The new association rules imposed by Parliament are affecting many business concerns that deal with real estate development and construction of multi-family housing. Take a look at how these rules have changed rental property policies in New Zealand and how many of the loop holes previously found to bypass the government's regulations have now been closed.Change of UseChange of use is one of the new association rules affecting property owners...more
Have you heard of the proposed Real Estate Institute of New Zealand agreements for selling and buying property? This agreement is expected to be put in place soon and it may affect the business activities of property investors.Current RegulationsIn the past two decades, a standard agreement has been used for recording the purchase and selling of real estate in New Zealand. This agreement was a joint production of REINZ and the Auckland District...more
For many married couples, one partner is involved in a business whilst the other is not. It is rather surprising but quite common that both spouses are named as personal guarantors to financial institutions and other creditors for the business.The truth is such personal guarantees are rarely a requirement of a contract and in case of default, the couple will lose everything.So why do most lenders ask both spouses to be named as guarantors? Simply because they can. The lender is doing what is best for the company, not what is best for the married couple. The best thing to do is refuse to allow your spouse to be involved. This way at least one of you is not liable for the debt.With a business entity set up as a trust, this has no negative impact on the ability of your spouse to recover property in the case of divorce or death. There is no financial impact to your spouse, but risk is greatly minimised.Property InvestmentIn the case of a couple who wishes to buy property for investment purposes, consider carefully whether or not both spouses need to be included on the financial documents. For instance, if you work and your spouse does not, or you alone earn enough income to qualify for...more
Are you part of a double income no kids (DINK) household? If so, your wealth and financial considerations are different. Consider this case study for determining if an investment property may be the best option to grow your portfolio and avoid facing excessive taxes.Case Study: the JonesesA typical DINK couple, Mr. and Mrs. Jones are both employed...more
What are economists saying about the future of New Zealand's economy and how does this affect the decision to invest in property?The question many potential investors have is whether or not the housing market has reached bottom yet. Recently it was stated that the industry has declined 12% over 2007 figures. Some pundits have said that it could go...more
When was the last time you threw away a working Promotional Calculator? People just don't dispose of such a practical gift which is why you should consider using them for your next promotional merchandise purchase. They are used at home, at school,in the office and on the move. How many times can you say that about a promotional item?1 Promotional Credit Card CalculatorThe Credit Card Calculator was one of the very first promotional calculators on the market. It was seen as a trailblazer at that time because it was so compact. Yet the size of the model did not stop it from being very powerful nor from having most of todays functions. Banks and insurance companies were the top users, they gave tens of thousands away with enquiries and in their retail outlets.2 Giant CalculatorsThese make great promotional gifts because when they are on your desk you can't fail to see them. Also if they got lost under a pile of papers or magazines they can easily be found. Strangely enough they are usually very basic and don't have a lot of the sophisticated functions of smaller models. This is to do with the size of the numbers and the electronic circuits with the calculator.3 Novelty...more
Is this the best time to be investing in New Zealand real estate? The answer depends. Take a look at both the pros and cons regarding the current market before making a decision to tie up capital funds in property investment.The ProsFor one thing,...more
In some workplaces, the mention of team development leads to groans and unhappy mumblings by the employees, and it is clear then that these people have had unhappy experiences with this idea previously. However, team building can and should be fun,...more
Chris Carpenter - Master of PPC Marketing? In 2002, Chris Carpenter, an online marketer now, was no different from a normal employee who worked nine to five at a little firm. Like many others, he had a financially difficult life, until he noticed...more
Just like any passionate relationship, you need to love your business. That love gives you the energy and passion to keep your attitude positive and optimistic. There are many factors that contribute to the success of a business. But attitude is...more
The eBay business can be most likened to an online flea market. But, as with most flea markets, there is always the possibility that questionable hawkers lurk around the corners. Therefore, there must be rules in place to insure that the auctions and...more
The CARS Act or Car Allowance Rebate System Act is colloquially known the 'Cash for Clunkers' program in US. The programme officially commenced on July1, 2009 and ended on August 24, 2009. It had been introduced as a $3 billion US federal scrappage...more