ---Quote--- "I want to close the wage gap with Australia. We haven't yet kept the promise I made to New Zealanders in 2008 that we would increase New Zealanders' incomes to those of Australia."...

I am selling our house privately and I have an interested cash buyer. But they are being told by National Bank (and some others that they checked with) - because its not being sold thru a real estate agent they have to have a valuation done. Not to support their offer - just for "security" ...

Hi All Just curious to hear if anyone out there went to the Property Tutors 'Apartment Master' seminar over the weekend. did they try to put some hard sell on?

This is a question I hear a lot when I discuss our property portfolio with friends but before we go into the details we must remember some very valuable advice that John Fitzgerald from Custodian Wealth Builders gives us.

http://www.thedailymash.co.uk/news/business/nostradamus-predicted-2010-'would-be-bad-year-for-buy%11to%11let'-201003052532/

Ratchet clauses in commercial property leases are something tenants love to hate. That's not surprising because the implication is that with a ratchet clause, rents always go up at the time of a rent review. The ratchet clause in a lease is often that; a set in concrete element of the lease that means landlords can and will automatically ratchet up a rental when it is time for the lease to be reviewed. Just this week I was told by a tenant that the landlord was trying to...

The year 2008 will long be remembered as the start of the Global Financial Crisis which was triggered by defaults in sub-prime lending in the US and a downturn in the housing market.

Total mortgagee sales for 2009 reached a new record level with 3,024 registered sale transactions where the sale was a mortgagee sale. This annual total was more than 3 times the number of sales in 2008 and more than double the highest prior year (2002). If for ease of assessment these sales were all of properties [...

2009 will probably go down as one of the most difficult years in Mortgage and Property terms. Many Brokers shut shop and Lenders made things very difficult for those with small deposits and the self employed.

Valentine’s Day is usually spent taking a romantic vacation with your significant other or spending tons of money creating the perfect day. Like many you can end up spending hundreds of dollars for one day.

I'm predicting the commercial tenancy market is about to become a bloody battlefield as times get really tough for investors and landlords managing commercial property portfolios. There are five key factors that will cause this warring between landlords...

One of the fundamental principles of managing money is that time and money are inextricably linked. People who are successful at creating wealth are those who understand the connection between time and money and use it to their advantage.