Property Investing 101
As of October 2007, I own absolutely no property in NZ. Zip. That's all about to change however and I am creating this blog to track my climb from rung zero on the property ladder. I hope others can learn from my experiences, successes and mistakes and I welcome any questions or opinions you might have along the way.

Happy investing and if you find my posts useful don't forget to plugg my posts or drop me a comment to let me know!

90 BLOG PLUGGS

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So now that I'm unconditional I need to find a bank to lend me most of $617k. Note that you don't really want to go unconditional unless you're sure you can get finance from somebody......

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It's been quite some time since I last posted... last post I was doing my due diligence and as you can tell from the title of this post, I've now all but purchased my first property...

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I'm down in Dunedin now to check out the property. Things I've done so far include:- Inspect the property- Arranged for the valuer to go through this afternoon- Arranged for a property...

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The vendor accepted my offer at 630k! I must have scared him off with the threat that I'd take his new whiteware.. haha! I'm pretty happy with that at the moment, since I know he bought...

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Offer 1 - 11 b/r rental property with over 11% yieldThe agent rang me last night to say the they've been squeezing the vendor hard but he basically has a line, below which he will have...

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Offer 2 - 4 flat propertySo I put my offer in at 605k, vendor counters at 650k and I'm thinking great, he's knocked 10k off already. The agent is getting all excited and says "We...

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So I've put another offer in (a counteroffer) this afternoon... and also found another property so waiting on the real estate agent to fax me through a Sales & Purchase agreement...

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There are loads of tools out there to help people with their property hunting, so I thought I'd share what I am using to find/analyse property deals. This is certainly not a comprehensive...

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Well as I'm sure you're aware... property investing or any investing for that matter, is all about the numbers. On a recent 3 week holiday to Malaysia we checked out quite a few properties...

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I live and work in Wellington, so it may seem a bit strange that I'm looking to buy my first property all the way down in Dunedin. There are a few reasons for this...1) I grew up in...

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So having got over the disappointment of my rejected offer, I'm now turning my attention to another property I'm negotiating on in Dunedin.This property is a 1900s building that has...

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So today I was involved in what is called a "multiple offer" situation. That's when multiple people are interested in the same property and you're advised to put in your best...