Flipping houses, also known as property trading, has become increasingly popular in New Zealand. It may seem glamorous and lucrative, but it’s important to navigate the potential pitfalls.
Category Archives: Business Advisory
Wellington Accountants: Understanding Development Finance: Financing Your Property Development
Development finance refers to the financing of residential, commercial, and industrial property developments, including construction projects. It typically involves obtaining loans for land purchases and staged payments for development costs.
Wellington Accountants: Avoiding Common Property Development Mistakes: Tips for Success
Property development is not without risks, but with proper preparation, you can minimize potential pitfalls and increase your chances of success.
Wellington Accountants: Essential Skills for Property Developers: A Comprehensive Guide
With the imminent changes to housing density regulations, many New Zealanders are considering venturing into property development. However, property development is not suited for everyone, as it requires a specific set of skills.
Wellington Accountants: What Is a Mortgage Broker? A Comprehensive Guide
Discover the role and benefits of a mortgage broker in New Zealand. We provide detailed information on what mortgage brokers do, their advantages, potential drawbacks, and tips for finding the right broker for your needs.
Wellington Accountants: Essential Facts about House Insurance You Must Know
Understand the key facts about house insurance to ensure you have the right coverage. We provide insights into policy coverage, exclusions, changes in circumstances, cost factors, and money-saving tips.
Wellington Accountants: A Comprehensive Guide to Conveyancing in New Zealand
Whether you’re buying or selling property in New Zealand, understanding conveyancing is crucial. Discover the process, find the right professional, and learn about fees in our comprehensive guide.
Wellington Accountants: Understanding Rateable Value: Differences from Market Value and Calculation Methods
Learn about rateable value in relation to property assessment and council rates in New Zealand. Discover how it differs from market value, factors influencing rateable value calculation, and methods to determine your home’s market value.
Wellington Accountants: Leasehold Property in New Zealand: Pros, Cons, and Essential Questions
Discover the pros and cons of owning a leasehold property in New Zealand. Learn about the differences between leasehold and freehold, understand the risks involved, and find essential questions to ask before making an offer.
Wellington Accountants: Understanding New Zealand Property Types: Freehold, Leasehold, Unit Title, and Cross-Lease
Discover the pros and cons of different property types in New Zealand, including freehold, leasehold, unit title, and cross-lease. Understand ownership rights, restrictions, and potential risks to make an informed purchasing decision. Learn about financing options and frequently asked questions about each property type.