u/fkyoumodss

Is this due to kiwi culture which dreamed for standalone houses?! Whenever I asked question about townhouses in different forums there is a guard against them! Intense disagreement.

What is bad with very new brand new townhouse with low insurance and rate and no maintenance and reasonably priced in very good location near train bus hospital shopping centers etc say in wellington if I buy and rent covers my mortgage and I top up a bit monthly for costs?! I want to cover my risk of not buying house and regret later and my first goal is cashflow whatever it is!

Does anybody know whether insurance covered in body corp fee for new townhouses? I mean is this same insurance that buyers of other houses pay and included in body corp?

Do you buy two bedrooms townhouse around floor 70m2 and all 81m2 in very good location which is rentable and very brand new for investment purpose or 1960s standalone with around 300 m2 overall three bedrooms but not in very good location? Goal is cashflow first. I know initially I might need to top up

Is it easy to rent such a house? Consider it is near hospital school shopping center. Concern about noise?!

Consider you buy a house with 600k price and pay 120k deposit. Internet rate fixed 5 percent fot 5 years consider capital growth of 5 percent yearly for house price.. ignore rate insurance and related costs. How much is your loss profit if you sell house after 5 years?!

I just checked chatgpt as we have principal and interest separately and I want to compare hrrrr to see whether it is correct

I know 5 years is not enough time I know 5 percent cannot be logical assumption of capital growth these days and much worse rate insurance etc but seems to me house is not an investment thing that much anymore!!

If you can save up to 7.5k monthly and have 100k cash and want to buy a house in wellington area do you buy now or wait for larger deposit?

Looking for agents in Hutt area upper and lower to get some advice and keep updated about houses

I have been recently have had pain in the area in photo. Any idea what could I do for that. The pain is mostly when I hand is vertical to arm. I am working as delivery and kitchen hand. Though it is casual part time. It started after 4months of working. It is not bad though

https://preview.redd.it/yfvhb3f6s0zg1.png?width=496&format=png&auto=webp&s=99edb95b685c721a7e052502d54f8adf31de8157

I want to buy a house in wellington area. I might leave NZ after around 4 to 5 years. I am looking at the rentability of the area after leaving as I might need to keep the property for a while before selling as 5 years it might not acquire that much yield.

How can I search for the optimum area and what should I consider? where do you buy if you were me? townhouse or standalone?

Anyone here or any mortgage broker here know the possibility of using nz house as equity to buy a house in AUS? Could we get loan from NZ or AUS?