Finally taken the advice of countless hours of podcasts!

[Simon Kearns]

So here goes nothing!

I have been listening to the podcasts for the past year or so, and so it seems that might be a great place to get some help!

I want to own a few houses that rent so that i can be financially secure. I want to do it in NZ but im currently living in Qatar so im nervous about investing in something i cant easily be involved with personally. I had a dream 8 years ago to get a flat and have it rented out and have someone else paying down my mortgage and with whats happened with the Auckland market and currency im kicking myself that i didn't!

I dont really know whats the best thing to do, im thinking at the moment save money whilst im here for a deposit then when i move there in about 3 years to start when im there and feet on the ground.

I know that this site is largely based in the US but any help would be huge. 

Thanks in advance

Simon

[Bill Gulley]

Simon, your first sentence summed it up, learning with podcasts and "here goes nothing"! I have no clue what is legal or ethical in NZ, much will be same or similar due to international business and accounting requirements. 

There is a saying in RE, "All real estate is local" so you need to learn the basics of real estate in NZ before trying to deal in real estate.

You're going down a very rough road trying to learn RE out of country, then deal in another country. 

Just remember, when you have to rely on other people your investment risk increases.   :)