All Forum Posts by: Surjeet Jubbal

I too agree that we should have a group dedicated to NZ. 

Looping in @Troy Purcell on this conversation as he's Wellington based :)

@Brandon Turner and @Joshua Dorkin is there a way that you guys can help us setting up a dedicated New Zealanders group on BP ? 

BiggerPockets is getting popular here @NZ :)

Finally someone's talking about New Zealand here.. love it :) @Kevin Estey wondering if you could share your tips on how you're buying/selling stuff while living in Wellington ? Would love to hear your thoughts as I am Wellington based too..

Thanks James for your input.. glad there's someone out there who's from NZ :)

Sure.. I will keep you posted.. btw, how is the market in Auckland.. looking at Trademe, it appears that the prices are skyrocketing and you seemed to have bought a property already.. could you share some experience of yours and where did you invest ?

Cheers

Sj

Hello Folks, I've recently relocated to NZ and had started looking into buying an apartment or house (2-3 bed).. based on what I've learnt from BiggerPockets is that you're better off with 2% Rule to remain profitable. Now the problem that I see here is that an average property is around 330k - 370k (nothing less) for a 2 or 3 bed apartment. The rents on an average is about $350 -$425pw depending on the location and amenities... wondering how should one approach to investing in a market like this where you can make only 1% ? And then you have this 50% of expenses :(

wish you guys would've thought about Windows Phone too :(