Archive for the ‘NZ’ Category

How to use the Property Investment Calculator

How to use the Property Investment Calculator. Or How I saved $28,000 on my first investment property in NZ.

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Transferring money with OzForex

Or – How do I send my money to NZ and not get ripped off?

Simple – Use a currency transfer service like OzForex.

If you’re like me you may have had to make a currency transfer at your local bank branch. You’ll know what a pain is can be. Not all the staff really know what is going on and they can’t really help you if you haven’t got ALL, and I mean ALL your i’s dotted and t’s crossed.

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NZ Rental Property Opportunities

Back in December 2011 was the first time I had set foot in the shaky Isles, New Zealand.

I had set forth and a three hour tour with Gilligan and the Skipper…no!!…..

But seriously… I set out on a trip with like minded investors, members of the Results Mentoring 2011 trip to New Zealand’s north island in search or positively geared residential real estate.

I ended up purchasing 3 homes as a result and you can see the updates here.

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Buying rental property in New Zealand

In December 2011 I’ll be off to New Zealand in search if cashflow positive residential real estate.

Along with like minded investors and coaches from Results Mentoring we’ll be visiting the regional cities of Wanganui, Rotorua and Tokoroa.

The plan when buying investment property is to look for residential homes that will appeal to a wide range of renters, making it fairly simple to let. Currently in regional NZ the yield on entry level residential properties can be in excess of 10%. This considered high in terms of average yield for the area.

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