What is happening with the Current NZ Property Market

Back in January 2011 I asked the question “Is this the optimum time to be buying property investment?”

I mentioned that I don’t have a crystal ball, but what I can share with you is my personal view about what I see happening in the current market.

So, to start with, unfortunately no one could have predicted the devastating earthquake that struck Christchurch on 22 February 2011 and shook the economy and shocked most of New Zealand.

The Christchurch property market is recovering, especially the suburbs at the west, north, and

Going into negotiation is like playing a game of chess.

As an Investors starting point ideally you want to be a cash buyer or as second best pre-approved.
First you need to know your criteria and price range and understand your pre-approval conditions if you have any.

If you are a cash buyer or have a strong pre-approval it is best to carry out your Due Diligence first and then move in with a cash unconditional offer with deposit attached at 10%. This is the strategy I would use if there is an agent involved, then the deposit would be payable

When you decide to make an Auckland property investment, you want to use your money as wisely as possible. This means finding a New Zealand property investment that will bring you the greatest possible return. You may use the property for rental income, or go for the windfall through house flipping or adding value. This article will give you four tips for making the most out of any property investment in Auckland. At the end of the article, we will give you the name of a company that can help you find success with your New Zealand real

I Personally started in 2008 researching the US market seeking greater Cashflow than the NZ Market can offer; As a starting point I would recommend anyone who considers buying in the States to learn the lingo and cost involved with Buying and selling a property.

In some states a buyer is required to pay Transfer Tax that can add up to thousands of $$ on top of the Purchase price.

One more thing to consider is the closing cost 1%-3% of Purchase price.

It is also important to learn the ZIP codes of the area you wont to invest in as

Hi Team,

I hope you all had a great Holiday and New Year, and have enjoyed having some time off.

If you are like me, a property investment enthusiastic you would be setting your goals and strategies for 2011.
For me 2011 is a year to look forward to and not only due to the Rugby world cup, but a year of great property opportunities.
I’m personally planning to further expand my property portfolio and take advantage of the current time.

As you know buying the right Investment property require alot of hard work with chasing the Deals and researching the markets one is

Hi Team,

I have put together a list of questions to ask a prospective property manager, if you are considering hiring one.
If you, like me, own properties in various parts of New Zealand or the world, then Property managers are essential for keeping the portfolio professionally managed with maximum returns.

Ha, and lets not forget, if just like me you would rather chase the deal then the tenants or maintenance.

I hope you will find this helpful:

Questions to ask a Property Manager before you hire them.

1. What is your fee structure?

2. Do you charge an inspection fee?

3. How many properties do you

This is my 20c worth of Tips:

1. Traders Hot Tip: Have good relationship with the professional on your team: you’re Solicitor, Accountant, Mortgage broker and Valuer especially. Also it is important to have good relationship with a good property manager who knows the areas you target. This property manager can advice you about achievable rents and the current rental demeaned and level for that particular area and type of property. The occasion lunch a bottle of wine when you receive extra attention can go long way.

2. Always buy a property which you can add value too like: Under rented

Hi Team,

I recently notice an increasing number of client who team up with fellow investors to create a Joint Venture, this enable all parties to pursue their financial goals. This encourage me to write few words about Joint Venture.

As a property trader I come across quite a few clients who use joint venture to achieve their real estate goals.
JV is very common in today’s market when finance is harder to obtain, many investors have issues with lack of income or deposit.

The key for investors who are interested in doing JVs is to find a partner who has what