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    Receipts at tax time?

    Have any other of you investors noticed that those receipts that you get from the electronic tills are very similar to fax paper. In that they fade extremely quickly and become immpossible to read. Obviously this can lead to difficulty compiling your returns at the end of financial year if...
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    Richmastery/ Esc forum

    Recently I see ESC/ Richmastery has started there own forum on property investing. I decided to register ( geeze what a mission that was) and join in. I have since come across a couple of problems. 1- They claim to be one of the largest and active property forums in Australasia. Currently...
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    loan to value ratios?Poll.

    With respect to your PPOR and Investment properties what LVR does everybody have? Add up value of all mortgages as a ratio to all properties owned. this should prove interesting with respect to age also.
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    Light bulbs blowing??

    Heres a question for the forum electricians. My tenants have been in our Ip for 8 weeks now and mentioned the have gone thru a qty of 4 light bulbs in the hall way so far. there is 2 batten holder lights in the hall using standard bulbs which both operate when turned on by either of the...
  5. W

    Helping kids buy property.

    I was wishing to help our kids out in the future with getting started in there first home. As this forum shows the sooner they get started the sooner they build wealth. Prehaps I could offer them a deal that we as parents will match any deposit they save for the purchase of there first home...
  6. W

    Helping kids buy property.

    I was wishing to help our kids out in the future with getting started in there first home. As this forum shows the sooner they get started the sooner they build wealth. Prehaps I could offer them a deal that we as parents will match any deposit they save for the purchase of there first home...
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    bathroom fan placement?

    Where would be the best location in general to place a extractor fan ( no light included eg tastic) in a bathroom? I realise the room shape could determine exact area of placement. I want to get rid of condensation. I have seen them placed directly over the shower and in others in the...
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    warning old electrical wiring

    just thought i would point out a fact on old electrical wiring in houses. It was common practice in NZ decades ago to install TRS wiring into property's. This is a type of electrical cable. The problem being nowadays the insulation is extremely brittle and if you have it you need to rewire...
  9. W

    sanding wooden floors

    has anybody tried to sand and seal wooden floors themselves? How hard is the job? Could it be attempted succesfully by an amatuer? The reason i ask is the property we are to do a minor reno on has wooden floors which are uncarpeted and unsealed, but in good condition. The area we are...
  10. W

    due diligence clause

    I am in New Zealand and wishing to place a offer on a place. Instead of saying subject to building report , finance , wife etc.... Can i use a general due diligence clause which would cover me for all of this?
  11. W

    nz real estate article

    found this article which Kiwi investors may be interested in. http://xtramsn.co.nz/real_estate/0,,7718-1761849,00.html
  12. W

    Beachlands Auckland NZ

    I am currently building in Beachlands East Auckland New Zealand and have been looking for a place to rent whilst i build. It appears there is a chronic shortage of rental properties at the moment. I am on a waiting list at a realestate agent and am number 30 on the list. I realise that good...
  13. W

    tenant arrear update.

    Well just a quick update on tenant arrear situation which has been previously discussed on our NZ property. We issued a 10 day notice to remedy and came to an arrangement ( over phone) that they could pay an extra $20 P.W untill they caught up. The 10 days passed and no $20 extra was paid...
  14. W

    granny flat insurance implications?

    What would be the implications if say a granny flat or extra bedroom burnt down that did not have council approval? Would the insurance companys pay out? What I am getting at is would we not be better to do the job properly ( get permits etc..) rather than risk the chance of not being...
  15. W

    tenant can't pay rent

    here is my problem. NZ rental. Tenant very erratic at paying rent have had to send a warning notice 6 months ago to pay up. And just sent another out last week for same thing ( 2 weeks behind). Spoke to them and they have said they will keep paying rent each week but are unable to pay the 2...
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    splitting loan into ppor & Ip.

    I am in the process of building a PPOR with Ip attached to it. How do I go about splitting the loan up into PPOR & IP so i can tell them apart? I only have a contract price for the total construction so am unsure on exact cost of IP. Ip is smaller than PPOR so the sqm $rate would be more as...
  17. W

    wtd: cheap builder in auckland NZ

    We are after building a 2 level house including a home and income within it. As i am aware there is many builders out there that offer this. Problem being they all have different specs for base prices. some include carpet,fences, tiles others don't etc... the list is huge. And it is very...
  18. W

    financing to build

    if i plan on purschasing a block of land and then building a ppor on it. land currently valued at half proposed building costs. completion in 6 months. what would be my best options? purschase the land outright then borrow to build .
  19. W

    Beachlands Auckland New Zealand

    :confused: Does any body have any opinions on the beachlands suburb in Auckland NZ for Property investing.
  20. W

    PPOR & move to NZ

    From: Whittaker Hamilton Currently Myself and my wife are living here in Australia and have our property up for sale so we can move back to NZ. It appears it may be take a while to sell as the market has slowed down alot. I was therefore thinking of my options should i wish to move back and...
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