The process of buying a property in New Zealand is not complicated, but it is involved. There are a number of steps and it’s important to know what happens and when so you can be confident and get it right. the purpose of this article is to give you an overview of the steps of…
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In Short It goes like this – say your rental income off a property for a year was $40k, and the expenses such as interest and rates and repairs and maintenance were $60k. That would mean there would be a $20k loss on the property. We’ll also assume you earn $150k before tax each year.…
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Client Brief: Kiwi expat living offshore wanted to start NZ property portfolio. However needed guidance as to where to buy, and needed on ground expertise. E+O delivered turn key solution – from advising where to buy for maximum capital growth to the finished, renovated and tenanted result. Purchase date: March 2009 RV: $350k Purchase Price:…
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