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Updated over 5 years ago,
Greetings from the new guy. Auckland, New Zealand
Hello from New Zealand!
My wife and I, both in our early 30s, are excited to be looking at a future in investing property. We have yet to buy our first home, so will be searching for a both a property to live in and one with potential for helping us to buy more. We will be focusing on property rehab and buy to rent.
Funnily enough, it was a review search on a get-rich property seminar (that had a few scammy elements) that made me stumble across BP. Thanks Legacy Education! If anyone wants to know about our experience with them, give me a bell.
The coming months for us will all be about research, and then more research. We have a lot to learn, but it looks like BP is one of the best places for the knowledge needed. We also want to give back, documenting our successes and lessons learned over time which will hopefully help as waypoints for those starting off, particularly in the New Zealand market. Two things I find interesting here, one is the caveats with using Kiwisaver (similar to 401(k) plan in US) for first home buying, the other is the skyrocketing Auckland property market. While both used to scare me, I'm confident they can be used well if the cards are played right.
Happy to be joining the community, Kia kaha.
Tristan