VISIT LANDLORDS.CO.NZ
Property News is an email newsletter specifically designed for kiwi property investors

| Property News | Investment Gems | Stats | Blog | Books |

Losing lustre

Friday 3rd July

Hi

One of the more fascinating stories for property investors this week has been changes at formerly high-profile "education company" Richmastery.

This story reports on a restructuring where the business is transferred from one company to another and the former company is put into liquidation.

Richmastery is one of those organisations which attracts a fair bit of criticism; Often it is labelled as promoters of "get-rich-quick" schemes and even the word "spruiker" has been attached to it.

No doubt some of the criticism is well-founded. Other bits are tall poppy syndrome, or just competitors taking a free-hit.

Finish reading my blog here and don't forget to post your comments.

Have a great week.
Warm regards
The Landlord



Latest News

Auckland home sales rise in June as prices dip
Auckland home sales extended their gains last month, suggesting confidence in the sector is beginning to stabilise, according to real estate firm Barfoot & Thompson. View More

Record numbers of auctions
The shortage of real estate listings in cities around the country has seen record numbers of home owners auctioning their homes. View More

Associated persons "tests" relaxed
Far reaching changes to associated persons tax rules have had some of the sharp edges removed from them - but the thrust of the changes remain. View More

Unit Titles Bill makes management easier
The Unit Titles Bill currently before Parliament's Social Services committee will make setting up unit title developments easier and more flexible. View More

Building approvals climb again, helped by rates
New Zealand home building approvals rose for a second month, spurred by consents for apartments, stoking optimism the central bank's policy of record-low interest rates and a pick-up in net migration is reviving demand in the property market. View More



L A T E S T   H O T   L I S T I N G

Brick and Tile, 2 bed unit, 62k Below Rateable Value

Manurewa: $217,250
Front unit, 1 of 2. The rear unit is owner occupied, same owners for more than 20 years and in immaculate condition. Central location, easy 0.5km walk to Train Station, Manurewa CBD.
[More]

Do you want to receive a news feed every time a new Gem is added, direct to your inbox? Click here to subscribe


Reviews

buy software nowSave Money on Your Mortgage
By Martin Hawes $30.00

Best-selling Kiwi author Martin Hawes offers invaluable guidance towards beating the bank at their own game.

This latest edition of Save Money on Your Mortgage has been updated and revised to meet the constantly evolving needs of new home owners and anyone currently paying off a mortgage.

Save Money on Your Mortgage is an absolute must for every home owner, and could literally save you thousands of dollars.

Buy software now



Ask an expert your question

Do you have a burning property investment question you need answered? Click here to ask now.

The latest Q&A's are:
# Will the banks reduce the longer term rates?
# How should I structure an investment purchase?
# How do I define rent increase?


Have you checked out our Ask an Expert archive yet?



Diary

Several Property Investor Association meetings take place next week. Be sure to check out the details in our Diary page.

Have you registered for the Property Conference 2009?
This year NZPIF have a compelling line up of property speakers:
Learn how to profit from todays market - Martin Hawes
Market insight and perspective - Olly Newland
Plus many more. Click here to register.

If you want your event to be listed please email info@landlords.co.nz



NZ Property Investor

As one of the most valuable assets for investors, tenants are also the most unpredictable.
In the July issue we tell investors and readers how to deal with problems that arise and equip themselves with tools to avoid tenancy issues altogether.


Make sure you pick up the latest copy of the NZ,
on sale Monday July 6

REGISTER & WIN

Every month we have a new prize for Landlords registered members. There's no cost to join and your name automatically goes in the prize draw each month.

This month we giving away 1 copy of the Cash Flow Forecaster Software valued at $39.95


If you haven't already registered click here.

Landlords Registered Users





Visit our other sites:
www.goodreturns.co.nz | www.sharechat.co.nz | www.sharetrader.co.nz | www.landlords.co.nz

You are receiving this email as a subscriber to the Landlords Property News.
Details to unsubscribe are at the end of this email.
newsletters@goodreturns.co.nz

Tarawera Publishing Ltd, PO Box 2011, Rotorua. Ph: 07 349 1920