LANDBANKING OR LACK OF GOVERNMENT INITIATIVE

Posted by developer
On March 4, 2020
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The front page story that appeared on today’s DomPost (28 March 2017) highlighted the city’s escalating housing crisis. I had the privilege of being part of four open homes in the Northern Suburb last Sunday and observe prospective buyers in their quest to find that perfect house. There is still a huge demand for houses […]

THE IMPORTANCE OF CHOOSING A RIGHT BUILDING TEAM

Posted by developer
On March 4, 2020
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The construction of a three-bedroom home with an attached granny flat (with two bedrooms) that begun in late May 2017 is progressing very well. Thanks to the builder and his trusted contractors everything is going according to plan and thankfully the cost is well under the initial budget. Surely a nice little saving to treat […]

MY 2011 HOUSE FAILED THE WELLINGTON RENTAL WOF

Posted by developer
On March 4, 2020
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When the Wellington City Councillors unanimously approved the voluntary Warrant of Fitness (WOF) for rental properties, I believe they had good intentions. In yesterday’s Dom Post (Wednesday 18th Oct 2017), a story reported that only two landlords have taken up on the offer to apply for a rental Warrant of Fitness inspection. One of them was me! I […]

HOME AND INCOME RENTAL PROPERTY

Posted by developer
On March 4, 2020
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It was a memorable moment last week when one of my clients took possession of a home and income. I fondly recalled the time I purchased my first property for rental in November 2002, it was a home and income located in Karori (Wellington suburb). My sole reason behind purchasing a home and income as […]

GREAT NEWS FOR FIRST HOME BUYERS.

Posted by developer
On March 4, 2020
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Ten years ago Lehman Brothers collapsed and that was the start of the GFC. The US housing market collapsed and the complex derivative which was made up by subprime mortgages went into a tail spin. The target driven greedy and incompetent bankers were bailed out using tax payer’s money but millions lost their job and homes in […]

BUILDING YOUR HOME – IS REWARDING!

Posted by developer
On March 4, 2020
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Between now and Christmas four of my clients will be embarking on a house building project while another will be taking possession of their newly built home just before Christmas. As for a personal project, the home I was building in the northern suburb is approaching completion. Building your own home can be a truly […]

BE SMART WITH YOUR MORTGAGE

Posted by developer
On March 4, 2020
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It’s an easy mantra to remember – the faster you pay off your mortgage, the quicker you will attain financial security. For most of us mortgage and tax repayments are the biggest onus that one must endure. I have handled plenty of queries with regard to best interest rate on offer but the important question […]

GFC – TEN YEARS – BANKRUPTCY

Posted by developer
On March 4, 2020
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A HOME TO COME BACK TO.

Posted by developer
On March 4, 2020
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The Turner’s approached me after securing a piece of land in Lower Hutt. The land was a steep section with bush on either side and has an excellent view of Wellington’s outer harbour. They did all the leg work to ensure that the design of the house meet their living requirements, maximising the views and the space. […]