Investing in New Zealand

[Jeremy Christian]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $120,000
Cash invested: $12,000

I purchased a two-unit property in small-town New Zealand. It was formerly used for government housing. I wrangled the paperwork, divided the property into two titles, and sold off one unit. Not only did I pay off the entire loan, but I also had $40,000 leftover and a rental property producing weekly income (covers my petrol bill!).

[Dean Letfus]

Watch your tenants in Tokoroa @Jeremy Christian, my son lives there, it's a rough town these days.