NZ Property Investor

PASSION FOR PROPERTY

It’s always fascinating to hear what constitutes a life-changing experience. For Dan and Allena Timmins it was the week they spent working frantically to complete the cosmetic renovation of their first rental property in Rotorua.

They couldn’t afford to have the property empty so they had to get it tenanted as soon as possible. That meant Dan had to take a week off work, while Allena rushed over after her shifts or on days off to get the renovation done. While they managed it, it took 10 to 14-hour days for them to do so.

Still, the couple enjoyed staying in their new rental on an air bed, eating pizza and having fun together, figuring out what they were doing as they went along. In fact, the experience triggered a desire to do it again and, within a short time, they had well and truly caught the property bug.

Fast forward seven years and Dan and Allena have built up a strong 19 property portfolio, largely based in Whanganui which is where they now live with their two young children. Motivated by the desire to build wealth for the future, they are passionate about the powers of property investment

You’re reading a preview, subscribe to read more.

More from NZ Property Investor

NZ Property Investor4 min read
Pipeline Advice Flows Freely
Matthew Gilligan is a property investor, developer and tax adviser. He is managing director of chartered accounting firm Gilligan Rowe & Associates, where he heads the specialist property and asset planning divisions. Kris Pedersen of Kris Pedersen M
NZ Property Investor2 min read
Pros/cons
HIGHER RENTAL YIELDS: Commercial real estate has historically offered higher rental yields than residential real estate. This makes commercial properties attractive to investors seeking regular income streams. LONGER LEASES: Commercial leases tend to
NZ Property Investor3 min read
When The Inspector Calls
My job is defending professionals who find themselves on the wrong end of court proceedings. My clients include lots of professions involved in property and construction: architects, project managers, finance brokers, engineers and real estate agents

Related Books & Audiobooks