NZ Property Investor

MOVING UP

Fiona Baker has been an investor for nearly 20 years. She usually chooses older homes: “the ones we can afford always need renovating” she laughs. And the 1930s Hastings home she and her husband Neville Baker purchased last October was no exception.

They had 15 buy-and-hold properties already, and weren’t looking to buy another house, but were alerted by a real estate agent friend that there was a place they might be keen on.

“They called me up and said “You might like this one”, so I went to see the property,” says Fiona.

Located in Charlotte section – a house that had been built in the 1990s out the back, and a four-bedroom, tumbledown old place in front that had potential in spades.

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