The Property Academy Podcast is a daily show that gives you insight, analysis and strategies for how to get the most out of the NZ property market. That's whether you're an existing or aspiring property investor, you want to get into your first home, or you're just interested in the property market. Andrew Nicol and Ed McKnight host the podcast. Andrew is the Managing Partner of Opes Partners and a prolific investor himself. Ed is an economist. Both Stuff and Juno Investment Magazine have previously published his analyses. https://www.opespartners.co.nz/investment/property-investment
7 ways to legally pay less tax (for property investors) ⎥ Ep. 1870
In this episode, we are joined by Marc from Opes Accounting to discuss the 7 ways property investors can legally pay less tax.
This includes including all your tax deductions and claiming all your costs (including the ones you might not have thought of).
Try our new web app Opes+, click the link to sign up.
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10/24/2024 • 13 minutes, 21 seconds
These 3 secret changes let you borrow more money for a house ⎥ Ep. 1869
In this episode, we discuss 3 secret changes that are letting investors and home buyers borrow more money to buy a house.
This includes changing servicing test rates and changes in the banks lending criteria.
We also mention our new free web app Opes+, click the link to sign up and try it out.
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10/23/2024 • 12 minutes, 33 seconds
Commercial vs residential property – what makes more money in 2025? ⎥ Ep. 1868
In this episode, we debate what's better – commercial or residential property? And what will make more money in 2025.
For this, we are joined by Lloyd Budd, the CEO of Bayleys in Auckland.
Lloyd walks us through what an entry level commercial property looks like, what is costs and the potential returns.
We compare that with residential property and talk through the differences.
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10/22/2024 • 21 minutes, 1 second
What houses can you buy for under $500K in NZ? ⎥ Ep. 1867
In this episode, we discuss the houses that you can still buy for under $500k in Auckland and across New Zealand.
We're often told that houses in New Zealand are expensive (and they are).
But, the data we often read in the media doesn't tell the full picture. So we dive into the numbers and show how many properties can still be picked up cheaply.
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10/21/2024 • 12 minutes, 2 seconds
I discovered the hidden truth about rental supply and demand ⎥ Ep. 1866
In this episode, we dig through the data from realestate.co.nz to see what tenants are searching for ... and what property investors are servicing up.
This is to find hidden gaps in the market to see where there could be opportunities for property investors to make more money.
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10/20/2024 • 18 minutes, 17 seconds
I started developing properties at 13-years old – here's how ⎥ Ep. 1865
In this episode, we are joined by Sanmeet Singh to talk about how he started developing properties at just 13 years old.
In this Case Study Sunday, he talks about how his father brought him into the family development business.
He translated for his dad at the bank and learned the tools of the trade.
Now, he continues to develop properties as part of the family business.
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10/19/2024 • 16 minutes, 15 seconds
Revealed: What renters really want (what they search for online) ⎥ Ep. 1864
In this episode, we share new data from realestate.co.nz that shows what renters really want.
This includes what renters search for when they are looking for properties ... and what the most important factors are.
We also mention our new free web app Opes+, click the link to sign up and try it out.
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10/18/2024 • 17 minutes, 31 seconds
Flooding in Dunedin: What landlords need to know ⎥ Ep. 1863
In this episode, we discuss what property investors and landlords needs to know about the Dunedin floods.
That includes how to avoid flood-prone properties ... and the key things we can learn from this experience.
We also mention our new free web app Opes+, click the link to sign up and try it out.
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10/17/2024 • 10 minutes, 26 seconds
Inflation hits 2.2% – what does it mean for interest rates? ⎥ Ep. 1862
In this episode, we discuss the latest inflation numbers. These show that inflation has hit 2.2% – the lowest in over 3.5 years.
We share what property investors can expect when it comes to lower interest rates ... and what to think about when applying for your mortgage.
We also mention our new free web app Opes+, click the link to sign up and try it out.
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10/16/2024 • 11 minutes, 13 seconds
Where should I invest in NZ? [2024]
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'Where should I invest in NZ?
Join Ed and Andrew as they analyse data using our Opes Area Analyser and Opes+ web app, and discuss the different mindsets between homebuyers and investors
And a bit of fun to wrap up when they hand out awards for the best and worst places to invest in New Zealand. Which place will be the winner?
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10/15/2024 • 1 hour, 26 minutes, 22 seconds
Furnished vs unfurnished properties – What makes investors more money? ⎥ Ep. 1861
In this episode, we compare furnished and unfurnished properties.
This includes the extra costs and rental returns that come when you furnish your property.
We also discuss which sort of properties should be furnished ... and which don't matter so much.
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10/15/2024 • 11 minutes, 22 seconds
Make $200k from a granny flat? How much will a minor dwelling increase my property's value? ⎥ Ep. 1860
In this episode, we discuss how much adding a granny flat to your property increases its value.
This includes whether a minor dwelling is more of a cashflow / rental-return proposition ... or whether it's more of an equity play.
This is so property investors can know what return they can expect when building a granny flat.
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10/14/2024 • 11 minutes, 34 seconds
Capital Gains Tax in NZ? - The arguments for and against ⎥ Ep. 1859
In this episode, we discuss whether NZ needs a capital gains tax.
We go through the arguments for and against and what it means for NZ property investors.
We also share how investors reacted to the discussion of a capital gains tax after Ed's recent appearance on Newstalk ZB.
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10/13/2024 • 15 minutes, 12 seconds
How I bought 12 houses in 3 years ... as a full time property flipper ⎥ Ep. 1858
In this episode, we are joined by Ash Binnie, a full time property flipper.
He shares how he bought 12 properties in 3 years and became a full-time property flipper.
This includes how much money you need to start flipping properties, and how he stepped away from his full-time job.
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10/12/2024 • 15 minutes, 7 seconds
Philip Polkinghorne's property: can he sell it and can you get it cheap? ⎥ Ep. 1857
In this episode, we discuss the case of Philip Polkinghorne, but from the perspective of his house sale.
Polkinghorne has been the centre of a high-profile court case, involving the death of his wife.
Since her passing Polkinghorne has attempted to sell the property. But, does the stigma of a death in the house impact the property's value?
We dig through the numbers to see how the value of the property will be impacted.
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10/11/2024 • 11 minutes, 48 seconds
OCR Slashed: What it means for interest rates ⎥ Ep. 1856
In this episode, we discuss the Reserve Bank's most recent move to slash the Official Cash Rate (OCR).
This move will likely cause interest rates to fall further, it cheaper for investors and first home buyers to get into the market.
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10/10/2024 • 11 minutes, 44 seconds
3 clever negotiation tactics when buy a property ⎥ Ep. 1855
In this episode, we discuss the 5 clever negotiation tactics you can use when you buy a property.
That's whether it's for an investment or for your first home.
These are the clever clauses to negotiate.
We also mention our new app, Opes+, click the link to try it out.
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10/9/2024 • 12 minutes, 57 seconds
Cross-lease to freehold conversions – how much money can I make? ⎥ Ep. 1854
In this episode, Kirstie from Good Title joins us to talk about cross-lease conversions.
This includes how much a cross-lease conversion costs and how much money property investors and first home buyers can make.
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10/8/2024 • 15 minutes, 11 seconds
How long do the good times & bad times last? Tony Alexander ⎥ Ep. 1853
In this episode, we are again joined by economist, Tony Alexander.
He shares how long you can expect the good and bad times to last through the property cycle.
We also mention to check out Tony Alexander's surveys, click the link to read.
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10/7/2024 • 22 minutes, 4 seconds
What's the next Covid? – Tony Alexander ⎥ Ep. 1852
In this episode, we discuss what the next big thing to rock the property market will be.
We're joined by independent economist, Tony Alexander, to crystal ball gaze and guess what could be coming next.
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10/6/2024 • 21 minutes, 2 seconds
"I bought my first home at 23 ... Here's how I did it" [Case Study Sunday] ⎥ Ep. 1851
In this episode, we are joined by Joshua Watson to discuss how he bought his first home at just 23 ... in 2024.
Joshua shares what he bought, where he bought ... and how we got the money to buy his first home.
He also shares what his next steps are to grow his wealth.
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10/5/2024 • 15 minutes, 51 seconds
Tony Alexander: What's happening in the property market? ⎥ Ep. 1850
In this episode, we are joined by Tony Alexander, an independent economist.
He talks us through what's happening in the NZ property market and what he's seeing in his surveys.
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10/4/2024 • 17 minutes, 36 seconds
How much money you should have by age (net worth + income) ⎥ Ep. 1849
In this episode, we discuss how much money you should have based on your age.
This includes what your income and net worth should be based on the median New Zealander your age.
We also introduce the Wealth Equation, which comes from The Millionaire Next Door.
It's a simple guide to get a feel for whether your on track for how much money you 'should' have.
We also mention our new app, Opes+, click the link to try it out.
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10/3/2024 • 13 minutes, 29 seconds
Why is house insurance 30% more expensive?! ⎥ Ep. 1848
In this episode, we discuss why house insurance is so damn expensive!
Most house insurance is becoming up to 30% - 40% more expensive.
This is because of the Auckland floods and Cyclone Gabrielle. Insures feel that they've under-priced risk in New Zealand.
So they are readjusting the costs.
We also mention our new app, Opes+, click the link to try it out.
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10/2/2024 • 12 minutes, 22 seconds
What's the minimum insurance I can get away with an investor? ⎥ Ep. 1847
In this episode, we discuss the minimum amount of insurance you can get away with as a property investor.
This includes the Risk Reducer plan that we've come up with.
That way you can see the bare minimum life insurance, trauma insurance and income protection insurance we think you need.
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10/1/2024 • 16 minutes, 18 seconds
Should I break my interest rate to get a cheaper rate? [Break fees] ⎥ Ep. 1846
In this episode, we discuss whether you should break your fixed interest rate to lock in a lower rate.
We discuss the break fees you'd have to pay ... and whether that lower rate is worth it.
We also mention our new app, Opes+, click the link to try it out.
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9/30/2024 • 11 minutes, 17 seconds
What's a good cashflow for an investment property in 2024? ⎥ Ep. 1845
In this episode, we discuss what a good cashflow looks like for an investment property in 2024.
Lower interest rates are improving cashflows property investors. But that doesn't mean that investment properties are printing money.
So we go through a couple of cashflows to give you a sense about what's realistic in 2024.
We also mention our new app, Opes+, click the link to try it out.
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9/29/2024 • 13 minutes, 13 seconds
"I got cancer at 32 ... and beat it. Now we're mortgage free" [Case Study Sunday] ⎥ Ep. 1844
In this episode, we are joined by Jason and Amber for another case study Sunday.
Amber shares her brave story about how she got cancer in her 30's ... twice.
She beat it both times.
Throughout their journey they've invested in property and are now mortgage free, living in Papamoa.
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9/28/2024 • 27 minutes, 13 seconds
How to find the best places to buy a house (free data) ⎥ Ep. 1843
In this episode, we discuss how to find the best areas to invest in.
This includes how to use our new Area Analyser tool to get free data. Click the link to try it out.
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9/27/2024 • 14 minutes, 2 seconds
How much money can I make investing in property? ⎥ Ep. 1842
In this episode, we discuss how much money you can potentially make investing in property.
That includes how much investors have made in the past, and the different ways you can make money in the future.
We also mention our new app, Opes+, click the link to try it out.
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In this episode, we give an update on the New Zealand property and housing market.
This includes where house prices are rising and falling. And whether it is getting easier or harder for investors to find good tenants.
We also mention our new app, Opes+, click the link to try it out.
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9/25/2024 • 13 minutes, 3 seconds
[Review] Housies: $100 to buy a piece of property. Truth or scam? ⎥ Ep. 1840
In this episode, we discuss Housies, a new app and website where you can buy a piece of property for as little as $100.
We dig through the details to see if fractional ownership is legit, or whether it'll flop.
We also discuss previous proportional ownership schemes in New Zealand and where they are now.
We also mention our new app, Opes+, click the link to try it out.
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9/24/2024 • 12 minutes, 50 seconds
How to diversify your property portfolio (the right way) ⎥ Ep. 1839
In this episode, we discuss how to diversify your property portfolio, the right way.
This includes how to get better returns while taking the same risk.
We also mention our new app, Opes+, click the link to try it out.
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9/23/2024 • 14 minutes, 55 seconds
5 steps to spot a dodgy developer: here’s what to do ⎥ Ep. 1838
In this episode, we discuss the 5 steps property investors can take to spot a dodgy property developer.
This includes the 5 searches you can do online to protect yourself as a property investor or first home buyer.
We also mention our new app, Opes+, click the link to try it out.
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9/22/2024 • 14 minutes, 3 seconds
"It took 10 years to buy our 1st investment property" [Case Study Sunday] ⎥ Ep. 1837
In this episode, we are joined for another Case Study Sunday by Marcus Sonntag.
Marcus shares how it took him 10 years to buy his first investment property.
But, he's finally done it. He shares what got him across the line.
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9/21/2024 • 15 minutes, 10 seconds
Warren Buffett, Jeff Bezos, and Nick Mowbray's best investment quotes - What property investors can learn ⎥ Ep. 1836
In this episode, we discuss Warren Buffet, Jeff Bezos and Nick Mowbray's best investment quotes.
That includes what property investors can learn ... and how to apply it in today's market.
We also mention our new app, Opes+, click the link to try it out.
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9/20/2024 • 12 minutes, 57 seconds
Future of NZ house prices with Kiwibank chief economist – Jarrod Kerr ⎥ Ep. 1835
In this episode, we discuss the future of the NZ housing market and house prices with Kiwibank's chief economist, Jarrod Kerr.
And as mentioned here is the link to the economics section of the Kiwibank website.
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9/19/2024 • 22 minutes, 23 seconds
Good tenant vs bad tenant: Warning signs to look out for ⎥ Ep. 1834
In this episode, we discuss the difference between good and bad tenants.
This includes the warning signs to look out for if you are self-manging your investment property.
We also mention our new app, Opes+, click the link to try it out.
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9/18/2024 • 10 minutes, 41 seconds
Bonus: How much money can I make from property? [How to actually run the numbers] - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How much money can I make from property? [How to actually run the numbers]', and shared our new Area Analyser and our app Opes+.
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9/17/2024 • 1 hour, 26 minutes, 45 seconds
5 years of the Property Academy Podcast 🎉 [5th anniversary special] ⎥ Ep. 1833
In this episode, we celebrate 5 years of the Property Academy Podcast.
We look back at some of our most popular episodes and some of the highlights from the last 5 years.
We also look back at what we set out to achieve ... and whether we've done it.
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9/17/2024 • 14 minutes, 51 seconds
How long will it take to sell my house? ⎥ Ep. 1832
In this episode, we discuss how long it takes to sell a house in New Zealand.
This includes the time it takes to get a property ready for sale, how long it might be on the market, and when you get paid.
This is so property investors and homeowners can know how long it might take to sell your home.
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9/16/2024 • 11 minutes, 52 seconds
Investors vs first home buyers: are investors buying all the houses? ⎥ Ep. 1831
In this episode, we compare investors and first-home buyers to see if investors are buying all the houses and stopping first-home buyers from getting into the market.
We look at the data and find the investors and first home buyers tend to increase their purchases at the same time.
They are positively correlated. When investors buy more houses, first home buyers tend to buy more houses too.
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9/15/2024 • 12 minutes, 13 seconds
"32 years later, I'm a full time landlord" – [Case Study Sunday] ⎥ Ep. 1830
In this episode, we are joined by Peter Lewis, the Vice President of the NZ Property Investors Federation.
Peter shares how began investing in property in 1991 and what he's doing it for.
He also shares what he looks for in a property and why property managers don't charge enough.
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9/14/2024 • 24 minutes, 12 seconds
Properties in the future – What will we want in 2034? ⎥ Ep. 1829
In this episode, Stuart Donovan from Motu joins us to discuss what properties New Zealanders will want in the future.
Stuart talks about the move towards 'quality compact', which is driven by both rising incomes and fewer people living per household.
This is important for properties, as we want to invest in properties that are needed and will be desired in the future.
And as mentioned in this episode, you can see Stuart Donovan's research over on the Motu website.
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9/13/2024 • 22 minutes, 3 seconds
Q+A – Your property questions answered ⎥ Ep. 1828
In this episode, we answer your questions about how to grow a property portfolio and get money from the bank.
This is based off the questions asked at our recent website, which you can watch or listen to here.
And we also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/12/2024 • 17 minutes, 7 seconds
[Review] Mary Holm: Is her advice any good? ⎥ Ep. 1827
In this episode, we discuss some advice recently given by financial journalist, Mary Holm.
We go through a situation she brings up in her column. We go through the numbers to see whether we agree (or not).
We also play clips from Mary to share what she really thinks about property.
And don't forget to join us for our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/11/2024 • 18 minutes, 22 seconds
How long does it take to find a tenant – Vacancy rates revealed ⎥ Ep. 1826
In this episode, we discuss how long it takes to find a tenant.
This includes how much vacancy you can expect as a property investor and what our team at Opes Property Management are seeing.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/10/2024 • 16 minutes, 4 seconds
Can I still invest if the numbers look bad? ⎥ Ep. 1825
In this episode, we discuss whether you can still invest in property even if the numbers look bad (in some respects).
As an example, we look at Queenstown. Our numbers suggest that Queenstown looks overvalued. But, are there other numbers that make it look better?
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/9/2024 • 13 minutes, 22 seconds
What does a good investment property look like? ⎥ Ep. 1824
In this episode, we discuss what a good investment property looks like.
This includes how a good investment property changes depending on your strategy.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/8/2024 • 15 minutes, 26 seconds
"I just live off the rent from my properties" – Case Study Sunday with Kerry Beveridge ⎥ Ep. 1823
In this episode, we are joined by Kerry Beveridge for another Case Study Sunday.
Kerry talks about how he is able to be a full time property investor. He lives off the rent from his properties and spends time with his kids.
He shares his story about how he's done it.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/7/2024 • 14 minutes, 40 seconds
When will it finally be easier to get a mortgage? ⎥ Ep. 1822
In this episode, we discuss when it will finally be easier to get a mortgage.
We look at the 5 different factors that impact how easy it is to get a mortgage.
So you can get a sense of when it might become easier for you.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/6/2024 • 14 minutes, 50 seconds
Tiny home saves couple $10,000+ – Here's how ⎥ Ep. 1821
In this episode, we are joined by Michael and Hilde to discuss their property investment strategy.
That includes how a tiny home is helping them save thousands of dollars so they can invest even more.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/5/2024 • 15 minutes, 47 seconds
Banks with the best maternity leave policies ⎥ Ep. 1820
In this episode, we discuss which banks have the best maternity leave policies.
This is for any expectant mums and dads who still want to get a mortgage. That's whether you want to buy your own home or an investment property.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/4/2024 • 14 minutes, 15 seconds
Is now a good time to invest in property? ⎥ Ep. 1819
In this episode, we discuss whether it's a good time to invest in property.
We dig through the 4 main factors that determine whether it is a good time to invest.
We analyse each point so you can determine whether it's the right time to invest for you.
We also mention our upcoming webinar 'How much money can I make from property? [How to actually run the numbers]' it's on Tuesday September 17th at 7pm. Click the link to register.
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9/3/2024 • 15 minutes, 53 seconds
BNZ scraps higher interest rate for first home buyers ⎥ Ep. 1818
In this episode, we discuss how BNZ has just scrapped their standard interest rates, that sometimes force first home buyers to pay more for their mortgages.
We discuss whether the devil is in the detail, and what first home buyers and property investors need to know.
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9/2/2024 • 9 minutes, 28 seconds
How long do I need to own my property to make money? ⎥ Ep. 1817
In this episode, we discuss how long you need to hold your property for to make money through property.
This includes the average years people own their properties for when the sell and make money ...
And the average time people hold their properties for when they lose moeny.
Through all this, we see the principle that the longer you own your property for ... the more likely it is that you make money through property.
These numbers are based on Core Logic's pain and gain report.
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9/1/2024 • 11 minutes, 59 seconds
Paying down debt vs investing – what's better? [Case Study Sunday] ⎥ Ep. 1816
In this episode, we are joined by Dean Gordon for another case study Sunday.
Dean featured on the podcast almost 4 years ago. Back then he was thinking about whether to pay down debt or invest.
We ran through the numbers. And now we're catching up with him to see how it's all gone.
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8/31/2024 • 18 minutes, 22 seconds
How many investment properties can I buy in 15 years? ⎥ Ep. 1815
In this episode, we re-cap our most recent webinar and discuss how many properties an investor can reasonably buy over 15 years.
We go through 2 situations to show you how it really depends on how big your income is.
This gives investors (for the first time) a good sense of how fast they can grow their property portfolios.
We mention our previous webinar '5 houses in 5 years: How many houses can I actually buy before I retire?' click the link to watch.
Or if you prefer to listen the audio version is here.
To register for our next webinar 'How much money can I make from property? [How to actually run the numbers]' click the link to sign up.
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8/30/2024 • 12 minutes, 53 seconds
Interest rate fight: Which bank is the king of cuts? ⎥ Ep. 1814
In this episode, we discuss which bank is the king when it comes to interest rate cuts.
This is part of our launch of the Opes OneRoof Cut Counter.
This shows you which banks are cutting their interest rates most, and how far rates are have dropped.
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8/29/2024 • 10 minutes, 11 seconds
6 months vs 1 year: How long should I fix my interest rate for? ⎥ Ep. 1813
In this episode, we discuss how long you should fix your mortgage interest rate for.
Is it better to go for 6 months, 1-year, 18-months or something else.
We dig through the numbers so first home buyers and property investors can make the right decision for them.
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8/28/2024 • 12 minutes, 58 seconds
Retention cash: How to get free money from your bank ⎥ Ep. 1812
In this episode, we talk about how to get free money from your bank.
It's called retention cash. It's a type of cashback where your banks rewards you for your loyalty (as long as you don't move away).
We talk about how much you can get, what the catch is, and whether it is worth it.
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8/27/2024 • 8 minutes, 8 seconds
What tenants really want – Consumer NZ research revealed ⎥ Ep. 1811
In this episode, we are joined by Gemma Rasmussen from Consumer NZ.
Gemma shares the results from Consumer NZ's research about what tenants really want.
This includes their concerns, worries and fears when it comes to renting properties.
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8/26/2024 • 15 minutes, 34 seconds
How fast will house prices go up? [2024 and beyond] ⎥ Ep. 1810
In this episode, we discuss how fast house prices may go up over the long term.
This includes what property investors can reasonably expect when they invest in property.
We share what data to look at (and what data not to look at), when forecasting your property investment returns.
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8/25/2024 • 15 minutes, 2 seconds
"I bought 4 houses in 1 year. Here's how" – [Case Study Sunday] ⎥ Ep. 1809
In this episode, we are joined by David, a property investor and listener of the show.
David shares the story about how he bought 4 houses in a single year and now rents them our on AirBnb.
He shares what he's learned and how he did it. All so you can get more ideas for your property investing strategy.
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8/24/2024 • 20 minutes, 59 seconds
What makes more money? Bedroom vs bathroom renovation ⎥ Ep. 1808
In this episode, we discuss what makes property investors more money – a bedroom or a bathroom renovation.
We dig into the latest data from the new CoreLogic House value index, which tells us what really increases the value of properties.
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8/23/2024 • 11 minutes, 28 seconds
How to make cheeky offers on properties to get a good price ⎥ Ep. 1807
In this episode, we discuss how property investors and first home buyers can put in cheeky offers for properties.
This includes how to get a low price, how to get your offer accepted ... and how to put in a cheeky offer the right way.
We also mention Steve Goodey's upcoming Property Bootcamp
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8/22/2024 • 14 minutes, 33 seconds
OCR down – interest rates slashed. How low will they go? ⎥ Ep. 1806
In this episode, we discuss the Reserve Bank's recent OCR cut.
We talk about the impact on interest rates, how low they will go and what it all means for property investors.
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8/21/2024 • 15 minutes, 43 seconds
Bonus: 5 houses in 5 years - How many houses can I actually buy before I retire? - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at '5 houses in 5 years - How many houses can I actually buy before I retire?'.
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8/20/2024 • 1 hour, 24 minutes, 35 seconds
Private school vs invest in property – what's right for me? ⎥ Ep. 1805
In this episode, we compare and contrast sending your kids to private school vs investing in property (and giving them the money).
This includes different ways that property investors use property to send their kids to good schools and what you need to think about when it comes to giving your kids the best start in life.
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8/20/2024 • 13 minutes, 46 seconds
Sudden money – What NOT to do when you suddenly get money ⎥ Ep. 1804
In this episode, we discuss Sudden Money, and how to make your money last when you suddenly get a lump sum of cash.
This isn't just useful for Lotto winners. This is useful for business owners who sell their businesses, farmers who sell their farms, and all property investors who will eventually sell their properties.
And don't miss our webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on tonight, Tues 20th August at 7pm. Click the link to register.
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8/19/2024 • 15 minutes, 35 seconds
Where to buy a house under $500k – the places with the highest chance ⎥ Ep. 1803
In this episode, we discuss the areas in NZ with the highest chance of buying a house for $500k or less.
This includes which areas have houses for less than $500k and what sort of house you can buy.
And don't miss our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on tomorrow night, Tues 20th August at 7pm. Click the link to register.
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8/18/2024 • 13 minutes, 1 second
"I started with cows then moved to property" – Leighton Roberts [Case Study Sunday] ⎥ Ep. 1802
In this episode, we are joined by Leighton Roberts from Sharesies to discuss how he started investing.
He takes us through how he started investing in cows with a group of friends in Hawera. Then he moved on to buying property before starting Sharesies.
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8/17/2024 • 14 minutes, 25 seconds
Did the shorter Bright Line = more listings? ⎥ Ep. 1801
In this episode, we discuss whether more investors are selling their properties since the bright line test changed.
We dig through the numbers to see how the market is changing after this law change.
And don't miss our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/16/2024 • 10 minutes, 40 seconds
Top 1% of NZers – What it takes to get to the top 1% ⎥ Ep. 1800
In this episode, we discuss what it takes to get into the top 1% of New Zealanders when it comes to wealth.
This includes how much you'd have to invest and the number of properties you'd need to buy.
And don't miss our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/15/2024 • 14 minutes, 50 seconds
A Māori approach to property investing ⎥ Ep. 1799
In this episode, we are joined by Kerri-Anne Hancock to discuss a Māori approach to property investing.
We look at the reasons why Māori invest, and the different considerations.
And we also mention our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/14/2024 • 18 minutes, 13 seconds
Reverse mortgages – What's good and what's bad? ⎥ 1798
In this episode, we discuss reverse mortgages. This includes the pros and the cons (what's good and what's bad).
We analyse the details of Heartland's reverse mortgages and take you through what you need to know.
Ultimately, this helps you decide whether a reverse mortgage is right for you.
And we also mention our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/13/2024 • 16 minutes, 6 seconds
"Find me a tenant. Fast" – How WINZ can help ⎥ Ep. 1797
In this episode, we discuss how the Ministry of Social Development's housing broker service.
To walk us through the details, we are joined by Kirk Teawhe, the Director of Housing at MSD.
This is where MSD works with tenants to get them ready to rent. And what they're doing to help landlords get and keep good tenants.
If you didn't already know about this service ... then this episode gives you another option to find a tenant.
We also mention the new season of The Deal, click the link to watch.
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8/12/2024 • 19 minutes, 30 seconds
"1% drop in interest rates = 10% rise in house prices" ⎥ Ep. 1796
In this episode, we discuss whether a 1% drop in interest rates leads to a 10% increase in house prices.
More companies claim that house prices will automatically rise when interest rates drop.
But, is it true? We dig through the numbers and interview other economists to see if this is fact ... or fiction.
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8/11/2024 • 12 minutes, 35 seconds
"Your podcast made me lazy" – Is it ok to be a lazy property investor? [Case Study Sunday] ⎥ Ep. 1795
In this episode, we are joined by Nick Metzger for a Case Study Sunday.
Nick walks us through his property investment journey ... including admitting that this podcast made him a lazy property investor.
So is it ok to be lazy? What does lazy property investment look like? And what could this approach mean for you?
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8/10/2024 • 19 minutes, 11 seconds
Do houses near new motorways go up in value faster? ⎥ Ep. 1794
In this episode, we discuss whether houses near new infrastructure go up in value faster.
This includes whether new motorways, train lines and stadiums impact your house value.
Ultimately first home buyers and property investors can use this information to buy the best house possible.
And we also mention our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/9/2024 • 13 minutes, 14 seconds
Don't do it! – 7 signs you should NOT invest in property ⎥ Ep. 1793
In this episode, we discuss the 7 signs that you should not invest in property.
And we also mention our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/8/2024 • 11 minutes, 58 seconds
‘How to upset a good tenant’: Avoid these property manager pitfalls ⎥ Ep. 1792
In this episode, we discuss the property manager pit falls to avoid.
This includes how to make sure you look after good tenants ... so that they don't feel like you're being intrusive.
We also mention the new season of The Deal, click the link to watch.
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8/7/2024 • 12 minutes, 6 seconds
Du Val in receivership after police raid – What went wrong? ⎥ Ep. 1791
In this episode, we discuss the latest news around Du Val and Kenyon Clarke.
We go past the headlines to understand what's happening, whether Du Val will close and what it means for their customers.
And we also mention our upcoming webinar '5 houses in 5 years: How many houses can I actually buy before I retire?', on Tues 20th August at 7pm. Click the link to register.
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8/6/2024 • 15 minutes, 1 second
The 'No Mortgage Mindset' – Get your attitude right to pay your mortgage off faster ⎥ Ep. 1790
In this episode, we discuss how to get into the 'No Mortgage Mindset'.
This is the mindset you need to get into if you actually want to pay your mortgage off faster.
We also mention the new season of The Deal, click the link to watch.
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8/5/2024 • 11 minutes, 42 seconds
3 new changes = easier to get a mortgage ⎥ Ep. 1789
In this episode, we discuss 3 changes that are making it easier for Kiwis to get a mortgage.
This is welcome news to both first home buyers and property investors.
It means that some people can borrow hundreds of thousands of dollars more to get into the property market.
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8/4/2024 • 11 minutes, 20 seconds
[Live Coaching] "Flipping vs buy and hold. What do we do next?" – Case Study Sunday ⎥ Ep. 1788
In this episode, we are joined by Mark to discuss his property portfolio.
He and his wife own their own home. But they feel hamstrung by their mortgage and their home.
Mark wanted to know whether he should sell his house and start flipping properties. We walk through the numbers so he can make the right decision for him.
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8/3/2024 • 20 minutes
Challenge: How passive can I make my property portfolio? ⎥ Ep. 1787
In this episode, we discuss how passive you can make your property portfolio.
This includes a breakdown of what you can automate and how many hours that would save you.
We also mention the new season of The Deal, click the link to watch.
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8/2/2024 • 13 minutes, 54 seconds
Property and the Ex – Confessions from a divorce coach ⎥ Ep. 1786
In this episode, we are joined by Bridgette Jackson to discuss what happens to property when you get divorced.
Bridgette is a certified divorce coach and talks us through what property investors need to know when they split.
And if you want to learn more about Equal Exes and Equilibrium click here
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8/1/2024 • 20 minutes, 48 seconds
Revealed: 21% rates rise in this council. The areas that get hit hardest ⎥ Ep. 1785
In this episode, we discuss where rates are increasing most in New Zealand.
This includes how fast rates are going up, and how to deal with those higher rates as a property investor.
We also mention the new season of The Deal, click the link to watch.
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7/31/2024 • 10 minutes, 37 seconds
Best ways to invest $100k, $200k & $500k ⎥ Ep. 1784
In this episode, we discuss the best ways to invest $100k, $200k and $500k.
We look at the best ways to use your money depending on how much you have.
This should give you a few ideas about how you might grow your money.
We also mention the new season of The Deal, click the link to watch.
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7/30/2024 • 14 minutes, 34 seconds
Your questions answered: How to pay off your mortgage fast ⎥ Ep. 1783
In this episode, we answer the main questions asked at our recent webinar, all about how to pay off your mortgage in 5-7 years.
This includes a look at how mortgages work, and how to invest in property (the right way).
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7/29/2024 • 11 minutes, 19 seconds
5 unethical real estate agent sales tactics ⎥ Ep. 1782
In this episode, we discuss how you can avoid these 5 unethical real estate agent sales tactics.
This includes underquoting the price, trying to sell properties exclusive of GST (in an unethical way), and over promising and under-delivering.
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7/28/2024 • 14 minutes, 43 seconds
"I wanted to become a millionaire. And I did" – Sharon Cullwick [Case Study Sunday] ⎥ Ep. 1781
In this episode, we are joined for Case Study Sunday by Sharon Cullwick.
Sharon has been involved in the property investor associations for the last 20+ years.
She is the president of the Hawke's Bay Property Investors Association.
On this episode she shares her story about how she started investing in property and what she's doing now.
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7/27/2024 • 17 minutes, 43 seconds
4 ways to save money on your insurance ⎥ Ep. 1780
In this episode, we discuss 4 ways you can save money on your insurance.
This includes changing your excess, cancelling certain policies, reducing your cover and reducing your payment term.
We also mention the new season of The Deal, click the link to watch.
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7/26/2024 • 16 minutes, 3 seconds
How to pay off your mortgage in 7-10 years ⎥ Ep. 1779
In this episode, we discuss how to pay off your mortgage in 7-10 years.
This summarises all of the best ideas from our most recent webinar, all in 15 minutes.
This is useful for both homebuyers and property investors.
We also mention the new season of The Deal, click the link to watch.
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7/25/2024 • 12 minutes, 14 seconds
Interest rates slashed – how low will they go? ⎥ Ep. 1778
In this episode, we discuss what property investors need to know about falling interest rates.
All the major banks have cut their 1-year interest rates. Today they are advertising under 7% and discounting as low as 6.59%.
We let you know what you need to know, and give our interest rate predictions and forecasts. Then we let you know how low they might go.
We also mention the new season of The Deal, click the link to watch.
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7/24/2024 • 11 minutes, 9 seconds
"Here's how I forecast the property market" – with Gareth Kiernan ⎜ Ep. 1777
In this episode, we are joined by Gareth Kiernan from Infometrics.
He talks us through how he forecasts the property market and how property investors should interpret and use economist's predictions.
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7/23/2024 • 20 minutes, 50 seconds
Can you negotiate real estate commissions? The discounts you can get ⎜ Ep. 1776
In this episode, we discuss whether you can negotiate a real estate agent's commission.
We discuss how many people ask for a discount, the reaction you'll get, and how much you can save.
We also mention the new season of The Deal, click the link to watch.
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7/22/2024 • 15 minutes, 53 seconds
[New] How to time the property market ⎜ Ep. 1775
In this episode, we discuss how you can time the property market with our new Property Clock.
We've created a new interactive version so you can see which property markets in NZ are booming, and which are going backwards.
We also mention our new Property Clock which you can try out by clicking here:
main regions
all regions
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7/21/2024 • 14 minutes, 1 second
"I don't know what to do next?" – Josie [Case Study Sunday] ⎜ Ep. 1774
In this episode, we are joined by Josie Cederman to talk about her next steps in property investment.
Josie walks us through how many properties she owns, what she'd done in property and her ideas about what she could do next.
After walking through multiple scenarios, Josie decides her next steps.
7/20/2024 • 17 minutes, 45 seconds
How much more money can I make if I become self-employed? ⎜ Ep. 1773
In this episode, we discuss how much more money you can make if you become self-employed and quit your job.
We give examples of people who have quit their jobs to become contractors and also those who have started their own businesses.
We also tell you what NOT to do when you decide to go our on your own.
We also mention the new season of The Deal, click the link to watch.
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7/19/2024 • 16 minutes, 4 seconds
"Why can't we be friends?" – Dishing the dirt on the property industry ⎜ Ep. 1772
In this episode, we dish the dirt on the property investment industry.
We talk about times when investors have double-crossed each other and why you see some companies ripping into each other online.
We also mention the new season of The Deal, click the link to watch.
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In this episode, we discuss the latest OCR announcement and Westpac's lower interest rates.
We discuss the swap rates and a few predictions for where interest rates are going.
We also mention the new season of The Deal, click the link to watch.
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7/17/2024 • 10 minutes, 55 seconds
Bonus: How to pay off your mortgage in 5-7 years - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How to pay off your mortgage in 5-7 years'.
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7/16/2024 • 1 hour, 23 minutes, 31 seconds
Don't rent to your mum – do this instead ⎜ Ep. 1770
In this episode, we discuss why property investors shouldn't rent to their parents, family or friends.
This includes talking about what can go wrong, and the regrets property investors often have when they rent to family.
We also mention the new season of The Deal, click the link to watch.
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7/16/2024 • 13 minutes, 13 seconds
How many millionaires are there in NZ? ⎜ Ep. 1769
In this episode, we discuss how many millionaires there are in New Zealand.
This includes the shocking statistic that 24% of New Zealand households are millionaires.
On top of this 10% of households are multi-millionaires.
We also mention the new season of The Deal, click the link to watch.
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7/15/2024 • 13 minutes, 24 seconds
National's new housing plan – "We'll flood the market with housing" ⎜ Ep. 1768
In this episode, we discuss National's new housing plan, where Chris Bishop aims to flood the market with housing.
This includes when the changes come in, the impact on house prices, and what you can expect as a property investor.
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7/14/2024 • 14 minutes, 29 seconds
"If they're making money doing it. Why can'y I?" [Case Study Sunday] ⎜ Ep. 1767
In this episode, we are joined by Abe Taucher who is subdividing his 2nd property.
After seeing people subdivide properties and make money at work, Abe thought "why can't I do that too?"
Abe walks us through the highs and lows of the subdivision property investment strategy.
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7/13/2024 • 15 minutes, 49 seconds
Term deposits review – Are they trash or tried 'n' true? ⎜ Ep. 1766
In this episode, we discuss term deposits. We specifically look at whether they are trash or tried and true.
This includes looking at real interest rates, and adjusting for inflation and tax.
This lets you, as a property investor, decide whether you should invest in term deposits (or not).
We also mention the new season of The Deal, click the link to watch.
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7/12/2024 • 13 minutes, 15 seconds
How many properties don't sell? The chance you sell your property ⎜ Ep. 1765
In this episode, we discuss how many properties don't sell when they are listed on the market.
This includes the chance that you sell your property and where more properties are selling.
We also mention the new season of The Deal, click the link to watch.
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7/11/2024 • 12 minutes, 47 seconds
Houses selling 22% under CV – How low or high can properties go? ⎜ Ep. 1764
In this episode, we discuss how much properties are selling above or below CV.
This includes the area where houses are selling 22% below CV. And other areas where properties are selling 30% above CV.
We also mention the new season of The Deal, click the link to watch.
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7/10/2024 • 12 minutes, 32 seconds
What makes a property a good deal? ⎜ Ep. 1763
In this episode, we discuss what makes a property a good deal (or not).
We show what sort of property you should look for depending on the property strategy you're using.
After all, the right property for you depends on what you want the property for.
So we give you some things to look for.
We also mention the new season of The Deal, click the link to watch.
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7/9/2024 • 12 minutes, 48 seconds
Why net worth skyrockets after $100K ⎜ Ep. 1762
In this episode, we discuss why your net worth will skyrocket after you hit $100k.
And as you make more money it becomes easier and easier to grow your wealth.
We take you through the reasons why and what you should do with this information to stay focussed on your wealth-building journey.
We also mention the new season of The Deal, click the link to watch.
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7/8/2024 • 14 minutes, 7 seconds
Reserve Bank: Debt to Income Ratios "no immediate impact" ⎜ Ep. 1761
In this episode, we discuss the Reserve Bank's view on the Debt to Income ratios.
We share clips from a pre-recorded interview with Kate La Quesne – the Director of Prudential Policy at the Reserve Bank.
Kate shares how the DTI rules should have no immediate impact on the property market.
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7/7/2024 • 13 minutes, 37 seconds
"We slept in bunk beds to save money" – Michael Veasey [Case Study Sunday] ⎜ Ep. 1760
In this episode, we are joined by Michael Veasey for another Case Study Sunday.
Michael shares how he and his friend Jake built a house together and slept in bunk beds to save money.
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7/6/2024 • 14 minutes, 40 seconds
7 money habits keeping you poor ⎜ Ep. 1759
In this episode, we discuss the 7 money habits that could be keeping you poor.
Don't worry. We've been through all these 7 habits (and are still grappling with them) ourselves.
It's normal to fall into these.
But, once you know the 7 money habits to look out for you can start to change and improve your financial life.
We also mention the new season of The Deal, click the link to watch.
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7/5/2024 • 16 minutes, 17 seconds
DIY property management – Don't make these mistakes ⎜ Ep. 1758
In this episode, we discuss how to manage your own property.
This includes how to find good tenants, what to look for, and the mistakes not to make.
We also mention the new season of The Deal, click the link to watch.
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7/4/2024 • 15 minutes, 15 seconds
Resimac gone: Non-bank lender shuts up shop ⎜ Ep. 1757
In this episode, we discuss how Resimac, a non-bank lender is shutting up shop in New Zealand.
After losing money, the non-bank lender has decided to focus on Australia instead.
Ed and Andrew discuss what it means for home buyers and property investors. Is Resimac just the first domino to fall?
We also mention the new season of The Deal, click the link to watch.
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7/3/2024 • 14 minutes, 54 seconds
"The scariest money moment I've ever had" ⎜ Ep. 1756
In this episode, Ed and Andrew share the scariest money moments they've ever had.
This includes when they struggled with money, when they struggled to pay bills and what they did.
We also mention the new season of The Deal, click the link to watch.
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7/2/2024 • 13 minutes, 44 seconds
Rental market update – supply vs demand ⎜ Ep. 1755
In this episode, we discuss the NZ rental market.
This includes looking at both supply and demand so you can understand how long it'll take to find a good tenant for your property.
We also mention the new season of The Deal, click the link to watch.
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7/1/2024 • 16 minutes, 52 seconds
NZ property market update: What's not being said? ⎜ Ep. 1754
In this episode, we give you an update on the NZ property market.
This includes the data that the media may have missed and what you need to know as a property investor.
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6/30/2024 • 13 minutes, 35 seconds
"We got hitched and bought 2 properties in 3 months" [Case Study Sunday] ⎜ Ep. 1753
In this episode, we are joined for another Case Study Sunday by Nick.
He shares the story of how he started investing in property and bought 2 investment properties (and got hitched) all in the space of 3 months.
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6/29/2024 • 12 minutes, 15 seconds
Break leases – What if my tenant wants to leave early ⎜ Ep. 1752
In this episode, we discuss break leases, and what property investors need to know.
This includes what to do if your tenant wants to leave early, who pays the costs, and what properties tend to have more break leases.
We also mention the new season of The Deal, click the link to watch.
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6/28/2024 • 16 minutes, 28 seconds
Which interest rate should I choose? 6 months vs 1-year vs 2-years ⎜ Ep. 1751
In this episode, we discuss which interest rate you should choose when you fix your interest rate.
This includes looking at whether to go for the 6 month rate, the 1-year or the 2-year+.
We also mention the Opes Mortgages Interest Rate Report, click to register.
And Ed's Interest Rate Comparison tool, try it for yourself.
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6/27/2024 • 13 minutes
New Policy: Build a granny flat without council approval ⎜ Ep. 1750
In this episode, we discuss the coalition government's new policy of allowing people to build granny flats without consent.
We go through when the policy will be in place, what it means and what property investors need to know to take advantage of the new rules.
We also mention the new season of The Deal, click the link to watch.
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6/26/2024 • 12 minutes, 28 seconds
2 year bright line test – How NOT to get caught out? ⎜ Ep. 1749
In this episode, we are joined by John Cuthbertson from CA ANZ (the Chartered Accountants of Australia and New Zealand).
He talks about the new bright line test, and how property investors can avoid getting caught out by the new rules.
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6/25/2024 • 16 minutes, 38 seconds
How to turn your home to a rental ⎜ Ep. 1748
In this episode, we discuss how to turn your own, owner-occupier home into a rental property.
We dig into how to structure your mortgage, whether you should restructure your portfolio and how to save on tax.
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6/24/2024 • 12 minutes, 54 seconds
Interest rate predictions: When will interest rates fall? ⎜ Ep. 1747
In this episode, we discuss the interest rate predictions from several leading banks.
We interviewed economists from ASB, ANZ and Westpac to get a feel for when they think rates will come down.
This includes their predictions for the 1-year rate in 6 and 12 months time.
You can then use this information as a property investor to get a sense of how long you want to fix your interest rate for.
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6/23/2024 • 13 minutes, 25 seconds
"I lost $100k+ in a scam ... I made it back in property" – James Goren [Case Study Sunday] ⎜ Ep. 1746
In this episode, we are joined by James Goren, a property investor and owner of The Renovation Team.
James shares the story of how he started investing in property, his top renovation tips and how he lost over $100k in a scam, but made it all back through property.
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6/22/2024 • 23 minutes, 20 seconds
1 bedroom vs 2 vs 3 vs 4+ – what goes up in value faster? ⎜ Ep. 1745
In this episode, we answer the question – "how many bedrooms should my investment property have?"
This includes a fair comparison between 1 vs 2 vs 3 vs 4+ bedroom properties using CoreLogic data.
You can then use this information, as a property investor, to choose the right investment property for you.
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6/21/2024 • 12 minutes, 47 seconds
Best and worst renovation ideas to add value to your home ⎜ Ep. 1744
In this episode, we discuss the best and worst renovation ideas to add value to your home.
We discuss adding bedrooms, renovating bathrooms, painting rooms and adding a pool.
This is so you can decide the best ways to renovate your investment property.
And we also mention the Opes Partners Tenant Tool, click the link to try it out for yourself.
6/20/2024 • 14 minutes, 10 seconds
How to save money (the easy way) so you can invest ⎜ Ep. 1743
In this episode, we discuss how you can save money the easy way so you can invest.
This includes how to manage lifestyle inflation and where to find extra money.
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6/19/2024 • 15 minutes, 31 seconds
The future of house prices ⎜ Ep.1742
In this episode, we discuss the future of house prices.
This includes what will happen to house prices in New Zealand over the long term.
And whether house prices can keep going up.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/18/2024 • 15 minutes
Best and worst places to buy a house in NZ ⎜ Ep. 1741
In this episode, we discuss the best and worst places to buy a house and invest in New Zealand.
We rank every council area in the country based on the purchase price, rental yield, population and property cycle.
We also mention our Best and worst places to invest in NZ (all 67 areas ranked) article on the Opes Partners website.
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6/17/2024 • 15 minutes, 35 seconds
Confirmed: DTIs coming in – What's really going to change? ⎜ Ep. 1740
In this episode, we discuss the Reserve Bank's new mortgage lending rules – the DTIs.
This includes what will happen when they come in, and how it impacts you personally.
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6/16/2024 • 13 minutes, 6 seconds
[Live Coaching] Can Amber invest and build a $100k+ passive income? ⎜ Ep. 1739
In this episode, we have another Case Study Sunday. This time we are joined by Amber for a live coaching session.
We run the numbers to see if we can help Amber invest sooner.
Then we build her a $100k+ passive income plan through property.
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In this episode, we discuss how to avoid these property investment nightmares.
We specifically discuss what to look for in a LIM report – and how to make sure that the listing matches the LIM.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/14/2024 • 14 minutes, 45 seconds
How many properties can I buy in 10 years? ⎜ Ep. 1737
In this episode, we discuss how many properties an investor can buy over 10 years.
This is based on modelling from the Reserver bank that estimates how big a portfolio someone might be able to build now that the debt to income ratios are coming in.
Click the link if you'd like to try out our Investment Ready spreadsheet
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/13/2024 • 14 minutes, 23 seconds
Fair dinkum: How to buy an investment property in Australia ⎜ Ep. 1736
In this episode, we discuss how Kiwis can buy an investment property in Australia.
This includes the types of properties people invest in over the ditch.
We also discuss the deposit you need and what the banks look for.
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6/12/2024 • 19 minutes, 58 seconds
Bonus: What's the best property investing strategy in NZ [Ranked] - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'What's the best property investing strategy in NZ'
6/11/2024 • 1 hour, 20 minutes, 10 seconds
Is Wellington munted? [Public sector job cuts] ⎜ Ep. 1735
In this episode, we discuss whether the public sector job cuts will ruin the Wellington property market.
This includes what is going on in Wellington right now and whether our capital is munted.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/11/2024 • 16 minutes, 44 seconds
How to rent your property faster (even in a tough market) ⎜ Ep. 1734
In this episode, we discuss what property investors can do to rent their properties (even in a tough market).
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/10/2024 • 15 minutes, 55 seconds
The Budget 2024: Are the tax cuts a good idea? ⎜ Ep. 1733
In this episode, we discuss the Budget 2024.
This was Nicola Willis' first budget – we talk about whether it's a hit or a miss.
That includes what it means for property investors and who the winners and losers are.
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6/9/2024 • 12 minutes, 56 seconds
"I had $100,000 of debt on 11 credit cards" – How Tracy paid it off ⎜ Ep. 1732
In this episode, we discuss how Tracy Hemingway (the Debt Free Diva) had $100k of debt spread across 11 credit cards.
She hustled and took every side gig she could to pay it off. All 11 credit cards are now fully paid off and Tracy is now a property investor.
This is one of the best Case Study Sunday's yet.
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6/8/2024 • 22 minutes, 54 seconds
How much money you need to be top 10% of Kiwis ⎜ Ep. 1731
In this episode, we discuss how much wealth the average Kiwi has.
This includes how the average wealth goes up with age and what it takes to be in the top 10% of Kiwis.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/7/2024 • 17 minutes, 1 second
Reserve Bank chief economist – will property profits continue? ⎜ Ep. 1730
In this episode, we discuss the thoughts of Paul Conway – the Reserve Bank's chief economist.
We play clips from our recent off-air interview with him and share his thoughts on the future of property investment.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/6/2024 • 16 minutes, 48 seconds
Too excited vs too nervous to invest – How to manage your emotions ⎜ Ep. 1729
In this episode, we discuss how to manage your emotions and not get too excited, or too nervous to invest.
This includes the pros and cons of both and how to make sure you're making the right financial decision.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/5/2024 • 14 minutes, 12 seconds
How Ed McKnight bought 4 properties in 6 years [Case Study] ⎜ Ep. 1728
In this episode, we discuss how Ed McKnight invested in 4 properties over 6 years.
This includes what he bought and when. He also shares the highs and the lows so you can learn from his mistakes.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/4/2024 • 16 minutes, 45 seconds
Interest only mortgages: Are they the only way to go? ⎜ Ep. 1727
In this episode, we discuss interest only mortgages and whether they are the only way to go for an investment property.
We clear up the common misperceptions people have with interest only loans and how to use them the right way.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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6/3/2024 • 15 minutes, 3 seconds
[Interest rates] OCR update: What's in the fine print? ⎜ Ep. 1726
In this episode, we discuss the latest OCR update from the Reserve Bank.
They've decided to leave the OCR at 5.5%. But what's hidden in the fine print and the forecasts?
Here's what property investors and home owners need to know.
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6/2/2024 • 14 minutes, 4 seconds
Case Study Sunday – $150k passive income by 56 – How Adalynn and Mark plan to do it ⎜ Ep. 1725
In this episode, we are joined by Adalynn and Mark for Case Study Sunday.
They plan to retire at 56 with a passive income of $150,000.
They share how they plan to do it and the properties they're investing in to make it happen.
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6/1/2024 • 17 minutes, 10 seconds
How to buy a cheap house in an expensive suburb ⎜ Ep. 1724
In this episode, we discuss how to buy a cheap house in an expensive suburb.
This includes a look at Remuera (in Auckland), which has an average house value of $2.2 million. But some people are buying properties for less than $750,000.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/31/2024 • 10 minutes, 7 seconds
First Home Grant gone – "I'm $10k worse off" ⎜ Ep. 1723
In this episode, we discuss National's decision to cut the First Home Grant.
This was a subsidy geared towards first home buyers. We walk through what it means and who will hurt most.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/30/2024 • 12 minutes, 55 seconds
How to flip houses to make money – Tama Singh case study ⎜ Ep. 1722
In this episode, we are joined by Tama Singh, a Kiwi property flipper.
Here, Tama shares his investment journey and how he started flipping properties.
He also reveal when and how he became a property flipper.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/29/2024 • 21 minutes, 4 seconds
"This podcast made me lazy" – BRRRR vs Build and Hold strategy ⎜ Ep. 1721
In this episode, we compare the Build and Hold and BRRRR property investing strategies.
This includes who each strategy is right for and whether it's ok to be a lazy investor.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/28/2024 • 14 minutes, 20 seconds
Property investor's guide to valuations ⎜ Ep. 1720
In this episode, we discuss what property investors need to know about valuations.
This includes how to talk to a valuer, when to get a valuation and how to use them the right way.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/27/2024 • 16 minutes, 54 seconds
Property vs Shares – Is there a winner? ⎜ Ep. 1719
In this episode, we discuss the differences between property and shares as an investment strategy.
This includes the pros and cons of both so you can decide which is the best option for you.
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5/26/2024 • 15 minutes, 44 seconds
[Must Listen] Single-mum, 32 & almost mortgage-free – What do I do next? ⎜ Ep. 1718
In this episode, we are joined by Ruby from Queenstown. This is an inspiring case study.
At 32 Ruby is a single-mum. She's almost mortgage free and will try (almost) any thing to increase her income to pay off debt.
She's started her own business and wants to travel with her son.
Now Ruby wants to know what to do next. We give her our honest advice.
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5/25/2024 • 17 minutes, 20 seconds
Renting to WINZ tenants – pros and cons ⎜ Ep. #1717
In this episode, we discuss the pros and cons of renting your property to a beneficiary.
This includes the perceived risks – and the programmes WINZ has to protect landlords.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/24/2024 • 12 minutes, 23 seconds
Wolfbrook's $8k cash back. Is it as good as it seems? ⎜ Ep. 1716
In this episode, we discuss Wolfbrook's $8k cash back offer.
We dig through the details so that you can find out if it's too good to be true.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/23/2024 • 15 minutes, 15 seconds
Rapid fire – How to build a $100k passive income in 2024 ⎜ Ep. 1715
In this episode, we do a rapid fire where we answer your questions from our most recent webinar.
It's all about how to build a passive income through property investment in 2024
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/22/2024 • 15 minutes, 45 seconds
What to invest in and when – Martin Hawes ⎜ Ep. 1714
In this episode, we are once again by Martin Hawes – an author and investment expert.
Here, Martin takes us through what you should invest in at each stage of your life.
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5/21/2024 • 19 minutes, 33 seconds
'The Block' winners share their renovation tricks – The Pearsons ⎜ Ep. 1713
In this episode, we are joined by the Pearsons. They won the Block back in 2013.
Here, they share their top renovation tips and tricks, what they're up to now, and the tricks the TV studios play which means you can't believe everything you see on TV.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
5/20/2024 • 19 minutes, 18 seconds
Revealed: New build vs existing – Which goes up in value faster? ⎜ Ep. 1712
In this episode, we go through new data from CoreLogic and reveal which goes up in value faster – New Builds or existing properties?
We've tried to answer this in the past. But, there hasn't been really good data available.
So we paid the money to get the data and answer once and for all – which is better? New Builds or existing properties.
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5/19/2024 • 17 minutes, 8 seconds
Case Study Sunday – How to build spec homes with Michael Wilson ⎜ Ep. 1711
In this episode, we are joined by Michael Wilson to discuss his property investment strategy – building spec homes.
This is a classic property investment strategy that's not often discussed. Here Michael breaks down how he builds homes and then sells them once they're complete.
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5/18/2024 • 17 minutes, 37 seconds
How to earn more money: Pay rise vs side hustle vs boarder ⎜ Ep. 1710
In this episode, we discuss different ways to earn more money.
This includes a comparison between getting a pay rise, starting a side hustle and getting a boarder.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
5/17/2024 • 16 minutes, 4 seconds
Martin Hawes – 45 years of investing in 20 minutes ⎜ Ep. 1709
In this episode, we are joined by Martin Hawes, one of New Zealand's most trusted financial commentators and authors.
Here Martin shares the principles he's learned over the last 45 of investing and condenses it all down into just 20 minutes.
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5/16/2024 • 21 minutes, 3 seconds
Are Baby Boomers about to kill the property market? ⎜ Ep. 1708
In this episode, we discuss the demographic changes happening in New Zealand and whether Baby Boomers are about to kill the housing market.
This includes what happens if Baby Boomers all downsize at the same time and the impact of immigration.
And we also mention our red carpet events for the premiere of The Deal season 2, happening in Christchurch June 25th, and Auckland June 26th. Click to register for your free tickets.
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5/15/2024 • 14 minutes, 33 seconds
Bonus - How to Build $100k Passive Income Plan Through Property - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How to Build $100k Passive Income Plan Through Property' and teach you how to build your plan in 52 minutes!
5/14/2024 • 1 hour, 21 minutes, 11 seconds
Buy a house with $0 cash – The No Cash Needed method ⎜ Ep. 1707
In this episode, we discuss the No Cash Needed Method.
This is where you can buy a house with $0 of cash.
We walk through a case study of where Ed bought a house using this method so you can figure out if you can do it too.
And we also mention our Useable Equity calculator Try it out for yourself.
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5/14/2024 • 10 minutes, 13 seconds
Our honest advice for getting financial freedom ⎜ Ep. 1706
In this episode, we discuss our honest advice for achieving financial freedom.
This includes how to create a plan, set goals, and find out if you're already on track to hit them.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
5/13/2024 • 19 minutes, 11 seconds
What's a good yield? Updated Figures [2024] ⎜ Ep. 1705
In this episode, we discuss what a good gross yield is for property investors in 2024.
We look at data from TradeMe and OneRoof to figure out what yield property investors are actually getting.
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5/12/2024 • 15 minutes, 41 seconds
Case Study Sunday – "I own 4 properties at 38" ... How Dave did it ⎜ Ep. 1704
In this episode, we are joined by Dave from Hamilton. At just 38 years old, Dave already owns 4 properties.
He talks us through how he did it, the struggles he came up against ... and what it's all for.
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5/11/2024 • 19 minutes, 10 seconds
"I lost $10k from one bad decision" ⎜ Ep. 1703
In this episode, we discuss how this investor lost $10k from a single bad decision.
We share how this investor tried to find the perfect tenant possible – but in doing so, their property was empty for weeks.
This cost them thousands of dollars.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
5/10/2024 • 11 minutes, 15 seconds
Where is my money going? Ed + Andrew read their bank statements ⎜ Ep. 1702
In this episode, we discuss where our money is going. This includes what we spend money on and what we can cut back on.
We read out our credit card and bank statements to show you just how much we're frittering away (and how much you might be too.
This should be useful for property investors who are struggling with cashflow and need to find quick ways to cut back.
YouTube clip from Saturday Night Live
5/9/2024 • 18 minutes, 23 seconds
Are all Kainga Ora tenants gang members? ⎜ Ep. 1701
In this episode, we discuss who Kainga Ora tenants are and share their real stories.
This includes how Kainga Ora properties impact surrounding property prices and who these tenants really are.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
5/8/2024 • 13 minutes, 47 seconds
Easier to get a mortgage? New rules coming soon (CCCFA) ⎜ Ep. 1700
In this episode, we discuss the new CCCFA mortgage rules that have just been announced by the National government.
We go through what the rules mean, and whether it will actually make it easier to get a mortgage.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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5/7/2024 • 12 minutes, 40 seconds
Cheaper to build + renovate property? What the government's building changes mean ⎜ Ep. 1699
In this episode, we are joined by Kyle Brookland from Informed Inspections – a property inspection company.
Kyle discusses the new building changes, including whether building materials will actually get cheaper once the rules change.
We also discuss how long it will take for the changes to flow through to the market.
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5/6/2024 • 15 minutes, 37 seconds
Revealed: When will I die? Actual numbers revealed ⎜ Ep. 1698
In this episode, we discuss how long we will live, and when we'll die.
This is based on numbers from Stats NZ that estimate how long we'll live and what it means for our retirement.
And we mention you can figure the numbers out for yourself using our 'How long will I live' spreadsheet. Click here to download your own copy to try.
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5/5/2024 • 16 minutes, 24 seconds
Case Study Sunday – "My Financial Adviser Fooled Me" – Livii ⎜ Ep. 1697
In this episode, we have another Case Study Sunday. Today we are joined by Livii, a property investor from Wanaka.
Livii shares her story, starting with the time she built a dual-income property.
It continues on to a time where her financial adviser pulled a fast one – and misled her.
She shares her tips for how you can avoid shady advisers to and how to grow your wealth.
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5/4/2024 • 16 minutes, 35 seconds
How to make money in your 20s vs 30s vs 40s vs 50s ⎜ Ep. 1696
In this episode, we discuss how to manage your money mindset across your lifetime.
This includes the mindset you should have in your 20s vs your 30s, your 40s and your 50+.
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5/3/2024 • 14 minutes, 54 seconds
Moving overseas as a property investor? – Don't forget these 4 things ⎜ Ep. 1695
In this episode, we discuss the 4 things you need to think about as a Kiwi property investor if you're moving overseas.
This includes what to think about when it comes to tax, managing your properties and sorting your mortgage.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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5/2/2024 • 13 minutes, 9 seconds
Xero vs Excel vs Hnry – Top 3 best accounting software for property investors ⎜ Ep. 1694
In this episode, we compare the top 3 best accounting systems and software for property investors.
This includes comparing Xero with Excel vs Hnry.
Ultimately, you can use this to choose the best accounting system for you and your portfolio.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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5/1/2024 • 13 minutes, 36 seconds
House sold for $1 – do one-dollar reserve auctions work? ⎜ Ep. 1693
In this episode, we discuss the house that sold for just a single dollar.
This includes a discussion of $1 reserve auctions and whether they really work.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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4/30/2024 • 14 minutes, 33 seconds
Should I Pay Down Debt vs Invest – Live Case Study ⎜ Ep. 1692
In this episode, we discuss a case study of whether this couple should pay down debt or invest.
We dig through their numbers, consider their goals and share what their potential options are.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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4/29/2024 • 15 minutes, 44 seconds
Revealed: Do houses with more land go up in value faster? ⎜ Ep. 1691
In this episode, we discuss whether properties with more land get more capital growth and go up in value faster.
This is based on a new data from CoreLogic and provided to the podcast.
It shows that properties with more land don't go up in value much faster than properties with less land.
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4/28/2024 • 12 minutes, 38 seconds
Case Study Sunday – We 2.5x our income by moving to Australia – Tamati and Liana ⎜ Ep. 1690
In this episode, we are joined by Tamati and Liana to talk about their property investment journey.
They share how they 2.5x their incomes by moving to Australia.
They share how they did, what properties they're investing in and what they're doing for their future.
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4/27/2024 • 18 minutes, 13 seconds
6 years of changes in 6 months – Do you realise how much is going on? ⎜ Ep. 1689
In this episode, we discuss the big changes that are happening in the property market.
This includes tax changes, tenancy law changes, lending changes. All up, we reckon there's about 6 years of changes coming in the next 6 months.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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4/26/2024 • 12 minutes, 51 seconds
Buyers market vs sellers market – what's the difference? ⎜ Ep. 1688
In this episode, we discuss the differences between buyers and sellers markets.
This includes how to tell whether it is currently a buyers or a sellers market.
You'll also learn what emotions you'll need to overcome to make the most of each type of market.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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4/25/2024 • 12 minutes, 18 seconds
New inflation data – The good and bad news ⎜ Ep. 1687
In this episode, we discuss the latest inflation data.
Inflation has fallen to 4%. That's good. but domestic inflation is still high.
What does it mean for your interest rates and mortgage? Join Ed and Andrew to find out.
And we also mention our upcoming webinar 'Build your $100K retirement plan in 52 minutes'. It's on Tuesday May 14th at 7pm. Click the link to register.
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4/24/2024 • 11 minutes, 51 seconds
Buying vs investing in property – what's the difference? ⎜ Ep. 1686
In this episode, we discuss the differences between buying a property vs investing in property.
We share how – as a property investor – you need to look at properties in a very different way than if you were buying them to live in.
We give you the tools so you can see whether you are looking to buy a property or invest in property.
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4/23/2024 • 15 minutes, 15 seconds
Buying and selling off-market – is it a good idea? ⎜ Ep. 1685
In this episode, we discuss buying and selling properties off-market.
This includes the pros and cons for both sellers and buyers.
This is to give you a good sense of whether using an off-market strategy could be the right fit for you.
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4/22/2024 • 12 minutes, 45 seconds
The Property Clock: how to time the market (the right way) ⎜ Ep. 1684
In this episode, we discuss the property clock.
This is a classic model investors use to understand the property cycles and what might happen next in the market.
We walk you through a standard cycle around the property clock along with what you can expect at each stage.
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4/21/2024 • 16 minutes, 13 seconds
Case Study Sunday – "$50k passive income in 7 years" with Hannah Presswood ⎜ Ep. 1683
In this episode, we are joined by Hannah Presswood for another Case Study Sunday.
Hannah shares the story of how she started investing in property ... how she has grown her portfolio.
And most importantly, she shares how she's now on track to build a $50k passive income over the next 7 years.
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4/20/2024 • 16 minutes, 3 seconds
Interest rates vs house prices – should I wait for interest rates to come down before I invest in property? ⎜ Ep. 1682
In this episode, we compare interest rates and house prices.
We specifically look at the numbers to see whether you should wait for interest rates to come down before you invest in property.
We know that interest rates will likely come down. But when that happens, house prices will probably go up.
So what's better? Waiting or buying now?
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4/19/2024 • 9 minutes, 57 seconds
How to set the right rent for your investment property ⎜ Ep. 1681
In this episode, we discuss the Right Rent system. This comes from Ed and Andrew's book – Wealth Plan.
It includes the exact process that you can use to set the right rent for your property every single time.
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Rental yield
Want to know what your investment property could earn? Use our rental yield calculator to forecast your property's potential income.
4/18/2024 • 15 minutes, 19 seconds
Government announces 'Pet Bonds' – what property investors need to know ⎜ Ep. 1680
In this episode, we discuss the government's most recent change to the tenancy laws.
This includes details about the policy of pet bonds.
Soon, property investors will be able to charge an extra 2 weeks' worth of rent to their tenants.
But how does it work and what other changes are coming? That's what you'll learn in the show.
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Rental yield
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4/17/2024 • 16 minutes, 10 seconds
Bonus: New Tax Rules For Kiwi Property Investors [2024] - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'New Tax Rules For Kiwi Property Investors [2024]'.
4/16/2024 • 1 hour, 16 minutes, 10 seconds
Should property investors lower their rent? The morals of property ⎜ Ep. 1679
In this episode, we discuss whether property investors have a moral obligation to lower their rents when the tax rules change.
National's tax cuts will improve investor's cashflow.
We dig through the data to show how much rents have gone up vs costs over the last few years.
This gives you a sense of whether investors have extra money to pass on to tenants.
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4/16/2024 • 11 minutes, 56 seconds
The accidental capital gains tax (Tainting). Where investors go wrong ⎜ Ep. 1678
In this episode, we discuss tainting and when property investors accidentally need to pay tax on their capital gains.
This is particularly important when the bright line test changes. Because developers, traders, property flippers and builders will have stricter rules.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
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Cashflow calculator –
Want to quickly calculate your investment property's cashflow? Use our cashflow calculator to find out.
4/15/2024 • 12 minutes, 55 seconds
Property developers – how to get your projects off the ground ⎜ Ep. 1677
In this episode, we discuss how property developers can get their projects off the ground.
This includes which buyers to target, how to get pre-sales, where to build your properties and how to know what type of properties to build.
We mention a few of our best resources including:
Capital growth and yield maps for the Auckland property market
The tenant tool
Weekly newsletter –
Want exclusive insights into the NZ property market? Join Andrew Nicol's private property community with the other 30,000 people. Delivered to your inbox every Thursday.
Get all our best resources for free –
The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.
4/14/2024 • 14 minutes, 41 seconds
Case Study Sunday – Joe buys NZ houses from the USA ⎜ Ep. 1676
In this episode, we are joined by Joe, a German who lives in the USA, who is currently investing in NZ property.
Joe walks us through why he made the decision to invest in NZ property, rather than over in the USA.
He also shares the differences between buying property in Australia vs New Zealand.
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4/13/2024 • 19 minutes, 33 seconds
How long does a property cycle last? Auckland vs rest of NZ ⎜ Ep. 1675
In this episode, we discuss how long a property cycles lasts in New Zealand.
We compare property cycles in our major centres vs the regions and share how long each part of the property cycles takes.
This includes the boom, the peak, the downturn and the trough.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
Want exclusive insights into the NZ property market? Join Andrew Nicol's private property community with the other 30,000 people. Delivered to your inbox every Thursday.
Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.
Wondering what your property could be worth in the future? Use our capital growth calculator to uncover your investment's potential value.
4/12/2024 • 15 minutes, 56 seconds
Property maintenance - how much does it cost? ⎜ Ep. 1674
In this episode, we discuss how much investors should spend on property maintenance per year.
We go through a couple of examples to show you how much to budget based on how old your property is and the condition.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
Want exclusive insights into the NZ property market? Join Andrew Nicol's private property community with the other 30,000 people. Delivered to your inbox every Thursday.
Want to quickly calculate your investment property's cashflow? Use our cashflow calculator to find out.
4/11/2024 • 13 minutes, 43 seconds
How to get the money to flip properties – Basecorp ⎜ Ep. 1673
In this episode, we discuss how Kiwis can get the money to flip properties.
For this we are joined by John Moody, Chief Financial Officer at Basecorp. They are one of the largest lenders who work with property flippers in New Zealand.
John shares which loan applications Basecorp tends to approve (and which they say no to).
This is a must listen for any property flippers.
4/10/2024 • 20 minutes, 5 seconds
How much more expensive are New Builds vs existing homes? ⎜ Ep. 1672
In this episode, we discuss how much more expensive New Builds are compared to existing properties.
This is based off new data released from CoreLogic which shows the "New Build premium".
We share that New Builds are currently about 5.6% more expensive than existing properties and that this is slightly below the historical average.
4/9/2024 • 11 minutes, 29 seconds
Jargon Buster: Freehold vs cross lease vs unit title vs leasehold ⎜ Ep. 1671
In this episode, we discuss different ways of owning land in New Zealand.
We cut through the jargon to let you know what terms like freehold, cross lease, unit title and leasehold mean.
This includes the differences and what you need to look out for as a home buyer or property investor.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
4/8/2024 • 12 minutes, 12 seconds
How to buy a house with 10% deposit – and what's the catch? ⎜ Ep. 1670
In this episode, we discuss whether it's possible to buy a property with a 10% deposit.
We talk about who can get access to this low deposit lending, and what the extra costs and fees are.
We also share which banks are more willing to let investors purchase properties with lower deposits.
Ultimately, you can use this information to get a sense of whether you should buy a property with a lower deposit.
4/7/2024 • 17 minutes, 4 seconds
Case Study Sunday – How Helena and Harish are handling high interest rates ⎜ Ep. 1669
In this episode, we are joined by Helena and Harish to discuss their property investment journey.
This includes how they are handling today's higher interest rates.
We also talk about how they stress tested their budget to make sure they could afford the property even if interest rates went up.
Want to share your story on Case Study Sunday? Send us a message, email [email protected]
4/6/2024 • 12 minutes, 49 seconds
Can I negotiate a cheaper house price in Winter? ⎜ Ep. 1668
In this episode, we discuss how the weather impacts the property market.
This includes all of the seasonal impacts on the property market.
We look at whether house prices go down in Winter and when the best time to buy and sell a property is.
Ultimately you can use this information to figure out when the best time to buy a property is.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
4/5/2024 • 12 minutes, 59 seconds
How much vacancy will I have? How often won't I have a tenant? ⎜ Ep. 1667
In this episode, we discuss how much vacancy property investors should expect.
This includes how often you won't have a tenant and therefore how much rent your property might miss out on.
This includes what causes vacancy and how to minimise it.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
4/4/2024 • 13 minutes, 50 seconds
Is Adrian Orr The Worst Reserve Bank Governor Ever? ⎜ Ep. 1665
In this episode, we are joined by Matthew Gilligan from Gilligan Rowe and Associates to discuss the legacy of Adrian Orr.
This includes whether Adrian Orr is the worst Reserve Bank Governor in history, and whether he (and the monetary policy committee) did the right things during the pandemic.
Matthew argues that the Reserve Bank Governor messed up. Whereas, Ed argues that the legacy isn't so black and white. After all, it's easy to point fingers after the fact.
Ultimately, it's up to you to decide who wins the debate. Will Adrian Orr be remembered as the worst Reserve Bank Governor ever?
4/2/2024 • 15 minutes, 33 seconds
Tiny Homes – Do they stack up as a good investment? ⎜ Ep. 1666
In this episode, we discuss tiny homes and whether they stack up as a good investment.
This includes how much tiny homes cost, what the interest rates are and how you get a mortgage.
We also discuss some of the things you'll need to think about if you decide to rent out a tiny home (or buy one for yourself).
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
4/2/2024 • 15 minutes, 37 seconds
Protect Yourself from Property Disaster with Trusts – Matthew Gilligan ⎜ Ep. 1664
In this episode, we are joined by Matthew Gilligan from Gilligan Rowe and Associates.
Matthew discusses how to protect yourself from property investment disaster with trusts, companies and the right types of structures.
This includes how to set up your wills and trusts so that your children, dependents and assets are secure.
4/1/2024 • 21 minutes, 55 seconds
How to buy the house your tenants want [Free tool] ⎜ Ep. 1663
In this episode, we discuss how to buy the house your tenants want.
This includes giving you our new Opes Tenant Tool. You can use this to figure out what tenants are looking for in your area.
That way you can buy the house your tenants are willing to rent. This should lower your vacancy and improve your cashflow.
3/31/2024 • 13 minutes, 37 seconds
Case Study Sunday – Tauranga couple invests for the future (Kate and Sean) ⎜ Ep. 1662
in this episode, we are joined by Kate and Sean to talk about their property investment journey.
We talk about what it's all for, and what they want to get out of property investment.
They also share how even though they bought close to the top of the market, they don't mind so much.
Now that their house has fallen in value, they wouldn't be able to buy today anyway.
Willing to share you story on Case Study Sunday? Let us know – [email protected]
3/30/2024 • 18 minutes, 2 seconds
Airbnb review: Should I turn my investment property into an Airbnb? ⎜ Ep. 1661
In this episode, we discuss whether you should turn your investment property into an Airbnb.
We run the numbers on one of Ed's properties to see how the cashflow compares to a long term rental.
We also talk through the steps he'd have to take if he wanted to turn it into an Airbnb.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/29/2024 • 16 minutes, 2 seconds
3x your retirement income [Case study] ⎜ Ep. 1660
In this episode, we discuss a case study of a property investor who is already retired.
He owns a $1 million property without a mortgage, but he only earns $12k in the hand a year.
We talk through what he could do to increase his income and the different options available to him.
Ultimately, we share several ways he could more than 3x his retirement income.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/28/2024 • 10 minutes, 37 seconds
Lower Interest Rates from Heartland Bank – What's the Catch? ⎜ Ep. 1659
In this episode, we discuss why Heartland bank has the lowest interest rate ... and whether it's worth it.
We talk through the catches – like how you can only get it for your own home.
And how it really isn't the right fit for property investors.
Ultimately, you can use this information to figure out whether it's the right rate for you.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/27/2024 • 10 minutes, 51 seconds
How Much Less Tax Will I Pay? Interest Deductibility – How it Impacts You ⎜ Ep. 1658
In this episode, we discuss how much less tax property investors will pay once the interest deductibility rules change.
This includes looking at different situations to see who will pay a lot less tax, who will pay a bit less tax, and who nothing will change for.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/26/2024 • 10 minutes, 53 seconds
Break Fees – How Much Does It Cost to Break My Mortgage? ⎜ Ep. 1657
In this episode, we talk about mortgage break fees and how much it costs to break your mortgage.
When interest rates start to fall, many Kiwis will ask "is it better to break my loan and take a cheaper rate?
We dig through the numbers so you can figure out if it's worth breaking your loan and trying to negotiate a better deal.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/25/2024 • 11 minutes, 47 seconds
Ranked: Where are House Prices Bouncing Back Fastest? ⎜ Ep. 1656
In this episode, we discuss where house prices are bouncing back fastest.
We share how some regions are bouncing back quickly (and have even surpassed their Covid peaks).
Places like Dunedin are up 9% compared to the bottom of the market, and others like Auckland are almost 6% up.
But, some parts of the country haven't crept up much at all. we share where prices are bouncing back fast (and which aren't).
3/24/2024 • 11 minutes, 49 seconds
Case Study Sunday – 1st Time Property Investors Heidi and Nath ⎜ Ep. 1655
In this episode, we are joined by Heidi and Nath who share how they have just become first time property investors.
This includes what went well (and what didn't go to plan).
We dig into why they wanted to become property investors in the first place, what it's all for and what they want to get out of property.
3/23/2024 • 15 minutes, 22 seconds
New Interest Deductibility Rules: A Definitive Guide ⎜ Ep. 1654
In this episode, we discuss National's new interest deductibility rules.
This is your definitive guide to the rules, what they are and what they mean.
There have been lots of proposals for what the rules should be. So some property investors are confused about what the rules actually are.
Here, Ed and Andrew lay down the law and share what the final rules are.
3/22/2024 • 8 minutes, 16 seconds
Is It All For Capital Growth + Is It Unfair?⎜Ep. 1653
In this episode, we discuss whether property investors just invest for capital growth.
We also discuss whether that's unfair. This is after Ed appeared on Newstalk ZB to talk about the latest changes to the tax rules.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/21/2024 • 13 minutes, 6 seconds
Top 6 Myths About Property Investors Debunked ⎜ Ep. 1652
In this episode, we discuss the top 6 myths about property investors.
This includes myths like interest deductibility – is it just an unfair tax cut for property investors who don't need it.
We also dig into the idea of a capital gains tax and whether property investment is different from other businesses.
And we also mention our upcoming webinar Property Investment Webinar: NZ Tax Edition happening on Tuesday 16th April at 7pm.
3/20/2024 • 17 minutes, 53 seconds
How the OCR Really Impacts Interest Rates ⎜ Ep. 1651
In this episode, we discuss how the OCR impacts mortgage interest rates.
We talk about what the OCR is, how the banks use it, how it impacts swap rates and how it eventually impacts your mortgage interest rate.
As you'll learn, it takes time for the OCR to impact your mortgage interest rate.
And your mortgage interest rates can start to go up or down even before the OCR moves.
3/19/2024 • 14 minutes, 6 seconds
Inflation for Dummies – How Inflation Works For Property investors ⎜ Ep. 1650
In this episode, we discuss inflation, what it is, how it works. And what you need to know as a property investor.
This includes how to calculate the returns you actually get when you invest in property.
That means how you factor in the 'time value of money', and how to make sure that property investment builds you a better life.
3/18/2024 • 10 minutes, 8 seconds
Forecasts vs Reality – Are Our House Price Forecasts Correct? ⎜ Ep. 1649
In this episode, we dig through house price data to see whether our standard house price forecasts match up to reality.
Can you reliably say that house prices go up 5% or 6% a year?
And how easy is it to fudge the numbers and make it sound like property always goes up in value?
We dig through the numbers to see whether these assumptions are correct.
3/17/2024 • 13 minutes, 53 seconds
Case Study Sunday: Breaking The Poverty Cycle with Sera and Quentin ⎜ Ep. 1648
In this episode, we are joined by Sera and Quentin. This couple share their inspiring story.
From humble beginnings, these two started out by working 5 jobs between them.
Now they've paid off the mortgage and are investing in property.
They're helping their families learn about property and are breaking the poverty cycle.
3/16/2024 • 23 minutes, 43 seconds
Are Holiday Homes a Good Investment? ⎜ Ep. 1647
In this episode, we discuss whether holiday homes are a good investment.
We look at Airbnb data to get a sense of the returns you can make investing in holiday homes.
Then we talk about where you can invest and how much it might cost to invest in a holiday home.
3/15/2024 • 12 minutes, 32 seconds
Top Problems with Property Investment Companies ⎜ Ep. 1646
In this episode, we discuss the top problems with property investment companies.
We talk about what these companies get wrong, and what you need to look out for as someone thinking about using one of these businesses.
This includes companies like Opes Partners, Propellor Property Investments, Momentum Realty, enable.me, Positive Real Estate and others.
It also applies to any company who recommends New Builds as an investment option.
3/14/2024 • 16 minutes, 52 seconds
Interest Deductibility Rules Changed – Property Investors to Pay Less Tax ⎜ Ep. 1645
In this episode, we discuss the recently announced interest deductibility tax rules.
We're going back to the old rules. Property investors will be treated like every other business and will pay less tax.
Interest will be deductible again, some property investor's cashflows will change.
But not all property investors will feel the full extend of the change. We dig through the data on who will and won't see a big difference from the changing tax rules.
3/13/2024 • 13 minutes, 31 seconds
Bonus: NZ Property Market Update – 3 Steps To Make Money in Property in 2024 - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'NZ Property Market Update – 3 Steps To Make Money in Property in 2024'.
3/12/2024 • 1 hour, 26 minutes, 48 seconds
Dream Home vs Reno and Invest – Case Study ⎜ Ep. 1644
In this episode, we discuss whether this investor should buy their dream home ... or renovate and invest.
This comes from a listener of the show who is tempted to upgrade their own home.
But they're also considering growing their portfolio.
We run through the numbers so you can get a sense about what may be the right fit for you.
3/12/2024 • 16 minutes, 31 seconds
Revealed: Where Are Properties Selling Above CV? ⎜ Ep. 1643
In this episode, we discuss where properties are selling above (and below) their CV.
This includes the areas where properties are selling 40-60% above the CV.
On the other hand, there are some areas where properties are selling 20% below CV.
This data is from February 2024.
We also mention our new Opes Partners monthly Data Newsletter. Click here to subscribe.
3/11/2024 • 12 minutes, 56 seconds
How Long For Property Prices to Recover? Exact Numbers Revealed ⎜ Ep. 1642
In this episode, we discuss how long it could take for property prices to recover.
If you bought at the top of the market, you've faced the perfect storm. House prices have gone down, and interest rates have gone up.
But how long could it take for property prices to recover and fully regain their previous peak?
That's what you'll find out in this episode.
And we also mention our latest newsletter, a monthly property market update straight to your inbox...sign up for all the latest data!
3/10/2024 • 11 minutes, 17 seconds
Case Study Sunday – Mortgage Free at 40 – How Maurice Will Do It With Investment Property ⎜ Ep. 1641
In this episode, Maurice Wills joins us to discuss his property investment journey.
Like you, Maurice is a listener of the show. He went on his OE and saved enough to buy his own home.
He then bought an investment property, which has gone up in value.
He plans to sell this property soon to pay off his mortgage. He'll be mortgage-free at 40.
3/9/2024 • 13 minutes, 51 seconds
Easier to Borrow Money For Property Soon? National's CCCFA Revamp ⎜ Ep. 1640
In this episode, we discuss National's pledge to revamp and rewrite the CCCFA (the Credit Contracts and Consumer Finance Act).
This law saw first-time home buyers being denied a mortgage because of gym memberships, Kmart purchases, and their coffee addictions.
But National wants to rewrite the law so more people can get a mortgage.
But what does it actually mean, and why did the new rules come in, in the first place?
3/8/2024 • 12 minutes, 55 seconds
Buy a House With No Deposit ... What's The Catch? ⎜ Ep. 1639
In this episode, we discuss Wolfbrook's latest marketing tactic – offering property buyers the chance to buy a house with 'no deposit'.
But what's the catch? And is it a good idea or just a clever marketing tactic?
We take you through the pros and cons, what you have to do to get the deal, and who it may be the right fit for.
3/7/2024 • 13 minutes, 16 seconds
'Property Ruined My Life' – Should I Sell and Take a $150k Loss? ⎜ Ep. 1638
In this episode, we discuss a case study of a listener of the show.
This investor bought a property in Hamilton. Since then, it has gone down in value, and high interest rates are killing his cash flow.
He's wondering whether it is better to hold on to the property or sell and take the $150k loss.
We walk through the numbers to show what could happen if he holds vs what happens if he sells.
3/6/2024 • 13 minutes, 45 seconds
Should I Buy, Should I Sell? – Should I Wait, Should I Invest? ⎜ Ep. 1637
In this episode, we discuss whether you should buy, sell, wait or invest.
We go through different case studies and situations. These show who should buy, and who should sell.
Through this you can get a sense of what your next step in the property market should be.
3/5/2024 • 12 minutes, 46 seconds
Property Investment Scams – How to Avoid Getting Conned ⎜ Ep. 1636
In this episode, we discuss different property investment scams.
This includes how to spot common scams and cons, so that you don't lose tends (or hundreds) of thousands of dollars.
We cover redirection scams, fake asset scams and timeshares.
3/4/2024 • 12 minutes, 38 seconds
The Hidden Costs When You Buy a Property + When You Pay Them ⎜ Ep. 1635
In this episode, we discuss all the hidden costs you'll face when you buy a property.
This includes building inspection fees, lawyer costs, interest, the cost of new keys, and so much more.
You can use this information to get prepared for all the costs you'll face when you start investing. Because these are all the setup costs you'll need to pay.
3/3/2024 • 16 minutes, 41 seconds
Case Study Sunday – Started Investing at 23 ... Now I Own 3 Investment Properties. With Mike Pestas ⎜ Ep. 1634
In this episode, we are joined by Mike, a property investor and listener of the show.
Mike started investing in property at 23. Now he owns 3 investment properties and his own home in Wanaka.
Mike shares they story about how he grew his property portfolio, even when the lending started to get tough.
3/2/2024 • 24 minutes, 40 seconds
The Chance of Winning Lotto Revealed ⎜ Ep. 1633
In this episode, we discuss how likely it is that you'll win Lotto.
This includes your chance of winning Powerball and 1st division.
We also discuss the chance that you win big if you consistently play Lotto over the next 20 years.
All of this is to give you a sense of whether you should bet your retirement strategy on winning Lotto.
3/1/2024 • 17 minutes, 2 seconds
Bridging Finance – The Complete Guide For Home Owners and Investors ⎜ Ep. 1632
In this episode, we discuss bridging finance. This includes how it works, how much it costs and how you can get a bridging loan.
We go through the rules and regulations, compare open and closed bridging finance and talk about the fishhooks where borrowers get caught out.
Ultimately this is so you can decide whether a bridging loan is the right move for you.
2/29/2024 • 12 minutes, 56 seconds
OCR Holds at 5.5% – What It Means For Interest Rates ⎜ Ep. 1631
In this episode, we discuss the latest OCR decision and monetary policy statement from the Reserve Bank.
This includes what it means for interest rates, property prices, and your mortgage.
We play clips from the recent press conference so you can get under the hood and understand what the Reserve Bank really means.
2/28/2024 • 11 minutes, 26 seconds
Has ANZ Lost The Plot? 6% OCR Forecast Reviewed ⎜ Ep. 1630
In this episode, we discuss ANZ's recent OCR forecasts, along with why they think the OCR will go up to 6%.
We go through their house price and interest rate forecasts and go through what the media may have missed.
This is all as a preview for the next OCR announcement that comes out this afternoon.
2/27/2024 • 11 minutes, 3 seconds
Offset Mortgage vs Revolving Credit – Which is Better? ⎜ Ep. 1629
In this episode, we compared offset mortgages vs revolving credits.
This includes what they cost, how they work and how you can use them to save money on your mortgage.
We go through which banks offer each option and what actually makes them different.
That way you can decide which option is right for you.
2/26/2024 • 13 minutes, 8 seconds
Which Properties Sell Fastest? The Top 5 Factors Ranked ⎜ Ep. 1628
In this episode, we dig into the data to find out which properties sell the fastest.
We look at 5 factors, including the number of bedrooms a property has, the land type, the property type, the price and the location of the property.
You can then use this as a priority list to understand which factors you should pay attention to and which don't matter as much.
2/25/2024 • 15 minutes, 9 seconds
Case Study Sunday – Andrew Coaches Podcast Listener Live – with Jesse ⎜ Ep. 1627
In this episode, we are joined by Jesse for a live coaching session.
Here, Andrew reviews Jesse's portfolio and financial situation and then recommends what she should do next in her property career.
Jesse shares how she bought her first home in Canterbury, which is now an investment property. But should she keep it?
That's what she and Andrew discuss.
2/24/2024 • 20 minutes, 8 seconds
How Do I Find Good Boarders – & How Much Can I Charge Them? ⎜ Ep. 1626
In this episode, we discuss how you can find good boarders for your property.
This includes where to find boarders and flatmates, how to tell if they're any good, and how much you can make by having a boarder.
If you are looking to pay off your mortgage early by getting flatmates, this is the episode to listen to.
2/23/2024 • 13 minutes, 28 seconds
Steve Goodey – Full Time Property Investor & The Lessons it Took 25 Years to Learn ⎜ Ep. 1625
In this episode, we are joined by Steve Goodey, a professional, full-time property investor.
Steve shares his biggest learnings, including the lessons it took 25 years to learn.
He also tells us what he'd do if starting again from scratch.
And we also mention the Succeed in Property Bootcamp with Steve Goodey Sunday, 17 March in Auckland. Click the link to get your tickets
2/22/2024 • 16 minutes, 17 seconds
OCR Increase to 6%? ANZ's Predictions Under the Microscope ⎜ Ep. 1624
In this episode, we discuss out latest interest rate predictions, including whether the OCR could go up to 6%.
ANZ, our country's largest bank predicts that the OCR could go up further. Could it happen, or are they just thirsty for headlines?
We dig through the numbers and other banks predictions so you can get a sense of what might happen to interest rates.
2/21/2024 • 12 minutes, 40 seconds
How Much Did You Make in Property? 10 Year Review of an Average House ⎜ Ep. 1623
In this episode, we discuss how much you could have made by buying an average property in New Plymouth over the last 10 years.
This includes a look at the actual interest rates, inflation, rental inflation and property price growth you would have seen.
Ultimately, this gives you a sense of how much you can make each year in property and how volatile the returns tend to be.
We also mention Private Property, Andrew's free weekly newsletter. Click the link to get a copy in your inbox.
2/20/2024 • 9 minutes, 56 seconds
How Many Properties Can I Buy in 10 Years? New Data Reveals How Fast You Can Grow Your Portfolio ⎜ Ep. 1622
In this episode, we discuss how many properties you can buy over the next 10 years.
This includes new data from the Reserve Bank that reveals how many properties you can buy before and after the DTIs come in.
We also talk about how many properties you can potentially buy if you invest outside of the DTI rules.
2/19/2024 • 9 minutes, 23 seconds
Best Places to invest under $500k (Tier List) ⎜ Ep. 1621
In this episode, we go through the top places to invest where house prices are under $500k.
We look at whether each area is under or overvalued, how high incomes are and what the average yield is.
This includes a look at towns like Taumaranui, Invercargill, Whanganui, Ashburton and many other towns in New Zealand.
2/18/2024 • 20 minutes, 20 seconds
Case Study Sunday: 4 Properties at 33 – Tessa and Adam's Story | Ep. 1620
In this episode, we are joined by Tessa for another Case Study Sunday.
Here, Tessa shares how she and her husband Adam bought 4 properties over the last 10 years.
Now they are in their mid-30's and own 4 properties – their own home and 3 investment properties.
This includes how they saved for their first and second home deposits, the opportunities they took and the money they've made.
2/17/2024 • 15 minutes, 8 seconds
The Servicing 7 – How To Keep Investing When DTIs Come In ⎜ Ep. 1619
In this episode, we discuss the Servicing 7. These are the 7 tactics you can use to keep investing even when DTIs come in.
This includes actions like investing in New Builds or commercial properties, and using non-bank lenders.
With these tactics in mind, you may be able to keep growing your portfolio even when these new rules come in.
2/16/2024 • 13 minutes, 59 seconds
NZ Getting a Capital Gains Tax (CGT)? Did Stuff.co.nz Lie? ⎜ Ep. 1618
In this episode, we discuss a recent Stuff.co.nz article. This article suggested that Treasury thinks NZ needs a Capital Gains Tax.
We talk about the documents that Stuff.co.nz reported on, and whether the news website was being entirely truthful.
As we discover, the impression the article gives is not entirely accurate.
And as mentioned here is the link to Treasury's Briefing to Incoming Minister of Finance slide deck.
2/15/2024 • 15 minutes, 23 seconds
Ranked: Best Places To Invest in NZ – Tier List ⎜ Ep. 1617
In this episode, we discuss where the best places to invest in New Zealand are.
This includes a discussion of how over or undervalued each area is, the average house price, and the yields.
Ultimately you can use this information to get a sense of where to (and where not to) invest.
2/14/2024 • 14 minutes, 25 seconds
Bonus: How to keep buying property when DTI’s come in [2024] - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How to keep buying property when DTI’s come in [2024]'.
2/13/2024 • 1 hour, 29 minutes
Contaminated Land – Should I Buy a Property on Contaminated Land? ⎜ Ep. 1616
In this episode, we discuss what property investors and homeowners need to know about buying property that is on contaminated land.
We talk about how a piece of land gets contaminated and what you can do to fix it.
This includes what to look out for and how to know if it is a real issue (or not).
2/13/2024 • 14 minutes, 10 seconds
Co-ownership Schemes – Scam or Sound Investment? ⎜ Ep. 1615
In this episode, we discuss co-ownership schemes and whether they are a scam ... or a sound way to get into property.
We review different shared equity schemes, including those by Kainga Ora, the Housing Foundation, Ngai Tahu, YouOwn, Own by Williams and Aera.
This includes the pros and cons of each scheme, how they make their money and whether it could be the right fit for you.
2/12/2024 • 12 minutes, 11 seconds
How Much Discount Can I Negotiate Off My Interest Rate? ⎜ Ep. 1614
In this episode, we discuss how much discount you can negotiate off your interest rate when you get a mortgage.
We look at the latest rates our team at Opes Mortgages have got from the banks, along with what the lenders are actually advertising.
This gives you a sense of what rates you can actually get from a bank when you next apply for a mortgage.
2/11/2024 • 13 minutes, 48 seconds
Case Study Sunday – Getting Killed By High Interest Rates. Should I Sell My First Home? ⎜ Ep. 1613
In this episode, we discuss a case study of a first home buyer who is getting killed by high interest rates.
He asks whether he should sell his home and rent instead.
We dig through the numbers to look at whether it makes sense to sell his home, rent, and try to buy it back later when interest rates are lower.
2/10/2024 • 14 minutes, 47 seconds
Interest Rate Predictions 2024 – When Will Rates Come Down? ⎜ Ep. 1612
In this episode, we discuss our latest interest rate predictions for 2024.
This includes how fast interest rates could come down, and the data behind the predictions.
We look at interest rate forecasts out of the banks and talk about our long term interest rate forecasts.
2/9/2024 • 13 minutes, 1 second
Pilfered or Protected – Trusts vs Companies vs Own Name – Best Way to Own a Property ⎜ Ep. 1611
In this episode, we discuss the best way to own an investment property – trusts vs companies vs own name.
We go through a couple of case studies to show when each structure would work best.
Ultimately, you need to talk to an accountant to figure out the right way to own properties in your situation. But, using this podcast, you can get a sense of what could be right for you.
2/8/2024 • 12 minutes, 52 seconds
130,000 New Kiwis From Net Migration. Where Do They All Go? ⎜ Ep. 1610
In this episode, we discuss how high net migration impacts the New Zealand property market.
This includes where the new migrants choose to live, and how many properties they tend to buy.
We also mention our upcoming webinar New mortgage rules: How to keep buying property when DTI’s come in [2024] on Tuesday February 13th at 7pm. Click the link to register
2/7/2024 • 13 minutes, 9 seconds
5 Facts Property Developers Need to Hear ⎜ Ep. 1609
In this episode, we go through 5 facts that property investors need to hear in today's market.
This includes how to price your properties, what to build, where to build it, and how to make all of these decisions.
Ultimately, this shows that property development is more than just putting up a few houses.
And we also mention our upcoming Developer Event in Auckland on March 21st, so click the link to register.
2/6/2024 • 13 minutes, 3 seconds
Your DTI Questions Answered – Debt to Income Ratios⎜ Ep. 1608
In this episode, we answer some of the main questions investors and first home buyers have about debt to income ratios (DTIs).
This includes what DTIs are, how they'll impact the property market and who will be most impacted.
We also mention our upcoming webinar New mortgage rules: How to keep buying property when DTI’s come in [2024] on Tuesday February 13th at 7pm. Click the link to register
2/5/2024 • 13 minutes, 56 seconds
How Will DTIs Impact House Prices? The Numbers Revealed ⎜ Ep. 1607
In this episode, we discuss what will happen to house prices when the Reserve Bank brings in Debt to Income Ratios.
This includes how DTIs have impacted house prices when other countries have brought them in.
We also talk about how much debt the country has and how fast incomes go up.
This acts as a proxy for how much debt there already is, and how fast prices can go up.
2/4/2024 • 15 minutes, 18 seconds
[Must Listen] Case Study Sunday – 10 Years In + Just Getting Started (Katherine and Stuart) ⎜ Ep. 1606
In this episode, we are joined by Katherine and Stuart from Hamilton to discuss how they started investing in property.
They share the numbers on a few of their deals and explain the stories that went along with them.
This includes how Stuart started his own spa and transport business, and how Katherine used property to buy a supermarket.
2/3/2024 • 27 minutes, 48 seconds
Multi-Offers – What To Do In a Multi-Offer When Buying a House NZ ⎜ Ep. 1605
In this episode, we discuss what to do when you make an offer on a house and the real estate agent tells you it's a multi-offer.
This includes what you have to do, how to improve your offer, and how to negotiate with the agent.
Ultimately, this gives you the heads up about what property investors, home buyers and first-home buyers need to know in a multi-offer situation.
2/2/2024 • 13 minutes, 39 seconds
DTI Winners and Losers – Who Benefits From the New Mortgage Rules ⎜ Ep. 1604
In this episode, we discuss who wins and loses from the Reserve Bank's new mortgage rules.
The winners include first-home buyers, developers, non-bank lenders and people buying New Builds.
The losers, on the other hand, are banks, mortgage brokers, investors, renovators and (even) doctors.
2/1/2024 • 15 minutes, 58 seconds
How The New DTIs Will Impact Different Kiwis ⎜ Ep. 1603
In this episode, we discuss how the new Debt to Income ratio Restrictions (DTIs) will impact different Kiwis.
We go through different scenarios to look at what it means for investors, home owners, first home buyers, business owners and a whole heap more.
We also mention our upcoming webinar New mortgage rules: How to keep buying property when DTI’s come in [2024] on Tuesday February 13th at 7pm. Click the link to register
1/31/2024 • 18 minutes, 11 seconds
7 Lies You'll Tell Yourself That Stop You Investing In Property ⎜ Ep. 1602
In this episode, we discuss the 7 lies you'll tell yourself that could stop you from investing in property.
These are the key things we hear over and over again from investors ... like:
"I just saw another great property down the road"
“I want to sleep on it” … and
“I need more time”
We talk about when these statements make sense, and when they're just excuses.
1/31/2024 • 15 minutes, 20 seconds
"Fix Your Soul" – Ed and Andrew React to Mean Comments ⎜ Ep. 1601
In this episode, we react and respond to mean comments people have left on our Facebook and Instagram accounts.
This includes comments like "Fix your soul" and accusations of being "snake oil salesmen".
While this is a fun episode, we also address some of the big questions about the different ways to invest in property.
1/29/2024 • 16 minutes, 54 seconds
Houses vs Townhouses vs Apartments – Which Take Longer To Sell? ⎜ Ep. 1600
In this episode, we discuss houses vs townhouses vs apartments and which ones take the longest to sell.
We look at sales data from Auckland, Wellington and Christchurch to figure out whether some types of properties stay on the market longer than others.
We also look at townhouses in larger developments to see if they take longer to sell as well.
Ultimately, you can use this information to become a more informed property investor.
1/28/2024 • 17 minutes, 17 seconds
Case Study Sunday: Should I Sell My Investment Property And Buy Something Else? ⎜ Ep. 1599
In this episode, we discuss a case study of a listener of the show (Joe) who has just moved overseas.
We talk about whether he should sell his investment property and buy something else.
We also go through the numbers to see whether he could buy a better investment today, and when should consider selling.
1/27/2024 • 13 minutes, 2 seconds
Revealed: Buy These Properties to Get the Highest Return ⎜ Ep. 1598
In this episode, we discuss which properties to buy to get the highest returns.
We look at the different ways to measure property investment returns and which properties come out on top for each measurement.
Ultimately this shows that you buy different properties to get a different type of return.
1/26/2024 • 11 minutes, 18 seconds
Latest House Price Data: Prices up 7.1% In This Region ⎜ Ep. 1597
In this episode, we discuss the latest house price data from QV, CoreLogic, and the Real Estate Institute.
This includes examining where house prices are going up the fastest and the region where prices are up 7.1% in just seven months.
We also share where the best places to invest are (right now), and when interest rates could start coming down.
1/25/2024 • 12 minutes, 3 seconds
Reserve Bank's New Mortgage Rules: DTI's and LVR's What You Need to Know ⎜ Ep. 1596
In this episode, we dive into the Reserve Bank's newest mortgage rules.
This includes details about both the Debt to Income Ratios (DTI's) and the updated Loan to Value Ratio (LVR) restrictions.
Together these will impact how much money you can get to grow your property portfolio.
We delve into the new rules and let you know what you need to consider.
1/24/2024 • 14 minutes, 35 seconds
How Much Money Will You Make Through Property In 2024? ⎜ Ep. 1595
In this episode, we discuss how much money you could potentially make through property in 2024.
This includes how much Ed and Andrew might make on their own portfolios.
This includes cashflow and house price growth over the next 12 months.
1/23/2024 • 9 minutes, 27 seconds
Not Everyone Gets NZ Superannuation: Could It Be Means Tested? ⎜ Ep. 1594
In this episode, we discuss what it would look like if NZ Superannuation was means tested.
We look at the pension system in Australia and compare what NZ does with other major countries.
This gives you a sense of how much you should rely on the NZ superannuation system in your retirement plan.
1/22/2024 • 11 minutes, 29 seconds
Reserve Bank OCR Forecasts Reviewed – Are They Accurate? ⎜ Ep. 1593
In this episode, we discuss the Reserve Bank's OCR forecasts and predictions.
We go through their previous forecasts and compare what they said they'd do ... with what they actually did.
This gives us a sense of whether the OCR could come down more quickly than what the Reserve Bank is currently saying.
This lets you get a feel for if interest rates could come down faster.
1/21/2024 • 10 minutes, 48 seconds
Case Study Sunday – "Didn't Think I'd Ever Buy My First Home ... Now I Have" ⎜ Ep. 1592
In this episode, we are joined by Laine Moger to discuss how she bought her first home.
In less than a week Laine went from not thinking she'd ever buy her first home, to signing the contract.
She's about to settle on her new property and shares what she's learned in the process.
1/20/2024 • 11 minutes, 26 seconds
Debt To Income Ratio Predictions – When Will The New Rules Come In? ⎜ Ep. 1591
In this episode, we discuss the upcoming Debt to Income Ratio (DTI) rules and when they could potentially be introduced.
This includes what the new rules could look like and the impact it will have on the property market.
Ultimately, this is useful for first home buyers and investors who want to know when to buy.
1/19/2024 • 15 minutes, 45 seconds
How Much Can I Negotiate Off the Asking Price of a Property? ⎜ Ep. 1590
In this episode, we discuss how much you can realistically negotiate off the asking price of a property.
We dig through data to show how much sellers are discounting off their properties to get them sold.
And we show you how to tell whether you can negotiate more off a property and ask for a bigger discount.
1/18/2024 • 10 minutes, 43 seconds
Are The Banks House Price Predictions Accurate? New Data Revealed ⎜ Ep. 1589
In this episode, we look through history to see if the bank's house price predictions are accurate.
This includes looking at ANZ, ASB and the Reserve Bank's previous forecasts, then looking at what actually happened.
Ultimately, you can use this information to see which bank has the most accurate predictions to pay attention to.
1/17/2024 • 10 minutes, 57 seconds
Mythbusters: Do Cellphone Towers and Powerlines Affect Property Prices? ⎜ Ep. 1588
In this episode, we discuss whether cellphone towers and powerline impact your property's value.
We look at data and university research that shows that some cellphone towers can impact your property's value ... but most don't.
We also show that some high powered powerline can make your property's value go down ... but it depends how close your property is to them.
In this episode, we discuss the 5 different ways you can measure investment property returns.
This includes the pros and cons of gross yields, net yields, cash on cash return, return on investment and internal rate of return.
This episode shows that you buy a different property based on the way you measure property investment returns.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/15/2024 • 14 minutes, 25 seconds
The Lower The Deposit – The Better ... What Investors Need to Know ⎜ Ep. 1586
In this episode, we discuss why property investors need to care about getting the lowest deposit possible.
This includes how investors can use lower deposits to get a higher return on investment.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/14/2024 • 13 minutes, 1 second
Case Study Sunday: How to Convert Leasehold To Freehold ⎜ Ep. 1585
In this episode, we discuss a case study about how to convert a leasehold property into a freehold title.
This is based off a real scenario, where a unit owner needs to works with other property owners to buy the land underneath their properties.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/13/2024 • 15 minutes, 33 seconds
Can You Answer These 8 Basic Money Questions? ⎜ Ep. 1584
In this episode, we test Andrew to see if he can answer 8 simple money questions.
This is based off a recent OneRoof article, which said that most Kiwis can't answer these basic questions.
Follow along to see if you can beat Andrew.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/12/2024 • 13 minutes, 34 seconds
6 Steps To Find Profitable Investment Properties ⎜ Ep. 1583
In this episode, we discuss the 6 steps you can take to find profitable investment properties.
This includes where to get good data and how to analyse it.
We mention these articles in the show:
NZ Property market update
Wellington property market update
Wellington City over or undervalued analysis
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/11/2024 • 12 minutes, 19 seconds
The Premium In, Premium Out Principle – What Investors Need to Know ⎜ Ep. 1582
In this episode, we discuss the Premium In, Premium Out principle.
This is the principle where you sometimes spend more money on a property, but it doesn't become a better investment.
The risk is that investors start buying nicer properties, but don't really get more bang for their buck (in investment terms).
We mentioned the article "Do properties with more land go up in value faster?"
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/10/2024 • 12 minutes, 20 seconds
Rent Property To Family – The Right Way ⎜ Ep. 1581
In this episode, we discuss the right way to rent an investment property to a family member.
This includes the dos and don'ts, including why you should never accept some of their money as part of the deposit.
Ultimately, this is to help you avoid the mistakes that other investors have made when renting to friends and family.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/9/2024 • 12 minutes, 31 seconds
Don't Wait For Grandma To Die – The Truth About Inheritance Revealed ⎜ Ep. 1580
In this episode, we reveal the truth about inheritance.
This includes why you should never fully count on the money (until it hits your bank account).
We also go through court cases in New Zealand's history to show you what happens when families squabble about inheritance.
This includes how to contest a will ... and the law changes that could be coming to stop you contesting a family member's will.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/8/2024 • 16 minutes, 4 seconds
Are Home Buyers Scared of Plaster Homes? Do They Sell For Less Money? ⎜ Ep. 1579
In this episode, we discuss whether home buyers are scared of plaster homes.
This includes a review of research out of the University of Auckland about whether plaster homes sell for less money (even after they've been repaired).
This can give us a sense of whether plaster homes are a good investment and what you need to be aware of.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/7/2024 • 10 minutes, 30 seconds
Bricks vs Plaster vs Weatherboard vs Metal – 4 Cladding Types Reviewed ⎜ Ep. 1578
In this episode, we review and compare the 4 main types of cladding used in New Zealand.
This includes, bricks, plaster, weatherboard and metal.
And while there are lots of different types of material you can build your house out of, these are the main ones.
Ultimately, this helps you make an informed decision about what type of property to buy.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/6/2024 • 11 minutes, 32 seconds
Plaster Homes Review – Are Plaster Homes a Good Investment? ⎜ Ep. 1577
In this episode, we are joined by Tyson from TK Plastering to discuss plaster homes.
This includes:
why some plaster homes leak,
how to spot whether a plaster home could be a leaker, and
how to know whether a plaster property is ok.
Ultimately, this helps you figure out whether to invest in a plaster home or not.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/5/2024 • 13 minutes, 57 seconds
[Must Listen] The Story of the Lawyer & the Truck Driver ⎜ Ep. 1576
In this episode, we discuss the story of the Lawyer and the Truck Driver.
This is a parable that shows that you don't need a high income to be rich ... you just need to invest for the long term.
We compare the two mindsets – someone who is on a low income, but invests to get ahead, and someone on a high income that wastes the opportunity.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/4/2024 • 14 minutes, 52 seconds
[Live] How to Analyse an Investment Property – Part #2 – New Build Properties ⎜ Ep. 1575
In this episode, we show you how to analyse a New Build investment property.
This includes a step by step breakdown of how Ed and Andrew analyse potential investment opportunities.
That way you can copy their process when you're thinking about buying a property.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
Run the numbers on an investment property with our Return-on-investment spreadsheet.
1/3/2024 • 14 minutes, 10 seconds
[Live] How to Analyse an Investment Property – Part #1 – Existing Properties ⎜ Ep. 1574
In this episode, we show you how to analyse an investment property.
We take a property from iFind Property's website and run through the numbers.
That way you can analyse your own properties when you're running the numbers.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/2/2024 • 14 minutes, 59 seconds
The 5 Money Personalities – Which One Are You? ⎜ Ep. 1573
In this episode, we discuss the 5 money personalities so you can decide which one you are.
Ed and Andrew take the Money Personality test and reveal how they think about money too.
We mention the Money Personality Quiz that you can try for yourself.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
1/1/2024 • 14 minutes, 24 seconds
How to Set Goals You'll Actually Achieve in 2024 ⎜ Ep. 1572
In this episode, we discuss how to set goals that you will actually achieve in 2024.
The trouble with goal setting is most people know they should set goals ... but then either don't, or they forget the goals they set by February.
Here, Ed and Andrew show you how to set goals that you'll complete by the end of the year.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/31/2023 • 13 minutes, 10 seconds
Case Study Sunday – Properties Ed and Andrew Bought in 2023 ⎜ Ep. 1571
In this episode, Ed and Andrew share the properties they bought and settled in 2023.
This includes the properties they said they'd buy (and then didn't), along with their property highs and lows over the last year.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/30/2023 • 15 minutes, 43 seconds
2023 Reviewed: The Big Events in Property Investment in 2023 ⎜ Ep. 1570
In this episode, we review everything that happened in property investment in 2023.
This includes storms, banks collapsing, developers collapsing, elections, tax changes, and a whole heap more.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/29/2023 • 12 minutes, 17 seconds
The Best Podcast Episodes to Re-listen To ... Best Episodes Revealed ⎜ Ep. 1569
In this episode, we recap our top episodes from 2023. While you're away on holiday, kick back and re-listen to some of our best journalism in 2023.
Here are the links to the episodes mentioned:
Exposed: Beware "Too Good to be True" Deals From Deceptive Developers ⎜ Ep. 1244
Misleading! Developer's Cashflow Trap Revealed + Hidden Risks of Developer-Provided Cashflows⎜Ep. 1292
Case Study Sunday: "The Council Swapped My Suburb"⎜Ep. 1312
Property Spruikers' Dirty Secrets: Hidden Commissions and Trickery Revealed⎜Ep. 1379
Developer’s Playbook: How Much Money Can You Make Developing Properties? Real Numbers⎜Ep. 1425
The Flood Factor – How To Avoid Buying Flood-Prone Properties⎜Ep. 1432
The $100k Moisture Repairs Barfoot & Thompson Agents Didn't Disclose⎜Ep. 1490
EnableMe vs Opes Partners: An Unbiased Comparison for Property Investors⎜Ep. 1505
How To Diversify Your Property Portfolio⎜Ep. 1524
How to Make an Extra $1million in Property: Does Our Over/Undervalued Model Actually Work?⎜Ep. 1544
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/28/2023 • 16 minutes
The Perfect Mortgage Approval – What The Process of Applying for a Mortgage Looks Like ⎜ Ep. 1568
In this episode, we are joined by April Hastilow from Opes Mortgages to discuss the process of applying for a mortgage.
This includes what the perfect mortgage approval looks like.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/27/2023 • 17 minutes
Best Suburbs in NZ To Buy Property – Best of the Best Report ⎜ Ep. 1567
In this episode, we take you through CoreLogic's Best of the Best report. This shows you the cheapest and most expensive houses in NZ.
You'll also learn the suburbs where houses have gone up (and down) in value most in 2023.
You can download a copy of the Corelogic "Best of the Best" Report here
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/26/2023 • 11 minutes, 1 second
Latest Data: Property Prices Rising In These Areas ⎜ Ep. 1566
In this episode, we go through the latest property market data to show you the areas where prices are rising.
This includes how fast prices are rising and where the opportunities are.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/25/2023 • 13 minutes, 39 seconds
All I Want For Christmas ... What Ed + Andrew Want From Santa ⎜ Ep. 1565
In this episode, we discuss what Ed and Andrew want from Santa in 2024.
This includes what we'd really like to see happen in the property market.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/24/2023 • 11 minutes, 32 seconds
Case Study Sunday – No Money Down Deals with Matthew Bannister ⎜ Ep. 1564
In this episode, we are joined by Matthew Bannister to discuss how to invest using contemporaneous settlements.
This includes his game plan for how to do no money down deals.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/23/2023 • 16 minutes, 14 seconds
12 Days of Xmas – Property Investment Edition ⎜ Ep. 1563
In this episode, we count down the 12 days of Xmas, the property investment edition.
For this we are joined by 11 financial advisers and 1 economist to talk give advice about how to grow a property portfolio in 2024.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/22/2023 • 15 minutes, 19 seconds
Airbnb Tax Changes – What the App Tax Means For Airbnb Property Investors ⎜ Ep. 1562
In this episode, we discuss what the new App Tax means for Airbnb property investors in 2024.
This includes how property investors who use Airbnb will earn 6% less under the new taxes.
We also discuss whether you should become GST registered and the risks of the new changes.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/21/2023 • 13 minutes, 52 seconds
Econ 101 – What Really Impacts Demand + Supply In The Housing Market ⎜ Ep. 1561
In this episode, we discuss the factors that impact demand and supply in the NZ housing market.
This includes things like changes in tax policy, expectations about the future, changes in the availability (and cost) of building materials, and much more.
Ultimately this gives you the tools to understand what's happening in property in NZ.
We also mention our new quiz and calculator to help you find out Can I afford an investment property in 2024?
12/20/2023 • 15 minutes, 49 seconds
New Government Policies – Rapid Fire. Your Questions Answered ⎜ Ep. 1560
In this episode, we answers your questions about the new government's policies.
We go through over 20 questions in under 15 minutes. These questions come from our recent webinar, that over 1,500 people came along to.
This includes what National, Act and NZ First's policies mean for you.
12/19/2023 • 14 minutes, 28 seconds
Mortgage Jargon Explained – What Banks + Brokers Really Mean ⎜ Ep. 1559
In this episode, we are joined by April Hastilow from Opes Mortgages to discuss what banks and brokers mean when they use jardon.
This includes a discussion of split banking, LVR, DTI and all those niggly terms that first timers may not understand but are too scared to ask about.
12/18/2023 • 15 minutes, 7 seconds
The 5 Levels of Decision Making – 5 Ways to Make a Property Investment Decision ⎜ Ep. 1558
In this episode, we discuss the 5 levels of decision making.
These are the 5 ways you can make a decision about how you invest in property.
The levels include guessing and emotions, anecdotes and experience, basic data, and advanced probabilities.
You can check out the diagram showing the 5 levels of decision making here.
We also mentioned Ed's latest oneroof article, and our 'How long does it take to find a tenant' article.
12/17/2023 • 13 minutes, 34 seconds
Case Study Sunday: "It Hasn't Worked Out For Me" – with David Melse ⎜ Ep. 1557
In this episode, we are joined by David Melse.
He talks us through all the property investment strategies he's tried in the past and how it hasn't worked out for him.
That includes where he's invested, how long he's held on for, and what his next step is.
12/16/2023 • 13 minutes, 24 seconds
Guaranteed Returns? – If I Buy a Property with Property Coach ... What's the Guarantee it Works? ⎜ Ep. 1556
In this episode, we discuss property coach guarantees.
This is about what happens if you buy a property through a property coach or property investment company and things go wrong.
For this, we are joined by Vanessa Garrod from Opes Mortgages to talk about how to make a complaint and make sure your property coach does the right thing.
12/15/2023 • 19 minutes, 3 seconds
Bright Line Test Changes Revealed – How It Impacts The Property Market ⎜ Ep. 1555
In this episode, we discuss the details of the bright line test.
This includes when National plans to bring it in, how many properties will be impacted, and what it means for housing supply.
We also work through examples to show you how much tax you could save.
12/14/2023 • 10 minutes, 10 seconds
Are All Developer Cashbacks Dodgy? 3 Things That Need to Be True ⎜ Ep. 1554
In this episode, we discuss whether all cashbacks from developers are dodgy.
This includes an analysis of other developer incentives like rental guarantees.
We give you three tests you can run your developer incentive through to see whether it's clean, or whether you should run a country mile.
12/13/2023 • 12 minutes, 7 seconds
Bonus: Top 5 New Policies That Property Investors Need to Know - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'Top 5 New Policies That Property Investors Need to Know'.
12/12/2023 • 1 hour, 16 minutes, 37 seconds
7 Alternative Christmas Gifts For Property Investors ⎜ Ep. 1553
In this episode, we discuss 7 alternative Christmas gifts for property investors.
These aren't the standard gifts people buy for each other at Christmas.
But for that property investor (or future property investor) in your life they could do just the trick.
12/12/2023 • 12 minutes, 27 seconds
How To Save (A Lot) of Money with Stacey Adams ⎜ Ep. 1552
In this episode, we are joined by Stacey Adams to talk about how she manages to save a lot of money through her savings system.
This includes where to start and how to go form saving 10% of your income up to 40%.
This includes when to share and merge your finances with your partner and how to make sure you take control of your money.
12/11/2023 • 17 minutes, 56 seconds
Don't Listen To These People – Where To Get Your Property Advice From? ⎜ Ep. 1551
In this episode, we discuss who you should and shouldn't get your property investment advice from.
This includes who to talk to about which parts of the property investment journey and a look at the Dunning-Kruger effect.
Ultimately this will help you better navigate the world of property investment.
12/10/2023 • 14 minutes, 55 seconds
Case Study Sunday: "The Mortgage Broker Said No – Bought a House Anyway" with Stacey and Matt ⎜ Ep. 1550
In this episode, we are joined by Stacey and Matt for Case Study Sunday.
They share their journey in property investment, including how their mortgage broker initially said they couldn't invest.
Then they talked to someone else ... and got the money to invest anyway.
12/9/2023 • 13 minutes, 59 seconds
How To Invest As a Single Person (On One Income) ⎜ Ep. 1549
In this episode, we discuss how to invest as a single person on one income.
This includes the unique challenges of investing when you're single. The pros and cons and how to manage it.
Ultimately this is to help you figure out if it's possible to invest on your own.
12/8/2023 • 10 minutes, 33 seconds
How Much Passive Income Should I Aim For? ⎜ Ep. 1548
In this episode, we discuss how much passive income you should aim for when creating a property investment plan.
This is important, because this is the #1 question property investors come up against when they start creating a long term plan ... "What should I aim for."
So we walk you through the 6 different lifestyles you could aim for with what you can spend in each scenario.
12/7/2023 • 14 minutes, 32 seconds
Inflation Coming Down? OCR Update & Reserve Bank Revises House Price Forecast ⎜ Ep. 1547
In this episode, we dive into the latest monetary policy statement from the Reserve Bank.
We go through their house price and inflation predictions, as well as what they say (vs what they potentially mean).
This is to give you a sense of what the interest rates could be next year.
12/6/2023 • 14 minutes, 18 seconds
How Much Should I Save? Actual Numbers Revealed ⎜ Ep. 1546
In this episode, we discuss how to figure out the amount your should be saving.
There is no rule (or number) that suits everyone. But, most financial commentators and books suggest 20% of your take home pay.
This works as a ballpark, hard-and-fast rule to get a sense of whether you are over or under saving/investing.
12/5/2023 • 14 minutes, 56 seconds
Auckland vs Hamilton: Where is the best place to invest? ⎜ Ep. 1545
In this episode, we discuss the pros and cons of investing in Hamilton and Auckland.
That includes whether it's better to invest in the larger city (Auckland), or go for the more affordable option (Hamilton).
Ultimately we share the facts then take a step back so you can decide which is the right place to invest for you.
12/4/2023 • 13 minutes, 8 seconds
How to Make an Extra $1 million in Property – Does Our Over/Under Model Actually Work? ⎜ Ep. 1544
In this episode, we discuss whether the overvalued-undervalued model we talk about on this show actually works.
We walk you through 20 years of investing in property to discuss what would happen if you followed this shows advice.
We talk about the sort of properties you'd buy, where you'd buy and how much money you would have made compared to buying the average porperty.
12/3/2023 • 17 minutes, 48 seconds
Case Study Sunday – We Bought 6 Properties in 4 years. How James Did It ⎜ Ep. 1543
In this episode, we are joined by James who shares how he bought 6 properties in just 4 years.
He and his wife now own 8 properties in total. He talks about how he grew his portfolio while earning a normal income.
This includes how he got the money to invest, where he invested, and how this show helped him on the way.
12/2/2023 • 23 minutes, 45 seconds
"Tenants Can Have Pets" Tenancy Tribunal Says – Can I Still Stop My Tenants Having Pets? ⎜ Ep. 1542
In this episode, we discuss whether you can still stop your tenants from having pets in your rental property.
New Tenancy Tribunal decisions suggest that property investors have to let tenants have pets.
We go through the details to show what these decisions mean and how you can still protect yourself as an investor.
12/1/2023 • 11 minutes, 8 seconds
Tenancy Tribunal – Top Reasons Your Tenant Takes You to The Tribunal ⎜ Ep. 1541
In this episode, we discuss the top reasons that tenants take property investors to the tenancy tribunal.
This includes how often you could find yourself at the tribunal and how to manage it.
That way you can get a sense of how often you might find yourself in trouble and the reasons why.
11/30/2023 • 13 minutes, 59 seconds
New Government. New Policies. What the Media Missed ⎜ Ep. 1540
In this episode, we discuss the new government policies about what they mean for property investors.
This is a first look after National, Act and New Zealand First released their respective coalition agreements.
There are opportunities for property investors in these new policies. So we go through what you need to know.
11/29/2023 • 18 minutes, 43 seconds
Negotiation No No's For New Builds ... Niggly Things Developer's Funders Want | Ep. 1539
In this episode, we are joined by Sue Foley from Landley Law to talk about negotiation no, no's for new builds.
This includes the niggly things that developers funders and financiers require them to have in contracts.
Ultimately this will help you be more informed when you negotiate an off-the-plans contract with a developer.
11/28/2023 • 20 minutes, 57 seconds
Sunset Clauses – What Property Investors Need to Know in 2024 with Sue Foley | Ep. 1538
In this episode, we are joined by Sue Foley from Landley Law to discuss what property investors need to know about sunset clauses in 2024.
This includes how to negotiate a sunset clause, why they're needed at all, and how to make sure you don't get screwed over by a developer.
11/27/2023 • 19 minutes, 40 seconds
Your Options When You Retire With a House and Nothing Else – Case Study | Ep. 1537
In this episode, we discuss a case study of a listener of the show. His parents are about to retire and they want to build a passive income.
Right now they have a mortgage free house, but not much else.
We talk through their options and how they could build a small passive income by downsizing their home.
11/26/2023 • 13 minutes, 20 seconds
Case Study Sunday: Buying Property in a Group – How Lochie Did It | Ep. 1536
In this episode, we are joined by Lochie Mckellar who shares how he bought his first investment property with 5 friends.
He takes us through what he bought, how the mortgage worked and how he convinced his friends to go in with him.
Ultimately this will be useful for any investors who are interested in buying property as part of a syndicate or group.
11/25/2023 • 13 minutes, 59 seconds
Homeowner Loses $405,000 – People Who Lost Money in Property | Ep. 1535
In this episode, we discuss Kiwis who lost money in property.
One homeowner lost over $400,000 in just 2 years.
This shows that while people can make money in property, there are some people who lose a lot of money.
This is based on CoreLogic's Pain and Gain Report.
11/24/2023 • 14 minutes, 45 seconds
Data Day – Property Market Update – What's Happening to NZ House Prices? | Ep. 1534
In this episode, we discuss the most recent data about the NZ property market.
We look at where house prices are increasing and decreasing, and where property prices have rebounded first.
11/23/2023 • 11 minutes, 52 seconds
ANZ vs ASB vs BNZ vs Westpac – Aren't All Banks the Same? | Ep. 1533
In this episode, we are joined by April Hastilow from Opes Mortgages to compare the banks' lending policies.
This includes who each bank may be a good fit for ... and who might struggle a little more to get lending.
Ultimately this is to demonstrate how each bank will look at your mortgage application in a different way. That way you can make an informed choice about where you get your lending from.
11/22/2023 • 18 minutes, 47 seconds
12 Predictions and Forecasts For 2024 – What Will Happen in Property Investment? | Ep. 1532
In this episode, we discuss 12 predictions and forecasts for what could happen in property investment in 2024.
This includes what could happen to house prices, interest rates and inflation.
We also chuck in a few odd-ball forecasts about what could happen to KiwiBuild and developers during the new year.
11/21/2023 • 14 minutes, 15 seconds
How Do I Keep Buying Property When the Banks Won't Lend Me More Money? | Ep. 1531
In this episode, we discuss how to keep buying properties when the banks won't lend you more money.
We give you the tactics you can use to improve your servicing, so you can still get a mortgage. You'll also learn what strategies to take to get more money from different lenders.
And while there are some tactics you can use to keep growing your portfolio ... sometimes it does come down to waiting.
11/20/2023 • 14 minutes, 9 seconds
Investor vs Homeowner Mindset – Which Are You Thinking Like? | Ep. 1530
In this episode, we discuss the differences between having an investor and homeowner mindset when investing in property.
This includes looking at the things that homeowners care about when purchasing properties.
We then look at whether these factors really matter when you're purchasing an investment property.
11/19/2023 • 16 minutes, 41 seconds
Case Study Sunday: How to Become a Property Developer with George Clifford | Ep. 1529
In this episode, we are joined by George Clifford, a property developer from Four Avenues.
George shares how he became a property developer, the highs and the lows, and how it all works.
This includes how much money you need to get started and what he did to get his start. That way you can learn how to become a property developer too.
11/18/2023 • 19 minutes, 23 seconds
New Builds vs Existing [Update] – What's Better After the Tax Changes? | Ep. 1528
In this episode, we discuss New Builds vs existing properties and which is better after the new tax changes come in.
This includes a look at deposits, return on investment, which are more expensive, and how the taxes work.
And while we here at Opes Partners help investors buy New Builds, we also know that they aren't the right fit for everyone.
So outlining the pros and cons means you can then decide which is the right fit for you.
11/17/2023 • 16 minutes, 15 seconds
Upgrade My Own Home vs Investing in Property – Can I Do Both? | Ep. 1527
In this episode, we discuss whether you should invest in property or upgrade your own home ... and whether you can do both.
This comes after a listener of the show messaged in asking about their own situation.
They want to invest in property, but they also want to upgrade their own home. Can they do both?
11/16/2023 • 9 minutes, 58 seconds
Is It Still Worth Investing in Property in 2024? | Ep. 1526
In this episode, we discuss whether it is still worth investing in property in 2024.
This includes a look at cashflow, capital growth and the potential house price increases in 2024.
We also look at the probability that these returns eventuate so you can make an informed decision about whether investing in property is right for you.
11/15/2023 • 12 minutes, 22 seconds
House Price Predictions – How much will house prices go up in 2024? | Ep. 1525
In this episode, we discuss how much house prices might go up in 2024.
We look at the predictions and forecasts out of Westpac, ASB, BNZ and ANZ and others.
Ultimately no one knows how much house prices might change. But this will give you a sense of what could happen.
11/14/2023 • 11 minutes, 16 seconds
How To Diversify Your Property Portfolio To Spread the Risk and Increase Returns | Ep. 1524
In this episode, we discuss how to diversify your property portfolio to spread the risk and get higher returns.
We compare the Auckland and Gisborne property market and talk about what a diversified portfolio would look like.
This includes how to adapt your portfolio so it increases in value more consistently over time.
11/13/2023 • 13 minutes, 50 seconds
Land Banking – Is It Worth It? | Ep. 1523
In this episode, we discuss land banking.
This is a property investment strategy where investors buy land and hold it for the long term.
But what are the pros and cons of landbanking? And is it still a good strategy in 2024? That's what we cover in this episode.
11/12/2023 • 12 minutes, 25 seconds
Case Study Sunday – Cashflow Positive Airbnb | Ep. 15212
In this episode, we are joined by a listener of the show, Emily, to discuss how she's using Airbnb to make her investment property cashflow positive.
This includes where she is investing and what her strategy is.
11/11/2023 • 18 minutes, 34 seconds
How Easy Is It To Get a Mortgage in 2024? | Ep. 1521
In this episode, we are joined by Peter Norris from Opes Mortgages to discuss how easy it is to get a mortgage in 2024.
This includes a review of the factors that will make it easier and harder to get a mortgage in the new year.
That way you can foresee and figure out what you need to think about when applying for a mortgage.
11/10/2023 • 11 minutes, 32 seconds
The 7 Uncertainties of Property Investment ... What You Can Expect | Ep. 1520
In this episode, we discuss the 7 uncertainties in property investment. These are the risks and the "you don't know what you don't knows".
This includes a breakdown of all the things you can't necessarily control and what to do about them.
This way you know what to look out for when you invest in property.
11/9/2023 • 15 minutes, 13 seconds
4 Ways To Make Money In Property (The Only 4 ways) | Ep. 1519
In this episode, we discuss the only 4 ways to make money in real estate.
Fresh off our Wealth Plan tour, these include capital growth, instant equity, debt repayments and cashflow.
Ultimately you can use this information to evaluate any strategy you're considering.
11/8/2023 • 15 minutes, 46 seconds
Shares vs Property vs Term Deposits ... The 7 Differences You Can't Ignore | Ep. 1518
In this episode, we discuss the key differences between shares, property and term deposits.
And we go through the 7 differences that you can't ignore. This includes the sort of returns you get, how the returns differ and how easy it is to diversify.
Ultimately this allows you to figure out which type of investment is right for you.
11/7/2023 • 18 minutes, 4 seconds
Revealed: The #1 Most Overused Phrase on TradeMe | Ep. 1517
In this episode, we discuss the most overused phrases on TradeMe.
Ed and Andrew play a game to see if they can guess that most used phrases by real estate agents.
They take turns guessing the phrases agents use before adding them up to see who wins.
This is a fun game for property investors to see if they can guess the best real estate cliche.
11/6/2023 • 10 minutes, 46 seconds
Flipping Good App – Tama Singh's New App Reviewed – InvestorPro | Ep. 1516
In this episode, we review InvestorPro, an app just released by property investor, Tama Singh.
This includes the pros and the cons so you can decide whether this is the right app for you.
We also talk about pricing, how much InvestorPro costs and when you'd use it.
11/5/2023 • 13 minutes, 26 seconds
Case Study Sunday: Buying an Investment With Your Family. How Emily Did It | Ep. 1515
In this episode, we are joined by Emily for another Case Study Sunday.
Emily shares how she bought her first home with her family and how she has used that to buy her first home.
11/4/2023 • 19 minutes, 48 seconds
Unlucky Letterbox Numbers – Do They Make a Difference? | Ep. 1514
In this episode, we discuss whether unlucky numbers of your letterbox make a difference to your property's value.
Some cultures avoid and are superstitious about certain numbers like 4, 13 and 44. But does it make a difference when it comes to your property's value.
We dive into the data to find out how you should use these numbers as part of your property investment strategy.
11/3/2023 • 15 minutes, 11 seconds
When Paying Down Debt Just Makes Sense ⎜ Ep. 1513
In this episode, we discuss when paying down debt just makes sense.
So often on the show we bang on about interest-only mortgages. But you shouldn't always avoid paying down debt.
Sometimes it just makes sense. That's why in this show you'll hear the times and situations when paying down investment debt just makes sense.
Main topics discussed:
principal and interest vs interest only
11/2/2023 • 13 minutes, 38 seconds
How Long Will I Live? How Long Does Retirement Last? ⎜ Ep. 1512
In this episode, we discuss how long you can expect your retirement to last.
This is based in Stats NZ data that shows how long the average person is expected to live based on their sex and birthdate.
We show how the average person underestimates how long they're expected to live and therefore how much money they'll need for retirement.
Main topics discussed:
Life expectancy
How long the average person lives
How long retirement lasts
11/1/2023 • 14 minutes, 48 seconds
Best Property Software in NZ – Property Guru vs Relab vs MyPropTech ⎜ Ep. 1511
In this episode, we compare the top property software in New Zealand.
Specifically we look at Property Guru, Relab and MyPropTech.
Property Guru is produced by CoreLogic, while Relab is an independent startup. On the other hand MyPropTech is part of the Du Val Group.
We weigh up the pros and cons of each software so you can decide which is the right one for you.
Main topics discussed:
Property Guru, Relab and MyPropTech
Top Property Software NZ
10/31/2023 • 14 minutes, 55 seconds
7 Things Accountants Are Plain Wrong About ⎜ Ep. 1510
In this episode, we discuss the 7 things that non-property accountants get wrong when it comes to property.
This includes things like "buy a commercial building" and "it's a bad investment".
To be clear, you need a good property accountant. But sometimes more general business accountants give bad advice when it comes to property.
If you're looking for a good property accountant here are our picks for the top property accountants in New Zealand?.
10/30/2023 • 15 minutes, 25 seconds
4 Strategies to Make Your Retirement Funds Last Longer ⎜ Ep. 1509
In this episode, we discuss the 4 strategies you can use to make your retirement fund last longer.
This is based on the 4 rules of thumb that have been released by the NZ Society of Actuaries.
The rules of thumb include: the rule of 6%, the rule of 4% and 2 others. But you'll have to listen to the episode to find out what they are.
Main topics discussed:
Managed funds and shares
Retirement funds, and decumulation
Nest Egg Strategy
10/29/2023 • 14 minutes, 49 seconds
Case Study Sunday – "Mortgage Free at 31 and 33" How Troy and Jana Did It ⎜ Ep. 1508
In this episode, we discuss how Troy and Jana became mortgage free by 31 and 33.
They walk us through how they used investment properties to pay off their mortgage, and how they are growing their property portfolio.
Main topics discussed:
How to use investment properties to pay off your mortgage
Opes Partners Customer Case Study
10/28/2023 • 14 minutes, 46 seconds
Company vs Look-Through-Company? How Should I Own My Investment Properties? ⎜ Ep. 1507
In this episode, we discuss whether you should use a look through company or normal (standard) company to own your investment properties.
This includes a discussion about the pros and cons of both ways to owns your investments.
On one hand ordinary companies appear to have a lower tax rate, but this isn't always as simple as it seems.
Main topics discussed:
Look through companies vs companies for investment properties
Property accountants
Ownership structures
10/27/2023 • 11 minutes, 42 seconds
7 Things Your Family Will Say About Property Investors at the Summer BBQ ⎜ Ep. 1506
In this episode, we discuss the 7 things that your family or Uncle Lester will say about property investment at the family BBQ.
Property investment is a contentious topic, especially among family and friends. So this episode is to share what they might say and what to look out for.
10/26/2023 • 17 minutes, 19 seconds
enable.me vs Opes Partners: What is the difference? An Honest Review ⎜ Ep. 1505
In this episode, we give an honest overview of the differences between enable.me and Opes Partners.
This includes differences in the price of properties offered through their subsidiary (Momentum Realty) and Opes.
We also talk about the costs you need to think about the differences in build type.
Ultimately this is so you can decide which is the right option for you.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/25/2023 • 12 minutes, 18 seconds
Fixing Your Credit Score: How to Make Sure Bad Debts Don't Stop You Getting a Mortgage ⎜ Ep. 1504
In this episode, we discuss how to find out and then fix your credit score.
This includes what to do if you find there are factors on your credit report that could stop you from getting a mortgage.
Main points discussed:
ClearScore
Credit scores and credit reports
How to find out your credit score
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/24/2023 • 16 minutes, 33 seconds
Top 6 Developers in Christchurch. They're Not Who You Think ⎜ Ep. 1503
In this episode, we discuss the top 6 property developers in Christchurch.
This includes who they are, what they specialise in and why we like them.
So if you're interested in buying an investment property you can know who you might like to consider.
Top picks include: Oakridge Homes, Freedom Built, Rosefern, Millsford, Four Avenues and Tao Homes.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/23/2023 • 12 minutes, 9 seconds
Airbnb Cashflow: What The Cashflow Looks Like on an Airbnb Property ⎜ Ep. 1502
In this episode, we discuss how to create a cashflow for an AirBnb property. This includes how much it costs to maintain an AirBnb and how much money you can make.
We also discuss how much vacancy you should expect to have with a property you're renting out as short term accomodation.
This way you can have confidence if you do decide to rent your house out as an AirBnb.
Main points discussed:
AirBnb Cashflow
How much can I make from AirBnb?
Short term accomodation
Click here download the Airbnb cashflow spreadsheet.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/22/2023 • 17 minutes, 2 seconds
Case Study Sunday: Producer Dave Proves He's Real and Not Ai ⎜ Ep. 1501
In this episode, we are joined by Producer Dave, the editor and producer of the Property Academy Podcast.
He shares some of the stories from behind the scenes of the show and talks about how he started investing in property.
This includes some of his top learnings from being involved in the show.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/21/2023 • 13 minutes, 16 seconds
Revealed: The Hottest Rental Markets In NZ. No3 Will Surprise You ⎜ Ep. 1500
In this episode we discuss the hottest and coldest rental markets in New Zealand.
This is based on new data from TradeMe that shows the average number of days a property stays listed online.
Some of the areas discussed include: Thames-Coromandel, Otorohanga, Kawerau, Queenstown, Blenheim, Southland and Westland.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/20/2023 • 12 minutes, 1 second
No Money Down Deals. Buying a House with No Deposit – Contemporaneous Settlements ⎜ Ep. 1499
In this episode, we discuss no money down deals and contemporaneous settlements.
This includes how to make money from a no money down deal and the risks it involves.
This includes how to negotiate a no money down deal and the levers you can pull like asking for a deferred settlement (delayed settlement) and early access.
Main points discussed:
Contemporaneous settlements
deferred settlement (delayed settlement)
Early access
No money down deals
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/19/2023 • 17 minutes, 37 seconds
Warning! Do Not Use a Property Coach Until You Do This ⎜ Ep. 1498
in this episode, we discuss what property investors must do before using (and paying for) a property coach.
This comes after Andrew met with an investor who had paid $18,000 for property coaching ... but they then found out they couldn't get the money from the bank.
They'd forked out thousands for education they wouldn't be able to use.
Main topics discussed:
Property coaches like Property Apprentice, Wolfe Property Coaching, AssetLab, Property Lifestyle, Nichole Lewis and Wealth Mentor
Cost of property coaching
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/18/2023 • 11 minutes, 53 seconds
National Wins: How a National Government Will Change The Property Market ⎜ Ep. 1497
In this episode, we discuss the impact of a potential new National-led government on the NZ property market.
Will property prices increase faster? How quickly will it take for the property market to recover? And what policies will likely come in?
Click here to download our Return on Investment calculator to see how the policies will affect your investment property.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/17/2023 • 12 minutes, 20 seconds
What Self-Employed People Need to Know Before They Get a Loan ⎜ Ep. 1496
In this episode, we discuss what self employed Kiwis need to know about getting a mortgage.
This includes what the bank looks for and what they'll ask you to approve when you apply for a home loan.
This applies to business owners, self employed people, freelancers, contractors and commission-only sales people.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/16/2023 • 13 minutes, 21 seconds
Are Property Investors Making More Money? Are Rental Yields Going Up or Down? ⎜ Ep. 1495
In this episode, we discuss how rental yields are changing. This includes whether they are going up or down.
We look at a couple of areas, including Auckland and Invercargill to talk about the rental yields you can expect to get in today's market.
10/15/2023 • 11 minutes, 13 seconds
Case Study Sunday – Alex the Cashflow Positive Airbnb Rentvestor ⎜ Ep. 1494
in this episode, we are joined by Alex a rentvestor from Christchurch.
Alex shares how he has 2 investment properties while still renting.
He talks through his portfolio including how one he Airbnbs is cashflow positive even while interest rates are high.
10/14/2023 • 16 minutes, 24 seconds
6 Steps to Flip Your First Home: Quick Start Guide ⎜ Ep. 1493
In this episode, we discuss the 6 steps to flip your first home. This is especially useful if you want to buy your first home as a group.
This includes how to set up your group the right way, what sort of house to look for and how to renovate it. You'll also get tips on how to sell your property for top dollar.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/13/2023 • 13 minutes, 24 seconds
Big Cities vs Small Towns. Does It Really Take Longer to Rent Properties in Small Towns? ⎜ Ep. 1492
In this episode, we discuss whether properties in small towns take longer to rent than those in bigger cities.
We dig through TradeMe data to find out how long it takes to rent a property and where the hottest and coldest rental market are in the country.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/12/2023 • 14 minutes, 3 seconds
How Do I Choose a Property Management Company? There Are So Many to Choose From ⎜ Ep. 1491
In this episode, we delve into how to choose a property management company.
This includes what to look for in a property manager, what they need to know and the red-flags to look out for when picking a company.
Main points discussed:
What to look for in a property manager
The process of finding a property manager: from rental appraisals to signing agreements.
Top property managers in New Zealand
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/11/2023 • 15 minutes, 51 seconds
Bonus: How to run the numbers on an investment property in 2024 - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How to run the numbers on an investment property in 2024' and had a real life case study with studio guests Stacey and Matt talk about their property investment journey.
In this episode, we discuss a controversial property deal involving undisclosed moisture issues and two Barfoot and Thompson agents.
We talk about what happened and why the buyer of the property was left with a hefty repair bill for a buyer.
Through our investigation, we uncover the intricacies of the deal, from overlooked building reports to pivotal decisions on auction day.
Main points discussed:
Building reports
Real estate agent conduct
The importance of due diligence in property transactions.
Real estate agent complaints
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/10/2023 • 15 minutes, 29 seconds
Commercial vs Residential: Which Investment Is Right for Me? ⎜ Ep. 1489
In this episode, we discuss the pros of cons of commercial vs residential property.
That way you can decide which is the right investment for you.
We talk about the yields you can expect, how much you need to spend, the deposit you need and how the cashflow works.
This is wrapped up within a case study so you can get a sense of what it possible.
Main points discussed:
Overview of commercial vs residential properties.
Initial deposit requirements.
Yields and cashflows.
10/9/2023 • 13 minutes, 59 seconds
6 Ways to Invest in Property: 6 Different Strategies & How to Choose the Right One For You ⎜ Ep. 1488
In this episode, we discuss the 6 different ways you can invest in property and how to choose the path that works for you.
This includes whether to invest in New or Existing properties. We also look at whether you should renovate, or whether it's a better idea to develop.
We look at examples of investors who are using each strategy and what it takes to get started.
Main points discussed:
New vs existing
Developing properties
Renovations and renovating properties.
10/8/2023 • 18 minutes, 58 seconds
Case Study Sunday – "We Had 2 Advisers Saying Different Things" Here's What Anita and Tim Did ⎜ Ep. 1487
In this episode, we are joined by Anita and Tim. They are property investors from Wellington.
They ran into a problem when they started investing. They had 2 financial advisers saying opposite things.
Who should they listen to? Anita and Tim tell us what they did aliong with their goals and what they plan to grow their investment portfolio.
10/7/2023 • 19 minutes, 22 seconds
Your Annual Checklist: What to Do Every Year For Your Investment Property ⎜ Ep. 1486
In this episode, we discuss what you need to do every year as a property investor.
This includes things like putting up your rent, looking at your interest rate, and checking in with your financial advisers.
Main points discussed:
Annual property investor checklist
What you need to do every year
End of year for property investors
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/6/2023 • 11 minutes, 37 seconds
What's The Chance I Lose Money in Property? Revealed: Probability and Property Prices ⎜ Ep. 1485
In this episode, we discuss how likely it is you'll lose money if you invest in property.
We look at the historic returns from the property market, then look forward into the future to calculate the probability that your house goes down in value after you buy it.
And we also mention our Private Property newsletter, click the link to read on the Opes Partners website.
10/5/2023 • 17 minutes, 14 seconds
Reality TV vs. Real Renovations … Did 'The Block' Lie to Me? ⎜ Ep. 1484
In the episode, we debunk myths about home renovations portrayed on popular reality TV shows.
This includes looking at how the condensed timelines, streamlined coordination, and unrealistic costs can set up viewers for disappointment and costly mistakes.
You'll learn that while these shows are entertaining, they are not educational guides for how to do a real-life renovation.
Main points discussed:
The Block, Love it or List it
Reality TV renovations
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/4/2023 • 14 minutes, 20 seconds
JV Exit Strategies: How to Get Out of a Property Syndicate ⎜ Ep. 1483
In the episode, we discuss how to exit a joint property investment, the right way.
This includes: buying out other partners or selling the property.
It also delves into factors to consider in choosing between new or existing properties for reinvestment.
Main points discussed:
JVs
Buying as a group
when to sell
New Builds vs Existing
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/3/2023 • 14 minutes, 31 seconds
Is Landlords Insurance Worth It? Pros and Cons Deep Dive⎜Ep. 1482
In today's episode, we discuss the specifics of landlord insurance for property investors.
This includes what it covers, how much it costs, and when it's useful.
If you've ever wondered about the ins and outs of landlord insurance, this episode is your go-to guide.
Main points discussed:
Landlords insurance
Natural disasters
Loss of rent cover
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/2/2023 • 15 minutes, 56 seconds
How to Pay Off Your Mortgage Using an Investment Property (Real Example) ⎜ Ep. 1481
In this episode, we discuss the strategies Kiwis can use to pay off their home mortgage with an investment property.
This includes talking about whether it's legal and how you can actually do it.
Main Points:
Mortgage re-structure
Portfolio structure
Bright Line Test
Look through company and trusts
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
10/1/2023 • 15 minutes, 12 seconds
Case Study Sunday – 5 Rental Properties in 2 Years. How Jeanette and Brett Did It ⎜ Ep. 1480
In this episode, we are joined by Jeanette and Brett. This couple have bought 5 investment properties in just 2 years.
They're not on mega-money. Brett's a policeman and Jeanette is a primary school teacher.
They share how they've grown their investment portfolio and the challenges they're currently facing.
9/30/2023 • 17 minutes, 18 seconds
Updated: What's a Good Yield in NZ? New Numbers Revealed ⎜ Ep. 1479
In today's episode, we discuss the latest statistics on property yields across New Zealand.
From Southland's high yields to Auckland's lower ones, find out what makes a "good" yield in 2023.
Main Points:
Fresh data on average, low, and high property yields across NZ regions.
Comparisons between the higher-yielding regions like Southland and Otago vs. lower-yielding areas like Auckland.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/29/2023 • 11 minutes, 35 seconds
National's Housing Policy Explained: All Your Questions Answered ⎜ Ep. 1478
In this episode, we discuss the National Party's housing policy.
This includes a look at interest deductibility, the bright-line test and changes for commercial property owners.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/28/2023 • 13 minutes, 3 seconds
Property Prices Up 3 Months in a Row – New Data Revealed in Property Market Update ⎜ Ep. 1477
In this episode, we discuss the latest data about the New Zealand property market.
This includes revealing that property prices across the country have increased 3 months in a row.
You'll also hear the latest stats about the rental market – and the surprising place where rental properties are snapped up in just 8 days.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/27/2023 • 13 minutes, 47 seconds
Taupo: Is It a Good Place To Invest? (New Data Update) ⎜ Ep. 1476
In this episode, we discuss whether it's a good idea to invest in Taupo.
This includes a deep dive into the Taupo property market.
That allows you to answer the question "are proeprties in Taupo a good investment right now?"
Main Points:
Latest data on Taupo's housing market.
Rental availability in Taupo and its significance.
Is Taupo over or undervalued?
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/26/2023 • 14 minutes, 8 seconds
Should I Refinance My Mortgage to Get a Lower Interest Rate? ⎜ Ep. 1475
In this episode, we discuss whether you should refinance your mortgage.
This includes what refinancing, restructuring and refixing really mean.
You'll also learn the pros and cons of refinancing your mortgage and switching banks.
Main Points:
Difference between refixing, restructuring, and refinancing.
Why refinancing is a hot topic.
Pros and cons of refinancing.
Splitbanking.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/25/2023 • 12 minutes, 49 seconds
What is a Good Gross Yield in 2023? Numbers Revealed ⎜ Ep. 1474
In this episode, we discuss what a good gross yield is in 2023.
We talk about how to calculate the gross yield.
Then we deep dive into the Hamilton property market to show what yields property investors are willing to accept in 2023.
We reveal that the median gross yield in Hamilton is 4.46%.
Main points discussed:
How to calculate gross yield
Real-world examples from Hamilton
The median gross yield is 4.46%
Importance of calculating yield based on current value
9/24/2023 • 12 minutes, 52 seconds
Case Study Sunday – High School Drop Out Owns 5 Properties at 34 Years Old. Jeremy Field ⎜ Ep. 1473
In this episode, we are joined by Jeremy Field, a 34-year-old who already owns 5 properties.
Jeremy shares his story, including how he dropped out of high school with no qualifications.
He went on to turn his life around. He currently owns 5 properties.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/23/2023 • 17 minutes, 42 seconds
Advanced: How To Become a Full Time Property Investor ⎜ Ep. 1472
In this episode, we discuss how you can become a full-time property investor.
This includes what it takes to quit your 9-to-5 and manage your property portfolio full-time.
We look into Connor's scenario. He's a 30-year-old with 14 properties.
We explore key strategies for maximizing property cashflow, making smart sales, and retaining bank support.
Main points discussed:
Requirements for full-time property investing
Retiring young
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/22/2023 • 14 minutes
Designing for Dollars: Interior Design for Investment Properties ⎜ Ep. 1471
In today's episode, we are joined by Nuinra Katta from NMK Interiors.
Nurina is an interior who specialises in investment properties. She shares what property investors need to know when renovating their rentals.
We explore what you can do to your properties to get a higher rent, less vacancy, and a higher property value.
Main points discussed:
Impact of strategic interior design on property value.
Design nuances for investment properties vs. personal homes.
Cost-benefit analysis and emerging design trends.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/21/2023 • 17 minutes, 15 seconds
Case Study: $10k Renovation = $100 Extra Rent Per Week ⎜ Ep. 1470
In this episode, we are joined by Ilse Wolfe to discuss a case study of how one investor purchased a property for $50k under its value.
She also shares how the investor spent just $10k on a renovation. But, managed to increase the rent by $100 a week.
Main points discussed:
Cost-effective renovations
low-cost renovations
Instant equity
Buying a property under-value
9/20/2023 • 14 minutes, 23 seconds
"A Man is Not a Retirement Plan" – The Money Mentalist, Lynda Moore ⎜ Ep. 1469
In this episode, we chat with the Money Mentalist, Lynda Moore.
Lynda shares her personal journey and how she was told from a young age just to "marry a rich farmer".
This includes looking at the risks of depending solely on a partner for finances.
Main points discussed:
Lynda Moore's personal financial journey.
The pitfalls of depending on partners for finances.
9/19/2023 • 14 minutes, 52 seconds
"My Biggest Mistake" – Ed Shares A Big Property Investment Regret ⎜ Ep. 1468
In this episode, we discuss one of Ed's biggest property investment mistakes.
He shares how we put a property under contract when his relationship was already on the rocks.
Ultimately this put him in a tough position when it came to calling it quits with his then partner.
Main points discussed:
Property investment mistakes
Property and relationships
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/18/2023 • 11 minutes, 27 seconds
How to Choose Your Interest Rate: How Long Should I Fix For? ⎜ Ep. 1467
In this episode, we discuss how Kiwis can decide which interest rate to choose.
This includes which mortgage interest rate to go for and strategies for selecting the best mortgage interest rate.
We look back at past trends and explore the trade-off between a lower rate and stability.
Main points discussed:
fixed interest rates.
Choosing your interest rate
Here is the link to the Interest Rate spreadsheet mentioned in this episode.
And we also mention our Opes Partners YouTube channel, click the link to check it out.
9/17/2023 • 14 minutes, 50 seconds
Case Study Sunday – Overseas Kiwi Buys 12 Properties. How Aaron Did It ⎜ Ep. 1466
In this episode, we are joined by Aaron – a listener of the show – for Case Study Sunday.
Aaron shares how he owns 12 properties and how he has quickly grown a portfolio while living aborad.
Main points discussed:
Investing in property from overseas
property investor case study
9/16/2023 • 12 minutes, 52 seconds
Foreign Buyers Back? What National's Policy Means for House Prices ⎜ Ep. 1465
In this episode, we discuss National's foreign property buyer policy.
This includes which parts of New Zealand would be most impacted and how that might flow through to the rest of the country.
Main points discussed:
National's foreign buyer policy and its implications.
The 2018 foreign buyer ban and its impact on the NZ property market.
Auckland's property market: Potential surge and broader effects.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/15/2023 • 11 minutes, 51 seconds
How Fast Do Rents Go Up? The Numbers Revealed ⎜ Ep. 1464
In this episode, we discuss how fast rents go up. This includes times when rents have gone up faster than average.
It also looks at times when rents haven't increased quite as fast.
We also dive into how inflation impacts rents, and whether rents go up faster when inflation is high.
Main points discussed:
annual rent increase.
Rental rates vs. inflation.
Impact of high inflation on rents.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/14/2023 • 11 minutes, 48 seconds
Property Syndication 101: Investing as a Group to Share Success ⎜ Ep. 1463
In this episode, we discuss property syndication 101, and how investors can get started in property syndication.
We go through the basic and more complex approaches. We also mention some of the companies you can use to buy syndicated property. People like Erskine Owen, Bayleys and Centuria.
We also look at property funds and REITs.
Main points discussed:
property syndication
commercial property
Real Estate Investment Trusts (REITs)
Bayleys, Centuria and Erskine Owen
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/13/2023 • 14 minutes, 42 seconds
The #1 Trait of Successful Property Investors. They Do These 4 Simple Things ⎜ Ep. 1462
In this episode, we discuss the pivotal trait that sets successful property investors apart from the rest.
This includes looking at the psychological tactics you can use to motivate yourself to continue investing.
Main points discussed:
Money motivation
Motivating yourself to save
Saving vs spending
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/12/2023 • 13 minutes, 36 seconds
Buy and Hold Strategy Pros and Cons. It's Not For Everyone ⎜ Ep. 1461
In this episode, we discuss the pros and cons of the Buy and Hold strategy.
While the idea of purchasing a property and waiting for its value to rise may sound appealing, it's still got its challenges.
You'll learn the limitations of the strategy and the potential pitfalls.
Main points discussed:
Overview of the Buy and Hold strategy.
Problem #1: Reliance on the market.
Problem #2: Property values can stagnate or even decrease.
Problem #3: Equity remains locked until property sale.
Problem #4: Potential for continuous top-ups due to negative gearing.
Ideal candidates for the Buy and Hold strategy.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/11/2023 • 13 minutes, 7 seconds
'I Invest For the Mailbox Money': How to Properly Invest in Real Estate ⎜ Ep. 1460
In this episode, we delve into the motivations behind real estate investing.
Ed and Andrew explore the Nest Egg and Golden Goose retirement strategies, using real-world examples.
These strategies help you retire early and live the life you want.
Main points discussed:
The 'why' behind investing in property
Nest Egg vs Golden Goose retirement strategies.
Real-world investor stories.
The inherent risks and rewards of property investment.
9/10/2023 • 13 minutes, 59 seconds
Case Study Sunday – 24 Year Old Owns 2 Investment Properties. How Paarth Did It ⎜ Ep. 1459
In this episode, we are joined by Paarth to discuss his property investment journey.
At just 24 years old, he already owns 2 properties. Seeing his older sister buy her first home at 21 inspired him to start a property portfolio.
Want to come on Case Study Sunday? Send us a message on Instagram.
9/9/2023 • 15 minutes, 49 seconds
Palmerston North: Is It a Good or Bad Place to Invest? ⎜ Ep. 1458
In this episode, we discuss whether it's worth investing in Palmerston North.
Palmerston North is close to Wellington and is New Zealand's 8th largest city.
We discuss whether it's worth a punt, and discuss its significant student population from institutions like Massey and UCOL.
Main Points Discussed:
Overview: Quick facts about Palmerston North
Best Investment Neighbourhoods in Palmerston North: A data-driven look at promising areas
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/8/2023 • 13 minutes, 59 seconds
Election Special - How Parties Policies Impact Property Investors⎜Ep. 1457
In this timely Election Special, we delve into how various political parties' policies could influence property investors.
Our aim is not to guide your vote but to inform you about the stances of each party on key property-related issues.
Main Points Discussed:
Interest Deductibility: How parties like Labour, Greens, and National differ on this policy
Bright Line Test and Capital Gains Tax: What you need to know
New Rental Rules: From rent control to no-cause terminations
Wealth and Land Banking Taxes: The Greens and Te Pati Maori’s proposed taxation systems
Listen in to understand how these policies may affect the property market, thus informing your overall election decision.
And we also mention our upcoming Wealth Plan seminars in Auckland, Wellington and Christchurch. Click the link to register for tickets.
9/7/2023 • 15 minutes, 8 seconds
Paying Less Tax: What Property Investors Can Deduct? ⎜ Ep. 1456
In this episode, we discuss what property investors can deduct on their tax return. This
We play a game where Andrew has to rank 12 potential tax deductions from largest to smallest.
Main Points Discussed:
Tax deductions for property investors
Property investment game
The Price is right
By tuning in, you'll not only learn about what you can deduct to effectively pay less tax but also enjoy an entertaining segment involving a wager over hot spicy chips.
9/6/2023 • 15 minutes
Bonus - Policies, Predictions & Property - How to invest in 2024 - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'Policies, Predictions & Property - How to invest in 2024' and had a real life case study with Michelle and Tim talk about their property investment journey.
9/5/2023 • 1 hour, 23 minutes, 50 seconds
Dave Ramsey's 7 Baby Steps: The Kiwi Edition ⎜ Ep. 1455
In today’s episode, we put an Aotearoa twist on Dave Ramsey's renowned 7 Baby Steps.
We explore how these American financial guidelines translate to the Kiwi market and what adjustments would make them more suitable for New Zealanders.
Main Points Discussed:
Introduction to Dave Ramsey and his 7 Baby Steps
Adapting these steps for the Kiwi financial landscape
The episode takes an in-depth look at strategies for paying down debt and growing income with the aim of property investment.
We also mention Opes Partners' other podcast Property ExpLained, click the link to give it a listen.
9/5/2023 • 15 minutes
Cashflow: Then vs. Now. How Investment Property Cashflow Has Changed Over Time ⎜ Ep. 1454
In this episode, we discuss how cashflow in property investment has changed over the years.
This includes how interest rates, property prices, and law changes have impacted your bottom line.
Main Points Discussed:
Property investment cashflow
Year-by-year case studies demonstrating cashflow trends
As the episode reveals, cashflow top-ups have significantly increased over the years. This is mainly due to rising interest rates and market changes.
9/4/2023 • 16 minutes, 31 seconds
Renders vs Reality: What If the Builder Does a Botched Job? ⎜ Ep. 1453
In this episode, we compare the renders vs reality. This is how properties in the developer's designs compare to the final product.
We look at examples where the finished property didn't quite match up to the glossy renders.
This includes what your options are when discrepancies arise.
Main Points Discussed:
New Build renders
What if the developer doesn't deliver
Legal rights
Buying off the plans
Building inspections
Sometimes, what you see is not what you get. Know your rights, read your contract, and yes—you absolutely do need a building inspection.
9/3/2023 • 19 minutes, 41 seconds
Case Study Sunday – 2 Rentals at 28 and 31. How Matilda and Jess Did It ⎜ Ep. 1452
In this episode, we are joined by Matilda and Jess. They own 2 rental properties at just 28 and 31 years old.
We dive into the couple's journey from saving diligently for their first home to using it to buy their first rental property.
Matilda and Jess share their motivations for venturing into property investment. They discuss how investing has already started to make a difference in their lives.
Main Points Discussed:
Case Study
Investing from Australia
Saving
Building your first home
9/2/2023 • 16 minutes, 2 seconds
What to Expect From Your Property Manager. Is Your Property Manager Taking The Mickey? ⎜ Ep. 1451
In this episode, we discuss the often-misunderstood realm of property management.
We look at what you should and shouldn't expect from your property manager.
This includes real-world scenarios of how property managers should act.
Main Points Discussed:
Understanding what "fair wear and tear" means
Rent reviews
Property management
Property managers
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
9/1/2023 • 16 minutes, 58 seconds
How Much Do I Offer How To Figure Out The Right Price For a House?⎜Ep. 1450
In this episode, we discuss how to figure out what to offer for a house.
This includes actionable tips on how to figure out the price without talking to a real estate agent (or paying money for expensive software).
We also cover the "Right Rent System" method, demonstrating how to do your own market analysis. By spending just 15 to 30 minutes on research, you'll be better informed than most buyers.
Main Points Discussed:
Using Homes.co.nz, OneRoof and Property Guru
The "Right Rent System" for pricing
Market research
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/31/2023 • 14 minutes, 44 seconds
Revealed - Pros and Cons of Buying a Property Off the Plans. An Honest Review⎜Ep. 1449
In this episode, we discuss the pros and cons of buying a property off the plans.
We break down what it means to buy a property that hasn't been built yet. The benefits include possible capital growth, avoiding higher interest rates, and the luxury of first choice.
However, they also explore the potential cons and risks. These include property prices going down, banks changing their lending criteria, loss of deposit, and concerns about the developer's quality of work.
Main Points Discussed:
off the plans pros and cons
New Builds
Risks of buying off the plans
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/30/2023 • 15 minutes, 52 seconds
The Rate Race - Where Are The Most Expensive Council Rates in NZ? (Must Listen)⎜Ep. 1448
In this episode, we discuss where the most expensive local council rates are for property investors.
The analysis includes an examination of areas where council rates are more expensive and less expensive.
Main Points Discussed:
The most expensive council rates for property investors
Ratepayers Report
Big cities vs small towns
Key factors influencing rates, including population size and density, geographic area, and fixed costs
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/29/2023 • 16 minutes, 42 seconds
The Mortgage Maze: How To Avoid Clawbacks … and Hidden Costs of Mortgages ⎜ Ep. 1447
In this episode, the hosts explore the complex world of mortgage clawbacks.
This is where your mortgage adviser could send you an unexpected bill for thousands of dollars.
You'll learn the potential cost of clawback fees, how they are calculated, and how they can be legitimately charged.
We also share tips for how to avoid clawback fees.
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/28/2023 • 15 minutes, 36 seconds
It's Over ... The Bottom of the Market Has Been and Gone. What New Data Shows ⎜ Ep. 1446
In this episode, we discuss the recent Reserve Bank announcement and what it signifies for the property market.
The Reserve Bank has left the OCR at 5.5% and released new forecasts and data that both signal the end of the downturn in the property market.
According to their forecasts, house prices bottomed out in March and are expected to increase by 14.5% three years from today.
Alongside this, we discuss recent REINZ data, showing two months of rising Auckland property prices, and variation across different regions in New Zealand.
Main points discussed:
Reserve Bank's new forecasts and its implications
REINZ data and property price trends
Is it too early to declare the end of the property market downturn?
The possible impact on interest rates.
Also we mentioned the House Price data on our website, click the link to see all the latest updated data.
8/27/2023 • 16 minutes, 27 seconds
Case Study Sunday – "I Was Meant to Die ... " – Di Foster ⎜ Ep. 1445
In this episode, we are joined by Di Foster a listener of the show and property investor.
Di shares her story, including how she was diagnosed with terminal cancer but pulled through and is now living life to the fullest.
She shares how she started investing in property, her fears and her concerns.
If you'd like to come on Case Study Sunday and share your story, either message us on Instagram, or email [email protected]
8/26/2023 • 14 minutes, 24 seconds
Who's Going to Rent My Property – This Is The Average Tenant (Based on Data) ⎜ Ep. 1444
In this episode, we discuss the average tenant who is likely to rent a property.
This is based on data gathered from various sources, including Stats NZ.
We start with an overview of the entire country, then dig into the differences between renters and homeowners.
Ultimately this gives you a sense of who your tenant may be ... and the sort of properties they want to rent.
Main points discussed:
Renters vs owners
Average tenant
Who will rent my property?
We also mention this article that contains all the data.
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/25/2023 • 16 minutes, 17 seconds
"My Mortgage Broker Didn't Get Me The Best Interest Rate" – Andrew and Ed React ⎜ Ep. 1443
In this episode, we discuss a recent post from the Property Investors Chat Group, where a property investor expressed frustration with their mortgage broker.
The investor felt that the broker did not secure the best interest rate for them and raised several non-negotiable conditions for their mortgage.
Andrew and Ed dissect the post, reacting to both the investor's demands and the broker's response.
Main points discussed:
mortgage brokers
Does mortgage broker get best interest rate?
And we also mention our upcoming webinar Policies, Predictions & Property: How to invest in 2024 on Tuesday September 5th at 7pm, click the link to register.
8/24/2023 • 14 minutes, 30 seconds
Non-Bank Lender Exit Strategies: How To Move From a Non-Bank to a Main Bank ⎜ Ep. 1442
In this episode, we discuss how to move from a non-bank to a main bank.
This includes the strategies you can use to get in the position where you can move.
These include: waiting for property values to increase to aggressively paying down debt.
We also talk about the factors that can stop you from moving – like current bank lending policies.
Main points discussed:
Non bank lenders vs main banks
Non bank exit strategies
Bank lending policy
And we also mention our book Wealth Plan is now available as an audiobook here
8/23/2023 • 11 minutes, 39 seconds
Renovation Roulette: Budget Blowouts and Hidden Costs of Renovating ⎜ Ep. 1441
In this episode, we are joined by Ilse Wolfe to play a newly invented game – Renovation Roulette.
This is a new game show we have just made up, where we spin a wheel to unveil the hidden costs and budget blowouts in various renovations you might complete in your house.
This includes real scenarios from the Property Investors Chat Group/
Through this, you will learn the secrets behind successful renovations and learn how to spot budget blowouts and hidden costs before they hit your wallet.
Main points discussed:
Identifying hidden costs in renovations
Renovation cost and budget blowouts
BRRRR strategy
And we also mention our book Wealth Plan is now available as an audiobook here
8/22/2023 • 14 minutes, 36 seconds
The Mortgage Maze: How To Avoid Break Fees and Hidden Costs ⎜ Ep. 1440
In this episode, we discuss the complex world of mortgages, specifically break fees.
We let you know what a break fee is and why the banks charge them.
You'll also learn when it does and doesn't make sense to break a mortgage.
Main points discussed:
Understanding Break Fees
How Break Fees are calculated
How Long to fix your mortgage for
And we also mention our book Wealth Plan is now available as an audiobook here
8/21/2023 • 14 minutes, 35 seconds
"I Want Out of this Flipping Nightmare." How This Investor Lost $90,000 ⎜ Ep. 1439
In the episode, we discuss the disconcerting journey of an investor who lost $90,000 in the property market.
After purchasing, the property dropped in value. So she now has a large mortgage and a property with negative cashflow.
Andrew and Ed delve into the situation, discussing the realities of buying at the wrong time and the potential recovery paths.
Main points discussed:
Emotional vs Logical Analysis of Investments
Timing the Property Market
Market Recovery Predictions
Strategies to Handle Cashflow and Interest Rates
Importance of Long-Term Planning and Selling at the Right Time
And we also mention our book Wealth Plan is now available as an audiobook here
8/20/2023 • 13 minutes, 11 seconds
Case Study Sunday – Maori Millionaire ... "I Will Be a Millionaire by 25" ⎜ Ep. 1438
In this episode, we discuss an inspiring case study of Te Kahukura from the Maori Millionaire.
She shares her journey from growing up the daughter of a single parent relying on government assistance. Now, she's helping Maori learn about money and encourages them to get ambitious.
She shares her journey and what she is doing to become a first home buyer.
Main topics discussed:
Personal Goals and Ambitions
Money Saving Techniques
Wealth Growth Strategies
The Journey Towards Becoming a Millionaire at 25
8/19/2023 • 12 minutes, 38 seconds
10 Ways To Save Money in 10 Minutes – How to Create the Top-Up For Your Investment Property ⎜ Ep. 1437
In this episode, we discuss ten practical ways to save money quickly, which can help in creating a top-up for your investment property.
We explore strategies ranging from setting up a specific bank account for your top-up to managing subscriptions and reducing unnecessary expenses.
Ideas include ordering groceries online to avoid impulse spending, consolidating debts, evaluating KiwiSaver contributions, and even negotiating a pay rise.
Some unconventional methods, such as turning off Apple Pay to add friction to spending, are also discussed.
Main topics discussed:
Top ups
Investment property cashflow
Negative gearing
Paying Yourself First
Online Grocery Shopping
Debt Consolidation
And we also mention our book Wealth Plan is now available as an audiobook here
8/18/2023 • 12 minutes, 39 seconds
Paying Off Mortgage vs Investing in Shares – What's Right For Me? ⎜ Ep. 1436
In this episode, we discuss how to decide whether to pay off your mortgage and invest in shares. This includes the pros and cons of each.
We look at the advantages of paying down a mortgage, including saving interest, lower risk, and psychological peace of mind.
Next, we explore the benefits of investing in shares, such as generally higher returns, liquidity, and asset diversification, but also discuss the potential downsides like increased risk and fluctuating value.
That way you can decide what's right for you.
Main topics discussed:
Pros and Cons of Paying Down Mortgage
Pros and Cons of Investing in Shares
Risk and Return Comparison
Personal Considerations and Preferences
Growth Funds vs Term Deposits
And we also mention our book Wealth Plan is now available as an audiobook here
8/17/2023 • 14 minutes, 22 seconds
When Property Dreams Turn to Nightmares – The Danger of Trusting Developers Blindly ⎜ Ep. 1435
In this episode, we discuss the hidden pitfalls of trusting property developers blindly.
This includes a look at the number of developers marketing directly to investors and the associated risks.
This includes a real case study of a Golden Homes property based in Christchurch.
You'll learn about the hidden costs related to progressive payments builds, inflated rent, and marketing missteps that could cost investors more than expected.
8/16/2023 • 11 minutes, 45 seconds
New Builds vs Existing: Which Goes Up In Value Faster? ⎜ Ep. 1434
In this episode, we discuss whether new builds or existing properties increase in value faster.
There's not a lot of good data to help us answer the question ... so we go through the usual arguments discussed in the property investment industry.
Then we dive into real examples of new builds that have done better, worse, or the same as the market.
Main topics discussed:
New Builds vs Existing
Capital Growth
Case Studies
8/15/2023 • 15 minutes, 23 seconds
Racing Against the Property Clock: How Long Does The Bottom of the Market Last? ⎜ Ep. 1433
In this episode, Ed and Andrew talk about how quickly the "bottom" of the market lasts.
This includes a look at the 2008 property market downturn to get a sense of which areas bounced back fastest.
You'll also find out how much house prices increased in the immediate aftermath of the market's bottom.
Key topics discussed:
Bottom of the market
Property price cycle
Timing the market
Auckland property market
Queenstown property market
Wellington property market
8/14/2023 • 15 minutes, 32 seconds
The Flood Factor – How To Avoid Buying Flood-Prone Properties ⎜ Ep. 1432
In this episode, we discuss how to avoid buying properties in flood-prone arteas.
This includes a look at Auckland Council's new Flood Viewer tool. You can use this tool to identify if a property is in a flood zone.
We discuss what flood plains really mean and how properties are built today to take into account flood risks.
This includes a look at the tools available through different councils.
Main topics discussed:
-> flood risks, flood plains and flood prone areas
-> Cyclone Gabrielle and the Auckland Anniversary Floods
8/13/2023 • 21 minutes, 38 seconds
Case Study Sunday – How Kyle and Pradshee Bought Their First Investment Property ⎜ Ep. 1431
In this episode, we are joined by Kyle and Pradshee, recent property investors and listeners of the show.
They share how they got interested in investing, how they chose which property to invest in, and what their next steps are in property investment.
Want to come on the podcast for Case Study Sunday? Send Ed an email on [email protected]
8/12/2023 • 17 minutes, 6 seconds
What I'd Do If Starting Again – The 30 Properties Challenge ⎜ Ep. 1430
In this episode, we discuss what Andrew would do if starting again today.
He specifically walks us through how he'd replicate his journey to own 30 properties!
This means starting out again as a 19-year-old with a junior job, then diving into the nitty gritty of which strategies to use over time.
Main Topics Discussed:
-> Building 30 properties from scratch?
-> Real-life strategies & tips
-> Why asset volume beats property numbers
-> A big caution flag on unnecessary high risk
8/11/2023 • 14 minutes, 54 seconds
Polls to Properties – How the NZ Election Impacts Property Prices ⎜ Ep. 1429
In this episode, we discuss how the NZ election will impact the NZ property market. This includes how many properties are sold and what it does to house prices.
Ultimately this will give you a sense of how the property market is likely to change over the next 6 months.
8/10/2023 • 14 minutes, 7 seconds
How Will Auckland's Future Development Strategy Impact House Prices? ⎜ Ep. 1428
In this episode, we unpack the potential impact of Auckland's Future Development Strategy on house prices.
We discuss the council's preference for brownfields development (redevelopment of existing properties) over greenfields development (creating new suburbs from scratch).
While this intensification might drive up the value of land suitable for redevelopment, we caution that these documents often don't have a significant impact on property investors.
Instead, more impactful changes could come from actions like abolishing the Rural Urban Boundary. We also debunk the myth that rising building costs directly push up house prices.
Main Topics Discussed:
Auckland's Future Development Strategy
Impact on house prices
Rural Urban Boundary
Council policy
Local government policy
8/9/2023 • 12 minutes, 39 seconds
Bonus - How to Succeed as a Property Investor With No Experience + Real Life Case Study - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How to Succeed as a Property Investor With No Experience' and had a real life case study with Dave and Anna talk about their property investment journey.
8/8/2023 • 1 hour, 29 minutes, 40 seconds
Successful vs. Unsuccessful Property Investors – Successful Investors Do These Things ⎜ Ep. 1427
In this episode, we explore the differences between successful and unsuccessful property investors.
We discuss how successful investors make property a top priority, ensure that both partners are on board, are patient, accept reality, and changing their thinking when facts change.
We caution against waiting for the perfect property and emphasise that while successful investors are methodical and have criteria, they understand trade-offs between high growth and high yield.
Main Topics Discussed:
Successful vs unsuccessful property investing
Relationships
Tradeoffs in property investment
8/8/2023 • 16 minutes, 21 seconds
"Should I Add a Minor Dwelling on The Back of My Section?": Costs and Returns Revealed ⎜ Ep. 1426
In this episode, we delve into how to add a minor dwelling to your property.
We discuss the process, cost, potential rental returns, and the impact on the property's overall value.
We explain the types of minor dwellings you can construct, the range of rental income they can generate, and the approximate cost of construction and installation.
The episode further discusses who this strategy is best suited for and breaks down the pros and cons.
8/7/2023 • 13 minutes, 21 seconds
Developer’s Playbook: How Much Money Can You Make Developing Properties? Real Numbers ⎜ Ep. 1425
In this episode, we discuss one of Andrew's recent developments and how much money he expected to make ... compared to what he will potentially make.
You'll get to hear what goes into a development budget, and how the costs shape up (and change) during the course of a development project.
You'll also hear how much money you need if you want to start developing properties.
Ultimately, you can use this information if you are interested in doing your own development project.
8/6/2023 • 17 minutes, 59 seconds
Case Study Sunday – "I'm Sure It'll Be Ok" – How Arron Started Investing ⎜ Ep. 1424
In this episode, we are joined by a listener of the show, Arron to discuss his property investment journey.
Arron shares why he's investing in property and the strategy he's using to build wealth.
This includes how he and his partner communicate and make better financial decisions together.
Main topics discussed:
Property Investment Case Study
Communicating with Partner and relationships
8/5/2023 • 16 minutes, 5 seconds
New Builds vs Existing Homes – Which Prices Fell the Most? ⎜ Ep. 1423
In this episode, we delve into the differing price movements between new builds and existing homes over the past 18 months.
We examine recent market trends, discussing if the rising cost of building and dropping prices of existing houses make it wiser to "buy the dip."
We also touch on the decline in new build prices using data from developers, including Williams Corporation, and compare it with the overall market decrease.
Main Topics Discussed:
New builds vs existing home prices
Construction costs
Building costs
8/4/2023 • 15 minutes, 50 seconds
Airbnb Rules – Where Do You Need Council Permission To Set Up An Airbnb? ⎜ Ep. 1422
In this episode, we discuss the new rules for short-term visitor accommodation (like Airbnb) in Christchurch.
Through the episode, we talk about the rules for all Airbnbs around the country, including where you do and don't need permission to set up an Airbnb.
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
8/3/2023 • 18 minutes, 53 seconds
What Will My Tenants Be Like? Dodgy Area = Dodgy Tenants? ⎜ Ep. 1421
In this episode, we discuss what your tenants could be like as a property investor.
We shed light on the common misconceptions regarding "dodgy" tenants in economically challenged neighbourhoods and talk about how good or bad tenants can be found anywhere.
We also discuss what you can do as a landlord to attract responsible tenants.
Main Topics Discussed:
Misconceptions about tenants in different socio-economic areas
Examples of good and bad tenants
Tenancy risks
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
8/2/2023 • 14 minutes, 36 seconds
Is The Credit Crunch Over? Are Banks Loosening the Purse Strings ⎜ Ep. 1420
In this episode, we discuss whether the Credit Crunch is over?
We analyze recent developments in the lending policies of banks, the rise in test rates, and their impact on potential borrowers.
We also look at what real mortgage brokers and mortgage advisers are seeing in the market.
This includes discussing what the CCCFA roll backs mean for borrowers.
Main Topics Discussed:
Credit crunch and banks' lending criteria
Impact of servicing test interest rates on borrowing
Changes in the CCCFA
Bank attitudes to lending
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
8/1/2023 • 13 minutes, 28 seconds
Interest Rates vs House Prices: Should I Wait Till Interest Rates Go Down? ⎜ Ep. 1419
In this episode, we delve into the relationship between interest rates and house prices, helping you answer the question:
"Should I wait for interest rates to drop before investing in property?"
We discuss how house prices may react to falling interest rates, and how quickly they may increase.
We delve into housing price forecasts from leading economists and discuss the potential for a 4-6% increase over the next year.
Main Topics Discussed:
Interest rates and house prices
House price forecasts
Long term property investment
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
7/31/2023 • 12 minutes, 59 seconds
How Much Money Can You Make Through Property Investment: The Numbers Revealed ⎜ Ep. 1418
In this episode, we reveal how much money you can make through different property investment strategies.
We kick off by discussing the 'Buy and Hold' strategy, detailing what it involves, its returns, and potential risks.
Next, we move to the 'Golden Goose' strategy that focuses on buying a dual-key apartment with no debt.
Understand how you can walk away with substantial cash flow even after paying all costs.
We also dive into the 'Flipping Strategy' and 'Development Strategy'.
Discover the profits and risks tied to each and the importance of factors such as time, involvement, money, and risk tolerance when deciding the best strategy for you.
Main Topics Discussed:
Buy and Hold Strategy
Golden Goose Strategy
Flipping Strategy
Development Strategy
7/30/2023 • 18 minutes, 15 seconds
Case Study Sunday – "I Couldn't Even Afford a Coffee. Now I'm Investing in Property" ⎜ Ep. 1417
In this episode, we are joined by Thomas, a ched from Queenstown.
Thomas shares how he turned up in New Zealand with little to his name. Now, he is one of the top chefs in New Zealand.
He walks us through his journey including how he purchased his first property, and what he's doing now to grow a property portfolio.
Key points discussed:
Buying your first investment property
Queenstown Property Market
7/29/2023 • 17 minutes, 15 seconds
Top 10 Best Places To Invest In NZ (Outside the Main Centres) ⎜ Ep. 1416
In this episode, we explore the top 10 investment hotspots in New Zealand outside the main centres.
We discuss the potential for capital growth in locations such as Kaiapoi, Rangiora, and Ashburton.
We also delve into why the South Island, specifically places like Blenheim and Nelson.
While making our assessment, we consider factors like affordability, rental yields, average incomes, population growth, and desirability.
Lastly, we cover areas with high rental yield like Tokoroa, Levin, Whanganui, and Gisborne and reveal why Queenstown-Lakes has made it to our top 10 list.
Main Topics Discussed:
Top investment locations
Rangiora property market
Kaiapoi property market
Ashburton property market
Levin property market
Whanganui property market
Gisborne property market
Tokoroa property market
Queenstown property market
Nelson property market
Blenheim property market
We also mention you can play around with this data on our website.
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
7/28/2023 • 16 minutes, 32 seconds
[Latest Data] Inflation Predictions: What It Means For Interest Rates ⎜ Ep. 1415
In this episode, we discuss the latest inflation data and our predictions for where inflation is heading.
We start by discussing the current 6% inflation figure and how fast inflation is going down.
This includes the impact on interest rates and our latest interest rate predictions.
Finally, we discuss the potential impact on the property market and house prices.
Main Topics Discussed:
Inflation
Inflation impact on interest rates
Inflation predictions and inflation forecasts
Interest rate predictions and forecasts
And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study.
It's on Tuesday August 8th at 7pm, click the link to register.
7/27/2023 • 15 minutes, 37 seconds
Top 4 Reasons Your Mortgage Got Declined! (With Case Studies)⎜Ep. 1414
In this episode, we discuss the top four reasons why your mortgage application might get declined.
This includes real-life case studies to show you where Kiwis are going wrong.
This includes scenarios where investors have got the value of their properties wrong, not disclosed debts, and put the wrong income on a mortgage application.
Through this, you'll learn how to avoid mortgage rejection and will be able to steer clear of these common mistakes.
Main topics discussed:
Getting finance
Mortgage approval
Mortgage decline
We also mention our upcoming property investment bootcamp. This is in Christchurch on Saturday 29th July from 1 – 3pm. It's free to register. Click the link to book your free ticket.
7/26/2023 • 13 minutes, 42 seconds
Aging Nation vs Rising Students: Decoding the Demographics of the NZ Property Market? ⎜ Ep. 1413
In this episode, we discuss how population shifts impact the property market.
This includes what the birth rates from 21, 47 or even 65 years ago tell us about the property market today and where the opportunities will be in the future.
You'll hear how to use this data to plan your property portfolio and buy properties New Zealand needs.
Main Topics Discussed:
Impact of Demographics on Property Market
Trends in University Student Numbers
Future of Student Housing
Increase in Elderly Population
Changes in Housing Needs
Role of Demographics in Market Analysis
7/25/2023 • 14 minutes, 48 seconds
Investment Anxiety: It's Real. Here's How To Conquer It ⎜ Ep. 1412
In this episode, we are joined by Michael and Becky from Anxiety Specialists to talk about how you can conquer investment anxiety as a property investor.
Together, the two take us through the techniques that you can use to conquer anxiety including Worry Scheduling and Conscious Challenging.
You can use these techniques to deal with worries, fears and concerns when investing in property.
And we also mention Anxiety Specialists YouTube Channel and their website.
7/24/2023 • 18 minutes, 28 seconds
How Much Does It Cost To Sell My House and Put It On The Market? Hidden Costs Revealed⎜Ep. 1411
In this episode, we unravel the hidden costs associated with selling a house. We don't just talk about the real estate agent's fees but dig deep into all the costs you'll face when putting a property on the market.
We start with the unavoidable costs related to photos, videos, and marketing, which also includes the fee to list the property on TradeMe. We then discuss how much it typically costs and when you need to pay for these services.
Staging your house is not mandatory, but is it recommended? We weigh in on the pros and cons and discuss the influence it has on the final selling price. We also share the typical costs, factors that can make it more expensive, and when these payments are generally due.
Other significant expenses to consider are a builder's report and potential repair costs. We explain why it's beneficial to invest in a builder's report and discuss an instance where a property needed substantial maintenance before being listed.
Finally, we sum up all the costs, giving you an idea of what the total cost could be when selling your house, apart from the agent's commission.
Main topics discussed:
Marketing and Listing Costs
The Role and Cost of Staging
The Importance of a Builder's Report
Potential Repair Costs
Total Cost Summary
7/23/2023 • 17 minutes, 8 seconds
Case Study Sunday – "I Was Curled Up in The Fetal Position" – Michael and Becky's Emotional Rollercoaster ⎜ Ep. 1410
In this episode, we are joined by Becky and Michael, a pair of podcast listeners who are currently building two properties on the back of their section.
We go through the emotional rollercoaster of the build, and how they were hit by an unexpected $500,000 bill.
Michael and Becky walk us through how they handled it, and what their next steps are in property investment.
7/22/2023 • 15 minutes, 44 seconds
When Do You See the Cash from Your House Sale? When's Payday?⎜Ep. 1409
In this episode, we delve into the financial aspects of selling a house, specifically, when and how you get paid from the sale.
We begin by discussing the reasons why people are keen to get the money quickly, such as needing the cash to pay a deposit on their next property.
We then break down the selling process, shedding light on when you actually get paid.
You'll also learn what happens on settlement day, when the balance of the property price is paid.
Main topics discussed:
House Selling Process
Deposit Payments
Real Estate Agent Commission
Legal Aspects
Settlement Day
We also mention our upcoming property investment bootcamp. This is in Christchurch on Saturday 29th July from 1 – 3pm. It's free to register. Click the link to book your free ticket.
7/21/2023 • 9 minutes, 53 seconds
Latest Data: What's Happening In the NZ Property Market Right Now? ⎜ Ep. 1408
In this episode, we discuss the latest property market data from the Real Estate Institute of New Zealand.
This includes a look into which areas are increasing (and which are decreasing) in value. We also discuss the areas where more (and fewer) properties are selling.
Ultimately, this lets you make an informed decision about whether (and where) to invest in New Zealand property.
7/20/2023 • 16 minutes, 2 seconds
More Costs for Apartment Owners? Understanding the New Body Corporate Rules ⎜ Ep. 1407
In this episode, we discuss the recently updated Unit Titles Act, and what these changes mean for apartment owners in New Zealand.
We start with a breakdown of the new laws that came into effect on 9th May 2023 and highlight the three main changes:
Giving apartment buyers more information about the building so they can make a more informed decision.
Forcing some body corporates to hire a professional body corporate manager.
Increased emphasis on long-term maintenance planning, including the requirement that some body corporates will now need to create a 30-year long-term maintenance plan.
Finally, we address the impact of these changes on body corporate fees and whether the increased disclosure and new rules could lead to higher costs for apartment owners.
Main topics discussed:
Apartments
New Body Corporate Rules
Unit Titles Act Changes
Role of Body Corporate Managers
Long-term Maintenance Planning
Potential Rise in Body Corporate Fees
We also mention our upcoming property investment bootcamp. This is in Christchurch on Saturday 29th July from 1 – 3pm. It's free to register. Click the link to book your free ticket.
7/19/2023 • 13 minutes, 56 seconds
Interest Rate Predictions: Will Interest Rates Go Back Down? ⎜ Ep. 1406
In this episode, we discuss whether interest rates will go down over the next few years.
We dive into the factors impacting interest rates and discuss why many people believe they might drop in the future.
We discuss how the Reserve Bank has increased interest rates to combat inflation and explain how an inverted yield curve can signal expected rate drops.
We also look at the Reserve Bank's own projections and recent inflation trends, which both suggest that we might have reached the peak of the interest rate cycle.
Main topics discussed:
Interest rates in New Zealand
Interest rate predictions
Inflation
Interest rates
Reserve Bank
7/18/2023 • 13 minutes, 43 seconds
Renovate to Flip vs. Renovate to Hold: What's Right For Me? ⎜ Ep. 1405
In this episode, we break down the key differences between: Renovate to Flip vs Renovate to Hold.
We dig into the unique considerations that each method demands:
Buyer: whether you'll sell to an owner occupier or rent to a tenant.
Building: The type of property you'll invest in.
Bunnings (Building Materials): The choice of renovation materials based on look and how easy it is to replace.
Budget: How much you should spend on a flip vs a hold.
We wrap up the episode with some real-life success stories about successful flip and hold renovations.
Main topics discussed:
Renovation strategies
Renovate to flip vs renovate to hold
BRRRR strategy
Renovating
Flipping properties
7/17/2023 • 15 minutes, 42 seconds
Investing in Auckland: Hot or Not? Should I Invest in Auckland? ⎜ Ep. 1404
In this episode, we dissect whether you should invest in Auckland – New Zealand's largest and most expensive city.
We discuss the pros and cons of investing in Auckland. Highlights include:
Auckland's house prices are currently 9.30% below their long-term average, suggesting potential growth.
Historically, Auckland's house prices have increased more rapidly than the rest of New Zealand.
Population growth in Auckland is set to fuel the demand for housing.
However, Auckland's high house prices and lower yields present challenges for investors.
We examine what kind of properties an investor should consider in Auckland and delve into who would most benefit from investing there.
Main topics discussed:
Auckland house prices
Auckland property market
Auckland property investment
7/16/2023 • 18 minutes, 14 seconds
Case Study Sunday: "We Liked It ... So We Bought It" How This Family Is Investing, Together⎜Ep. 1403
In this episode, we are joined by Nitpreet, a listener of the show who joins us from the back of his family jewellery shop.
He shares how his family are investing together in the South Auckland market and how they achieve their financial goals together.
This includes why they want to invest and how they manage the family dynamic (and any issues that come up).
7/15/2023 • 14 minutes, 20 seconds
The 23-Step Checklist To Find the Right Investment Property: Don't Buy A Dud⎜Ep. 1402
In this episode, we delve into the 23-step checklist you can use to identify good investment properties.
This detailed guide covers five critical aspects of property investing:
Location: things like historical capital growth, the property cycle of the region and population growth.
Developer: Factors related to the developer's financial stability, reputation and their handling of issues.
Banks / Lending: We explore whether banks will lend you money for the property.
Building: Whether the property has a healthy yield, tenant demand, and whether it meets the Healthy Homes Standards.
Pricing: We discuss the significance of appropriate and affordable pricing.
You can download the checklist to use on your own property investment journey here.
7/14/2023 • 16 minutes, 22 seconds
“Don’t Have Babies” … How Maternity Leave Impacts How Much You Can Borrow ⎜ Ep. 1401
In this episode, we discuss how couples planning to have children can invest in property, how to plan a portfolio, and what to look out for.
This includes how to navigate the financial challenges that come with a single income while one partner is on maternity leave.
We shed light on how having children impacts cash flow, borrowing capabilities, and your ability to invest. We also explore how maternity leave influences these dynamics.
Main Points Discussed:
The Impact of Having Children on Investing:
Maternity leave
Investing Before Having Children:
Friendly Bank Policies for People on Maternity Leave:
Strategies for Single-Income Families:
7/13/2023 • 13 minutes, 36 seconds
Building Inspection Breakdown: Spot the Real Problems vs. The Minor Issues ⎜ Ep. 1400
In this episode, we delve into the world of building inspections, showing you how to spot significant issues (and avoid worrying about minor concerns).
We analyze two different building inspection reports: one for an existing plaster home, and the other for a new build.
Whether you're a seasoned investor or a first-time homebuyer, this episode will teach you how to navigate building inspections confidently.
Main Points Discussed:
Understanding Building Inspections
Analyzing an Inspection Report for an Existing Plaster Home
Dissecting an Inspection Report for a New Build
How to Distinguish Between Major Problems and Minor Issues
Links Mentioned –
Property investment bootcamp - Learn how to be a property investor
7/12/2023 • 15 minutes, 23 seconds
Bonus - Spot the Difference- Good Vs Bad Investment Property - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How To Spot the Difference: Good Vs Bad Investment Property' by uncovering the hidden traits of a profitable investment property, the common oversights made by investors and we share our 23 step checklist to help you make the right decisions.
7/11/2023 • 1 hour, 25 minutes, 45 seconds
"The bank 'thought' we earned an extra $42,000" – How This Couple Used the Earn Baby Earn Strategy To Get Their Mortgage Approved ⎜ Ep. 1399
In this episode, we tackle the "Earn Baby Earn" strategy for self-employed individuals, small business owners, and commission earners aiming to get their mortgages approved.
We define what this strategy is, how it works, and why it might help you borrow more from the banks.
Through a case study, we illustrate how one couple, Lucy and Nathan, successfully used this strategy to get their loan approved despite initially failing to meet the bank's requirements.
Main Points Discussed:
The "Earn Baby Earn" strategy explained
Actual vs. Bank perceived income
Advice for commission earners seeking a mortgage
The potential of the "Earn Baby Earn" strategy for prospective property investors
Links Mentioned:
Property investment bootcamp - Learn how to be a property investor
7/11/2023 • 13 minutes, 15 seconds
FOMO Returns: 7 Reasons The Market Is About To Turn ⎜ Ep. 1398
In this episode, we delve into 7 major indicators that suggest that the property market is about to turn.
We discuss factors like the recent dip in house prices, wage growth, a continuous rise in rents, and escalating construction costs.
We also cover whether interest rates have peaked and if the banks are easing credit criteria.
Main Topics Discussed:
Property Market Update
Decline in House Prices
Wage Growth
Rising Rents
Construction Costs and Failing Developments
Banks Easing Credit Criteria
Links Mentioned:
Tony Alecander's Newsletters
Upcoming Webinar (Spot the Difference: Good Vs Bad Investment Property Tuesday, 11th July at 7pm)
7/10/2023 • 14 minutes, 34 seconds
How To Buy an Investment With No Cash (Useable Equity Explained) ⎜ Ep. 1397
This episode breaks down the basics of useable equity.
We clarify what useable equity is, how it differs from regular equity, and how it can be leveraged to purchase an investment property without a cash deposit.
We also address potential uses, risks, and the steps to access your useable equity. This knowledge is essential whether you're an experienced investor or just beginning your property journey.
Main Points Discussed:
Definition and Calculation of Useable Equity
Utilizing Useable Equity to Purchase Property
Different Property Types and Borrowing Limits
Other Uses and Risks of Useable Equity
Steps to Access Your Useable Equity
Links mentioned:
Useable Equity Calculator
7/9/2023 • 12 minutes, 46 seconds
Case Study Sunday – Sisters Own 6 Houses Between Them. How Christine and Miriam Got Their Start ⎜ Ep. 1396
In this episode, we are joined by Christine and Miriam from Wellington. These sisters began investing together about 6 years ago.
Since then, they have used their first property to grow an impressive portfolio. Today, they have 6 properties between them.
They talk us through their journey and what they've learned over the years.
7/8/2023 • 17 minutes, 26 seconds
One vs Two: How Many Real Estate Agents Should I Use? ⎜ Ep. 1395
Should you use one or two real estate agents to sell your property?
Justin, one of our listeners, has 2 properties up for sale. But two real estate agents want to sell them in different ways. And he's scratching his head over which strategy to go for.
In this episode, we get down to the nitty-gritty of sole agency versus general agency contracts. I.e. should he use 1 or 2 real estate agents?
We talk about the pros and cons of both options. With a sole agency, you might get better service, but your property's exposure is limited to one network.
With a general agency, your property potentially gets seen by more people, but there are potential conflicts and extra costs to consider.
And just to keep things spicy, we look at Justin's specific situation. Plus, Andrew shares a real-life experience from a few years back when he was in Justin's shoes.
Main topics discussed:
Sole vs General Agency
Selling strategies for adjacent properties
Real-life experiences in property selling
Pros and cons of both agency options
Links mentioned:
Upcoming webinar – Spot the Difference: Good vs Bad Investment Property Tuesday 11th July at 7pm
7/7/2023 • 14 minutes, 32 seconds
Setting Up Your Own Residents Association – Step-By-Step Guide for Property Investors ⎜ Ep. 1394
In this episode, we dive into the murky waters of setting up a resident's association. You're in for a treat – it's a step-by-step guide!
A listener of the show, Michael is in a bit of a pickle. He settled on a townhouse in Dec '22. But here's the twist, the developer went under, and now there's no resident's association.
So, Michael is scratching his head, wondering – do I need one? And if I do, how on earth do I set it up?
In this episode, we clear the air about resident's associations – what they are, why they're important, and yes, the nitty-gritty on how to set one up.
You'll learn about the three main functions of a resident's association. You'll also learn the five steps you need to set up a resident's association:
Main topics discussed:
Setting up a resident's association
Role of insurance in resident's associations
Shared property maintenance
Rules within resident's associations
7/6/2023 • 15 minutes, 23 seconds
Rental Appraisals Trust Them or Trash Them? Learn How to Spot an Accurate Estimate ⎜ Ep. 1393
In this episode, we get down to the nitty-gritty of rental appraisals.
A listener recently reached out, scratching their head over a couple of rental appraisals that seemed a bit high for a potential investment in Auckland's Beach Haven.
We unpack what rental appraisals really are and how much weight you should give them. Spoiler alert: they're not an exact science!
You'll learn the steps you need to take to make sense of these estimates, and we'll use a real-life example to illustrate our points.
And what if you pick the wrong appraisal? We've got you covered with a chat about the potential pitfalls and how to sidestep them.
This episode is like a backstage pass to the world of rental appraisals. So, buckle up and join us for the ride!
Main topics discussed:
Rental appraisals
Property investment
Property management
Real estate market in Auckland
Beach Haven properties
Market research
Rental income
7/5/2023 • 14 minutes, 26 seconds
The Great Kiwi Property Debate: Can First Home Buyers Still Break Through? ⎜ Ep. 1392
In this episode, we dive into New Zealand's housing landscape to discuss whether first-home buyers can still break through.
We talk about the widening gap between house prices and income growth.
But also that despite the challenges, first-home buyers are making homeownership happen, accounting for a quarter of the market.
We also explore international homeownership comparisons, debunking some common misconceptions.
You'll also hear inspiring stories of first-home buyers overcoming obstacles and offer practical advice for those looking to secure their first property.
Main topics discussed:
First home buyers
Homeownership
Success stories
7/4/2023 • 17 minutes, 20 seconds
Convincing The Sceptic – How To Get Your Partner On Board With Property Investing ⎜ Ep. 1391
In this episode, we discuss a situation where a listener of the show is trying to convince her sceptical husband to invest in property.
We share her story and talk through the best way to talk to your significant other about property investment.
This includes a discussion about what happens when they read bad news articles in the media.
Ultimately we suggest that instead of trying to 'convince the sceptic', you should instead try to understand their thoughts, concerns and fears so you can discuss how to work through them.
We also mention that you can find our new ebook here – New Build Buyers Guide ebook.
You can also read the interest.co.nz article mentioned in the podcast here.
7/3/2023 • 18 minutes, 36 seconds
How Many Cars Do Kiwis Actually Own? How Many Car Parks Should My Investment Property Have? ⎜ Ep. 1390
In this episode, we discuss how many cars Kiwis own.
This includes diving into the numbers to look at how car ownership differs between homeowners and tenants.
We also discuss how this changes around the country. People own lots of cars in some parts of NZ, and fewer cars in other parts.
Ultimately, this will help you make a decision about how many cars you need in your investment property.
7/2/2023 • 17 minutes, 15 seconds
Case Study Sunday – 29 Year Old Buys Her First Investment Property. How Nicole Did It ⎜ Ep. 1389
In this episode, we are joined by Nicole, a property investor who bought her first rental at 29.
Nicole shares how she bought her first home and the steps she took to get ready to invest in property.
But it wasn't until Nicole saw someone her age buying an investment property that she realised she could too.
As usual, Nicole is a listener of the show and has come on to Case Study Sunday to share her story and inspire others.
If you want to feature on Case Study Sunday, too, send an email to [email protected]
7/1/2023 • 14 minutes, 48 seconds
TradeMe vs Realestate.co.nz – What's The Best Website for Finding NZ Properties? ⎜ Ep. 1388
In this episode, we discuss which is the better website for finding property investment deals – TradeMe or Realestate.co.nz.
We review how many listings each website has, the features and the differences in how you search for properties.
Ultimtaely there are more differences than you might think. Ultimately we crown the king of property websites.
6/30/2023 • 17 minutes, 5 seconds
Where Will Property Prices Bottom Out (And Bounce Back) First? ⎜ Ep. 1387
In this episode, we look through the latest property market data to determine which New Zealand areas will bottom out first.
This includes a discussion of which areas are still seeing significant price falls and which are seeing little change.
Ultimately this will help you make a decision about whether (and where) to invest over the next year or two.
6/29/2023 • 11 minutes, 20 seconds
"We Tried Investing in Student Housing - The Rental Yields Will Shock You!" ⎜ Ep. 1385
In this episode, we are joined by Ilse Wolfe from Opes Accelerate to discuss what property investors need to know about investing in student housing.
We deep dive into the Dunedin market and look at where student housing is most in demand, the types of properties that suit student housing, and the returns investors can get when investing in these types of properties.
Ultimately this will help you understand whether investing in student housing is the right fit for you.
6/27/2023 • 16 minutes, 7 seconds
Negative Equity: Have Falling House Prices Put You In Mortgage Prison? ⎜ Ep. 1384
In this episode, we discuss the concept of 'negative equity'. This includes what it is, who is most likely to fall into having negative equity, and how to get yourself out.
We also discuss how being in (or close) to negative equity can put property investors into 'Mortgage Prison'.
This is where you struggle to switch banks because your property's value has decreased.
This can mean you struggle to get a better interest rate.
6/26/2023 • 16 minutes, 38 seconds
The Secret Language of Real Estate Agents: What They Say Vs What They Mean ⎜ Ep. 1383
In this episode, we discuss the secret language of real estate agents; this includes the euphemisms they use when advertising properties.
We go through words like 'cosy', 'motivated seller', 'shabby chic' and 'renovator's dream'.
This shows you what to look for when searching for properties online.
6/25/2023 • 13 minutes, 58 seconds
Case Study Sunday – Real Investor: How Eliot Started Flipping Properties In Christchurch ⎜ Ep. 1382
In this episode, we are joined by a listener of the show – Eliot – who shares how he started investing in property and how he has now started flipping properties.
He also shares how he found a business partner to start flipping with, how he renovated his first property during the pandemic, and the next steps he'll take in his renovation and property investment journey.
If you want to come on the show and share your story, email [email protected].
6/24/2023 • 15 minutes, 19 seconds
NZ vs Australia: The Investing Strategies That Work Across The Ditch (New vs Existing) ⎜ Ep. 1381
In this episode, we compare the strategies that work when investing in property in Australia and the New Zealand market.
This comes after a listener of the show asked why some property experts in Australia recommend against investing in New Build properties.
Whereas others in New Zealand favour investing in New Builds.
We compare the different rules in Australia and New Zealand so you can decide how you want to start investing.
6/23/2023 • 10 minutes, 37 seconds
I'm Moving to Australia! What Do I Do With My NZ Properties?" ⎜ Ep. 1380
In this episode, we discuss what Kiwis need to know if they move to Australia.
This includes what to do with your New Zealand properties and the different options you have.
This includes a discussion on how to grow your NZ property investment portfolio before you move across the ditch and how to hang on to your properties in NZ.
In this episode, we discuss the dirty secrets of property spruikers. These businesses (primarily based in Australia) sell you bad property investment deals.
We share their underhanded tactics to get people to invest and what's wrong with some of their deals.
This includes businesses selling properties for more money than they are worth and even mortgage and bank fraud (on the part of the spruikers).
Ultimately this episode will help you spot a property spruiker to avoid their high commissions and trickery.
6/21/2023 • 18 minutes, 33 seconds
Bonus - How To Get The Bank To Say Yes ... Two Case Studies on Increasing Serviceability - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'How To Get The Bank To Say Yes ... Two Case Studies on Increasing Serviceability' with Ilse Wolfe from Opes Accelerate.
6/20/2023 • 1 hour, 35 minutes, 27 seconds
Bought a House with Your Parents? Brace Yourself for this Hidden Tax ⎜ Ep. 1378
In this episode, we discuss a hidden tax that most Kiwis don't think about when buying a house with their parents.
We all know about the Bright Line Test. That's New Zealand's version of a capital tax gains tax.
And most of us also know it doesn't apply to the family home. But, if your parents buy your house with you, they could have to pay tax if you sell your property within the bright line.
This is a tax most Kiwis won't be thinking about. But with mortgage brokers reporting that up to 50% of first home buyers get help from the Bank of Mum and Dad ... this is a tax you need to know about.
6/20/2023 • 11 minutes, 23 seconds
Are Christchurch Properties Harder to Insure After the Earthquakes? ⎜ Ep. 1377
In this episode, we discuss whether it is harder to insure properties in Christchurch compared to the rest of the country.
We go through the data to show which parts of the country are most likely to be hit by an earthquake and also look at how much insurance costs around the country.
Ultimately this will let you make an informed decision about where to invest, and you'll also understand how much your house insurance could cost.
6/19/2023 • 13 minutes, 18 seconds
"I Regret Paying Down Debt" – When Paying Off Debt Is The Wrong Decision ⎜ Ep. 1376
In this episode, we share a case study of a listener of the show who regrets paying down debt.
We share how they sold a property and paid down their personal mortgage. This investor wanted to re-borrow against his home to purchase an investment property.
But he decided to wait because it wasn't the right time to buy. When the investor was ready to grow his investment portfolio, his house value had dropped.
That meant he couldn't get the money from the bank for the deposit. Ultimately he found himself saying, "I wish I hadn't paid down debt."
6/18/2023 • 17 minutes, 16 seconds
Case Study Sunday: "We Now Earn $52,000 More And Bought Our First Investment Property" ⎜ Ep. 1375
In this episode, we are joined by property investor and financial adviser Stevie Waring to discuss a case study of a couple who increased their income so they could start investing in property.
This couple had a lot of bubblegum debt. That's credit cards, personal loans and car loans. This debt was holding them back from investing in property.
So they increased their incomes by a whopping $52,000 so they could invest in property. This is the story of how they did it.
6/17/2023 • 17 minutes, 26 seconds
Buying a Property: The Emotional Rollercoaster You Didn't See Coming! ⎜ Ep. 1374
In this episode, we discuss the emotional rollercoaster of purchasing an investment property.
As much as we all say "focus on the figures," … the truth is that feelings come into buying an investment property too.
So in this episode, you'll learn all the emotions you'll face when you purchase an investment property.
You'll also learn how to manage these emotions and the tactics you can use to get your head back in the game.
6/16/2023 • 17 minutes, 33 seconds
Tauranga: Is It a Good Place To Invest? (New Data Update)⎜Ep. 1373
In this episode, we discuss whether Tauranga is a good place to invest (or not).
We look at how quickly house prices have increased in Tauranga and which parts of Tauranga have seen the fastest capital growth.
You'll also get a feel for where Tauranga is in its property cycle. Is it overvalued? Or undervalued?
Ultimately, this helps you make an informed decision about whether you want to invest in the Tauranga property market (or not).
6/15/2023 • 17 minutes, 26 seconds
What Happens If I Don't Invest? Retirement Reality Revealed ⎜ Ep. 1372
In this episode, we discuss what happens if you don't invest in property.
This includes a discussion about which Kiwis need to invest and the idea that every New Zealander need a 'stop work plan'.
That's a plan for what happens when you want to stop working.
You'll find out the types of people who don't tend to invest and what life looks like if you just live on the NZ Superannuation.
6/14/2023 • 17 minutes, 29 seconds
Splitbanking Simplified … Should I Cheat on My Bank? Pros and Cons Explained ⎜ Ep. 1371
In this episode, we discuss 'Split Banking'. This is a mortgage strategy where investors use multiple banks rather than just one.
This strategy will help some investors grow their portfolios faster and protect their assets when they begin to sell down.
We take you through both the pros and cons of this strategy so you can decide for yourself whether this is the right strategy for you.
6/13/2023 • 13 minutes, 17 seconds
We Tried Renovating a House – You Won't Believe the Disasters! Reno Horror Stories ⎜ Ep. 1370
In this episode, we are joined by Ilse Wolfe, a property investor who shares her renovation horror stories.
This includes times when tenants have destroyed her properties and other times when renovation projects have become more time-consuming and expensive (through no fault of the property investor).
Ultimately this will help you understand the problems that can happen when you renovate.
And through this, you'll learn to avoid some of the common mistakes so that you can be a more successful property investor.
6/12/2023 • 15 minutes, 36 seconds
What's Draining Your Cashflow? Top 5 Factors Explained! ⎜ Ep. 1369
In this episode, we discuss the 5 factors that most impact the cashflow of your investment property.
This includes the interest rate, the mortgage type, the cash deposit, the property's tax situation, and the property's yield.
Together this will give you a sense of how your property's cashflow could change based on how you set it up.
You can also watch the video version of this podcast by heading to the Opes Partners Youtube channel.
Just Google 'Opes Partners YouTube', and you'll see it come up.
6/11/2023 • 15 minutes, 21 seconds
Case Study Sunday – How Much Money Have Opes Investors Made? ⎜ Ep. 1368
In this episode, we discuss how much money investors who work with Opes Partners have made.
Over the years, many investors have asked whether we can share these numbers.
Although we often don't like talking about ourselves, we've made an exception here since so many investors have asked the question.
This includes comparing how much money the investors have made compared to the rest of the market.
This helps you understand how to tell whether someone is good at picking potential investment properties.
6/10/2023 • 16 minutes, 36 seconds
Spot the Difference Challenge: Progressive Payments Build Vs. True Turnkey – Can You Do It? ⎜ Ep. 1367
In this episode, we discuss how to spot the difference between a progressive payment and turnkey property.
This is important for investors to know since progressive payment contracts come with hidden costs.
However, telling the difference can be hard since developers will sometimes advertise their properties as 'turnkey' when they're not.
This episode will help you tell the difference and find out what to look for when finding properties online.
6/9/2023 • 10 minutes, 5 seconds
Do I Really Need a Mortgage Broker? The Answer May Be No ⎜ Ep. 1366
In this episode, we discuss whether property investors, first-home buyers and homeowners need to use a mortgage broker.
This includes discussing who will get value from using a mortgage broker … and who will get less value.
We also discuss situations where Kiwis should not use a mortgage broker.
Ultimately, this will help you decide whether a mortgage broker is the right fit for you and your financial situation.
In this episode, we do a live experiment to see if (and how) you can use ChatGPT and artificial intelligence to invest in property.
We go through 4 different use cases and then decide whether the experiment was an epic win … or an epic fail.
This includes:
seeing whether property investors can use ChatGPT to create a target list of properties,
whether it can analyse a property market, and if
artificial intelligence can automate creating letters for your tenants.
Ultimately this will help you understand how artificial intelligence could make being a property investor a bit easier.
6/7/2023 • 16 minutes, 33 seconds
Bonus - From Zero to $100k Building Passive Income Through Property - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'From Zero to 100k Building Passive Income Through Property' and how to start running the race with your own property portfolio.
6/7/2023 • 1 hour, 29 minutes, 40 seconds
Rank the Banks – Which Bank Gives You Mortgage Money Easiest? ⎜ Ep. 1364
In this episode, we rank the banks. This includes talking about 5 of the major banks in New Zealand (ANZ, BNZ, ASB, Westpac and TSB).
We rank them in order of which banks are most willing to lend money based on their income criteria.
For this, we are joined by two mortgage advisers – Peter Norris and April Hastilow, both from Catalyst Financial.
Of course, this episode is based on the experience of the two brokers (and they don't always agree).
And just because one bank might provide the "easiest" yes for one person doesn't mean it will be the same for another.
Similarly, even if a bank has stricter lending criteria, it could still be the right fit for you.
This episode aims to help you become a more informed investor, so you can appreciate that not all banks are the same.
6/6/2023 • 14 minutes, 57 seconds
Don't Buy These! Do Not Invest In These New Build Properties ⎜ Ep. 1363
In this epsiode, we discuss the New Build properties that Kiwis should stay away from.
This includes what to look out for when you are searching for a New Build property on TradeMe.
The main ones to look out for are:
staying away from 1-bed properties and studios,
staying away from expensive brand-name developers,
watching out for leasehold properties, and also
whether the property is turnkey or a progressive payments build.
Ultimately this allows you to go into property investment with your eyes wide open, able to make a good investment decision.
6/5/2023 • 14 minutes, 37 seconds
Dunedin: Is It a Good Place To Invest? (New Data Update) ⎜ Ep. 1362
In this episode, we discuss whether Dunedin is a good place to invest (right now).
This includes a deep dive into the latest data for this student city, and a discussion about which parts of Dunedin could be good for investing.
Of course, Dunedin has a lot of young students, which presents its own set of risks. So we talk through how you can handle some of those risks.
Ultimately, this will help you decide whether investing in Dunedin is the right fit for you and your portfolio (or not).
6/4/2023 • 13 minutes, 2 seconds
Case Study Sunday: Property on TradeMe Has $70,000 of Hidden Costs ⎜ Ep. 1361
In this episode, we compare progressive payments vs turnkey properties.
We go through TradeMe to look at the hidden costs of purchasing a progressive payments build and how Kiwi property investors can tell the difference.
This analysis shows that a 'seemingly' cheaper property can be more expensive simply because of the hidden costs not disclosed on TradeMe.
Ultimately this helps you become a better property investor because you'll know what to look for when evaluating an investment property.
6/3/2023 • 16 minutes, 49 seconds
OCR Peaked – Will Interest Rates Plunge? Reserve Bank Announcement Analysed ⎜ Ep. 1360
In this episode, we discuss the Reserve Bank's most recent increase in the OCR and how this will impact mortgage interest rates.
We analyse the Reserve Bank's press conference and examine how house prices might change based on the bank's analysis.
This provides clues about where the OCR may go and how it could impact your property investment strategy.
6/2/2023 • 13 minutes, 38 seconds
"My Husband Won't Let Me Invest" – What Couples Need to Know ⎜ Ep. 1359
In this episode, we discuss how couples can get on the same page when it comes to property investment.
No, that doesn't mean that one partner convinces the other that they should invest in property ... it's about deciding whether property investment is the right fit for you and your relationship.
We go through why couples get into conflict when it comes to property and the 4 ways you can get on the same page. Ultimately this allows you to move forward together as a couple.
6/1/2023 • 14 minutes, 4 seconds
Leaky Home Owner Wins $524k Claim Against Housing Inspector – What You Need To Know ⎜ Ep. 1358
In this episode, we discuss how one leaky homeowner won over half a million dollars from her former building inspector.
This homeowner thought she was doing the right thing. She was given a building report from the real estate agent and even called the building inspector to make sure the home wasn't leaky.
When she moved in, she quickly realised ... it was.
She took the building inspector to court and won!
The most interesting part – she wasn't even the building inspector's client. She didn't pay them a cent.
This is a fascinating case study as it turns some of our traditional advice on its head.
This is a must-listen for first-home buyers, homeowners and property investors. Through this, you'll learn whether you need to hire a building inspection company (or whether you can now rely on one given by a real estate agent).
You'll also learn what you need to look out for when buying existing properties.
5/31/2023 • 14 minutes, 40 seconds
Ultimate Power Team for Property Investing – Who's In & What's the Cost? ⎜ Ep. 1357
In this episode, you'll hear from Ilse Wolfe, a property investor and coach from Opes Accelerate.
Here, you'll learn how to build a power team for your property investment journey.
This includes who you need in your team when you follow a renovation strategy, how to use them and what they cost.
This includes how to work with builders, plumbers, electricians, plasterers and valuers.
You can then use this information to plan your next renovations-based property investment project.
Key topics: BRRRR, Power Team
5/30/2023 • 14 minutes, 48 seconds
5 Things Investing in Property Will STOP You Doing. Must Listen ⎜ Ep. 1356
In this episode, you'll learn the 5 things that investing in property could stop you from doing.
If you borrow hundreds of thousands of dollars to purchase an investment property, the bank might not let you borrow money for other things.
This could mean that investing in property stops you from upgrading or renovating your own home.
Or it could stop you from borrowing for a new car, a holiday home or buying a business.
This episode is to help you fully understand the choice you make when purchasing an investment property so you can make sure it is the right fit for you.
Key topics: property investment, borrowing
5/29/2023 • 14 minutes, 9 seconds
How Much Does It Cost To Invest In Property? Real Numbers + Hidden Costs ⎜ Ep. 1355
In this episode, you'll learn the 3 main costs of investing in property.
These include 1) the purchase price, 2) the cashflow of the property and 3) the set-up costs.
You'll learn how a standard new build property typically costs between $550k – $1.1 million.
However, the rent of this property won't cover all of the costs to own it. That's why investors need to top up their properties by $300 - $500 a week.
On top of that, there are set-up costs, which investors typically need to pay $4k - $7k.
Ultimately this will let you know how much you need to pay in order to buy and own an investment property.
Key topics: cost to invest, set up costs, cashflow
5/28/2023 • 13 minutes, 37 seconds
Case Study Sunday: "I'm Single And Own 3 Rental Properties … Here's What I'm Doing Next" ⎜ Ep. 1354
In this episode, you'll hear a case study of an investor who owns 3 rental properties ... despite the fact that she's single.
While this investor was doing well, her properties were losing about $770 a week due to interest deductibility tax changes.
You'll hear how she plans to restructure her portfolio to turn things around.
The strategies we discuss are: selling a property, using an interest-only mortgage, and buying a property with better cashflow.
Want to forecast the cashflow of your investment property? Download a copy of the Opes Partners Return on investment spreadsheet for free.
Key topics: interest deductibility, case study
5/27/2023 • 13 minutes, 2 seconds
Are Dual Income Houses Worth Investing In? Pros and Cons Revealed ⎜ Ep. 1353
In this episode, you'll uncover the truth about dual-income houses. You'll learn both the pros and the cons, so you can decide whether they are the right fit for you.
This includes how dual-income houses have higher rental yields and lower risk of vacancy.
But you'll also hear the flip side. This includes the higher purchase price, the possibility of lower capital growth, and the unique challenges of reselling such properties.
You'll also explore who these properties are a good fit for.
This includes the different scenarios dual-income houses can be used in, like multi-generational living and Airbnb rental opportunities.
By the end, you'll be able to make an informed decision about whether dual-income properties are the right fit for you.
Key topics: dual key apartments, dual income properties, high yield properties
5/26/2023 • 13 minutes, 58 seconds
"You Raised The Rent Too Much" – Tenant. Here's What Happened at The Tenancy Tribunal ⎜ Ep. 1352
In this epsiode, you'll hear a compelling case study about how a tenant contested a heft $ 100-a-week rent increase.
This case ended up at the Tenancy Tribunal. Get the full scoop on both the tenant and landlord's arguments, the backstory, and the Tribunal's ruling.
You'll also learn what you need to know when increasing the rent on your investment properties.
That way, you'll better understand the dynamics of the property market, rental laws, and maintaining a good relationship with your tenants.
Key topics: rent increases, increasing rent, tenancy tribunal, case study
5/25/2023 • 10 minutes, 46 seconds
Will The 39% Trust Tax Smash Your Property Empire? NZ Budget 2023 Revealed! ⎜ Ep. 1351
In this episode, we discuss the most recent budget released by the government.
We talk about the new 39% tax rate for trusts and what this means for property investors. This includes a run-down on whether trusts still make sense.
You'll also learn whether you should use a look-through company instead. The epsiode also goes through why the taxes won't harm high-income trusts.
Instead, loss-making trusts are the ones who will feel the brunt of the tax change.
Many investors will raise an eye brow when they hear how the new tax works with interest deductibility.
Together the two rules will harm some property investors.
5/24/2023 • 10 minutes, 42 seconds
Money In. Money Out. How Your Cashflow Changes Based on Your Deposit ⎜ Ep. 1350
In this episode, we discuss how the cash deposit you put into a property impacts its cashflow.
You'll hear the numbers, including how much cash you'd need to put into a property to make it cashflow neutral.
And how the yield of the property impacts this. This gives you a sense of whether you should put a cash deposit into a property or not.
5/23/2023 • 12 minutes, 42 seconds
Cashing In on Cross Lease Conversions – What Property Investors Need to Know ⎜Ep. 1349
In this episode, we are joined by Kirstie Winter from Good Title to discuss how you can cash in on converting your cross-lease property.
This includes why cross-leases exist, how much it costs to convert a cross-lease property to freehold, and how much your property could increase in value after the conversion is complete.
We also let you in on who typically pays for the conversion (is it you and your neighbour, or just you?) Ultimately, this is to let you know the pros and cons of converting your property, the process and what it involves.
That way, you can decide whether it is the right fit for you (or not).
5/22/2023 • 17 minutes, 24 seconds
Are We At The Bottom Of The Market? The 6 Graphs You Need to See ⎜ Ep. 1348
In this episode, we discuss whether we are at the bottom of the market and the 6 graphs that you need to see if you're wanting to understand the New Zealand housing market.
This is based on a recent episode we did with economist Tony Alexander, where Tony shared which data (and graphs) you need to look at to build your own property investment analysis.
We share these graphs and show you exactly where to get the data from (for free).
5/21/2023 • 14 minutes, 58 seconds
Investors Owe $66K in TAX?! Bright Line Test Tricks ⎜ Ep. 1346
In this episode, we discuss the bright line test and 2 investors who would accidentally have to pay about $66k in tax.
This includes some of the more technical aspects of the bright line, including how the IRD treats subdivisions, flipping your family home and selling a holiday home.
Ultimately, this helps you better understand how much tax you might have to pay when buying and selling properties.
5/19/2023 • 12 minutes, 45 seconds
Unseen Bank Tricks: Don't Make These Mistakes on Your New Build Investment Property ⎜ Ep. 1345
In this episode, we discuss some of the new build lending secrets that property investors have to know.
This includes the key risks that you need to avoid (or manage) as a property investor … and what the banks are offering you.
We discuss why you might need to pay a valuer for a completion certificate ... and why you must know about pre-allocated titles.
While seemingly technical and boring, these could save you hundreds of thousands of dollars if used right.
5/18/2023 • 12 minutes, 19 seconds
Billionaires Pay Less Tax?! The Truth Revealed ⎜ Ep. 1344
In this episode, we discuss whether billionaires really do pay less tax than the rest of us.
This comes from a recent report from the IRD that suggested that the average high-net-worth individual pays less than 9% in tax.
Whereas a person earning $80,000 would pay 22% in income tax. We discuss how the IRD came to this conclusion and whether their conclusions are sound.
Ultimately, this helps you better understand and interpret the media headlines.
5/17/2023 • 14 minutes, 11 seconds
Free Data: Create Your Own DIY Property Market Analyse With Tony Alexander ⎜ Ep. 1343
In this episode, we are again joined by Tony Alexander, an independent economist, to discuss how to create your own DIY property market analysis.
Of course, if you want to get to grips with the property market, you can read commentary from the likes of Tony.
But, what if you want to explore the data yourself?
That's where you can use these tips (and free data) to dig into the details and understand what's happening in property.
5/16/2023 • 17 minutes, 13 seconds
Tony Alexander's (Updated) Interest Rate Predictions For 2023 + Beyond ⎜ Ep. 1342
In this episode, we are joined by independent economist Tony Alexander to discuss what he thinks will happen to interest rates over the next year (and beyond).
This includes a prediction that longer-term rates have already peaked and are currently on their way down.
He also suggests that the 1-year rate is at (or very near) its peak and will likely be around 6.25% by the same time next year before dropping back to about 5.25% the year following.
This depends on what happens to inflation and the Reserve Bank's actions.
5/15/2023 • 16 minutes, 44 seconds
Tony Alexander: Is this the LOWEST of the Low? Tony's House Price Predictions Revealed! ⎜ Ep. 1341
In this episode, we are joined by independent economist Tony Alexander to discuss what he thinks will happen to house prices over the next few years.
This includes his prediction that house prices will bottom out in Winter (somewhere between June and August).
He talks us through how quickly the house price recovery could happen and the factors that could impact house prices.
Ultimately this lets you make an informed decision (as a property investor) about whether now is the right time to invest (or not).
5/14/2023 • 15 minutes, 46 seconds
Case Study Sunday: Borrow Against Inherited Property To Start Investing? (Shared Equity) ⎜ Ep. 1340
In this episode, we discuss what property investors need to know about borrowing against a property they own with other people.
This specifically includes a discussion about how to borrow against a property that has been inherited in conjunction with other members of your family.
We go through the pros, cons and technicalities of borrowing against a shared property and what permission you need to get from your fellow co-owners.
You'll also learn what steps you can potentially take to free up equity against a co-owned property.
5/13/2023 • 13 minutes, 58 seconds
Should I Invest in a Dodgy Area? Property Goldmines or Absolute Nightmare? ⎜ Ep. 1339
In this episode, we discuss whether property investors should consider buying a rental property in a 'dodgy' area.
This includes a discussion of what a 'dodgy' area is and both the pros and cons of investing in one of these areas.
We also mention which suburbs might have attractive opportunities and which ones we would steer away from.
Ultimately this lets you make an informed decision about whether to invest in an area that some might be considered 'dodgy'.
5/12/2023 • 15 minutes, 56 seconds
Easier to Develop Property? Medium Density Rules Explained ⎜ Ep. 1338
In this episode, we discuss the new Medium Density Residential Standards (MDRS).
These are a set of new rules that make it easier for property investors to develop their land.
The new rules allow investors and homeowners to build up to 3 units on any piece of land (as long as you meet the standards).
But are the rules as simple as they seem? And what are the opportunities and fishhooks to look out for?
Hamish and Reuben Frizzel join us from Survus Landsurveyors for this.
Just a note, we don't have sponsored guests on the show ... and we don't charge expert guests to come on the show.
We only bring people on as guests if we think they'll teach you something new to help you become a better property investor.
5/11/2023 • 14 minutes, 19 seconds
Car Loan Hack: Use a Car Loan To Get Your Mortgage Approved ⎜ Ep. 1337
In this episode, we discuss when a car loan may actually be a good idea.
On the show, we often rail against car loans, calling them bubblegum debt and suggesting that they're not a good idea.
Here, we argue the opposite and share some situations where car loans could actually help investors grow a portfolio.
Ultimately, this helps you get a sense of whether a car loan may actually help you become a property investor sooner.
5/10/2023 • 12 minutes, 9 seconds
Bonus - The new rules of property investment - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'The 8 new rules of property investment' and what they mean for property investors and first home buyers.
We also unveil the latest research tools on our website: the Data Hub.
5/10/2023 • 1 hour, 25 minutes, 24 seconds
Ranked: The New Rules of Property Investment – Which Ones Matter? ⎜ Ep. 1336
In this episode, we rank the top 8 new rules that have been introduced to the property market over the last 5 years.
These include debt-to-income ratios, loan-to-value-ratio restrictions, interest deductibility and 5 more changes.
We let you know which ones are the most important and the impact they have had on the property market.
You'll also hear how you can adapt your property investment strategy to keep growing your portfolio.
Ultimately, this helps you become a more successful property investor.
5/9/2023 • 15 minutes, 18 seconds
I Rented My Property in 7 Days (Here's How) ⎜ Ep. 1336
In this episode, we discuss how Ed rented his property in 7 days. This includes which property he bought, what it rented for, and how it rented so quickly.
You can then use the same tactics to get your properties rented as quickly as possible.
This includes: renting your property 1-week before settlement, using clear photos, presenting the property as it is (i.e. not with furniture if there's no furniture) and making it easy for tenants to get in contact.
5/8/2023 • 12 minutes, 56 seconds
LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334
In this episode, we discuss the new LVR rules that have just been announced by the Reserve Bank.
These changes make it easier for some owner-occupiers to borrow with a lower deposit.
But, the big change is that investors purchasing existing properties will soon be allowed to purchase with a 35% deposit rather than a 40% deposit.
While that change sounds small, the outcome is impactful.
We go through an example of how some investors can borrow an extra $214k after the changes have been announced.
5/7/2023 • 13 minutes, 55 seconds
Case Study Sunday – Tradie Troubles – When to Fire a Tradie ⎜ Ep. 1333
In this episode, we are joined by property investor Ilse Wolfe. Here, she shares the situations where you might need to fire your tradie.
She walks us through a case study of where she's had to fire a tradie and where she's decided to bite the bullet and keep them on.
Ultimately this helps you become a more successful property investor by showing when and how to fire a tradie so your renovation project stays on track.
5/6/2023 • 16 minutes, 31 seconds
Subdivision Secrets: How Much Money Can You Make? What Does It Cost? ⎜ Ep. 1332
In this episode, we discuss how you can make money by using a subdivision strategy.
This includes how much your property might go up in value by when you subdivide and how much subdivision can cost.
Ultimately, this allows property investors to understand whether subdivision might be the right strategy for them.
Hamish and Reuben Frizzel join us from Survus Landsurveyors for this.
Just a note, we don't have sponsored guests on the show ... and we don't charge expert guests to come on the show.
We only bring people on as guests if we think they'll teach you something new to help you become a better property investor.
5/5/2023 • 17 minutes, 54 seconds
4 common problems with real estate agents (and how to fix them) ⎜ Ep. 1331
In this episode, we discuss the 4 most common problems with real estate agents and how to fix them.
According to polling data from Roy Morgan, only 5% of Australians consider real estate agents to have "very high" or "high" ethics and honesty.
This makes real estate agents one of the least trusted professions. While there isn't similar data available in New Zealand, it's probably fair to assume that the numbers would be similar in New Zealand.
So if Kiwis don't trust real estate agents, what are the reasons why? What are the problems Kiwis run into when using a real estate agent? And how do they fix them?
That's what this episode is about.
For this, we are joined by Micky Limmer, a real estate agent from Opes Property.
5/4/2023 • 13 minutes, 19 seconds
Who you sue – "I bought a defective new build … and the developer's gone" ⎜ Ep. 1330
In this episode, we discuss what property investors and first home buyers should do if they buy a new build property … and then the developer shuts their company down (liquidates).
This is because often after a developer is finished building a project, they will put the company into liquidation.
However, this leaves investors thinking, "what happens if there are defects with my new build investment property?"
You'll learn who you sue and, ultimately, how to make sure that your new build is put right (if there is a defect).
5/3/2023 • 11 minutes, 22 seconds
What my father taught me about money ... and what he got wrong ⎜ Ep. 1329
In this episode, we discuss what our fathers (and mothers) taught us about money and property and what they got wrong.
Our parents shape many of our thoughts, attitudes and beliefs about money. Some of the lessons they teach us will be spot on and help us for the rest of our lives.
Some of the things we learn can hold us back. Through this, you should consider what your own parents taught you about money and how they've shaped your thoughts about property.
Chances are some of the lessons you learned will help you. Though some may also be holding you back.
In this episode, we discuss the 5 largest tenancy tribunal cases in the last 5 years. Collectively these 5 landlords were fined $284,000.
You'll learn why these investors had to pay their tenants so much money and the mistakes you can avoid so you don't have to pay such hefty fines.
Ultimately, this will help you become a better property investor by showing you what not to do as a property investor.
5/1/2023 • 12 minutes, 9 seconds
War on inflation over? Economists shocked at most recent data ⎜ Ep. 1327
In this episode, we discuss whether the war on inflation is over.
Economists were shocked when Statistics NZ recently released data showing that the rate of inflation has fallen to 6.7%, down from 7.2%.
We go through the numbers to show the impact on interest rates and what it all means for property investors, homeowners and mortgage borrowers.
We also talk about why the number might not be as good as it first seems – and go through the differences between tradeable (imported) and non-tradable (domestic) inflation.
4/30/2023 • 13 minutes, 51 seconds
Case Study Sunday – Can 'channelling' shave 20 years off your mortgage? Truth vs scam ⎜ Ep. 1326
In this episode, we discuss whether the mortgage strategy 'channelling' actually can shave 20 years off your mortgage.
Recently we've seen more and more mortgage brokers talking about how to pay off your mortgage more quickly … and promoting jaw-dropping results.
Paying off your mortgage more quickly is a good idea ... but can it really be done without making extra repayments?
That's what some mortgage brokers claim. We delve into the data and the spreadsheets to put the claims to the test.
Ultimately this will help you become a better property investor and have a better understanding of the strategies that actually help you become mortgage-free sooner.
4/29/2023 • 14 minutes, 31 seconds
4 rookie mistakes you’re making when you negotiate with a real estate agent ⎜ Ep. 1325
In this episode, we discuss the 4 rookie mistakes investors make when negotiating with a real estate agent.
This will help you when you are trying to beat the real estate agent on price and get the best deal on an investment property.
Ultimately, this will put you in a position of power, so you can be a successful property investor (or first home buyer).
For this discussion, we are joined by Micky Limmer, a real estate agent from Opes Property.
4/28/2023 • 13 minutes, 50 seconds
Sell 1, buy 2 strategy – how to grow your property portfolio faster ⎜ Ep. 1324
In this episode, we discuss the Sell 1 to Buy 2 Strategy.
This is where, in some cases, property investors can sell a property from their portfolio … and then purchase 2.
This is like taking a step back to take 2 steps forward.
We go through which property investors can use this strategy and why and how this strategy works.
Ultimately, this will help you make an informed decision about whether you need to sell a property from your portfolio.
4/27/2023 • 13 minutes, 30 seconds
5% deposit – get into your first home faster with this government programme ⎜ Ep. 1323
In this epsiode, we discuss the First Home Partner programme.
This is a government programme that allows first-home buyers to purchase a property with just a 5% deposit.
We discuss who is eligible for the programme and also how you practically apply and use it.
This lets first-home buyers get a sense of whether this could be the way to get their first house.
4/26/2023 • 14 minutes, 42 seconds
Bankrupt builders – will Scarbro's collapse cause contagion ⎜ Ep. 1322
In this episode, we discuss whether more builders and developers are about to go bankrupt.
This is based on the recent case of Scarbro, a builder located in Auckland.
The company recently folded, and some property investors are wondering whether more developers are likely to fold in the future.
We discuss the risk of 'contagion' and whether this could cause flow-on effects for other developers.
4/25/2023 • 15 minutes, 18 seconds
Mortgage approved in 3 days! How to get mortgage approved fast ⎜ Ep. 1321
In this episode, we discuss how property investors can get their mortgages approved fast. This includes a case study where an investor got their mortgage approved in just 3 days.
The key to getting your mortgage approved quickly is by having all of your documents ready to go so that you (the borrower) aren't holding the bank up.
While this might sound simple, it's a powerful way to get ahead and speed up your property investment journey.
4/24/2023 • 11 minutes, 51 seconds
Can tenants really do this?! The renovations your tenants can and can't do ⎜ Ep. 1320
In this episode, we discuss Section 42 of the Residential Tenancies Act, which now allows tenants to make 'minor changes' to the properties they're renting.
We discuss what changes tenants can make and what counts as a 'minor change', and what landlords can say no to.
We also walk through case studies where tenants have undertaken renovations ... and whether they were legal or not.
4/23/2023 • 16 minutes, 41 seconds
Case Study Sunday: $320k negatively geared – how this couple will fix it ⎜ Ep. 1319
In this episode, we discuss a case study of two investors who have a negatively geared portfolio that is losing $320k a year in cash flow.
While the investors have a sizeable portfolio, the new tax rules and high-interest rates mean that the properties are in the red.
We talk through what these investors can do to improve the cash flow of their portfolio and what they'll do to get their property portfolio right for the long term.
4/22/2023 • 14 minutes, 54 seconds
Builder battle - how to pick the right builder for your renovation ⎜ Ep. 1318
In this episode, we discuss how property investors can choose the right builder for their renovation project.
To walk us through what to do, we are joined by property investor Ilse Wolfe.
Here, Ilse shares what to look for, what questions to ask and how to create a short list of builders to look at.
Ultimately, this will help you find the right builder for your project in any market.
4/21/2023 • 16 minutes, 36 seconds
Top Kiwi property shows that'll skyrocket your investing game ⎜ Ep. 1317
In this episode, we discuss the top Kiwi property investment shows and series that teaches you about property investment and how to buy your first home.
These include shows produced by CoreLogic, Steve Goodey, Tony Alexander, Property Couch and Michael Yardney.
Ultimately this allows people to continue learning about property investment ... even if you don't feel like paying for it.
4/20/2023 • 11 minutes, 9 seconds
Property investment courses and seminars - mind-blowing value or just hot air and hype? ⎜ Ep. 1316
In this episode, we discuss whether property investment seminars offer mind-blowing value or whether they are just hot air.
This includes the pros and cons of these seminars, what they cost, and whether you can just get the same information online for free.
The seminars discussed include those produced by Tama Singh, Michael Burge, and those produced by Kenyon Clarke and Steve Goodey.
4/19/2023 • 13 minutes, 27 seconds
The bank said no … bought a house anyway – non-bank lender case studies ⎜ Ep. 1315
In this episode, we go through three case studies of investors who were turned down by the bank but who have purchased properties anyway.
We go through which non-bank lenders each investor used and what would have gone wrong if they couldn't get the money to settle the properties they were already committed to buying.
Ultimately this well help investors purchasing new builds and existing properties to renovate.
4/18/2023 • 15 minutes, 54 seconds
How did these get approved? - Worst building materials in NZ history ⎜ Ep. 1314
In this episode, we discuss the worst building materials in history.
This is so first-home buyers, homeowners and property investors can know what to look out for when going to open homes and inspecting potential property purchases.
These materials include dux quest piping, weatherside cladding, asbestos, lead-based paint and monolithic cladding.
We also go through what can go wrong if you buy a property that has some of these building materials used on or within the property.
4/17/2023 • 13 minutes, 24 seconds
"I can't afford a house" - new mortgage rules from the Reserve Bank ⎜ Ep. 1313
In this episode, we discuss the debt-to-income ratios (DTIs) that have recently been introduced by the Reserve Bank.
We discuss how the Reserve Bank has granted itself the power to bring in debt-to-income ratios at any time and the timeframe and circumstances for when and how they could be introduced.
We go through what this means for lending policy and what this could mean for the future of capital growth.
4/16/2023 • 16 minutes
Case study Sunday - the council swapped my suburb ⎜ Ep. 1312
In this episode, we discuss a case study where an investor had their "suburb swapped" by the local council.
We discuss how this happened and what it means both for the rent and the future value of the property.
Ultimately this will be beneficial for all investors, home buyers and first-home buyers who purchase properties on the border of two suburbs.
4/15/2023 • 12 minutes, 19 seconds
OCR up – are interest rates set to surge? Interest rate forecast ⎜ Ep. 1311
In this episode, we discuss whether interest rates will increase after the Reserve Bank's most recent OCR announcement.
Andrew and Ed walk through what the Reserve Bank announced in their latest press releases and what's happening with wholesale interest rates.
Ultimately property investors can use this information to decide how long to fix their interest rate for.
We also mention Andrew's weekly newsletter Private Property which you can sign up for by clicking the link.
4/14/2023 • 11 minutes, 12 seconds
9 Things That Could Go Wrong with your New Build Investment Property (And How to Fix It) ⎜ Ep. 1310
In this episode, we discuss the 9 things that could go wrong with your new build investment property – specifically while it's under construction.
You'll also learn how to fix any issues as they arise. The potential problems include:
1) what if the property drops in value during construction,
2) if the expenses on the property change,
3) if the bank won't lend you the money once the property is built,
And 6 other potential issues.
4/13/2023 • 16 minutes, 43 seconds
Should I Buy My First Home If … Setting Down Roots or Spreading Your Wings ⎜ Ep. 1309
In this episode, we discuss whether first-home buyers should bite the bullet and purchase a property if they plan to move overseas within the next couple of years.
This is based on a question asked by Ravi – an attendee at one of our recent first-home buyer events.
We walk first-home buyers through what they need to think about, including:
1) whether they will actually move overseas,
2) what your living situation will be if you move,
3) whether you'll want to come back to New Zealand, and
4) what you think the market will do over before you move overseas?
4/12/2023 • 12 minutes, 23 seconds
Bonus - The 2 to 5 property leap - How to grow your property investment portfolio - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at 'The 2 to 5 property leap- How to grow your property investment portfolio' where we looked at strategies to grow your property portfolio.
4/12/2023 • 1 hour, 33 minutes, 16 seconds
The Do's and Don'ts of Open Homes - What To Look For + What Not to Say ⎜ Ep. 1308
In this episode, we discuss the do's and don'ts of open homes. This includes what to look for and what not to say.
We give you tips on what to ask your real estate agent so you can negotiate hard and also why you don't need to worry too much about how the property is built.
Ultimately this episode will help first-home buyers, movers and property investors know what to do at an open home.
4/11/2023 • 13 minutes, 59 seconds
6 Most Common Renovation Ideas (And Whether They Actually Make You Money) ⎜ Ep. 1307
In this episode, we are joined by Ilse Wolfe to discuss the 6 most common renovation ideas that property investors have in New Zealand … and whether they actually make you any money.
We've specifically chosen renovation ideas that are not already included within the Cashflow Hacking process since we already frequently talk about these.
The ideas discussed include adding a deck to a property, double glazing the windows, landscaping, painting the exterior of the house and adding solar panels.
We also mention that if you want to get coached by Ilse on your renovation projects ... check out the Opes Accelerate Coaching programme.
4/10/2023 • 16 minutes, 2 seconds
To Buy or Not To Buy - "I Want to Wait 6 Months To See How The Market Goes" ⎜ Ep. 1306
In this episode, we discuss whether property investors should wait 6 months before they start investing in property.
We go through the cost of waiting 6 months to buy a property and how much property prices tend to change over any given 6-month period.
This helps us understand how property prices might change over time and gives you a sense of whether you should wait 6 months to invest (or not).
4/9/2023 • 16 minutes, 2 seconds
Case Study Sunday: Interest Only Loans – When Do They Make Sense for Property Investors ⎜ Ep. 1305
In this episode, we discuss a case study with Andrew Nicol about when property investors should use interest-only mortgages.
Andrew shares how a pair of investors he's been working with was a bit confused about whether they should use a principal and interest or interest-only mortgage.
Andrew shares what they decided to go for and the three key reasons why.
Ultimately this allows you, as a property investor, to decide which sort of mortgage you should use.
4/8/2023 • 14 minutes, 8 seconds
Property Investment Nightmares (And How To Fix Them) - A Guide Based on 3 Real-Life Stories ⎜ Ep. 1304
In this episode, we discuss 3 different property investment nightmares and how to fix them.
These case studies come from real posts on the Property Investors Chat Group, a popular New Zealand Facebook group.
This is to show you not only what can go wrong in property investment ... but also how to avoid these bad things happening in the first place.
We also mention that the new Opes Partners website has just gone live. Click the link to check it out.
4/7/2023 • 13 minutes, 7 seconds
Top 8 Property Lawyers in New Zealand – The Legal Eagles You Need to Know ⎜ Ep. 1303
In this episode, we go through a list of the top 8 property lawyers in New Zealand. This includes property lawyers across Auckland, Wellington and Christchurch.
This gives property investors a range of lawyers they could potentially use when investing in property.
We also share the number of deals we've worked on with each lawyer so you have the confidence that these recommendations are based on experience.
4/6/2023 • 13 minutes, 43 seconds
Airbnb Investing 101 - How to Research and Find Areas for Your Short Term Rental ⎜ Ep. 1302
In this episode, we discuss how investors can choose properties that work as short-term rentals on Airbnb and other platforms.
We talk through how to choose the right area to invest in and then how to analyse the area using AirDNA.
Ultimately this teaches property investors what numbers to look for when considering investment properties for the short-term rental market.
4/5/2023 • 15 minutes, 51 seconds
Big vs Small Developer – Does Size Matter? Pros and Cons of Each ⎜ Ep. 1301
In this episode, we discuss whether property investors should choose to purchase from a big or small developer when buying a new build property.
This includes the pros and cons of both options so investors can decide which is the best option for them.
4/4/2023 • 15 minutes, 6 seconds
5 Reasons Property Prices WON'T Turn Around This Year – Part #2 ⎜ Ep. 1300
In this episode, we follow up on yesterday's episode and share the 5 reasons why property prices won't turn around in 2023.
This includes the risk of persistent and ongoing inflation, house prices that some consider still too high, and incoming taxes that impact property investors.
Ultimately this property market update allows investors to make an informed decision about when to purchase their next investment.
4/3/2023 • 12 minutes, 46 seconds
6 Reasons Property Prices Could Turn Around This Year – Part #1 ⎜ Ep. 1299
In this episode, we discuss the 6 reasons that property prices could turn around in 2023.
These reasons include positive net migration, improving house-price-to-income ratios, rising wages, a tight labour market and improving house price momentum.
This allows property investors to consider when they should make their next investment. This episode effectively doubles as a property market update.
To keep things balanced, in tomorrow's episode, we'll talk through the 5 reasons why property prices won't turn around in 2023.
4/2/2023 • 11 minutes, 59 seconds
Case Study Sunday: $140k Passive Income in 20 Years Through Property – How This Couple Will Do It ⎜ Ep. 1298
In this episode, we are joined by Derry Brown – a property investor and financial adviser.
Here we discuss a case study of some of the investors Derry has been working with. He shares how this couple plans to build a passive income of $140k over the next 20 years.
And we also mention our My Wealth Plan software which is absolutely free to use and find out how much of a wealth gap you have.
4/1/2023 • 15 minutes, 53 seconds
Getting Money For Renovations – Review of Liberty Finance ⎜ Ep. 1297
In this episode, we review Liberty Finance and the lending products they offer for renovations-focused investors.
We go through the types of loans the non-bank lender offers and how they can be used by investors to keep investing even when the main banks say no.
This includes discussing situations where Liberty will lend to investors with as little as a 20% deposit.
This lets property investors begin their property journey with less money.
3/31/2023 • 15 minutes, 31 seconds
The Du Val Dilemma: Will Du Val Go Broke? What Property Investors Need to Know ⎜ Ep. 1296
In this episode, we discuss whether Du Val – an Auckland-based property developer – will go broke in the near future.
We detail the warnings the Financial Markets Authority has sounded about the developer's mortgage funds. We also discuss the recent news that a Du Val-related entity has gone into a court-ordered liquidation.
Finally we discuss how long their properties are taking to be built, and how that could impact the cash flow for the business.
We also mention our:
YouTube review on Du Val properties
Article review on Du Val properties
3/30/2023 • 16 minutes, 26 seconds
Borrowing Money Through Look Through Companies – What Property Investors Need to Know ⎜ Ep. 1295
In this episode, we discuss the finer details of borrowing money to invest through a look-through company.
When an investor decides to purchase a property through a look-through company (or a trust) they will often need to sign a personal guarantee.
This means that if the investor stops paying the mortgage, they are on the hook for the money they owe (rather than the trust of the look-through company.
We go through what this means and the different options property investors have to protect themselves.
3/29/2023 • 10 minutes, 21 seconds
Interest Only Loan Extensions: How To Keep Getting Interest Only On Your Investment Properties ⎜ Ep. 1294
In this episode, we discuss how an investor can continue borrowing money on interest-only for as long as possible.
This is based on the story of a Queenstown-based investor who messaged into the show and is struggling to get her mortgages approved for interest-only.
This is causing stress for her household budget as all her mortgages are currently on principal and interest.
3/28/2023 • 12 minutes, 33 seconds
How to Read a Property Management Statement – A Guide for Property Investors ⎜ Ep. 1293
In this episode, we discuss how to read a property management statement.
We go through real examples of property management statements, picking up on any anomalies within the statements.
Ultimtaely this will help property investors get a sense of what money comes in and goes out when working with a property manager.
In this episode, we discuss a set of financial projections that have been prepared and marketed by Williams Corporation.
We go through the numbers presented in these cashflows and unpack whether they are robust (or not). This includes looking at whether all the correct expenses have been included, whether the rent is correct ... and even whether the purchase price is correct.
All of this is so property investors can understand the hidden risks of accepting a developer provided cashflow.
3/26/2023 • 14 minutes, 48 seconds
Case Study Sunday: Millionaire at 26 – Simran Kaur From Girls That Invest Shares Her Property Journey ⎜ Ep. 1291
In this episode, we are joined by Simran (Sim) Kaur from Girls That Invest to discuss how she became a millionaire at 26.
We walk through her property investment journey and talk about the first home she purchased in Hamilton, and how she's renovated the property.
We also discuss her next moves in property and how she splits her investing between shares and real estate.
3/25/2023 • 19 minutes, 33 seconds
Is Mary Holm Wrong? Ed + Andrew Respond to Mary Holm's Comments in the NZ Herald ⎜ Ep. 1290
In this episode, we discuss a recent column written by Mary Holm for the New Zealand Herald. This column discusses whether a potential property investor in Auckland should buy an investment property (or not).
We go through Mary's column line by line to show whether we agree with her advice or not. Ultimately this is to show the differences between New Zealand financial commentators, including their points of agreement and disagreement.
We also mention that you can read Opes Partners Disclosure statement, which goes through the important information about how Opes Partners operates.
3/24/2023 • 21 minutes, 18 seconds
Renovation Costs: How Much Does a Renovation Cost? ⎜ Ep. 1289
In this episode, we are joined by property investor, Ilse Wolfe from Opes Accelerate, to discuss how much a renvoation costs for an investment property.
We walk through each of the Cashflow Hacking steps going through exactly what each step costs.
Ilse shares that the average renovation typically costs between $60 - $80k, and that the sweet spot is usually $65k. However, this depends on the value of the property and a number of other factors.
3/23/2023 • 16 minutes, 51 seconds
Pay Up: What To Do When Your Tenant Doesn't Pay Rent ⎜ Ep. 1288
In this episode, we discuss what property investors and landlords should do if their tenants don't pay rent.
This includes the practical steps to take (such as contacting your tenants) and the specific legal steps you need to take.
This is useful for property investors ... even if you use a property manager. This is because you need to understand the steps that your property manager will take to get the rent paid and anything they can do to remedy the situation.
3/22/2023 • 14 minutes, 20 seconds
Declined: Tenancy Tribunal Says “You Can’t Increase The Rent That Much” ⎜ Ep. 1287
In this episode, we discuss a recent Tenancy Tribunal case where the adjudicator determined that the property investor had set the rent too high.
We go through the tenant's response and how that decision to increase the rent impacted the landlord/tenant relationship.
We also discuss what the tribunal's decision really means for property investors and whether there is a limit to how much a property investor can increase the rent for their tenants.
3/21/2023 • 13 minutes, 36 seconds
What Insurance Do Property Investors Need … And When Can I Cancel It? ⎜ Ep. 1286
In this episode, we discuss the different types of insurance that property investors need.
Rather than cover the standard insurance like house insurance and landlord's insurance, we dig into life insurance, income protection insurance and mortgage protection insurance.
We go through the instances when these types of insurance would be useful to a property investor, and the point when a property investor could comfortably cancel these policies.
Ultimately this helps property investors understand the types of insurance policies they might need (and the ones that they don't).
We also mention that we are holding a First Home buyers seminar in Christchurch and a First Home buyers seminar in Auckland. It's free, click the link to register.
3/20/2023 • 16 minutes
The West Coast: A Hidden Gem for Property Investors? ⎜ Ep. 1285
In this episode, we discuss whether property investors should consider investing in the West Coast, a small region in the South Island.
We go through the reasons why property investors have historically been interested in the West Coast – namely the cheap property prices and the relatively high rental yields.
However, we go through some of the reasons that should give investors pause, such as – the declining population, the derelict state of some of the houses in the region, and the relatively low population of tenants.
Ultimately, this balanced view is so you can make up your own mind about whether investing in the West Coast is the right fit for you or not.
3/19/2023 • 17 minutes
Case Study Sunday: Blenheim Couple Creates $120k Passive Income Plan ⎜ Ep. 1284
In this episode, we discuss a case study of a couple from Blenheim who has created a plan to build a $120,000 passive income.
Andrew walks us through the story of how Aaron and Natasha were both 57 when they first met Andrew.
At the time they had already paid off their own home. They'd also put a sizeable cash deposit down on an invetment porperty that was currently under costruction.
Andrew walks us through how the couple has purchased other investment properties since then and how they are currently on track for that $120k passive income.
3/18/2023 • 14 minutes, 57 seconds
Staging Secrets – How to Sell Your Property for Way More Money ⎜ Ep. 1283
In this episode, we are joined by Carl Comber from Comber and Comber to talk about how to stage your property the right way.
Carl, also walks us through case studies of where homeowners have been able to sell their properties more quickly and for money after staging their properties.
This Stuff article also gets a mention, which discusses whether staging is a con, or a can't miss.
3/17/2023 • 19 minutes, 17 seconds
Bad Debt vs. Good Debt: Understanding the Difference in Property Investment ⎜ Ep. 1282
In this episode, we discuss the difference between good debt and bad debt.
This includes a discussion about the types of debts that will hold you back from growing your wealth – credit card debt, personal loans, car loans and AfterPays.
Whereas, we define good debt as the sort of borrowing that will drive your wealth creation forward. For instance, student loans, loans that allow you to buy investment properties and business borrowing.
3/16/2023 • 14 minutes, 9 seconds
Get Real: How To Ban Wishful Thinking and Be Realistic When Investing in Property ⎜ Ep. 1281
In this episode, we discuss how some property investors need to be more realistic when considering what they'll do in property investment.
We specifically talk through some situations that would be realistic and some other scenarios that would not be realistic for a property investor to attempt at the early stages.
3/15/2023 • 16 minutes, 9 seconds
Bonus - How To Make a 100k Through Renovations This Year - Opes Accelerate webinar audio
In this special bonus episode, you'll hear the audio from the recent Opes Accelerate webinar where we were Ilse and Dani looked at the ways that two Kiwi couples have cashflow hacked their property portfolios and and have made $100,000 through renovating their rental properties, how they did it, and where they are on their property journeys.
3/14/2023 • 1 hour, 25 minutes, 40 seconds
How Much Money Do I Need to Invest in Property? A Simple Guide for Kiwis ⎜ Ep. 1280
In this episode, we discuss how much money Kiwis need to invest in property based on a range of situations.
For this, we use the Investment Ready spreadsheet and run several case studies to give you a sense of how much income each property investor would need to purchase their next investment.
We also mention our upcoming First Home buyers seminar in Christchurch and the First Home buyers seminar in Auckland. It's free, click the link to register.
3/14/2023 • 12 minutes, 25 seconds
Growth vs Yield Properties – What's The Actual Difference? ⎜ Ep. 1279
In this episode, we discuss the difference between Growth and Yield properties.
This includes how you as a property investor can tell the difference between the two types of properties and the reason why each type of property has its own unique characteristics.
For instance, why do growth properties increase in value faster but have a lower rental yield?
And, why do yield properties increase in value more slowly, but have a stronger rental yield?
We also mention that we are holding a First Home buyers seminar in Christchurch and a First Home buyers seminar in Auckland. It's free, click the link to register.
In this episode, we go through TradeMe listings to discuss the sort of properties you should buy, as a property investor, and which ones you should stay away from.
We specifically focus on New Build investments in Christchurch and Auckland, since that's what we have the most experience in, here at Opes Partners.
Ultimately, property investors can use the information in this episode, when they are searching for properties online.
3/12/2023 • 16 minutes, 40 seconds
Case Study Sunday: Professional Rugby Player Builds Property Portfolio … Secures Passive Income ⎜ Ep. 1277
In this episode, we are joined by financial adviser, Stevie Waring, to discuss a case study of a professional rugby player, who is looking to build a property portfolio.
We go through the unique challenges of being a professional athlete, especially around how they will often be on a high income initially and then their income will often drop once they retire from their chosen sport.
This provides a short window where they can set themselves up financially while they are active in the game.
3/11/2023 • 14 minutes, 34 seconds
OCR Up (Again) – Interest Rate Predictions + Reserve Bank Press Conference Analysed ⎜ Ep. 1276
In this episode, we discuss the Reserve Bank's most recent increase in the OCR and how this will impact mortgage interest rates.
We go through our mortgage interest rate predictions and walk through the comments made by the Reserve Bank Governor and senior Reserve Bank staff at their most recent press conference.
This is to help property investors get a sense of how high interest rates will go in the next couple of years.
3/10/2023 • 16 minutes, 23 seconds
DIY Property Management: How to Self-Manage Your Investment Property ⎜ Ep. 1275
In this episode, we discuss how Kiwi property investors can self-manage their investment properties.
To be clear, this is NOT something we generally recommend on this podcast. But, because some people are dead-set on managing their own rentals – this episode gives a step-by-step guide for how to do it anyway.
This includes getting the right property management software in place, how to do background and credit checks on your tenants, and how to do your inspections.
We also mention that you can get a MyRent software demo here and MyRent background check demo here.
3/9/2023 • 11 minutes, 34 seconds
Ranked: Fastest + Easiest Councils To Get a Building Consent From ⎜ Ep. 1274
In this episode, we are joined by property investor, Ilse Wolfe from Opes Accelerate to discuss which councils are the fastest and easiest to get building consent from.
This is specifically for renovations-focused investors who are applying the Cashflow Hacking principles.
In our experience, the easiest council to get building consent from is Christchurch City Council, followed by New Plymouth District council. The worst performing council (in our experience) is Auckland Council.
3/8/2023 • 14 minutes, 7 seconds
Bonus - 3 Real Kiwi Investors Share Their Property Portfolios & Look At Their Numbers - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we were joined by 3 real Kiwi couples, who shared their property portfolios and let us look at their numbers, to show how they did it, and where they are on their property journeys.
We also mentioned our upcoming First Home seminars in Christchurch on March 29th and Auckland on March 30th if you'd like to attend just click the link to register.
3/8/2023 • 1 hour, 29 minutes, 30 seconds
"My Friend Said": Who You Should (And Shouldn't) Listen To When Investing in Property ⎜ Ep. 1273
In this episode, we discuss who you should and shouldn't listen to when investing in property. We go through the dangers of lonely listening to your friends and family, and how this well-meaning advice may not always be relevant.
This includes going through case studies and examples of when to listen to friends and family, and when to take it with a grain of salt.
You'll also learn who you should be listening to (and the answer isn't that you should just listen to us).
3/7/2023 • 13 minutes, 29 seconds
Danger: Analysis Paralysis – The Biggest Mistake Property Investors Need to Avoid ⎜ Ep. 1272
In this episode, we discuss one of the key dangers that property investors face – analysis paralysis. We talk about what analysis paralysis is and how to overcome it.
We also give case studies and examples of what would be: a) not enough analysis, b) too much analysis, and c) the right amount of analysis. This way property investors can make sure they are balancing making a good decision, with making a decision at all.
We also mention our How to buy your 1st investment property video on our YouTube channel. You can also use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
3/6/2023 • 12 minutes, 20 seconds
TradeMe Teardown: Kiwis Are Losing $$$ From These Rental Property Mistakes ⎜ Ep. 1271
In this episode, we go through TradeMe rental listings to show the key mistakes property investors are making when renting out their investment properties.
We pull up rental listings that have stuck around and not moved and show you how the marketing of the property (or the property itself) could be improved so that it rents faster.
Ultimately, this means that property investors can avoid these mistakes and rent their properties out more quickly.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
3/5/2023 • 16 minutes, 3 seconds
Case Study Sunday: Mortgage Free at 37 … on a Single Income ⎜ Ep. 1270
In this episode, we are joined by property investor and financial adviser, Kathy Faulkner to discuss a case study of two property investors she's been working with.
Kathy shows us how these two investors became mortgage-ree before the age of 40, and what they're doing now to build a property investment portfolio for their future.
Ultimately this allows you to get a sense of what you might need to do if you want the same results.
3/4/2023 • 11 minutes, 58 seconds
The Big Picture: Our Strategy for Building a Successful New Zealand Property Investment Portfolio ⎜ Ep. 1269
In this episode, we discuss what Opes Partners' strategy is. This includes what properties to buy (and when), how many properties you need to buy, and who this strategy is (and isn't) the right fit for.
This comes from a question from a recent Instagram follower who wanted a high-level overview of the property investment strategy we tend to recommend.
3/3/2023 • 10 minutes, 45 seconds
Rental Market Rollercoaster: How Long Does It Take to Find a Tenant? ⎜ Ep. 1268
In this episode, we discuss how long it takes to find a tenant in the New Zealand property market. For this, we are joined by Caitlin Blanchfield from Venture Property Management.
Here, she shares the it takes between 1 - 8 weeks to find a tenant depending on the rental market and the quality of the property.
But, on average it should take 4-5 weeks.
3/2/2023 • 15 minutes, 26 seconds
How to Choose a Good Tenant – Avoid These Top Tenant Traps⎜Ep. 1267
In this episode, we are joined by Caitlin Blanchfield from Venture Property Management to discuss how to find a good tenant.
This includes a discussion of what a 'good' and 'bad' tenant looks like, and how to spot whether a tenant will be good or bad.
Ultimately, this helps property investors get a sense of how to find the right tenant for them.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
3/1/2023 • 14 minutes, 20 seconds
Roommate Roulette - Finding the Right Flatmate for Your First Home. A Guide ⎜ Ep. 1266
In this episode, we discuss how First Home Buyers and property investors can find a flatmate to help them pay down their mortgage faster.
This includes the practicalities of how to find a flatmate, what agreements to set up, and what to do with the money you collect.
Ultimately, this helps Kiwis avoid mistakes when getting a flatmate in.
We also mention these resources:
Portfolio Planning spreadsheet
Tenancy Services Flat/House sharing agreement template
Property Academy podcast episode 1244 which covers the Mortgage Buster strategy.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/28/2023 • 13 minutes, 59 seconds
Trusts vs Look-through-company – How Should I Own My Rental Property (A Case Study) ⎜ Ep. 1265
In this episode, we compare what would happen if an investor held their properties in a trust vs a look-through company, when restructuring their debt.
This is a more advanced show where we go through the details of a rent-vestor who decides to use their investment property to help them buy their own home.
This helps property investors understand the differences between the potential ways of owning a property.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/27/2023 • 13 minutes, 23 seconds
Aftershocks and Aftermath – What Will Happen To Hawke's Bay House Prices? Lessons From Christchurch ⎜ Ep. 1264
In this episode, we discuss what will happen to the Hawke's Bay property market after Cyclone Gabrielle ravaged parts of the North Island.
For this, we look at what happened to Christchurch property prices and rents after the Canterbury earthquakes.
We specifically point out that in the 5 years after the Christchurch earthquakes, property prices rose by over 80%. At the same time, property prices in regional New Zealand only increased by 20% over the same period.
We then discuss whether the same effects might be seen in Hawke's Bay ... and how property investors can help the region in the recovery.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/26/2023 • 13 minutes, 56 seconds
Case Study Sunday – 12 Minutes to Create a $100,000 Passive Income Plan ⎜ Ep. 1263
In this episode, we challenge Andrew to create a passive income plan to help 2 investors earn a $100,000 passive income in 19 years.
In the challenge, he has to understand their situation, test their assumptions and come up with a plan for how they might invest in property.
This gives property investors the chance to see how they might create a Wealth Plan for themselves.
In addition, we mention that you can use our How Much Will I Need in Retirement calculator, to see what your passive income goal might need to be.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/25/2023 • 15 minutes, 18 seconds
When to Walk Away: 5 Times Andrew Chose NOT To Invest With a Developer ⎜ Ep. 1262
In this episode, we discuss 5 times that Andrew walked away from a developer and chose not to invest with them.
This includes times when the price was too high; when the shareholders of the company appeared dodgy; and other times when the quality of the properties just wasn't up to standard.
This helps property investors avoid making mistakes and investing with the wrong developer.
2/24/2023 • 16 minutes, 54 seconds
Airbnb Profit Potential Test: Which Properties Make the Best Short-Term Rentals? ⎜ Ep. 1261
In this episode, we are once again joined by Lexia Marshall from Hassle Free Airbnb to discuss which properties make the best Airbnbs in Christchurch.
Here, Lexia shares which properties make the most money as Airbnbs, and which properties should never become Airbnbs.
This includes a few dealbreakers that show when a property should never become an Airbnb.
2/23/2023 • 13 minutes, 55 seconds
Making Money with Airbnb: A Guide for Property Investors ⎜ Ep. 1260
In this episode, we are joined by Lexia Marshall from Hassle Free Airbnb, a large Airbnb manager in Christchurch and wider Canterbury.
Lexia takes us through how much money property investors can make by renting out their properties on Airbnb (or another short-term rental website).
This includes looking at how much more properties rent on Airbnb, the costs to budget for, and the expected cash flow property investors can expect.
2/22/2023 • 14 minutes, 15 seconds
Jargon Jungle: Most Property Investing Terms Explained (for New Investors) ⎜ Ep. 1259
In this episode, we discuss the most common property investment terms and explain what they mean (in simple terms).
This is to help new investors and new listeners of the show cut through the jargon jungle so that they can learn about property more easily.
We define terms like equity, useable equity, cashflow, negative gearing, and banking terms, like UMI (uncommitted monthly income).
We also mention that you can learn even more property investment terms in the Opes Partners Glossary of Property Investment Terms.
2/21/2023 • 11 minutes, 43 seconds
Math Behind the Money: The Numbers You Must Run For Your Investment Property ⎜ Ep. 1258
In this episode, we discuss what return on investment (ROI) means in terms of property investment.
This includes what return on investment measures, how to calculate it, and when the measure is useful – and when it's not.
We also discuss how much more money property investors can make when they purchase investments that have a high ROI.
And if you want to run the numbers and calculate the return on investment for your property, download the Opes Partners Return on Investment spreadsheet here.
2/20/2023 • 13 minutes, 4 seconds
8 Steps To Handle Higher Interest Rates ⎜ Ep. 1257
In this episode, we discuss 8 different strategies that property investors can use to handle higher interest rates.
This comes from a listener of the show, who wanted to know how to handle the cash flow when more money goes to the bank to pay interest.
The strategies discussed include: choosing the right interest rate, shopping around for cheaper interest rates, using a bank's cashback, and using a revolving credit, as well as four other strategies.
Ultimately, property investors and homeowners can use these tactics to preserve cash flow.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/19/2023 • 14 minutes, 51 seconds
Case Study Sunday: Where To Add An Extra Bedroom – Garage vs Dining Room ⎜ Ep. 1256
In this episode, we are joined by property investor, Ilse Wolfe, to discuss two different case studies. In both case studies, the property investors added additional bedrooms to their properties.
However, in the first example, the additional bedroom was added to the current internal floor plan.
In the second case study, the property investors converted a garage into 2 new bedrooms. Ilse takes us through what this costs and the pros and cons of each approach.
We also mention that you can learn more about Ilse's Opes Accelerate Coaching Programme by clicking this link.
2/18/2023 • 15 minutes, 58 seconds
Auckland Underwater: What Happens To My New Build Property? ⎜ Ep. 1255
In this episode, we discuss what happens to new build properties in Auckland that have been damaged by the floods and Cyclone Gabrielle.
Although some properties have been badly damaged through these extreme weather events, most new build properties have not been damaged.
If your property has been damaged, we go through the process of what to do, including getting a build report from your developer and engaging a building inspector before you go unconditional.
2/17/2023 • 9 minutes, 6 seconds
Selling in Slow Motion: How to Sell Your Home in a Cold Property Market ⎜ Ep. 1254
In this episode, we discuss how property investors and homeowners can still sell their properties in a slow real estate market.
This includes how to make your property attractive to buyers, how to price your property, and how to present your property for sale.
We also discuss how much you should spend on marketing and where those dollars should be spent.
2/16/2023 • 13 minutes, 51 seconds
Top 3 Property Investment Strategies: Buy & Hold vs BRRRR vs Flipping. Which is Best? ⎜ Ep. 1253
In this episode, we discuss the top 3 property investment strategies in New Zealand. This includes Passive Buy and Hold, BRRRR, and flipping.
We go through the pros and cons for each so that you, as a property investor, can choose which is the right strategy for you.
Andrew also gives us an idea of how he has used each of the strategies at different parts of his investment career.
2/15/2023 • 16 minutes
Meth Madness: Testing vs Not Testing for Meth in Your Investment Property ⎜ Ep. 1252
In this episode, we discuss whether property investors should bother testing their rental properties for meth contamination.
This is based on the 2018 report from Sir Peter Gluckman. We react to parts of the report that suggest that meth testing isn't necessary (most of the time), and the signs to look for to tell whether you should test for meth.
We also talk through previous Tenancy Tribunal cases to show whether you or the tenant need to pay to fix any damage.
We also mention that we'll be speaking at a property investment seminar – in partnership with Wolfbrook – at the Christchurch Crowne Plaza hotel. It's on Tuesday 22nd February. Click this link if you're keen to come along.
2/14/2023 • 14 minutes, 25 seconds
Must Listen: The First Home Buyers Blueprint. How to Go From a First Home Buyer to a First Time Investor ⎜ Ep. 1251
In this episode, we discuss how young Kiwis can become first-home buyers. This includes our first home buyers blueprint that comes directly from our book – Wealth Plan.
We recommend those first-home buyers start by deciding how they'll use their first home to start an investment portfolio. Will they aggressively pay down their mortgage, or will they renovate?
That will determine what sort of property they'll buy. We talk about these two options and how they work, as well as the four-step blueprint.
We also mention these articles and podcasts:
The Mortgage Buster Strategy
The Fast Five Deposit Sources first-home buyers can use
Property ExpLained (our sister podcast)
2/13/2023 • 17 minutes, 58 seconds
Best Places to Invest in NZ: Finding The Next Property Hot Spot ⎜ Ep. 1250
In this episode, we discuss where the best places to invest in New Zealand are (right now).
This includes looking at which areas are most undervalued, which areas are growing in population, and which parts of New Zealand are most affordable.
We also discuss that we see the most opportunities in Christchurch, Canterbury and Auckland in early-2022. But, that Wellington could make a comeback in the next couple of years.
We also mention you can watch the video version of this episode by subscribing to the Opes Partners YouTube channel. We release new videos every Monday and Wednesday.
2/12/2023 • 15 minutes, 2 seconds
Case Study Sunday: Selling an Investment to Pay off Your Mortgage. How Tom + Sammie Did It ⎜ Ep. 1249
In this episode, we are joined by a financial adviser, Dennis Schipper, to discuss a case study of how his clients will pay off their mortgage by selling an investment property.
We go through the detail of how their property portfolio was going to be $66,000 negatively geared. But, by selling a property and reinvesting the funds, they'll be significantly better off.
Ultimately, you can use this information to think about how you might need to change your property investment portfolio.
2/11/2023 • 13 minutes, 40 seconds
Property Hunter's Handbook: Checklist For How To Find the Right Investment Property ⎜ Ep. 1248
In this episode, we discuss the three main steps property investors should take to find a good investment property.
Step #1 – Choose your strategy … whether that's passive buy and hold, renovate and hold, or flipping.
Step #2 – find the right area to invest in. This includes looking for regions that are undervalued, have decent population growth, and a good-sized population to begin with.
Step #3 – Find the properties and run the numbers.
2/10/2023 • 11 minutes, 14 seconds
"You Can't Ask That!" – What Landlords Can No Longer Ask Tenants ⎜ Ep. 1247
In this episode, we discuss what landlords can and can't ask their prospective tenants when renting out their investment properties.
This comes after the Privacy Commissioner introduced new rules in 2022 about what property management companies can ask, and when.
Ultimately this is to help you – as a property investor – avoid mistakes, fines, and accusations of discrimination.
We also mention that we'll be speaking at a property investment seminar – in partnership with Wolfbrook – at the Chirstchurch Crowne Plaza hotel. It's on Tuesday 22nd February. Click this link if you're keen to come along.
2/9/2023 • 11 minutes, 6 seconds
Furnished vs Unfurnished – Should I Furnish My Investment Property? ⎜ Ep. 1246
In this episode, we discuss whether property investors should furnish their rental properties.
This includes a look at how much extra rent you can change, the cost to furnish a property and the expected return from renting your property with furniture.
We also talk through which types of properties can be profitably furnished ... and which ones are best rented without any furniture included.
Ultimately, this lets you as a property investor decide what the right decision is for you.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/8/2023 • 16 minutes, 29 seconds
KiwiSaver Secret Sauce: How to Use KiwiSaver to Buy Rental Properties ⎜ Ep. 1245
In this episode, we discuss how investors can use their KiwiSaver when purchasing (what will become) an investment property.
This may come as a surprise to some listeners of the show since it's widely reported that you can't use your KiwiSaver as the deposit for a rental.
However, there are some ways that canny investors can still access this money to achieve their goal of purchasing an investment. This episode shows you how.
We also mention that you can use our My Wealth Plan software to see whether you're on track for your financial goals. Click the link to use the software for free.
2/7/2023 • 9 minutes, 47 seconds
Exposed: Beware "Too Good to be True" Deals From Deceptive Developers ⎜ Ep. 1244
In this episode, we discuss how the slow property market is causing some deceptive developers to bring deals that are "too good to be true".
We specifically talk through deals from Titus Group and Investment Build NZ. We go through some of the bad things that have happened to some investors working with these types of businesses.
The key point of this discussion is that when buying a new build, the developer is just as important as the property you are buying.
We also mention that we've released a new show, the Property ExpLained podcast. In this new podcast, our in-house journalist, Laine Moger reads her articles aloud.
2/6/2023 • 14 minutes, 33 seconds
Interest Rate Rises: Why the Worst May Be Over For Property Investors ⎜ Ep. 1243
In this episode, we discuss why interest rates may not increase as much as previously feared … and why the worst may be over for property investors fearing increasingly high-interest rates.
We go through the latest inflation data to get a sense of how it might impact the Reserve Bank's decision, and why the latest inflation numbers (while high) could have been substantially worse.
We also mention you can watch the video version of this episode by subscribing to the Opes Partners YouTube channel. We release new videos every Monday and Wednesday.
2/5/2023 • 11 minutes, 42 seconds
Case Study Sunday: The 3 Factors Investors Must Look For (Cross St, Christchurch) ⎜ Ep. 1242
In this episode, we discuss a case study of a property that some of Andrew's investors have been interested in over the last few weeks.
We use this as an example of how property investors can go about analysing their potential investments.
This includes how to assess whether a property is well priced, how to create a robust pros and cons list, and how to calculate the expected returns from a property.
We also mention that you can read our full analysis on this property here – Cross Street Case Study. You can also learn more about Progressive Payment Builds through this article.
2/4/2023 • 15 minutes, 25 seconds
"Can House Prices x2 Every 10 Years?" – Debunking the Doubling Myth ⎜ Ep. 1241
In this episode, we discuss whether property prices can double every 10 years.
We talk about how fast house prices in New Zealand tend to double and how fast you should expect house prices to increase in the future.
This helps property investors get a sense of whether they should continue investing in real estate or they should start considering something else.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
2/3/2023 • 14 minutes, 38 seconds
Debate: Will NZ Super Survive the Next 20-40 Years? The Pension Puzzle ⎜ Ep. 1240
In this episode, we debate whether the NZ superannuation scheme will survive the next 20-40 years.
This includes a discussion about whether property investors should include a pension when they are putting together their financial plans for retirement.
Andrew argues that the pension system will get scrapped, whereas Ed argues it will largely stay intact.
We also go through the major changes that could be expected in the system and how they would impact property investors' plans.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
2/2/2023 • 15 minutes, 13 seconds
Flooded Out: How Property Investors Can Recover From Natural Disasters ⎜ Ep. 1239
In this episode, we discuss the Auckland floods and how property investors can work with their tenants to make sure that both sides come out happy.
This includes looking at the Residential Tenancies Act, and seeing what the legal obligations for both sides are, and how to reduce the rent appropriately (if your property is damaged).
2/1/2023 • 11 minutes, 34 seconds
Bonus - How To (Actually) Start Your Property Investment Portfolio In 2023 - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at the "How To (Actually) Start Your Property Investment Portfolio In 2023 ", what to look for in a property, the 3 main property investment strategies, what to look for in an area and how to find the right property.
1/31/2023 • 1 hour, 28 minutes, 35 seconds
"If I Could Turn Back Time": The Property Investment Mistakes Ilse Wolfe Would Avoid ⎜ Ep. 1238
In this episode, we are joined by Ilse Wolfe, a property investor, to discuss what she would do if she had a time machine. We walk through the property investment mistakes she would avoid and how she would do it over again.
This includes talking about how she would manage her money differently, the types of properties she'd invest in, and where she would invest instead.
We also go through the state of Ilse's current portfolio and the changes she's currently making to her portfolio. Ultimately, this helps you avoid the same mistakes.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
1/31/2023 • 13 minutes, 20 seconds
Converting Your Personal Home into a Rental: 7 Changes You Need to Make First ⎜ Ep. 1237
In this episode, we discuss the 7 steps property investors need to take before renting their own home.
This is because many owner-occupier homes are not ready to be turned into rentals straight away.
The gardens may need to be adapted, the walls may need to be painted, you need to have a key for every lock, and (most importantly), you must make sure the property is Healthy Homes compliant.
If property investors don't follow these steps, they could make costly mistakes or face fines from the Tenancy Tribunal.
We also mention our webinar, which is on tonight (Tuesday 31st January) at 7 pm. Join us to learn how to actually start investing in property. Click the link to register.
1/30/2023 • 10 minutes, 58 seconds
Top 8 Property Investment Trends in 2023: What Investors Need to Know ⎜ Ep. 1236
In this episode, we discuss the top 8 property investment trends that prospective landlords need to look out for.
These include when property prices will bottom out, how far house prices still have to fall, the impact of the election, when inflation will flatten ... and who is currently propping up the housing market.
Ultimately this lets you, as a property investor, get prepared for what could happen this year.
We also mention our upcoming webinar, where you'll learn how to actually start investing in property. It's on Tuesday 31st January at 7 pm. Click the link to register.
1/29/2023 • 13 minutes, 26 seconds
Case Study Sunday: Family Ties Turn into Property Investment Knots – a Cautionary Tale ⎜ Ep. 1235
In this episode, we are joined by property investor and financial adviser Stevie Waring to discuss a case study of an investor who didn't follow her advice.
The investor had a complex situation where he had done a property investment JV with a friend ... and had done a land deal with his sister.
We go through how the situation with his sister deteriorated to the point where he has potentially lost $50,000+. We go through what happened so other property investors can avoid the same mistakes.
We also mention our upcoming webinar, where you'll learn how to actually start investing in property. It's on Tuesday 31st January at 7 pm. Click the link to register.
1/28/2023 • 13 minutes, 46 seconds
Jacinda Ardern: Will her Property Investor Taxes Survive? Ed & Andrew Debate ⎜ Ep. 1234
In this episode, we discuss the upcoming election in 2023. New Zealand's political landscape changed over the last few weeks, with Jacinda Ardern stepping down as prime minister.
We talk about whether National has got the election all sewn up or whether Labour could make a comeback under its new leader – Chris Hipkins.
All of this is to get a sense of whether Jacinda Ardern's taxes on property investors will survive another year.
We also mention our upcoming webinar, where you'll learn how to actually start investing in property. It's on Tuesday 31st January at 7pm. Click the link to register.
1/27/2023 • 12 minutes, 10 seconds
Valuation Wars: How to navigate conflicting opinions on property value ⎜ Ep. 1233
In this episode, we discuss how 2 different valuers can give incredibly different valuations for similar properties.
This is based on a recent example where some of the investors we were working with at Opes Partners owned similar properties.
However, because the investors were assigned different valuers, the valuations came back with a difference of over $100,000.
We go through the reasons behind the different valuations and what you, as an investor, can do to protect yourself from a low-ball valuation.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
1/26/2023 • 16 minutes, 22 seconds
Think Like a Pro: 4 Mindset Hacks To Make Property Investment Profits ⎜ Ep. 1232
In this episode, we discuss how you can start to think like a pro-investor. This includes digging into the 4 mindset shifts that successful property investors make so they can hold on to their properties and make a significant profit.
These include:
looking at how you view the money you make,
the way you look at lower prices,
the risk you think each asset class has, and
how you think about volatility in the market.
Even for the most seasoned investors, this episode is a good reminder of the basics needed to succeed.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
1/25/2023 • 12 minutes, 33 seconds
Bonus - 3 Steps To Unlock Your Rental Cashflow In 2023 - Opes Accelerate webinar audio
In this special bonus episode, you'll hear the audio from the recent Opes Accelerate webinar where we looked at the "3 Steps To Unlock Your Rental Cashflow In 2023", what to look for in a property, and how you should calculate cashflows to guide your property investment choices and create better cashflows in your current investment properties.
1/24/2023 • 1 hour, 16 minutes
Getting Started: Wade's Journey From One Investment Property to Five ⎜ Ep. 1231
In this episode, we continue on from yesterday's show and discuss how Wade – an Ashburton lad getting started in property – can buy his first investment and eventually grow to a portfolio of 5 rental properties.
You'll hear what Wade currently owns and get a sense of whether he'll be able to purchase an investment right now.
We then go through the steps he'd need to take to get into his first rental ... and then the next 4.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
1/24/2023 • 14 minutes, 4 seconds
The Bank vs. Financial Adviser Debate: What's Best for Your Property Investment Goals? ⎜ Ep. 1230
In this episode, we discuss whether you should go to a bank or a financial adviser when trying to figure out your property investment goals.
We discuss a case study of a listener of the show – Wade – and his experience when he went into a bank at Ashburton to discuss what he should do to grow a portfolio.
We also go through the differences between working with a bank and a mortgage adviser and the differences between a mortgage adviser and a financial adviser.
We also mention that if you're looking for a good mortgage broker, you might like to check out our sister-company, Catalyst Financial. Click the link to view their website.
1/23/2023 • 12 minutes, 21 seconds
The Art of Raising Rents: 7 Proven Tactics for Property Investors ⎜ Ep. 1229
In this episode, we discuss the 7 proven tactics that property investors can use to increase the rent on their investment properties.
This is important in today's market, where high house prices, rising interest rates, and a higher cost of living mean that some property investors may struggle to keep their properties if their rent doesn't rise.
These tactics include raising the rent to the market level, including furnishings in the property, renting via Airbnb, and renting the property out over a shorter term.
We also mention that you can watch the video version of this episode by subscribing to the Opes Partners YouTube channel. Click the link to subscribe.
1/22/2023 • 16 minutes, 32 seconds
Case Study Sunday: From $0 to $120,000 Passive Income: How William and Catherine Can Do It ⎜ Ep. 1228
In this episode, we discuss a case study of two investors – William and Catherine. We go through the intimate details of their financial situations, including what they earn, how many properties they currently own and what they're worth.
You'll then get an understanding of how close they are to achieving their financial goals and what their next steps are in property.
Ultimately, that lets you compare your situation to William and Catherine's to see whether what works for them ... might work for you too.
We also mention that you can download our Return on Investment spreadsheet to create a cashflow forecast for your investment properties.
1/21/2023 • 13 minutes, 47 seconds
From Fear to Confidence: Overcoming Loss Avoidance in Property Investing ⎜ Ep. 1227
In this episode, we discuss the psychological concept of loss avoidance and how it relates to property investors in New Zealand.
We go over how many Kiwis want to build a property investment portfolio. But they're often scared to do so because they don't want to lose money.
So this episode takes you through how you can overcome loss avoidance and feel confident when investing in property.
You'll also learn the stats of how often houses go down in value and when that happens.
We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.
1/20/2023 • 14 minutes, 17 seconds
Leverage – The Concept All Property Investors Need To Know (Love Letter to Leverage) ⎜ Ep. 1226
In this episode, we discuss one of the most fundamental concepts in property investment – leverage.
This is the idea that you can use other people's money (OPM) to invest and build an asset base (and only a little of your own).
This includes a look at the three different types of leverage most Kiwi property investors use –
1) borrowing money from the bank against the property they're buying,
2) borrowing money from the bank against their own home, and
3) using the tenant's money to pay the bulk of the bank's interest costs.
1/19/2023 • 9 minutes, 41 seconds
Updated: How Much Does a Property Cost in 2023? What Should I Spend on a Property? ⎜ Ep. 1225
In this episode, we discuss how much it costs to purchase a standard investment property in New Zealand across different cities and strategies.
This means that property investors and first-home buyers can set a budget for how much they need to spend to purchase a property.
We also revisit the numbers we shared the last time we recorded this type of episode – back in April 2022. This allows you to see how the property market has changed over the last 9 months.
1/18/2023 • 13 minutes, 16 seconds
7 Strategies To Master Your Mortgage – Special Guest: Peter Norris ⎜ Ep. 1224
In this episode, we are joined by mortgage adviser – Peter Norris from Catalyst Financial to discuss the 7 strategies property investors need to know to master their mortgage.
This includes the Mortgage Buster, the Debt Destroyer, the Earn Baby Earn, and the newest strategy, "Bugger the Banks" – i.e. using a non-bank lender.
This allows property investors, first-home buyers and existing homeowners to understand what they can do to borrow more.
We also mention that you can download this ebook to learn about all of the strategies in more depth.
1/17/2023 • 13 minutes, 25 seconds
(Must Listen) – The Ultimate Guide To Buying Your First Home in 2023 ⎜ Ep. 1223
In this episode, we discuss what first-home buyers need to do when purchasing a house to live in throughout 2023.
This includes a look at how much deposit first home buyers need, how to calculate how much money they can afford to borrow, and the type of property to buy.
This is based on the information in our recently released book – Wealth Plan, which shows investors how to use property throughout their lifetime to eventually retire on real estate.
We also mention that if you want help buying your first home, check out our first home buyers service – Opes First Home.
1/16/2023 • 13 minutes, 13 seconds
Don't Follow This Advice – "The Accountant Didn't Know What He Was Doing" – with April Hastilow ⎜ Ep. 1222
In this episode, we are joined by April Hastilow, a mortgage adviser at Catalyst Financial, to discuss an example of the sort of advice property investors should not follow.
This comes from a story when April was working with a property investor who put a new build under contract. The investor then took advice from their accountant to start their own business.
In the end, this meant that the property investor's finance fell through, and they had to pay a substantially higher interest rate.
We also mention that if you want to learn more about property investment, subscribe to the Opes Partners YouTube channel.
1/15/2023 • 14 minutes, 10 seconds
Case Study Sunday – "Give Me My $12,000 Back!" How This Investor Got Their Money Back From a Financial Adviser ⎜ Ep. 1221
In this episode, we are joined by Kathy Faulkner to discuss a case study of a property investor who paid $12,000 to a financial adviser to get financial advice and access to the financial adviser's information.
But, in the end, these investors didn't see value in the information that was provided. We walk through what this investor did to get their money back and what their next steps in property investment are.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/14/2023 • 11 minutes, 12 seconds
Review: Bluestone Home Loans – Are They Any Good? ⎜ Ep. 1220
In this episode, we review Bluestone Home Loans, a non-bank lender. For this, we are joined by mortgage adviser Peter Norris from Catalyst Financial.
We talk through who Bluestone is the right and wrong fit for and how their products compare with the main banks and other non-bank lenders like Resimac.
Ultimately, this lets property investors and first-home buyers understand when Bluestone would be the right call for them.
We also mention that you can book your complimentary Portfolio Planning session by clicking the link and popping your details into the form.
1/13/2023 • 11 minutes, 39 seconds
Do I Really Need a Property Manager? The Answer May Be No ⎜ Ep. 1219
In this episode, we discuss whether Kiwi property investors really do need a property manager … because the answer may be "no".
We discuss the reasons to use a property manager and also the reasons not to use a property manager.
Ultimately, this allows property investors to make up their own minds and decide whether using a property manager is the right fit for them.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/12/2023 • 16 minutes, 14 seconds
Stop Saving For Retirement … Do This Instead ⎜ Ep. 1218
In this episode, we discuss why Kiwi investors should stop saving for retirement and what they should start doing instead.
This includes a look at the amount of money Kiwi investors would need to put away each week if they were to save $1 million.
We then compare this with the amount an investor would need to invest if choosing a different (higher risk) asset class. Ultimately, this allows investors to make an informed decision about where to park their money.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/11/2023 • 13 minutes, 5 seconds
Is [Insert Developer Name] Any Good? How To Tell If A Developer Is Any Good or Not ⎜ Ep. 1217
In this episode, we are joined by Micky Limmer from Opes Property to talk about how to tell if the developer you are working with is any good (or not).
This includes the checks you can do at home to test whether a developer will likely build you a good property on time and budget.
Andrew also walks through a couple of case studies of where a developer has seemed ok initially, but then has come out as less reputable once the red flags have started to appear.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/10/2023 • 13 minutes, 58 seconds
Till Divorce Do Us Part – When To Combine Your Financial Situation With Your Partner ⎜ Ep. 1216
In this epsiode, we discuss the exact point where two property investors should combine their financial situations. We go through why property investors need a Relationship Property Agreement (RPA) when they start getting serious in their new relationship.
And on top of this, we talk about how investors can set up their financial situation when they start investing with a partner. Ultimately this allows property investors to manage their risk and not put themselves in a bad financial situation.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/9/2023 • 14 minutes, 28 seconds
Use This Simple Trick To Beat Falling House Prices and Keep Investing – with April Hastilow ⎜ Ep. 1215
In this episode, we are joined by mortgage adviser April Hastilow from Catalyst Financial to discuss a simple trick that homeowners can use to beat falling house prices.
Specifically, this strategy is around managing your debt so that you can still borrow against your property ... even if its value has fallen.
This includes using mortgage products like a revolving credit to pay down debt while still retaining access to the money.
1/8/2023 • 10 minutes, 57 seconds
Case Study Sunday – "The Banks Won't Lend Me More Money" … How This Investor Got the Money To Invest ⎜ Ep. 1214
In this episode, we are joined by property investors, Ilse Wolfe from Opes Accelerate to discuss a case study of an investor who wasn't able to get the money from the bank to purchase an existing property to renovate.
We discuss how they used a non-bank lender product through Catalyst Financial to borrow the money, even though they didn't initially have the deposit to do it.
1/7/2023 • 12 minutes, 51 seconds
Rentvesting – How To Invest in Property While Still Renting ⎜ Ep. 1213
In this episode, we discuss how kiwi property investors can build an investment portfolio while still renting personally.
We work through the numbers to show how rentvesting impacts your ability to borrow in the future, and both the pros and the cons of this strategy.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/6/2023 • 12 minutes, 40 seconds
Are Taking Enough Risk? Not Taking Risk Can Cost You ⎜ Ep. 1212
In this episode, we discuss how property investors (and all investors) need to take some amount of risk, and that not taking risk has a cost associated with it.
We work through the numbers to show how much not taking risk costs you, and how it compares across different asset classes.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/5/2023 • 12 minutes, 44 seconds
Bottom of the Market Predictions – When Will The Bottom of the Market Hit? ⎜ Ep. 1211
In this epsiode, we discuss when the bottom of the property market will hit, how much more property prices will drop, and how quickly prices will recover.
This is based on the predictions and forecasts of the Reserve Bank, The Treasury, ANZ, and Westpac ... along with predictions from KiwiBank, Tony Alexander and Opes Partners.
Putting all these forecasts and predictions together can give us different views on the market, so we can come to a reasoned consensus of what might actually happen.
Ultimately, this allows property investors and first-home buyers to make a more informed decision about when to purchase.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/4/2023 • 9 minutes, 28 seconds
Best of the Best in 2022 – Revealed: The Suburbs That Did The Best For Property Investors ⎜ Ep. 1210
In this episode, we discuss CoreLogic's Best of the Best report, which details the top-performing suburbs across New Zealand in 2022.
This includes the suburbs that increased in value the fastest, the suburbs that decreased in value the fastest, and the most (and least) expensive suburbs across the country.
Ultimately, this helps property investors and first-home buyers understand how the property market works and how it is changing. Together, this data will help you see the principles that we talk about on the show in practice.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/3/2023 • 12 minutes, 1 second
Help! My Financial Advisers Are Saying Different Things (Conflicting Financial Advice) ⎜ Ep. 1209
In this episode, we discuss what property investors should do if they are working with two financial advisers who are saying different things.
This includes a 4-step process that investors can walk through to come to a resolution: being clear on your goals; understanding the strategy each adviser recommends; getting your advisers in the same room; and understanding each of their financial motivations.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/2/2023 • 13 minutes, 31 seconds
How Many Properties Do I Need to Look at To Get a Good Deal? ⎜ Ep. 1208
In this episode, we are joined by Micky Limmer from Opes Property to talk about how many properties investors need to look at before they can get a good deal.
This includes numbers for investors looking at new builds and existing properties too. We also discuss how the number of properties you need to look at will change based on how well you know your buying criteria ... and examples of how you can set your buying criteria to get a better hit rate.
That way, you won't have to look at so many different properties.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
1/1/2023 • 14 minutes, 28 seconds
Case Study Sunday – "Complete Disaster & Money Pit?" … Andrew + Ed Share Their View ⎜ Ep. 1207
In this episode, we discuss a case study of an investor who had worked with Propellor Property Investments to purchase a property. The investor then became worried that her property would be a "complete disaster & money pit".
Andrew walks through how he helped the investor figure out whether she should hold or sell the property. He also talks through the return on investment and cashflow for the property.
We also mention that you can book a complimentary Portfolio Planning session through this link.
12/31/2022 • 13 minutes, 6 seconds
How To Set Insanely Achievable Goals in 2023 (3 Steps) ⎜ Ep. 1206
In this episode, we discuss the 3-step process property investors should use to set achievable goals. This includes deciding what you want, how much of it you want and when you want it by.
We go through case studies and examples, so you can see how this framework can be used in practice.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/30/2022 • 8 minutes, 51 seconds
Today Is The Day – Smash Your Property Goals in 2023 ⎜ Ep. 1205
In this episode, we discuss how property investors and first-home buyers can set actionable goals and then achieve them in 2023.
This includes discussing how to stay motivated, so that you keep moving towards your goals.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/29/2022 • 10 minutes, 1 second
Top 10 Opportunities in 2023 for Kiwi Property Investors ⎜ Ep. 1204
In this episode, we discuss the top 10 property investment opportunities available in 2023. This includes opportunities for property investors, developers, first-home buyers, and anyone looking to stay engaged with the New Zealand property market throughout 2023.
These opportunities include: developers picking up deals from other investors cheaply, renovations-focussed investors picking up properties before the election, and first-home buyers taking advantage of a quieter market with more choices.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/28/2022 • 16 minutes, 9 seconds
No-Skill Renovations – How To Renovate Without Doing The Grunt Work + Opes 360 ⎜ Ep. 1203
In this episode, we discuss how property investors can renovate properties without doing a lot of the grunt work. That means not having to pick up a hammer … or having to put on old clothes before lathering up a paintbrush.
For this, we are joined by Ilse Wolfe from Opes Accelerate, who also announces her new service – Opes 360, where Ilse's team will project manage a renovation for you.
That means property investors can Cashflow Hack the properties they already own without needing to be actively involved themselves.
12/27/2022 • 15 minutes, 26 seconds
Learn How To Renovate – What To Learn & How to Learn It ⎜ Ep. 1202
In this episode, we are joined by Ilse Wolfe from Opes Accelerate to discuss how Kiwi property investors can learn how to renovate properties … the right way.
This includes what property investors need to learn and the content to read, watch and listen to so they can learn these skills. Ilse also shares how she learned to renovate properties over 13 years of renovation experience.
We also mention that if you want some help learning how to renovate, you can always check out the Opes Accelerate property coaching programme.
12/26/2022 • 15 minutes, 9 seconds
Leaked: The Properties Andrew Bought in 2022 – Exact Numbers ⎜ Ep. 1201
In this episode, we share the properties that Andrew Nicol bought in 2022. This includes the properties he signed a contract to buy … and the ones he settled.
Andrew talks us through the types of properties he is buying right now and the reasons why he's pursuing this specific strategy.
He then takes us through the numbers, including the purchase price, cash flow and expected return on investment. Ultimately this allows property investors and first home buyers to copy the same strategy ... if they think it's going to work for them.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/25/2022 • 14 minutes, 28 seconds
Case Study Sunday – Single Mum Invests in Property … Prepares For Retirement ⎜ Ep. 1200
In this episode, we are joined by property investor, Toby Pascoe to discuss a case study of a single mum from the Hawke's Bay who is investing in property to secure her retirement.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/24/2022 • 10 minutes, 17 seconds
Christmas Special: All I Want For Christmas Is … ⎜ Ep. 1199
This special Christmas episode discusses what Ed and Andrew want Santa to bring them over the next year in the property market. We also review what the pair asked for last year … and whether they got it.
Ultimately, this is a lighthearted look at what could be in store for property investors, home buyers and first-home buyers in 2023.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/23/2022 • 9 minutes, 54 seconds
Get Around the Interest Deductibility Taxes – Recap ⎜ Ep. 1198
In this episode, we recap the government's new interest deductibility rules that have some property investors paying tax as if they don't have a mortgage … even though they still have a mortgage to pay.
This includes looking at how investors can adapt their properties to make them 'New Builds' under the new tax rules, which come with significant tax benefits.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/22/2022 • 11 minutes, 44 seconds
Can't Find a Tenant! Is There an Oversupply of Rentals? ⎜ Ep. 1197
In this episode, we discuss whether it is harder to find a tenant at the moment … and whether there is an oversupply of rental properties in New Zealand.
This comes from a listener of the show who is struggling to find a tenant for their rental property right now in the Auckland property market.
We also mention how the rental market is cyclical and that throughout the year, there are periods where it is more difficult to find a tenant compared to the rest of the year.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/21/2022 • 13 minutes, 34 seconds
Biased! Are Mortgage Brokers Biased & Are They Worth It? ⎜ Ep. 1196
In this episode, we discuss whether mortgage brokers are biased … and if they're any good. This comes from a recent Stuff article, which suggested that mortgage brokers unfairly increase interest rates for all borrowers across the country.
We also reveal how much mortgage brokers earn per deal and whether they are incentivised to recommend borrowers go with lenders who pay the highest commissions.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/20/2022 • 15 minutes, 9 seconds
How to Recession-Proof Your Property Portfolio (6 Strategies) ⎜ Ep. 1195
In this episode, we discuss how property investors can recession-proof their portfolios. This includes a look at what the potential recession in 2023 could look like, how deep it will be, and how many people could be impacted.
We also introduce 6 strategies that property investors can use to protect themselves, including revolving credits, increasing their pay, securing their jobs, raising rents, restructuring debts and preparing to take advantage of good deals.
We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
12/19/2022 • 13 minutes, 52 seconds
John Key's Property Predictions – What the ANZ Chairman Thinks Will Happen ⎜ Ep. 1194
In this episode, we discuss John Key's property market predictions. These come from a recent webinar held with Sir John Key with property developer Stonewood Key.
This includes Sir John's views on interest rates, unemployment, whether property prices will continue to increase over the long term, and how the properties that New Zealanders buy will change.
This allows property investors and first-home buyers to understand what the property market may do over the next 1-10 years.
12/18/2022 • 13 minutes, 35 seconds
Case Study Sunday – Flipping Houses on a $48k a Salary with Hollie McLachlan ⎜ Ep. 1193
In this episode, we are joined by Hollie McLachlan to discuss how she flipped a house while earning just $48k a year as her main salary.
Hollie shows us how property investors can get their start doing flips while still holding down a full-time job and doing it while servicing is tight.
We also mention that you can use the public version of our My Wealth Plan software to see what your retirement is going to look like. Click the link to use the software for free.
12/17/2022 • 15 minutes, 1 second
Rising Interest Rates – Should I Break My Mortgage Before Rates Go Up? ⎜ Ep. 1192
In this episode, we discuss whether property investors and home owners should break their fixed mortgage interest rate before rates go up further.
We break down the numbers and discuss how to know whether you'll save money or end up spending even more money if you break your mortgage.
We also mention that you can use the public version of our My Wealth Plan software to calculate the size of your Wealth Gap and see whether you're on track for a comfortable retirement.
12/16/2022 • 9 minutes, 27 seconds
"My Wife and I are Splitting Up – How Do We Value the House?" ⎜ Ep. 1191
In this episode, we discuss how to determine the fair value of a house when you are getting a divorce. We run through the numbers and talk about the different ways that a house can be valued.
This includes a discussion on whether property investors and first home buyers should use a registered valuer or a real estate agent to determine the value.
We also discuss that you can use the public version of our My Wealth Plan software, to see what your Wealth Gap is, and how on track you are for a comfortable retirement.
12/15/2022 • 10 minutes, 33 seconds
Are Banks Making Bank? How Much Banks Are Really Making Through Higher Interest Rates ⎜ Ep. 1190
In this episode, we discuss whether banks really are making enormous profits from higher interest rates, and whether property investors and first home buyers are paying too much in interest costs.
This includes a look at how banks set interest rates and the net interest margin that each bank makes when lending out money for residential property. We also take a look at the composition of each bank's funding.
We also mention that we have just released our My Wealth Plan software, which you can use to see whether you are on track for retirement.
12/14/2022 • 10 minutes, 14 seconds
Long Term Interest Rates – Where Will Interest Rates Go In The Long Term? ⎜ Ep. 1189
In this episode, we discuss where interest rates are going to go over the long term. This allows first home buyers and property investors to project what their cashflows may do over the long run.
We specifically go through data points like the long term neutral interest rate and what interest rates have done (on average) over the last 10 years.
12/13/2022 • 9 minutes, 24 seconds
Selling Old Properties To Buy New Builds – Is It a Good or Bad Idea? ⎜ Ep. 1188
In this episode, we discuss whether it is a good idea for property investors to sell their existing properties to buy new builds.
This comes after the government introduced new taxes that mean that investors holding existing properties will be significantly more to the IRD.
We talk through when this is a good or bad idea, and also the three checks you need to go through before selling.
12/12/2022 • 11 minutes, 32 seconds
Property Market Downturn – How Far Through The Downturn Are We? ⎜ Ep. 1187
In this episode, we discuss how far through the housing market downturn the New Zealand property market currently is.
This allows property investors and first home buyers the chance to decide whether it is the right time for them to engage with the housing market or not.
We also mention that you can get the latest property market insights by signing up to our weekly newsletter – Private Property newsletter sign-up.
You can also see all the graphs mentioned in this episode here.
12/11/2022 • 12 minutes, 37 seconds
Case Study Sunday – Retiring Early on $200k a Year ... How Mike and Sarah Plan To Do It ⎜ Ep. 1186
In this episode, we discuss a case study of a real Kiwi couple who are investing in property so that they can retire early and spend $200k a year using the Nest Egg strategy.
We go through how Mike and Sarah ended up in the position where this is an option for them, how many properties they own, and when they started.
Ultimately this allows you to understand what you'd need to do to getin the same position.
12/10/2022 • 15 minutes, 14 seconds
What Would Make the Property Market Turn Around? ⎜ Ep. 1185
In this episode, we discuss the factors that would make the property market turn around, including a reversal in the interest deductibility rules; a change in the LVR restrictions and a belief that interest rates are coming down.
We go through how this would change property investors' cashflows and their ability to borrow.
12/9/2022 • 14 minutes, 44 seconds
Talking To Your Parents About Retirement ... The Game Plan ⎜ Ep. 1184
In this episode, we discuss how property investors can talk to their parents (and other family members) about their retirement.
We talk about when to bring it up and the types of questions to ask your family when trying to talk to them about their financial future.
We also mention that you might like to use our My Wealth Plan software to calculate their exact Wealth Gap.
12/8/2022 • 10 minutes, 31 seconds
Bad News is Good News ... Why Scary News Headlines Are Good (Right Now) ⎜ Ep. 1183
In this episode, we discuss how bad economics news and scary news headlines are exactly what New Zealand needs (right now).
Inflation is too high and the Reserve Bank needs to get all Kiwis to spend less so that prices stop rising so quickly. So it is a good thing if bad news headlines scare us into spending less.
That will decrease demand in the economy, bringing it back inline with supply, which will then help keep prices in check.
So as property investors and first home buyers, we should be aware that scary headlines and bad news is exactly what the country needs to eventually bring interest rates down.
12/7/2022 • 12 minutes, 6 seconds
Bonus - Property Investment Cashflows in 2023 – What To Expect - Webinar audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at the "Property Investment Cashflows in 2023 – What To Expect", what to look for in a property, and how you should calculate cashflows to guide your property investment choices and create wealth in 2023 and for your financial future.
12/6/2022 • 1 hour, 21 minutes, 9 seconds
Timing The Market – Which Data Should I Look At? ⎜ Ep. 1182
In this episode, we discuss which data property investors, first home buyers and other home owners should look at if they are trying to time their purchase of an investment property perfectly.
This includes a discussion of the data produced by both Tony Alexander, the Real Estate Institute of New Zealand (REINZ) and Core Logic.
12/6/2022 • 14 minutes, 4 seconds
"Don't Invest in Property. Just Don't" – Arguing with Uncle Lester ⎜ Ep. 1181
In this episode, we discuss how property investors (and those interested in property) should ho about debating with people who take a more pessimistic view.
This comes after one Facebook user left a lengthy comment on one of our Facebook ads detailing why people shouldn't invest in property.
We use this as a case study of how you can use facts and data to respond to emotional comments from people who take a negative view of investment properties.
12/5/2022 • 14 minutes, 59 seconds
Buying a House vs Investing in Shares ... Are You Better Off Renting? ⎜ Ep. 1180
In this episode, we discuss a recent news story that claimed that investing in KiwiSaver would provide better returns than first-home buyers purchasing a property.
We go through the modelling to see whether that news article was correct, and you can double-check our modelling and our assumptions using this modelling spreadsheet here.
12/4/2022 • 14 minutes, 4 seconds
Case Study Sunday – "Can We Retire in 8 Years with a $150k Passive Income?" ⎜ Ep. 1179
In this episode, we discuss the case study of Aaron and Sue who want to retire in 8 years and spend $150k a year.
We look at their current portfolio, their situation and consider what options they have to achieve their goals ... and if not, what they should do instead.
12/3/2022 • 14 minutes, 35 seconds
What Happens if My Property Management Company is Sold?⎜Ep. 1178
In this episode, we discuss what happens if the property manager you're using is sold.
This happens frequently in the property investment industry, so we walk you through the questions that you as a property investor should ask when this happens.
We also mention that you can vote for the Property Academy Podcast as part of the NZ Podcast Awards Listener's Choice award. Click the link to vote.
12/2/2022 • 11 minutes, 12 seconds
New House Price Forecast – How the OCR Impacts House Prices ... Latest Data ⎜ Ep. 1177
In this episode, we discuss the Reserve Bank's most recent house price forecast, and how interest rates will impact New Zealand real estate prices.
This includes diving into how this house price forecast compares to the previous predictions put out by the country's central bank and whether this impacts our own prediction for the housing market.
We also mention that you can vote for the Property Academy Podcast at the NZ Podcast Awards Listener's Choice. Click the link to vote.
12/1/2022 • 14 minutes, 44 seconds
Interest Rates – OCR Up ... What It Means For Your Mortgage ⎜ Ep. 1176
In this episode, we discuss the Reserve Banks' most recent change to the OCR and how this will impact mortgage interest rates.
We play clips from the most recent Monetary Policy Statement to get a sense of how high mortgage interest rates may go.
We also mention that =we could use your vote for the NZ Podcast Awards Listener's Choice award. Click the link to nominate the Property Academy Podcast.
11/30/2022 • 15 minutes, 18 seconds
Bonus - Deal or No Deal in 2023 - Opes Accelerate - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Accelerate webinar where we looked at the "Deal or No Deal in 2023 - How to find a BRRRR deal in 2023", the strategies and practices that Opes Accelerate teach, and how to use the 'Cashflow Hacking' steps to plan and create wealth in 2023 for your financial future.
11/29/2022 • 1 hour, 26 minutes, 48 seconds
What If I Bought at the Peak of the Market Last Year? Cash Flow Examples ⎜ Ep. 1175
In this episode, we discuss what property investors should do if they bought at the peak of the market in 2021.
This includes a look at the reasons you may have bought back then – together with house price projections from the Reserve bank and The Treasury that were released at the same time.
In addition to the cashflow projections, we also go through the 7 Strategies to Manage Your Investment Property Top-Up and the 4 Ways to Get out of Your New Build Contract.
11/29/2022 • 16 minutes, 1 second
Is This Unethical? ... Should I Admit This To The Real Estate Agent? ⎜ Ep. 1174
In this episode, we discuss whether home buyers should let real estate agents know if they are looking at purchasing other properties.
We go through an example from a listener of the show – Rose – to determine what the most ethical (and business-like) decision is.
This is so first home buyers and property investors know the right way to work with agents and other property professionals.
11/28/2022 • 10 minutes, 32 seconds
Data Day ... Have We Hit The Bottom Of The Market? What the Data Says ⎜ Ep. 1173
In this episode, we discuss the most recent market data to see how the market is working today.
Their includes a look at the Real Estate Institute of New Zealand data, which shows that the property market appreciated in October 2022.
We go through whether this means that the market has turned (or not), and how property investors and first home buyers should interpret this.
We also mention that you really should subscribe to the Opes Partners YouTube channel. We release new videos every Monday and Wednesday.
11/27/2022 • 15 minutes, 51 seconds
Case Study Sunday – Bought $75k Under Value ... How This First Home Buyer Did It ⎜ Ep. 1172
In this episode, we discuss how this first home buyer bought their first property for $75,000 under its value.
This includes a look at the process for how they found the property, and what they needed to do to get it under contract.
We also discuss our upcoming Opes First Home live seminars, which are happening in early December. Click the link to register for your free ticket.
11/26/2022 • 11 minutes, 40 seconds
The Deal Revisited – How Have The Properties Done? ⎜ Ep. 1171
In this episode, we revisit all of the projects that were featured on The Deal – NZ's first reality TV-style show – which we released in early 2021.
This is to let property investors and first-home buyers know and how the properties have gone for all the investors who did purchase these developments.
We also mention that if you want to watch The Deal, click this link to watch the whole series. And subscribe to the Opes Partners YouTube channel to make sure you see all our future videos.
11/25/2022 • 13 minutes, 6 seconds
How Do Ed and Andrew Make Money? ... How Opes Works ⎜ Ep. 1170
In this episode, we discuss exactly how Ed and Andrew make money. This is to make it transparent exactly how Opes Partners works so that first home buyers and property investors can see exactly how the company works.
This includes all of the different companies that are a part of the Opes Group, as well as exactly how Opes Partners gets paid by developers.
11/24/2022 • 10 minutes, 56 seconds
Lawyer Horror Stories – What Can Go Wrong With Your Property Lawyer ⎜ Ep. 1169
In this episode, we discuss several lawyer horror stories that demonstrate what property investors and first home buyers need to be aware of when they use a property lawyer.
Specifically, we discuss one case study of an investor who used a lawyer-friend to help them during due diligence ... and then got charged $6k for the privilege.
11/23/2022 • 15 minutes, 37 seconds
Renovating so You Can Borrow More – Does It Work? ⎜ Ep. 1168
In this episode, we discuss whether renovating your property really does increase the amount you can borrow from the bank.
We run the numbers so that property investors and first home buyers can understand how the bank's assess whether you can borrow more money (or not).
11/22/2022 • 13 minutes, 9 seconds
"I Was $16.5k In Debt" – Ed's Biggest Money Mistakes ⎜ Ep. 1167
In this episode, we discuss Ed's biggest money mistakes and what he's learnt from them. This includes when he was in significant credit card debt and the story of how he got into it.
We also discuss the actions you can take so that you don't fall into the same money traps as Ed did.
11/21/2022 • 17 minutes, 40 seconds
This Downturn vs the 2008 Property Market Downturn ⎜ Ep. 1166
In this episode, we compare the 2022 property market downturn in New Zealand with the property market downturn from 2008.
This gives property investors and first home buyers a sense of where the market may go over the next 12 months.
11/20/2022 • 13 minutes, 47 seconds
Case Study Sunday – Joy and Manuel's Journey To Dive Right Into Retirement ⎜ Ep. 1165
In this episode, we discuss the case study of Joy and Manuel – a pair of property investors who want to retire early and live life on their terms.
We go through how many properties they currently have, and the number of assets they'll need to acquire to achieve their ambitions.
11/19/2022 • 11 minutes, 47 seconds
Who Should and Who Shouldn't be Investing in Today's Market ⎜ Ep. 1164
In this episode, we discuss who should and shouldn't be investing in today's property market. This includes a look at the cash flow for an investment property, and what price you might pay.
This is based on an email that we received from one of the readers of our Private Property newsletter.
11/18/2022 • 9 minutes, 46 seconds
How To Calculate Your Wealth Gap ... Exact Steps ⎜ Ep. 1163
In this episode, we discuss how to calculate the exact size of your wealth gap, including how you can use our soon-to-be-released My Wealth plan software.
The boys got a bit ahead of themselves, and we found a wee bug in our software, which has pushed out the launch date by a week or two, but we'll reannounce it, once it's ready for you.
In the meantime, you can use our cost of living calculator to see what your current lifestyle costs.
11/17/2022 • 13 minutes, 11 seconds
Reviewed: Last Year's Predictions – What We Got Right + Wrong ⎜ Ep. 1162
In this episode, we discuss the property investment predictions that we made at the end of 2021 for what would happen in 2022.
We go through everything from house price movements, through to immigration and rental market movements. This allows you to see whether our predictions are worth the paper they're written on.
11/16/2022 • 12 minutes, 3 seconds
"I Grew Up Poor ... Now I Own 25+ Rental Properties" – Andrew's Property Journey ⎜ Ep. 1161
In this episode, Andrew shares his property journey with us, from growing up in a blue-collar part of Christchurch, to owning over 25 rental properties.
He walks us through what property investors need to know and how he manages to work with the bank to continue buying more and more rental properties.
11/15/2022 • 12 minutes, 8 seconds
GST – What Property Investors Need To Know ⎜ Ep. 1160
In this episode, we discuss what property investors need to know about GST when buying, selling and renting their properties.
To do this we are joined by property tax accountant, Matthew Harris from Momentum Property.
This includes looking at how some investors are making 6-figures in profit by using GST in property trades.
11/14/2022 • 15 minutes, 40 seconds
Why Isn't Queenstown Dropping in Price? Is Queenstown a Good Place to Invest? ⎜ Ep. 1159
In this episode, we discuss why property prices in the Queenstown-Lakes district aren't decreasing as quickly as the rest of the country. We also go through historical data to see whether Queenstown has previously weathered property market downturns better than other parts of the country.
We also go through the details to discuss whether that shows whether the Queenstown property market is a good place to invest right now.
11/13/2022 • 12 minutes, 57 seconds
Case Study Sunday – 2 to 6 Bedroom Conversion with Ilse Wolfe⎜Ep. 1158
In this episode, we are joined by property investor, Ilse Wolfe to discuss a case study of an investor who converted their property from a 2-bedroom property to a 6-bedroom property.
We go through the details of how they did, and where they put all of these extra bedrooms. You'll also hear what the rent increased to, how much they spent and what the property is now worth.
We also mention our upcoming Opes Accelerate webinar, whee you'll learn how to spot whether a property is a good deal (or not). It's on Tuesday 29th November. Click the link to register.
11/12/2022 • 12 minutes, 4 seconds
Keeping Your Tenants When Installing a Minor Dwelling ⎜ Ep. 1157
In this episode, we discuss a case study of an investor who wants to keep their tenants in a rental property, while installing a minor dwelling on the back.
We go through what the investor needs to think about, and what they should do to the tenancy agreement to protect themselves throughout the build process.
11/11/2022 • 13 minutes, 33 seconds
Top 8 Questions to Ask Your Power Team Before Going Unconditional ⎜ Ep. 1156
In this episode, we discuss the 8 questions that property investors should ask their power team before going unconditional on a property.
And to do this we are joined by Ilse Wolfe from Opes Accelerate to go through what you need to ask, who to ask it to, and why it's important.
We also mention our upcoming Opes Accelerate webinar, where you'll learn how to spot whether a property is a deal (or not). It's on Tuesday 29th November at 7pm. Click the link to register.
11/10/2022 • 14 minutes, 19 seconds
How to Add Value To Your Property By Changing the Flooring ⎜ Ep. 1155
In this episode, we are joined by property investor, Ilse Wolfe to discuss how to add value to your property by changing the flooring.
This includes how much it costs to recarpet a house and how to save many when revamping the flooring. We also discuss the practical things that property investors need to keep in mind.
We round out the show by mentioning our upcoming renovations-focused webinar. It's on Tuesday 29th November at 7pm. Click the link to register.
11/9/2022 • 12 minutes, 53 seconds
Bonus - Property Market Update ... What's Going To Happen In 2023 - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at the "Property Market Update ... What's Going To Happen In 2023", the strategies and practices from our just released book 'Wealth Plan', and how to use investment property to plan and create wealth in 2023 for your financial future.
11/8/2022 • 1 hour, 22 minutes, 17 seconds
Nest Egg Strategy Deep Dive – How To Use Property To Sort Your Retirement ⎜ Ep. 1154
In this episode, we discuss how to use the Nest Egg strategy to fund your retirement. This includes a case study into how one investor will top up his retirement income by $50k a year with only 2 properties.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
11/8/2022 • 11 minutes, 26 seconds
Property vs Term Deposits vs Funds For Passive Income (Golden Goose Strategy) ⎜ Ep. 1153
In this episode, we discuss why property investors would use high-yielding investment properties to build a passive income instead of term deposits or a conservative fund.
This includes a look at the tax implications and a look at how investors are able to inflation-proof both their assets and their incomes via the different investment alternatives.
We also mention our upcoming webinar, where you'll get our predictions and forecasts for both house prices and interest rates in 2023. It's on Tuesday 8th November at 7pm. Click the link to register.
11/7/2022 • 13 minutes, 9 seconds
Cashflow In Today's Market – What Should My Property Investment Cashflow Be? ⎜ Ep. 1152
In this episode, we discuss what a good property investment cashflow looks like in today's market in the midst of higher interest rates and lower house prices.
This includes several before and after comparisons, looking at what the cashflow for each property is likely to be based on interest rate assumptions over time.
We also mention our upcoming webinar, where you'll get our predictions and forecasts for both house prices and interest rates in 2023. It's on Tuesday 8th November at 7pm. Click the link to register.
11/6/2022 • 14 minutes, 20 seconds
Case Study Sunday – Investing Horror Story ... "Then The Bank Said No" ⎜ Ep. 1151
In this episode, we are joined by mortgage adviser Michelle Kinilau to discuss a case study of an investor who put a property under contract and didn't set up her lending the right way.
We go through what the investor did wrong, and what you can do to avoid the same mistake. Then we walked through what the solution is, and how this investor will still be able to settle on the property.
We also mention our upcoming webinar, where you'll get our predictions and forecasts for both house prices and interest rates in 2023. It's on Tuesday 8th November at 7pm. Click the link to register.
11/5/2022 • 14 minutes, 10 seconds
You're not ready to invest if ... 6 Signs That Show You're Not Ready To Invest ⎜ Ep. 1150
In this episode, we discuss the 6 signs that show you're not ready to invest. This means that if you aren't ready just yet, you'll know what you need to do to get ready to invest.
We also mention both our Mortgage Playbook and our Investor Ready spreadsheet. You can download both for free here.
We also mention our upcoming webinar, where you'll get our predictions and forecasts for both house prices and interest rates in 2023. It's on Tuesday 8th November at 7pm. Click the link to register.
11/4/2022 • 14 minutes, 39 seconds
Is This The Next Big Property Investment Opportunity? Retirement Housing For Baby Boomers ⎜ Ep. 1149
In this episode, we discuss whether housing for retirees is the next big property investment and development opportunity.
We go through the population stats to show how the demographic make up of the country is changing, and also the specific needs the elderly have for their properties.
We also mention our upcoming webinar, where you'll get our predictions and forecasts for both house prices and interest rates in 2023. It's on Tuesday 8th November at 7pm. Click the link to register.
11/3/2022 • 12 minutes, 24 seconds
How Inflation Impacts Property Investors – Pros and Cons ⎜ Ep. 1148
In this episode, we discuss what property investors need to know about inflation ... how it works, and both the pros and the cons for property investors.
This includes a look at higher interest rates, and how some Kiwis are deciding to invest in property as a way to combat inflation.
We also mention our upcoming webinar, where you'll hear our predictions and forecasts for both interest rates and house prices in 2022. It's on Tuesday 8th November at 7pm. Click the link to register.
11/2/2022 • 13 minutes, 10 seconds
Cabins – Increase Cashflow On Your Property Using a Cabin + Sleep Out ⎜Ep. 1147
In this episode, we discuss what property investors need to know about how to use a cabin or sleep out in order to increase cashflow for their rental properties.
This cabin a look at the council rules and whether you can fit a cabin within the back yard of your rental property. We also look at the rental returns associated with a property.
You can pre-order your copy of Wealth Plan by clicking this link.
11/1/2022 • 13 minutes, 23 seconds
How Fast Will House Prices Go Up In Future? The 10 Drivers of House Prices Explained ⎜ Ep. 1146
In this episode, we discuss how quickly house prices will increase in the future based on analysis from The Treasury and the Reserve Bank.
We also look at the 10 drives of house prices and how each of these are expected to change over time.
We also mention that you can pre-order your copy of Wealth Plan by clicking this link.
10/31/2022 • 13 minutes, 7 seconds
How To Handle Higher Interest Rates ... 4 Strategies to Manage Your Cashflow ⎜ Ep. 1145
In this episode, we discuss 4 strategies that property investors can use to help manage their property's cashflow while interest rates are high.
We also mention that you can download the Opes Partners ROI spreadsheet for free. You can also download the Handling Higher Interest Rates spreadsheet to see how much cashflow you could free up using these strategies.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/30/2022 • 15 minutes, 46 seconds
Case Study Sunday – "The Other Broker Said No." Getting The Bank To Say Yes – Peter Norris ⎜ Ep. 1144
In this episode, we are joined by mortgage broker and financial adviser, Peter Norris to discuss a case study where he was able to get the bank to say yes ... even though 2 other brokers couldn't.
We go through the numbers and the scenario so you can see what's possible when you apply for money ... the right way.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/29/2022 • 11 minutes, 59 seconds
Live Talk Back: Your Questions Answered Live on The Show ... How To Get Started In Property Investment ⎜ Ep. 1143
In this episode, we answer real property investors' questions live on the show. This means calling up you guys listening to the show to discuss property in real time over the phone.
Want your question answered live on the podcast with Ed and Andrew? Submit your question here through the Property Academy Radio Talkback form.
10/28/2022 • 16 minutes, 58 seconds
The Golden Goose Strategy – Exact Steps To Build a Passive Income Through Property ⎜ Ep. 1142
In this episode, we discuss the Golden Goose strategy, which is the ultimate way that property investors can build a passive income through real estate.
This includes a case study of someone who is in the position to take this strategy, and the exact steps they should take.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/27/2022 • 14 minutes, 1 second
7 Reasons Property Investors Get Cold Feet (And How To Handle Them) ⎜ Ep. 1141
In this episode, we discuss the 7 reasons that property investors get cold feet and the ways to manage them.
That's because to be a successful investor, you don't just have to master facts and logic. You also need to manage your emotions so you can make the most informed property investment decision.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/26/2022 • 16 minutes, 30 seconds
New Data: Where Are The Highest Rental Returns? Big Cities vs Small Towns ⎜ Ep. 1140
In this episode, we go through new CoreLogic data to show where the highest rental returns in New Zealand are.
We also go through some important considerations if you are ging to invest in the areas with the seemingly highest retal returns.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/25/2022 • 12 minutes, 55 seconds
Listener Question – How Much Debt Should I Use To Buy an Investment Property ⎜ Ep. 1139
In this episode, we discuss how much debt property investors should use when purchasing an investment property.
This includes the amount of debt to use based on where you are within your property investment journey.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/24/2022 • 12 minutes, 10 seconds
House Prices Bottoming Out? The Endgame For The Property Market Downturn ⎜ Ep. 1138
In this episode, we discuss whether the property market is about to bottom out and examine the evidence that prices will soon hit their lowest point.
This allows property investors and first home buyers decide whether now is the time to buy.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/23/2022 • 12 minutes, 46 seconds
Case Study Sunday – Single Mum Invested In 4 Properties, Now Has $79k Passive Income. Complete Wealth Plan ⎜ Ep. 1137
In this episode, we discuss a case study of a property investor who finished her wealth plan, retired at 65 and now lives on a passive income of $79k from her properties alone.
We talk through the details of what she invested in, where and what she paid. We also walk through what her life now looks like.
If you want to walk through the same Wealth Planning process, book a complimentary Portfolio Planning session. You can also pre-order your copy of Wealth Plan by clicking this link.
10/22/2022 • 12 minutes, 8 seconds
MUST LISTEN: The Future of Housing in New Zealand. What Buyers Really Care About ⎜ Ep. 1136
In this episode, we discuss Nadine Dodge's doctoral thesis into the changing preferences Kiwi's have when it comes to housing.
This includes a deep dive into what New Zealanders really care about when it comes to buying a house and what property investors and first home buyers need to know.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/21/2022 • 11 minutes, 24 seconds
5 Steps To Research a Developer Before You Buy a Property ⎜ Ep. 1135
In this episode, we discuss the 5 steps property investors should take to research a developer BEFORE they purchase a property through them.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/20/2022 • 13 minutes, 55 seconds
Rapid Fire – 20 Questions Answered About Property Investment in 15 Minutes ⎜ Ep. 1134
In this episode, we discuss and answer 20 different property investment and mortgage-related questions in under 15 minutes.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/19/2022 • 14 minutes, 53 seconds
Capital Growth vs Cashflow – Which Is More Important? Pros and Cons ⎜ Ep. 1133
In this episode, we discuss capital gains and cashflow and discuss which is more important for property investors and home owners.
This includes an honest analysis of both the pros and cons ... and when each is important in your property investment journey.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register. You don't need to buy the book, if you are coming to the book launch. Your ticket includes a book.
Though if you can't make it to the book launch, you can pre-order your copy of Wealth Plan by clicking this link.
10/18/2022 • 12 minutes, 40 seconds
Our Wealth Plan Book – What's It Actually About? A Look Inside ⎜ Ep. 1132
In this episode, we take a look inside our book – Wealth Plan – this includes a look at who the book is a good fit for, and what the central themes are for property investors and first home buyers.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register.
Or, if you want to pre-order your copy of Wealth Plan, click this link to buy. If you buy a ticket to the book launch, you don't need to also buy a copy of the book.
10/17/2022 • 10 minutes, 3 seconds
"My Tenants Damaged My Property" – What Your Tenant Is Responsible For ⎜ Ep. 1131
In this episode, we discuss what you, as a landlord, are responsible for when your tenant damages your property. We also discuss what your tenants are responsible for.
This includes a look at what the Tenancy Tribunal cases can tell us about how these sort of judgements are decided.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register.
10/16/2022 • 14 minutes
Case Study Sunday – $100k Passive Income By 58. How This Couple Plan to Do It ⎜ Ep. 1130
In this episode, we discuss a case study of a couple who plan to retire at 58 with a $100k passive income. To share the case study we are joined by property investor and property partner, Kathy Faulkner.
Kathy takes us through these investors motivations, ambitions and plan for how they plan to create this passive income, without help from the government.
We also mention that if you want to book a complimentary portfolio planning session, text the word 'plan' to 5522.
10/15/2022 • 14 minutes, 3 seconds
"I Can't Afford To Retire" – Wealth Gaps + What It Means For New Zealanders ⎜ Ep. 1129
In this episode, we discuss the concept of Wealth Gap and what it means for property investors and people thinking about their financial future in New Zealand.
This includes understanding how to calculate your Wealth Gap, and what happen if you can't fill it.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register.
10/14/2022 • 14 minutes, 27 seconds
Periodic vs Fixed Term Tenancies – Which Is Better For Me? Pros and Cons Explained ⎜ Ep. 1128
In this episode, we discuss the pros and cons of both fixed-term and periodic tenancies. This allows property investors to decide which is better for them when renting out one of their properties.
On one hand, fixed-term tenancies provide greater certainty that you'll have a tenant for a time. Though on the other hand, periodic tenancies are more flexible for both tenant and landlord.
We also mention that our Wealth Plan book launch tour tickets are now live. Click the link to register.
10/13/2022 • 10 minutes, 26 seconds
When Will It Stop? Reserve Bank Lifts OCR ... Again. What It Means For Interest Rates ⎜ Ep. 1127
In this episode, we discuss why the Reserve Bank increased the official cash rate from 3% to 3.5%.
We go through what property investors need to know, and the impact on mortgage interest rates.
We also cover when it's all going to stop and how high the OCR might lift to.
We wrap up the show by mentioning the launch of our Wealth Plan book launch tour tickets. Click the link to buy your ticket.
10/12/2022 • 11 minutes, 10 seconds
Bonus - 8 Steps to Build a Passive Income & Retire on Real Estate - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at "8 Steps to Build a Passive Income & Retire on Real Estate", the strategies and practices from our upcoming book 'Wealth Plan', and how to use these to plan and create wealth for your financial future with investment property.
10/11/2022 • 1 hour, 23 minutes, 37 seconds
What Do Buyers Care About When Purchasing a House? + The Impact on Resale Value ⎜ Ep. 1126
In this episode, we discuss what buyers really care about when purchasing a home to live in. This is based off data from the UK and Australia, which shows what really matters (and what doesn't).
This is important for property investors to understand, because they care about how easy it is to sell their investments, and what resale value they can get.
We also mention that tickets for our Wealth Plan book tour are now on sale. Click the link to buy your ticket.
10/11/2022 • 12 minutes, 34 seconds
Radio Talkback (New Format) – Your Questions Answered Live on Air ⎜ Ep. 1125
In this episode, we answer questions from real podcast listeners live on the show. This includes questions from property investors around the country about their personal situations ... even though this is not personalised financial advice.
Want your question answered live on the podcast with Ed and Andrew? Submit your question here through the Property Academy Radio Talkback form.
10/10/2022 • 20 minutes, 25 seconds
DO NOT Buy These Investment Properties ⎜ Ep. 1124
In this episode, we discuss the types of properties that property investors should not buy.
This includes how to spot these types of properties, and why it's a bad idea not to buy them.
We also mention our upcoming property investment webinar, which is on tomorrow, Tuesday 11th October at 7pm. Click the link to register.
10/9/2022 • 12 minutes, 20 seconds
Case Study Sunday – How These Average Income Earners Will Grow an Investment Portfolio ⎜ Ep. 1123
In this episode, we are joined by property investor and financial adviser, Toby Pascoe, to discuss a case study of one of his clients.
This couple earn an average income and are making big changes to the work and living situation so that they are able to invest in property and grow a portfolio.
If you want to go through the same process this couple went through, your next step is to book a complimentary Portfolio Planning session. Click the link to register.
10/8/2022 • 13 minutes, 23 seconds
Buying Property as a Group – Don't Make These Mistakes ⎜ Ep. 1122
In this episode, we discuss what property investors and first home buyers need to know about buying a property as a group. This includes groups of family and friends.
This includes how co-owning a property could impact your ability to keep growing an investment portfolio into the future.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to building a passive income (and how to retire on real estate). It's on Tuesday 11th October at 7pm. Click the link to register.
10/7/2022 • 13 minutes, 56 seconds
Owning a Property with your Ex ... What Property Investors Need To Know ⎜ Ep. 1121
In this episode, we discuss what property investors need to know about owning a property with their former partner.
This includes why it could be a good idea,m and how to set the ownership of the property up ... the right way.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to building a passive income (and how to retire on real estate). It's on Tuesday 11th October at 7pm. Click the link to register.
10/6/2022 • 11 minutes, 59 seconds
8 Things You Must Tell Your Mortgage Broker ... To Get The Bank To Say Yes ⎜ Ep. 1120
In this episode, we discuss the 8 things that you must tell your mortgage broker as a property investor when you are applying for more lending.
Ultimately, this allows you to have a more informed conversation with your broker, which gives you a better shot at getting the bank to say yes.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to building a passive income (and how to retire on real estate). It's on Tuesday 11th October at 7pm. Click the link to register.
10/5/2022 • 15 minutes, 20 seconds
Too Many Townhouses? Is There An Oversupply of Townhouses ⎜ Ep. 1119
In this episode, we discuss whether there is an oversupply of townhouses coming, and go through the data to see whether there are too many townhouses in the property market today.
This includes a look into where the townhouses are being built, and property sales data to see whether townhouses take longer to sell, and whether townhouses are falling in value more quickly.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to build a passive income and retire on real estate.
10/4/2022 • 14 minutes, 31 seconds
How To Recover From Having Bad Credit – How Do You Still Build an Investment Portfolio? ⎜ Ep. 1118
In this episode, we discuss how property investors can recover if they have bad credit. This includes how to figure out your credit score using Credit Simple, and where you can request your credit report.
The strategies to recover include: waiting, paying off debts that you've defaulted on, building a history of paying back debts using a credit card and more.
We also mention our upcoming property investment webinar, where you're going to learn the 8 steps to build a passive income and retire on real estate.
10/3/2022 • 12 minutes, 52 seconds
Revealed: How School Zones Impact The Price of Your House – What Property Investors Need to Know ⎜ Ep. 1117
In this episode, we discuss how school zones impact the value and capital growth of properties around New Zealand.
This includes what property investors and first home buyers need to know when it comes to buying in a particular school zone.
We also test two key hypotheses: 1) Whether properties in more desirable school zones are more expensive, and 2) whether properties within those school zones increase in value more quickly.
Want to watch the video version? Watch and subscribe to the Opes Partners YouTube channel.
10/2/2022 • 16 minutes, 16 seconds
Case Study Sunday – This Couple Save $350k A Year – Here's How They Do It ⎜ Ep. 1116
In this episode, we discuss a case study of a pair of investors who are currently saving a significant amount of money.
We walk through the details of how they do it and why they plan to use investment properties to build their wealth.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to build a passive income and retire on real estate.
10/1/2022 • 13 minutes, 4 seconds
Negative Equity – Major Problems + Solutions For Property Investors ⎜ Ep. 1115
In this episode, we discuss what property investors need to know about negative equity. This includes what it is, why it occurs and the potential impacts.
We also discuss what first home buyers and investors can do to combat the effects of negative equity.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to build a passive income and retire on real estate.
9/30/2022 • 15 minutes, 1 second
Freebies From Developers ... Good, Bad, or Cons? You Decide ⎜ Ep. 1114
In this episode, we discuss what property investors need to know when receiving incentives from developers when they purchase a new build.
This includes when the developer offers to pay your mortgage, when they offer a rental guarantee, furniture pack and cashbacks.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to build a passive income and retire on real estate.
9/29/2022 • 13 minutes, 32 seconds
Is THIS Property Investment Strategy Dead? ⎜ Ep. 1113
In this episode, we discuss whether one particular property investment strategy is now dead.
This is based on our recent presentation to the Wellington Property Investors Association, where we discussed the property investment strategies that still work in 2023.
We also mention our upcoming property investment webinar, where you'll learn the 8 steps to build a passive income and retire on real estate.
9/28/2022 • 15 minutes, 52 seconds
Cashflow Hacking #5 – How To Increase Your Property's Value with Paint ⎜ Ep. 1112
In this episode, we are joined by property investor, Ilse Wolfe, from Opes Accelerate. Here we discuss step #5 of the Cashflow Hacking System.
This is the 6-step system that turbo-charges any BRRRR renovation project. This step includes painting the internal walls of your property, both to increase the rent and the value of your property.
9/27/2022 • 14 minutes, 17 seconds
How Does Airbnb Impact the Rental Market? ⎜ Ep. 1111
In this episode, we discuss how Airbnb impacts the long-term rental market.
This includes a look at the situations where Airbnbs increase the rents of long-term rentals, and where rents decrease if there are too many Airbnbs.
Ultimately, this allows property investors to decide whether they want to invest in areas where Airbnb-type properties are prevalent.
9/26/2022 • 11 minutes, 43 seconds
Rolleston – Is it Still a Good Investment? An Honest Analysis ⎜ Ep. 1110
In this episode, we discuss whether properties in Rolleston (Canterbury) are still a good investment at today's prices.
We go through the numbers to show how much house prices in Rolleston have increased, as well as whether the current prices are still attractive to property investors and first home buyers.
9/25/2022 • 14 minutes, 25 seconds
Case Study Sunday – "It's A Bad Deal" ... When Is a Deal Not A Deal? – Ilse Wolfe ⎜ Ep. 1109
In this episode, we are joined by property investor, Ilse Wolfe from Opes Accelerate to talk through a renovations-focussed case study.
Here Ilse takes us through a property one of her investors was considering. The numbers looked good. But, then they discovered red-flags that meant the deal ... wasn't really a deal.
9/24/2022 • 13 minutes, 36 seconds
How to Self-Review Your Property Investment Portfolio (*The Right Way*) ⎜ Ep. 1108
In this episode, we discuss the steps that property investors should take when reviewing their portfolios each year.
This includes re-looking at your interest rates and lending, as well as thinking through whether your current properties still make sense to hold.
We also mention that we are about to start taking your questions as part of a talkback radio-style show. Submit your questions using the Talkback question form
In this episode, we are joined by Ilse Wolfe from Opes Accelerate to discuss the biggest mistakes that property investors make when renovating property for profit.
This is so you as a property investors (or a first home buyer) can put plans in place to make sure your renovation project is successful.
9/22/2022 • 14 minutes, 3 seconds
Will Interest Deductibility be Repealed? Arguments For and Against ⎜ Ep. 1106
In this episode, we discuss whether interest deductibility will be repealed or not if and when National gets in.
This comes off the back of the national property investors conference in Palmerston North, where National Party housing spokesman, Chris Bishop gave a speech.
Ultimately this allows property investors to make a decision about how they should consider interest deductibility when making their investment decisions.
9/21/2022 • 12 minutes, 9 seconds
Ultimate Guide to Due Diligence – Exact Steps To Follow ⎜ Ep. 1105
In this episode, we discuss what property investors need to do during due diligence for an investment property.
We also mention that you can download our Ultimate Guide to Due Diligence, which walks you through each step in even more detail.
9/20/2022 • 13 minutes, 3 seconds
What Does a Financial Adviser Actually Do? + Do I Really Need to Use a Financial Adviser? ⎜ Ep. 1104
In this episode, we discuss what property investors and first home buyers need to know about working with a financial adviser.
This includes what financial advisers actually do, what they cost and what you should expect from them.
This is ultimately so you know how to get the most out of any financial advice provider.
In this episode, we react to financial advice given a TikTok, a social media app. We pull out examples of both good and bad financial advice and talk about how to spot the difference.
We also talk about how much you can rely on what you here on TikTok ... and find that some you can, and some you can't.
9/18/2022 • 15 minutes, 43 seconds
Case Study Sunday – 2 Properties on <$100k Income | Ep. 1102
In this episode, we discuss a case study of a pair of property investors who were able to buy 2 investment properties, starting with less than $100k in household income. For this case study we are joined by financial adviser, Stevie Waring.
9/17/2022 • 12 minutes, 29 seconds
Revealed: Most Expensive Rates in NZ For Property Investors ⎜ Ep. 1101
In this episode, we discuss where the most expensive local council rates are for property investors.
We also mention this map, which reveals the data and shows how many weeks of rent an investor needs to cover their local rates.
9/16/2022 • 9 minutes, 29 seconds
Top Learnings from the National Property Investors Conference 2022 ⎜ Ep. 1100
In this episode, we discuss the top learnings from the NZPIF Property Investors Conference 2022. This is New Zealand's national conference for property investors.
We highlight the top speakers, as well as what we learnt from them. We also talk through the characters we met, and what we discussed.
9/15/2022 • 13 minutes, 37 seconds
Pets in Properties – What Responsibility Do Tenants Have? A Case Study ⎜ Ep. 1099
In this episode, we discuss the court case of Guo vs Korck, which shows the responsibilities that tenants have for damage caused within the property by pets.
This includes a guideline that property investors can follow around defining accidental and intentional damage and how to ensure they set up their tenancy agreement successfully.
9/14/2022 • 13 minutes, 9 seconds
Bonus - How to buy your 1st (or next) investment property - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Property Live webinar where we looked at How to buy your 1st (or next) investment property, and we provide some tools to help you plan out your investment property purchase.
9/13/2022 • 1 hour, 10 minutes, 20 seconds
Never Do This With Your Investment Property + Genuine Alternatives ⎜ Ep. 1098
In this episode, we discuss the things that property investors should never do with their rental properties.
This includes thinking that you are going to live in it, planning to use it for your kids, and generally mixing both personal and investment goals.
Ultimately this allows property investors to look objectively at their properties and making the best investment decision possible.
9/13/2022 • 13 minutes, 35 seconds
Singapore vs New Zealand – Which Is The Better Place To Invest In Property? 6 Key Differences ⎜ Ep. 1097
In this episode, we discuss the 6 key differences between investing in property in Singapore and New Zealand.
This includes the different tax systems, the Singaporean Government's approach to public housing, and the prices that property investors and first home buyers need to pay.
We also mention our upcoming How to buy your first (or next) investment property webinar, which in on Tuesday 13th September at 7pm. Click the link to register.
9/12/2022 • 11 minutes, 31 seconds
3 Reasons Your Mortgage Got Declined + What To Do To Fix Them ⎜ Ep. 1096
In this episode, we discuss the 3 reasons your mortgage got declined as a property investor or first home buyer.
This includes:
non-disclosure to the banks,
choosing the wrong bank and also
choosing the wrong property.
Ultimately, this gives you a better shot at getting your mortgage application approved.
We also mention our upcoming How to buy your first (or next) investment property webinar, which is on Tuesday 13th September at 7pm. Click the link to register.
9/11/2022 • 12 minutes, 12 seconds
Case Study Sunday: Creating a $3.5k / month Passive Income Through Property ⎜ Ep. 1095
In this episode, we dig into a case study of a family of property investors who plan to sell a commercial investment property in order to reinvest in residential property.
We go through their financial situation and the requirements they have around producing a passive income from a senior member of their family.
Ultimately, this is to show you as a property investor or first home buyer how property can be used to achieve your personal financial goals.
9/10/2022 • 11 minutes, 26 seconds
Top 10 Financial Advisers in NZ ⎜ Ep. 1094
In this episode, we reveal the top 10 financial advisers in New Zealand – who they are, what they do, and who they are the right fit for.
This includes:
Hannah McQueen from EnableMe,
Lisa Dudson from Acumen,
Cameron Marcroft from Loan Market,
April Hastilow from Become Wealth,
Darcy Ungaro from Ungaro and Co and the NZ Everyday Investor Podcast
John Bolton from Squirrel,
Eugene Bartsaiken from Twine Financial Advisers,
Rick Parry from NZ Funds,
Pippa Hogg from BNZ, and
Martin Hawes
We also mention our upcoming How to buy your first (or next) investment property webinar, which is on Tuesday 13th of September. Click the link to register.
9/9/2022 • 13 minutes, 38 seconds
New Build Defects – What Counts As a Defect For a New Build? How Do You Get Them Fixed? ⎜ Ep. 1093
In this episode, we discuss what counts as a defect for a new build investment property. This also includes a look at what doesn't count as a defect.
We frequently refer to this Guide to Tolerances, Materials and Workmanship in New Residential Construction, which has been published by the Ministry of Business Innovation and Employment.
We also walk property investors and first home buyers through the process for getting defects fixed, and what you need to look out for to avoid mistakes.
9/8/2022 • 14 minutes, 55 seconds
What Happens If House Prices Fall During Construction of a New Build? ⎜ Ep. 1092
In this episode, we discuss what happens if house prices fall while you have a new build under construction. This includes how the bank financing works if the value of your new build is lower than the price you need to pay.
9/7/2022 • 14 minutes, 4 seconds
Revealed: What Can I Actually Spend in Retirement? Actual Numbers Revealed ⎜ Ep 1091
In this episode, we discuss what Kiwi property investors can actually spend in retirement based on the Massey University Retirement Expenditure Guidelines.
We also mention our recent What Can I Buy In Retirement? video, which you can watch on YouTube. Click the link to watch.
9/6/2022 • 14 minutes, 6 seconds
Save On Tax? – What Is Rollover Relief + How Does It Work? ⎜ Ep. 1090
In this episode, we are joined by Matthew Harris from Momentum Property to discuss what Rollover Relief is and how some property investors can use it to save on tax.
This includes how it was created under the new interest deductibility property investment rules. And who can benefit most from the policy.
We also mention our upcoming property investment webinar – How to buy your first (or next) investment property – it's on Tuesday the 13th of September at 7pm. Click the link to register.
9/5/2022 • 13 minutes, 6 seconds
Tony Alexander's House Price Predictions For The Next 1-2 Years ⎜ Ep. 1089
In this episode, we are joined by independent economist, Tony Alexander, to discuss what he thinks will happen to the New Zealand housing market over the next 1-2 years.
This includes what property investors need to know about capital growth and house price movements and when the right time to buy is.
We also mention our upcoming property investment webinar – How to buy your first (or next) investment property – which is on Tuesday 13th September. Click the link to register.
9/4/2022 • 17 minutes, 36 seconds
Case Study Sunday – Achieving Your Goals Through Property Investment ⎜ Ep. 1088
In this episode, we are joined by Stevie Waring to discuss a case study of a pair of property investors who are using real estate to achieve their personal financial goals.
9/3/2022 • 13 minutes, 25 seconds
Tony Alexander’s Long Term House Price Predictions – Special Guest Tony Alexander | Ep. 1087
In this episode, we are joined by independent economist Tony Alexander, to discuss his long term house price predictions. This includes what property investors and first home buyers need to know.
9/2/2022 • 15 minutes, 22 seconds
Tony Alexander’s Interest Rate Predictions – Special Guest: Tony Alexander ⎜ Ep. 1086
In this episode, we are joined by special guest, Tony Alexander to discuss his interest rate predictions and how they will impact property investors and first home buyers.
9/1/2022 • 14 minutes, 48 seconds
3 Case Studies From Real Life Investor – The Deal with Southland Property Investors Association ⎜ Ep. 1085
In this episode, we discuss 3 real-life case studies from our recent appearance at the Southland Property Investors Association.
We discuss the different deals that were presented by the property investors, and announce the winner who will appear on the podcast and in NZ property investor magazine.
We also mention our upcoming property investment webinar – How to buy your first (or next) investment property. It's on Tuesday 13th September. Click the link to register.
8/31/2022 • 15 minutes, 21 seconds
Bonus - How to Successfully 'Cashflow Hack' in 2022 Using Renovations - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Accelerate webinar where we looked at "How to Successfully 'Cashflow Hack' in 2022 Using Renovations", the strategies to use and the best practices to create cashflow from your investment property.
8/30/2022 • 1 hour, 20 minutes, 2 seconds
What Do Tenants Really Want? Revealed: The Factors that Impact Rentability ⎜ Ep. 1084
In this episode, we discuss the main factors that impact the rentability of an investment property, and what tenants really want.
This is based on data from the Barfoot and Thompson Tenants Survey.
We also mention our upcoming webinar: How to buy your first (or next) investment property, which is on Tuesday 13th September at 7pm. Click the link to register.
8/30/2022 • 14 minutes, 6 seconds
How Old is Too Old To Invest In Property + Get a Mortgage? ⎜ Ep. 1083
In this episode, we discuss how old (or young) you need to be to get a mortgage so you can invest in property. This includes a look at how the answer changes based on your financial situation.
We go through an example of real property investors who are still investing in their 60's, as well as how you should talk to the bank to make it more likely that your lending is approved.
8/29/2022 • 12 minutes, 24 seconds
The Three Stages Every Property Investor Goes Through [Book Preview] ⎜ Ep. 1082
In this episode, we discuss the three stages that every property investor goes through. This includes: the starting blocks, running the race, and then crossing the finish line.
This content comes from our upcoming book: Wealth Plan – How to invest in property and retire on real estate.
You can also access our podcast catalogue to find every episode we have ever recorded.
8/28/2022 • 13 minutes, 32 seconds
Case Study Sunday – "We Want To Travel The Country In Our Motorhome" ⎜ Ep. 1081
In this episode, we discuss a case study of a pair of property investors who want to travel the country in their motorhome.
We go through the assets they'll need to achieve their goals as well as how they can use investment property to build them.
8/27/2022 • 11 minutes, 23 seconds
Hotel Rooms – Are They A Good Investment? Pros and Cons Explained ⎜ Ep. 1080
In this episode, we discuss whether property investors should consider hotel rooms as an alternative to standard residential property.
This includes a look at the pros, cons, cashflows and yields that investors can expect to receive from a hotel room.
We also mention the Safari Group episode of The Deal, where a hotel complex developer explains how dual-key apartments and hotel complexes work.
8/26/2022 • 14 minutes, 32 seconds
“House Prices to Fall 20%” … Reserve Banks Hikes OCR to 3% ⎜ Ep. 1079
In this episode, we discuss what property investors need to know about the Reserve Bank’s latest monetary policy statement. We also go through their latest house price predictions and what it means for mortgage interest rates.
8/25/2022 • 13 minutes, 15 seconds
The Financial Fast Track – 5 Fundamental Principles For Investing In Property – Book Preview ⎜ Ep. 1078
In this episode, we discuss the Financial Fast Track. These are the 5 principles that you need to be across and carry with you as you invest in property.
These mindset shifts include – 1) it's not your starting point that matters, it's where you're going, 2) you need more assets, 3) Saving alone is not enough, 4) you need to take some risk, and 5) others don't have to fall behind for you to get ahead.
8/24/2022 • 12 minutes, 48 seconds
Age Gap Couples + How It Impacts Your Property Investment Strategy ⎜ Ep. 1077
In this episode, we discuss what property investors need to know about couples with an age gap, and how it impacts your property investment strategy and your financial planning goals.
We also mention this table, which can help you identify the difference in life expectancy between you and your partner.
8/23/2022 • 15 minutes, 15 seconds
[Exact Process] How to Figure Out What Your Home is Worth In Today's Market ⎜ Ep. 1076
In this episode, we discuss the exact steps that property investors and first home buyers can take to figure out exactly what their homes are worth.
We also discuss how online valuation sites – like homes.co.nz – are not as accurate as they might seem. We dig into the data and show how far off the site is based on each council area.
We also mention this tool, which you can use to see how your property market has changed since you first bought your house.
8/22/2022 • 10 minutes, 51 seconds
5 Lessons From Rich Dad Poor Dad ... Rich Dad Poor Dad Review ⎜ Ep. 1075
In this episode, we discuss the 5 lessons that Kiwi property investors and first home buyers can learn from reading Rich Dad Poor Dad by Robert Kiyosaki.
This includes the idea that the standard approach to building a career doesn't lead to financial success; that you need to earn income other than just from your job; and that you need to focus on acquiring assets rather than liabilities.
8/21/2022 • 14 minutes, 14 seconds
Case Study Sunday: $200k Passive Income In 20 Years … Real Numbers ⎜ Ep. 1074
In this episode, we discuss a case study of a pair of property investors who plan to build a $200k passive income over the next 20 years. We dig into the numbers and how they’ll do it.
8/20/2022 • 15 minutes, 30 seconds
How Much Time Does Property Investment Take? Time Taken To Be A Property Investor ⎜ Ep. 1073
In this episode, we discuss how much time it takes to be a property investor in New Zealand.
This includes a breakdown of the sorts of tasks you need to do, and how that changes based on how active you are in your portfolio.
Ultimately, this allows you to determine whether you've got the time it takes to ber a successful property investor.
8/19/2022 • 11 minutes, 49 seconds
Mortgagee Sales – Can I Snag A Bargain? What Property Investors Need to Know ⎜ Ep. 1072
In this episode, we discuss what property investors need to know about mortgagee sales, how they work, and the different fishhooks people run into.
This includes how to buy a house that is up for mortgagee sale, how the bank will view the sale, and most importantly, the insurance side. Do not miss this.
8/18/2022 • 13 minutes, 54 seconds
Buying NZ Property from Overseas … The Ultimate Guide ⎜ Ep. 1071
In this episode, we discuss how Kiwis, Australians and other people based overseas can become property investors in New Zealand. This includes a look at how much deposit you need, the types of properties you can buy, and how the banks assess your income.
8/17/2022 • 11 minutes, 57 seconds
Property Investment Seminars – Are They Worth It? Good and Bad Examples ⎜ Ep. 1069
In this episode, we discuss the world of property investment seminars and talk through whether they are worth it for both property investors and first home buyers.
This includes a discussion on the different property investment seminars that are held, the cost to attend these seminars and what you'll learn from them.
8/15/2022 • 14 minutes, 14 seconds
Must Listen – Do This When You Buy a House – Lim Report Must Do ⎜ Ep. 1068
In this episode, we discuss a case study of a pair of home buyers who purchased a property in Auckland, only to find out later that the property was leaky.
Worst of all, the council documents they based their purchasing decision on were altered by the person they bought the house off. That's why we walk property investors and first home buyers through what they must do when purchasing a property.
8/14/2022 • 13 minutes, 38 seconds
Case Study Sunday – Build $300k Passive Income Through Property ⎜ Ep. 1067
In this episode, we are joined by Maxine Clason-Thomas – a financial adviser – to discuss how this couple will use investment properties to fund their retirement.
This includes a look at their incomes, their current assets and what they're on track to achieve.
8/14/2022 • 12 minutes, 32 seconds
8 Things We'll Never do in Property Investment ⎜ Ep. 1066
In this episode, we discuss the 8 things that we will never do in property investment. This is so property investors and first home buyers can get a sense of what to avoid when purchasing properties.
This includes not paying principal and interest on mortgages, not investing in small towns that get low capital growth and not spending time managing our own rental properties.
8/12/2022 • 10 minutes, 12 seconds
7 Steps Investors Can Take To Attract Tenants in a Tougher Rental Market ⎜ Ep. 1065
In this episode, we discuss the 7 steps that property investors can take to attract a tenant in a tougher rental market.
This includes doing basic cosmetic renovations to the property, adding sweeteners for the tenant, and adding in appliances that the tenant might need.
8/11/2022 • 13 minutes, 15 seconds
Tenancy Tribunal – How to set the Market Rent ⎜ Ep. 1064
In this episode, we discuss how property investors can set the market rent for their properties, based on the Tenancy Tribunal’s process
8/10/2022 • 11 minutes, 42 seconds
Cashflow Hacking Step #4 – Upgrade Fixtures and Fittings ... A How-To Guide ⎜ Ep. 1063
In this episode, we are joined by property investor, Ilse Wolfe, to discuss the 4th step in the Cashflow Hacking process – replacing fixtures and fittings.
This means that you as a property investor or a first home buyer can quickly add value and rental potential to your property.
We also mention our upcoming property investment webinar, which is on Tuesday 30th August at 7pm. Click the link to register.
8/9/2022 • 17 minutes
How To Save Money on Legal Fees When You Buy Property ⎜ Ep. 1062
In this episode, we discuss how property investors and first home buyers can save money on legal fees when they buy a property in New Zealand.
We go through what it costs to use different types of law firms and the services you can expect to receive, so you can make an informed decision.
8/8/2022 • 14 minutes, 30 seconds
Real Examples – Are House Prices Really Going Down? Exact Figures Revealed ⎜ Ep. 1061
In this episode, we discuss whether prices are really falling, along with the exact price reductions we are really seeing in the market.
That allows property investors and first home buyers to set their expectations about how far property prices are falling in today's market.
We also mention that we've just released this Youtube video about how to win at Any Part of the Property Cycle, click the link to watch.
8/7/2022 • 14 minutes, 4 seconds
Case Study Sunday – x2 Rent on this 10-Unit New Plymouth Property ⎜ Ep. 1060
In this episode, we are joined by property investor, Ilse Wolfe, to discuss one of her recent renovation projects. Here, Ilse talks us through how she purchased this complex, and what she’ll do to increase both the rent and the value.
8/6/2022 • 14 minutes, 45 seconds
No Car Park vs Car Parks vs Garages ... Which Is Best? An Honest Analysis? ⎜ Ep. 1059
In this episode, we discuss what property investors should look for in a new build investment property when it comes to having a car park vs having no parking vs having a garage.
We go through how much a car park and garage costs and what the expected rental return is if you decide to purchase a property with one.
8/5/2022 • 12 minutes, 8 seconds
Teardown – Tenant Group Releases Outrageous List of 10 Demands ⎜ Ep. 1058
In this episode, we teardown a list of 10 outrageous demands being made by tenancy advocate group, Tenants Action Wellington.
We walk through each of the demands in 60 seconds, along with why we think the demand is a bad idea.
We also mention Ep. 1010 of the podcast about how to politely say no to tenant requests.
We also mention the Opes Partners YouTube Channel, subscribe to keep learning how to be a successful property investor.
8/4/2022 • 16 minutes, 29 seconds
Master Build Guarantees – Worth The Paper They're Written On? Pros, Cons, Alternatives ⎜ Ep. 1057
In this episode, we discuss whether Master Build Guarantees and Warranties are worth the paper they are written on.
This includes a look at the pros and cons of the warranty, along with a look at the alternatives, including the Halo / Certified Builders Guarantee.
8/3/2022 • 17 minutes, 22 seconds
Bonus - How To Invest In Property 'the right way' In 2022 - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Property Live webinar where we looked at How To Invest In Property 'the right way' In 2022, the strategies to use and the best places to purchase your investment property.
8/2/2022 • 1 hour, 16 minutes, 29 seconds
6 Mindset Shifts That First Home Buyers Have To Make ⎜Ep. 1056
In this episode, we are joined by Sammy Morrison to discuss the 6 mindset shifts that first home buyers have to make to be successful in 2022.
This includes being realistic, getting started before you think you are ready, feeling the fear and doing it anyway, and not letting the great being the enemy of the good.
We wrap up the episode by mentioning the ontheladderbyopes_ instagram account, where you can keep up to date with what it takes to be a first home buyer.
8/2/2022 • 12 minutes, 35 seconds
Have Interest Rates Peaked? An Honest Analysis ⎜ Ep. 1055
In this episode, we discuss whether interest rates have peaked in the New Zealand market. This is so you, as a property investor, can decide how long to fix your interest rate for.
We also discuss the impact of continued tightening from the Reserve Bank and how this impacts what the banks can offer you.
We wrap up by mentioning our upcoming webinar, which is on tonight (Tuesday 2nd August) at 7pm. Click the link to register.
8/1/2022 • 10 minutes, 14 seconds
True or False – Is The Rental Market Really Slowing Down? ⎜ Ep. 1054
In this episode, we discuss this Stuff article, which suggests that landlords need to 'Wake Up' to the new reality of the rental market.
We discuss whether this article is true or false and look at the data to see whether the rental market really is slowing down.
We also mention sharing a graph that shows Auckland Rents over time – but Ed couldn't figure out how to link it (sorry!).
We also mention our upcoming webinar, where you'll learn how to invest in property the right way in 2022. It's on Tuesday 2nd August at 7pm. Click the link to register.
7/31/2022 • 13 minutes, 46 seconds
Case Study Sunday: "My Mortgage Broker Gave Up On Me" – How This Investor Got The Money, with Toby Pascoe ⎜ Ep. 1053
In this episode, we are joined by financial adviser and property investor, Toby Pascoe, to discuss a case study of an investor who struggled to get her finance approved.
We go through the details of how the situation came about, and how her mortgage broker gave up on her. We then discuss what steps she took to get the finance approved and settle on her property.
7/30/2022 • 19 minutes, 3 seconds
This Couple Borrowed $90k More Using This Simple Trick ... Transferring The Mortgage ⎜ Ep. 1052
In this episode, we discuss how one couple will borrow $90k more than they otherwise could by transferring their mortgage between properties.
We discuss which property investors this applies to, and which banks are more likely to let you do this.
We also mention our upcoming webinar, which is happening on Tuesday 2nd August at 7pm. Click the link to register.
7/29/2022 • 8 minutes, 27 seconds
Turnkey vs Progressive Payments Builds – Which Is Better For Property Investors ⎜ Ep. 1051
In this episode, we discuss the difference between progressive payments and turnkey builds and which are better for property investors.
This includes an analysis of which tend to be more expensive, and which you as the investor have more control over.
We also mention our upcoming webinar, which is on Tuesday 2nd August at 7pm. Click the link to register.
7/28/2022 • 12 minutes, 49 seconds
Should I Go To The NZ Property Investors Conference 2022? + How To Make The Most Of It ⎜ Ep. 1050
In this episode, we discuss the upcoming NZPIF 2022 Conference, and how to make the most out of the event.
This includes a breakdown of the cost to attend and what's on the schedule. Use the link above to register for the conference.
We also mention our upcoming webinar, where you'll learn how to invest in property the right way in 2022. It's on Tuesday 2nd Augsut at 7pm. Click the link to register.
7/27/2022 • 10 minutes, 55 seconds
Brooksfield – Are They Any Good? An Honest Review of This Property Developer ⎜ Ep. 1049
In this episode, we review Brooksfield, a property developer based out of Christchurch. This includes an assessment of the people behind the company and the sort of properties they build.
We talk through both the pros and the cons. Including how their designs and floorplans differ from some other property developers on the market.
7/26/2022 • 11 minutes, 44 seconds
Top 5 Non Bank Lenders ... An Honest Review ... Which One Should I Use?⎜Ep. 1048
In this episode, we discuss the top 5 non-bank lenders in New Zealand, along with the pros and cons of each.
This includes a look at Resimac, Squirrel Money, BaseCorp, PepperMoney and Liberty Financial. Ultimately this will allow you to get a sense of which non-bank lender might be the right fit for you.
7/25/2022 • 15 minutes, 16 seconds
Home Loan Paid Off, What Next? What Property Investors Need To Know ⎜ Ep. 1047
In this episode, we answer a question from a listener of the show. They want to know what they should do after they've paid off their personal home loan.
We go through the different options and compare the returns they could get from investing in property, shares or something else.
Ultimately this means you can decide what the right decision might be for you.
7/24/2022 • 12 minutes, 28 seconds
Case Study Sunday – How Steph and Bayley Will Retire with $150k Passive Income ⎜ Ep. 1046
In this episode, we discuss how this couple – Steph and Bayley – will retire at 65 with $150k in passive income ... without relying on the government superannuation.
This includes a look at how much these property investors were earning and what they need to do to close their Wealth Gap.
7/23/2022 • 13 minutes, 56 seconds
Are Car Parks a Good Investment? Price + Rent + Returns ... ⎜ Ep. 1045
In this episode, we discuss whether standalone car parks are a good investment for property investors.
This includes an analysis of the price, lending, rent and returns investors can expect if they start to invest in car parks.
We also go through how prevalent the opportunity is, and where these investments tend to be located.
7/22/2022 • 16 minutes, 30 seconds
The End of Capital Growth? How Are House Prices Going To Increase Any Further? ⎜ Ep. 1044
In this episode, we discuss whether it's the end of capital growth for property investors and homeowners in the New Zealand property market.
We discuss house price to income ratios and go through the logic as to why they matter very little to most buyers in the New Zealand property market.
We also mention our upcoming How to Invest in Property 'The Right Way' in 2022 webinar, which is on Tuesday 2nd August at 7pm. Click the link to register.
7/21/2022 • 15 minutes, 49 seconds
Forever Home vs Investment Property ... Which Should I Buy First? ⎜ Ep. 1043
In this episode, we discuss a case study of a listener of the show, who wants to know whether he should purchase his forever home first, or start investing in property.
We discuss the pros and cons of both so you can make the right decision for you.
We also mention our upcoming How to Invest in Property 'The Right Way' in 2022 webinar, which is happening on Tuesday 2nd August at 7pm. Click the link to register.
7/20/2022 • 13 minutes, 23 seconds
Revealed: Areas Most Likely To Fall In Value ⎜ Ep. 1042
In this episode, we discuss which parts of New Zealand are most vulnerable to house price drops.
This includes which areas have already fallen the fastest. And you can use this map to see the areas that have already fallen in value most quickly.
You can also use this map to see which areas have the greatest opportunities for house prices to recover more quickly.
Want to get Andrew's weekly Private Property newsletter? Click the link to sign up for free.
7/19/2022 • 12 minutes, 24 seconds
Show Homes as Investment Properties … Are They a Good Investment? ⎜ Ep. 1041
In this episode, we discuss whether Show Homes make good investment properties. This includes a look at how the leases are structured and what happens after the developer no long needs your property as a show home.
7/18/2022 • 13 minutes, 48 seconds
$20k Cash Backs Offered By Some Banks ... Are They Worth It? What Investors Need To Know ⎜ Ep. 1040
In this episode, we discuss the incentives that are currently being offered by banks, both for property investors and owner occupiers.
This includes some cash backs that go up to $20,000 by some banks. We go through who is eligible, and whether taking the largest cash back always gives the best deal.
7/17/2022 • 11 minutes, 8 seconds
Case Study Sunday – How Andrew Helped These Investors Plan Their Retirement ⎜ Ep. 1039
In this episode, we discuss how Andrew helped these property investors use property to sort their retirement.
7/16/2022 • 12 minutes, 48 seconds
Tenants Owe Landlord Over $6,000 ... What Did The Tenancy Tribunal Do? ⎜ Ep. 1038
In this episode, we discuss a recent Tenancy Tribunal ruling and what it means for property investors.
Specifically, we tell the story of a landlord who was owed over $6,000 in missed rent from the tenant. We discuss what the tenancy tribunal did and what it means for the wider property investment community.
7/15/2022 • 11 minutes, 58 seconds
Rotorua – Are Rotorua Properties a Good Investment? An Honest Review ⎜ Ep. 1037
In this episode, we discuss whether properties in Rotorua are good investment. This includes a look at the Rotorua property market and how expensive it is compared to other parts of New Zealand.
We also look at the rental yields, the expected population growth and how the city might change over time.
7/14/2022 • 11 minutes, 10 seconds
4 Ways To Sell Your New Build While It's Under Construction ⎜ Ep. 1036
In this episode, we are joined by real estate agent and friend of the show, Micky Limmer, to discuss the 4 ways you can exit a new build while it's still under construction.
This includes using a contemporaneous settlement to sell the property to someone else, using a nomination, and settling the property before selling it.
This allows property investors to exit out of a new build if their circumstances have changed.
7/13/2022 • 14 minutes, 47 seconds
How To Re-Clad a House (Exact Costs + Process) – And Will I Pay Tax? ⎜ Ep. 1035
In this episode, we discuss what property investors need to know about re-cladding a house. This includes how much of the cladding needs to be replaced for the property to be considered a new build.
We also go through the costs and process for re-cladding a house, so you can decide whether it's worth purchasing a property that needs to be re-clad.
7/12/2022 • 11 minutes, 12 seconds
Don't Lose Your Deposit – How To Get Settlement Ready If You Have a New Build Under Construction ⎜ Ep. 1034
In this episode, we are joined by Peter Norris to discuss how investors can get Settlement Ready when they have a new build under construction.
This includes a discussion on the exact point where you are able to approach the banks to get a pre-approval ... and how to get the right information from the developer.
Want to find old episodes of the podcast? Check out the Property Academy podcast archive, this is where you can search through every podcast we have ever released.
7/11/2022 • 9 minutes, 44 seconds
How Long Does A Property Market Downturn Last? Exact Numbers ⎜ Ep. 1033
In this episode, we discuss how long a property market downturn lasts in New Zealand.
We dig through the data and analyse the previous times when the New Zealand property market entered a downturn.
Ultimately, this can be used by property investors to get a sense of how long the current downturn will last, and how long it will take for the market to recover.
7/10/2022 • 12 minutes, 21 seconds
Case Study Sunday: They Invested With A (Now) Bankrupt Developer ... Now They're Ontrack For $175k Passive Income ⎜ Ep. 1032
In this episode, we are joined by Kathy Faulkner – a property investor and financial adviser – to discuss a case study of a couple she's been working with.
Kathy walks us through their story, how the investors purchased a property form a company that is now in receivership, and how they are now on track for a sizeable passive income.
7/9/2022 • 14 minutes, 3 seconds
How Much Deposit Do I Need To Buy a Property In NZ? Exact Figures ⎜ Ep. 1031
In this episode, we discuss how much deposit Kiwi property investors and first home buyers need in order to purchase different types of properties.
This includes a look at the general guidelines, but also ways to borrow and buy outside of those guidelines too.
7/8/2022 • 10 minutes, 8 seconds
How Do I Get Started In Property Investment? The 4 Steps Property Investors Need To Know ⎜ Ep. 1030
In this episode, we discuss the 4 steps that property investors should take to get started putting their money in real estate.
This includes getting educated, setting your buying criteria, getting the finance, and actually making your first investment.
We also mention that you can find any episode we have ever done in the Property Academy podcast archive.
In this episode, we discuss and debunk several false or misleading property investment headlines and interrogate whether certain claims by news organisations are correct.
The headlines we refer to are:
Surging mortgage rates,
Day of Reckoning,
New Zealand banks predict 20% drop in house prices,
Reserve Bank says housing investment no longer one-way bet for Kiwis
7/6/2022 • 12 minutes, 10 seconds
How To Choose the Right Townhouse or Unit in a Development ⎜ Ep. 1028
In this episode, we discuss how to choose the right unit or townhouse within a development.
This includes diving into which factors really matter ... and which ones you don't have to worry about too much.
Ultimately this allows you to have the confidence to know what to look for when choosing the right property for your portfolio.
Got a question you want covered on the show? Suggest a topic using the podcast question form.
7/5/2022 • 9 minutes, 47 seconds
Investor Case Study – [Must Listen] How Dani Paim Saved 90% of Her Income; Lost $50k + Still Came Out On Top⎜Ep. 1027
In this episode, we are joined by Danubia Paim from Opes Accelerate to discuss her property investment journey.
She shares how she grew up in a tiny apartment in Brazil, before moving to New Zealand. We go through all the details, including how she lost $50k through a property coaching company, and what she learned in the process.
Got a topic you'd like us to talk about on the podcast? Suggest a topic using the podcast question form.
7/4/2022 • 16 minutes
Revolving Credits – When + How To Use Them (The Right Way) ⎜ Ep. 1026
In this episode, we discuss when and how to use a revolving credit as part of your property investment strategy.
This includes what a revolving credit is and how they work with other types of mortgages that you might use.
Got a question that you'd like us to answer on the podcast? Send through your topic suggestions by using the podcast question form.
7/3/2022 • 13 minutes, 49 seconds
Case Study Sunday: How These Investors Will Build a $200k Passive Income + Retire at 55 ⎜ Ep. 1025
In this episode, we discuss a case study of a pair of property investors who are on track to build a $200k passive income over the next 20 years.
We talk through their current investment properties and how on track they are to hit their goals.
We also mention that if you have a topic you'd like us to talk about on the podcast, you can suggest a topic here.
7/2/2022 • 13 minutes, 33 seconds
Will This 5 Point Plan Fix NZ's Rental Crisis? NZ Property Investor Federation Plan Reviewed ⎜ Ep. 1024
In this episode, we discuss the NZ Property Investor Federation's 5-point plan for fixing the rental crisis in New Zealand.
This includes a discussion about whether there is a rental crisis, and also reviewing. the best 3 and worst 3 ideas from the federation's report.
Want to read the report yourself? Here is the link to the plan, and also a link to where you can sign up for the Opes Partners 2022 NZPIF Conference.
Got a question you want answered on the podcast? Send in your podcast topics here.
7/1/2022 • 15 minutes, 29 seconds
Are Meth Tests Still Worth It? The Real Facts Revealed ⎜ Ep. 1023
In this episode, we discuss whether meth tests are still worth it for New Zealand property investors.
This includes a deep dive into the facts as presented in the Gluckman report into Methamphetamine contamination, so you can decide whether or not a meth test is right for you.
We also mention our new podcast topic suggestions form, where you can suggest a topic for the podcast.
6/30/2022 • 13 minutes, 15 seconds
Investor Saves $56k By Using This 1 Bright Line Test Quirk ⎜ Ep. 1022
In this episode, we discuss how one property investor will save $56,000 by using a quirk in the bright line test.
We go through what the quirk is, as well as what other investors would need to do in order to get a similar result by using the bright line test in this way.
6/29/2022 • 13 minutes, 1 second
Bonus: Property in the next 12 months – What can I expect? - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Property Live webinar where we looked at Predictions for Property in the next 12 months, the strategies to use and the best places to purchase your investment property.
6/29/2022 • 1 hour, 24 minutes, 13 seconds
IRD Applies To Liquidate Propellor Property – What Does It Mean For My Investment Properties? ⎜ Ep. 1021
In this episode, we discuss how the IRD has applied to liquidate Propellor Property Investments and two other associated companies.
We go through what this means for Propellor clients who have a build under way, as well as how property investors can protect themselves in these situations.
If you like the podcast, your next step is to subscribe to the Opes Partners YouTube channel. We release 2 new videos every week.
6/28/2022 • 11 minutes, 26 seconds
Napier – Is It A Good Place To Invest? An Unbiased Review ⎜ Ep. 1020
In this episode, we discuss whether Napier (in Hawke's Bay) is a good place for Kiwi property investors to purchase real estate.
We look at the anticipated population growth in the district, how productive the economy is, and how expensive house prices are compared to incomes.
6/27/2022 • 13 minutes, 31 seconds
Property Investment Statistics You Need To Learn By Heart ⎜ Ep. 1019
In this episode, we discuss 5 key statistics relating to property investment that investors need to learn by heart.
These include numbers relating to home ownership, the pace at which properties increase in value, and rental and income growth.
We also mention our upcoming property investment webinar, "Property in the Next 12 Months - What Can I Expect?", which is on tomorrow at 7pm. Click the link to register.
6/26/2022 • 13 minutes, 25 seconds
Case Study Sunday – $105k Passive Income In 10 Years. How These Investors Will Do It ⎜ Ep. 1018
In this episode, we are joined by Stevie Waring to discuss a case study of a pair of investors who plan to build a $105k passive income in just 10 years.
This includes a run down of their financial situation, so you can identify whether you might be in the same situation and see whether a similar approach might be right for you.
6/25/2022 • 14 minutes, 6 seconds
Renting vs Owning – Which Is Cheaper? An Honest Review + A Spreadsheet ⎜ Ep. 1017
In this episode, we discuss which works out better financially – renting or owning property.
This includes a deep dive into the numbers based on our new financial model, which you can download here.
We also walk through the pros and cons (of both) which can't be captured within the numbers.
6/24/2022 • 12 minutes
What Happens If I Can't Settle On My Property? Biggest Risk For Property Investors Today ⎜ Ep. 1016
In this episode, we discuss one of the biggest risks for property investors in today's market. That is the risk that you're unable to settle on a property you're unconditional on.
We walk through what you need to do to get settlement ready, as well what you're alternatives are if you genuinely can't settle.
6/23/2022 • 12 minutes, 46 seconds
Rorted by Renovations ... How Andrew Was Forced To Pay Up For Sub-Standard Work ⎜ Ep. 989
In this episode, we are joined by Shane Campbell to talk about a time where Andrew was forced to pay up for – what he perceived to be – sub standard work.
We talk through the specific laws that state that you need to pay up for construction work, and what you can do if you, as a property investor, find yourself in the same situation.
6/22/2022 • 14 minutes, 29 seconds
Should I Stay Engaged With the Property Market? Pros and Cons Explained ⎜ Ep. 1015
In this episode, we discuss whether property investors should stay engaged with the New Zealand housing market.
This includes both the pros and cons, which are loosely based on analysis completed by independent economist, Tony Alexander.
Ultimately this allows you to decide whether or not you should stay engaged with the market, or sit on your hands.
6/22/2022 • 14 minutes, 16 seconds
Case Study - Should I Develop Or Buy a New Build?⎜Ep. 1014
In this episode, we discuss a case study of whether a property investor should develop land that they already own. Or whether they should sell bare land and buy new builds instead.
6/21/2022 • 12 minutes, 9 seconds
Steve Goodey – Learnings From 25 Years In Property Investment ⎜ Ep. 1013
In this episode, we are joined by property investment coach, Steve Goodey to discuss what he's learned over the last 25 years of investing in property.
Over the last 3 decades, Steve has tried and been involved with almost everything to do with the property investment industry, from property education to development, to renovations and flips.
Want to keep in touch with Steve? Check out Steve Goodey's facebook, Instagram and website
6/20/2022 • 17 minutes, 54 seconds
Pay Down My Mortgage vs Invest In Property ... What Gives The Best Return? ⎜ Ep. 1012
In this episode, we debate which gives the better return, paying down your personal mortgage, or investing in property.
This includes an honest analysis of both the pros and cons of each strategy, so you can decide what makes better sense for you.
We also build this Pay Down Debt vs Invest calculator, which you can use yourself to get a sense of the different returns you might receive.
6/19/2022 • 11 minutes, 54 seconds
Case Study Sunday – $1,000 More Rent Per Week Using This Renovation Plan ⎜ Ep. 1011
In this episode, we are joined by Ilse Wolfe to discuss a case study of a property investor who increased the rent of their property by $1,000 a week.
We go through the exact renovations they conducted, and how they kept their costs low by thinking outside the square.
We also mention that if you'd like advice on how to do similar renovations, you can learn more about the Opes Accelerate programme.
6/18/2022 • 13 minutes, 39 seconds
How To Politely Say No To Your Tenants' Excessive Maintenance Requests ⎜ Ep. 1010
In this episode, we discuss how property investors can politely say no to tenants' excessive requests for maintenance.
We also go through how to figure out what maintenance needs to be done, and which can be saved for a later date.
We also go through different scenarios so you can get a sense of how to handle communication with your tenants.
6/17/2022 • 13 minutes, 22 seconds
Social Housing – The Reality Of Renting Your Property Out To Social Housing Providers ⎜ Ep. 1009
In this episode, we are joined by property investor, Ilse Wolfe, from Opes Accelerate to talk about renting your properties to Community Housing Providers.
This includes discussing who Community Housing Providers are, and what property investors need to know if they're going to rent to a social housing provider.
We also mention that if you want to work with Ilse and Opes Accelerate, you can click the link to learn more.
6/16/2022 • 17 minutes, 59 seconds
DDL In Receivership ... Another One Bites The Dust ... Developers Going Broke ⎜ Ep. 1008
In this episode, we discuss how property developer DDL Ormiston has gone into receivership.
We share what property investors need to know to avoid investing with a developer who may run into financial hardship.
This includes asking specific questions, searching the New Zealand Legal Information Institute, and using Companies Office records to determine where the major shareholder lives.
6/15/2022 • 13 minutes, 41 seconds
Cancel Your Insurance – How To Self Insure + What Property Investors Need to Know ⎜ Ep. 1007
In this episode, we discuss what property investors need to know about self insurance – the concept of having enough assets so that you don't need insurance.
This includes case studies and situations of who might be able to cancel their insurance, and who still needs to have it in place.
6/14/2022 • 13 minutes, 23 seconds
The Future of Renting in NZ ... Predictions, Forecasts, and The 3 Themes Property Investors Need To Know ⎜ Ep. 1006
In this episode, we discuss what the future of renting looks like in New Zealand.
This includes a look at both the supply and demand factors in play and how tenants will respond to rising rents and comparatively stagnant wages.
This will give you, as a property investor, a sense of how the rental market is likely to change over time.
6/13/2022 • 14 minutes, 57 seconds
Andrew's 5 Biggest Property Investment Mistakes ... + How To Avoid Them ⎜ Ep. 1005
In this episode, we discuss Andrew's top 5 mistakes in property investments, and what other investors can learn to avoid these same mistakes.
These include how to work with your property manager the right way, which repairs to do and which tenant request to ignore.
6/12/2022 • 12 minutes, 35 seconds
Case Study Sunday – This Investor Owns 25 Properties ... But Still Made This Mistake ⎜ Ep. 1004
In this episode, we are joined by mortgage adviser, Peter Norris, to discuss a case study of an investor who owns 25 rental properties.
The property investor put a property under contract, went unconditional, but then couldn't get the finance for the project. Peter walks through how this investor got the finance so they were still able to settle the property.
We also mention Catalyst Financial's Investment Ready service, where you work with a mortgage adviser to get in the financial position to invest. Click the link to sign up.
6/11/2022 • 14 minutes, 14 seconds
New Stats – 20% of Kiwis Think It's a Bad Time To Buy a House ... Why That Should Make You Smile ⎜ Ep. 1003
In this episode, we discuss the latest figures from the ASB Housing Confidence survey, and what property investors need to know.
This comes off the back of a recent stuff article, which discussed what New Zealanders think of the property market, and the opportunities that are there for property investors.
6/10/2022 • 10 minutes, 41 seconds
This Investor Could Loose $500,000 ... Here's Why + What They Should Do About Developers Not Settling ⎜ Ep. 1002
In this episode, we discuss how this property investor could lose over $500,000 because the developer they sold their property to is struggling to settle.
We go through the reasons why a developer might not settle a property and address the risks and benefits of selling to a developer.
Ultimately you can use this information to decide if you want to sell to a developer and decide what you can do if they struggle to settle.
6/9/2022 • 14 minutes, 21 seconds
Higher Interest Rates Coming – OCR Raised By 0.5% – Full Breakdown & Analysis ⎜ Ep. 1001
In this episode, we discuss the Reserve Bank's most recent Monetary Policy Statement and what it means for property investors and first home buyers.
We take apart and play clips from the Reserve Bank's press conference and decipher what it all means for regular people.
6/8/2022 • 12 minutes, 54 seconds
Episode 1,000 – Top Highlights From 1000 Episodes of The Property Academy Podcast ⎜ Ep. 1000
In this episode, we celebrate the last 1,000 episodes of the Property Academy Podcast and compare what's changed over the last 1,000 episodes.
This includes replaying some of our favourite moments, including those which never made it into the show.
Ultimately, this is our way of saying thank you for letting us be part of your property investment journey.
6/7/2022 • 14 minutes, 45 seconds
Wolfbrook – An Honest Review Of This Property Developer – Are They Any Good? ⎜ Ep. 999
In this episode, we discuss Wolfbrook – a property developer – and discuss whether their properties make good investments (or not).
This includes an honest analysis of the pros and cons of the properties, what we think of where they are building, and who their properties might be the right fit for.
6/6/2022 • 11 minutes, 26 seconds
How This Investor Can Use Property To Buy Her Family – Case Study ⎜ Ep. 998
In this episode, we discuss a case study to show how one property investor (and listener of the show) could use their portfolio to buy their family farm. This includes a discussion of the pros and cons of using property in this way, and how they might be able to do it.
6/5/2022 • 13 minutes, 8 seconds
Case Study Sunday: +$40k Household Income in 2 Weeks – How This Couple Did It (And You Can Too) ⎜ Ep. 997
In this episode, we are joined by Michelle Kinilau, a mortgage broker, to discuss a case study of how one of her property investors increased their household income by $40k in just 2 weeks.
This includes the similar steps you can take to replicate their success and what it could mean for your property investment portfolio.
You can also learn more about our mortgage and money strategy by using the Catalyst Financial Mortgage Playbook and Investor Ready spreadsheet.
6/4/2022 • 13 minutes, 38 seconds
Buying Property with a Friend – Pros and Cons ... Is it a Good Idea? ⎜ Ep. 996
In this episode, we discuss whether it is a good idea for first-time property investors to purchase a rental with a friend.
This includes an analysis of both the pros and cons, so you can decide for yourself whether purchasing a property this way is right for you.
6/3/2022 • 14 minutes, 15 seconds
Rental Assessments – Are They Worth The Paper They're Printed On? ⎜ Ep. 995
In this episode, we discuss whether property investors should pay much attention to rental assessments, or whether they're not worth the paper they're printed on.
This includes a rundown of how property managers actually create these rental assessments and the process you can follow to make sure that they are as accurate as possible.
6/2/2022 • 9 minutes
Bonus: [Full Audio] Top 5 Developers for First Home Buyers in Auckland – Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes First Home webinar where we looked at the "Top 5 Developers for First Home buyers in Auckland" with special guest Sammy Morrison.
6/2/2022 • 57 minutes, 19 seconds
Top 5 Developers For First Home Buyers in Auckland (Webinar Wrap Up) ⎜ Ep. 994
In this episode, we are joined by Sammy Morrison from Opes First Home to talk through the top 5 property developers for first home buyers based in Auckland.
This includes:
Aedifice,
CETA,
Western Property,
Tuakiri Property and
Jennian Homes
6/1/2022 • 13 minutes, 39 seconds
Bonus: How To 'Cashflow Hack' Your Property Investment Portfolio Using Renovations – Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Opes Accelerate webinar where we looked at "Cashflow Hack' Your Property Investment Portfolio Using Renovations" with Ilse and Dani and the seven strategies you can use to cashflow hack your renovation rental property.
5/31/2022 • 1 hour, 19 minutes, 8 seconds
Revealed: Where You Can Get Data For Free ... The Exact Data Ed Uses When Analysing A Property Market ⎜ Ep. 993
In this episode, we reveal the exact places where Ed gets data from (for free) to analyse a property market. These sources include:
REINZ,
Regional Economic Activity web tool,
Infometrics,
Infometrics ecoprofile,
Instant Data Scraper, stats.nz, and
Property Value
These are all awesome tools that property investors can use to make a more informed decision.
5/31/2022 • 12 minutes, 12 seconds
How Much Does It Cost To Retire? Exact Numbers On What Kiwis Really Spend In Retirement ⎜ Ep. 992
In this episode, we discuss how much Kiwis really spend in retirement. This is based on the Massey University Fin-Ed report, which reveals the actually amounts Kiwis spend once they stop working.
This allows you, as a property investor, to get a sense of how many assets you'll need in retirement to live a lifestyle that is comfortable for you.
5/30/2022 • 13 minutes, 23 seconds
Should I Sell My Property ... And Invest In Something Else While I Can? Rachel's Case Study ⎜ Ep. 991
In this episode, we discuss a case study of a property investor who is considering selling a property she currently has under construction.
We go through the arguments for selling the property in today's market. And we also discuss the flipside – the arguments against selling.
Ultimately, you can use similar thinking, when assessing your property investment portfolio, to come to the right decision for you.
5/29/2022 • 11 minutes, 46 seconds
Case Study Sunday – Separated With Few Assets, To On Track For $150k Passive Income. How This Investor Did It ⎜ Ep. 990
In this episode, we discuss are joined by Stevie Waring for Case Study Sunday. And in it we share the amazing story of a property investor who was separated with few investment assets ...
And how she has built a portfolio that is on track to give her a $150k income throughout her retirement.
We talk through the steps she took, and what you can learn from her incredible story.
5/28/2022 • 16 minutes, 8 seconds
Propellor Property Investments – An Honest Review ... Are Their Cashflow Projections Accurate? ⎜ Ep. 988
In this episode, we discuss property investment company, Propellor Property Investors, which is owned and run by Nikki Connors.
We go through their cashflow assumptions surrounding the properties they recommend and question whether the assumptions are solid (or not).
Ultimately, this will allow you as a property investor to better understand how the assumptions you put into a spreadsheet will impact the estimated returns.
5/26/2022 • 17 minutes, 10 seconds
Budget 2022 – How Does the Govt's Budget Impact Property Investors and First Home Buyers? ⎜ Ep. 987
In this episode, we discuss the government's budget and spending plans for 2022 and 2023. We specifically go through the impact on first home buyers and investors.
The main changes are for first home buyers and centre around the updated house price caps for the First Home Grant.
We also touch on Treasury's updated house price forecasts and the tax revenue that will be collected due to the government's interest deductibility changes.
Want to dig more into the budget yourself? Here is where you can download the whole pdf document.
5/25/2022 • 9 minutes, 51 seconds
3 Ways To Use The the Bank of Mum and Dad ... How To Structure It + How The Bank Treats It ⎜ Ep. 986
In this episode, we discuss how property investors and first home buyers can use the bank of mum and dad to get a kick start on their journey.
This includes looking at how the banks treat parental support, and the different options you have for structuring it.
5/24/2022 • 9 minutes, 44 seconds
Property Management Fees – How Much Does Property Management Cost? Real Numbers ⎜ Ep. 985
In this episode, we discuss how much property management costs and what different companies charge in today's market.
This includes what the different fees are, and which services tend to be included and not included in the base fee.
Ultimately this helps property investors decide how much they should budget for property management.
5/23/2022 • 16 minutes, 1 second
How to Get Out of an Unconditional Contract ⎜ Ep. 984
In this episode, we discuss how property investors can get out of an unconditional contract that they've already signed.
This is useful for investors and first home buyers who have signed a contract to buy a property and are now looking for a way out.
5/22/2022 • 13 minutes, 14 seconds
Case Study Sunday – Good Mortgage Broker vs Bad Mortgage Broker ⎜ Ep. 983
In this episode, we are joined by mortgage adviser and property investor, Ella Dromgool to discuss a recent investor she has worked with.
We share the story and why this investor's previous broker told them 'no', while Ella was able to get the bank to say 'yes'.
We also mention Catalyst Financial's new investor ready service, which you can sign up for through the contact form on the Catalyst website.
5/21/2022 • 13 minutes, 42 seconds
The Next 12 Months in Property – What's Going To Happen? ⎜ Ep. 982
In this episode, we discuss what the next 12 months in the New Zealand property market look like.
This is based on a question submitted by a fellow property investor and listener of the show, who is thinking about what to do over the next 12 months.
We also mention that you can run the numbers on your investment properties and download the Opes ROI spreadsheet for free, by clicking the link.
5/20/2022 • 14 minutes, 21 seconds
Best Places to Invest in Auckland, Right Now – What Do The Numbers Say? ⎜ Ep. 981
In this episode, we discuss where property investors should be looking for deals in the Auckland property market.
This includes a look at where properties are most affordable, where properties have had the highest historical capital growth, and where the highest yields are.
We also mention our new and updated maps of the Auckland property market, so you can explore the data yourself – least and most expensive, highest and lowest yields, and capital growth.
5/19/2022 • 13 minutes, 29 seconds
Rapid Fire: 20 Questions in 15 minutes. Your Mortgage Questions Answered ⎜ Ep. 980
In this episode, we answer property investors' questions from around New Zealand that were asked at our most recent property investment webinar.
This includes questions from how banks treat self-employed income to how interest-only periods work.
We also mention that we have just released The Ultimate Guide to Interest Only Mortgages video, which you can watch on our YouTube. Click the link to watch.
5/18/2022 • 13 minutes, 27 seconds
Australian Property Case Study – Should I Sell My Australian Property + Invest in NZ? ⎜ Ep. 979
In this episode, we discuss whether a listener of the show – and fellow property investor – should sell their property in Australia and invest in New Zealand.
This includes a deep dive into the Australian property market, and the considerations this investor should think through before selling and purchasing property.
We also mention that if you'd like a complimentary Portfolio Planning session, click the link to learn more and request your session.
5/17/2022 • 13 minutes, 54 seconds
Is the Auckland Property Market Munted? Arguments For and Against ⎜ Ep. 978
In this episode, we discuss whether the Auckland housing and property market is munted. This includes arguments both for and against the idea that the country's largest housing market is in severe decline.
This includes everything property investors should consider before investing in the city.
This includes an analysis of population growth, how economic factors tend to move in cycles, and what's in store for Auckland's economy.
We wrap up the episode by mentioning that if you want to come in for a complimentary Portfolio Planning session, we'd love to see you. Click the link to find out more and request your session.
5/16/2022 • 14 minutes, 18 seconds
What Happens When I Miss a Mortgage Payment? When Will The Bank Force Me To Sell? ⎜ Ep. 977
In this episode, we discuss what happens when a property investor or owner occupier misses a repayment on their mortgage.
This includes the bank's process and at what point they'll force you to sell your property.
We also talk through the different options you have if this should happen to you. The first step of which is to talk to a mortgage adviser – even if you don't already use one.
If you are looking for a recommendation, we mention that you might like to consider our mortgage advisory firm, Catalyst Financial.
5/15/2022 • 14 minutes, 47 seconds
Case Study Sunday – Real Investor Story ... How To Achieve Financial Freedom With Property ⎜ Ep. 976
In this episode, we discuss are joined by property partner and financial adviser – Maxine Clason-Thomas – to discuss a case study of one of her investors.
Here, Maxine shares how the investors will use property to achieve their financial goals. This includes the process of how they figured out what their wealth gap is, how many properties they'll need and how this couple got started in property.
5/14/2022 • 12 minutes, 44 seconds
Williams Corporation – An Honest Review ... Are Williams Corp Properties Good Investments? ⎜Ep. 975
In this episode, we discuss whether Williams Corporation properties are good investments. This includes a breakdown of both the pros and cons of investing in a Williams Corp property.
On the positives, we discuss their affordability compared to standalone homes, their use of space and the fact that the company has the size and scale to ensure that properties do get built.
On the flip side, they are more expensive than other new build townhouse developments; they often have poor cashflow because of their high prices and some investors question how quickly they'll increase in value.
For Apple – IC12340
5/13/2022 • 14 minutes, 2 seconds
3 Concepts that Explain The Psychology of The Property and Share Markets ⎜ Ep. 974
In this episode, we discuss why we get booms and busts in the property market, and what property investors need to know about the psychology of the market.
This includes a rundown of the boom, peak, downturn and trough phases of the property market and what investors are thinking at each phase.
Ultimately this will allow you to manage your own psychology so you can make informed investment decisions.
5/12/2022 • 14 minutes, 55 seconds
Bonus: Property Live – How to Get The Bank To Say' Yes' For Your 1st (or next) Investment Property – Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at "How to Get The Bank To Say' Yes' For Your 1st (or next) Investment Property" and the six strategies you can use to give you a better chance at getting that mortgage.
Click here to download the spreadsheet we share at the webinar and the bonus mortgage playbook.
5/11/2022 • 1 hour, 28 minutes, 46 seconds
ANZ Increases Servicing Test Rate ... How Much Less Can I Borrow? The Real Numbers ⎜ Ep. 973
In this episode, we discuss what property investors need to know about ANZ's new servicing test rate. We go through what servicing test rates are and how they are used.
And then, we reveal how much less you can borrow due to the change (about 6-8% less according to our numbers).
We also mention our new investment-ready spreadsheet, which you can use to estimate how much you can borrow and when you might be ready to purchase your next investment property. Click here to download the new spreadsheet.
5/11/2022 • 9 minutes, 38 seconds
What Should We Do? Sell Our Dream Home? The Hard Decisions This Couple Have to Make ... A Case Study ⎜ Ep. 972
In this episode, we discuss the hard decisions that these property investors need to make. We dig through their personal circumstances and their biggest challenges right now.
This includes whether the couple should sell their dream home to pay down debt, pay back their family and get ahead in investment.
5/10/2022 • 14 minutes, 58 seconds
Revealed: How the Banks Set Interest Rates ... What Goes Through Their Mind? ⎜ Ep. 971
In this episode, we discuss how the major banks set their interest rates. This includes a breakdown of where banks get their funding and the peculiar reason why bank funding costs went down during covid.
We also go through some of the basics that property investors need to know, like the net interest margin and how this has changed over time.
We wrap up the episode by mentioning our upcoming property investment webinar, which is on the day this podcast is released – Tuesday 10th May at 7pm. Click the link to register.
5/9/2022 • 14 minutes, 47 seconds
Negotiation Nail-biter – Help! I Negotiated Too Hard + Now I Don't Have A Buyer ⎜ Ep. 970
In this episode, we go through a case study of a property investor who is currently selling their rental. In this case, the investor had an offer, but countered and the buyer walked.
6 weeks later and they are still without a buyer. We discuss what the investor can do in this situation and why the buyer may have walked.
We also mention our upcoming property investment webinar, which is happening this Tuesday at 7pm. Click the link to register.
5/8/2022 • 10 minutes, 44 seconds
Case Study Sunday – How This Investor Plans to Use Property To Build a $60k+ Retirement Income ⎜ Ep. 969
In this episode, we discuss a case study of a property investor who plans to use property to fund their retirement lifestyle.
We go through their goals, how on track they were before property ... and the exact steps that they'll use to hit their goals using real estate.
Want help building a Wealth Plan? Book your own complimentary Property Portfolio planning session here. Click the link to request a session.
5/7/2022 • 13 minutes, 21 seconds
Inflation – It's Just a Game of Chicken – Unpopular Opinions on Inflation ⎜ Ep. 968
In this episode, we discuss what property investors need to know about inflation and how it will impact their property investment portfolios.
We go through how the Reserve Bank can influence and control inflation and what they really mean when they make scary speeches and predictions about the New Zealand economy.
We also mention our upcoming property investment webinar, which is happening this Tuesday at 7pm. Click the link to register.
5/6/2022 • 14 minutes, 55 seconds
Nest Egg vs Golden Goose Strategy – 2 Ways To Use Property To Fund Your Lifestyle ⎜ Ep. 967
In this episode, we discuss two different approaches to use investment properties to fund your lifestyle – the Nest Egg and the Golden Goose.
We discuss what is involved in the two strategies, how they work and the pros and cons of each. Ultimately this allows you to figure out how you might use property to fund your lifestyle.
We wrap up the episode by mentioning our upcoming property investment webinar, which is on Tuesday 10th of May at 7pm. Here you'll learn the 6 strategies you can use to turn the bank's 'no' into a 'yes'.
5/5/2022 • 15 minutes, 58 seconds
Real Estate Agents Fees: An Honest Comparison. Bayleys vs Harcourts vs Ray White ⎜ Ep. 966
In this episode, we compare the fees charged by real estate companies around New Zealand. This includes Bayleys, Harcourts, Ray White, Barfoot and Thompson and many other large real estate firms.
We give an honest breakdown of the fees charged, and introduce our own modelling so you can get a sense of how the different companies compare.
We also mention our upcoming property investment webinar, which is happening on Tuesday 10th May at 7 pm. You'll learn the 6 mortgage strategies property investors can use to keep borrowing from the bank.
5/4/2022 • 16 minutes, 18 seconds
Should I Airbnb My Property? Airbnb vs Long Term Rental ... Which Has Better Cashflow? ⎜ Ep. 965
In this episode, we discuss whether you should Airbnb your investment property and when Airbnb will be fully back up and running in the New Zealand market.
We also run a cashflow comparison between Airbnbing your property and renting it out on the long term rental market.
We also mention our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. You'll learn the 6 strategies you can use to get the bank to say yes to your mortgage application.
5/3/2022 • 11 minutes, 23 seconds
Cromwell – Is It a Good Place To Invest? An Honest, Data-Driven Review of This Tiny Town ⎜ Ep. 964
In this episode, we discuss whether property investors should consider Cromwell as a place to invest. This is based on an honest, data-driven analysis of this tiny town.
We dig into the potential population growth in Central Otago, the industries that support the town and analyse whether property prices are over or undervalued in today's market.
We also mention that we have our upcoming property investment webinar, which is happening on Tuesday 10th May at 7pm. Click the link to register.
5/2/2022 • 17 minutes, 22 seconds
Revealed: Where House Prices Are Falling Fastest – A Breakdown of the NZ Housing Market ⎜ Ep. 963
In this episode, we reveal where house prices are falling fastest right now ... and what property investors need to know.
This includes a deep dive into the variation in house price movements – for instance, which areas are falling, and which are holding or improving their value.
Want to dig more into the data? You can explore the data for yourself by digging into the interactive maps we created for this episode.
5/1/2022 • 12 minutes, 30 seconds
Case Study Sunday – How These Investors Will Achieve A Comfortable Retirement Using Property ⎜ Ep. 962
In this episode, we discuss a case study of a pair of investors who Andrew has recently worked with.
We walk through what the investors wanted to achieve for their retirement. Then we share how they'll use property to achieve these retirement goals.
Ultimately this will allow you to figure out how you might use property to achieve your life goals.
Want Andrew or the team to create a Wealth Plan for you? Learn more about our Wealth planning service here.
4/30/2022 • 13 minutes, 15 seconds
Can You Really Buy A Property Under Value? An Honest Review ⎜ Epi #961
In this episode, we discuss whether you, as a property investor, can really buy a property undervalued.
This includes a discussion about what instant equity is and whether you can really create it in today's market.
We also mention our upcoming property investment webinar, which is happening on Tuesday 10th of May at 7pm. Click the link to register.
4/29/2022 • 13 minutes, 14 seconds
Dual Key Apartment Review – Are They A Good Investment? Honest Pros and Cons ⎜ Ep. 960
In this episode, we discuss whether dual key apartments are a good investment. This includes who they might be the right fit for and who they could be the wrong fit for.
We also share the sort of gross yield you should expect to receive from a dual key apartment (or dual key townhouse) and how these multi-income investments work.
The show wraps up by mentioning our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. Here, you'll learn the 6 strategies that you can use to get Investor Ready.
4/28/2022 • 17 minutes, 37 seconds
7 Strategies To Manage Your Top-Up As Interest Rates Rise – For Property Investors ⎜ Ep. 959
In this episode, we discuss the 7 strategies that property investors can use to manage their top-up as interest rates rise.
That's because as the banks hike interest rates, more properties will become negatively geared. That's going to mean many property investors are going to need to set aside money to keep their property's bank accounts in the black.
As well as sharing the 7 strategies, we also mention that you can download our revised spreadsheet for free ... which allows you to figure out whether you could debt-finance a portion of these contributions.
4/27/2022 • 17 minutes, 9 seconds
Off Market Deals – How To Find Them + Top Mistakes To Avoid ⎜ Ep. 958
In this episode, we discuss what property investors need to know about off-market deals in today's market. This includes what they are and where to find them.
Andrew shares his experience of finding off-market deals and the sort of money he's been able to make. We also share the top mistakes that you need to avoid.
We also mention that we'd love to see you at our property investment webinar, which is coming up on Tuesday 10th May at 7pm. Click the link to register.
And remember you can find any previous episode using the podcast catalogue.
4/26/2022 • 15 minutes, 47 seconds
How Does The Bank View My Mortgage Application? How Do I Keep Growing My Property Portfolio? UMI Deep Dive ⎜ Ep. 957
In this episode, we discuss how the bank views your mortgage application and how property investors can continue to grow their property portfolios ... even as interest rates rise and bank criteria tightens.
We go through the 7 strategies you can use to counteract tougher banking criteria so you can continue investing.
We also mention our upcoming property investment webinar, where you'll learn the 6 strategies you can use to continue growing your portfolio. Click the link to register.
4/25/2022 • 13 minutes, 26 seconds
"Earn Baby Earn" – The Mortgage Strategy You Need To Know That Will Help You Borrow More ⎜ Ep. 956
In this episode, we talk about the Earn Baby Earn strategy, a mortgage play that could help you borrow more so you can grow your property investment portfolio sooner.
This strategy is all about increasing your provable income ... which includes asking your boss for a raise, renegotiating how your remuneration is structured or increasing your household's hours at work.
If you want to learn more about how to increase your ability to borrow, come along to our upcoming property investment webinar, where you'll learn the 6 mortgage strategies that property investors need to know.
4/24/2022 • 12 minutes, 13 seconds
Case Study Sunday: Under 30 and Buying Their 1st Investment Property ... How This Couple Are Doing It ⎜ Ep. 955
In this episode, we are joined by financial adviser and Property Partner, Derry Brown, to talk through a case study of a pair of property partners who are buying their first investment property before the age of 30.
We go through their incomes, what their house is worth, and the size of their current mortgage. This will give you a sense of whether you might be ready to get started investing in property.
We also mention that if you are keen to get a Wealth Plan, your next step is to book a complimentary Portfolio Planning Session. Click the link to learn more.
In this episode, we review property developer Reed Myers and whether you should purchase an investment property from them.
This is based on a recent Stuff article, which reported incompetence from the development company, leaving first home buyers' dreams shattered.
We also mention that you can use the New Zealand Legal Information Institute database to check out other developers who you might be purchasing from.
4/22/2022 • 11 minutes, 54 seconds
Review: Standalone Houses – Are They Still Worth Investing In? What Are The Opportunities? ⎜ Ep. 953
In this episode, we discuss whether property investors should still invest in standalone houses. We discuss the costs and the opportunities and where we see them in today's market.
This includes deep diving into Auckland, Christchurch, Hamilton, Whangarei and New Plymouth to identify the opportunities (both for new builds and existing properties).
We wrap up the episode by mentioning our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. Click the link to register.
4/21/2022 • 14 minutes, 8 seconds
OCR Lifts 0.5% ... Highest Increase For 22 Years. What Does It Mean For Your Property Investment Portfolio? ⎜ Ep. 952
In this episode, we discuss what the Reserve Bank's latest increase in the OCR means for New Zealand's property investors.
We go through the reasons property investors should and shouldn't worry. We also give predictions about where interest rates are likely to go, and how to respond.
We wrap up the show by mentioning that if you want up to date information about the NZ property market, subscribe to the Private Property newsletter. Every Thursday we send out a new update about what's going on and what property investors need to know.
4/20/2022 • 15 minutes, 19 seconds
Revealed: Real Investors Share Their Biggest Wins and Losses From Investing in Property ⎜ Ep. 951
In this episode, we share what real property investors say their biggest wins and losses have been since beginning their investment journey.
This data comes exclusively from the NZ Property Investor Magazine survey, completed earlier this year in February 2022.
We also mention our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. Click the link to register.
4/19/2022 • 14 minutes, 41 seconds
Banks vs Non Banks ... Which Are Lending More Money in 2022? CCCFA Update ⎜ Ep. 950
In this episode, we compare banks and non banks to see which are lending more or less in the wake of increased banking and lending regulation.
We show that there are way fewer mortgage applications turning into loans with the banks ... but for non-banks they appear to be approving the same number of applications as before.
We also mention our upcoming property investment webinar. This is where you'll learn the 6 strategies you can use to give yourself a better shot at the bank saying yes.
4/18/2022 • 15 minutes, 5 seconds
How Much Insurance is Too Much Insurance? Listener Case Study ⎜ Ep. 949
In this episode, we discuss a case study of a listener of the show who asks "how much insurance is too much insurance?"
We go through their current policies and what they are currently paying for them and explore what else they could do with the money they're currently paying towards these insurance policies.
Ultimately, this will allow you to think through what insurance is for and who much you really do or don't need.
4/17/2022 • 16 minutes, 1 second
Case Study Sunday – How This Kiwi Couple Will Retire on $150k With A Handful Of Properties ⎜ Ep. 948
In this episode, we are joined by Dennish Schipper – a property partner and financial adviser at Opes Partners – for case study Sunday.
This is where you hear the real financial plan of a fellow Kiwi property investors – along with what they plan to achieve and how they'll achieve it.
We also mention that if you'd like a property partner to create a Wealth Plan for your portfolio, then you can book your complimentary Portfolio Planning session here.
4/16/2022 • 13 minutes, 32 seconds
Boarding Houses vs Boarding Establishments ... What's the Difference? New Tax Rules ⎜ Ep. 947
In this episode, we discuss the new tax rules for boarding houses and what property investors need to know.
We go through how the IRD has created a new term – 'boarding establishments', which are exempt from the new tax rules. To qualify, a boarding establishment has to have at least 10 rooms that are not self-contained.
We also mention our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. You'll learn how to get the bank to say yes to your first (or your next) investment property.
4/15/2022 • 11 minutes, 42 seconds
In Or Out? New Tax Rules Finalised – Interest Deductibility Tax Update. Final Rules Announced ⎜ Ep. 946
In this episode, we discuss the new interest deductibility tax rules and what this means for property investors.
We go through which parts of the initial discussions and proposals are in and which are out, and the opportunities available for investors.
We also mention that you can read the IRD's special report on interest deductibility by clicking the link. And you can register for our upcoming property investment webinar on Tuesday May 10th, by clicking the link to register.
4/14/2022 • 16 minutes, 23 seconds
How Much Should I Spend on an Investment Property? – April 2022 ⎜ Ep. 945
In this episode, we discuss how much property investors should spend on an investment property in April 2022, and how much investment properties cost.
We walk through the areas of New Zealand where we see the most opportunity right now, along with the sort of strategies that tend to work in each.
We also mention our upcoming property investment webinar, which is on Tuesday 10th May at 7pm. Click the link to register.
4/13/2022 • 10 minutes, 48 seconds
Whangarei Renovation Case Study – $12k Passive Income + 3 Bedrooms Added ⎜ Ep. 944
In this episode, we are joined by property investor, Ilse Wolfe, to discuss a case study where a Whangarei based property investors added 2 additional bedrooms to their new investment property.
This increased the cashflow to $12k per year – even after the new interest deductibility tax laws. We talk through how they did it and what you can do to replicate their success.
We wrap up the show by mentioning that if you are keen to book a complimentary Cashflow Hack Planning session with Ilse, you can click the session to book.
4/12/2022 • 13 minutes, 55 seconds
How To Convert a House Into a Room by Room Rental – 3 Major Rules To Remember ⎜ Ep. 943
In this episode, we talk about how property investors can convert a house into a room by room rental. To walk us through the process we are joined by Ilse Wolfe from Opes Accelerate.
Here, Ilse takes us through her major rules – 1) keeping the number of rooms to 5 or less, 2) adding ensuites to each bedroom, and 3) looking for properties with at least 170 metres squared.
4/11/2022 • 13 minutes, 25 seconds
Landlord vs Investor ... Which One Are You? Which One Should You Be? ⎜ Ep. 942
In this episode, we discuss the difference between a landlord and a property investor. This includes approaches to building your portfolio, handling tenants and maintenance, through to the analysis you do on properties.
We go through the exact differences so you can decide which mindset/mentality you want to adopt.
We wrap up the show by mentioning that if you want to grow your portfolio in 2022, your next step is to come in for a Portfolio Planning Session. Click the link to book your complimentary session.
4/10/2022 • 15 minutes, 9 seconds
Case Study Sunday – 4 Houses To Build a Passive Income Through Property ⎜ Ep. 941
In this episode, we are joined by Stevie Waring to discuss a case study of a couple of property investors who are building a passive income through real estate.
She takes us through what they are hoping to achieve, how on track they were to build this passive income before property and their plan to hit their goals.
We also mention that if you want to book a complimentary Portfolio Planning Session, you can click the link to learn more and book.
4/9/2022 • 17 minutes, 15 seconds
What Does a Bad Investment Property Look Like? ⎜ Ep. 940
In this episode, we discuss what a bad investment property looks like. This is based on Andrew's experience looking for investment properties in today's market.
We give examples of what we consider to be a bad investment property, as well as what we consider to be good investments in today's market.
We also mention that you can book your own Portfolio Planning Session by clicking the link and booking in to come see us at Opes Partners.
4/8/2022 • 13 minutes, 47 seconds
Shares vs Property vs Funds vs Term Deposits ... An Honest Comparison ⎜ Ep. 939
In this episode, we discuss the differences between shares, property, funds and term deposits. Specifically, we go through the potential returns that can be gained from investing a small regular amount into each asset class.
This is based off modelling from our Return on Investment spreadsheet, which you can download by following the link. This will allow you to compare the different asset classes based on a property.
We also mention that you can watch the video version of this podcast on the Opes Partners YouTube channel. Click the link to watch and subscribe.
4/7/2022 • 14 minutes, 44 seconds
Bonus: Property Live - How to Avoid the 8 Things That Can Go Wrong with Property Investment - Webinar Audio
In this special bonus episode, you'll hear the audio from the recent Property Live webinar where we looked at "How to Avoid the 8 Things That Can Go Wrong with Property Investment".
We looked at what could go wrong, and the strategies that you can use to deal with each "hurdle".
4/6/2022 • 1 hour, 23 minutes, 41 seconds
Why Is My Property Negatively Geared + Should I Sell? 7 Reasons + Ways To Respond ⎜ Ep. 938
In this episode, we discuss 7 reasons why your property could be negatively geared, as well as ways to respond.
This covers things like your mortgage set to principal and interest, rather than interest-only, and not increasing your rent to the market rate.
Ultimately this is going to allow you as a property investor to ensure your cashflow is as healthy as it possibly can be.
4/6/2022 • 12 minutes, 43 seconds
What Do I Do During Settlement For An Investment Property? The Ultimate Guide ⎜ Ep. 937
In this episode, we discuss what property investors need to know about what happens at settlement for a property.
This includes talking about what actually happens at a pre-settlement inspection and when you need to be thinking about finance and insurance.
Finally, we wrap up the show by mentioning our weekly newsletter – Private Property, which is delivered to you every Thursday afternoon. Click the link to register for free.
4/5/2022 • 15 minutes, 27 seconds
Pros and Cons of Retiring With Debt – What Property Investors Need To Know ⎜ Ep. 936
In this episode, we discuss what property investors need to know about retiring with debt. This comes after a previous episode where we profiled an investor who retired at 34 and still owed money to the bank.
We talk through the pros and cons, and who retiring with bank debt would be the right and wrong fit for.
Finally, we wrap up the episode by mentioning our property investment webinar, which is on the day this episode is released. It's happening on Tuesday April 5th at 7pm. Click the link to register.
4/4/2022 • 14 minutes, 15 seconds
Interest Rate Predictions – How High Will They Go? Exact Figures Discussed ⎜ Ep. 935
In this episode, we discuss what property investors need to know about where interest rates are heading in the New Zealand market.
We discuss the Reserve Bank's official cash rate and how it impacts the 1-year fixed interest rate. This includes introducing a simple rule that you can use to estimate what the 1-year fixed rate 'should be.'
We also mention that if you want to learn more about what's going on in NZ property, you should sign up for Private Property, our weekly newsletter for property investors.
4/3/2022 • 16 minutes, 7 seconds
Case Study Sunday – This Couple's Plan To Build a $150k Passive Income [Real Numbers] ⎜ Ep. 934
In this episode, we introduce a new segment to the show – Case Study Sunday, where we'll share the real life numbers and plans for a listener of the show.
In today's Case Study Sunday, we go through the plans and details of a pair of Auckland investors who want to build a $150k passive income in just over 20 years.
We go through their plan, the properties they are buying and what steps they'll take over the years.
4/2/2022 • 12 minutes, 43 seconds
2-Bedroom Townhouses – Are They A Good Investment? An Honest Review ⎜ Ep. 933
In this episode, we discuss whether 2 bedroom new build townhouses are a good investment. This includes reviewing the stats and data on how quickly townhouses have increased in value based on the number of bedrooms.
We also look at where townhouses are being built and how popular they're becoming in different areas of the country.
We wrap up by mentioning our upcoming property investment webinar, which is on this Tuesday at 7pm. Click the link to register.
4/1/2022 • 19 minutes, 17 seconds
6 Lies Real Estate Agents Tell You – An Honest Review With Micky Limmer ⎜ Ep. 932
In this episode, we discuss the 6 lies that real estate agents tell homeowners, property investors and property buyers. For this, we are joined by real estate agent, Micky Limmer.
The 6 lies include – the price estimate for what your property might sell for, that the real estate agent gives good customer service to the buyers and lies around what the market is doing at any one time.
We also mention our upcoming property investment webinar, where you'll learn the 8 things that can go wrong when you invest in property. It's on Tuesday April 5th at 7pm. Click the link to register.
3/31/2022 • 15 minutes, 24 seconds
How To Get Top Dollar When Selling Your Property in Today's Market ⎜ Ep. 931
In this episode, we are joined by Micky Limmer from Opes Property to discuss how to get top dollar when selling your property in today's market.
We go through the 3 P's – presentation, promotion and the sales process. Together, these three principles will help you prepare your property for sale.
We also mention our upcoming property investment webinar where we'll discuss how to avoid the 8 things that go wrong when you invest in property. Click the link to register.
3/30/2022 • 13 minutes, 53 seconds
When Should I Sell An Investment Property? The 3 Tests You Must Know Before Selling ⎜ Ep. 930
In this episode, we discuss when property investors should consider selling a property. In particular, we introduce three simple rules that must be true before you commit to selling.
1) You would not buy the property back at today's value (minus your sale costs)
2) When you have a better use for those funds, and will invest in something else.
3) And when no other special circumstances apply e.g. bright line test.
Together these tests will let you know when it might be time to consider selling a property.
We wrap up the show by mentioning our upcoming property investment webinar, which is on Tuesday 5th April at 7pm. Click the link to register and learn how to avoid the 8 most common property investment mistakes.
3/29/2022 • 15 minutes, 19 seconds
The Debt Destroyer Strategy – The Must-Know Mortgage Tactic If You're Struggling To Get Your Mortgage Approved ⎜ Ep. 929
In this episode, we discuss what property investors need to know about the Debt Destroyer strategy. This is a way for borrowers to improve their chances at getting their mortgage approved.
It helps people who are struggling to get a mortgage approved because they have too many 'bubblegum debts' and aren't keeping up with all their repayments.
We also mention that we'd love to see you at our upcoming property investment webinar – How to avoid the 8 things that can go wrong with property investment. Click the link to register it is on Tuesday 5th April at 7pm.
3/28/2022 • 13 minutes, 26 seconds
Homes.co.nz vs Oneroof vs QV vs TradeMe – Which Is The Best Online Valuation Tool? ⎜Ep. 928
In this episode, we compare the main online valuation tools that property investors and home buyers use in New Zealand. We go through a comparison to see which is the most accurate.
We also dig through homes.co.nz data to see how accurate their valuations tend to be ... we find that they are not as accurate as you might think.
You can follow along our analysis by watching the video version of the show on our YouTube channel. This is where you'll be able to see what we're working through.
We wrap up the show by mentioning our upcoming webinar – How to avoid the 8 things that can go wrong with property investment. It's happening on Tuesday 5th April at 7pm. Click the link to register.
3/27/2022 • 17 minutes, 15 seconds
"I'm 21 – How Should I Invest in Property?" – How To Start Investing In Property ⎜ Ep. 927
In this episode, we answer a question from a listener of the show – Ben – who wants to know how he should be investing in property.
We walk through what investors at the 'starting blocks' need to do, and how they should take their first steps to get started on the property ladder.
We also mention our upcoming property investment webinar – How to avoid the 8 things that can go wrong with property investment – which is happening on Tuesday 5th April at 7pm. Click the link to register.
3/26/2022 • 14 minutes, 50 seconds
The KiwiSaver Crash – What It Means For First Home Buyers Today ⎜ Ep. 926
In this episode, we discuss how some first home buyers KiwiSaver accounts have gone down in value in recent months.
We walk through why it's happened and what you need to know if you are planning on using your KiwiSaver to purchase a property over the next year or so.
We also mention our upcoming webinar: How to avoid the 8 things that can go wrong with property investment, which is happening on Tuesday 5th April at 7pm. Click the link to register.
3/25/2022 • 13 minutes, 13 seconds
The Fast 5 – The 5 Ways First Home Buyers Can Build Their Deposit ⎜ Ep. 925
In this episode, we discuss the 5 deposit sources that first home buyers can use to purchase their first properties.
This includes mentioning KiwiSaver, government support, the bank of mum and dad, sale of assets and savings.
If you'd like to learn more about the Fast 5, check out our First Home Buyers webinar, which was recorded earlier this year.
And be sure to come along to our property investment webinar on April 5th to learn ... How to avoid the 8 things that can go wrong with property investment.
3/24/2022 • 12 minutes, 55 seconds
Case Study: How Angela Strang Built A Passive Income From Here Property Investment Portfolio ⎜ Ep. 924
In this episode, we discuss how Angela Strang built a property investment portfolio, which now pays her a passive income.
We go through her start in the Australian mines, through to how she purchased her first investment property. This includes both the highs the lows. The wins and the failures.
We also mention that you really should follow Angela on Instagram, her account is financiallyfree_by33.
3/23/2022 • 17 minutes, 54 seconds
Retired by 34 – How Angela Strang Built a Passive Income + Retired in her 30's | Ep. 923
In this episode, we are joined by Angela Strang, a Southland-based property investor to talk about how she retired by the age of 34.
We talk about how she has built a passive income through property investing and how she got her start in property.
We also walk through what retirement means for Angela and how she spends her time now that she is retired.
3/22/2022 • 15 minutes, 56 seconds
Hated Lending Law Gets A Revamp – But Has Anything Changed With the CCCFA? ⎜ Ep. 922
In this episode, we talk about how the controversial and much hated CCCFA law has undergone a small revamp after Minister for Commerce – David Clark, announced changes.
We walk through the bank's responses and whether anything will change to your ability, as a property investor, to get lending from a bank.
The episode then wraps up by talking through what's happening with this law ... including the review from the Council of Financial Regulators.
3/21/2022 • 12 minutes, 25 seconds
The Hidden Costs of Buying A House – The Ones You Always Forget About! ⎜ Ep. 921
In this episode, we talk about the hidden costs of buying a house that property investors and first home buyers always forget about.
This includes all of the set-up costs that it takes to buy a property like lawyers fees, valuers fees, and flights and accommodation costs to view rental properties outside your town.
Want to learn more about property? Check out the Opes Partners YouTube channel, every Wednesday we release a brand new video to teach you how to become a more successful property investor.
3/20/2022 • 14 minutes, 1 second
5 Bargaining Chips You Can Use When Negotiating A Property Investment Deal (Other Than Price) ⎜ Ep. 920
In this episode, we discuss the 5 things that property investors can ask for when negotiating their next property investment deal.
This includes adding or removing car parks, asking for a lower deposit, negotiating for drapes, blinds and appliances and a healthy homes guarantee.
If you'd like more detail on how to use these bargaining chips and how to negotiate a good deal, check out our most recent 'How to get a screaming good deal in 2022' webinar
3/19/2022 • 12 minutes, 31 seconds
8 Insanely Practical Ways To Negotiate a Profitable Property Purchase ... Step-by-Step Guide ⎜ Ep. 919
In this episode, we discuss how property investors can negotiate property purchases in the current property market. This includes running through all of the tactics that listeners can actually use.
This includes a run down of when to negotiate and what sort of things you can ask for. For instance, we recommend getting a property under contract before negotiating.
We also mention that if you want to grow your property portfolio in 2022, then you can always come see us for a portfolio planning session.
3/18/2022 • 15 minutes, 24 seconds
Case Study – Can I Build a $100k Passive Income in 18 Months? See Whether It's Possible ⎜ Ep. 918
In this episode, we discuss how property investors and listeners of the show – Carol and Duncan – might build a passive income of $100k per year, over the next 18 months.
We go through their current situation and whether they are currently on track for this goal. We talk through their current portfolio as well as the options they have.
We then wrap up the show with an honest discussion about their current goals and situation and what changes they would need to make.
3/17/2022 • 15 minutes, 40 seconds
How Investors Can Legitimately Help ... If Tenants Can't Pay Rent⎜Ep. 917
In this episode, we try a new approach. This episode is for both property investors and their tenants. We talk through the options tenants have if they legitimately can't pay rent.
The idea is that property investors and property managers can share this with tenants if they're struggling. For instance, we talk about the Work and Income Rent Assistance, which can be used by some tenants to help make up their payments.
We also mention the check.msd.govt.nz calculator, which can give you a sense of the benefits that you may be eligible for.
3/16/2022 • 15 minutes, 14 seconds
Data Day – New Data Shows How The NZ Property Market Is Going Right Now ⎜ Ep. 916
In this episode, we discuss what property investors need to know about how the property market is performing right now.
We go through the details to show that property prices are much the same as the previous month, but how the rental market is booming right now.
We also mention that if you want to watch the video-version of the podcast, you can find that on the Opes Partners YouTube channel.
3/15/2022 • 15 minutes, 50 seconds
$840k Made In 2 Years ... How This Couple Scored a Scorcher-Deal In New Plymouth – Sanjay + Ais ⎜ Ep. 915
In this episode, we are once again joined by property investors, Sanjay and Ais to discuss how they scored a scorcher of a deal in New Plymouth.
We walk through how the couple is transforming a 2-dwelling 1-title property into 4 dwellings with 4 separate titles. We walk through the numbers and how the couple scored the deal.
We also walk through what property investors who are looking for similar results should do to follow in the couple's foot setps.
3/14/2022 • 16 minutes, 53 seconds
From $36k in Debt to Making $800k+ on a Single Property Deal ... The Inspiring Story of Sanjay and Ais ⎜ Ep. 914
In this episode, we are joined by property investors, Sanjay and Ais to discuss how they went from over $30k in debt to making hundreds of thousands of dollars through property.
Sanjay and Ais were the winners of The Deal – our recent colab event with the Waikato Property Investors Association.
We go through how they grew their portfolio and acquired their first property, and reveal the sacrifices they made to make it all happen.
3/13/2022 • 16 minutes, 29 seconds
Build to Rent Explained – Should I Invest in a Build To Rent Fund? ⎜ Ep. 913
In this episode, we discuss what property investors need to know about Build to Rent. We talk through what Build to Rent is as well as who it's right and wrong for.
We mention that Build to Rent can potentially be a good way for passive investors to earn a stable yield from their properties. However, they are probably not the right fit for investors focussed on growing their wealth.
If you're the sort of investor looking to grow their wealth, that's where you might like to use to Opes Property Coaching programme to help you create a plan and then find the right properties.
3/12/2022 • 14 minutes, 38 seconds
Exact Process To Implement The Split Banking Strategy ... A Hot To Guide ⎜ Ep. 912
In this episode, we discuss the exact process property investors can use to implement the split banking strategy. This is where a borrower uses multiple banks rather than just one.
This includes the documentation required, a step by step guide of who does what, and what it all costs
We also mention that if you would like to take your property investment portfolio further in 2022, you can always come in for a complimentary portfolio planning session.
3/11/2022 • 13 minutes, 48 seconds
Will The Govt's Tax Changes Create Two Classes of Property? And How Long Will They Last? ⎜ Ep. 911
In this episode, we discuss whether the government's upcoming interest deductibility tax changes will create two tiers of properties – new builds and existing properties.
We discuss whether one type of property will grow more quickly than the other, and also how long we believe the interest deductibility changes might last.
We wrap up the show by mentioning that you can watch the entire episode with all the video clips and data on the Opes Partners YouTube channel.
3/10/2022 • 14 minutes, 29 seconds
Bonus: How to find a Screaming Good Deal in 2022 – Webinar Audio
In this special bonus episode, you'll hear the audio from a recent "How to find a screaming good deal in 2022" webinar where we looked at how and where the deals are to be had in property investment, and share Andrew's own "Nicol's negotiating 9" tips to help you get a better deal.
3/9/2022 • 1 hour, 21 minutes, 51 seconds
"The Bank is Forcing Me to Sell my House" ... Do You Really Know What you're Signing? ⎜ Ep. 910
In this episode, we discuss a situation where a property investor claims the bank is trying to force him to sell a property. We talk through the details of the situation and what you need to know.
We then read through a real contract from a major New Zealand bank, pointing out the terms and conditions, and then ones you might usually over look.
Ultimately, this lets you know what you need to look out for when signing a lending agreement with a major New Zealand bank, and some of the hidden risks.
3/9/2022 • 14 minutes, 5 seconds
8 Problems That Can Happen When You Invest In a New Build – The Honest Truth ⎜ Ep. 909
In this episode, we discuss the 8 problems that can happen when property investors decide to purchase and invest in a new build.
This includes discussions about the property market dropping, the property not being built right, the developer going bust and a host of other potential issues (along with how to solve them).
We also mention that you can watch last night's webinar on the Opes Partners webinar library, click the link to watch the recording.
3/8/2022 • 17 minutes, 3 seconds
9 Things That Often Go Wrong When You Buy an Investment Property + How To Avoid Them ⎜ Ep. 908
In this episode, we are joined by Toby Pascoe – a property investor and financial advisor – to discuss the 9 things that often go wrong when you buy an investment property.
We cover everything from the market dropping to taking on too much debt, and even your bank going bust.
You'll also learn how to avoid these mistakes or how to deal with them if the worst should happen.
3/7/2022 • 14 minutes, 15 seconds
High Income ≠ Rich ... Why You Can Earn A High Income and Still Be Poor ⎜ Ep. 907
In this episode, we are once again joined by Toby Pascoe, a property investor and financial adviser. Here, we compare rich and poor mindsets.
We discuss why high income does not equal rich, and why low income does not equal poor. You can still earn a high income and be poor, and you can earn a low income and be rich.
We also mention our upcoming property investment webinar which is coming up on Tuesday 8th March at 7pm. Click the link to register to learn how to find a screaming good deal in 2022.
3/6/2022 • 18 minutes, 8 seconds
29 Year Old Property Investor Owns 5 Properties ... Here's How He Did It. A Case Study ⎜ Ep. 906
In this episode, we are joined by property investors and financial adviser, Toby Pascoe. Here, Toby shares how he has built a portfolio of 5 investment properties in only 8 years.
He takes us through what he's learnt while building his investment portfolio, as well as what he would do differently if he did it all again.
We also mention our upcoming property investment webinar which is coming up on Tuesday 8th March at 7pm. Click the link to register to learn how to find a screaming good deal in 2022.
3/5/2022 • 18 minutes, 49 seconds
The Winners and Losers from Inflation – Not Everyone Will Lose⎜Ep. 905
In this episode, we discuss who the winners and losers of inflation are. This includes who inflation will make relatively better off, and who inflation will make relatively worse off.
The winners include borrowers (generally property investors), some shareholders, and skilled workers who are able to negotiate an increase in their pay.
On the other hand, the losers are savers, some other shareholders and beneficiaries who have no ability to influence the amount they are paid.
3/4/2022 • 15 minutes, 12 seconds
Bonus: How to Buy Your First Home in 2022 – Auckland Edition – Webinar Audio
In this special bonus episode, you'll hear the audio from a recent First Home Buyers webinar where we looked at How First Home Buyers can use the "Fast 5" to help them buy their first home.
This includes the formulas you need to use when calculating your mortgage, how to get your deposit together, and an analysis of specific properties we presented.
3/4/2022 • 1 hour, 21 minutes, 54 seconds
Is It Still Worth Investing If House Prices Fall? Investing At The Bottom of The Market ⎜ Ep. 904
In this episode, we discuss whether property investors should still invest in property if house prices fall. This comes off the back of yesterday's show where we discussed the Reserve Bank's house price predictions.
We go through the reasons why it is impossible to time the market, and instead, investors should try to create the dip, rather than buy the dip.
Want to learn how to get a good deal in 2022? Come along to our upcoming property investment webinar to learn how to get a screaming good deal in 2022.
3/3/2022 • 12 minutes, 38 seconds
MUST LISTEN: Reserve Bank Lifts Interest Rates + Gives House Price Predictions ⎜ Ep. 903
In this episode, we discuss the Reserve Bank's most recent change to the Official Cash Rate and what was said during their monetary policy statement.
We detail their house price predictions and what it means for property investors who are looking to grow a portfolio in 2022.
We also mention our upcoming property investment webinar, which is on Tuesday March 8th at 7pm. We're talking about how to find a screaming good deal in 2022.
3/2/2022 • 15 minutes, 9 seconds
Regulated: Property Managers to Face New Laws ... Is It A Good Thing For Property Investors? ⎜ Ep. 902
In this episode, we discuss how property managers are soon to be more closely regulated. We talk through what that regulation looks like and what it means for property investors.
This includes some surprising revelations, like that trust accounts for property managers aren't currently a legal requirement ... and what that small detail means to the risks investors are taking on.
Thinking of investing in 2022? Come in for a Property Portfolio Planning session, to take the next steps in your property investment journey.
3/1/2022 • 13 minutes, 4 seconds
Caveats – How To Legally Stop Someone From Selling Their House ⎜ Ep. 901
In this episode, we discuss what property investors need to know about caveats. These legal processes allow one person to prevent someone else from selling their house.
We talk about when you can use a caveat, and when you should steer clear. We also talk about how to remove one, if someone else puts a caveat on your house.
2/28/2022 • 14 minutes, 45 seconds
New Builds vs Existing ... Which is Better? Andrew + Ilse Debate Head to Head ⎜ Ep. 900
In this episode, Andrew and Ilse debate whether new builds or existing properties with renovation potential are better for property investors.
Andrew takes the side of new builds, arguing that they are better for passive property investors. Ilse takes the side of existing properties, talking through the ability to increase their value.
We also mention that id you're keen for a portfolio planning session with Ilse, you can request a complimentary session on the Opes Accelerate page.
2/27/2022 • 10 minutes, 45 seconds
Equity vs Cashflow – Which Is More Important? Debate Between Andrew and Ilse ⎜ Ep. 899
In this episode, we debate whether equity or cashflow is more important for property investors in New Zealand.
In this debate, Andrew is arguing for equity and capital growth. On the other hand, Ilse is arguing for cashflow and yield.
We also mention that if you'd like a portfolio planning session with Ilse, you can request one here on the Opes Accelerate info page.
2/26/2022 • 9 minutes, 58 seconds
Case Study: New Plymouth Double Duplex – How These Two Investors Will Make $$$ in New Plymouth ⎜ Ep. 898
In this episode, we are joined by Ilse Wolfe to discuss how two investors plan to renovate a pair of New Plymouth duplexes to increase their value and cashflow.
We walk through how the deal was negotiated and what the plans are for the pair of properties.
We also mention that if you'd like a complimentary portfolio planning session with Ilse, you can find out more and request one here on the Opes Accelerate info page.
2/25/2022 • 14 minutes, 31 seconds
How Andrew Negotiated a $35k Discount on a Property ... + How To Negotiate With Developers ⎜ Ep. 897
In this episode, we discuss how Andrew negotiated a significant discount off a property and how Andrew negotiates with developers in general.
As a property investor or first home buyer, you want to negotiate the best price for any property you buy. You can use these tactics to negotiate with developers yourself in future.
We also mention our upcoming First Home Buyers webinar, which is on Tuesday March 1st at 7pm. Click the link to register.
2/24/2022 • 15 minutes, 19 seconds
House Prices Down = Deals. Deals. Deals. How to Make The Most of Falling House Prices ⎜ Ep. 896
In this episode, we discuss how house prices have fallen in New Zealand over the last 2 months. We let you in on what property investors need to know.
This includes a look at how softer house prices provide the opportunity for deals within the property market.
For a look at the graphs mentioned in this episode, check out the Opes Partners YouTube channel to watch the video version of the show.
2/23/2022 • 15 minutes, 53 seconds
Case Study: First Home Buyer Uses $120k of Government Money As Deposit For First Home ⎜ Ep. 895
In this episode, we are joined by a first home buyer who explains how they used government money to buy their first home.
We go through the details of the First Home Partner programme and discuss the requirements for access, as well as how first home buyers can buy out the government's stake.
2/22/2022 • 15 minutes, 54 seconds
Listener Question: How Do Banks Decide If I Can Have an Interest Only Loan? ⎜Ep. 894
In this episode, we answer a property investor's question about how the banks test and approve interest-only mortgages.
We walk through the bank's criteria and why an interest-only mortgage can be harder to get than a principal and interest mortgage.
We also mention that if you plan to grow a property portfolio in 2022, you should check out the Opes Property Coaching programme. This is the programme that may be able to help you build a property portfolio in 2022.
2/21/2022 • 10 minutes, 46 seconds
How Much Does Financial Advice Cost? Real Numbers Revealed And Costs Explained ⎜ Ep. 893
In this episode, we discuss how much property investors should expect t to spend on personalised financial advice. This includes revealing how much different companies charge for advice.
We explain that there are two types of financial advice – free and paid – and how financial advisers get paid if they do offer free advice.
We also mention the Opes Property Coaching programme, which is our free service. We also have the Opes Property Portfolio Analysis, which is our paid service.
2/20/2022 • 14 minutes, 44 seconds
Help! My Parents Are Getting Divorced ... How Do I Help My Dad Buy The Family Home Off Mum? ⎜ Ep. 892
In this episode, we discuss a case study of a property investor who wants to help their dad buy their mum out of the family home.
We go through the situations where there is a relationship breakdown and how one partner is able to purchase the other half of the home from the other partner.
We also go through the different options for a child who wants to help their parents make this purchase.
2/19/2022 • 13 minutes, 43 seconds
Mythbusters – Can I Really Save Thousands Paying My Mortgage Off Weekly vs Monthly?⎜Ep. 891
In this episode, we discuss whether homeowners and property investors really can save thousands of dollars by paying off their mortgage on a weekly basis, rather than monthly.
This includes an analysis of when the payments are made and whether paying your mortgage off weekly really does result in extra payments.
We run all our calculations through this spreadsheet, which you can download by clicking the link.
2/18/2022 • 13 minutes, 58 seconds
How to Flip a House. The Right Way ... Part #3 With Tyge Dellar From Demo To Reno ⎜ Ep. 890
In this episode, we are joined by Tyge Dellar from Demo to Reno, to discuss how to flip a house to increase its value ... the right way.
This includes the process that Tyge uses to flip houses, and what property investors who want to follow his example can do to get similar results. You can check out all of the case studies mentioned on the Demo to Reno website.
To learn more about flipping houses, check out the demo_to_reno Instagram. Tyge shares his day to day for you to follow along to.
2/17/2022 • 13 minutes, 17 seconds
Flipping Houses #2 – How Tyge Dellar Made $500k in 8 Weeks ⎜ Ep. 889
In this episode, we are joined by Tyge Dellar from Demo to Reno, to discuss case studies of where he has flipped houses and made significant profits.
This includes a case study of where Tyge made $500k in just 8 weeks through flipping a single house. You can check out all of these case studies on the Demo to Reno website.
To learn more about flipping houses, check out the demo_to_reno Instagram. Tyge shares his day to day for you to follow along to.
2/16/2022 • 14 minutes, 10 seconds
Flipping Houses – What It's Really Like ... with Tyge Dellar from Demo To Reno ⎜ Ep. 888
In this episode, we are joined by Tyge Dellar from Demo to Reno, to discuss the lifestyle of someone who flips houses for a living.
You'll learn what a flipper gets up to during their day, as well as how Tyge got into flipping houses. This is so you as a property investor can decide if flipping might be the right fit for you.
To learn more about flipping houses, check out the demo_to_reno Instagram. Tyge shares his day to day for you to follow along to.
2/15/2022 • 15 minutes, 14 seconds
What Is a Reducing Mortgage? Save $60k in Interest By Changing Your Mortgage Structure ⎜ Ep. 887
In this episode, we discuss what a reducing mortgage is and how property investors can use them to save interest payments to the bank.
We go through who this type of mortgage would be the right fit for, and what it means for your mortgage repayments.
Thinking about growing your property portfolio in 2022? Our Opes Property Coaching programme could be a good fit for you. Click the link to learn what the service includes, and to see if it's the right fit for you.
2/14/2022 • 12 minutes, 18 seconds
I'm Having a Baby! Should I Tell The Bank? How It Impacts Your Mortgage Application ⎜ Ep. 886
In this episode, we discuss whether property investors should tell their bank that they're having a baby.
We talk through how it impacts your mortgage application and how the bank will assess your ability to pay the mortgage once the baby arrives.
Thinking about growing your property portfolio in 2022? Our Opes Property Coaching programme could be a good fit for you. Click the link to learn what the service includes, and to see if it's the right fit for you.
2/13/2022 • 9 minutes, 13 seconds
4 Ways To Negotiate a Sunset Clause So The Developer Can't Put Up The Price ⎜ Ep. 885
In this episode, we discuss the 4 ways property investors can negotiate a sunset clause to protect themselves and stop the developer from putting up the price.
This includes making it so only you as the purchaser can cancel the contract under the clause, getting rid of the clause altogether, and making it so that the clause can't be used to increase the price.
Thinking about growing your property portfolio in 2022? Our Opes Property Coaching programme could be a good fit for you. Click the link to learn what the service includes, and to see if it's the right fit for you.
2/12/2022 • 17 minutes, 10 seconds
How Often Should I Get An Update From My Developer During Construction ⎜ Ep. 884
In this episode, we discuss how often property investors can expect to receive an update from their developer about the progress of a build they have under contract.
We give you an example of what a good quality build update looks like, along with what every build update should include.
Thinking about growing your property portfolio in 2022? Our Opes Property Coaching programme could be a good fit for you. Click the link to learn what the service includes, and to see if it's the right fit for you.
2/11/2022 • 11 minutes, 19 seconds
Bank Takes $145,000 From Property Investor's House Sale ... Without Asking ⎜ Ep. 883
In this episode, we discuss a recent property investment story, where a bank took $145,000 of an investor's sale proceeds ... without asking.
The money was used to pay down the investor's personal debts, which they were unable to afford (under the bank's calculations) after one of the investors recently changed jobs.
This reinforces the need for property investors to employ the split banking strategy in order to protect themselves.
We also mention the Opes Property Coaching programme. If you want to start or grow a property investment portfolio this year, then your next step is to come and see us for a Portfolio Planning Session.
2/10/2022 • 12 minutes, 21 seconds
The Deal: 4 Case Study's From Waikato Property Investors Association – Wrap Up From Last Night ⎜ Ep. 882
In this episode, we discuss 4 property investment case studies from last night's event at the Waikato Property Investors Association.
We go through each of the deals and reveal the winner from the event, who will be featured on the podcast in future, as well as in the NZ Property Investor mag.
We also mention that if you'd like us to run this sort of event at your property investors association, then email us at [email protected].
2/9/2022 • 17 minutes
Bonus: How to Find the Right New Build Investment Property For You – Webinar Audio
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we looked at How to find the Right New Build Investment Property for your portfolio and what clauses to be aware of in the contract.
This includes the top 7 property investment developers, how to negotiate with a developer, and an analysis of specific deals we presented.
2/9/2022 • 1 hour, 34 minutes, 41 seconds
Top 7 Developers You've Never Heard of For Property Investment and First Home Buyers ⎜ Ep. 881
In this episode, we discuss who the top 7 developers are for both property investors and first home buyers. This includes: Oakridge, Safari Group, Atlas Property, CETA developments, Freedom Built, Jack Lourie and Aedifice.
We go through the reasons we like each developer, who they're the right fit for and the sorts of properties they tend to build.
We also mention that if you want to see the recording of the property investment webinar, you can find it here in the webinar library.
2/8/2022 • 12 minutes, 34 seconds
Revealed: What Property Investors Care About – NZ's Largest Survey of Property Investors ⎜ Ep. 880
In this episode, we discuss the Resimac NZ Property Investors Survey, which was carried out by both NZ Property Investor Magazine and the NZ Property Investors Federation.
We go through the data and share how property investors are feeling about the market right now. This includes why property investors are purchasing property and their attitudes in general.
We also mention that tonight (the day this recording is released) is our monthly property investment webinar. It's on at 7pm. Click the link to register.
2/7/2022 • 15 minutes, 43 seconds
What Happens If I Damage The Tenant's Property?⎜Ep. 879
In this episode, we discuss a recent Tenancy Tribunal case where a property investor's heat pump damaged a tenant's TV.
We discuss what the tenant claimed in damages and how landlords could respond to create a fair outcome for all.
We also mention our upcoming property investment webinar, which is happening on Tuesday 8th February at 7pm. Click the link to register.
2/6/2022 • 11 minutes, 33 seconds
Case Study: Build a Passive Income In 3 Years Through Property Investment. Exact Steps ⎜ Ep. 878
In this episode, we discuss one more case study of a property investor who is a listener of the show. We go through her situation to discuss how she could build a passive income over the next 3 years.
This includes an analysis of the types of properties she could buy and how to use these properties to pay off debt more quickly to increase her equity more quickly.
We also mention that if you'd like a Property Portfolio review, you can request one with Andrew through the link.
We also mention that we have an upcoming property investment webinar where you can learn how to find the right new build for you. We're going live on Tuesday 8th February at 7pm. Click the link to register.
2/5/2022 • 14 minutes, 37 seconds
Case Study: Property Investors Grow From 4 to 7 Properties in Just 3 Years. The Exact Steps They're Taking ⎜ Ep. 877
In this episode, we discuss a recent property investment review that Andrew conducted for one of the property investors he was working with.
We walk through how these two business owners are planning to grow their portfolio from 4 to 7 properties over a short 3 year period.
We also mention that if you want this sort of advice from Andrew, you can book a Property Portfolio review here.
We also mention our upcoming property investment webinar, which is happening this Tuesday at 7pm. Click the link to register.
2/4/2022 • 14 minutes, 38 seconds
Case Study: Property Investor On Track To Build $180k Passive Income ... The Steps They're Taking | Ep. 876
In this episode, we discuss a case study of a property investor that Andrew has been working with, and how they're on track to build a $180k passive income through property.
We walk through the steps they are taking to respond to interest deductibility rules, and how they're building their portfolio.
Want to learn more about property investment? Come along property investment webinar, which is happening on Tuesday 8th February at 7pm. Click the link to register.
We also mention that if you want advice from Andrew, like this, check out the Property Portfolio review.
2/3/2022 • 12 minutes, 47 seconds
When Should I Go Straight To A Non Bank Lender? Non Bank vs Main Bank When To Go To Each ⎜ Ep. 875
In this episode, we are once again joined by Peter Norris from Catalyst Financial to discuss when it's the right time for an investor to go to a non-bank lender, rather than a main bank.
We go through the process of the questions to think through in order to make the right decision for you.
We also mention our upcoming property investment webinar which is happening on Tuesday 8th Webinar at 7pm. Come along to learn how to find the right new build property for you. Click the link to register.
2/2/2022 • 11 minutes, 27 seconds
8 Non-Bank Lending Mortgage-Products You've Never Heard of – For First Home Buyers and Investors ⎜ Ep. 874
In this episode, we are joined by Peter Norris from Catalyst Financial to discuss 8 different mortgage products that can be used by first home buyers and property investors.
These products are from non-bank lenders including Resimac, Avanti, Liberty and Pepper Money. We discuss the pros and cons of each, as well as who they are the right fit for.
Want to learn more? Come along to our upcoming Property Investment Webinar, which is on Tuesday 8th February at 7pm. You'll learn how to find the right new build for you.
2/1/2022 • 15 minutes, 2 seconds
Going Broke: Developer Goes Under ... The Only Time It's Not An Issue ⎜ Ep. 873
In this episode, we discuss how a development company associated with Oaks Living, a developer, went into liquidation.
However, we discuss how in this instance it is not a serious cause for concern for the investors. We explain the reasons why and what the story really is.
The show wraps up by discussing our upcoming property investment webinar, where you'll learn how to choose the right new build investment property for you. It's on Tuesday 8th February at 7pm. Click the link to register.
1/31/2022 • 13 minutes, 58 seconds
Should I Become a Renter-Landlord? The Exact Point Where It Makes Sense ⎜ Ep. 872
In this episode, we discuss the exact point where it makes economic sense for someone who owns property to become a renter landlord.
We go through the figures and discuss this spreadsheet, which you can use to figure out the exact point where it makes sense to switch to renting.
The show wraps up by discussing our upcoming property investment webinar, where you'll learn how to choose the right new build investment property for you. It's on Tuesday 8th February at 7pm. Click the link to register.
1/30/2022 • 12 minutes, 27 seconds
Data Day: What's Happening in The NZ Property Market Right Now? ⎜ Ep. 871
In this episode, we discuss new data released by the Real Estate Insititute of New Zealand, which shows how the Kiwi property market is operating right now.
We go through the number of sales, the change in prices and compare it to the number of properties currently on the market.
The show wraps up by discussing our upcoming property investment webinar, where you'll learn how to choose the right new build investment property for you. It's on Tuesday 8th February at 7pm. Click the link to register.
1/29/2022 • 12 minutes, 39 seconds
The History of Social Housing in NZ ... What Property Investors Need to Know ⎜ Ep. 870
In this episode, we discuss the history of social housing in New Zealand and what property investors need to know.
We go through how social housing has changed based on the government in power, and how the actual properties have changed based on the needs of the occupants. Ultimately, you can use this information to put the current market into context.
The show wraps up by discussing our upcoming property investment webinar, where you'll learn how to choose the right new build investment property for you. It's on Tuesday 8th February at 7pm. Click the link to register.
1/28/2022 • 12 minutes, 31 seconds
How Big Can I Grow My Property Portfolio? New Data Released From Reserve Bank ⎜ Ep. 869
In this episode, we discuss how large a property portfolio investors can grow over time. This is based on new modelling released by the Reserve Bank of New Zealand.
We go through the data and the analysis and share how many properties investors can buy based on the number of houses they currently own and the debt servicing restrictions that are currently in place.
We also mention that if you want to read the analysis yourself, you can read the consultation paper here.
The show wraps up by discussing our upcoming property investment webinar, where you'll learn how to choose the right new build investment property for you. It's on Tuesday 8th February at 7pm. Click the link to register.
1/27/2022 • 10 minutes, 10 seconds
How Do I Pay Less Tax On My Investment Properties? Tax Minimisation 101 For Property Investors ⎜ Ep. 868
In this episode, we discuss how property investors can minimise the amount of tax they have to pay on their properties.
We discuss both how to minimise your taxable profit – without harming your underlying profits – and how to use the appropriate structure to minimise your tax rate.
We also mention our upcoming property investment webinar, where you'll learn how to find the right new build property for you in 2022. It's on Tuesday 8th February at 7pm. Click the link to register.
1/26/2022 • 17 minutes, 44 seconds
How Will Omicron Impact Interest Rates and Build Times? Omicron Impact on Property Investors ⎜ Ep. 867
In this episode, we discuss how the new wave of Covid-19 will impact the New Zealand property investors, both in terms of interest rates and build times.
We start by going through how this Omicron outbreak will impact inflation and both demand and supply-side measures. This informs how interest rates will likely react.
We round out the episode by mentioning our upcoming property investment webinar, which is on February 8th at 7pm. Click the link to register.
1/25/2022 • 12 minutes, 38 seconds
Mortgage Declined Because of $187 Kmart Trip – The Credit Crunch + The CCCFA ⎜ Ep. 866
In this episode, we discuss several case studies of borrowers who were declined by their banks after the CCCFA legislation was introduced.
We talk through what property investors and first home buyers need to know, as well as the industry's response. We also mention that if you want to get involved you can sign this parliamentary petition.
We wrap up the episode by mentioning the Next Steps Property Investment course. In this course you'll be able to figure out whether we're the right fit to help you in your property investment journey in 2022.
1/24/2022 • 10 minutes, 29 seconds
MUST LISTEN: Debt To Income Ratios Probably Coming In – Reserve Bank Consultation Paper ⎜ Ep. 865
In this episode, we discuss what property investors need to know about the Reserve Bank's intentions to introduce a debt to income ratio.
We talk through the RBNZ Debt Serviceability Restrictions Consultation paper, and when and how debt to income ratios may come in.
We also mention the Next Steps property investment course, which will help you decide what your next step is in property investment in 2022.
1/23/2022 • 15 minutes, 40 seconds
How To Win At The Tenancy Tribunal – The 3 Step Tribunal Process + Tips To Win ⎜ Ep. 864
In this episode, we discuss how property investors can win at the Tenancy Tribunal. This includes a walkthrough of the 3-step tenancy process.
We talk through FastTrack resolutions, mediation and then actually going to court.
We also mention our Next Step property investment course, which helps you decide what the right next step in property is for you in 2022.
1/22/2022 • 14 minutes, 18 seconds
How Do I Teach My Kids About Money And Investing? Including Barefoot Investor For Families ⎜ Ep. 863
In this episode, we discuss how to raise money aware children, including how much pocket money to give them and how to teach them about finance,
This is primarily based on the Barefoot Investor for families, a popular Australian personal finance book.
We also mention our Next Steps property investment course, which will help you figure out whether we are the right next step for you in 2022.
1/21/2022 • 15 minutes, 24 seconds
Case Study: Should I Buy A Nicer House Or Invest? Real Numbers From Auckland Investor ⎜ Ep. 862
In this episode, we discuss a case study from a listener of the show, James, who wants to know whether he should trade up his property and buy a nicer house, or begin investing in property.
We go through the details of James' situation and give you ideas for how you could analyse your own situation to see what your options are.
If you'd like us to do an episode around your situation, send us a message through the Opes Partners Instagram.
Just remember, this is a podcast, it's not personalised financial advice. It's just a show to give you some ideas about what you 'could' do, we're not telling you what you 'should' do.
1/20/2022 • 14 minutes, 25 seconds
How Investors Can Use Delayed Settlements + Early Access When Renovating ⎜ Ep. 861
In this episode, we discuss how property investors can use delayed settlements and early access when renovating properties to decrease their mortgage costs.
This includes examples of when you can use these strategies and what types of properties you're most likely to negotiate this access on.
We also mention our Next Steps property investment course, where you can figure out whether we can help you on your next step in property investment.
1/19/2022 • 14 minutes, 39 seconds
Is Blenheim A Good Investment? Should I Buy a Property in Blenheim? ⎜ Ep. 860
In this episode, we discuss whether property investors should purchase properties in Blenheim and whether Marlborough is a good place to invest.
We discuss whether houses in the city are over or undervalued and how the population is expected to change over time, as well as other housing indicators.
We wrap up the episode by mentioning our next steps property investment course. This is the course that can help you decide what you next step in property investment is.
1/18/2022 • 12 minutes, 36 seconds
5 Hidden Costs of Owning a Holiday Home ⎜ Ep. 859
In this episode, we discuss the 5 hidden costs of owning a holiday home as a property investor.
This includes things like: not being able to borrow as much from the bank, not purchasing the best type of asset, and losing out on rental income that you could have received.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/17/2022 • 11 minutes, 28 seconds
HELP! What Do I Do If My Tenants Don't Pay Their Rent? ⎜ Ep. 858
In this episode, we discuss what property investors should do if their tenants don't pay rent. This includes going through the residential tenancies act to let you know of your rights as a landlord.
We talk about how to react and make sure that you don't get rid of a good tenant if they're just going through a temporary rough patch.
We also mention that we are currently running an NZ Property Investors Survey as part of the NZ Property Investors Magazine. If you take the survey you'll receive a code to get 50% off your annual subscription to the mag.
1/16/2022 • 10 minutes, 30 seconds
What Happens When Sea Levels Rise and My House Is Under Water? Global Warming Impact on Property Investment ⎜ Ep. 857
In this episode, we discuss how rising sea levels will impact property investors around New Zealand.
We talk about how 1.2% of KiwiBank's mortgage lending is at risk of extreme coastal flooding, which is expected to rise to 1.8% by 2050.
We also go through how the banks and insurance companies might react.
We also mention that we are currently running an NZ Property Investors Survey as part of the NZ Property Investors Magazine. If you take the survey you'll receive a code to get 50% off your annual subscription to the mag.
1/15/2022 • 14 minutes
Case Study: What Should I Invest In Next To Create $200k in Passive Income? ⎜ Ep. 856
In this episode, we go through a case study from a listener of the show to discuss what this property investor should invest in next to create a passive income.
We cover the different options for the investor, including investing in shares, paying off debt and purchasing more property.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/14/2022 • 14 minutes, 51 seconds
5 Mortgage Strategies You Can Use To Pay Your Mortgage Off Faster ... And Borrow More To Invest ⎜ Ep. 855
In this episode, we discuss 5 different mortgage strategies that property owners, investors and first home buyers can use in order to pay their mortgages off more quickly.
This includes the mortgage buster strategy, the debt destroyer, the 2% better strategy, the roll-up and wrestle and the divide and conquer.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/13/2022 • 15 minutes, 32 seconds
NZ Building Standards Increasing – How The Cost To Build a House Will Change ... Edward from Orange Homes ⎜ Ep. 854
In this episode, we are again joined by Edward from Orange Homes to discuss how the NZ building standards are soon to become more stringent.
We talk through what property investors need to know along with how the cost to build a house will change.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/12/2022 • 13 minutes, 20 seconds
Increasing Cost of Building Materials – A Developers Perspective – Edward From Orange Homes ⎜ Ep. 853
In this episode, we are joined by Edward from Orange Homes to discuss how the cost of building materials is increasing, and how these cost increases are being passed on to purchasers.
We discuss the communications that purchasers and property investors get when building materials increase and how they're handled.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/11/2022 • 15 minutes
How Do I Deal With Squatters Who Won't Leave My Property? ⎜ Ep. 852
In this episode, we discuss how property investors can manage squatters who occupy and then refuse to leave their properties.
We talk through the legislation – chiefly the residential tenancies act – as well as a case study for how these matters can become complicated.
We also mention that we are currently running an NZ Property Investors Survey as part of the NZ Property Investors Magazine. If you take the survey you'll receive a code to get 50% off your annual subscription to the mag.
1/10/2022 • 15 minutes, 10 seconds
Renovations Case Study: Cashflow Hack + Hamilton Home and Income Conversion with Ilse Wolfe ⎜ Ep. 851
In this episode, we are joined by renovations coach Ilse Wolfe to discuss a recent property investor case study in Hamilton.
Ilse walks through how she spotted the opportunity to renovate and the numbers on the property once completed.
Want to learn more about investing in existing properties? Make sure to follow @ilsewolfenz on Instagram. And if you're looking for more personalised help, make sure to check out Opes Accelerate.
1/9/2022 • 15 minutes, 21 seconds
How Do I Find The Right Deal + Get A Good Price On It? Renovations and Existing Properties With Ilse Wolfe ⎜ Ep. 850
In this episode, we discuss how property investors can find and then negotiate a good deal, specifically for existing properties.
This includes looking out for faded or damaged for sale signs, changing sales processes, reduced prices or changed agents in order to find vendors who are willing to negotiate on price.
Want to learn more about investing in existing properties? Make sure to follow @ilsewolfenz on Instagram. And if you're looking for more personalised help, make sure to check out Opes Accelerate.
1/8/2022 • 13 minutes, 39 seconds
Should I Invest in Hawera, South Taranaki? Are Properties In Hawera a Good Investment? ⎜ Ep. 849
In this episode, we discuss whether properties in Hawera, South Taranaki, are a good investment for Kiwi real estate investors.
We go through the yields and purchase prices of Hawera and the surrounding towns, as well as the benefits and drawbacks of the area.
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/7/2022 • 17 minutes, 18 seconds
Houses vs Townhouses vs Apartments ... Which Increases In Value The Fastest? New Data Revealed ⎜ Ep. 848
In this episode, we discuss what property investors need to know about which type of property gets the most capital growth – houses, townhouses or apartments.
We share new data about which increases in value the fastest, and how strong the trends are ... along with real numbers you can use.
We also mention that we have already recently released a YouTube video to discuss these figures in depth. Click here to watch the video – Houses vs Townhouses vs Apartments.
1/6/2022 • 11 minutes, 57 seconds
MUST LISTEN – Exact Process To Find Your First Home + Tips They Don't Tell You In School ⎜ Ep. 847
In this episode, we lay out the exact process that first home buyers can use in order to find the right first home for them.
This includes a number of tactics that first home buyers can use in order to decrease the purchase price to get the property under the limits of the First Home Grants.
Looking for help to find your perfect first home? Check out Opes First Home, which is specifically there to help you get your first start in property.
1/5/2022 • 14 minutes, 52 seconds
First Home Buyer Case Study – How This 1st Home Buyer Purchased Their First Property in Waikato ⎜ Ep. 846
In this episode, we are joined by Sammie Morrison from Opes First Home to explain how one first home buyer was able to purchase their first property in the Waikato.
We talk through the unique process that was used to find the land and the developer to build the property.
We also mention that if you would like help to purchase your first home, then you can check out Opes First Home, our service to help first home buyers get their start in property.
1/4/2022 • 13 minutes, 49 seconds
Conflicting Advice – What Do I Do If 2 Accountants Tell Me Different Things? Listener Case Study ⎜ Ep. 845
In this episode, we discuss what property investors should do when they get conflicting advice from property investment accountants.
This topic comes from a listener of the show, who recently had two property accountants say totally opposite things.
Want to learn more about how to structure your ownership to minimise tax? Check out our Pilfered or Protected webinar, which explains the benefits and drawbacks of the different options.
1/3/2022 • 11 minutes, 37 seconds
Don't Overpay! ... How Do I Make Sure I Don't Overpay For a New Build Property? ⎜ Ep. 844
In this episode, we discuss how property investors can make sure that they don't overpay when purchasing a new build property.
This includes how to get a sense of how the property market is priced right now, and where to get that information from (and which information to ignore).
We then wrap up the episode by mentioning our Next Steps course, which is designed to help you figure out whether we're the right fit to help you in your property investment journey or not.
1/2/2022 • 14 minutes, 38 seconds
Case Study: What If My Parents Sell Me A House For Less Than It's Worth? Bank of Mum and Dad ⎜ Ep. 843
In this episode, we discuss whether it is a good idea for a parent to sell an investment property to their child for less than it's worth.
We go through how the bank will treat the situation, as well as how to structure the purchase based on what the first home buyer needs.
We also mention our Next Steps course, which will help you figure out whether we're the right fit to help you reach your property investment goals in 2022.
1/1/2022 • 10 minutes, 45 seconds
Today is Your Day ... Motivation To Get 2022 Off To The Right Start ⎜ Ep.842
In this episode, we get you fired up for the year in 2022. We talk through that there will always be reasons not to invest in property. But, that you only need one to get you going.
You'll also learn how to motivate yourself to keep going with investment property throughout the year.
Finally, if you're looking for some help to invest in property this year, we've just launched the Next Steps course. This will help you decide whether we're the right next step for you or not.
12/31/2021 • 10 minutes, 40 seconds
Goal Setting – 3-Step Framework For How To Set Goals (That You'll Actually Achieve) in 2022 ⎜ Ep. 841
In this episode, we discuss how to set property investment goals that you will actually achieve in 2022. This includes our 3-step goal setting framework that you can actually use.
We give you a case study for how to use the framework to set some goals, and also how to continually remind and motivate yourself to achieve them.
We wrap up the episode by mentioning our Next Steps course, which helps you decide what you next step is for property investment in 2022.
12/30/2021 • 9 minutes, 53 seconds
Investors Who Inspired Us in 2021 ... Andrew and Ed Reveal Their Top Case Studies From 2021 ⎜ Ep. 840
In this episode, Andrew and Ed reveal their top investors and case studies who inspired them in 2021.
This primarily focuses on a mix of regular property investors, who are building modest portfolios, rather than mega landlords who own 20 properties+.
We wrap up the episode by mentioning our Next Steps course, which helps you decide what you next step is for property investment in 2022.
12/29/2021 • 10 minutes, 51 seconds
Commercial Property vs Residential Property Investment – An Honest Review of the Differences ⎜ Ep. 839
In this episode, we are joined for the last time by Jack Lourie, a Christchurch based developer and commercial property investor.
Here, Jack talks about the differences between commercial property investment and residential property investment in New Zealand.
We wrap up the episode by mentioning our Next Steps course, which helps you decide what you next step is for property investment in 2022.
12/28/2021 • 17 minutes, 48 seconds
How To Get Started In Commercial Property – Investor Reveals What He'd Do If Starting Again ⎜ Ep. 838
In this episode, we are once again joined by developer and commercial property investor, Jack Lourie, to discuss how to get started in commercial property investment.
This includes what Jack would do if he was to start again as a commercial property investor in today's market, and what he'd do from there.
We wrap up the episode by mentioning our Next Steps course, which helps you decide what you next step is for property investment in 2022.
12/27/2021 • 16 minutes, 56 seconds
Case Study: The Curious Case of the Biblical Tree Root – When Developments Go Wrong ⎜ Ep. 837
In this episode, we are joined by property investor and developer, Jack Lourie, to discuss a case where property investment didn't quite go to plan.
We go through what the issue was for the property investor – which includes details of a biblical-sized tree root – along with the steps taken to fix the issue.
We wrap up the episode by mentioning our Next Steps course, which helps you decide what you next step is for property investment in 2022.
12/26/2021 • 16 minutes, 17 seconds
Best of the Best Revealed ... Which Suburbs Grew In Value Fastest in 2021? Where Are The Best Yields? ⎜ Ep. 836
In this episode, we discuss Corelogic's Best of the Best report, which reveals which suburbs grew in value fastest in 2021.
It also covers where the most expensive and cheapest areas are in New Zealand, along with which suburbs provide the best rental yields for property investors.
Want to figure out your next step in property investment in 2022? Check out the Next Steps course, which helps you figure out whether our programme is the right fit to help you in 2022.
12/25/2021 • 12 minutes, 56 seconds
All I Want For Christmas is ... What We Hope Santa Brings Down The Chimney in 2022 ⎜ Ep. 835
In this episode, we share what we hope Santa will bring down the chimney for property investors in 2022.
This includes a discussion of bank lending requirements and a review of what we asked for last year.
12/24/2021 • 10 minutes, 4 seconds
Our Biggest Money Mistakes + The Things We're Embarrassed To Admit ⎜ Ep. 834
In this episode, we answer the 7 key questions and conversation starters that all property investors should ask the family around the dinner table this Christmas.
This includes admitting our own biggest money mistakes ... including having credit card debt, spending too much and giving up on opportunities.
12/23/2021 • 19 minutes, 3 seconds
7 Conversation-Starters For Money-Discussions Around the Dinner Table This Christmas ⎜ Ep. 833
In this episode, we discuss 7 conversation-starters and questions to ask to get money-related discussions going around the dinner table before this Christmas.
Throughout the show, we talk about our How to Help Out Your Kids and Family webinar which might also get the property-related conversations going.
We also mention the Next Steps Video Course, which has just gone live. This course will tell you whether we're the right next step for you or not.
12/22/2021 • 12 minutes, 16 seconds
9 Christmas Gift Ideas For That Hard-To-Buy-For Property Investor ⎜ Ep. 832
In this episode, we discuss 9 different gifts that you can buy for the hard-to-buy-for-property investor in your family.
This includes books, renovations materials, courses, memberships to the local property investors associations or a subscription to either Informed Investor Magazine or NZ Property Investor Magazine.
We also mention the Next Steps Video Course, which has just gone live. This course will tell you whether we're the right next step for you or not.
12/21/2021 • 13 minutes, 5 seconds
I'm a Kiwi Living Overseas – How Do I Get The Money To Invest in Property From a NZ Bank? ⎜ Ep. 831
In this episode, we discuss how Kiwis living overseas can get the money to invest in a New Zealand investment property.
We talk through how the banks treat your income, as well as how they will test your over-seas expenses. This will give you a sense of the process for investing in NZ property from overseas.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
12/20/2021 • 12 minutes, 1 second
Newly Announced: Government Relaxes Healthy Homes Standards For These Property Investors ⎜ Ep. 830
In this episode, we discuss the newly announced Healthy Homes standards, which relax the standards for some property investors.
We go through what these new standards are and who they apply to, as well as what this means for property investors who are already compliant.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
12/19/2021 • 10 minutes
🐂💩 News Stories – Countering The Anti-Landlord Propaganda in the NZ Media ⎜ Ep. 829
In this episode, we discuss and counter some of the anti-landlord propaganda that is creeping up and into the New Zealand media.
We talk through what was stated in the property investment-related stories, along with what the journalists got right and wrong.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
12/18/2021 • 13 minutes, 33 seconds
Should I Invest In These Lower-Cost Commercial Units? Including How To Finance Them ⎜ Ep. 828
In this episode, we discuss whether property investors should consider investing in lower-cost commercial units based out of Christchurch.
We dig into the details to go through whether they are a good investment and also talk through how to finance these sorts of properties.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
12/17/2021 • 11 minutes, 54 seconds
Case Study: Evicting Tenants Through The Tenancy Tribunal – The Process ⎜ Ep. 827
In this episode, we discuss the process that the Tenancy Tribunal goes through when seeking to evict a property investor's tenants.
We go through a case study from a property investor in Tokoroa, along with what happened with her rental property.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a brand new video to help you become a more successful property investor.
12/16/2021 • 13 minutes, 46 seconds
Bonus: Predictions and Forecasts for Property Investment in 2022
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we looked back on our predictions for this year and give our predictions for property in 2022.
12/15/2021 • 1 hour, 34 minutes, 17 seconds
How to Assess The Health of a City's Rental Property Market – Based on Data ⎜ Ep. 826
In this episode, we discuss how property investors can assess the health of city or suburb's rental market based on the facts numbers and data.
We take you through where to find the data including:
Stats NZ – Stats about a place tool, and
TradeMe data on how many rentals are available at any one time.
Ultimately, this allows you to determine how long your vacancy period might be in that surburb or city.
12/15/2021 • 13 minutes, 40 seconds
How To Invest For Your Stage and Strategy ... Ask Yourself These 4 Specific Questions ⎜ Ep. 825
In this episode, we discuss how Kiwi property investors can invest for the specific stage that they are up to in their property investment journey.
We talk through the troubles and problems that exist in the property investment industry, where everyone thinks their's is the best strategy, and how to combat it.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
12/14/2021 • 13 minutes, 44 seconds
Should I Invest In Visitor / Short Term Accommodation in Wanaka? ⎜ Ep. 824
In this episode, we discuss whether property investors should consider parking their money in visitor accommodation in Wanaka.
We discuss what this unique investment opportunity is, along with the good and the bad ... for instance the properties are cheap and high yielding ... but have lesser ability to achieve capital growth into the future.
We also mention that tonight (Tuesday 14th December) is our monthly property investment webinar, register to come to hear predictions and forecasts for the year ahead.
12/13/2021 • 17 minutes, 52 seconds
Rich People Are Terrible With Money – Here's Why Lower Income People Are Better With Money ⎜ Ep. 823
In this episode, we discuss why higher-income people are worse with money than people on lower incomes.
We talk about what property investors need to know, and why people with more money need to take action sooner rather than later.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December. Click the link to register.
12/12/2021 • 13 minutes, 57 seconds
Lending For Flipping – Will The Banks Lend You Money To Flip Houses? ⎜ Ep. 822
In this episode, we discuss whether banks will lend money to property investors for the purpose of flipping properties.
We discuss when a bank would tlend for this purpose, and when they wouldn't. We also mention that if the banks don't lend, then non-bank lenders, like Basecorp, can be an option.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. Click the link to register.
12/11/2021 • 16 minutes, 30 seconds
What Do I Do At a Pre Settlement Inspection? – For a New Build ⎜ Ep. 821
In this episode, we discuss what property investors need to do at a pre-settlement inspection, especially for a New Build.
We talk through what you need to take with you, including lamps, phone charges, sale and purchase agreements and everything else.
We also mention our upcoming property investment webinar, which is happening this Tuesday at 7pm. Click the link to register.
12/10/2021 • 12 minutes, 52 seconds
How To Increase The Rent – Part #3 – How To Figure Out The New Market Rent ⎜ Ep. 820
In this episode, we discuss how to figure out how much to increase the rent by when reviewing the rent for a potential investment property.
This includes a 5 step process, from checking the market rental increase to seeing the yield your property earns compared to others, followed by looking at Tenancy services and conducting an analysis of the properties on TradeMe to see how they compare.
We also mention our upcoming property investment webinar, which is on Tuesday 14th December at 7pm. Click the link to register.
12/9/2021 • 15 minutes, 41 seconds
How To Increase The Rent – Part #2 – Is My Property Under-rented? ⎜ Ep. 819
In this episode, we discuss what property investors need to do to increase the rent on their investment properties.
This includes how to figure out whether your property is under-rented or not. We mention our Auckland rental yield calculator and Christchurch rental yield calculator. You can use these tools to see how the yield on your property stacks up.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. Click the link to register.
12/8/2021 • 12 minutes, 26 seconds
How To Increase The Rent – Part #1 – The Legal Process You Need To Follow ⎜ Ep. 818
In this episode, we discuss what property investors need to do to increase the rent on their investment properties.
This includes the legal process for increasing the rent, as well as what tenants can do if they don't agree with the rental increase.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. Click the link to register.
12/7/2021 • 16 minutes, 59 seconds
iFindProperty vs Positive Real Estate vs Propellor Property vs Opes Partners – An Honest Comparison⎜Ep. 817
In this episode, we compare and contrast the main New Build property companies in New Zealand, so that property investors can see the difference between them.
This includes an analysis of iFind Property, Positive Real Estate, Propellor Property Investments and us here at Opes Partners.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. We'll discuss our predictions and forecasts for property investment in 2022. Click the link to register.
12/6/2021 • 15 minutes, 21 seconds
Psychologist Reveals How Property Bubbles Happen + Whether We're In A Bubble Now ⎜ Ep. 816
In this episode, we are joined by Carl Davidson from Research First to discuss how property and asset bubbles get started and why they happen.
We talk about the different stages of an asset bubble, along with how investors can spot whether they are participating in a bubble.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. We'll discuss our predictions and forecasts for property investment in 2022. Click the link to register.
12/5/2021 • 14 minutes, 46 seconds
What Money Does To Your Brain – Social Psychologist, Carl Davidson, on Why We're Bad With Money ⎜Ep. 815
In this episode, we are joined by Carl Davidson from Research First to discuss what money does to our brain.
We talk about the other lies we tell ourselves and how we self-justify decisions that we know are bad for us.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. We'll discuss our predictions and forecasts for property investment in 2022. Click the link to register.
12/4/2021 • 13 minutes, 54 seconds
6 Money Lies You Tell Yourself – Don't Fool Yourself + Make These Investing Mistakes ⎜ Ep. 814
In this episode, we ar joined by Carl from Research First to discuss the 6 money-lies that investors tell themselves when making decisions these include:
Following the herd – we tend to do what other people are doing. Which may not be the best decision
We hate losing more than we love winning – so we tend to stick with what we know
We overvalue what we already have – which may mean you're reluctant to sell when you really should
We're poor at thinking about how we could be wrong – so we tend to stick with decisions even when they're wrong
We prefer the easy road – we tend to jump the gun rather than slow down to do things properly
We believe things will turn out well regardless of what happens.
We also mention our upcoming property investment webinar, which is happening on Tuesday 14th December at 7pm. We'll discuss our predictions and forecasts for property investment in 2022. Click the link to register.
12/3/2021 • 18 minutes, 33 seconds
How To Not Lose Your Deposit – 3 Ways To Handle Longer Settlements ⎜ Ep. 813
In this episode, we discuss how property investors can handle longer settlements for New Build properties.
This includes mitigations and strategies investors can use to make sure that they are able to settle a property, even when they haven't got the finance sorted when signing the contract.
We also mention our upcoming property investment webinar, which is happening on 14th December at 7pm. You'll hear property investment predictions and forecasts for the year ahead.
12/2/2021 • 17 minutes, 16 seconds
Developer Goes Bankrupt – What Maxim Customers Can Do When The Builder Goes Bust ⎜ Ep. 812
In this episode, we discuss how New Zealand property developer, Maxim, has been placed in liquidation. We walk through what property investors and home buyers who engaged Maxim can do to put their build back on track.
We also talk through the impact of the market, and chat about whether there was any way for investors to spot that the company was flailing ahead of time.
We wrap up the episode by mentioning our upcoming property investment webinar, where you'll hear our property investment predictions for 2022. It's on Thursday 14th December at 7pm. Click the link to register.
12/1/2021 • 11 minutes, 36 seconds
Where In NZ Do Rents Grow The Fastest? And How Long Can They Keep Going Up? ⎜ Ep. 811
In this episode, we discuss where in New Zealand property investment rents have grown the fastest historically, as well as how quickly rents can keep going up.
We reveal that rents in the tiny town of Stratford have grown fastest over the last 20 years, followed by similar small towns. Meanwhile, rents in larger cities have not grown as quickly.
We also mention our upcoming property investment webinar, which is on Tuesday 14th December at 7pm. Join us to hear predictions and forecasts for what property investment will hold in 2022. Click the link to register.
11/30/2021 • 13 minutes, 41 seconds
ANZ, BNZ and KiwiBank Ban All Low-Deposit Lending ... Strategies First Home Buyers Can Still Use⎜Ep. 810
In this episode, we discuss what property investors and first home buyers need to know about low-deposit lending.
KiwiBank, BNZ and ANZ have all said they will temporarily stop offering low-deposit lending to all types of buyers.
Want to learn more about property investment here in New Zealand? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something new about property investment.
11/29/2021 • 12 minutes, 55 seconds
Lessons Learnt From 17 House Price Crashes – What Happens When The Bubble Bursts ⎜ Ep. 809
In this episode, we discuss the lessons learnt from historical house price crashes, and what property investors need to know about what happens when the bubble bursts.
We talk about what happens when there is excessive lending with the property market, as well as how long it has taken for property bubbles to recover.
Want to learn more about property investment here in New Zealand? Make sure to subscribe to the Opes Partners YouTube channel, every Wednesday we release a new video about being a successful investor here in New Zealand.
11/28/2021 • 17 minutes, 38 seconds
Don't Climb The Property Ladder – Why You Should Rethink The Traditional Kiwi Pathway ⎜ Ep. 808
In this episode, we discuss why Kiwi's should not climb the property ladder and continually upgrade the homes that they live in.
This is based on articles released as part of the latest issue by Informed Investor Magazine, where experts like Martin Hawes reveal the cost of continually moving homes, which takes away from investment.
We also mention that you can subscribe to Informed Investor magazine, a year's subscription costs only $29.
11/27/2021 • 15 minutes, 59 seconds
Listener Case Study: Should I Use a 20% or a 40% Deposit For My New Build Property? ⎜ Ep. 807
In this episode, we discuss a listener case study, where a property investor listening to the show wanted to know the level of deposit they should use.
We talk about the different mortgage and property investment lending products available, including revolving credits and how to use them.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something more about property investment in NZ.
11/26/2021 • 13 minutes, 10 seconds
What's The Future For AirBnb In NZ? Property Investor Predictions and Forecasts ⎜ Ep. 806
In this episode, we are once again joined by Jon Lowry from the Urban Butler. This time we discuss the future of AirBnb and what's going to happen in the near term.
This includes everything property investors need to know from which areas tend to well, and how the market for international tourists will alter demand.
Want to learn about property investment and the potential to use AirBnb? Check out the Urban Butler website – urbanbutler.com
11/25/2021 • 12 minutes, 5 seconds
Should I Turn My Property Into An AirBnb? The Current Market For AirBnb In NZ⎜Ep. 805
In this episode, we are joined by Jon Lawry from The Urban Butler to talk about the current market for AirBnb and short term rentals here in New Zealand.
We discuss whether property investors are still able to make money through AirBnb and how the market has changed over the last 18 months since the pandemic began.
We also mention that if you want to learn more about AirBnb to check out the Urban Butler website – urbanbutler.com.
11/24/2021 • 14 minutes, 7 seconds
Lessons Learnt From Dealing These Developers – "Someone Could Have Died" ⎜ Ep. 804
In this episode, we discuss what Andrew has learned from dealing with a particular group of developers operating in South Auckland.
He talks about the relationship and what property investors need to know about dealing with developers and the process they can use to make sure that the properties are built to spec.
We also mention that if you want to learn more about property investment, subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you how to be a successful property investor.
11/23/2021 • 16 minutes, 20 seconds
The Great Christchurch Catch Up – Christchurch House Prices On The Rise ⎜ Ep. 803
In this episode, we discuss the great Christchurch catch up, where prices in the garden city are increasing at a faster rate than the country at large.
We talk about what property investors need to know and how quickly prices are on the rise along with what it means for the New Zealand property investment market.
We also mention that if you want to learn more about property, subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to help you become a more successful property investor.
11/22/2021 • 12 minutes, 33 seconds
Are NZ House Prices Sustainable? The Reserve Bank Weighs In⎜Ep. 802
In this episode, we discuss what property investors need to know about whether New Zealand house prices are sustainable or not.
This comes after Reserve Bank governor, Adrian Orr, gave a speech over the last few weeks delivering insight into the banks view.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you how to be a successful property investor in New Zealand.
11/21/2021 • 11 minutes, 56 seconds
Clues On If DTI's Will Come In – Reserve Bank Released Financial Stability Report⎜Ep. 801
In this episode, we discuss the Reserve Bank's latest financial stability report and what it means for New Zealand property investors.
We dig into the data to see whether it's likely whether a debt to income ratio will be brought in, and what it would mean for property investment.
We also mention that if you want to learn more about property, subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something about how to be a successful property investor.
11/20/2021 • 12 minutes, 28 seconds
Bonus: How to Keep Investing with Debt to Income Ratios – Webinar Audio
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we discussed how to keep investing with debt to income ratios.
11/20/2021 • 1 hour, 19 minutes, 51 seconds
New Privacy Rules Released For How Landlords Deal With Tenants Data⎜Ep. 800
In this episode, we discuss the new rules that have been released from the Office of the Privacy Commissioner, which property investors need to follow.
Here, we outline what the new rules are, along with what data you can collect throughout the tenant-finding process.
We also mention the Opes Partners YouTube channel. Every single Wednesday we release a new video to teach you how to be a successful property investor here in NZ.
11/19/2021 • 14 minutes, 28 seconds
Costs, Strategies and Tactics For How To Manage A Renovation During The Auckland Lock Down with Ilse Wolfe⎜Ep. 799
In this episode, we are once again joined by property investor, Ilse Wolfe. Here we discuss the costs, strategies and tactics for successful running a renovation project during the Auckland lockdown.
We talk about the lack of rent, the mortgage interest costs that are still charged and how to look after your tradesman when you can't see them in person.
Want to learn more? Follow @ilsewolfenz on Instagram to keep up to date with Ilse's latest renovations projects.
11/18/2021 • 10 minutes, 46 seconds
How To Add a Bedroom To Your Rental Property – Step By Step Guide With Ilse Wolfe ⎜Ep. 798
In this episode, we are joined by special guest Ilse Wolfe to discuss how to add an extra bedroom to your investment property.
Ilse takes us through the numbers of how large your rental property needs to be in order to add a bedroom, and also how to think through your floor plan so that it works for the property.
We also mention that if you want to learn how to cashflow hack your property you can listen to the webinar. Click the link to watch.
And make sure you follow ilsewolfenz on Instagram.
11/17/2021 • 18 minutes, 36 seconds
Case Study – Renovating + Cashflow Hacking 5 Whangarei Units with Ilse Wolfe⎜Ep. 797
In this episode, we discuss a case study of a property investor who plans to renovate 5 units in Whangarei.
This includes an analysis of what she plans to do with the properties and what she'll spend on the renovation project, the expected rental return and the final value of the property.
We also mention that you can follow Ilse on her Instagram – ilsewolfenz.
11/16/2021 • 12 minutes, 42 seconds
Oversupply – What Happens If There's An Oversupply In The NZ Housing Market?⎜Ep. 796
In this episode, we discuss what happens if there's an oversupply in the NZ housing market caused by an increase in construction.
We talk through the factors that could lead to an oversupply and how long a period of oversupply could potentially last for.
The show wraps up by mentioning that our property investment webinar is on tonight at 7pm. Click the link to register.
11/15/2021 • 13 minutes, 40 seconds
Strategies To Create Generational Wealth – What Property Investors Need To Know⎜Ep. 795
In this episode, we discuss the strategies that property investors can use to create generational wealth.
We talk about what generational wealth is, and what it means for each of us ... along with how your mindset might need to change around people who already have built generational wealth.
We also mention our upcoming property investment webinar, which is on tomorrow night – 16th November at 7pm. Click the link to register.
11/14/2021 • 15 minutes, 1 second
How Quickly Do Apartments Grow In Value Across NZ? Apartment Capital Growth⎜Ep. 794
In this episode, we discuss what property investors need to know about how quickly apartments increase in value around the country.
This includes an analysis of apartments in the major cities around New Zealand and where apartments get more capital growth compared to others.
We also mention our upcoming property investment webinar, which is happening on Tuesday 16th November at 7pm. Click the link to register.
11/13/2021 • 12 minutes, 54 seconds
Should I Pay Off My Student Loan Early So I Can Borrow + Invest More?⎜Ep. 793
In this episode, we discuss when property investors should decide to pay off their student loan early in order to borrow more.
We go through the situations where this would and wouldn't be a good idea, as well as detail the lenses you should look through before making the decision.
We also mention our upcoming property investment webinar, which is happening on Tuesday, 16th November at 7pm on Debt to Income ratios. Click the link above to register.
11/12/2021 • 11 minutes, 17 seconds
For The Data Nerds – The Assumptions That Matter When Running The Numbers On an Investment Property⎜Ep. 792
In this episode, we discuss the assumptions that really make a difference when property investment run the numbers on a potential property.
This includes looking at capital growth, inflation, interest rates, rental inflation, chattel valuations and the savings rate.
Want to download the spreadsheet we mention in the show? Download the updated ROI spreadsheet by clicking this link.
11/11/2021 • 16 minutes, 21 seconds
How To Not Buy Property Based On FOMO – And How To Invest On The Numbers Instead⎜Ep. 791
In this episode, we discuss how to not buy or invest in property based on FOMO (Fear of Missing Out), and how to invest based on numbers instead.
This includes a discussion about canvassing the whole market when looking for properties, as well as between markets.
If you'd like to download the spreadsheet mentioned, you can download it here – ROI spreadsheet.
And if you'd like to come along to our upcoming property investment webinar, which is on DTI's, click the link to register.
11/10/2021 • 13 minutes, 25 seconds
Buyer's Remorse – What Happens When Your Offer Gets Accepted ... For a Property You Didn't Really Want? ⎜Ep. 790
In this episode, we discuss what to do if you get into a situation where your offer has been accepted for an investment property ... that you didn't really want.
This includes a look into the different clauses you can cancel a contract on ... and how to negotiate if you're contractually locked in.
We also mention our upcoming property investment webinar, where we'll talk about the new DTI ratios and servicing tests ... it's happening Tuesday 16th November at 7pm. Click the link to register.
11/9/2021 • 14 minutes, 10 seconds
Opes Buys NZ Property Investor Magazine – What It Means For NZ Property Investors ⎜Ep. 789
In this episode, we discuss how Opes Partners has recently acquired NZ Property Investor Magazine, the #1 property investment focussed publication in the country.
We go through whether the magazine will simply become a mouthpiece for Opes Partners, or whether the magazine will continue to be an independent publication.
And we also mention that if you'd like to subscribe to the magazine, you can purchase a subscription on the Property Investor magazine website.
11/8/2021 • 8 minutes, 34 seconds
First Home Buyer Stiffed By Developer – Loses Almost $300k in Capital Gains Because of Sunset Clause⎜Ep. 788
In this episode, we discuss the tale of a first home buyer who got stiffed by a developer through the use of a sunset clause.
We cover what happened, and how it could have been avoided. We also mention what property investors and first home buyers alike need to know when buying off the plans.
We wrap up the episode by mentioning our upcoming property investment webinar, which is covering DTIs and how to continue borrowing as servicing criteria gets tougher. It's on 16th November at 7pm. Click the link to register.
11/7/2021 • 12 minutes, 53 seconds
The Sky is Falling! 20 Years Of The Property Market and Newspaper Headlines That Go With Them⎜Ep. 787
In this episode, we discuss the last 20 years of the New Zealand property market, along with the newspaper headlines and commentary that went with it.
We compare and contrast the gains that property investors have made with what they must have been feeling at the time.
We wrap the episode by previewing our upcoming property investment webinar, where we'll discuss debt to income ratios and how to continue investing. It's on Tuesday 16th November at 7pm. Click the link to register.
11/6/2021 • 16 minutes, 45 seconds
What's The Future of Property Investment? 15 - 20 Year Predictions Of Where The Market's Going⎜Ep. 786
In this episode, we discuss predictions of where the property investment market might end up over the next 15-20 years.
We cover regulation, the threat of an economic downturn and where yields and interest rates are heading over time.
We also mention our upcoming property investment webinar, where we'll discuss how DTIs will impact property investment. It's on Tuesday 16th November at 7pm. Click the link to register.
11/5/2021 • 14 minutes, 20 seconds
How Does The Bright Line Test Work If I Inherit A House? Fishhooks and Mistakes to Avoid⎜Ep. 785
In this episode, we discuss what property investors need to know about the bright line test and how it works if you inherit a property.
We go through the potential fishhooks to look out for, for instance, if you choose to buy out your siblings from a property you have collectively inherited.
The episode wraps up by talking about our upcoming property investment webinar, where you'll learn how the upcoming debt to income ratios work and how to continue growing a portfolio through them.
11/4/2021 • 14 minutes, 8 seconds
Revealed: The Parts of NZ Most Vulnerable To a Downturn in House Prices⎜Ep 784
In this episode, we discuss the new Core Logic vulnerability index, and go through which parts of the country are most vulnerable to an economic decline.
This lets you know as a property investor which parts of the country are potentially better than others for property investment.
We also preview our upcoming property investment webinar, where you can learn what the ew Debt to Income Ratios are, and how to work around them. It's on Tuesday November 16th. Click the link to register.
11/3/2021 • 13 minutes, 2 seconds
Debt To Income Ratios Announced By BNZ! What Does It Mean For My Portfolio?⎜Ep. 783
In this episode, we discuss what Debt to Income Ratios mean for property investors around New Zealand. This comes off the back of BNZ announcing DTIs for purchasers buying through a broker.
We go through how these are calculated in practice, and how to continue building a portfolio if you'll be caught out by these restrictions.
We also mention that our next property investment webinar will solely focus on Debt to Income Ratios. It's on Tuesday 16th November at 7pm. Click the link to register.
11/2/2021 • 13 minutes, 49 seconds
Inflation vs House Prices + Creating Real Wealth From Nominal Growth⎜Ep. 782
In this episode, we discuss how property investors can generate real wealth, even when real house prices don't increase at all.
We talk about how mortgages can be a hedge against inflation as well as why real debt tends to decrease with inflation.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a new video teach you something new about investing in property in NZ.
11/1/2021 • 12 minutes, 30 seconds
The Ethical Argument For Investing In Property⎜Ep. 781
In this episode, we discuss the ethical arguments to figure out whether property investment is an ethical pursuit.
This includes looking at homeownership data, house price increases, and estimating the cost for the government to provide all rental housing.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a new video teach you something new about investing in property in NZ.
10/31/2021 • 14 minutes, 4 seconds
Case Study: The Ultimate Guide On How You Do DD On a Property⎜Ep. 780
In this episode, we discuss a case study of how property investors can do due diligence of a property they are purchasing.
This includes using tools like Property Guru, Google Maps, and Companies Office records to get a sense of the area and deal with your concerns.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a brand new video to teach you something new about investing in property, here in NZ.
10/30/2021 • 17 minutes, 19 seconds
Building Consents vs Resource Consents – What's the Difference? + When Do Property Investor's Need Them?⎜Ep. 779
In this episode, we discuss what property investors need to know about building and resource consents. This includes a rundown of when you actually need a resource and building consent.
We also talk about the extra costs of each type of consent, and who need to worry most about needing each consent.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something more about investing in property here in NZ.
10/29/2021 • 12 minutes, 38 seconds
What Can I Actually Build Under the New RMA + Planning Rules?⎜Ep. 778
In this episode, we discuss what property investors can actually build under the new RMA rules. This includes different configurations that could reasonably be built.
This includes versions of townhouses, apartments, duplexes and standalone houses. We also go through some of the planning rules so you can decide how your property investment strategy might change after the new rules are introduced.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you how to be a successful property investor here in NZ.
10/28/2021 • 9 minutes, 56 seconds
Winners and Losers from Govt's RMA Reform Announcement⎜Ep. 777
In this episode, we discuss who the winners and losers are from the government's most recent RMA reform announcement.
We discuss what it means for property investors and property investment in general and who will and won't be better off.
We also mention the Opes Partners YouTube channel. Make sure you subscribe to see the latest videos.
10/27/2021 • 14 minutes, 1 second
Breaking: Building Rules Relaxed ... Oversupply of Houses? End of Capital Growth?⎜Ep. 776
In this episode, we discuss the new RMA rules that the government plans to introduce and legislate for before the end of the year.
We share what property investors need to know, and how it will impact the New Zealand property market.
We also ask for your help ... we're currently campaigning for the Listener's Choice Award for New Zealand podcast awards. If you could nominate us that would be really, really helpful :)
10/26/2021 • 15 minutes, 20 seconds
Oversupply of Housing? $300 Million Warkworth Partnership Announced Between NZ Super Fund + Classic Group⎜Ep. 775
In this episode, we discuss the recently announced $300 million partnership between the NZ Super Fund and Classic Group – a Tauranga based developer.
We go through the timelines for the development, as well as what property investors need to know if they are investing north of Auckland.
We also ask for your help ... we're currently campaigning for the Listener's Choice Award for New Zealand podcast awards. If you could nominate us that would be really, really helpful :)
10/25/2021 • 14 minutes, 36 seconds
Ed + Andrew Share Their Personal Goals For Property Investment⎜Ep. 774
In this episode, we discuss what our personal goals are for property investment, as well as how they have changed over time.
We discuss the level of passive income we're attempting to achieve and how this fits in with the wider picture.
We also mention that you might like to subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something new about property investment, right here in New Zealand.
10/24/2021 • 13 minutes, 51 seconds
Listener Situation: Help! The Developers Are Buying Up Properties Next Door ... What Should I Do?⎜Ep. 773
In this episode, we hear the situation of a listener of the show, Jay. Developers are buying up big on his street, pushing up prices and he's conflicted about whether this is a good or a bad thing.
We go through how we would approach answering this question, and dig into the data to talk through what Jay's options are.
We also mention that you might like to subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something new about property investment, right here in New Zealand.
10/23/2021 • 11 minutes, 43 seconds
Selling in a Hot Market vs a Cold Market ... The Surprising Way Investors Can Sell For More⎜Ep. 772
In this episode, we discuss whether property investors should sell their properties in a hot or in a cold property market.
We go through the data and walk through how selling mid-way through a hot market can often make less money than selling in the worst part of the following cold market.
We also mention that you might like to subscribe to the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you something new about property investment here in New Zealand.
10/22/2021 • 11 minutes, 34 seconds
Which Stage of a Development Should I Buy In? 1st vs 2nd vs Final⎜Ep. 771
In this episode, we discuss whether property investors should purchase in an early stage of a development, compared to a later stage.
We talk about how this impacts the price of the property, along with the risks and benefits of both taking an early or a late position.
We also mention that you should subscribe to the Opes Partners YouTube channel. Every Wednesday at 10am, we release a new property investment video.
10/21/2021 • 14 minutes, 20 seconds
Beware Lifestyle Inflation ... The #1 Risk That Will Stop You Getting Ahead⎜Ep. 770
In this episode, we discuss what property investors need to know about lifestyle inflation. This is where you begin to earn more, and your expenses increase by the same amount.
We also discuss tactics that you can use in order to combat lifestyle inflation and improve your financial position over time.
We also mention that you can subscribe to the Opes Partners YouTube channel, we release a new property investment video every Wednesday at 10am.
10/20/2021 • 14 minutes, 14 seconds
Bonus: How to Live off of Your Property Investment Portfolio – Webinar Audio
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we discussed how to live off of your property investment portfolio.
If you'd prefer to watch the webinar on-demand, click here to view on the Opes Partners website.
10/20/2021 • 1 hour, 25 minutes, 12 seconds
FIRE – Financial Independence, Retire Early – What Property Investors Need to Know⎜Ep. 769
In this podcast, we talk about what property investors need to know about the FIRE movement, which stands for Financial Independence, Retire Early.
We talk about how this way of thinking challenges you to think about the hours of life energy put into a purchase before swiping your credit card. And these tactics can gradually help you to improve your survivability so you can invest in more property.
We also I've a mention to the Opes Partners YouTube channel. Hit the subscribe button tokeep up to date with our latest property investment videos.
10/19/2021 • 14 minutes, 38 seconds
First Home Buyer Case Studies – Stories Of People Who Are Actually Doing It⎜Ep. 768
In this episode, we discuss a couple of case studies of first home buyers, along with the stories of real people who are getting on and entering the property market.
Just a note we have anonymised the case studies to protect their identity.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/18/2021 • 15 minutes, 35 seconds
Govt. To Buy Properties In Partnership With First Home Buyers – Part #2⎜Ep. 767
In this episode, we discuss the government's new shared ownership scheme – First Partner – where Kainga Ora will buy houses in partnership with first home buyers.
We go over the details and share how you can help first home buyers get the information and motivation to purchase their first home.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/17/2021 • 10 minutes, 21 seconds
Govt. To Buy Properties In Partnership With First Home Buyers – Part #1⎜Ep. 766
In this episode, we discuss the government's new shared ownership scheme – First Partner – where Kainga Ora will buy houses in partnership with first home buyers.
We go over the details and share how you can help first home buyers get the information and motivation to purchase their first home.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/16/2021 • 14 minutes
Du Val Told to Remove Misleading Advertising⎜Ep. 765
In this episode, we discuss what property investors need to know about FMA's recent directive that sees property developer – Du Val – asked to remove misleading advertising.
Though it's important for property investors to remember that these directors are in relation to their mortgage funds, as opposed to the properties that they are building.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/15/2021 • 16 minutes, 8 seconds
How to Choose The Cheapest Interest Rate When You Refix⎜Ep. 764
In this episode, we discuss what property investors need to know about how to choose the best interest rate for them.
This includes a breakdown of what you need to consider, along with how to think which interest rate fix provides the cheapest rate. Click here to download the spreadsheet we mentioned.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/14/2021 • 12 minutes, 38 seconds
Bonus Episode: How to Build + Plan a Property Investment Portfolio – Webinar audio
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we discussed how to build and plan your property portfolio.
To download the portfolio planning spreadsheet, click the link.
10/13/2021 • 1 hour, 32 minutes, 14 seconds
Reserve Bank Lifts The OCR For The 1st Time in 7 Years⎜Ep. 763
In this episode, we discuss how the Reserve Bank has just lifted the Official Cash Rate for the first time in 7 years. The OCR lifted from 0.25% to 0.50%.
We discuss what it means for property investment, and what property investors need to know about the potential for interest rates to rise.
We also mention our upcoming property investment webinar, where you'll learn how to use properties to fund a lifestyle you can live on. Click the link to register. It's on 19th October at 7pm.
10/13/2021 • 13 minutes, 25 seconds
Are New Builds Creating 'Fake Capital Growth'?⎜Ep. 762
In this episode, we discuss whether New Builds are creating 'fake capital growth' in small towns like Rolleston, and Christchurch.
We discuss what property investors need to know, and how to compare the House Price Index with a change in median house prices. And the finding that existing properties often increase in value at a faster rate than the average price.
We also mention our upcoming property investment webinar, which is on Tuesday 19th at 7pm. Click the link to register.
10/12/2021 • 9 minutes, 56 seconds
How Quickly Can I Grow My Portfolio? Downloadable Spreadsheet + Worked Example⎜Ep. 761
In this episode, we discuss how quickly property investors can grow their portfolios from an equity perspective.
We build out a standard example of an investor through our property investment spreadsheet, which you can download here. We also mention that you can download a clean version of our equity calculator here.
Want to come along to our next property investment webinar? It's on Tuesday 19th October at 7pm. Click the link to register.
10/11/2021 • 12 minutes, 48 seconds
Negative Interest Rates Are Here To Stay – What Property Investors Need to Know⎜Ep. 760
In this episode, we discuss what property investors need to know about negative interest rates.
We discuss that the difference between nominal and real interest rates, as well as how this will impact property investment.
We also mention our upcoming property investment webinar, which is happening on Tuesday 19th October at 7pm. Click the link to register.
10/10/2021 • 12 minutes, 7 seconds
Social + Public Housing – New Tax Incentives Announced That Will Save You Thousands⎜Ep. 759
In this episode, we discuss what property investors need to know about renting their properties through social and public housing.
The government recently announced new taxes for property investment. And hidden within those changes was a provision that investors renting to community housing providers won't be impacted by the changes.
We also mention that if you want to track down which community housing providers are active in your area, check out the Community Housing Regulatory Authority.
And we wrap up the episode by mentioning our next property investment webinar, which is on Tuesday 19th October at 7pm. Click the link to register.
10/9/2021 • 15 minutes, 9 seconds
How New Interest Deductibility Rules Impact Holiday Homes, Flatmates and Commercial Premises⎜Ep. 758
In this episode, we discuss how new taxes for property investors will impact holiday home, flatmate income and commercial premises, like stores with flats above.
We also mention that social housing for property investment is about to become more attractive, given that property tax incentives will be extended to those renting to the public market.
We round out the episode by mentioning our upcoming property investment webinar, which is happening on the 19th of October at 7pm. Click the link to register.
10/8/2021 • 10 minutes
Top 10 Property Podcasts To Listen and Learn From – with Ilse Wolfe⎜Ep. 757
In this episode, we are joined by Ilse Wolfe to discuss our top 10 property investment podcasts for NZ investors to listen to. This includes a range of property and money-related shows.
We also use the episode to point out some of the differences between investing in property in New Zealand and overseas – including the LVR restrictions.
We also mention that if you'd like to work with us as part of Opes Accelerate, as a renovations coach, send your CV to Ollie – [email protected].
10/7/2021 • 14 minutes, 54 seconds
Book Review: Only Woman in the Room – 20 Stories of 20 Female Property Investors⎜Ep 756
In this episode, we are joined by property investor, Ilse Wolfe, who joins us to review the book: The Only Woman in the Room.
We go through a few of the top stories in the book as well as share what the book does and doesn't do. We also point out some of the differences between the NZ property market and overseas, including the lvr restrictions.
We also mention that if you'd like to work with us as part of Opes Accelerate, as a renovations coach, send your CV to Ollie – [email protected].
10/6/2021 • 12 minutes, 14 seconds
Case Study: How to Cashflow Hack a House Into a Home and Income ... +$30k cashflow⎜Ep. 755
In this episode, we discuss what property investors can renovate a property to transform it into a home and income – and potentially create a New Build property without actually purchasing a New Build.
Throughout the show, we're joined by property investor, Ilse Wolfe, who walks us through the renovation and shows how to increase the cashflow on the rental property.
We also mention that if you'd like to work with Opes Accelerate, click the link and we'll get in touch.
10/5/2021 • 15 minutes, 26 seconds
9 Tactics If You're Seriously Stuck With 'Servicing' A Property Investment Portfolio⎜Ep. 754
In this episode, we discuss the 9 tactics that NZ property investors can use if they are seriously stuck with servicing mortgages.
These are tactics investors can use today in the NZ property market, and include tactics such as: buying cheaper investment properties, buying higher-yielding properties and using non-bank lenders.
We also mention that we are pumping out new videos on the Opes Partners YouTube channel. Click the link and hit subscribe, as we're pumping out new videos every Wednesday at 10am.
10/4/2021 • 13 minutes
How Do I Grow a Portfolio on $100k Income Today? Examples + Real Numbers ⎜Ep. 753
In this episode, we discuss how big property investors are able to grow a portfolio on a $100k and $200k household income ... in the current NZ property market.
We go through a spreadsheet model to discuss how and when you are able to add an investment property to your portfolio based on current bank lending rules.
We also mention that we are pumping out videos on the Opes Partners YouTube channel. Hit the subscribe button on our channel to always get the latest video. We release a new video every Wednesday at 10am.
10/3/2021 • 10 minutes, 51 seconds
How Do I Sell My Property To a Developer To Get A Higher Price?⎜Ep. 752
In this episode, we discuss the process for how homeowners and property investors can sell their properties to developers in an attempt to get a higher price.
We discuss the need fo delayed settlements, and the additional money you might be able to get if selling to a developer.
Want to learn more about this? Check out Property Academy podcast Ep. 620, and make sure you subscribe to the Opes Partners YouTube channel.
10/2/2021 • 13 minutes, 1 second
Investment Build NZ Review – Should I Buy an Investment Property Through Them?⎜Ep. 751
In this episode, we discuss the company, Investment Build New Zealand, and whether it is worthwhile purchasing an investment property through the company.
We dig into the director's history, as well as the people who claim to be the owner of the company. Ultimately, we believe that the company is in violation of Companies Office rulings and that the claimed owners have a shakey record of financial management.
Want to learn more about property investment? Check out the Opes Partners YouTube channel, every Wednesday we release a new video.
10/1/2021 • 17 minutes, 42 seconds
China's Largest Developer Almost Bankrupt – Evergrande + The Impact On NZ Property Investors?⎜Ep. 750
In this episode, we discuss Evergrande – China's largest developer and the most indebted property company in the world. The company is on the brink of bankruptcy and there are fears that if the business falls over it could have global impacts.
We discuss the factors that have caused the company to get to this point, and the potential impact on NZ property investors should the company fall over.
Want to learn more about property investment? Subscribe to the Opes Partners YouTube channel. Every Wednesday morning at 10 we release a new video about property investment.
9/30/2021 • 16 minutes, 4 seconds
Breaking: Govt Announces New Tax Details – Here's What Is and Isn't Included⎜Ep. 749
In this episode, we discuss what Kiwi property investors need to know about the government's latest tax announcements.
We cover what is and isn't considered a New Build, and we go through how property investors will benefit from Rollover relief.
We also mention the Opes Partners YouTube channel. Every Wednesday we release a new video to teach you about property investment. Click the link and subscribe.
9/29/2021 • 16 minutes, 4 seconds
New LVR Rules Threaten First Home Buyers – But Is It a Big Deal?⎜Ep. 748
In this episode, we talk about how new LVR rules introduced by the Reserve Bank will impact First Home Buyers – if at all.
We discuss that this is some of the first regulation targeted at quelling house prices that does not directly impact property investors.
We also mention that you can learn more about property investment on the Opes Partners YouTube channel. Click the link to subscribe to the channel.
9/28/2021 • 13 minutes, 32 seconds
Case Study – "Which One do I Sell?" – A Look Into This Experienced Investor's Portfolio⎜Ep. 747
In this episode, we discuss how to accurately review your portfolio as a property investor. This includes how to work through which property to sell if you are thinking that you'll need to.
We talk about the potential implications of tax and the bright line test, ongoing cashflow into the future, as well as how to think through the big questions.
We also mention that you can download the Return on Investment spreadsheet for free by clicking the link.
9/27/2021 • 13 minutes, 24 seconds
9 Types of Townhouses, Apartments and Houses That Property Investors Should Consider⎜Ep. 746
In this episode, we discuss the 9 different types of townhouses, apartments and houses that would-be property investors should consider, along with how we rate them for capital growth and yield.
This includes an analysis of walk-ups, terraced housing, duplexes, standalone homes and dual key apartments.
We also mention that you can learn more about dual key apartments by checking out The Deal - episode 3 and of course you can learn more about property by checking out The Epic Guide To Property Investment.
9/26/2021 • 13 minutes, 25 seconds
What Happens If I Buy an Owner Occupier That Currently has Tenants?⎜Ep. 745
In this episode, we discuss what happens if you want to buy a house to live in ... that already has tenants living in it.
We go through whether you'll need a higher deposit and whether the property will be considered an investment in the bank's eyes.
We also mention that you check out the Epic Guide to Property Investment, which teaches you the fundamentals of how to invest in property.
9/25/2021 • 11 minutes, 58 seconds
Invercargill – Is It a Good Place to Invest? What Property Investors Need to Know⎜Ep. 744
In this episode, we discuss the Invercargill property market and whether its a good idea for property investors to consider an investment in the city.
We go through the city's property cycle, whether its population is growing or not and how the local economy is functioning.
We also mention our analysis of the Southland Property Market, where you can see the latest data about Invercargill and its neighbouring districts.
9/24/2021 • 14 minutes, 21 seconds
Hello Sunshine! Should I Add Solar Panels Onto My Rental Property?⎜Ep. 743
In this episode, we discuss whether it's worthwhile adding solar panels onto your rental property as a property investor.
We go through the numbers, what solar panels and solar power costs, whether you can charge your tenant more rent once installed.
We also mention our analysis of the NZ property market, the Auckland property market, the Canterbury property market, and the Wellington property market.
9/23/2021 • 14 minutes, 7 seconds
Yield vs Purchase Price ... Do Cheaper Properties Get Higher Gross Yields?⎜Ep. 742
In this episode, we discuss whether the value of a property impacts its potential gross yield. And for this, we have taken data from real properties available for rent in Hamilton and looked at their current values.
Property investors need to know that there is a trend, at least in the Hamilton property market. Here, for every $100k more expensive a property becomes, the gross yield tended to fall 0.3% points.
We also mention our analysis of the NZ property market, the Auckland property market, the Canterbury property market, and the Wellington property market.
9/22/2021 • 14 minutes, 21 seconds
REINZ vs CoreLogic – Who's Got Better Data? + When To Use Them ⎜Ep. 741
In this episode, we discuss what property investors need to know about property data – with our head to head between REINZ and CoreLogic.
To be fair, we love both organisations and use their property data in our podcasts and throughout the Opes Partners website.
You can find both data on our overview of the New Zealand property market, the Auckland property market, the Christchurch property market and the Wellington property market.
9/21/2021 • 14 minutes, 8 seconds
Dealing With Death And How To Get Your Financial Affairs in Order – Real Life Case Study⎜Ep. 740
In this episode, we discuss how to deal with death and what property investors need to do to get their affairs in order.
Andrew shares a case study of how his dad recently passed away, and how his family coped in dealing with the financial fallout.
We also mention that the evening that this episode launches we are holding a property investment webinar, click the link to register. We go live at 7pm.
9/20/2021 • 16 minutes
When Will The New Interest Deductibility Rules Be Announced? And When Are You Going To Parliament?⎜Ep. 739
In this episode, we discuss when the new interest deductibility rules are due to be announced, including an update of what we know and don't know right now.
We also mention that we have made our submission to the Treasury, which walks through the impacts we anticipate the new rules will have on property investors and property investment ... as well as the changes we have suggested.
You can read our submission by clicking this link here, if you have any feedback on the submission, send us an email at [email protected].
9/19/2021 • 14 minutes, 53 seconds
Risks and Benefits of 'Stage Claim Builds' – A Developer's Perspective with Jennian Homes ⎜Ep. 738
In this episode, we are joined by Aidan Jury, Chief Operations Officer at Jennian Homes, to discuss the risks and benefits of Stage Claim Builds.
We cover what property investors need to know about these progressive payment builds, and why they often come with lower interest costs.
We also mention our upcoming property investment webinar, where we'll discuss how to build a property investment portfolio. It's on 21st September at 7 pm. Click the link to register.
9/18/2021 • 17 minutes, 55 seconds
How Do I Tell Whether A Mortgage Broker Is Any Good Or Not? / Brokers Behaving Badly⎜Ep. 737
In this episode, we discuss how to tell whether a mortgage broker you're working with is any good, or not. And the questions property investors can ask to sort the good from the bad.
We also give a list of questions you can ask a mortgage broker to get more advice from them to improve your property investment journey.
We also mention our upcoming property investment webinar. It's on 21st September at 7pm. Click the link to register.
9/17/2021 • 16 minutes, 54 seconds
What It Takes To Buy a $22.5 Million House In New Zealand – Case Study⎜Ep. 736
In this episode, we discuss what it takes for property investors of home owners to purchase a $22.5 million house in New Zealand.
Here is the link to the house we mentioned – Hobson House – which is located at 95 Victoria Avenue in Remuera, Auckland.
We discuss the higher LVRs for luxury homes and also the income that would be required to service such a large mortgage.
We also mention our upcoming property investment webinar. This is where you'll learn how to build a property investment portfolio. It's on Tuesday 21st September at 7pm. Click the link to register.
9/16/2021 • 14 minutes, 38 seconds
New Lending Rules Will Make Some Borrowing Harder – What Property Investors Need to Know⎜Ep. 735
In this episode, we discuss the new responsible lending code, the Credit Contracts and Consumer Finance Act and what it all means for New Zealand property investors and property investment.
We break down the legislation to highlight some of the quirks and discuss what you need to do in order to respond to the new rules.
We also mention our upcoming property investment webinar, where we'll discuss how to plan out your portfolio. It's on 21st September at 7pm. Click the link to register.
9/15/2021 • 17 minutes, 22 seconds
Escalation Clauses: Can Developers Just Increase The Price Of A Property? ⎜Ep. 734
In this episode, we discuss what property investors in New Zealand need to know about escalation clauses.
Over the last week, articles have appeared in NZ media publications suggesting that developers can increase the price of a property without consent.
So here, we discuss when a developer is able to pass on higher costs to property investors, and what you can do to protect yourself.
We also mention that our upcoming property investment webinar is happening this coming Tuesday 21st September at 7 pm. Click the link to register.
9/14/2021 • 19 minutes, 54 seconds
Winners and Losers in Commercial Property Over the Last 12 Months ⎜Ep. 733
In this episode, we discuss the winners and losers in the commercial property game over the last 12 months. This allows you as a property investor to decide which sort of commercial assets to go after.
We also detail the different ways that Kiwi investors can invest in commercial property and ask whether you'd like to hear more about commercial property in the future.
We also mention that our upcoming property investment webinar is happening on 21st September at 7pm. Click the link to sign up.
9/13/2021 • 13 minutes, 20 seconds
Rapid Fire: 32 Of Your Property Investment Questions Answered In Just 17 Minutes⎜Ep. 732
In this episode, we answer 32 of your top property investment questions, which were submitted at our most recent property investment webinar.
This includes answers about how the banks assess your mortgage application and the impact the your financial circumstances have on your ability to borrow.
We also mention that you can download our most recent servicing spreadsheet to figure out what strategies you can use to get your borrowing up.
9/12/2021 • 18 minutes, 52 seconds
It's Our 2nd Year Anniversary – What We've Learnt Over the Last 2 Years in Property⎜Ep. 731
In this episode, we discuss the last 2 years of recording the Property Academy Podcast. We go through what's changed in property and the main things we've learned.
This covers property investment regulation, higher prices, a Covid-19 pandemic and scary news articles from all the major publishers.
We also mention our upcoming property investment webinar, where you'll learn how to build a property investment portfolio. It's on Tuesday 21st September at 7pm.
9/11/2021 • 14 minutes, 5 seconds
What Happens To Property During a Divorce or Separation? ⎮ Ep. 730
In this episode, we discuss what happens to property and investment property in the event of a divorce or separation.
We discuss what happens when one partner wants to buy the other one out of the family home and some of the hard decisions that have to be made when two people break up.
If you want to learn more about relationship property agreements, then listen to podcast episode 531 and episode 601. And don't forget to come along to our property investment webinar on 21st September to learn how to build a property investment portfolio.
9/10/2021 • 17 minutes, 12 seconds
What's The Exact $$$ Figure I Need To Live in Retirement? ⎜Ep. 729
In this episode, we discuss the exact dollar amount that property investors need to live off in retirement. This is based off a new cost of living calculator that we've released.
The calculator works by taking an investor's current after-tax income and taking away any expenses that aren't likely to be faced in retirement.
We also mention our upcoming property investment webinar, which is on 21st September at 7pm. During the webinar, you'll learn how to plan out a property investment portfolio. Click the link to register.
9/9/2021 • 17 minutes, 17 seconds
Residents Association vs Body Corporates – What's The Difference? What's the Cost?⎜Ep. 728
In this episode, we discuss the differences between residents associations and body corporates – and what property investors need to know.
This includes the differences in costs, rules and regulations and how they're governed. We also go over that you can check over the constitution of any residents association by searching the incorporated societies register.
We also mention our upcoming property investment webinar, where you'll learn how to build a property investment portfolio. It's on Tuesday 21st September at 7pm. Click the link to register.
9/8/2021 • 14 minutes, 54 seconds
Top 10 Instagram Accounts To Follow For Property Investment⎜Ep. 727
In this episode, we discuss the top 10 Instagram accounts to follow for property investors based in New Zealand who want to grow a property investment portfolio.
These include:
Beardy Brandon
Demo to Reno
Investor Girl Britt
50 by 50
Black Wealth Movement
Dave Ramsey
Wealth
Maria Friström
Rethinking Fi
Galey Alix
We also mention our upcoming property investment webinar, where you'll learn how to build a property investment portfolio. It's on Tuesday 21st September at 7pm. Click the link to register.
9/7/2021 • 16 minutes, 26 seconds
What's It Like Using Opes Partners For The First Time? An Honest Review⎜Ep. 726
In this episode, we discuss what it's like working with Opes Partners for the first time as a property investor. This is a question asked by listener of the show Braeden.
We walk through the 3-step process on offer, as well as dig into what happens during each of these stages.
The show wraps up by mentioning our upcoming property investment webinar, where you will learn exactly how to build a diversified property investment portfolio. It's happening on Tuesday 21st September at 7pm. Click the link above to register.
9/6/2021 • 17 minutes, 4 seconds
Is Ashburton a Good Place To Buy An Investment Property In NZ? An Honest Review⎜Ep. 725
In this episode, we discuss whether Ashburton is good place for New Zealand property investors to purchase. We dig into the details of what properties cost in the South Island town.
Then, we go through the economic data around where house prices are in their property cycle, the expected population growth in the town as well as details of incomes and the employment market.
We wrap up the episode by mentioning our upcoming property investment webinar. It's happening on Tuesday 21st September at 7pm, where you'll learn how to build a strong and diversified property investment portfolio.
9/5/2021 • 16 minutes, 24 seconds
Du Val Group Review – Should I Invest In A Property Built By the Du Val Group?⎜Ep. 724
In this episode, we discuss whether New Zealand property investors should invest in a property built by the Du Val Group.
We go through examples of previous builds and dig into the details of their body corporates and the expenses associated with them. We talk about the layouts of previous builds and talk about whether the spec of the property is appropriate for investors.
We also mention our upcoming property investment webinar on 21st September. We'll go through how to build a diversified property portfolio. Click the link to register.
9/4/2021 • 17 minutes, 30 seconds
What If I Have Lots of Cash To Invest in Property? What Should I Do?⎜Ep. 723
In this episode, we discuss options for how you can invest in property if you have lots of cash to invest in property or other assets.
We go through building a diversified portfolio and then the options for how you can pay down debt using cash to decrease your mortgage expenses.
We also mention that our next webinar is coming up on the 21st September, where we will discuss how to build a property portfolio. Sign up for this property investment webinar here.
9/3/2021 • 15 minutes, 7 seconds
How To Get A Mortgage As a Contractor, Freelancer or Business Owner⎜Ep. 722
In this episode, we talk about how freelancers, contractors and business owners can get a mortgage so they can invest in property.
We go through how banks assess the incomes of people on variable incomes and how the profits generated within your business can be used to service a mortgage.
Finally, we mention that the final episode of The Deal has just gone live. Click the link to watch NZ's first property investment TV show.
9/2/2021 • 18 minutes, 19 seconds
7 Principles of Finding High Yield Properties⎜Ep. 721
In this episode, we discuss the 7 principles that property investors need to know about finding high yield rental and investment properties.
This includes a deep-dive into the locations you need to know about, the types of properties to look for, and the price + number of bedrooms to aim for.
We wrap up the episode by mentioning The Deal – the final episode of NZ's first property investment TV show has just gone live. Click the link to check it out.
9/1/2021 • 18 minutes, 28 seconds
9 Principles of Finding High Capital Gain Properties⎜Ep. 720
In this episode, we discuss the principles of how property investors can find high capital growth properties. This includes a deep dive into the analysis we've previously shared on the show.
This includes what size land to look for, which areas of the city to look in, and how to tell whether an area is above or below its long term value.
We wrap up the episode by mentioning that the final episode of The Deal goes live tonight. Watch on demand at thedeal.co from 7pm.
8/31/2021 • 18 minutes, 28 seconds
What Property Investors Can Do In Lockdown To Prepare For the Reopening⎜Ep. 719
In this episode, we are once again joined by property investor, Ilse Wolfe, to discuss what you as a property investor can do during this lockdown to prepare for the reopening.
We discuss looking on TradeMe for specific properties and spotting good investments in your local neighbourhood.
We also mention that we are currently looking for financial advisers to join the team. If you'd like to become an Opes Partner, send us a text. Our number is 5522. We'll tell you where to send your CV
8/30/2021 • 19 minutes, 9 seconds
Property Apprentice vs Wealth Mentor vs Ronovations vs Asset Lab ... A Fair Comparison⎜Ep. 718
In this episode, we compare and contrast the four major property coaching companies in New Zealand – Property Apprentice, Wealth Mentor, Ronovations and Asset Lab.
Property investor, Ilse Wolfe compares the four companies, including their pricing and who each company is the right fit for.
We also mention that we are currently looking for financial advisers to join the team. If you'd like to become an Opes Partner, send us a text. Our number is 5522. We'll tell you where to send your CV
8/29/2021 • 20 minutes, 50 seconds
Big Fat Renovation Fails – The Time Ilse Failed In Property Investment⎜Ep. 717
In this episode, we are joined by property investor, Ilse Wolfe. And here, Ilse walks us through her definition of failure, along with a case study of when she failed.
She walks us through the details of her investment property in Remuera, Auckland, and how she made the layout worse than when it began ... leading to longer periods of vacancy and poor cashflow.
We also mention that we are currently looking for financial advisers to join the team. If you'd like to become an Opes Partner, send us a text. Our number is 5522. We'll tell you where to send your CV
8/28/2021 • 19 minutes, 35 seconds
Lockdown: What the Latest Covid-19 Lockdown Means For NZ Property Investors⎜Ep. 716
In this episode, we discuss what the latest Covid-19 lockdown means for property investors based in New Zealand.
We talk about what you can and what you can't do, as well as what to do if you have a property under contract or are currently selling.
We then mention that we are currently looking for new property partners here at Opes. If you want to join the team, send us a text at 5522, we'll tell you where to send your CV.
8/27/2021 • 15 minutes, 35 seconds
House Prices To Drop 5% Reserve Bank Says ... Here's What They Didn't Tell You⎜Ep. 715
In this episode, we discuss the most recent monetary policy update from the Reserve Bank along with what property investors need to know.
We play clips from the press conference so you can get inside what really happened ... and dig through the data to show what the Reserve Bank's house price forecasts really were.
We also mention that we are looking for financial advisers to join the team here at Opes. If you'd like to join the team, send us a text at 5522, we'll let you know where to send your CV.
8/26/2021 • 19 minutes, 51 seconds
The Private Buyer Strategy – Should I Become One? + How Do I Make Money Doing It? | Ep. 714
In this episode, we discuss whether you should become a private buyer and use this property investment strategy. Here, we're joined by Billy McLachlan from Your Property Solutions.
We walk through how Billy makes money as a private buyer and how you can follow a similar strategy if it's the right fit for you.
We also mention that we are currently looking for financial advisers here at Opes Partners. If you are looking for a new role, send us a text on 5522. We'll text you where to send your CV.
8/25/2021 • 15 minutes, 19 seconds
What's The Exact Process of Using a Private Buyer? + How Do I Negotiate With Them?⎜Ep. 713
In this episode, we are joined by Billy McLachlan – a private buyer based in Christchurch. Here, Billy walks us through the process of using a private buyer.
This includes how to choose one, how to negotiate with them, and when you can expect to get a cash offer from them.
We wrap up by mentioning that we are currently looking for financial advisers to join the Opes team. Send us a text at 5522 and we'll let you know where to email your CV.
8/24/2021 • 11 minutes, 41 seconds
Which Homeowners Should Sell To a Private Buyer? Part #2⎜Ep. 712
In this episode, we discuss which homeowners and property investors should sell their properties through a private buyer.
We discuss how much less a private buyer would offer you compared to selling your property on the open market. And we also discuss how quickly you can expect to get an offer from a private buyer once you start a conversation.
We wrap up by mentioning that we are currently hiring financial advisers at Opes Partners. If you're an AFA send us a message on 5522, or send your CV to [email protected]
8/23/2021 • 16 minutes, 21 seconds
Real Estate Agents vs Selling Privately – Part #1 with Slade Hocking⎜Ep. 711
In this episode, we discuss whether you should sell your property through a real estate agent or sell your property privately.
This is the first of a two-part series where we first hear from a real estate agent, before hearing from a private buyer, who purchases properties themselves.
8/22/2021 • 17 minutes, 47 seconds
Peculiar High Yielding Apartments ... Recap of Safari Group Episode of The Deal – with Slade Hocking⎜Ep. 710
In this episode, we recap one of the most recent episodes of The Deal, where Simon Taylor from Safari Group pitched a series of peculiar apartments to the Deal Makers.
Slade Hocking joins the show to give his perspective as a Deal Maker on the apartments and talks through why he wanted to do a deal on the apartments.
Want to watch the episode of The Deal? Click the link to watch.
8/21/2021 • 16 minutes, 18 seconds
Should I Keep My Own Home As a Rental Property Once I Move Out?⎜Ep. 709
In this episode, we discuss whether you should keep your own home – that you're living in – as a rental once you find a new property to call home.
We mention that any property can be a rental property, but that doesn't make it a good investment property. We tell you the tell-tale signs to look out for.
We also mention our ROI spreadsheet, which you can download to run the numbers on your investment property. And also the most recent episode of The Deal.
8/20/2021 • 13 minutes, 45 seconds
Committed vs Uncommitted Payments + The Subtle Difference That Can Stop You Borrowing More⎜Ep. 708
In this episode, we discuss what property investors need to know about the difference between committed payments and uncommitted payments when it comes to organising their finances.
This comes off the back of our most recent property investment webinar, where we showed investors how to borrow more from the bank to borrow more.
We also mention our updated mortgage affordability calculator and that you can download the new servicing spreadsheet here.
8/19/2021 • 14 minutes, 6 seconds
Bonus Episode: How to Get More Money From the Bank – Webinar Audio – with Peter Norris
In this special bonus episode, you'll hear the audio from a recent property investment webinar where we discussed how to get more money from the bank.
Here, Ed is joined by mortgage advisor, Peter Norris to take you through the 5 strategies to borrow more, how banks assess your mortgage and several case studies.
We also mention our new servicing spreadsheet where you can put in your own numbers to see if you can borrow more from the bank.
8/18/2021 • 1 hour, 26 minutes, 48 seconds
Data Day – How Is The Property Market Going Right Now? August '21⎜Ep 707
saIn this episode, we discuss how the New Zealand property market is going right now. This includes a look at the data that's most likely to interest property investors.
We go through price, volume and listings movements, so you can tell whether it's a good time to invest or not.
We also mention that the latest episode of The Deal has just gone live. Click the link to watch or go to thedeal.co.
8/18/2021 • 15 minutes, 47 seconds
Jargon Buster: What Property Investors Need to Know About Cross Collateralisation⎜Ep. 706
In this episode, we discuss what property investors need to know about cross collateralisation and interlocking guarantees.
This is where your properties are used as security for one another so that the bank has the confidence to lend to you.
We also mention that the day this episode goes live another episode of The Deal will be released. Click the link to watch NZ's first property investment TV show.
8/17/2021 • 13 minutes, 4 seconds
My Investment Properties Have Gone Up In Value ... Am I Ready to Go Again?⎜Ep. 705
In this episode, we discuss what happens if your investment properties have gone up in value and how to tell if you are ready to go again.
This is based off a question from a listener of the show who wants to leverage off the investment properties that still haven't been built yet. We go through an advanced strategy for how to free up equity and go again.
We also discuss our upcoming property investment webinar, which is on 17th August at 7pm. Click the link to register and learn how to get the bank to lend you more money so you can invest in property.
8/16/2021 • 14 minutes, 36 seconds
Is Levin A Good Area To Invest In? Here's What the Data Says⎜Ep. 704
In this episode, we discuss whether Levin is a good area to invest in for property investment. This includes an analysis of the property cycle in Levin, incomes, and employment opportunities within the region.
We discuss that while Levin has had enormous capital growth over the last half a decade, the frothy market may be near its peak – so may not represent the best investment right now.
We also mention that we are about to release a new episode of The Deal – NZ's first property investment TV show.
8/15/2021 • 15 minutes, 20 seconds
Advanced: What If I Build a Minor Dwelling Now And Subdivide Once Zoning Rules Change?⎜Ep. 703
In this episode, we discuss whether it makes sense for a property investor to build a minor dwelling on a section that can't currently be subdivided ... but with the intention of subdividing once zoning rules change.
We go through an analysis of the zoning rules within the Christchurch City Council and talk about the costs of subdividing a section retrospectively.
We also discuss our upcoming property investment webinar, which is on 17th August at 7pm. Click the link to register and learn how to get the bank to lend you more money so you can invest in property.
8/14/2021 • 15 minutes, 57 seconds
Landlord Fined $9k For Bullying Tenant – How To Do Property Investment The Wrong Way⎜Ep. 702
In this episode, we discuss a case study from the tenancy tribunal where a landlord and property investor was fined almost $9k for breaching the residential tenancies act.
We take you through what the fines related to and the lessons you can learn so you can stick within the code and be an ethical landlord.
We also discuss our upcoming property investment webinar, which is on 17th August at 7pm. Click the link to register and learn how to get the bank to lend you more money so you can invest in property.
8/13/2021 • 16 minutes, 51 seconds
Murder Houses – If Someone Dies In My House, Does It Go Down In Value?⎜Ep. 701
In this episode, we discuss whether a death, murder or other sordid crime occurring within your property will decrease its value.
We tap into research that looks at some of New Zealand's most sordid crimes and discuss whether that might provide an opportunity for property investors and home buyers.
We also discuss our upcoming property investment webinar, which is on 17th August at 7pm. Click the link to register and learn how to get the bank to lend you more money so you can invest in property.
8/12/2021 • 15 minutes, 49 seconds
What If We Purposely Crashed the NZ Housing Market?⎜Ep. 700
In this episode, we reply to a Stuff article where architect, Jade Kake, suggested crashing the New Zealand housing market on purpose.
We go through the arguments why property investment is needed and why the policy prescriptions suggested are unnecessary and ludicrous.
We wrap up the episode by mentioning our upcoming property investment webinar, where you'll learn how to get more money from the bank.
8/11/2021 • 17 minutes, 25 seconds
For Jade: How Will The IRD Tax My JV + Partnership If My Partner Lives In The Property?⎜Ep. 699
In this episode, we discuss how the IRD would tax a property investor if their business partner lives in the property as an owner occupier.
We walk through whether you would have to charge rent, or if instead, you would only charge half rent, along with how the bank would treat the property i.e. investment vs owner occupier.
We also mention our upcoming property investment webinar on the 17th of August at 7pm. Sign up to learn how to get more money from the bank to invest in property.
8/10/2021 • 13 minutes, 27 seconds
New Rules Coming From Reserve Bank – Low Deposit Lending Limited + Potentially DTIs⎜Ep. 698
In this episode, we discuss upcoming changes by the Reserve Bank, who is moving to limit low deposit lending to owner occupiers.
We discuss whether this will have any effect on the market, as well as other potential measures that could be introduced for property investors. This includes looking at Debt to Income ratios (DTIs) and minimum servicing test interest rates.
We also mention our upcoming property investment webinar, which is on Tuesday 17th August at 7pm. Come along to learn about how to get the bank to lend you more money.
8/9/2021 • 13 minutes, 43 seconds
Just Starting Out #4 – This First Home Buyer Went To 100+ Open Homes Before Buying – Here's What She Learned⎜Ep. 697
In this episode, we are once again joined by Simran Kaur from the Girls That Invest podcast to talk about the process she went through to purchase her first home.
Sim shares that she went to over 100 open homes and began keeping a spreadsheet of what she thought properties would sell for, and then matched it up with what they actually sold for at the time.
We also mention our upcoming property investment webinar, where you'll learn how to get more money from the bank so you can invest in property.
8/8/2021 • 16 minutes, 2 seconds
Just Starting Out #3 – How This First Home Buyer Saved $57k In Just 12 Months⎜Ep. 696
In this episode, we are joined by Simran Kaur from the Girls That Invest Podcast to talk about how she saved $57k to purchase your first property.
Sim takes us through how she got her expenses down and increased her income to get closer towards her goal.
We also mention our upcoming property investment webinar, where you'll learn how to get more money from the bank so you can invest in property.
8/7/2021 • 17 minutes, 16 seconds
Just Starting Out #2 – How To Get A Low Deposit Loans + Get Into Your First Property⎜Ep. 695
In this episode, we discuss how property investors can use low deposit loans to get into their first property.
This includes an analysis of how to legitimise your KiwiSaver withdrawals and the additional costs you have to pay if using a low deposit loan.
We wrap up the show by mentioning our upcoming property investment webinar. You're going to learn how to get money from the bank to invest in property.
8/6/2021 • 15 minutes, 7 seconds
Just Getting Started #1 – Where Can I Find Cheap Properties?⎜Ep. 694
In this episode, we discuss where property investors who are just getting started can find cheap properties to purchase.
We look at the distribution of property prices across each of the main centres, and discuss where you can find a market of cheap properties just out of each main centre.
To wrap up we mention our upcoming property investment webinar. This is where you can find out how to get the bank to lend you more money to invest in property.
8/5/2021 • 16 minutes, 53 seconds
Resimac Boss On When You Shouldn't Use Resimac + Use a Different Non-Bank Lender Instead⎜Ep. 693
In this episode, we are once again joined by Luke Jackson from Resimac, a non-bank lender, to discuss when Resimac wouldn't be the right lender for you, and who to use instead.
We also discuss the lay of the land in the non-bank sector, how non-bank lenders operate in Australia, and how that might impact NZ in the future.
We also discuss our upcoming property investment webinar, which is happening on the 17th of August, 7pm. Click the link to register.
8/4/2021 • 12 minutes, 21 seconds
20-Year Interest Only Loans + How To Work With a Non-Bank Lender – With Luke Jackson from Resimac⎜Ep. 692
In this episode, we discuss how to work with a non-bank lender and the products that may be appropriate for property investors.
Here, we are joined by Luke Jackson from Resimac to also take you through where he sees interest rates heading.
We also mention our upcoming property investment webinar, which is on Auckland 17th at 7pm. Click the links to register.
8/3/2021 • 13 minutes, 57 seconds
Should I Use a Non-Bank Lender? Who Are They Right For? With Luke Jackson – Resimac⎜Ep. 691
In this episode, we discuss whether property investors should use a non-bank lender when building their property portfolio. This is hosted with special guest, Luke Jackson, the General Manager at Resimac.
Here we discuss the types of people that Resimac works for – prime borrowers, investors, business owners, and people with poor credit.
We also mention that our next property investment webinar is coming up on August 17th at 7pm. You'll learn how to figure out how much money you can get from the bank. Click the link to register.
8/2/2021 • 14 minutes, 37 seconds
Should I Invest In Boarding Houses? Real Numbers + What Investors Need To Know⎜Ep. 690
In this episode, we discuss whether property investors in NZ should invest in boarding houses. This includes a run down of the real numbers behind them and what to look out for.
We go through the additional yield you might be able to get, along with the increased costs that you'll need to watch out for.
We also mention our new series – The Deal – NZ's first property investment TV show. Click the link to watch the 2nd episode.
8/1/2021 • 17 minutes, 7 seconds
Money Mindset #3 – How To Get The Motivation To Grow Your Portfolio – Today is Your Day⎜Ep. 689
In this episode, we discuss how to get the motivation to finally invest in property or to grow your portfolio.
We go through how we've motivated ourselves in the past and the people we've met who motivate and inspire us to keep going.
We also mention that the second episode of The Deal is now live. Click the link to watch.
7/31/2021 • 11 minutes
Money Mindset #2 – Good Debt vs Bad Debt – Can Debt Be Good?⎜Ep. 688
In this episode, we discuss good debt vs bad debt for NZ property investors. We define good debt as anything you borrow to purchase investable assets.
Whereas bad debt is anything you borrow that stops you from taking on good debt. That includes credit cards, personal loans, car loans ... and even personal owner occupier homes too.
We also mention that the second episode of The Deal has just gone live. Click the link to watch NZ's first property investment TV show.
7/30/2021 • 16 minutes, 58 seconds
Money Mindset #1 – How Do I Convince My Partner to Invest In Property?⎜Ep. 687
In this episode, we kick off another new series called The Money Mindset. And in today's show, we dig into how to convince your partner to invest in property with you.
We go through how to use micro-commitments to ease your partner into it, as well as how to work through their concerns and objections.
We also mention that the second episode of The Deal has just gone live. Tune in to watch Blair Chappell from Williams Corporation pitch to our three tough Deal Makers.
7/29/2021 • 14 minutes, 16 seconds
Are Properties In Whanganui A Good Investment? / Is Whanganui A Good Place To Invest?⎜Ep. 686
In this episode, we discuss whether it is a good idea for New Zealand based property investors to buy properties in the Whanganui District.
We dig into recent house price growth within the district as well as expected population growth, income and demographic trends to make a call about whether it's worth investing today.
We also mention that last night the second episode of The Deal went live last night. Tune in to see Blair Chappel from Williams Corporation pitch to the three tough Deal Makers.
7/28/2021 • 16 minutes, 51 seconds
Should I Use a Buyers Agent? And What Does a Buyers Agent Do?⎜Ep. 685
In this episode, we discuss what Buyers Agents are the types of property investors that they are the right for. This comes from a listener of the show Jay, who we met at our podcast dinner in Queenstown.
We go through the types of properties that a buyers agent is likely to recommend (depending on how you brief them) and a couple of different options you can use here in New Zealand.
We also mention our article which goes through how to tell whether a property coach is biased or not. And give a shout out to The Deal, our new video series, where the second episode will release tonight.
7/27/2021 • 16 minutes, 35 seconds
Beware These Unintended Consequences of The Govt's Latest Taxes + How To Think Like An Economist⎜Ep. 684
In this episode, we discuss the unintended consequences of the government's latest taxes targeting property investors.
We go through four different scenarios so that you can start to think more like an economist.
We also mention that the first episode of our new property investment TV show, The Deal is now live. Click the link to watch the first episode.
7/26/2021 • 14 minutes, 31 seconds
What's a Soffit? + How Do They Stop Leaky Buildings? + Wrap-Up of The Deal⎜Ep. 683
In this episode, we wrap up the first episode of the deal and take you through the key elements that were discussed during the show.
This includes a deep dive into the discussions around whether the properties presented had the potential to leak due to the lack of soffit's and eaves.
We also mention that you can watch the first episode of The Deal now on-demand. Click the link to watch the first episode. This is New Zealand's first reality-TV style TV show dedicated to property investment.
7/25/2021 • 14 minutes, 28 seconds
Developer Series #4 – What's The Exact Process To Get My 1st Development Project Off The Ground?⎜Ep. 682
In this episode, we are once again joined by Vinny Holloway from Brooksfield to round out our "How to Be a Property Developer" series.
Here we take you through the exact process you need to go through to get your first development project off the ground ... from council consent through to getting the thing built.
We also mention that the first episode of our new property investment TV show, The Deal is now live. Click the link to watch the first episode.
7/24/2021 • 15 minutes, 42 seconds
Developer Series #3 – Rising Construction Costs ... How Much Are Costs Really Increasing?⎜Ep. 681
In this episode, we dive into the third instalment of our four-part series teaching you how to become a property developer.
Here, we go through how the price of S30 structural timber has increased by 24% over the last 12 months, which compares to a rise of just over 3% for all construction costs.
We also mention that the first episode of our new property investment TV show, The Deal is now live. Click the link to watch the first episode.
7/23/2021 • 12 minutes, 42 seconds
Developer Series #2 – How Do I Find The Site For My First Project as a Developer?⎜Ep. 680
In this episode, we are once again joined by Vinny Holloway from Brooksfield to discuss how to find the site for your first project as a developer.
We go into the details abut the types of suburbs you might look into, as well as how many sites you might need to look at before you find the right one for your first project.
We also mention that the first episode of our new property investment TV show, The Deal is now live. Click the link to watch the first episode.
7/22/2021 • 14 minutes, 17 seconds
Developer Series #1 – How Much Money Do I Need To Become A Property Developer? ⎜Ep. 679
In this episode, we are joined by Vinny Holloway from Brooksfield to discuss how much money you need to become a property developer in New Zealand.
We discuss that to become a developer you need to be able to buy the land without a mortgage. That means purchasing either with cash or by leveraging against a different property that you already own.
We also mention that the first episode of The Deal has just gone live. Watch it on demand at www.thedeal.co.
7/21/2021 • 18 minutes, 36 seconds
Interest Rates On The Rise ... What's Causing It + How High Will They Go?⎜Ep. 678
In this episode, we discuss rising interest rates from the four major banks as well as what's causing the rise.
We dig through the Reserve Bank's latest monetary policy review, along with how wholesale interest rates are moving. This allows property investors to get a sense of where interest rates will move in the future and how to handle them.
We also mention that the first episode of The Deal goes live at 7pm the night this episode is released. Tune in from 7pm for NZ's first reality-tv style show dedicated to property investment.
7/20/2021 • 14 minutes, 53 seconds
Help! Should I Sell My Auckland Apartment? Future Predictions For The Auckland Apartment Market⎜Ep. 677
In this episode, we detail our predictions for the Auckland Central apartment market, including whether this is a good time to sell or whether it's better to continue holding on.
This comes from a listener of the show, who has an apartment in the Sugartree complex, where the price of her property has fallen since her initial purchase.
We go through whether she should sell, or whether it's better to weather the storm.
7/19/2021 • 18 minutes, 19 seconds
How To Decrease Your Tax Rate Using Trusts, LTCs and Ownership Structures⎜Ep. 676
In this episode, we discuss how to decrease your effective tax rate using different ownership structures like trusts, LTCs and other ownership structures.
Please get personalised financial advice from a property accountant before implementing any ownership structure because these are very situation specific.
We also mention that The Deal is launching officially on Wednesday 21st July. Register to watch the first episode here.
7/18/2021 • 15 minutes, 21 seconds
Rapid-Fire – 28 of Your Property Investment Questions Answered in 15 Minutes⎜Ep. 675
In this episode, we run a rapid-fire of 28 property investment questions, answered in 15 minutes. These include clarifications of the government's most recent tax changes for property investment, as well as specifics on individual investor situations.
These have all come from questions asked by real investors at our most recent property investment webinar.
We also mention that The Deal is launching officially on Wednesday 21st July. Register to watch the first episode here.
7/17/2021 • 18 minutes, 20 seconds
Are Lifestyle Blocks A Good Investment? And Do They Grow In Value Faster?⎜Ep. 674
In this episode, we discuss whether lifestyle blocks are a good investment alternative and whether they increase in value more quickly than other properties.
The key message is that lifestyle blocks aren't as easily subdividable as many might first think. This is because there aren't access to services like sewerage and water than inner city properties.
We also mention that The Deal is launching officially on Wednesday 21st July. Register to watch the first episode here.
7/16/2021 • 17 minutes, 52 seconds
Case Study: How This Reno-Focussed Investor Will Take Her Next Step In Her Journey – with Ilse Wolfe⎜Ep. 673
In this episode, we are once again joined by property investor Ilse Wolfe, who joins us to walk through a case study of how to complete a successful renovations focussed strategy.
We also mention that Ilse is currently offering Cashflow Hacking sessions for investors with an existing portfolio. Email [email protected] to book. The fee for this session is $250 + gst.
We also mention our new property investment show, The Deal. The first episode goes live on Wednesday 21st July. Click the link and sign up to get notified when the first episode goes live.
7/15/2021 • 15 minutes, 48 seconds
Case Study: How To Create Passive Income Through Renovations – with Ilse Wolfe⎜Ep. 672
In this episode, we are joined by property investor, Ilse Wolfe, to discuss a case study where an investor increased their passive income through a renovations-focussed property investment strategy.
We walk through the exact numbers the investor used to create the passive income and how they renovated the properties to create it.
We also mention that you can book a Cashflow Hacking session with Ilse by emailing her directly on [email protected].
7/14/2021 • 15 minutes, 27 seconds
Should I Buy Now + Renovate Now ... Or Wait For The New Tax Rules? – With Ilse Wolfe⎜Ep. 671
In this episode, we discuss whether you should buy now and renovate, or wait for the new tax rules (which may provide new opportunities for active property investors.
Throughout the show we are joined by property investor Ilse Wolfe, who walks us through the three arguments for why you might like to buy and renovate now, rather than waiting for the rules to change.
We also mention that you can watch our new property investment TV show from Wednesday 21st July by going to Thedeal.co.
7/13/2021 • 14 minutes, 33 seconds
Back to Basics #4/4 – What're The Exact Steps To Securing an Investment Property? A Step By Step Guide⎜Ep. 670
In this episode, we kick off the first episode in our four-part Back to Basics series. Here, we go through how to get goals, set strategy and pick properties as a step by step guide. This is specifically geared for New Zealand based property investors.
We also mention these podcasts:
How to Succeed at an Auction
How to Negotiation and Deadline Sales
How to Win at Tenders and Auctions
You can also find any episode we've ever recorded using the Property Academy Podcast Catalogue.
7/12/2021 • 10 minutes, 25 seconds
Back to Basics #3/4 – A Simple Way to Calculate If You Can Afford Rental Properties On Your Income ⎜Ep. 669
In this episode, we delve into the third instalment of our four-part Back to Basics series. Here, we give you a simple formula for calculating whether you can afford a rental property on your income. This is specifically geared for New Zealand based property investors.
We also mention these podcasts:
6 Strategies You Can Use To Improve Your Mortgage Servicing
You can also find any episode we've ever recorded using the Property Academy Podcast Catalogue.
We also mention our new mortgage borrowing calculator, which you can use to test how much you might be able to borrow right now.
7/11/2021 • 15 minutes, 49 seconds
Back to Basics #2/4 – Who You Need On Your Team When Investing In Property + How Much They Cost⎜Ep. 668
In this episode, we continue on our Back to Basics series. Here, we go through the exact professionals you want on your team when starting out in property investment in New Zealand.
We also mention these podcasts:
The Top 7 Property Managers in New Zealand
The Top 10 Mortgage Brokers in New Zealand
The Top 5 Property Accountants in New Zealand
You can also find any episode we've ever recorded using the Property Academy Podcast Catalogue.
7/10/2021 • 14 minutes, 13 seconds
Back to Basics #1/4 – Getting Goals, Setting Strategy and Picking Properties⎜Ep. 667
In this episode, we kick off the first episode in our four-part Back to Basics series. Here, we go through how to get goals, set strategy and pick properties as a step by step guide. This is specifically geared for New Zealand based property investors.
We also mention these podcasts:
Top 10 Property Investment Strategies
The Exact Steps To Take When Using Your Home To Buy a Rental Property
You can also find any episode we've ever recorded using the Property Academy Podcast Catalogue.
7/9/2021 • 15 minutes, 40 seconds
The Devil is in the Detail – Dealing with Developers + A Day in the Life of Andrew Nicol⎜Ep. 666
In this episode, we discuss a day of the life on Andrew Nicol, and specifically detail some of the challenges that come with dealing with developers.
Here, Andrew takes us through some of the challenges that he's had with even trusted developers. These include prices and floor plans changing, through to extensions not being granted.
We also mention that our next episode will be a series of "Back to Basics", taking you through the key things you need to remember as a property investor.
7/8/2021 • 19 minutes, 7 seconds
Bonus: Audio From "How the Govt's Tax Changes Will Impact Property Investors" Webinar
In this special bonus episode, you can listen to the full audio from our latest webinar, around how the government's tax changes will impact property investors.
Click here to watch the full recording of the property investment webinar.
7/8/2021 • 1 hour, 23 minutes, 33 seconds
The Final Battle – The Numbers on P+I vs Interest Only + Download the Spreadsheet⎜Ep. 665
In this episode, we un the numbers on Principal and Interest vs Interest Only and show the difference between the two. This comes off the back of multiple questions from listeners of the show asking why we recommend interest only mortgages.
We go through the return on investment for both instances, and walk through why managing the cash you put into an investment property is so important.
Finally, we also mention that you can download the spreadsheet that we talk about on the show, so you can run the numbers for yoursel.
7/7/2021 • 14 minutes, 30 seconds
What's in a Registered Valuer's Report? And How Can I Use The Same Process To Figure Out If I Have Equity?⎜Ep. 664
In this episode, we discuss what goes into a Valuer's report. We also go through how to use the exact 4 step process to get a sense of what your property is worth.
Because, although you can get a figure from Homes.co.nz or Oneroof.co.nz, it may not be accurate, and you may have more equity that the websites suggest.
We also mention that you are invited to our red-carpet premiere screening of our new video series, The Deal, on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
7/6/2021 • 13 minutes, 25 seconds
Case Study: What To Do + How To Act When Getting A Registered Valuation⎜Ep. 663
In this episode, we discuss Ed's recent situation where he had to get a registered valuation on a property to go and purchase the next property.
We discuss the exact steps he took in order to get the best chance at receiving a favourable valuation, and what you can do too.
Don't forget too that our monthly property investment webinar is on tonight at 7pm. Click the link to register.
7/5/2021 • 18 minutes, 32 seconds
The Exact Steps To Take When Using Your Home To Buy a Rental Property⎜Ep. 662
In this episode, we walk you through the exact steps to take when leveraging your home to buy a rental property. This includes which financial products to use e.g. a revolving credit, and how to use them to give you flexibility when taking your first steps.
We also mention our podcast catalogue. where you can search through to find previous episodes of the show.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
7/4/2021 • 15 minutes, 56 seconds
How Track Your Portfolio – The Exact Spreadsheet This Property Investor Uses – Listener Case Study⎜Ep. 661
In this episode, we are once again joined by a listener of the show – Gareth. Here, Gareth shares how he tracks his property portfolio and his financial life through a spreadsheet.
He shares what he's tracking, how he tracks it, and the insights he gains from it.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
7/3/2021 • 15 minutes, 22 seconds
War Stories and Costly Mistakes From 15 Years In Property Investment – Listener Case Study⎜Ep. 660
In this episode, we are once again joined by a listener of the show, Gareth, who shares his mistakes investing in property from the last 15+ years.
Gareth shares the stories of when he bought the wrong properties ... and when he bought the wrong properties at the wrong time.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
7/2/2021 • 17 minutes, 44 seconds
Listener Case Study: How This Investor Grew Their Property Portfolio To 5 Houses – Part #1⎜Ep. 659
In this episode, we are joined by a listener of the show, Gareth to discuss how he has grown his property portfolio to 5 properties, including both the ups and downs.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
7/1/2021 • 14 minutes, 29 seconds
NZ Housing Market Frothiest In The World Says Bloomberg – But Is It a Bubble?⎜Ep. 658
In this episode, we discuss a recent article from Bloomberg, which ranks the world's housing markets in order of how bubble-like they appear to be.
We walk through the media company's analysis and talk about whether it's unsafe to invest in the NZ property market.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/30/2021 • 17 minutes, 37 seconds
Fixed Terms vs Periodic Tenancies – Which Is Better + Does Fixed Term Even Make Sense Anymore?⎜Ep. 657
In this episode, we discuss whether investors should use a fixed term or a periodic tenancy. We discuss which is which and also how new legislation has made Fixed-Term tenancies lose their teeth.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/29/2021 • 11 minutes, 19 seconds
Mythbusters – Does More Land = More Capital Growth? Here's What The Data Says⎜Ep. 656
In this episode, we discuss whether investors who buy larger sections of land will see higher capital growth.
We dig through the data and show you our process for how we go about solving this myth.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/28/2021 • 16 minutes, 29 seconds
How To Spot Scams and Dodgy Developers – Real Life Examples + Tools You Can Use⎜Ep. 655
In this episode, we discuss how to spot scams and dodgy developers when evaluating investment opportunities. This includes how to use the NZ Legal Information Institute to check out the background of a developer.
We also discuss the types of misdemeanours that should and shouldn't scare you off a developer.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/27/2021 • 14 minutes, 24 seconds
Data Day – What's Happening In the Market Right Now? House Price Growth Slows ... But Rents Pick Up⎜Ep. 654
In this episode, we review the latest data on the NZ property market and discuss how the market is performing right now.
This includes an analysis of why property growth hasn't slowed as much as some may have feared, and which metric has picked up over recent months.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/26/2021 • 15 minutes, 11 seconds
Permission Granted To Introduce Debt to Income Ratios ... Here's How They Could Impact You ⎜Ep. 653
In this episode, we discuss the potential introduction of Debt to Income ratios in NZ. This comes on the back of the Finance Minister, Grant Robertson giving permission to the Reserve Bank to introduce the tool.
We discuss how debt to income ratios are calculated, and the potential impact on your ability to invest in property.
We also mention that you are invited to our red-carpet premiere screening of our new video series on 15th July 2021. This is solely in Christchurch, so if you are based in the Garden City, come along.
We will also announce more details about the video series at our upcoming property investment webinar. It's on 6th July. Click the link to register.
6/25/2021 • 17 minutes, 41 seconds
How Quickly Will House Prices Increase In The Future ... House Price Forecasts⎜Ep. 652
In this episode, we discuss our predictions and forecasts for how quickly house prices might increase in the future.
This is based off predictions by both the Treasury and the Reserve Bank. We also go through whether the predictions from these organisations can be relied upon, and an analogy for thinking about the drivers of future house price increases.
We also mention that if you have a topic you'd like us to discuss on the show, then please text us. Our number is 5522. It would be great to hear from you.
6/24/2021 • 16 minutes, 23 seconds
9 Signs You're Investing In Property the Right Way⎜Ep. 651
In this episode, we discuss the 9 signs that you're investing in property the right way. This acts as a checklist to remind yourself whether you've forgotten any of the foundational steps.
These include knowing your property accountants first name, using a property manager, investing around the country and man more.
We also discuss our upcoming property investment webinar, which is happening on the 6th July. Click the link above to register.
6/23/2021 • 15 minutes, 21 seconds
How Do I Figure Out If The House I Want To Buy Has Building Issues? Doing Due Diligence On Existing Properties⎜Ep. 650
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, we discuss how to do Due Diligence on an existing property.
Here, Kyle shares that first home buyers need to be very careful not to worry too much about the contents of a building inspector's report. Often a building inspector will write everything that could possibly be wrong with a house ... but not everything needs to be fixed at once.
We also mention that if you've got a topic you'd like to hear us talk about on the show, you should send us a text. Our number is 5522. It would be great to hear from you.
6/22/2021 • 14 minutes, 19 seconds
How Do I Tell Whether A Developer Builds A Good House Or Not? How To Do Due Diligence On A New Build⎜Ep. 649
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, we discuss how to do Due Diligence on a New Build and how to tell whether a developer builds a good product or not.
Here, Kyle shares that investors need to be wary of just looking at a show home and thinking that their property will be of similar quality. Showhomes are usually built to a higher spec than other properties that investors would buy off the plans. So they need to be aware of this.
In the next episode, Kyle will detail how to conduct Due Diligence on an existing property.
6/21/2021 • 16 minutes, 22 seconds
Should I Worry About Buying A Plaster Home? What Property Investors Need To Know⎜Ep. 648
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, we discuss the details of whether investors should be worried about purchasing a plaster home.
Here, Kyle shares that investors only need to worry about purchasing plaster homes that don't have a cavity system. This system was introduced between 2004-2007. So investors purchasing homes after this period generally needn't be worried.
In the next episode, Kyle will detail how to conduct Due Diligence on a brand new of-the-plans property.
6/20/2021 • 16 minutes, 7 seconds
Marching on Parliament – Our Submission To Govt on Property Investor Tax Changes⎜Ep. 647
In this episode, we continue with the final episode in our five-part series where we detail how the government plans to change tax regulations for property investors.
Here we share the details from our submission to the government, along with the actions we believe they should take in order to increase the housing supply further.
We also mention our upcoming property investment webinar this is where we will fully detail all the changes that the government is proposing and how it'll impact you as a property investor. Click the link above to register.
6/19/2021 • 15 minutes, 38 seconds
How To Structure Your Properties + Mortgages To Pay Less Tax When Interest Deductibility Changes ... Part 4/5⎜Ep. 646
In this episode, we continue with the fourth episode in our five-part series where we detail how the government plans to change tax regulations for property investors.
Here we discuss how to use different entities and mortgage structures to pay less tax when the new regime kicks in.
We also mention our upcoming property investment webinar this is where we will fully detail all the changes that the government is proposing and how it'll impact you as a property investor. Click the link above to register.
6/18/2021 • 15 minutes, 23 seconds
12 Opportunities For Property Investors Under The New Tax Changes ... Part 3/5⎜Ep. 645
In this episode, we continue with the third episode in our five-part series where we detail how the government plans to change tax regulations for property investors.
Here we discuss the 12 opportunities that the new tax opportunities present, including investing in boarding houses, splitting 1 dwelling into 2 and investing overseas.
We also mention our upcoming property investment webinar this is where we will fully detail all the changes that the government is proposing and how it'll impact you as a property investor. Click the link above to register.
6/17/2021 • 14 minutes, 58 seconds
Is My New Build Still A New Build? + The 'Continued Investment Rule' ... Tax Changes Part 2/5⎜Ep. 644
In this episode, we continue with the second episode in our five-part series where we detail how the government plans to change tax regulations for property investors. This is based off a 143-page discussion document that was released only days ago.
Here we discuss whether your New Build is still a New Build under the new rules. We also detail the Continued Investment Rule and whether it's likely to come in.
We also mention our upcoming property investment webinar this is where we will fully detail all the changes that the government is proposing and how it'll impact you as a property investor. Click the link above to register.
6/16/2021 • 14 minutes, 33 seconds
Revealed – Details Of How The Govt Will Change Taxes For Property Investors ... Part 1/5⎜Ep. 643
In this episode, we begin a five-part series where we detail how the government plans to change tax regulations for property investors. This is based off a 143-page discussion document that was released only days ago.
Here we discuss the definition of what a new build is, how long new builds will be exempt for, as well as some of the odd properties that will be considered new.
We also mention our upcoming property investment webinar this is where we will fully detail all the changes that the government is proposing and how it'll impact you as a property investor. Click the link above to register.
6/15/2021 • 15 minutes, 41 seconds
How Do I Get Started In Property As A 20 Year Old? Advice For Younger Property Investors⎜Ep. 642
In this episode, we discuss our advice for younger property investors who are looking to get their start on the property ladder.
This includes a discussion about using the resources that are available to you – whether that is money or skills – as well as the strategies and areas that tend to work better for starting out property investors.
We also mention that property investor, Ilse Wolfe is currently offering cashflow hacking review sessions. This is where Ilse will review your portfolio to give you ideas on how to increase the value of your property so you can earn more rent.
6/14/2021 • 12 minutes, 38 seconds
Am I Too Late? Have I Missed the Boat in Christchurch?⎜Ep. 641
In this episode, we discuss whether property investors have left it too late when considering making an investment in Christchurch. This includes a look at the prices that developers are now selling properties for and how that compares to 11 months ago.
Andrew also takes us through a comparison of a property in the Garden City and compares it with a property in Timaru and one in Auckland. Download the spreadsheet here.
We also mention that property investor, Ilse Wolfe is currently offering cashflow hacking review sessions. This is where Ilse will review your portfolio to give you ideas on how to increase the value of your property so you can earn more rent.
6/13/2021 • 16 minutes, 11 seconds
6 Steps You Can Take To Be a Compassionate Landlord + Property Investor⎜Ep. 640
In this episode, we discuss the 6 steps that regular Kiwi property investors can take to be a compassionate landlord. This includes recognising that while it may be your house, it is the tenants home, and directing your tenants to resources that can help when times are tough.
This comes off the back of comments made by the Minister of Housing and Urban Development, Dr Megan Woods, over the past week.
We also mention that property investor, Ilse Wolfe is currently offering cashflow hacking review sessions. This is where Ilse will review your portfolio to give you ideas on how to increase the value of your property so you can earn more rent.
6/12/2021 • 16 minutes, 4 seconds
The Updated Economics of New Builds vs Existing + Predictions For How The Balance Will Continue To Change⎜Ep. 639
In this episode, we detail how the economics of the battle between New Builds and existing properties has continued to change over the last 6 months.
LVR restrictions have been introduced, interest deductibility changes have come in, ANZ has announced new servicing criteria, and ASB has introduced lower interest rates for new builds. We also detail the impact of Healthy Homes and why tenancy regulation will disproportionately impact owners of existing properties.
Though all is not lost for those seeking to implement a BRRRR strategy. Targeted renovations can still produce both cashflow and capital gains. If you'd like help with this, then you can always review your portfolio with Ilse Wolfe to come up with ideas for how to cashflow hack your properties.
6/11/2021 • 14 minutes, 57 seconds
Bonus: Full Audio From The "How To Run The Numbers On an Investment Property" Webinar
This is a special bonus episode, where we release the full audio from our most recent webinar, How to Run the Numbers on an Investment Property.
This was recorded on 1st June as part of our webinar series. Watch the full webinar here. Or download the spreadsheet mentioned here.
6/10/2021 • 1 hour, 28 minutes, 10 seconds
Wrap-up: The 3 Main Themes From The 'How To Run Your Numbers' Webinar⎜Ep. 638
In this episode, we wrap-up the most recent property investment webinar, where we went through how to run the numbers on your investment property.
The key three themes we cover are ... 1) what ROI to target when running the numbers, 2) How to deal with opportunity cost when assessing a rental property, and 3) the exact interest rates you should account for when analysing a property.
You can also watch the whole property investment webinar here, or listen to the audio version, which has also been released today.
We also mention that Ilse is currently running Cashflow Hacking reviews, to find ways to increase the rent you can gain from your portfolio. Click here to sign up.
6/10/2021 • 11 minutes, 55 seconds
Live Listener Question ... Can I Borrow From the Bank To Subdivide My Property? When You Can + Can't⎜Ep. 637
In this episode, we answer a live listener question on the podcast. Here, we discuss whether you're able to borrow from the bank to subdivide your property.
The answer is yes, most of the time ... but not all of the time. Some investors get caught out when managing their LVR position. Because once you subdivide your property, the original property isn't worth as much. So even if you have more equity, you might not meet the minimum equity requirements.
We also mention that you can leave us a voice message yourself here <----- by clicking the link here <----- We'll select a few of the most interesting messages and answer them live on the show.
6/9/2021 • 11 minutes, 14 seconds
How Investors Are Preparing For Interest Rate Hikes ... + The Conversations They're Having With Mortgage Brokers⎜Ep. 636
In this episode, we are joined by Ella Dromgool from Catalyst Financial. Here, we detail the conversations that Ella is having with investors about the potential for interest rate rises over the next few years.
Ella shares that some investors are beginning to panic at the hint that interest rates may rise shortly. However, any potential interest rate rise is still likely 12 months away ... so investors don't need to worry about breaking their loans and refixing just yet.
Got a topic that you'd like to hear discussed on the show? Send us a text. Our number is 5522. Send us a message. It would be great to hear from you.
6/8/2021 • 11 minutes, 53 seconds
When Should I NOT Cheat On My Bank? (i.e. Split Bank) ... + A 'Dummy's Guide' To Split Banking⎜Ep. 635
In this episode, we are joined by special guest, Ella Dromgool from Catalyst Financial. Here we discuss when it makes sense not to split bank straight away.
We go through the numbers and show that for investors with significant amounts of equity, it may not make sense to cheat on your bank straight away ... that is if it's not going to stop you from growing a portfolio.
Got a topic you'd like to hear discussed on the show? Send us a text. Our number is 5522. It would be great to hear from you.
6/7/2021 • 13 minutes, 15 seconds
Myth Busters ... Do 'Renter' and 'Home-Owner' Areas Really Exist? + Can It Influence Capital Growth? ⎜Ep. 634
In this episode, we discuss a common myth in property investment circles ... the existence of 'Renter' and 'Home Owner' areas. The myth goes that areas that have a higher percentage of home ownership deliver better capital growth, while renter areas have lower capital growth but higher yields.
Is it true? We dig into the data and also talk through a few more robust metrics you can look at when hunting for high capital growth areas.
Got a topic you'd like to hear discussed on the podcast? Send us a text. Our number is 5522, it would be great to hear from you.
6/6/2021 • 12 minutes, 57 seconds
1.1% of Property Owners Sell Their Homes At A Loss ... Who + Where Are They? Can You Learn From Their Mistakes?⎜Ep. 633
In this episode, we discuss Core Logic's latest Pain and Gain report. This report details how many property investors made and lost money when selling their real estate.
We go through the numbers, and show that apartment owners lose money at a higher rate than owners of other property types. We also show that people who sell at a loss also tend to hold their properties for a shorter timeframe.
Got a topic that you'd like to hear about on the podcast? Send us a text. Our number is 5522, it would be great to hear form you.
6/5/2021 • 13 minutes, 22 seconds
Interest Rates Set To Rise? The Clues In The Reserve Bank's Latest Statements ⎜Ep. 632
In this episode, we discuss the latest monetary policy statement released by the Reserve Bank. We cover the potential rise in interest rates that property investors might expect, as well as both the Reserve Bank's and the Treasury's forecasts of house price growth.
The Reserve Bank currently forecasts that they may begin to lift the OCR from mid-2022, rising to 1.75% in 2024. Last time the OCR was at this rate, the 1-year interest rate hovered around 4 - 4.5%.
Got a topic that you'd like to hear discussed on the podcast? Send us a text, our number is 5522. Would be great to hear from you.
6/4/2021 • 17 minutes, 43 seconds
Are First Home Buyers Really Squeezed Out of the Market? Here's What the Stats Say⎜Ep. 631
In this episode, we discuss whether first home buyers are really being squeezed out of the property market in NZ. This is based off new data released by Core Logic as part of their First Home Buyer report.
We detail that first home buyers make a similar proportion of the market as since the report was first started, and that the age of the average first home buyer has stayed stagnant over the past 4 years.
Have a topic that you'd like to hear discussed on the show? Send us a text, our number is 5522. It would be great to hear from you.
6/3/2021 • 12 minutes, 47 seconds
NZ Home Loans – An Honest Review ... Can They Really Wipe Years Off Your Mortgage?⎜Ep. 630
In this episode, we review NZ Homes Loans. This is a mortgage and insurance business, that claims they can wipe years off your mortgage. But are their claims fact or fiction?
We discuss their 'channelling' strategy, where investors use revolving credit and offset accounts to reduce the interest they pay on their mortgage. We also cover when this strategy does and doesn't work.
If you have a topic that you'd like us to discuss on the show, then send us a text. Our number is 5522. It would be great to hear from you.
6/2/2021 • 16 minutes
How to Use Sleep-outs and Cabins To Increase The Rent On Your Investment Property⎜Ep. 629
In this episode, we discuss how property investors can increase the rent that they receive on their properties by using cabins and sleep-outs.
We go through the details of how Kylie from Gardner Homes currently rents sleepouts to investors for $75 a week, which then allows them to increase rents between $112 - $220 per week. We also mention Dreamtime Cabins, an Auckland-based sleepout supplier.
If you've got a topic that you'd like us to discuss, then send us a text. Our number is 5522, it would be great to hear from you.
6/1/2021 • 15 minutes, 9 seconds
Step By Step Guide On How To Run Due Diligence on an Apartment ... Deep Dive Example Of An Auckland Apartment⎜Ep. 628
In this episode, we do a deep dive into how property investors can run due diligence on an apartment. This is based on an apartment Andrew looked at along with a friend.
We talk through the long term maintenance plan of the body corporate, along with the AGM minutes and show which areas of the apartment were costing the most money.
If you have a topic that you'd like us to discuss on the show, we'd love to hear from you. Our number is 5522, whip out your phone and send us a text.
5/31/2021 • 14 minutes, 40 seconds
How This Investor Will Replace Her Income In The Next 3 Years Using Property ... With Ilse Wolfe⎜Ep. 627
In this episode, we discuss how one investor will replace her income through property within the next 3 years. To go through the details, we are joined by property investor, Ilse Wolfe.
We discuss the investor's current portfolio, as well as the changes they hope to make in order to increase cashflow across their portfolio.
We also mention our upcoming property investment webinar, where you'll learn how to run the numbers on an investment property. It's happening Tuesday 1st June at 7pm. Click the link about to register.
5/30/2021 • 14 minutes, 22 seconds
Case Study: Saving Your Existing Portfolio After the Govt Tax Changes with Ilse Wolfe⎜Ep. 626
In this episode, we are joined by property investor, Ilse Wolfe to talk about saving your existing property portfolio, after the government tax changes are introduced.
Here, Ilse takes us through a case study of how one investor renovated her property to massively increase the rent. This will both allow the investor to take more cash from the property, while also paying the additional tax.
We also mention the Opes Accelerate programme as well as our upcoming property investment webinar, click the links to find out more.
5/29/2021 • 15 minutes, 36 seconds
Winners and Losers From The Govt's Latest KiwiSaver Changes ... Which Banks Are In & Which Are Out?⎜Ep. 625
In this episode, we discuss the winners and losers from the government's most recent changes to the KiwiSaver default schemes. ANZ, ASB, and Fisher Funds are the ones no longer involved as a default provider.
Simplicity, KiwiWealth, and BNZ are among the winners. They'll now take a larger share of investors who haven't actively made a choice about their KiwiSaver.
We discuss what this means for investors who are in default funds, and whether you should worry about the government's choice if you're not.
We also discuss our next property investment webinar, where we'll show you how to run the numbers on an investment property, It's happening 1st June at 7pm. Click the link above to register.
5/28/2021 • 11 minutes, 47 seconds
Revealed: The Areas Where Airbnbs Get The Best Rental Yields vs Renting Long Term To Tenants⎜Ep. 624
In this episode, we discuss the areas in New Zealand where Airbnbs get a significantly better rental yield compared to renting long term to tenants.
We reveal that the top areas include secondary-holiday destinations, like Hastings, Nelson and Kaikoura. These are areas where there are likely fewer hotels and high-end holiday accommodation, which causes Airbnbs to enter the market.
We also discuss our upcoming property investment webinar, where Andrew and Ed will talk about how to run the numbers on an investment property. Click the link to register.
5/27/2021 • 11 minutes, 51 seconds
Airbnb vs Renting Out Long Term ... Which Is Better For My Property Portfolio?⎜Ep. 623
In this episode, we discuss Airbnb vs renting out your property long term to a tenant. We go through the differences in yields, cashflow and set up costs.
The main takeaway is that Airbnbs on average earn 38% more rent compared to renting out long term, but they also come with higher costs.
We also mention our upcoming property investment webinar, which is happening on Tuesday 1st June at 7pm. Click the link to register.
5/26/2021 • 14 minutes, 55 seconds
"Should I Buy My First Investment In Ngaruawahia?" – The Exact Process + Data Ed Looks At To See If It's a Good Idea⎜Ep. 622
In this episode, we discuss whether it's a good idea to buy your first home or an investment property in Ngaruawahia. Ed shows us the data he would look at (and where he got it from) to assess whether the town is worthy of a second look when it comes to investing.
We find that while Ngaruawahia has historically not had the best reputation, it stacks up much better when looking at the data. While poorer than neighbouring Hamilton, isn't significantly poorer. And while GDP growth in the whole area is sluggish, crime is also lower when you account for population.
To learn more about how to crunch the numbers on an investment property. Come to our next property investment webinar, which is happening on 1st June at 7pm. Click the link above to register.
5/25/2021 • 15 minutes, 45 seconds
Have Interest Deductibility Rules Had Any Impact on the UK Property Market?⎜Ep. 621
In this episode, we discuss whether the interest deductibility rules, which were introduced in the UK in 2017, have had any impact on the UK housing market.
We go through the capital growth numbers, the rental figures, and detail how closely the rules introduced in the UK resemble those that will soon be brought in here.
We also discuss our upcoming property investment webinar, where we discuss how to run the numbers on your investment property. It's on 1st June at 7pm. Click the link above to register.
5/24/2021 • 13 minutes, 59 seconds
How Much More $$ Will I Get If I Sell My House With My Neighbour ... To A Developer⎜Ep. 620
In this episode, we discuss whether property investors and home owners are able to get a better price for their property if they sell their home to a developer along with their neighbour.
We also detail some things you need to think about ... like how the money is divided between the two neighbours, and the premium that developers are really willing to pay.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/23/2021 • 14 minutes, 50 seconds
Debate: 2 Cheap Vs 1 Expensive Property ... Which Should I Invest In?⎜Ep. 619
In this episode, we debate whether property investors should buy 2 cheap, or 1 expensive property when building out their investment portfolio.
We detail the arguments for each, including a discussion around diversification, deferred capital maintenance, the ability to liquidate your portfolio and a whole heap of data.
We also want to know who won the debate ... do you think it's better to buy 2 cheap properties ... or 1 expensive property? Let us know. Our number is 5522. It would be great to hear from you.
5/22/2021 • 12 minutes, 23 seconds
Can I Get An Interest Only Loan Forever? And How Do I Do It? ⎮ Ep. 618
In this episode, we discuss the process for getting an interest-only loan and whether property investors are able to keep getting interest-only loans forever.
We detail the process for getting an interest-only loan and what the bank will do to assess whether you can afford an interest only loan or not.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/21/2021 • 14 minutes, 58 seconds
What Should I Do With My Money When Saving For A Deposit To Buy My Next/First Property?⎜Ep. 617
In this episode, we discuss what property investors should do with their cash while savings up for their next investment property. This could also be applied to first home buyers who are looking to take their first step on the property ladder.
We model out the 5 different options investors have – from leaving the money in the bank, through to investing regularly through the stock market.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/20/2021 • 16 minutes, 2 seconds
Case Study ... The Exact Changes These Investors Will Make to Respond to Government Tax Changes | Ep. 616
In this episode, we discuss the exact actions and changes that some property investors are making in order to respond to the government's tax changes are residential property investment.
In the first case study, one investor Andrew works with will sell 1 existing property to purchase 3 brand new properties. In the other, only a slight tweak is needed to bring the portfolio back into line.
If you are interested in having Andrew review your own portfolio, then reach out at [email protected] and we'll book a time to talk.
5/19/2021 • 15 minutes, 22 seconds
ASB Launches Ultra-Low 1.79% Interest Rate ... But Only For These Investors ... Will the Other Banks Follow?⎜Ep. 615
In this episode, we discuss ASB's new "Back My Build" interest rate. The bank is tapping into the Reserve Bank's 'Funding For Lending' programme to fund this low rate.
This allows property and real estate investors to borrow at much cheaper rates than an existing property. This further tips the economics away from existing and towards new properties.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/18/2021 • 15 minutes, 1 second
Should I Buy An Investment Property If Kainga Ora (Housing NZ) Houses Are Down The Street?⎪Ep. 614
In this episode, we discuss whether you should care, as a property investor, about buying a property when Kainga Ora houses are down the street.
We share some horror stories as well as challenging some stereotypes of what a typical Kainga Ora tenant might be like.
We also mention that if you have a topic idea that you'd like us to talk about on the show, then send us a text. Our number is 5522. It would be great to hear from you.
5/17/2021 • 14 minutes, 13 seconds
Over 60's Units ... They're Cheap, But Does That Make Them Nasty? The Right Investment For Me?⎪Ep. 613
In this episode, we discuss over 60's units, which are a specific type of property, that can only house people over the age of 60. These are typically found in Christchurch and the surrounding towns.
Because they have a limited pool of buyers who can pick them up, they typically are cheaper and have less capital growth than alternative investments. They also have a limited pool of tenants.
We also mention that if you have a topic idea that you'd like us to talk about on the show, then send us a text. Our number is 5522. It would be great to hear from you.
5/16/2021 • 14 minutes, 10 seconds
What Property Do I Buy When I'm Almost Tapped Out & The Bank Soon Won't Lend Me Money?⎪Ep. 612
In this episode, we discuss what sort of property you should buy when you are close to being tapped out, and you expect the bank soon won't lend you more money.
This is a key concern for Kiwi property investors, so we walk through two schools of thought. First investing in growth properties, the other focussing on yield.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/15/2021 • 13 minutes, 41 seconds
This KiwiBuild Developer Just Went Under ... What Happens If My Developer Goes Bankrupt? ... ⎪Ep. 611
In this episode, we discuss whether property investors should be worried if your property developer goes bankrupt and what happens in this situation.
This comes off the back of the developer behind Ormiston Rise, a KiwiBuild development going under, with purchasers left asking questions.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/14/2021 • 15 minutes, 40 seconds
Will The Reserve Bank Limit Interest Only Loans? Here's Their Initial Analysis ...⎪Ep. 610
In this episode, we discuss the Reserve Bank's latest Financial Stability Report. Here, the central bank has released its initial analysis and assessment of the tools it could use to regulate house prices so that they are financially stable.
This includes an analysis of the four tools they have considered, along with how they would potentially impact property investors around New Zealand.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/13/2021 • 14 minutes, 47 seconds
These Properties Earn $11.2k Passive Income From Day 1 – Are Dual Key Apartments Right For Me?⎪Ep. 609
In this episode, we discuss dual key apartments, which are a high yielding investment option that work well for yield-focussed investors, or growth investors who are looking to add a yield property to their portfolio.
We go through the historic capital growth rates on dual key apartments that we have worked with and also detail the yields that you can expect as a property investor.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
In this episode, we discuss new ANZ lending rules that mean that property investors purchasing existing properties require higher yields, or more of their own income to support their mortgage application.
The major bank in NZ now only counts 65% of the rent an existing investment property generates when calculating mortgage affordability criteria. New builds and properties already within an investor's portfolio remains at 75%.
We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on [email protected].
5/11/2021 • 13 minutes, 20 seconds
Surprising Statistics About Property Investors + The NZ Housing Market – Getting Inside the Minister of Housing's Head⎜Ep. 607
In this episode, we discuss advice given from the Ministry of Housing and Urban Development to the Housing Minister, Megan Woods.
This advice was given in the lead up to the government's housing announcement in March. We go through the advice and reveal some of the surprising statistics contained within the documents.
If you have a topic you'd like us to talk about the show, then send us a text. Our number is 5522. It would be great to hear from you.
5/10/2021 • 15 minutes, 35 seconds
Rent Control ... Is It a Good Idea For New Zealand? ... [Warning] Economic Rants Included⎜Ep. 606
In this episode, we discuss whether rent controls are the solution for the New Zealand housing market, and the impact they would have on property investors and landlords.
This includes a few economic rants about the unintended consequences of policies like rent controls, and how they can harm tenants in perverse ways.
If you have a topic you'd like us to talk about the show, then send us a text. Our number is 5522. It would be great to hear from you.
5/9/2021 • 18 minutes, 48 seconds
Which Bank Will Lend Me The Most Money? Deep Dive Into Bank Lending Criteria⎜Ep. 605
In this episode, we discuss the numbers behind each of the main banks lending criteria. This is to show the differences between how each bank will run the numbers on your mortgage application.
We also go through a few real case studies to show that banks are willing to lend vastly different amounts to different types of people.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number is 5522. Whip out your phone it would be great to hear from you.
5/8/2021 • 14 minutes, 31 seconds
Rapid Fire ... 23 Renovations-based Questions From Property Investors In < 15 mins ⎜Ep. 604
In this episode, we answer 23 questions from our recent webinar with property investor, Ilse Wolfe, in under 15 minutes. The questions cover a variety of topics, from the discount code for a particular cabin company, right through to the cost of renovations.
We also announce that we are looking to expand the Opes Accelerate property coaching service into other parts of New Zealand other than Auckland.
Want us to come to your town or city? Let us know that you are keen. Send us a text on 5522 with the city you are in and we'll see if we can make it to your city / town.
5/7/2021 • 14 minutes, 49 seconds
What's The Right Ownership Structure For Me ... Trusts, Companies or My Own Name? | Special Guest Jenny Turner⎜Ep. 603
In this episode, we are once again joined by Jenny Turner. Jenny is a Partner at Wynn Williams, a high-end law firm. Here, she joins us to talk about ownership structures.
Many property investors wonder whether they should hold their properties in trusts, companies or in their own name. Here, Jenny gives a summary of each of them and walks through which one may be the right fight for you.
Got another question about ownership structures? Send us a text, our number is 5522. It would be great to hear from you.
5/6/2021 • 13 minutes, 58 seconds
How To Set Up a JV & Partnership Agreement The Right Way | Special Guest: Jenny Turner⎜Ep. 602
In this episode, we are once again joined by Jenny Turner, a Partner from Wynn Williams, a law firm. Here we discuss how to set up JV, partnership and shareholders agreements the right way.
We talk through some of the intricacies and what partners should be thinking about, as well as how to provision for the eventual exit or termination of the investment relationship.
We also want to hear how you are building your portfolio with partnership and JVs. Send us a text, our number is 5522. It would be great to hear from you.
5/5/2021 • 14 minutes, 38 seconds
Horror Stories From Broken Relationship Property Agreements + How to Negotiate a Fair One | Special Guest – Jenny Turner⎜Ep. 601
In this episode, we are joined by Jenny Turner who is a Partner at Wynn Williams, a law firm. Here, Jenny talks through how to negotiate a fair relationship property agreement.
We also share a few horror stories of where relationship property agreements have gone poorly and where parties have been left even more unhappy than would otherwise already be at the end of their relationship.
Have a topic idea for us? Send us a text. Our number is 5522. It would be great to hear form you.
5/4/2021 • 16 minutes, 22 seconds
This Is Exactly How Real Property Investors Are Changing Their Portfolios In Response to Govt Tax Changes⎜Ep. 600
In this episode, we discuss two case studies of how real property investors are adapting their portfolios in response to the government's tax changes.
These come from recent reviews that Andrew has been running with property investors around the country. This includes selling properties, or purchasing higher yield properties in order to improve their cashflow position.
But, what we want to know is .... what changes are you planning to make to your portfolio in order to respond to these changes? Whip out your phone and send us a text to let us know. Our number is 5522.
5/3/2021 • 12 minutes, 38 seconds
Property Investment Do's and Don'ts ... Including a Few Surprising "Do This' & 'Don't Do That"⎜Ep. 599
In this episode, we discuss what you should and shouldn't do within property investment ... including a few that may surprise you.
These include not paying principal off your property investment mortgage, and not DIYing most of your property investment renovations.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
5/2/2021 • 14 minutes, 58 seconds
Is It Worth Joining My Local Property Investor's Association? And What Do I Get Out of It? ⎜Ep. 598
In this episode, we discuss whether it's worth joining your local property investors association, along with who they are and are not the right fit for.
Our conclusion is that if you join, you need to get involved and turn up to the events if you want to get the most out of your membership. Otherwise you'll get nothing back in return.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
5/1/2021 • 13 minutes
I'm Embarrassed To Admit 😬 ... This Is My Worst Mistake in Property Investment⎜Ep. 597
In this episode, Ed and Andrew take turns to admit what their worst mistake in property investment is. This includes instances where the team have gone against and not followed their own advice 😅.
This includes instances where ed did not create a cashflow ... and where Andrew started paying out money to a friend who was, unfortunately, using it to fulfil a nasty habit.
We also want to know what your worst mistake in investment property is ... send us a text, our number is 5522. We'd love to hear from you.
4/30/2021 • 11 minutes, 15 seconds
When Is It The WRONG Time to Buy an Investment Property? An Honest Review⎜Ep. 596
In this episode, we discuss when the wrong time to invest in property is. This includes a deep-dive on how the answer to the question changes based on the strategy you are currently running.
For instance if your property investment strategy relies on flipping, then you don't want to be investing in a declining market. But, a long term investor can still make money investing in a market in decline.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/29/2021 • 14 minutes, 30 seconds
Leasehold Nightmare – Why This 2-bed Apartment Sold For Just $5,000. [Not a Typo]⎜Ep. 595
In this episode, we talk about a leasehold nightmare, where this property sold for just $5,000 in cash. It's not run down. It's a premium 2-bed, 2-bath, 2-garage apartment in downtown Auckland.
We run through the numbers for property investors, and talk about whether it might be the right addition to an investor's portfolio.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/28/2021 • 10 minutes, 18 seconds
Bonus Webinar Audio: How to "Cashflow Hack" Your Property Investment Portfolio With Ilse Wolfe
In this special bonus episode, we're releasing the audio version of our most recent webinar with property investor, Ilse Wolfe.
Here, Ilse shows us how she cashflow hacked her investment property portfolio to beat the government's tax changes.
Watch the full property investment webinar here.
4/28/2021 • 1 hour, 25 minutes, 21 seconds
Recap From Last Night's 'How to Cashflow Hack Your Property Investment Portfolio' Webinar ⎮ Ep. 594
In this episode, we discuss last night's property investment webinar, where we discussed how to cashflow hack your property investment portfolio using a renovations based strategy.
Throughout the webinar we discussed how to increase the value of your investment portfolio by adding additional rooms to properties, renovating kitchens and bathrooms and replacing flooring.
Check out our property investment webinar library to watch the whole webinar. It will likely be released around midday today.
4/27/2021 • 11 minutes, 59 seconds
What Are "Turnkey" Properties + Are They Right For Me as a Semi-Beginner Investor?⎪Ep. 593
In this episode, we discuss what turnkey properties are and whether they are the right fit for semi-beginner property investors.
This includes a comparison of the different types of payment structures when building a new property – progressive payments and turn-key builds.
We also mention our property investment webinar which is happening this Tuesday 27th April at 7pm. Click the link to sign up.
4/26/2021 • 12 minutes, 13 seconds
A Year in Property – Everything You Need to Do In 12 Months As a Property Investor⎪Ep. 592
In this episode, we go through everything you need to do within a 12 month period when you are a NZ property investor. This includes rent reviews, rate reviews, property inspections as well as a portfolio review.
We also go through how your cashflow can look over those 52 weeks, and how much you might need to top up your property by, even if it is cashflow positive.
We also mention our property investment webinar which is happening this Tuesday 27th April at 7pm. Click the link to sign up.
4/25/2021 • 14 minutes, 53 seconds
How To Calculate the Extra Rent You Can Charge By Adding An Extra Bedroom – Exact Process⎪Ep. 591
In this episode, we discuss the exact process that NZ property investors can use to calculate the additional rent that they can charge when adding an extra bedroom to their rental property.
This includes how to use Tenancy Service's Market Rent tool to calculate the percentage increase of rent that is achievable.
We also mention our property investment webinar which is happening this Tuesday 27th April at 7pm. Click the link to sign up.
4/24/2021 • 12 minutes, 25 seconds
Exposé: 🍆head Developers + Bad Boy Builders – The Bad Behaviour We're Seeing⎪Ep. 590
In this episode, we go through some of the bad behaviour we are seeing from D-head developers and bad boy builders in the market.
This includes developers forcing neighbours to pay for fences and builders not completing some of their projects to standard. We also go through what you can do as an NZ property investor to fight back.
We also mention our property investment webinar which is happening this Tuesday 27th April at 7pm. Click the link to sign up.
4/23/2021 • 14 minutes, 20 seconds
Data Day – What's Happening in the Property Market Right Now? + Predictions and Forecasts ⎮ Ep. 589
In this episode, Ed takes the mic for a solo-episode where he delves into what's happening in the property market right now.
This includes how the Reserve banks monetary policy statement impacts interest rates in the short term – which regions will continue to increase in value, and which ones property investors should avoid.
We also mention our upcoming property investment webinar with Ilse Wolfe. Click the link above to register. It's happening on Tuesday 27th April at 7pm.
4/22/2021 • 13 minutes, 38 seconds
The Steps You Need to Take To Protect Your Wealth | Special Guest: James Blair⎜Ep. 588
In this episode, we are once again joined by James Blair from Catalyst Financial to talk about how to protect your wealth over time.
This includes how the specific types of insurance you may need so that you can hold your property portfolio over the long term.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/21/2021 • 14 minutes, 30 seconds
What Else You Need In Your Investment Portfolio (... Other Than Property) | Special Guest: James Blair⎜Ep. 587
In this episode, we are once again joined by James Blair from Catalyst to talk about the other asset classes that you may want in your investment portfolio ... in addition to investment property.
This includes, shares, mutual funds, bonds, and commercial property.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/20/2021 • 12 minutes, 34 seconds
What Are The Fundamental Elements of a Solid Financial Plan? Special Guest: James Blair⎜Ep. 586
In this episode, we are joined by special guest, James Blair from Catalyst Financial to discuss what goes into a solid financial plan that can provide a passive income for retirement.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/19/2021 • 15 minutes, 44 seconds
What Are Some Good Jobs In the Property Industry That I Could Do Full Time?⎜Ep. 585
In this episode, we discuss a few of the top jobs you could do in the NZ property industry. This list includes the pros and cons of each, as well as a few jobs you shouldn't go near.
We go through real estate agents, financial advisors, property managers, commercial leasing agents, valuers, builders and interior designers.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/18/2021 • 16 minutes, 12 seconds
Ed + Andrew Read Out Their Credit Card Statements .... Where Are They Frittering Away Money On?⎜Ep. 584
In this episode, we read out our credit card statements, finding expenses that Ed and Andrew are frittering away money on. We then plug this into a calculator to determine how much extra they could borrow if they. trimmed these expenses.
These include spending on apps, digital subscriptions that aren't being used, extra dinners out and a couple of other surprises.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/17/2021 • 15 minutes, 4 seconds
6 Strategies You Can Use to Improve Your Mortgage Servicing ... So You Can Borrow and Invest More⎜Ep. 583
In this episode, we discuss 6 different strategies that you can use to improve your servicing when applying for a property investment mortgage, or one for your owner-occupier home.
The strategies include – extending your personal mortgage term, increasing the mortgage term on any investment properties, consolidating debt into your personal mortgage, paying down student loans, cancelling credit cards and reducing KiwiSaver contributions.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/16/2021 • 19 minutes, 29 seconds
Neighbours at War – How To Keep Your Tenants' Neighbours Happy At Your Investment Properties⎜Ep. 582
In this episode, we discuss how to keep your tenants' neighbours happy at your investment properties, including a few war stories of neighbourly disputes from Ed and Andrew.
We also discuss the reasons why you'll want to keep your neighbours happy as a property investor ... and why a little effort can pay dividends.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/15/2021 • 16 minutes, 56 seconds
The Data On How 3,341 Property Investors Say They'll React To The Govt's Tax Attack on Landlords⎜Ep. 581
In this episode, we discuss the results of a recent property investors survey by Tony Alexander, an independent economist and friend of the show.
Here, we go through the numbers and specifically talk about the strategies that property investors are planning to use now, given that the economics of property investment have changed.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/14/2021 • 15 minutes, 39 seconds
Are Tiny Homes The Niche Property Investment Opportunity I've Been Looking For?⎜Ep. 580
In this episode, we discuss whether you can and should invest in Tiny Homes, or purchase one as an owner-occupier. This includes a discussion of some of the gross yields some property investors have been able to achieve.
We also go through the legal definition of a tiny home, and some of the disagreements that tiny home owners have had with local councils.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/13/2021 • 14 minutes, 21 seconds
How To Save $13k+ in Tax With a Chattel Valuation ... And Why They're More Important Than Ever⎜Ep. 579
In this episode, we discuss how to read a chattel depreciation schedule and why they are more important than ever in order to save tax on your investment property.
Many property investors don't both getting a chattel depreciation schedule completed. However, over the long term they can save significant sums by depreciating items like your driveway, the letterbox, carpets, curtains and appliances. Here is a link to what you can depreciate from the IRD.
We also mention our upcoming webinar, where we will discuss how to cashflow hack your property investment portfolio to beat the government's tax changes. Click here to register for the property investment webinar.
4/12/2021 • 14 minutes, 23 seconds
Should I Invest In a Developer's Fund To Get a 10% Return?⎜Ep. 578
In this episode, we discuss whether you should invest in a developer's construction fund, some of which are advertising returns of 8-10%.
Our feeling is that the average Kiwi investor probably shouldn't invest in these funds because the risks of losing your money in a downward market are high. However they may be the right fit for wholesale investors.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/11/2021 • 14 minutes, 43 seconds
What's the Definition of a 'New Build' in the Govt's New Tax Changes?⎜Ep. 577
In this episode, we discuss what the definition of a New Build is within the context of the government's recent tax changes.
We go over the fact that the definition is currently undefined ... and then the process for how the legislation will be drafted and when you can have your say on what the new definitions should be.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/10/2021 • 14 minutes, 10 seconds
What Makes a Good Real Estate Agent? Lessons Learnt From Interviewing 400 of Them⎜Ep. 576
In this episode, we are joined by property investor Jolene Marks – who is also the Head of Talent at the Ray White Damerell Group
In her role, Jolene has interviewed hundreds of real estate agents. Here, she shares how to tell if one is any good or not, and how to go about selecting the right real estate agent for you.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/9/2021 • 14 minutes, 56 seconds
How To Get Surprisingly High Yields With Multi-Unit Properties – With Jolene Marks⎜Ep. 575
In this episode, we discuss the details of how to invest in multi-unit dwellings with Jolene Marks, a property investor who focuses on the Whangarei property market.
Here Jolene walks through what she's learnt from investing in multi-unit properties around the country and the yields she's been able to generate.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/8/2021 • 15 minutes, 3 seconds
Case Study: 7 Properties at Under 35 Years Old. How This Whangarei Property Investor Did It, with Jolene Marks ...⎜Ep. 574
In this episode, we are joined by property investor, Jolene Marks. Jolene is the Head of Talent at the Ray White Damerell Group in Auckland.
Here, Jolene walks through her property investment strategy and portfolio, which centres around higher-yielding properties in Whangarei and other regions.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/7/2021 • 14 minutes, 14 seconds
The Hidden Risks of Getting a New Job While You've Got A New Build Underway⎜Ep. 573
In this episode, we discuss the hidden risks of changing your position while you've got a new build underway. This question comes from a property investor who listens to the show, who has been told by their mortgage broker that they need to be careful about changing their position.
This is generally because when an investor signs a contract to purchase a new build, their pre-approval from the bank may lapse before the property is complete. That means that the investor will need to reapply for the lending.
But, not all investors need to be wary of changing their position ... listen to the podcast to find out why.
We also mention that we are holding a series of property investment dinners. This is where we will take 10 people in Christchurch, Auckland, Wellington and Queenstown out to dinner (+ partners) to talk property investment. Follow @opes_partners on Instagram, share us to your feed or story and give us a review wherever you listen to podcasts. Screenshot them and send it to [email protected] and we'll put you in the draw.
4/6/2021 • 15 minutes, 42 seconds
How Does This Property Boom Compare To Previous Booms ... + How Long Will It Last?⎜Ep. 572
In this episode, we discuss how the current property boom compares to previous property booms, and how long rising house prices will last for.
We discuss that the peak of the market, in percentage terms, is not the peak of the market in dollar terms, and go through examples of where the property market can still experience frothy growth even after property pries don't increase at the same rate.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
4/5/2021 • 14 minutes, 41 seconds
How To Borrow More By Cheating On Your Bank ... Deep Dive On The Dollar For Dollar Exemption⎜Ep. 571
In this episode, we discuss the dollar for dollar exemption. This is a tactic that mortgage brokers and property investors can use to increase the amount they can borrow by using multiple banks.
This works because when you might purchase an investment property from a bank. Then, when you attempt to borrow more from the same bank, they won't allow you to borrow the same amount of money against that first property.
But by moving it to another bank, you are able to take a more significant portion of the mortgage across to the new bank.
4/4/2021 • 11 minutes, 28 seconds
How Much Can Rents Really Increase After The Government Taxes Property Investors More?⎜Ep. 570
In this episode, we discuss how much rents really can increase in response to the government's tax changes, which will see landlords left out of pocket.
We discuss how quickly rents have increased in the past, along with how we expect tenants to respond when rents start to edge higher.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
4/3/2021 • 19 minutes, 28 seconds
The Only 3 Property Strategies That Make Sense After The Government's Tax Changes⎜Ep. 569
In this episode, we discuss the only property investment strategies that make sense after the government enacts their proposed tax changes.
These include investing in new builds, adding significant value to rental properties to increase their cashflow, and purchasing property with a large cash deposit.
We also announce that Ilse is joining us for a property investment webinar to discuss how to increase your cashflow on properties through running renovations. Register for the webinar here.
4/2/2021 • 12 minutes, 51 seconds
What's It Like Paying $20k To Get a Property Coach?⎜Ep. 568
In this episode, we are once again joined by Auckland-based property investor, Ilse Wolfe, to talk about her experience paying $20k to use a professional property coach.
Ilse walks through her experience and what her property coach did and didn't do for her, as well as how it changed her property investment strategy and journey.
We also announce that Ilse is joining us for a property investment webinar to discuss how to increase your cashflow on properties through running renovations. Register for the webinar here.
4/1/2021 • 16 minutes, 19 seconds
How This Investor Made $355k In Just 7 Weeks ... Real Numbers ... With Special Guest, Ilse Wolfe⎜Ep. 567
In this episode, we are once again joined by property investor, Ilse Wolfe. Here, Ilse talks through one of her recent deals where she made $355k in only 7 weeks.
This was a property that Ilse acquired shortly after the Covid-19 lockdowns, which she then renovated to increase its value and cashflow. Ilse now makes a tidy $2k per month in passive income from the property.
We also announce that Ilse is joining us for a property investment webinar to discuss how to increase your cashflow on properties through running renovations. Register for the webinar here.
3/31/2021 • 16 minutes, 40 seconds
Case Study: How This Investor Got Her Start Renovating Properties – With Special Guest, Ilse Wolfe⎜Ep. 566
In this episode, we are joined by property investor, Ilse Wolfe. Based in Auckland, Ilse has focusses on a BRRRR strategy, renovating to increase their equity and their cashflow.
Here, Ilse walks us through her very first renovation, including how she overcapitalised and worked for the equivalent of minimum wage while doing-up these properties.
We also announce that Ilse is joining us for a property investment webinar to discuss how to increase your cashflow on properties through running renovations. Register for the webinar here.
3/30/2021 • 15 minutes, 36 seconds
How Do I Intelligently Answer The Property Investment Naysayers? Arguments Both For + Against Property Investment⎜Ep. 565
In this episode, we discuss how to intelligently answer the property investment naysayers. Here Andrew and Ed each take one side of the argument to give you both sides of the story.
The arguments include: that investors aren't the ones pushing up prices because they are yield focused, that property investors help to improve the quality of New Zealand's housing stock and that investors keep their rents artificially low.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/29/2021 • 15 minutes, 13 seconds
Is Investment Property Still Worth It After the Govt's Tax Announcements?⎪Ep. 564
In this episode, we discuss whether an investment property is still worth it after the government's most recent announcements surrounding interest deductibility tax changes and the extension of the Bright Line Test.
We also go through rental data to determine whether rents are likely to rise in response to landlord's increasing costs, and whether capital growth can still be expected in the future.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
3/28/2021 • 17 minutes, 12 seconds
"House Prices Will Not Fall" ... How The Govt's First Home Buyer Support Locks In Today's House Prices⎜Ep. 563
In this episode, we discuss the final parts of the government's housing announcements, which were released earlier in the week. These measures include allowing more first home buyers to access government support and new funding for infrastructure.
Counterintuitively, we argue that more support for first home buyers, particularly those accessing the housing market with a 5% deposit, will actually lock in today's house prices as the government cannot allow hosue prices to drop away.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
3/27/2021 • 11 minutes, 36 seconds
Bright Line Test Extended – NZ's Capital Gains Tax About To Get Tougher ... But Does It Matter For Me? ⎜Ep. 562
In this episode, we discuss the government's recent announcement that the Bright Line Tests is about to get tougher. Any capital gains you make on a property will be taxable unless you hold the property for 10 years, rather than the previous 5 years.
This will impact NZ property investors around the country. But, it will also be felt by homeowners who temporarily rent out their home e.g. because they move away for work. If these homeowners sell before the 10 year period is up, they will pay a pro rate amount of tax based on how long the property was a rental for.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
3/26/2021 • 13 minutes, 24 seconds
6 Ways To Change Your Investment Strategy To Combat Labour's Tax Announcements⎜Ep. 561
In this episode, we discuss how your property investment strategy might change after Labour's tax announcements are made into policy.
These include looking for higher cashflow properties, raising rents, purchasing new builds, renovating to increase the value and rent on a property, along with claiming as many other deductions as possible.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
3/25/2021 • 12 minutes, 1 second
Breaking News: Government To Tax Property Investors More – Interest Deductibility Removed!⎜Ep. 560
In this episode, we discuss the government's most recent changes to interest tax-deductibility rules. This in effect means that property investors will be taxed significantly more and some properties that were previously cashflow positive will not be cashflow negative.
We walk through how the changes will be introduced, and crucially the exemptions, which include "new builds" which are bought directly from a developer.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
3/24/2021 • 15 minutes, 23 seconds
Should I Allow My Tenants To Have Pets in My Rental Property?⎜Ep. 559
In this episode, we discuss whether you should allow your tenants to have pets within your rental property. This is often an emotional topics and property investors will swing one way or the other.
We also go through which sort of pets you might like to allow and what your decision might depend on, before delving into how to protect yourself from problem tenants and pets.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/23/2021 • 15 minutes, 3 seconds
How Much Money Do You Need To Be Happy In NZ? [Exact Numbers] And How Do You Get It Through Property?⎜Ep. 558
In this episode, we discuss the exact dollar amount that you're expected to need to reach peak happiness in New Zealand, as well as a breakdown of how to get it through property investment.
We talk through ways to build this same level of income through alternative investments, including term deposits. This is where we mention this graph from Craigs Investment Partners.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/22/2021 • 16 minutes, 16 seconds
'How To Get Rich For Certain' Through Property Investment⎜Ep. 557
In this episode, we are once again joined by Matthew Harris from Momentum Property. Here, we discuss how to get rich ... for certain with property investment.
Matt details what he means by 'for certain', which is through the concept of incremental gain. Buying and holding property for the long term provides incremental gains in most years, through increased rents and property values. This provides a steady increase in wealth over time.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/21/2021 • 16 minutes, 19 seconds
What is the Wealth Wheel? And How Do I Use It To Keep Growing A Portfolio Indefinitely?⎜Ep. 556
In this episode, we are once again joined by Matthew Harris from Momentum Property, to discuss the Wealth Wheel approach to property investment.
This is where a property investor will purchase both positively and negatively geared investments, which then offset one another. In practice, this means purchasing enough higher yield property to pay for the investment properties that grow in value quickly, but which lose money in terms of cash flow.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/20/2021 • 15 minutes, 58 seconds
How to Start With a 2nd Tier Lender Before Moving To a Main Bank – With Special Guest Matt Harris⎜Ep. 555
In this episode, we discuss how to use 2nd tier lenders and financers as part of your property investment strategy. We also go through how to start with a 2nd tier lender before moving across to a first tier.
This includes an analysis of exactly how to move between the two.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/19/2021 • 15 minutes, 16 seconds
Case Study: Real Property Investor, Matthew Harris Shares His Journey + Portfolio⎜Ep. 554
In this episode, we discuss the property investment journey of Mattew Harris. Matthew is the director of Momentum property – an accountancy firm specialising in property investment.
He talks about buying his first home, before going on to build a property investment portfolio with his brother and cousin.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/18/2021 • 16 minutes, 36 seconds
Should I Invest In The Nelson / Tasman District? Regional Property Market Deep-Dive⎜Ep. 553
In this episode, we discuss whether property investors should invest in the Nelson / Tasman property market, along with an analysis of both the pros and cons of the property market.
We look at where Nelson and Tasman house prices have been historically relative to the New Zealand median house price as well as a few region-specific factors that are unique to the property market there.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/17/2021 • 14 minutes, 21 seconds
How Do I calculate the True 'Return on Investment' on a Property?⎜Ep. 552
In this episode, we discuss the various ways to calculate the return on investment when considering investing in property, along with their pros and cons.
We discuss gross yields, cash yields, net yields, return on equity, and finally reveal our holy grail – a return on investment calculator. This gives you the inflation-adjusted return on your investment property from each of the main ways you can make money from a property.
This spreadsheet will be released for you to download (for free) in a few days after the release of this podcast [we're just waiting on small piece of code to be written to make it look pretty] ... so pop your details in here, and we'll send you the spreadsheet once it's ready.
3/16/2021 • 13 minutes, 59 seconds
What's The Worst Case, Nightmare-Scenario For Property Investment? ⎜Ep. 551
In this episode, we discuss the absolute worst-case, nightmare scenario in property investment. This comes from a listener of the show who wants to know the exact worst of the worst situation.
This includes considering large scale natural disasters, a housing market crash, and the possibility of your asset falling in value while retaining debt.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/15/2021 • 16 minutes, 16 seconds
How To Analyse A Suburb Before You Invest – A Worked Example of Manurewa ⎮ Ep. 550
In this episode, we discuss how to conduct an analysis of a suburb before you invest. This is a worked example that comes from one of Ed's recent economic analyses of Manurewa.
The team delve into how much historical capital growth a suburb has received compared to its relative price, along with a number of qualitative factors that you can use yourself.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/14/2021 • 12 minutes, 50 seconds
How to Build a House Before Paying For The Land. What Are 'Builder's Terms'? And How Do You Get Them? ⎮ Ep. 549
In this episode, we talk about what 'Builder's Terms' are and how property investors get them. Builder's terms are where you are able to build a house, or group of houses, on a piece of land before you've paid for the land.
This is because there are generally two types of developers in major subdivisions – land developers and builders. Here, the builder doesn't pay the land developer until they've sold and settled the house.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/13/2021 • 10 minutes, 15 seconds
Tenants Cause Intentional Damage – Landlord Awarded $9.1k. What Property Investors Can Learn ⎮ Ep. 548
In this episode, we discuss the tenancy tribunal ruling between Mary Fisher, a Wellington-based landlord and her tenants. Ms Fisher's tenants caused intentional damage and had to pay over $9.1k to cover the damage and other infringements.
We discuss what happened, what the landlord did right and wrong, and what you can learn as property investors from the ruling.
Click here to read the ruling yourself.
We also announce that we will host property investment dinners in Wellington, Auckland, Christchurch and Queenstown, with 10 investors (+ partners) at each. To enter the draw, follow us on instagram, share the podcast on your story and leave us a review. Then take a screenshot and send it to [email protected].
3/12/2021 • 16 minutes, 57 seconds
Is This The End For Interest Only Loans? The Reserve Bank To Consider Limiting IO For Investors ⎮ Ep. 547
In this episode, we discuss how the Reserve Bank may potentially limit interest-only loans to property investors in order to curb house price inflation.
We go through the stats of how prevalent interest-only loans are right now for investors, before detailing the Reserve Bank's process for evaluating these sorts of tools.
Finally, we wrap up the show by celebrating our 1 millionth download and announcing our next national tour. We are hosting property investment dinners in Auckland, Christchurch, Wellington and Queenstown, with a total of 10 people (+ partners) in each city.
Here's how to enter. Follow up on instagram, share the show on social media, and leave us a review in your favourite podcast listening app. Then send us an email at [email protected], and we'll put you in the draw.
3/11/2021 • 15 minutes, 15 seconds
Master Build vs Builder's Guarantee – Which Is Better? ⎮ Ep. 546
In this episode, we compare the Master Build guarantee vs a Builder's guarantee. The main point property investors need to understand is that these guarantees are insurance products. They are not a guarantee from the builder themselves about the quality of the build.
We compare and contrast the benefits of each and talk about some of the fishhooks and pitfalls, where property investors have been caught off. guard.
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
3/10/2021 • 16 minutes, 25 seconds
Top 10 Different Property Investment Strategies + How They Make You Money ⎮ Ep. 545
In this episode, we discuss 10 different property investment strategies and how you would potentially make money through each of them.
This includes an analysis of Buy + Hold, BRRRR, Development, Commercial Property Investment, Landbanking, Airbnb, Boarding houses, Flipping and so many more.
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
3/9/2021 • 15 minutes, 21 seconds
How Do I "Go Hard + Go Early" In Property Investment? ⎮ Ep. 544
In this episode, we discuss how to apply the "go hard + go early" mentality to property investment. This comes from a listener of the show who wonders whether the government's current approach to tackling Covid-19 could be applied to getting started with property.
We go through the first two stages of financial life – Planters and Growers – and talk about how you could go hard + go early at each stage.
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
3/8/2021 • 12 minutes, 54 seconds
The Reserve Bank Now to Regulate Property Investors Further ... What You Need to Know ⎮ Ep. 543
In this episode, we discuss the recent change in the Reserve Bank Act, which gives explicit instruction to the central bank to make it tougher for property investors to buy existing homes.
And while the monetary policy committee's mandate remains to focus on full employment and inflation, they do need to explain the effect of their programme's on house prices.
Is this government passing the buck, or will there be a substantial change and a slowing down of house prices?
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
3/7/2021 • 17 minutes, 23 seconds
How Long Will Interest Rates Stay Low? ... The Reserve Bank's Latest Monetary Policy Update ⎮ Ep. 542
In this episode, we discuss the latest monetary policy update from the Reserve Bank. Practically, nothing changed. The OCR stayed the same and the Large Scale Asset Purchasing Programme remains as does the Funding for Lending Programme.
But, there was much to be gained from the Reserve Bank Governor's speech. He expects interest rates to continue falling – and is looking closely at banks to see whether there is a full 'pass through' of the Reserve Bank's programmes.
If you have a topic that you'd like us to discuss, then send us a text. Our number is 5522. It would be great to hear from you. Or send Ed an email – [email protected]
3/6/2021 • 17 minutes, 21 seconds
What Do The 5 Healthy Homes Standards Really Mean + When Do They Come In? ⎮ Ep. 541
In this episode, we detail the 5 Healthy Homes standards: draught stopping, insulation, heating, ventilation and drainage. We go through each, including the responsibilities that property investors and landlords have.
These regulations come in officially from 1st July 2021. But, property investors don't have to comply until 90 days after they sign a new tenancy agreement.
If you've got a topic that you'd like to hear about on the podcast, then send us a text. Our number is 5522. It would be great to hear from you. Or just send an email to [email protected]
3/5/2021 • 14 minutes, 36 seconds
How Much Debt Should You Have in Your Portfolio? And How Will That Change Over Time?⎟Ep. 540
In this episode, we discuss how property investors tend to decrease the amount of debt they hold against their portfolio over time.
Generally, property investors will have a lower LVR over time as their property portfolios increase in value and mortgages are paid off. This happens, often, unconciously. Though investors will tend to de-leverage for risk-mitigation purposes too.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
3/4/2021 • 14 minutes, 22 seconds
How Can I Make Money From RMA Reform As a Property Investor? ⎮ Ep. 539
In this episode, we discuss RMA reform and what it means for property investors around New Zealand. We detail Labour's current plans for RMA reform, along with the three acts of parliament that are expected to replace the current legislation.
We go through the potential impacts on council organisations and who we expect to be happy and unhappy from the outcomes.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
3/3/2021 • 12 minutes, 37 seconds
How Will Ongoing Lockdowns Impact Auckland's Property Market? ⎮ Ep. 538
In this episode, we discuss how ongoing lockdowns could impact Auckland's property market. This was recorded during the second part of the lockdown of the Valentine's Day Covid-19 cluster.
We detail how ongoing lockdowns will impact the household savings rate, and the potential for fewer properties to come on to the market as Aucklanders improve the current quality of their properties.
If you've got a topic you'd like us to talk about on the show, then send us a text. Our number is 5522. Or send Ed an email at [email protected]
3/2/2021 • 15 minutes, 4 seconds
Will The Government Tax Property Investors More By Removing Interest Deductions? ⎮ Ep. 537
In this episode, we discuss whether the government might tax property investors more by changing the rules around interest deductibility for investment properties.
We detail the UK precedent and go through the reasons why the UK has stopped property investors from claiming interest as a tax-deductible expense. We also detail how property investors would tend to react if such a policy came into force.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
3/1/2021 • 17 minutes, 16 seconds
Our Top 10 Tools + Software + Content For Property Investors – Part 2 ⎮ Ep. 536
In this episode, we discuss our favourite tools, software and content for property investors that haven't been created on the Opes Partners website.
These include:
Calculate.co.nz – an NZ calculator based website
PocketSmith – an NZ personal finance and budgeting tool, and
Kitt.io – a piece of software for property investors to self manage their portfolios
Along with many, many more.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
2/28/2021 • 14 minutes, 8 seconds
Our Top 10 Tools + Software + Content For Property Investors – Part 1 ⎮ Ep. 535
In this episode, we discuss our top 10 tools and pieces of software for property investors that are specifically available on the Opes Partners website.
These include:
Capital growth and yield maps for Auckland, Christchurch, Hamilton and Wellington
The new property investment articles section, and
The property investment webinar library
Plus many more
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
2/27/2021 • 15 minutes, 17 seconds
Data Day: What's Going On In The Property Market, Right Now? ⎮ Ep. 534
In this episode, we discuss the most recent data released by the Real Estate Institute of New Zealand for January 2021 and talk through the key drivers of the property market right now. This includes an analysis of listings data and the long term structural decline in interest rates.
We also cover how to read seasonally adjusted trends and data when looking through a property market report.
If you've got a topic that you'd like us to talk about on the show, then send us a text. Our number if 5522. Or just send Ed an email. His email address is [email protected].
2/26/2021 • 15 minutes, 55 seconds
Rapid Fire: 25 Property Investment Questions Answered In Under 12.5 Minutes ⎮ Ep. 533
In this episode, we answer 25 of the top questions asked at our most recent property investment webinar. This includes everything from how to use the equity in one property to purchase another, right through to whether Auckland is better than Hamilton.
Some questions even turn to cryptocurrencies, which is when we mentioned this episode from the NZ Tech Podcast.
If you've got a topic that you'd like us to talk about on the show, then send us a text, our number is 5522. Or, just send Ed an email. His email address is [email protected].
2/25/2021 • 13 minutes, 20 seconds
Should I Invest In An Apartment As a 1st Step in Property Investment? ⎮ Ep. 532
In this episode, we discuss whether you should invest in an apartment as your first step in property investment. This comes from a listener of the show who asks whether apartments are only for retiree-investors.
Ed shares his story of why his first investment property was an apartment, which moves into a discussion about who apartments tend to be right for and why.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/24/2021 • 10 minutes, 14 seconds
Should I Get a Relationship Property Agreement? + How To Set One Up ⎮ Ep. 531
In this episode, we talk discuss whether you should get a relationship property agreement. This includes how to bring the subject up with your partner and the process for setting one up.
Andrew also shares how he is personally structuring his assets so that some assets are included as relationship property, while others are separate.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/23/2021 • 16 minutes, 41 seconds
Which of the 3 Stages of Life In Property Are You In? ⎮ Ep. 530
In this episode, we talk about the three stages of life that property investors tend to go through. This comes from a recent article that Andrew penned for JUNO investing magazine, which has just hit the supermarket shelves.
The three stages include planters, growers and harvesters. Throughout the show, we give details on what these stages are, who tends to be in each of them and then how to move from one to another.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/22/2021 • 12 minutes, 53 seconds
Which Company Has the Most Affordable Real Estate Agent's Fees?⎮ Ep. 529
In this episode, we discuss which company's have the cheapest real estate fees if you are selling a property, whether that be an investment property or your own home.
We talk through some of the players in the market and show that in some cases, there is a $10k difference between what the most expensive and the most affordable real estate agents will charge.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/21/2021 • 17 minutes, 28 seconds
How To Recover + Rebuild Your Assets After Divorce ⎮ Ep. 528
In this episode, we discuss how to rebuild your asset base after you go through a divorce or a separation.
Any divorce or separation comes with significant upheaval and emotions. So remember that expanding your portfolio while going through a separation may not be the right move for you.
But, once the dust settles many Kiwis want to build back their asset base, and property can play a part in this.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/20/2021 • 12 minutes, 10 seconds
8 New Tenancy Law Changes that Have Just Been Introduced ... What Property Investors Need to Know ⎮ Ep. 527
In this episode, we discuss 8 new changes that have just been introduced to the Residential Tenancies Act, including exactly what they mean for property investors.
These 8 changes include – that property investors can no longer end a tenancy agreement without a valid reason; that tenants can make minor changes to their properties and landlords can't say no, and the lines for getting it all wrong have also increased.
If you've got a question that you'd like us to answer on the show, then give us a text. Our number is 5522, it would be great to hear from you.
2/19/2021 • 14 minutes, 3 seconds
Main Cities vs Small Towns – Which is Better For Property Investors? Webinar Recap ⎮ Ep. 526
In this episode, we discuss whether main cities or small towns are better for property investors. Andrew and Ed go back and forth to offer three arguments each.
Andrew argues that main cities have better security of tenancy and capital growth, along with more consistent capital growth. He also argues that main cities and small towns have comparable long term net yields (contrary to what many property investors think).
Ed argues that small towns are cheaper, which make them easy to get started for first-time property investors who are light on equity. He also argues that small towns have higher gross yields and less competition with other property investors.
This episode is based on our recent webinar. Click here to watch the replay of this property investment webinar.
2/18/2021 • 14 minutes, 17 seconds
16%+ Gross Yields – But Does That Make Leasehold Properties a Good Investment? ⎮Ep. 525
In this episode, we discuss whether leasehold properties are good investment. We go through a few examples where properties are able to achieve a gross yield of over 16%.
However, once the net yield and cashflow are calculated, we see that these types of properties give a subpar return, all things considered.
If you've got a topic you'd like Ed and Andrew to talk about on the podcast, then send us a text. Our number is 5522, it would be great to hear from you.
2/17/2021 • 14 minutes, 41 seconds
Can I Get A Loan If My Property Has Un-consented Work + Deep Dive On Defective Titles⎪Ep. 524
In this episode, we discuss whether you can still get a loan from a bank if the property you're hoping to buy has unconsented works on it.
We also dive deep into defective titles, which frequently impact cross-lease properties. We discuss what a defective title is and how it gets that way, as well as how to fix it.
Do you have a question you'd like us to talk about on the podcast? Send us a text. Our number is 5522. It would be great to hear from you.
2/16/2021 • 13 minutes, 52 seconds
Is Pokeno A Good Investment? & Should I Invest in Pokeno? ⎮Ep. 523
In this episode, we discuss whether the Waikato District suburb of Pokeno is worth investing in. We detail the background of Pokeno – its rise, its fall, and its current upward trajectory.
We also go over the details of previous investments that Andrew has seen in the suburb, which is just south of the Auckland/Bombay Hills cut off.
Finally, we wrap up the show by discussing our upcoming property investment webinar. This is where, Andrew and Ed will debate whether you should invest in main cities or small towns.
2/15/2021 • 13 minutes, 43 seconds
Who Are The Top 7 Property Managers in NZ? Our Top Property Management Picks⎪Ep. 522
In this episode, we discuss who the top 7 property managers are within New Zealand. This is based on the property managers who we know, like and trust to do an awesome job with your property.
These property managers include Auckland Property Management, Property Scouts, HouseSmart, Quinovic, Oaks Property Management, Glasshouse, Comprende and a bonus: Venture Property Management.
Finally, we wrap up the show by discussing our upcoming property investment webinar. This is where, Andrew and Ed will debate whether you should invest in main cities or small towns.
2/14/2021 • 14 minutes, 32 seconds
Can You Buy NZ Property As a Foreigner? Who Can Buy and When⎪Ep. 521
In this episode, we discuss Labour's 'foreign buyer ban,' which was originally introduced in 2018. The purpose was to stop foreigners from buying up NZ properties and pushing prices up.
We discuss the rules, along with who can buy and who can only buy properties that are specifically exempt.
We also mention this tool which has been built by the New Zealand government, which you can use to assess whether and what sort of property you can buy in New Zealand.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 16th of February from 7pm. Here, Andrew and Ed will debate whether you should invest in main cities or small towns.
2/13/2021 • 15 minutes, 9 seconds
Investors Lost $85 Million With This Company – What Went Wrong With Blue Chip? | Ep. 520
In this episode, we discuss one of the largest property investment company collapses in New Zealand history. Blue Chip folded in 2018 owing property investors $85 million.
We detail what went wrong and what the industry has learned since then to ensure that property investors don't find themselves out of pocket in future.
We also go on to mention our upcoming property investment webinar. This is happening on the 16th of February at 7pm, where we will debate: should you invest in main cities or small towns?
2/12/2021 • 16 minutes, 32 seconds
Investors Require 40% Deposits – But Who Will Be Impacted Most?⎜Ep. 519
In this episode, we discuss how property investors now require 40% deposits if purchasing through BNZ and ASB. This episode was recorded just before the RBNZ released their new announcement about LVR changes.
Since this episode was recorded, we know know that LVRs will be coming back at 30% from the 1st of March. These will then increase to 40% from the 1st of May.
Throughout the show we also discuss which types of investors are likely to be most impacted by these changes.
Finally, we wrap up the show by discussing our upcoming property investment webinar. This is happening on Tuesday 16th of February from 7pm. Click the link above to register.
2/11/2021 • 16 minutes, 10 seconds
Can You Insure Against Meth Contamination? How To Protect Yourself Against the Big Risks | Ep. 518
In this episode, we are joined for our final insurance-based episode by Simon Yarrell from Axico. Here, we discuss whether insurance companies will cover your investment properties against meth contamination.
Some insurance companies will protect you in the event of contamination through your normal house insurance. But, importantly, not all will. This is important because the costs to fix a contaminated home can be $20-$40k depending on the damage.
If you have an idea for a podcast episode, then we want to hear from you. Send us a text on 5522.
2/10/2021 • 11 minutes, 37 seconds
Sweet-Talking the Bank ... Is It Ever Ok To Tell Fibs To Get Your Lending Approved?⎜Ep. 517
In this episode, we discuss what some property investors in New Zealand will say to the bank in order to get their lending approved.
Just to be clear, we do not endorse telling any lies or fibs of any kind to the bank. This is just to give you an idea of what some people will say in order to get their lending approved.
We also mention our upcoming property investment webinar, which is happening on the 16th February at 7pm, where Andrew and Ed will debate whether you should invest in main centres or small towns.
2/9/2021 • 10 minutes, 38 seconds
How Parental Leave Impacts Your Property Investment Portfolio⎜Ep. 516
In this episode, we discuss how parental leave impacts your property investment portfolio. We start with a discussion around mortgage serviceability and how living on a reduced income can impact what a bank is willing to lend you.
We then discuss how to get around the rules, and which banks are more willing to work with you at different parts of going on parental leave.
Finally, on Tuesday February 16th at 7pm we are holding a property investment webinar to debate whether it's better to invest in main cities or small towns. Click the link above to register.
2/8/2021 • 12 minutes, 53 seconds
What's The Right Way To Increase The Rent On My Investment Property?⎜Ep. 515
In this episode, we discuss how to increase the rent on your investment properties the right way. We walk through the steps you legally need to take, for instance giving 60 days written notice to your tenants, with a start date.
we also go through what happens if your tenant doesn't agree with how you've increased the rent and the process you need to go through to come to an arrangement.
Finally, if you have a topic you'd like us to talk about on the podcast, then send us a text. Our number is 5522. It would be great to hear from you.
2/7/2021 • 16 minutes, 40 seconds
Landlords Publish A "Bad Tenant" List ... Here's How They Broke The Law | Ep. 514
In this episode, we discuss a recent article published in Stuff where landlords have published a "Bad tenants" list, which falls in breach of the Privacy Act.
These landlords have clearly been hurt by tenants in the past, which suggests that they've become too emotionally involved with their portfolios, and haven't been able to separate themselves from the business.
You'll hear the key takeouts, along with the lessons for your own property investment portfolio.
Got a topic that you'd like us to talk about on the podcast? Send us a text. Our number is 5522. It would be great to hear from you.
2/6/2021 • 15 minutes, 11 seconds
How Insurance Works For Townhouses and Body Corporates ... What Investor Need to Know | Ep. 513
In this episode, Ed and Andrew are joined by Simon Yarrell from Axico to discuss how insurance works for townhouses and apartments.
We discuss how insurance is handled for townhouses, and particularly what happens if your townhouses don't have a body corporate. We also detail whether an insurance company would even insure a particular development or set of townhouses based on their configuration.
If you have a topic you'd like us to talk about on the show. Then get in touch. Send us a text. Our number is 5522.
2/5/2021 • 12 minutes, 47 seconds
Insurance Prices Up 3x in Some NZ Regions ... How the Insurance Industry Is Changing | Ep. 512
In this episode, we are once again joined by Simon Yarrell from Axico to discuss how the insurance industry is changing in some parts of New Zealand.
Simon shares that insurance costs in Wellington, for instance, are up to 3x higher than in Christchurch, Wellington and Auckland. That adds additional costs for property investors, which has the potential to push rents higher.
We also mention the Property Academy Video course. This 19-lesson property investment video course teaches you the fundamentals of how to successfully invest in property in New Zealand.
2/4/2021 • 15 minutes, 34 seconds
The Top Insurances Property Investors Need ... & A Few You Don't | Ep. 511
In this episode, we are joined by Simon Yarrell from Axico to discuss the insurance market in New Zealand. Here we go through the key types of insurance that property investors should get ... and a few that may not be as important.
The first type of insurance discussed is house insurance. Here, we discuss the changes that have occurred in the way that companies grant insurance and what they will insure, since the Canterbury earthquakes. We also discuss the quirks of landlords insurance and what to look out for in your policy documents.
We wrap up the show by discussing the Property Academy video course. This 19 lesson property investment video course teaches you the fundamentals of how to invest in property here in New Zealand.
2/3/2021 • 16 minutes
How Do Non-Bank Lenders Work? And Who Are They Right For? | Ep. 510
In this episode, we discuss the mechanics of how non-bank lenders work. We go through who they are right for and how they can be a good fit for people with poor credit or who don't have the documentation available to be eligible for a loan from the main retail banks.
Non-bank lenders are also often used for a short-transitionary period between the settlement of a property and refinancing away to one of the main banks.
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
2/2/2021 • 13 minutes, 46 seconds
GV's, How Much Attention Do You Pay To Them? + How Do You Find Out What A Property Is Worth? | Ep. 509
In this episode, we discuss how to figure out what a property is worth ... and also how much attention you should be paying to the government valuation, which is routinely seen on property advertising.
We discuss that the best way to figure out what a property is worth is by requesting an e-value of avm report from either Core Logic of Valocity. Failing that, a combination of Homes.co.nz's stated value and recent sales should give a good indication.
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
2/1/2021 • 12 minutes, 25 seconds
Is 'Build To Rent' A Good Investment? + Will It Take Off In NZ? | Ep. 508
In this episode, we discuss whether Build to Rent is a good investment and whether we think it will take off in New Zealand. Build to Rent is a way of investing in real estate, which is currently being promoted by Du Val Partners.
Here, accredited investors – those with investment qualifications or a net worth of over $5 million – can buy a share in a large number of units.
We investigate the claims made in the investment memorandum and discuss how we think the investment mechanism stands-up as currently presented.
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
1/31/2021 • 16 minutes, 37 seconds
7 Things We've Changed Our Minds On ... Aka 7 Times We Were Wrong | Ep. 507
In this episode, we discuss 7 things that we have changed our minds on throughout our careers and since starting this show. These include:
That renovations are the only way to become a proper real estate investor
That big cities go up in value faster than smaller towns, and
That stand-alone houses go up in value more quickly than townhouses
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
1/30/2021 • 13 minutes
9 Quick and Dirty Reno's You Can Do To Add-Value To an Investment Property | Ep. 506
In this episode, we discuss 9 quick and dirty renovation projects you can use to increase the value of your investment and rental properties. These include simple tactics like using Bar Keeper's Friend, right through to doing a full-scale bathroom replacement.
We also go through which projects to do first if you are on a tight budget, while also considering whether some of the traditional wisdom from data providers, like Core Logic, really stacks up.
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
1/29/2021 • 13 minutes, 14 seconds
Revealed: The Top 5 Property Accountants in NZ | Ep. 505
In this episode, we discuss the Top 5 property accountants that we can hand-on-heart recommend to the investors we tend to work with.
These include:
Matthew Harris from Momentum Property
Matthew Gilligan from Gilligan Rowe
Peter Taylor from BDS Accountants
Jane Jackman from Nexia
Mark Withs from Withers Tsang
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
1/28/2021 • 10 minutes, 38 seconds
How AfterPay and LayBuy Can Impact Your Ability to Invest | Ep. 504
In this episode, we discuss how AfterPay, LayBuy and other short-term 'buy now, pay later' providers can impact your property investment and home-buying plans.
If the bank sees regular payments being made to these providers, they will decrease the amount of income that you have available to service a mortgage in their calculations. A $50 a week payment can mean that the amount you can borrow falls by up to $40,000.
We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.
1/27/2021 • 13 minutes, 56 seconds
How Do I Know If It's a Dud Property That I Should Walk Away From? | Ep. 503
In this episode, we discuss how to tell whether a property you currently own is a 'dud' property that you should move on from and sell ... or not.
Here, Andrew walks through some telltale signs ... as well as how people tend to walk into and acquire dud properties. Usually, this happens when investors turn their own home into a rental, acquire one through inheritance, or buy something down the road.
We wrap up the show by talking about the Property Academy Video Course. This 19-lesson property investment video course takes you through the fundamentals of how to invest in property.
In this epiosde, we discuss KiwiBuild and the benefits of purchasing a KiwiBuild home through the ballot system. This is because first home buyers, in some cases, are purchasing their first homes up to $300,000 under value.
Throughout the show, we give an example from Ormiston in Auckland. Here, a first home buyer paid $650,000 for a property that is expected to be worth $950,000 at completion. First home buyers in these situations are then able to purchase an investment property using the equity within that home.
If you've got a topic you'd like us to speak about on the show, then send us a text. Our number is 5522. It would be great to hear from you.
1/25/2021 • 14 minutes, 16 seconds
Practical Steps You Can Take To Not Be Emotional In Property Investment | Ep. 501
In this episode, we discuss how not to be emotional within property investment. We often say that you need to treat property investment as a business ... but that is sometimes easier said than done.
That's why we run through tactics you can use to minimise those emotions, if they are getting in your way of growing your property investment portfolio even further.
If you have a topic you'd like us to discuss on the show, then send us a text. Our number is 5522. It would be great to hear from you.
1/24/2021 • 15 minutes, 52 seconds
#500 – The End Game in Property Investment and The Property Academy Podcast | Ep. 500
In this episode, we discuss the end game in property investment and house price growth. This includes playing clips from Jacinda Ardern's 7th December press conference, and several clips from the leader's debates.
We also talk about the rise in household income growth, which has been solidly above 4% for the last 12 years in New Zealand. This includes a massive 7%+ increase in incomes during 2018. This suggests that even if house price growth falls to the rate of income growth, house price inflation could be solid into the future.
We wrap up the show by asking for your help, to help us get to 100,000 downloads of the show per week. Right now, we are sitting just under 30,000 ... and with our 500th episode released we want to go further. As soon as we hit 100,000 downloads of the show per week we'll launch a national tour of the podcast. So please, rate, review and subscribe.
1/23/2021 • 17 minutes, 19 seconds
How Do I Negotiate Down My Interest Rate With The Bank? | Ep. 499
In this episode, we discuss how to negotiate down your interest rate with the bank. This includes making sure that you are asking for a rate-discount, and how much to expect you could get off your rates.
After the key tactics, we walk through how to make yourself look more attractive to a bank, to ensure that you're the sort of customer that a bank actively wants to attract.
If you've got an idea for a podcast episode, then give us a text. Our number is 5522. It would be great to hear from you.
1/22/2021 • 16 minutes, 25 seconds
Serviceability – What's The Minimum Income I Need to Buy My Next Property? | Ep. 498
In this episode, we discuss serviceability ... which answers the question "do I have enough income to get my mortgage approved through my bank?
We go through the minimum bank expenses that ANZ currently assumes that you pay each month, along with how that changes based on how many people you have within your household.
This episode is based on a minimum income calculator, which we recently released. This allows you to put in details about your household composition and see the minimum income you'd be required to have in order to get your next investment property approved.
1/21/2021 • 15 minutes, 49 seconds
Data Day: The Top 5 Concerns Of Buyers Right Now + The Latest House Price Data | Ep. 497
In this episode, we discuss the latest property market data released from the Real Estate Insititute of New Zealand. Some of the key takeaways include that property prices rose by over 2% in the month of December ... and the number of homes sold in Auckland for the month was up 66% on 12 months prior.
We also detail the top concerns that buyers have in the market right now, and how those have changed over the last 6 months ... as well as the key factors that are motivating investors.
We also talk about the Property Academy Video Course. This is a 19-lesson property investment video course that teaches you the fundamentals of how to invest successfully in New Zealand real estate.
1/20/2021 • 17 minutes, 14 seconds
How to Win At Tenders + Auctions To Get a Good Deal. Part #3 | Ep. 496
In this episode, we discuss how to be successful and win in Tender and Auction sales processes. This is the third part of our three-part series looking at each of the different sales processes we use in New Zealand, with how to be successful in each.
Here, we go through tactics you can use to pull on the human side of the person selling their property, such as writing handwritten letters ... or by offering a better deal, which you have the full intention to negotiate later.
But, we also want to know what tactics you use to win in each of the four sales processes. Perhaps you think we missed out a few crucial tactics. Send us a text to let us know. Our number is 5522.
1/19/2021 • 13 minutes, 59 seconds
How to Win In 'Price By Negotiation' + 'Deadline Sale' Processes. Part #2 | Ep. 495
In this episode, we discuss how to be successful In price by negotiations and deadline sales processes as a buyer. This includes a discussion of age-old negotiation techniques, such as crossing out prices, and whether these are still relevant in today's market.
If you're an investor looking for the right types of properties, then these techniques should help you have the confidence to negotiate and get a good deal.
Don't forget to tune in to tomorrow's episode, where we will talk about how you can be successful in tenders and auctions.
If you have a topic you'd like us to discuss on the show, then give us a text. Our number is 5522.
1/18/2021 • 13 minutes, 19 seconds
The 4 Ways To Buy and Sell Properties In NZ ... And How to Be Successful In Each – Part 1 | Ep. 494
In this episode, we discuss the four main sales processes in New Zealand and when each one of them should be used. These include 'price by negotiation', tenders, auctions, and 'deadline sales'.
We conclude that the right process for you is going to be based on both the type of property you have and where your local property market is within its cycle. That's because some processes are geared towards markets that have more competition and others are better when there are less people looking for properties at the time you sell your house.
This is part of a two-part series. In the next episode (episode #495) we'll discuss how to be successful in each of these as a buyer of property, rather than as a seller.
1/17/2021 • 13 minutes, 25 seconds
Where the Cheapest Rates Are In NZ ... And Why It Matters | Ep. 493
In this episode, we discuss where the cheapest rates are in New Zealand as a percentage of the value of each property, along with why this matters.
This topic comes from a listener of the show, Barry, who wanted o know how rates are impacting the cashflow of property investors around the country.
We go through specific suggestions of new rates from councils like New Plymouth District Council, along with how some councils rates their residents.
If you have a podcast topic you'd like us to talk through, then give us a text. out number is 5522. It would be great to hear from you.
1/16/2021 • 13 minutes, 22 seconds
At What Point Can I Start Taking Profits From My Portfolio? | Ep. 492
In this episode, we discuss at what point you should take profits from your property portfolio. This is both in terms at what point in terms of your financial life, and then also in terms of the property cycle.
Our conclusion is that it's only right to take profits from your portfolio as a long term buy and hold investor once you are comfortably on track to hit your long term goals, otherwise you'll be making a sacrifice. And that you shouldn't sell a property until property prices have flatlined.
We also mention a few calculators and tools to see whether you are on track to hit your financial goals. For instance, usse this retirement calculator to see what your retirement gap is so you can start closing it. For a more indept view, use this MyRetirement calculator instead.
1/15/2021 • 11 minutes
Here's How to Manage Your Property Investment Bank Accounts | Ep. 491
In this episode, we discuss how to manage your property investment bank accounts so that you don't go into unarranged overdraft or miss an important mortgage payment.
The strategy discussed is to set up your accounts so that all rent from all properties goes into the same account, with all expenses also coming out of that account. This saves you from having to move money around and each property can subsidise each other temporarily if needed.
We also mention our property investment cashflow calculator. You can use this calculator to get a ballpark idea of the cashflow position of your property.
1/14/2021 • 15 minutes, 40 seconds
How Will Prefabricated Factory-Made Homes Disrupt the Property Market? | Ep. 490
In this episode, we discuss prefabricated homes and how they could potentially impact the property market.
We reveal the fact that pre-fabricated properties already exist within New Zealand, with many residential property developers building walls and materials on production lines and assembling them on sight.
We walk through the potential opportunities for property investors and the relative costs of building on-site, v.s. building in-factory and assembling on-site.
We wrap up the show by mentioning the Property Academy video course. This 19 lesson property investment course teaches you the fundamentals of how to invest in property, here in NZ.
1/13/2021 • 9 minutes, 30 seconds
Are You Concerned About The Quality Of Some of the Developments Being Thrown Up? | Ep. 489
In this episode, we discuss the things in new developments that is concerning Andrew today, along with whether we are likely to see another leaky homes crisis – or something similar – in the future.
We wrap up the show by mentioning our Property Academy Video Course. This 19 lesson property investment video course teaches you the fundamentals of how to invest successfully in NZ property.
1/12/2021 • 10 minutes, 10 seconds
How Will Rising Sea Levels and Climate Change Impact Property Investment? | Ep. 488
In this episode, we discuss how climate change and rising sea levels impact property investment. We answer questions like "what will happen if you invest in a property near the sea and sea levels start to rise" along with "how is coastal erosion impacting property investment?"
We take a look at a case study from Mokau in the Waitomo district to consider how coastal erosion is impacting property owners there ... and how early warning signs were potentially ignored.
Finally, we wrap up the show by mentioning the Property Academy video course. This 19 lesson property investment video course teaches you the fundamentals of how to succeed as a property investor in 2021.
1/11/2021 • 12 minutes, 35 seconds
The Top 5 Property Lawyers In NZ – Who You Need to Know | Ep. 487
In this episode, we discuss who our top 5 property lawyers are in the country. These are the property lawyers who we know, like and trust ... and can hand on heart recommend.
The five lawyers are:
Sue Foley from Landley Law
Shelley Funnell from Henderson Reeves
Katherine Mexted from Convex Legal
Penny Liu from Liu Legal, and
Michelle Erasmus from The Conveyancing Shop
Have a personal lawyer that you think we should add to the list, or who we should meet? Send us a text. Our number is 5522. It would be great to hear from you.
1/10/2021 • 10 minutes, 43 seconds
Should I Rent My Property To Friends & Family? The Honest Truth | Ep. 486
In this episode, we discuss whether you should rent your property out to friends and family. Our feeling is that this is a big ... no. The reasons are:
If you rent to family, you may undercharge rent and put yourself in a worse financial position
If you are purchasing a property for a family member it may cause you to purchase a property that doesn't work as an investment property
If you purchase a property for friends or family, you are restricted by location, which may mean that you buy in an area that doesn't make sense right now.
Instead, we give some alternatives for how you might like to help out friends and family if that is something that is important to you.
We wrap up the episode by discussing our Porperty Academy Video course. This 19 lesson property investment video course teaches you the fundamentals of how to invest in property within New Zealand ... for free.
1/9/2021 • 13 minutes, 21 seconds
What Is The Exact Financial Point Where I Should Get Started In Property? | Ep. 485
In this episode, we discuss the exact financial point where you should consider getting started in property investment. In our view, you should get started when you can, which is at a minimum with $100,000 to $120,000 worth of useable equity in your property.
This will allow you to purchase an investment property worth $500-$600k maximum, if purchasing a brand new property.
We also walk through some common fishhooks that property investors miss when calculating useable equity off their own existing property investment portfolio.
Don't forget to check out the equity calculator that we mentioned in the show to see how much useable equity you have in your own home.
And if you have a topic you'd like us to talk about, send us a text. Our number is 5522.
1/8/2021 • 10 minutes, 49 seconds
How Do I Add An Extra Bedroom To a Property To Increase Its Yield? | Ep. 484
In this episode, we discuss the three ways you can add an extra bedroom to a property ... either to increase its rental yield, or to increase the value of the property itself.
The three ways are: 1) dress a room differently with furniture, painting or recarpeting to point out that it could be used as a bedroom, 2) Add a partitioning wall to carve up large lounges and bedrooms into smaller rooms, or to repurpose an existing room, and 3) build an extra one on to the property itself.
This topic comes from a listener of the show, ay. If you have a topic you'd like us to speak about, then let us know. Give us a text. Our number is 5522.
1/7/2021 • 13 minutes, 12 seconds
Will I Have To Pay a Break Fee If I Sell My Property? ... The Cost Most Investors Miss | Ep. 483
In this episode, we discuss whether you will have to pay a break fee when selling your property ... this is a cost that many investors will miss when making changes to their portfolio.
We discuss when you'll have to pay a break fee and also go through the other costs and fees many investors miss when making changes to their portfolios.
We wrap up the show by discussing the new Property Academy video course. This 19 lesson property investment video course teaches you the fundamentals of how to invest in property in New Zealand.
1/6/2021 • 13 minutes, 2 seconds
How Do I Set Up A Successful Joint Venture Partnership To Invest With Others? | Ep. 482
In this episode, we discuss how to set up a successful joint venture partnership so that you can invest with other people. Investing with other people means that you can invest faster and benefit from the skills that others have.
We detail the three things you can potentially bring to a partnership: time, skills or money (both income and equity) and a few ways that you can set up a JV both as a passive and as an active property investor.
We wrap up the episode by mentioning the Property Academy video course. This 19 lesson property investment video course will teach you the fundamentals of how to invest in property in New Zealand.
1/5/2021 • 15 minutes, 8 seconds
Best of the Best: Top Performing Suburbs in 2020 – Highest Growth and Yields | Ep. 481
In this episode, we discuss the top performing suburbs within New Zealand for 2020. This is based on the Best of the Best report from Core Logic, which shows the suburbs that had the highest and lowest growth yields, as well as highest and lowest growth rates. Access the report here.
We reveal and summarise all of the data, including revealing the suburbs where properties took an average of just 7 days to sell in 2020.
We also mention the Property Academy video course. This 19 lesson course teaches you the fundamental of investing in property for free ... you don't even have to put your email address in.
1/4/2021 • 14 minutes, 28 seconds
7 Things 'Uncle Lester' Will Say at the Family BBQ + Comebacks and Responses | Ep. 480
In this episode, we discuss 7 things we think property-sceptic family members (aka. Uncle Lester) will say at the family BBQ over the summer holidays. We then detail data and responses for each.
This includes talk of capital gains taxes, the inability to find a tenant, rising interest rates, renting to friends and family, and of course buying down the street from where you live.
What are some of the things you've heard from friends and family at the Summe bbq? We want to know. Send us a text on 5522.
1/3/2021 • 13 minutes, 11 seconds
Should I Buy a Holiday Home? And Is It An Investment? | Ep. 479
In this episode, we discuss whether you should buy a holiday home and what it means for your investment portfolio. We go through the numbers and how buying a holiday home impacts your Uncommitted Monthly Income.
the purpose of this exercise is not to tell you whether to buy a holiday home or not in your specific situation, but rather to help you understand the impact on the whole portfolio.
Want to learn more about property? Check out our 19-lesson Property Academy Video Course. This course teaches you the fundamentals of investing in property in NZ.
1/2/2021 • 13 minutes, 47 seconds
Top 10 Property Investment Books To Read Over the Summer Break | Ep. 478
In this episode, we discuss our top 10 property investment books to read over the summer holidays to prepare for 2021. These are:
Property 101, by Matt Gilligan
Property Investments, by Martin Hawes
Rich Kid, Smart Kid, by Robert Kiyosaki
20 Rental Properties in 1 Year, by Graeme Fowler
Real Estate Riches – How to Become Rich By Using the Banks Money, by Dolf de Roos
Jones on Property by Sir Bob (Robert) Jones
Think and Grow Rich, by Napoleon Hill
The Only Woman in the Room, compiled by Ashley Wilson
How to Win Friends and Influence People, by Andrew Carnegie
The Barefoot Investor, by Scott Pape
What's on your summer reading list? We want to know! Send us a text on 5522.
1/1/2021 • 13 minutes
21 Ideas For New Years Goals You Can Set Yourself For 2021 | Ep. 477
In this episode, we discuss 21 different goals you could potentially set yourself in 2021. This includes everything from goals for first-time investors who want to learn the fundamentals of property investment, through to goals for experienced investors who are looking to spice up their portfolio.
We also go through Andrew's goal-setting framework, where he shares the three things you need if you are going to successfully set and complete your goals.
Have a goal not mentioned in the show that you've set yourself around property or taking control of your financial life? Let us know what they are by sending us a text. Our number is 5522.
12/31/2020 • 12 minutes, 1 second
"I Grew Up Poor ... But I Did Not Have Poor Dreams" ... 7 People Who Inspired Us in 2020 | Ep. 476
In this episode, we discuss the 7 people who inspired us most in 2020. This includes people who listened to the show, turned up to our property investment events and shared their stories with us.
We also detail a few people who we had the pleasure to hear speak live who, although not property investors, inspired our financial ambitions all the same. These include John Travolta, Magic Johnson and Sir Michael Hill.
Who was the person who inspired you most on your property investment journey in 2020? We want to know. Send us a text, our number is 5522.
12/30/2020 • 10 minutes, 27 seconds
First Homes More Affordable Now Than In 2005 New Data Says | Ep 475
In this episode, we discuss new data released as part of the Stuff housing affordability dashboard. Within this we show that although the median New Zealand sale price is $749,000 in November. The median sale price for first home buyers was $610,000 ... 19% less.
We then track the number of weeks it takes to save a 10% deposit, and show that although it has increased by 33% from 84 to 112 weeks, if you include government and employer assistance, the number of weeks will have actually decreased over that time. Similarly the cost of a mortgage as a percentage of income has dropped significantly over the period.
We wrap up the episode by mentioning the Property Academy video course. This 19 lesson video course will teach you the fundamentals of property investment for free.
12/29/2020 • 12 minutes, 15 seconds
How Old Is Too Old? ... How To Expand Your Portfolio In Retirement | Ep. 474
In this episode, we discuss how old is too old to invest in property ... and how to expand your property portfolio in retirement.
This includes case studies and strategies for different types of investors ... and alternative strategies depending on your risk tolerance.
We also mention the new Property Academy Video Course. This 19 lesson course, shows you the fundamentals of property investment. Andrew even shares his screen to show how he builds cashflows fro each property he invests in.
12/28/2020 • 12 minutes, 9 seconds
The Exact 4 Step Process We Use To Find Investment Quality Developers + Development Projects | Ep. 473
In this episode, we discuss the exact 4 step process we use to find investment quality developers and development projects for investors. This includes using BCI to get information on upcoming development projects, through to getting introductions from the industry.
We then discuss the sort of projects and developers we tart to look for, and what individual investors can and can't easily replicate.
We also mention the new Property Academy Video Course. This is a 19 lesson course where Andrew shows you the fundamentals of property investment.
12/27/2020 • 14 minutes, 29 seconds
Is It A Good Idea To Negotiate Early Access to Properties? ... Risks and Rewards | Ep. 472
In this episode, we discuss whether it's a good idea to negotiate early access to investment properties that you are purchasing. Andrew talks us through a few examples of where he has negotiated early access ... and taken advantage of it.
We then detail the risks that are associated with early access ... both from the perspective of the investor and the person selling the property.
The show wraps up by talking about the new Property Academy video course. This 19 lesson course takes you through the fundamentals of investing in property ... how to do it the right way ... and how to avoid common pitfalls and mistakes.
12/26/2020 • 13 minutes, 31 seconds
What Is a Body Corporate ... And How Do They Work? | Ep. 471
In this episode, we discuss body corporates, along with how they work ... and what to do if you think body corporate fees are too expensive.
A body corporate is a legal requirement if you hold a unit title property. Though, increasingly, if you own a townhouse, you may have what's called a resident's association in place of a body corporate.
Listen to the episode to learn the differences between the two, and what property investors need to know when purchasing investment properties with body corporates and resident's associations.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.
12/25/2020 • 15 minutes, 14 seconds
All I Want For Christmas Is ... What We Hope Santa Slipped Under the Tree | Ep. 470
In this episode, we discuss what we hope Santa has slipped under the tree for us both. Ed hopes that Santa will bring more houses to the market ... and more relaxed lending restrictions from the Reserve Bank ... along with support for the retail banks to lend more aggressively on new build investments.
While, Andrew, on the other hand, hopes that Santa brings a cleaner property education and property coaching industry.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.
12/24/2020 • 10 minutes, 4 seconds
Ghost of Christmas Past ... Property Cycles + Did Our Previous Predictions Come True? | Ep. 469
In this episode, we discuss the predictions that were made in our 10th episode of the Property Academy Podcast, along with whether they came true or not.
We then delve into the mechanics of a property cycle, using the Gisborne region as a case study for why you may not want to invest in a market that is booming right now.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.
12/23/2020 • 12 minutes, 47 seconds
Help! It's Xmas + I Can't Find a Tenant ... How To Get Through a Vacant Period | Ep. 468
In this episode, we discuss what to do as a property investor if you are going a period of 'vacancy', where you don't have a tenant paying you rent.
This is particularly timely right now since, during the Christmas period, there tend to be multiple developments coming up for completion at any one time.
This is because developers rush to get their projects settled before Christmas so that they have cashflow for the holiday period. But, that does mean that multiple projects come to the market at a time where tenants are more scarce than usual.
We discuss the three tactics you can use to get you through a tough period of cashflow ... as well as talk you through when it makes sense to drop your rent or not.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.
12/22/2020 • 15 minutes, 3 seconds
New Data: There Aren't Enough Listings To Go Around ... Your Latest Market Update | Ep. 467
In this episode, we detail the latest data from the Real Estate Institute of New Zealand and realestate.co.nz. The main takeaway is that there aren't enough listings to go around.
Although the total number of listings was up over 14% compared to the last year ... the total number of properties was up almost 30%. That means that all around the country, there are a record low number of listings, which fuels house price growth.
We wrap up the show by mentioning the Property Academy video course, this 19 lesson property investment course is available for free on the Opes Partners website.
12/21/2020 • 10 minutes, 8 seconds
Investors Require 40% Deposits With ANZ – What It Means + What Investors Need to Know | Ep. 466
In this episode, we discuss ANZ's recent move to now require 40% deposits for investment properties. This is a major change in credit policy, that makes ANZ the most conservative bank when it comes to lending on investment properties.
Here, we discuss the change, the exemptions, and how ANZ staff are implementing the new regime. We also go through the expected impact on house prices (not a lot), as well as how this fits in with what the bank's economists are reporting.
We wrap up the show by mentioning the Property Academy video course, this 19 lesson property investment course is available for free on the Opes Partners website.
12/20/2020 • 15 minutes, 5 seconds
Core Concept: What Is Price Elasticity of Demand And Supply? | Ep. 465
In this episode, we discuss price elasticity of demand and supply ... what they are ... and what they mean for property investors in New Zealand.
Price elasticity is a measure of how responsive quantity is to a change in price. The amount of a good that is purchased can either change a lot or a little in response to a change in price ... and understanding price elasticity helps us to predict how prices will change in the future.
If you have a topic you'd like us to discuss on the podcast, then send us a text. Our number is 5522. It would be great to hear from you.
12/19/2020 • 15 minutes, 53 seconds
How and When to Break Up With Your Mortgage Broker | Ep. 464
In this episode, we discuss the right and wrong way to break up with your mortgage broker, if you feel you aren't getting the advice that you want and need.
If you do need to switch brokers, then don't just cut them off. Or opt for radio silence. Let them know you're moving on and that you appreciate the work they've already done for you.
If you have a topic idea or a question, then send us a text. Our number is 5522, we would love to hear from you.
12/18/2020 • 12 minutes, 46 seconds
The Economics of Being a Developer ... Do They Make a Lot of Money? | Ep. 463
In this episode, we are once again joined by James Parker from Stonewood Canterbury to discuss the economics of being a developer, and the costs that are associated with building brand new residential properties in Canterbury.
James shares that in a place like Selwyn District, 32% of the cost associated with a $550k property would go to land and then there would be an additional $2000 per square meter of build costs. On top of that developers also need to pay for their own staff costs and well as finance and interest costs. The returns can be attractive, but it comes with significant risk as well.
Got the next great topic idea? Or what about a guest we should have on the show? We want to hear from you. Our number is 5522. Give us a text. We'd love to hear from you.
12/17/2020 • 12 minutes, 54 seconds
Bonus Webinar: Predictions and Forecasts for 2021 – How to Be Successful In the New Year
This is a special bonus piece of content, which is the audio from our recent webinar where Ed and Andrew discuss predictions and forecasts for the new year in property investment.
Throughout the webinar we detail the 12 months of the year and what we forecast will happen in each month of the year. This includes Loan to Value Ratio restrictions, increased regulation, and lower and lower interest rates.
Click this link to watch the video version of the property investment webinar.
12/16/2020 • 1 hour, 11 minutes, 23 seconds
Is It Easy to Be a Developer? Top Challenges Facing Developers Right Now | Ep. 462
In this episode, we are joined by James Parker from Stonewood Canterbury to discuss the top problems residential property developers are currently facing ... and what they'll mean for you if you're trying to become a developer.
These include labour shortages of skilled overseas workers; competition for building materials and scarcity of land pushing prices up even further.
Got the next great topic idea? Or what about a guest we should have on the show? We want to hear from you. Our number is 5522. Give us a text. We'd love to hear from you.
12/16/2020 • 14 minutes, 38 seconds
Common Problems With New Builds ... A Developer's Perspective | Ep. 461
In this episode, we are joined by James Parker from Stonewood Canterbury to discuss the common problems that occur with new build investments.
Here James walks us through the process of how new build defects are picked up, and the most common ones he tends to spot. He then walks us through some of the biggest mistakes he's made while building new houses and what he's done to fix them.
If you've got a topic idea, or a guest you think we should have on the show, send us a text. Our number is 5522. It would be great to hear from you.
12/15/2020 • 15 minutes, 37 seconds
How to Negotiate With a Developer ... Here's What They Really Care About | Ep. 460
In this episode, we discuss how to negotiate with a property developer ... and how to figure out what they really care about.
We go over how a developer makes money ... and why the first properties that the pre-sell in a project will often be sold at a discount. We then transition to discuss the sort of developers that are more likely to negotiate with you ... and which ones won't.
Got a topic you'd like us to talk about? Send us a text. Our number is 5522. It would be great to hear from you.
12/14/2020 • 11 minutes, 9 seconds
Buy an Investment Property With a 10% Deposit? You Can If You Meet This Criteria | Ep. 459
In this episode, we discuss the BNZ's announcement that they are now willing to lend up to 90% for investors purchasing turn-key builds from a developer. This is effectively adding in the new build exemption which was always in place.
But, before you get too excited ... in order to get a loan with that little deposit, you'll need to be a "golden client" ... most likely double incomes in secure industries with clean credit and account conduct. And you'll also have to pay higher interest rates.
Got a topic you'd like us to talk about? Send us a text. Our number is 5522. It would be great to hear from you.
12/13/2020 • 14 minutes, 2 seconds
5 Strategies If You Don't Have the Money to Invest Just Yet | Ep. 458
In this episode, we discuss the 5 strategies you can use if you don't have the money to invest in property just yet. This is based on an article that we recently released on the Opes Partners website.
The 5 strategies are:
Pay off your mortgage more quickly
Wait for capital growth
Renovate your property
Tap into the bank of Mum and Dad
Save the rest
Want to read the full article, you can find 5 Strategies If You Don't Have the Money to Invest here. And if you have a topic you'd like us to discuss on the show, send us a text. Our number is 5522.
12/12/2020 • 14 minutes, 17 seconds
Big Cities v.s. Regions ... Which Get Better Capital Growth? The Data Speaks| Ep. 457
In this epiosde, we discuss whether cities or the smaller regions tend to get better capital growth over the long term. This is a contentious issue, with some claiming that cities get better capital growth ... and then other property commentators like Graeme Fowler refuting this claim.
Over the last 28 years, each of the regions has had a relatively similar amount of capital growth ... BUT the major cities are more consistent in that growth. On the other hand, the regions have had more explosive capital growth over a shorter period of time.
If you've got a topic you'd like us to do a podcast on, send us a text. Our number is 5522. It would be great to hear from you.
12/11/2020 • 15 minutes, 17 seconds
Should I Use Multiple Real Estate Agents to Sell My Property? | Ep. 456
In this episode, we are joined for a final time by Slade Hocking, who is a buy and flip-focussed property investor, and a real estate agent. Here we discuss whether you should use multiple agents to sell your property so you can get the best price.
Generally speaking, our view is that using multiple agents incentivises not the best price ... but the quickest sale. That's because the agents are trying to beat one another to get a deal across the line, as opposed to the highest price.
There may be some instances, however, where multiple agents maybe appropriate. This would be in the instance where the property was especially unique.
If you have a topic idea, or a guest you'd like us to invite on the show, send us a text. Our number is 5522. It would be great to hear from you.
12/10/2020 • 9 minutes, 59 seconds
Case Study: This Investor Made $600k+ From a Private Buy and Flip Deal | Ep. 455
In this episode, we are joined by property investor and real estate agent, Slade Hocking. Here, Slade walks us through how he made over $600,000 on a private buy and flip project in Canterbury.
Slade also walks us through his experience in forming Joint Ventures with other property investors so that he is able to take on more projects.
We also mention the launch of our upcoming renovations-focussed service. If you are interested in being the first to learn more about the new service, click this like to learn about active property investment coaching.
12/9/2020 • 13 minutes, 31 seconds
Story Time: How This Buy + Flip Investor Got Their Start | Ep. 454
In this episode, we are joined by property investor and real estate agent, Slade Hocking, who specialises in renovation projects in the Canterbury market.
Here, Slade shares the story of how he became a property investor, and how he began to focus on both buy to flip, and buy to holds. We go through his family connections in property investment and how he manages being a property investor ... with his, soon to be growing, family.
If you have a question or a guest idea for the show, then send us a text, our number is 5522. It would be great to hear from you.
12/8/2020 • 14 minutes, 42 seconds
How Do I Get The Best Price For Your Property In A Crazy Market? | Ep. 453
In this episode, we discuss how to get the best price for your property when it's a crazy market. The key takeaway is that you need to understand what is actually selling in the market right now.
One way to fo this is by using Core Logic's Comparative Market Analysis Tool to see the actual sales prices compared to their Rateable Values.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 8th December at 7pm. Click the link above to register.
12/7/2020 • 14 minutes, 59 seconds
Case Study: Which Mortgage Should I Pay Off First To Save Money? | Ep. 452
In this episode, we discuss which mortgage you should pay off first if you want to save money on interest costs. This is based on a situation that was sent through from a listener of the show.
We discuss that you should always pay off your mortgage costs first, followed by investment debts if that is part of your strategy. However, it doesn't matter which investment mortgage you pay off first as long as the portfolio is structured together.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 8th December at 7pm. Click the link above to register.
12/6/2020 • 9 minutes, 25 seconds
How to Save Money In Your Due Diligence By Structuring It The Right Way | Ep. 451
In this episode, we discuss how to structure your due diligence to avoid spending money you don't need to ... and also wh you pay throughout due diligence and when.
For instance, you would tend to pay your solicitor when you settle on the property by transferring their fee (along with the purchase price of a property) into their trust account.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 8th December at 7pm. Click the link above to register.
12/5/2020 • 10 minutes, 23 seconds
5 Reasons Why It's Not The Time To "Wait And See" | Ep. 450
In this episode, we discuss whether now is the right time to wait and see how the market goes. We detail 5 reasons why it's not the time to put your hands in your pockets.
One of the more compelling reasons is that regulations are increasingly becoming more stringent, limiting how easy it is to become a property investor. If it's easier to buy now, rather than later. It then makes sense to take action now.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 8th December at 7pm. Click the link above to register.
12/4/2020 • 12 minutes, 43 seconds
How Have Australian House Prices Gone Under a Capital Gains Tax? | Ep. 449
In this episode, we discuss how Australian house prices have fared under several property taxes. We discuss the details of land taxes, vacant residential land tax, stamp duty and a capital gains tax.
We find that, even with all of these taxes, Australian prices have increased at only a slightly slower rate than here in New Zealand over the last 20 years.
Finally, we wrap up the show by talking about our upcoming property investment webinar. This is happening on Tuesday 8th December at 7pm. Click the link above to register.
12/3/2020 • 11 minutes, 51 seconds
NZ House Prices vs The World's .... Are We In Our Own Property Bubble? | Ep. 448
In this episode, we discuss whether New Zealand is in its own property bubble ... and compare NZ house price increases v.s. the world.
Throughout the show, we go through the property price increases that countries throughout the world are experiencing and compare that to our experience in New Zealand.
We also discuss our upcoming property investment webinar, where we'll discuss the property investment calendar for 2021 and how you can be a successful property investor in the new year.
12/2/2020 • 12 minutes, 57 seconds
Debt to Income Ratios – What Do They Mean For NZ Investors? | Ep. 447
In this episode, we discuss debt to income ratios, including where they have been implemented overseas and how they've been implemented in other countries.
We then talk about the sort of debt to income ratios we expect could be introduced, here in New Zealand, along with how this will impact local property investors.
The show wraps up be mentioning our upcoming property investment webinar ... where we'll talk about our predictions and forecasts for how you can be a successful property investor in 2021. Click here to register for our -> property investment webinar.
12/1/2020 • 13 minutes, 49 seconds
Bankrupt Property Educators From 2005-2010 ... Whatever Happened to Them? | Ep. 446
In this episode, we discuss property educators such as Dean Leftus, who went bankrupt between 2007-2012. These educators positioned themselves as property and financial experts ... but were they really experts? That's the subject of today's show.
We detail their claims, the results their students say they achieved, and also go through the learnings for anyone considering using a property educator today.
Got a topic you'd like us to talk about on the show? Send us a text. Our number is 5522. It would be great to hear from you.
11/30/2020 • 14 minutes, 45 seconds
The Real Problem With Property Investment Coaches & The Property Industry | Ep. 445
In this episode, we discuss the main problem we often see with property investment coaches and the property investment industry... they think one another's strategies are wrong and pull each other down.
Here, we discuss a property educator who's story we admire – Lucia Xiao. We share the details from her recent feature in the PropertyInvestors magazine and some of her comments related to different property investment strategies.
If you've got a topic you'd like us to speak about on the Property Academy Podcat, send us a text. Our number is 5522.
11/29/2020 • 12 minutes, 19 seconds
What If I Can't Settle On My New Build Because The LVRs Changed? | Ep. 444
In this episode, we discuss what you can do if you are contracted to settle on a new build ... but you can't settle because you no longer meet the banks criteria and can no longer get the loan.
This is particularly top of mind given the LVR restrictions are set to change in March 2021.
There are three things you can do: 1) apply for lending through the other major banks, 2) apply for lending through a 2nd tier lender, 3) use a deed of nomination so that another person settles the property instead of you.
If you've got a topic you'd like us to talk about, send us a text. our number is 5522. It would be great to hear from you.
11/28/2020 • 11 minutes, 52 seconds
Practicalities of Getting a Flat Mate To Help You Pay Your Mortgage More Quickly | Ep. 443
In this episode, we discuss the practicalities of getting a flatmate to help you pay off your mortgage more quickly. This includes digging into tax and insurance concerns ...
Should you tell your insurance company that you're going to get a flatmate? Do you need to pay tax on the income that you generate by having a flatmate? And what sort of agreements do you need to have in place.
If you have a topic you'd like us to discuss on the show, send us a text. Our number is 5522. It would be great to hear from you.
11/27/2020 • 10 minutes, 49 seconds
Data Day: Average NZ House Sale Price Hits $725,000 ... +19.8% In One Year | Ep. 442
In this episode, we discuss the Real Estate Institute of New Zealand property report for October 2020. This report showed that the median sale price in NZ lifted 19.8% in the last 12 months, and that property prices, on the whole, were up 13.5% year on year.
We also discuss how other indicators of the property market are faring ... days to sell, inventory and new listing coming on the market ... along with out assessment of what it all means.
If you've got a podcast topic you'd like us to talk about, then send us a text. Our number is 5522.
11/26/2020 • 14 minutes, 37 seconds
Dear Governor ... The Minister of Finance Sends a Letter To the RBNZ Governor | Ep. 441
In this episode, we discuss the recent letters sent between the Minister of Finance (Grant Robertson) and the Reserve Bank Governor (Adrian Orr).
Mr Robertson had written to the Governor about his concerns around rising house prices. He suggested a small change to the remit of the central bank, that would explicitly ask the Reserve Bank to consider rising house prices when making monetary policy decisions.
If you have a property investment topic you'd like us to talk about, send us a text. Our number is 5522. It'd be great to hear from you.
11/25/2020 • 14 minutes, 1 second
How To Fund Your OE Through Your Investment Properties ... How This Investor Did It | Ep. 440
In this episode, we are joined by Nigel – a listener of the show – who funded his overseas experience and travel through his investment properties.
Here, Nigel shares how he did it, his current portfolio structure and size, and also his advice for investors who are just starting out on their journey.
This episode came because Nigel texted in the topic idea through our number 5522. If you'd like us to talk about a topic on the show, then send us a text. Our number is 5522.
11/24/2020 • 12 minutes, 49 seconds
What % of Properties Fail the Healthy Homes Act – An Honest Look At the Stats | Ep. 439
In this episode, we discuss the Healthy Homes Act and the percentage of properties that don't meet the standards. This is based on the property management book of Venture Management, our inhouse property management firm.
We find that there are 6 key areas where properties are failing the new standards: draughts, insulation, heating, ventilation, drainage, and windows.
Remember, if you have a topic that you'd like us to talk about on the show, send us a text on 5522.
11/23/2020 • 12 minutes, 17 seconds
Treasury vs The Reserve Bank ... What's the Difference & How Do They Impact House Prices? | Ep. 438
In this episode, we discuss the difference between the Treasury and the Reserve Bank ... and their respective impact on house prices.
The Treasury exists to advise the government on its fiscal policy (the money the government spends), while the Reserve Bank focusses on monetary policy, such as lending and bank regulation. All up, the Reserve Bank has more of an ability to impact house prices as compared to the Treasury.
Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.
11/22/2020 • 11 minutes, 46 seconds
Revealed: The Biggest Home Developers in NZ | Ep. 437
In this episode, we discuss who the largest property developers in New Zealand are. This is based on the data released from BCI, a data firm, who focusses solely on the construction industry.
We go through the stats for each region to point out some key differences within each part of New Zealand. Finally, we wrap up by talking about the usefulness of the data and how you would practically use it in your investing strategy.
Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.
11/21/2020 • 11 minutes, 11 seconds
How To Renew Your Interest Only Loan ... And The Mistakes To Avoid | Ep. 436
In this episode, we discuss how to get the bank to renew your interest only loan. This is a critical topic, because sometimes your interest only period and your fixed interest period can get out of sync.
This becomes an issue for property investors who mid-way through a fixed interest period find themselves paying principal and interest, and not being able to get out of it without paying a break fee.
Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.
11/20/2020 • 11 minutes, 25 seconds
Mortgage Repayment Terms v.s. Documented Terms ... What Investors Need To Know | Ep. 435
In this episode, we discuss the difference between the term / timing that a bank will document a loan over to calculate minimum repayments and the actual term that you pay the mortgage back over.
This is important for investors to get their head around, because if you increase your repayments and allow the bank to shorten the documented term, then you will hurt your ability to get further lending for investment properties.
Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.
11/19/2020 • 12 minutes, 38 seconds
How Will Labour's 39% Top Tax Rate Impact Investor's Ability to Borrow From The Bank? | Ep. 434
In this episode, we discuss Labour's new top tax rate of 39% and whether it will have an impact on property investor's ability to secure a mortgage.
Throughout the show, we run multiple models to figure out exactly how much less a high-earning property investor would be able to borrow from the bank. We end up agreeing that fro each $10k you earn over the threshold ($180k), you will be able to borrow about $8.5k less than you otherwise would be able to.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/18/2020 • 9 minutes, 44 seconds
Breaking News: LVR Restriction Update – Larger Deposits Soon To Be Required | Ep. 433
In this episode, we discuss the LVR restrictions that are soon to be reintroduced by the Reserve Bank of New Zealand. These are expected to be reintroduced in March 2021, after the central bank finishes its consultation.
It's generally expected that investors purchasing existing investment properties will require a 30% deposit. We also expect that investors purchasing brand new properties will be able to purchase with the existing 20% deposit.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/17/2020 • 9 minutes, 47 seconds
New Format: Inside the RBNZ's Latest Monetary Policy Statement ... This One Is a Banger | Ep. 432
In this episode, we test out a new format where Ed has selected clips from the Reserve Bank's latest monetary policy statement.
Most interestingly, the RBNZ has announced a Funding For Lending programme. This is where the central bank will lend up to $28 billion to retail banks to on-lend to mortgage holders and businesses.
The central bank's goal is to decrease interest rates and put more money in the pockets of mortgage holders to stimulate lending.
If you like this episode format, then let us know. Give us a text on 5522.
11/16/2020 • 14 minutes, 3 seconds
Active Investing Strategies – Will The Banks Ever Change the Amount They'll Lend Against A Property? | Ep. 431
In this episode, we discuss a question from a listener of the show who runs active investment strategies. The bank would lend him 50% of the money for a project. But, after that project, he wants to know if they'll let him refinance above 50% of the properties new value.
We go on to detail some of the projects he's worked on over the last year, before wrapping up by mentioning the launch of our new coaching service. This new coaching service is for people who want to run active property investment strategies. If you'd like to be contacted when we launch the service early next year, click the link above and we'll be in touch early in 2021.
11/15/2020 • 10 minutes, 25 seconds
Property Factory – An Honest Review Of Their Analysis and Properties | Ep. 430
In this episode, we discuss the New Zealand property company, Property Factory. This is a property sourcing company run by Campbell Venning that sources off the plans properties for Kiwi property investors.
Here, we discuss what some of their terms mean, and delve into their analysis of a specific property they have recently been marketing.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/14/2020 • 9 minutes, 56 seconds
Sir Bob Jones Predicts a Property Market Crash ... What Does He Mean? | Ep. 429
In this episode, we discuss a few recent articles where Sir Bob Jones, New Zealand's most well-known billionaire, forecasts a property market crash. In the articles, he is quoted as saying that he has $250 million of cash ready to buy up property once prices begin to fall.
We discuss that Sir Bob is a global commercial investor, and so his comments may not directly translate into the New Zealand residential property market.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/13/2020 • 10 minutes, 25 seconds
How Long Do I Have To Take My Tenants to the Tenancy Tribunal? | Ep. 428
In this episode, we answer another question from a listener of the show ... this time, delving into how the tenancy tribunal works.
Typically, you have 60 days from the end of a tenancy to take your tenants to the tribunal. After that, you need to have a valid reason why it's been left past 60 days ... and you also need to have a servicing address for the tenants.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/12/2020 • 10 minutes, 31 seconds
Help ... I Don't Have Enough Equity – Novel Strategies to Use Bank of Mum and Dad | Ep. 427
In this episode, we discuss particularly novel strategies to tap into the Bank of Mum and Dad, with a focus on how to set these agreements up right.
One of the novel strategies discussed is the idea of getting grandparents or parents to take out a reverse mortgage and then use it as the deposit for a property. We discuss the perceived pitfalls of this strategy and then detail a few alternatives that you might like to try before you go down that route.
We also mention our upcoming webinar on how parents can help their children get into the property market ... and how kids can help their parents as they near retirement. This is happening on the 17th of November, at 7pm. Click here to register for the property investment webinar.
11/11/2020 • 14 minutes, 34 seconds
Will The LVR Restrictions Be Brought Back In? | Ep. 426
In this episode, we discuss the removal of the LVR restrictions that occurred earlier this year and whether we believe the Reserve Bank will bring them back in during 2021.
We also discuss the impact we believe new LVR restrictions would have, and come to the conclusion that they likely wouldn't slow house price growth.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/10/2020 • 12 minutes, 34 seconds
How To Negotiate Real Estate Agents' Fees | Ep. 425
In this episode, we discuss how to negotiate fees with real estate agents, and especially when in the process to negotiate fees with agents.
Ed walks through a model of setting expectations early with your agent so they know what they're expected to live up to. Andrew then shares his war stories of how he's negotiated fees with agents in the past.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/9/2020 • 14 minutes, 25 seconds
"What Are The Top Things You Look For In An Investment Property ... Other Than The Things You Always Talk About?" | Ep. 424
In this episode, we discuss a topic suggested by a listener of the show, who asks "what are the main things you look for in an investment property ... other than the usual things you talk about?"
Andrew and Ed use a 23 step checklist when choosing investment properties for investors, so in this show, they both choose their top 3 ... but excluding the top factors they usually discuss on the show.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/8/2020 • 11 minutes, 21 seconds
How to Negotiate a House Swap ... When & How to Do It | Ep. 423
In this episode, we discuss how to do a house swap and what to think about when you are going through this process. This episode topic comes from a listener of the show who has a specific situation that we discuss.
The main takeaway is to make sure that the deal makes sense in today's market at today's prices. Establish the value of both properties and then negotiate the price difference in terms of cash.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/7/2020 • 10 minutes, 22 seconds
The Leaky Home Land Banking Strategy | Ep. 422
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, Kyle walks us through the Leaky Home Land Banking strategy and where he has seen investors purposely purchase leaky homes at cheap prices either for renovation or for land banking.
It's important to note that this is a high-risk and very sophisticated strategy, where the returns will be highly variable and in some cases, non-existant.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/6/2020 • 10 minutes, 50 seconds
The Different Types of Cladding ... The Good, The Bad, And The Ugly | Ep. 421
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, Kyle walks us through the different types of cladding that can shelter your property from the elements.
We go through Shadowclad, bricks, weatherboard, plaster, concrete and so many other different types of cladding you might consider. when purchasing an investment property.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/5/2020 • 14 minutes, 42 seconds
The Main Problems Houses face Based on the Decade They Were Built In | Ep. 420
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, Kyle walks us through some of the key issues houses face based on the decade that they were built in.
If you're looking at a house that was built prior to 1950, you'll want to check out the wiring ... that's what usually goes wrong. And if it's today's houses, then lookout for a leaking shower. That's common too.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/4/2020 • 15 minutes, 47 seconds
The Beginner's Guide to Building Inspections ... When's Best To Get One? | Ep. 419
In this episode, we are joined by Kyle Brookland from Informed Property Inspections. Here, Kyle walks us through the basics of property inspections, including how much they cost, what they include and whether the industry is regulated or not.
We go through some of the common things to look for when shopping around for a building inspector and what you can expect to find within a building inspector's report.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/3/2020 • 12 minutes, 47 seconds
Is It A Scam? ... Ed and Andrew Reveal Some of the Top Real Estate Scams in NZ | Ep. 418
In this episode, we discuss real estate scams and reveal some of the details of some of the top property scams that have graced New Zealand's shores over the years.
This includes talking about handwritten letters that have been found in letterboxes, through to mysterious contractors turning up to offer a deal on a driveway that is a little too good to be true.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/2/2020 • 14 minutes, 6 seconds
Caught: Why These Real Estate Agencies Paid $4 Million+ to the Commerce Commission | Ep. 417
In this episode, we go through the details of why several large real estate agencies have been fined millions of dollars by the Commerce Commission for alleged price-fixing.
This is a case that was widely publicised but poorly misunderstood. Here the real estate agencies entered into a price-fixing arrangement to pass on the cost of higher TradeMe fees to purchasers ... without room for negotiation.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
11/1/2020 • 11 minutes, 37 seconds
Case Study: How This First Home Buyer Got Their Foot On the Property Ladder While Earning Minimum Wage | Ep. 416
In this episode, we discuss a recent case study of a first home buyer purchasing a house in Napier, while earning the minimum wage.
This is a monumental effort,m which should be celebrated, along with the sacrifices that would need to be taken to get there. This is an example of how first home ownership is achievable for young people here in NZ, even in today's market.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
10/31/2020 • 12 minutes, 18 seconds
How Quickly Have Apartments Historically Grown In Value? The Numbers Revealed | Ep. 415
In this episode, we dig into the data to reveal how quickly apartments have grown in value over the last 20 and a half years. This is in response to some developers claiming – or intimating – that their apartments will increase in value at inflated figures.
Here, we reveal the figures across all the three major cities and also walk through some simple rules you can use to get a sense of what your apartment might grow at over the foreseeable future.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
10/30/2020 • 12 minutes, 21 seconds
What Happens If Interest Rates Rise? ... A Worked Example | Ep. 414
In this episode, we discuss a worked example about what happens if and when interest rates rise in the future.
This worked example figures out what the interest rate could rise to in order to make your property neutrally geared over a 10 year period. after 5 years. To do that you save the money while interest rates are low and then use those savings to pay for the higher interest rates if and when interest rates rise.
If you'd like to see the model and read how it works, click here to see the interest rate modelling.
10/29/2020 • 11 minutes, 21 seconds
Who Are the Top 10 Mortgage Brokers In NZ? We Reveal Our Top 10 | Ep. 413
In this episode, we go through our list of the top 10 mortgage brokers in the country who we have had direct experience with. We also detail the reasons why we've chosen these specific brokers, along with who they might not be the right for.
These include Squirrel Mortgages, Lateral Partners, Tony Mounce Mortgages, Roost, New Zealand Home Loans, Loan Market, Jeff Elias, Maria Thackwell, Vantage, and Eugene Bartsaiken.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
10/28/2020 • 13 minutes, 28 seconds
4 Real Life Tenancy Tribunal Cases From The Last Month + What They Mean | Ep. 412
In this episode, we walk you through 4 real-life case studies that have hit the tenancy tribunal recently, along with what you can learn from them as landlords.
The most interesting one for property investors was a case were the tenants were made to pay $1000 to the landlord for routinely tampering with smoke alarms. This charge was at a level that was seen to deter other tenants from continually messing with smoke alarms in the properties they rent.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
10/27/2020 • 13 minutes, 13 seconds
How Do I Manage My Property Manager? | Ep. 411
In this episode, we discuss how to manage your property manager. Property managers naturally come with different levels of skill and experience. Some will be amazing, others not so much.
So you can't just take your hands off a long term buy and hold investment and leave it to your property manager. That's why we walk through a real-life inspection report and answer some common questions you might be thinking if you were to go through one yourself.
We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.
10/26/2020 • 11 minutes, 39 seconds
Live: How Will the Labour Government Impact the Property Market? | Ep. 410
In this episode, we discuss a question that was asked by Katherine, a listener of our show at the live Auckland recording. Here, Katherine asked how the Labour Government will impact property investors in NZ.
Our key message is that property investors need to hang on. While there may be some changes that make property investment less profitable from a cashflow perspective, any new legislation is likely to be incremental only. This shouldn't take away from the benefits that property provides through leverage.
We also discuss our Epic Guide to Mortgages. This is a 10,000-word guide which walks you through the basics of how to get a mortgage and pay it off more quickly.
10/25/2020 • 10 minutes, 58 seconds
Live: Where and How to Invest $1 million In Today's Market | Ep. 409
In this episode, we answer a live question asked during our live events in Wellington. Here, Dasha asked where and how we would invest $1 million in today's market ... and why.
Because this episode was recorded in Wellington, we talk through the data we would use, which currently suggests that Wellingtonians might like to invest outside of their home region ... and what their alternatives are.
We wrap up the episode, by mentioning our Epic Guide to Property Investment. This is our 16,000-word guide, which teaches you the basics of how to invest in property in NZ.
10/24/2020 • 11 minutes, 36 seconds
Live: Going From An Owner-Occupier to An Investor | Ep. 408
In this episode, we discuss how to go from an owner-occupier to an investor. This is a question put to us by Darryl at our recent live recording in Christchurch.
Our main advice is that you've got to use the useable equity within your property to secure the deposit for your investment property. Darryl joins us for the show to add his thoughts in as well.
We wrap up by mentioning our Epic Guide to Property Investment, which walks you through the basics of investing in property. This 16,000-word guide is freely available on our website.
10/23/2020 • 9 minutes, 43 seconds
Live in Auckland – Auckland Property Market Update In Front of A Live Studio Audience | Ep. 407
In this episode, we record the third-ever Property Academy Podcast episode recorded in front of a live studio audience. Here, we talk about the Auckland property market and how it is tracking right now.
Andrew gives an on the ground perspective about what he's seeing from real estate agents, developers and vendors, while Ed digs into the data to show us whether Auckland is undervalued or overvalued.
If you'd like to learn more about property, then check out the Epic Guide to Property Investment, which teaches you the basics about how to invest in property.
10/22/2020 • 10 minutes, 15 seconds
Live in Wellington – Wellington Property Market Update In Front of A Live Studio Audience | Ep. 406
In this episode, we record the first-ever Property Academy Podcast episode recorded in front of a live studio audience. Here, we talk about the Wellington property market and how it is tracking right now.
Andrew gives an on the ground perspective about what he's seeing from real estate agents, developers and vendors, while Ed digs into the data to show us whether Wellington is undervalued of overvalued.
If you'd like to come along to an in-person Property Academy Podcast event, then there is one in Auckland as well on October 22nd. Click this link to register for your free ticket.
10/21/2020 • 12 minutes, 59 seconds
Live in Christchurch – Property Market Update In Front of A Live Studio Audience | Ep. 405
In this episode, we record the first-ever Property Academy Podcast episode recorded in front of a live studio audience. Here, we talk about the Canterbury property market and how it is tracking right now.
Andrew gives an on the ground perspective about what he's seeing from real estate agents, developers and vendors, while Ed digs into the data to show us whether Canterbury is undervalued of over valued.
If you'd like to come along to an in-person Property Academy Podcast event, then there is one in Wellington hosted the day this podcast is released, or in Auckland as well on October 22nd. Click these links to register for your free ticket.
10/20/2020 • 11 minutes, 53 seconds
The #1 Risk of the Buy and Hold Investment Strategy ... & How to Avoid Being Unsuccessful | Ep. 404
In this episode, we detail the #1 risk that you face as an investor using the buy and hold investment strategy. It is not holding for long enough to get the capital growth and long term wealth that you were looking for when you first started investing.
We also detail several case studies of where investors have either had bad things happen to them throughout the strategy and also where they have been unsuccessful altogether.
Finally, we wrap up the show by discussing our upcoming podcast tour, which is happening on the 20th, 21st and 22nd of October in Christchurch, Wellington and Auckland. Click here to register for the new dates.
10/19/2020 • 12 minutes, 34 seconds
One of Split Banking's Biggest benefits No Longer Exists ... So Should You Still Do It? | Ep. 403
In this episode, we discuss how one of split banking's greatest benefits – the ability to borrow more – no longer exists. This was caused by the removal of the LVR restrictions by the Reserve Bank at the start of the first Covid-19 lockdown.
So should you still do it? We suggest that you should, not just because of the other benefits of split banking, but also because the removal of the LVR limits are temporary. So, if they come back in, you still want your portfolio to be in the most equity-efficient position. And that is what split banking enables.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/18/2020 • 9 minutes, 7 seconds
Which Suburb Increased In Value By 19%+ in the 5 Months After The First Lockdown? | Ep. 402
In this episode, we detail the winners and losers, 5 months after the start of the first lockdown. This comes from a dataset of over 2800 suburbs from around the country, where the median change in value has been measured at March 24th and the 31st of August.
The biggest winner was Whanganui with a massive 19%+ increase in values in the 5 month period. And the biggest loser was Glendowie in Auckland, which dropped by 12%+ in value.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/17/2020 • 12 minutes, 46 seconds
Term Deposits v.s. Property ... A Fair Comparison – And Why Term Deposit Holders Are Piling Into Property | Ep. 401
In this episode, we compare term deposits and property. Lower interest rates give a double boost to investment property. First, lower interest rates make investment property more profitable, since the interest on an investor's mortgage is usually the largest cost.
The second is that lower interest rates decrease the return on term deposits, making property relatively more profitable, again, compared to the alternative. Throughout this show, we go through a deep dive into the numbers and compare the decisions that real investors are facing in the current market.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/16/2020 • 13 minutes, 18 seconds
How to Review Your Property Portfolio Each Year ... And Keep Track of Progress | Ep. 400
In this episode, we are once again joined by Micky Limmer from Harcourts Canterbury. And here, we discuss strategies you can use to review your property portfolio each year.
The key message here is that you should review your portfolio each year, specifically looking for opportunities to increase your cashflow. That may be by increasing your rent or decreasing your operating expenses ... or it may be by reviewing interest rates and the structure of your mortgage. The key here, is that manage the cashflow each year so that you can hold for long term capital gains.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/15/2020 • 14 minutes, 53 seconds
The Seasons Of Property – The Ups and Downs That Repeat Each Year | Ep. 399
In this episode, we are joined by Micky Limmer who is a real estate agent at Harcourts, Canterbury. Data shows that median house prices rise in Summer and fall in Winter. But, why is that? And what are the different seasons in the property market each year?
Our consensus is that during the winter months, fewer homeowners at the top end of the market sell their properties, while the first home buyer market stays strong. That means that during the cooler months the first home buyer (cheaper) part of the market makes up a bigger proportion of sales, biasing the median house price down.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/14/2020 • 11 minutes, 14 seconds
Let's Get Political! A Review of The Major Parties Housing Policies | Ep. 398
In this episode, we discuss the housing policies of the major 2 political parties in New Zealand ... along with what they mean for property investors.
Of particular interest is Labour's policy of regulating property managers, which has the potential to increase rents across the country as landlords take on more cost and a more professional standard of rental increases are applied across the country.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/13/2020 • 11 minutes, 10 seconds
Does Population Growth = Capital Growth? Let the Data Speak! | Ep. 397
In this episode, we discuss whether population growth leads to further increases in property prices. This is based on a recent article by Tony Alexander, an independent economist and friend of the show.
Our determination is that population growth is not a significant indicator of capital growth ... however, it is still not to be ignored because it is still ab important driver of a landlord's ability to secure a tenant, along with other related factors.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/12/2020 • 12 minutes, 15 seconds
Auckland v.s. Wellington for Commercial Property – Sir Bob Jones Thoughts From My Property World | Ep. 396
In this episode, we discuss the commercial property markets in both Auckland and Wellington from the eyes of Sir Bob Jones. This episode is based on Sir Bob's writings in his book My Property World, which is a follow up from his first property-based book ... Jones on Property.
Sir Bob sees Wellington as the more desirable city because of its lack of available land to build buildings on ... even though the Auckland economy has more heft.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/11/2020 • 10 minutes, 10 seconds
Facebook Group Price Fixing – The Commerce Commission Is Not Happy | Ep. 395
In this episode, we discuss potential price-fixing identified by the Commerce Commission within Facebook groups that promote property investing.
Here, property investors discussing the response to Covid-19 and potential rent increases have been slapped with a warning, as such discussions could represent anti-competitive behaviour.
We also discuss the plight of Ronovationz, the NZ-based property coaching business that was earlier fined $400,000 for anti-competitive behaviour.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/10/2020 • 11 minutes, 30 seconds
How to Use a Revolving Credit to Pay Off Your Home Mortgage Faster | Ep. 394
In this episode, we are joined by Ella Dromgool to discuss how to correctly use a revolving credit to pay off your mortgage faster.
Used the correct way a revolving credit will provide additional flexibility and save you on interest. Used incorrectly, you'll spend more than you meant to and potentially increase the size of your mortgage.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/9/2020 • 10 minutes, 45 seconds
2 Investment Properties By the Age of 23 ... This Investor Reveals How She Did It | Ep. 393
In this episode, we are once again joined by Ella Dromgool from Catalyst Financial to discuss how she bought 2 investment properties by the age of 23.
Ella shares her strategy of getting flatmates to help her pay down her mortgage. In this case, she was paying off an additional $23,400 of principal payments through her flatmates.
We also discuss tomorrow's episode, where Ella will reveal how to correctly structure your mortgage so that you can pay it off more quickly.
10/8/2020 • 9 minutes, 39 seconds
Bonus Webinar: Pilfered or Protected – How to Protect and Save Money On Your Investment Properties
This is a special bonus piece of content, which is the audio from our recent webinar where property accountant, Matthew Harris showed us how to save money on your investment properties by paying the correct amount of tax.
From Matt's point of view, many Kiwi property investors pay more tax than they otherwise would need to. This is because they haven't structured their affairs in the most efficient and opportune way. As part of this webinar we play the game Pilfered or Protected, where you get to play along and see whether you can pick the right structure for three different types of investors.
Click this link to watch the video version of the property investment webinar.
10/7/2020 • 1 hour, 12 minutes, 59 seconds
Is It Really Harder To Buy Your First Home Today? 26-yr Old Property Investor Weighs In | Ep. 392
In this episode, we are joined by Ella Dromgool from Catalyst Financial to discuss whether it really is harder to buy your first home today than it was previously. Ella is a 26-year old property investor who owns two properties.
She is also the creator of Instagram page, Paper and Sweat, which educates young people on how to be successful and take action in the property market.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/7/2020 • 14 minutes, 8 seconds
How To Keep The Bank Lending You Money ... And Some Hard Truths | Ep. 391
In this episode, we discuss things you can do to keep the bank lending you money. This is also given in the context of the situation many of our podcast listeners face, where they have a decent amount of equity, but get tapped out on servicing.
We go through the standard tricks, such as adapting credit card limits and restructuring existing loans, but also walk you through the fact that you are likely to get tapped at some point. And tat that point you need to find a way to increase your income.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/6/2020 • 10 minutes
Helping and Getting Help From Others .... How To Do It The Right Way | Ep. 390
In this episode, we talk about how to help others when you are a property investor ... and how to get help. This includes how to talk to your parents about tapping into the Bank of Mum and Dad. We also discuss the reverse – how to help your your parents as they approach retirement.
This stems from a discussion where an investor we worked with at Opes Partners was likely to get an inheritance and be sorted for retirement. But, they wanted to make their own way. Listen to the full show to hear the case study.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/5/2020 • 11 minutes, 55 seconds
10 Conditional Clauses You Need to Know About ... & Which Ones To Use | Ep. 389
In this episode, we discuss the 10 conditional clauses you should know about ... and which ones you should actually use when purchasing property.
This includes due diligence clauses, right to cancel clauses, sunset and lawyers approval clauses as well as building inspections and meth test provisions.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/4/2020 • 13 minutes, 6 seconds
How to Buy The House You Just Drove Passed ... A Step By Step Guide | Ep. 388
In this episode, we discuss how to buy the property that you just drove passed. This includes a step by step case study from a property located in the Hutt Valley.
This includes going onto Property Guru, looking into your potential vendor, checking the companies office, doing google searches and approaching lawyers directly if the property is owned by an overseas investor.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/3/2020 • 12 minutes, 46 seconds
Should I Furnish My Investment Property? The Costs You'll Face and Rent You'll Get | Ep. 387
In this episode, we discuss whether it is profitable to furnish your investment property. We go through the numbers, the costs and the additional rent you are likely to receive.
For a 2 bedroom unit or apartment, you are likely to receive an additional $50 a week in rent ($2,600 a year), and it is likely that it will cost $10,000 to furnish that property. All up we include that this style of furnishing is generally not worth it based on these numbers. So, we talk through the alternatives you have to increase your rent more effectively.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/2/2020 • 12 minutes, 27 seconds
How to Succeed in an Auction ... What Property Investors Need to Know | Ep. 386
In this episode, we discuss how to win at an auction. We also delve into what you need to know in order to prepare yourself, both financially and emotionally, for the auction.
It's important to note that auctions are unconditional and that if you bid and are the winner you are now bound as the purchaser. That means that you need to have conducted all your due diligence before you begin to bid.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
10/1/2020 • 14 minutes, 18 seconds
Reverse Mortgages ... How to Lose $1 mil in 30 Years | Ep. 385
In this episode, we discuss reverse mortgages. Reverse mortgages are a financial product where older New Zealanders are able to borrow against their home without making repayments to the bank.
Here, we talk through the benefits and the drawbacks of these sorts of loans, including their high-interest rates and the speed at which they can erode the equity you've built up in your home. We also talk through the alternatives that you have if you are nearing retirement to ensure you can access funds without eroding your financial position.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/30/2020 • 12 minutes, 39 seconds
Councils Forced To Approve Consents For More Houses With No Carparks | Ep. 384
In this episode, we discuss new urban planning rules that come into effect in February 2022. This will force councils to approve some developments that don't have car parks.
We discuss the likely outcome, which is that properties with car parks will become relatively more valuable and experience some capital gain as a result. That's because not all of the cost savings will be passed on to the initial purchaser of the property.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/29/2020 • 10 minutes, 17 seconds
Mortgagee Sales – Investment Gold Mine .... or Investment Land Mine? | Ep. 383
In this episode, we discuss whether mortgagee sales are a good way to make money for New Zealand property investors.
Our takeaway is that while mortgagee sales can be a good way to make money, you need to be aware of what it takes to be successful. You have to be willing to undertake a very active strategy and take on certain risks of damage from existing occupants.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/28/2020 • 12 minutes, 15 seconds
Treasury Predicts House Prices Will Rise 24.5% ... So Why Does the Reserve Bank Say They'll Halve? | Ep. 382
In this episode, we discuss recent data released by the NZ Treasury as part of the Pre Election Fiscal Update. Within this report, analysts forecast that house prices will increase 24.5% over the next 5 years.
However, on Thursday 17th September, Stuff published an article suggesting that the Reserve Bank predict house prices to halve. We discuss the issues with this article and show why the Reserve Bank's position was misrepresented.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/27/2020 • 11 minutes, 38 seconds
How Real Investors Are Responding to the Healthy Homes Act | Ep. 381
In this episode, we are joined for the final time by Linda Forsyth from Venture Property Management. Here, Linda walks us through how the property investors she looks after are responding to the Healthy Homes Act.
One quirk around the act is that older, draughtier homes can sometimes have an easier time meeting heating standard, compared to newer, drier homes. The reason for this is that a heatpump is required for the living area. Because newer homes tend to be more open plan, a significant heat pump is required to meet the standards.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/26/2020 • 11 minutes, 3 seconds
Property Manager Reveals The Funniest Stories From 20 Years Managing Properties | Ep. 380
In this episode, we are once again joined by Linda Forsyth from Venture Property Management. Here, we discuss the funniest and most interesting stories from Linda's 15+ years in property management.
From burying a cat prior to an open home, through to respectfully managing a tenant's interesting and obvious kinks ... Linda has tackled it all. And the real message here is that property managers are willing to do the hard yards to get the best outcome for the tenant and the investor.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/25/2020 • 10 minutes, 27 seconds
Revealed: 6 Things DIY Investors Miss When Managing Their Own Properties | Ep. 379
In this episode, we are joined by Linda Forsyth from Venture Property Management to discuss the 6 things that investors miss when they are managing their own properties.
These range from putting the right tenant into the wrong property, through to not increasing the rent along with market rises.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/24/2020 • 10 minutes, 30 seconds
What Happens If I Get Stuck and Don't Have the Money To Settle a Property – Deep Dive On Deeds of Nomination | Ep. 378
In this episode, we discuss deeds of nomination, what they are and how they are used when an investor or property purchaser is unable to settle on a property.
Increasingly, some investors are unable to settle on properties they have gone unconditional on. This is where they will use a deed of nomination to pass on this contract to another purchaser ina. transparent manner than is favoured by the banks.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/23/2020 • 10 minutes, 49 seconds
Land Banking – Is There A Gold Mine Underneath The Back Yard Clothes Line and Lemon Tree? | Ep. 377
In this episode, we discuss the concept of land banking, how it works ... and how you can make significantly more money by holding on to properties that have future development potential.
Here, we take you through an example from Mathew Gilligan's book, Property 101, which discusses this concept.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/22/2020 • 10 minutes, 24 seconds
Should I Invest in Papakura? Is It A Good Place to Invest? | Ep. 376
In this episode, we discuss the Auckland suburb of Papakura. Our conclusion is that, yes, Papakura is a good suburb to invest in. Especially since it is experiencing population growth at almost twice the rate of the wider Auckland region.
In addition to this, significant development is expected in neighbouring Pukekohe and Drury through Auckland Council's recently adopted structural plans for the area.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/21/2020 • 11 minutes, 19 seconds
How Much Can You Make From Relocatable Properties ... Cash Cows, or Dogs of a Deal? | Ep. 375
In this episode, we discuss relocatable houses and homes and who they are the best fit for. A relocatable property is where an investor will purchase a vacant house and transport it to an empty plot, or a newly subdivided piece of land.
The idea here is that moving and renovating a house is often cheaper than building one from scratch. However, there are hidden costs, not just in connecting the house to services but in terms of long term deferred maintenance.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/20/2020 • 10 minutes, 52 seconds
Case Study – How This Property Accountant Saved An Investor 5-Figures in Tax | Ep. 374
In this episode, we are joined for the final time by Matt Harris, an Ex-IRD investigator and co-owner of Momentum property.
Here, Matt takes us through a few case studies of how he has been able to save property investors significant amounts of tax by structuring their affairs in the most efficient manner.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/19/2020 • 14 minutes, 9 seconds
Trusts, Companies and LTCs. Ways to Own Property and Who They’re Right For | Ep. 373
In this episode, we are once again joined by Matt Harris, an ex-IRD investigator and co-owner of Momentum Property. Here we discuss the ways you are able to hold property – and which entity is right for you depending on the type of investor you are.
For instance, Look Through Companies tend to work better for long term buy and hold investors where the portfolio makes a loss. Whereas a long term buy and hold investor with a portfolio making significant cashflow will be better using a trust. On the other hand, traders are better suited using a limited liability company.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/18/2020 • 13 minutes, 1 second
Ex–IRD Investigator Reveals Kiwi Investors Common Misconceptions About Property Taxes | Ep. 372
In this episode, we are joined by Matt Harris from Momentum Property. Matt is an ex-IRD investigator and a property accountant. Within this episode he reveals the common misconceptions Kiwi investors have about property tax.
One of the most interesting revelations is that if you hold properties in a limited liability company, you need to wind up that company to pull any capital gains out for the investor.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/17/2020 • 11 minutes, 29 seconds
New House Price Records Set in 8 Regions & 17 Districts. It's Data Day! | Ep. 371
In this episode, we discuss new data recently released by the Real Estate Institute of New Zealand, which shows that 10 regions and 17 districts hit new record median house prices.
The message here is that the property market is hot and house prices are getting more expensive. IN 6 months time it will cost you more to purchase an investment property than it does today.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/16/2020 • 12 minutes, 5 seconds
How the Reserve Bank Is Pumping Up Asset Prices ... And Why They're Admitting It | Ep. 370
in this episode, we discuss recent policy changes and statements that have been made by the Reserve Bank of New Zealand. In particular, we go through the Large Scale Asset Purchasing Programme and some of the alternative policies the Reserve Bank is expecting to implement in order to maintain low-interest rates.
Then we discuss recent changes that have occurred to the US Federal Reserve and detail how, if implemented in NZ, the policies would change the NZ housing market.
Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates. Click here to register for the new dates.
9/15/2020 • 11 minutes, 53 seconds
3 New Ways To Use CoreLogic Data .... Including An Analysis of A Real Investment Property | Ep. 369
In this episode, we discuss three new ways you can use data through CoreLogic, this includes the new CoreLogic House Price Index and the relaunched Propertyvalue.co.nz website.
In addition to this, we walk through a real property report that was downloaded from the new propertyvalue.co.nz website so you can get a sense of what you can access through the website.
We also discuss the new dates for the Live Podcast Recordings, which have been moved through to mid-October. See the new dates here for the property investment events.
9/14/2020 • 14 minutes, 39 seconds
How To Make Your Bank Accounts Look Tidy to the Banks ... A Step By Step Guide | Ep. 368
In this episode, we are joined for the final time (in this series) by Tony Mounce from Tony Mounce Mortgages and Insurance. Increasingly banks are looking for reasons to say no to borrowers ... even going so far as to check borrowers bank statement line by line to look for anomalies.
That is why it is crucial that borrowers put their best foot forward the first time ... and a big part of this is ensuring that your bank accounts are tidy. Here Tony walks us through how to ensure your financials are orderly.
We also discuss the new dates for the Live Podcast Recordings, which have been moved through to mid-October. See the new dates here for the property investment events.
9/13/2020 • 10 minutes, 41 seconds
How To Get a Mortgage To Buy Property ... If You Don't Live in NZ | Ep. 367
In this episode, we are once again joined by Tony Mounce from Tony Mounce Mortgages and Insurance. Here, we discuss the rules and regulations for getting a mortgage if you are a Kiwi living overseas (and even if you're not).
The banks have tighter restriction on overseas borrowers than those living in New Zealand. Typically an overseas investor will require a 30% deposit (rather than a 20% deposit) ... and the way serviceability (mortgage affordability) is calculated is also much tighter.
We wrap up the episode, by discussing our upcoming Live Podcast tour and the new dates which have been released because of the Covid-19 resurgence. See the new dates for this property investment event by clicking this link.
9/12/2020 • 11 minutes, 47 seconds
How Long Can Interest Rates Stay Low? And What Makes Them Go Up Anyway? | Ep. 366
In this episode, we are joined by Tony Mounce from Tony Mounce Mortgages and Insurance to discuss interest rates. We go into detail about what causes interest rates to rise and fall and Tony's prediction about how long interest rates can stay low.
Tony's main point is that interest rates are indicative of the supply and demand for money. Right now reserve banks are pumping money into the global economy which pushes down interest rates (the price of money).
We also discuss the new dates for the Live Podcast Recordings, which have been moved through to mid-October. See the new dates here for the property investment events.
9/11/2020 • 13 minutes, 54 seconds
The Anniversary Special: 20 Investors Share Their Top Learning From the Last Year | Ep. 365
In this episode, we go back to our top 20 guests (including Andrew and Ed) to talk about their biggest learnings through property investment over the last year.
This includes Tony Alexander, Sarina Gibbon from the Auckland Property Investors Association, Jon Lawry, Eugene Bratsaiken and many more who have featured on the show over the last 12 months.
Thank you to everyone who has listened or participated in the show ... you are the ones who make this show successful.
9/10/2020 • 16 minutes, 34 seconds
Sir Michael Hill on The Future of Retail + How Retail Landlords Will Be Impacted | Ep. 364
In this episode, we are joined for the last time by Sir Michael Hill. Here, we discuss the future of retail and how that will impact retail landlords.
Sir Michael predicts that there will be a consolidation in retail. Small country towns will become increasingly weaker, while shopping centres in the main cities will become stronger.
Ultimately this will have a negative impact for commercial landlords who have holdings in smaller towns ... and landlords who have more premium holdings will be comparatively better off.
9/9/2020 • 12 minutes, 31 seconds
Sir Michael Hill On How To Preserve Wealth Across Generations | Ep. 363
In this episode, we are once again joined by Sir Michael Hill – who walks us through what he does to preserve the wealth he has created across generations.
The most important takeaway from this episode is how Sir Michael and his family have quarterly meetings to discuss the family's financial appears. In Sir Michael's books, this is an important discipline that all families should adhere too no matter how wealthy – or indeed not.
He also walks us through his initial flips and renovations, which he conducted on a series of flats in Whangarei in his earlier years.
9/8/2020 • 11 minutes, 21 seconds
Sir Michael Hill Teaches Goal Setting – How to Set 30 Year Goals | Ep. 362
In this episode, we are joined by Sirt Michael Hill – founder of Michael Hill International, the Michael Hill International Violin Competition and The Hills golf course.
Here, Sir Michael walks us through how to set big, long term goals and what he's learnt about goal setting in his life and on his journey.
9/7/2020 • 14 minutes, 5 seconds
The Top 9 Lessons Learnt By 3 Real Kiwi Property Investors ... + How They Learnt Them | Ep. 361
In this episode, we recap the top 9 lessons shared by our three real Kiwi property investors at our recent property investment webinar. These lessons were:
Trust your guy
Get as much lending as you can ... by any means necessary
Your property is not the market
It's easier to get lending for your first investment than you might think
The more you understand, the more you can take action
To hit your goals, there is always some sacrifice involved
"We probably started too late"
It's ok to learn more and change how you think
Your investing strategy can (and should) change over time
We also mention the webinar that these 25 questions were taken from. Watch the entire property investment webinar, where 3 real-life investors shared their numbers, insights and learnings, by clicking the above link.
9/6/2020 • 10 minutes, 33 seconds
Rapid Fire: 25 of Your Property Investment Questions Answered In Just 12 Minutes | Ep. 360
In this episode, we rapidly answer 25 of your property investment questions in just under 12 minutes. Here, Andrew walks us through some of the basics (and some of the advanced learnings) for how to become a successful property investor.
Questions range from how long you can have an interest-only loan for, through to whether it's best to favour brick cladding.
We also mention the webinar that these 25 questions were taken from. Watch the entire property investment webinar, where 3 real-life investors shared their numbers, insights and learnings, by clicking the above link.
9/5/2020 • 12 minutes, 54 seconds
The Auckland Unitary Plan – What It (And Other Council Plans) Mean For Property Investors | Ep. 359
In this episode, we discuss the Auckland Unitary Plan and other district plans that are in the works ... and specifically what they mean for property investors who are looking to subdivide and add value to properties.
As we discuss, the Auckland Unitary Plan is a hefty document, which needs careful navigation and consultation before taking action. We discuss the pitfalls and the benefits for property investors.
We finish off by mentioning the Epic Guide to Property Investment. This is our 16-000 word guide that teaches you the fundamentals of how to become a successful property investor in New Zealand.
9/4/2020 • 11 minutes
Is Subdivision a Good Way to Make Money in Property Investment? And How Easy Is It? | Ep. 358
In this episode, we are joined by, special guest, Hamish Frizzel from Survus Landsurveyors to discuss subdivision. Hamish has almost 30 years experience in subdivision and Survus has been in business for the last 63 years.
Hamish walks us through how subdivision can result in significant gains for the willing property investor ... but it does require significant investment (upwards of $50,000).
We also discuss the Epic Guide to Property Investment. This is our 16,000-word guide, which teaches you the fundamentals of how to become a successful property investor.
9/3/2020 • 13 minutes, 33 seconds
Bonus Webinar: 3 Real Life Property Investors Share Their Stories and Their Numbers
This is a special bonus piece of content, which is the audio from our recent webinar where three real-life property investors share their stories and their numbers.
New Zealand currently ranks 26th out of 29 in the OECD, a club of mostly rich countries, for savings and investment. On average, Kiwis are on track to save -1.26% of our income in the next year. We believe that if we can remove the stigma around investments and money then we can be part of the solution to turning that number around.
Click this link to watch the video version of the property investment webinar.
9/2/2020 • 1 hour, 26 minutes, 33 seconds
Ghost Houses – The 200,000 Houses in NZ That Don't Have Anyone Living There | Ep. 357
In this episode, we discuss ghost houses – the 200,000 houses in New Zealand that don't have anyone living in them. This has come to light as part of Auckland Council's investigations into how to provide housing to Aucklanders.
One trouble that we discussed, is that many of these properties are not technically vacant, even though they are unoccupied. These are properties such as holiday homes, or properties that are currently undertaking significant renovation.
We also mention, the Epic Guide to Property Investment, this is our 16,000-word guide that teaches you the basics of how to invest in today's market.
9/2/2020 • 12 minutes, 17 seconds
Asset Bubbles – What They Are + What Happens When They Pop? | Ep. 356
In this episode, we discuss asset bubbles – what they are and what happens when they pop. We also discuss whether New Zealand has a housing bubble and a few examples of previous asset bubbles.
For instance, one famous example of a bubble was Tulipmania, which occurred in Holland in the 1600's. Here the price of tulips increased to the point where one tulip bulb was sold for the equivalent of $750,000 today.
We also mention our Epic Guide to Property Investment. This is our 16,000-word guide that walks through what you need to know about property investment as a beginner ... and as an experienced investor. It takes about 45 minutes to read and you can access it through the above link.
9/1/2020 • 13 minutes, 19 seconds
Weird and Whacky Housing Policies That Are Being Proposed At This Election | Ep. 355
In this episode, we discuss two policies that are being proposed at the next election. The first is from The Opportunities Party, which is proposing a housing tax ... and then the Greens' wealth tax.
We go through what each of these policies are and the effect on the average property investor trying to build a passive income.
We also mention the Epic Guide to Property Investment, our 16,000-word guide which can teach you the basics of investing in property. Click the link above to read.
8/31/2020 • 12 minutes, 52 seconds
Where Investors Can Get Caught Out In The Bright Line Test – NZ's Capital Gains Tax | Ep. 354
In this episode, we discuss the bright-line test, which is New Zealand's version of a capital gains tax. While seemingly clear cut – sell a property (other than your own home) within 5 years and you'll be taxed – there are many fishhooks.
For instance, if you show a pattern of buying and flipping your own home then you will be taxed on those transactions. If you inherit a property with a sibling but purchase your siblings half, then any gains on the extra 50% of the property are taxable if you sell within 5 years ... and then there's tainting.
We also discuss our upcoming property investment webinar, where three real investors are going to share their stories and numbers. This is happening on Tuesday 1st September at 7pm. Use the link above to register.
8/30/2020 • 11 minutes, 55 seconds
How Does The # of Bedrooms A Property Has Impact Its Capital Growth? Here's What the Data Says | Ep. 353
In this episode, we discuss whether the number of bedrooms a property has impacts its capital growth. This is based on data shared by us by Core Logic, which was recently published in JUNO investing magazine.
We reach the conclusion that for apartments it makes a difference moving from 1 bedroom to 2 bedrooms, but for other numbers of bedrooms, or other property types ... it doesn't make that much of a difference.
We also discuss our upcoming property investment webinar, where 3 real property investors are going to share their property investment stories and numbers so that we can learn from their experience. This is happening on 1`st September at 7pm, so register through the above link to attend.
8/29/2020 • 12 minutes, 9 seconds
What Property Investors Can Learn From Playing Monopoly | Ep. 352
In this episode, we discuss the board game, Monopoly and what real investors can learn from playing the game. Some real-life lessons include:
inflation – buy up big early in the game because you know the value of properties will go up over time as they become more valuable
managing cash – not developing your properties too much too soon, in case you can't meet an unexpected expense, and
negotiation – people are much more willing to negotiate when they are in straightened circumstances.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/28/2020 • 13 minutes, 31 seconds
What Andrew Is Buying Right Now ... 3 Real Properties Andrew Is Investing In ... Without Even Looking At Them | Ep. 351
In this episode, we discuss 3 real properties that Andrew is currently investing in the Auckland market. Andrew shares his rationale for these investments and his process for finding and procuring them.
In addition to this, he walks us through why he is investing in these properties BEFORE even going to look at them.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/27/2020 • 12 minutes, 26 seconds
How Major City Developments Present Opportunities For Property Investors with Special Guest: Councillor James Gough | Ep. 350
In this episode, we are joined by Councillor James Gough, who is a councillor for Christchurch City Council. Here we talk about major projects happening within the city and how it is expected to impact rental and housing demand there.
We also discuss the developer contribution scheme that Christchurch City Council currently has in play, how it works and the impact for housing in the city.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/26/2020 • 12 minutes, 19 seconds
'Council Spin' v.s. 'Council Win' ... how your local council can impact rents and property values with Special Guest: Councillor James Gough | Ep. 349
In this episode, we are joined by Councillor James Gough, who is a councillor for Christchurch City Council. Here we talk about some Christchurch specific projects that are currently in play.
We discuss how to tell the difference between Council spin and Council projects that will be a 'win' for you as a property investor. We also get an update on Project 8011, CCC's main residential response as part of the Central City Action Plan.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/25/2020 • 13 minutes, 42 seconds
Why You Need to Be Clear About What Your Investment Strategy Is ... And What It Isn't | Ep. 348
In this episode, we discuss several strategies that have recently surfaced from investors from New Zealanders both overseas and in the mainland.
Here, Andrew and Ed discuss why you need to be clear about what your strategy is and what it isn't, specifically in the context of a couple of different scenarios.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/24/2020 • 12 minutes, 47 seconds
Blacklisted – Don't Lie to the Bank ... Or This Could Happen | Ep. 347
In this episode, we discuss what happens if you lie to the bank and how to talk to the bank when they ask you what extra lending is for.
When you apply for lending from your bank so that you can use it as the deposit for a mortgage from another, both banks will assess all the lending you plan to take out. And you need to pass BOTH bank's servicing tests.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/23/2020 • 9 minutes, 59 seconds
Case Study: Should I Buy a House When I Have to Move For Work Temporarily? What Should I Think About? | Ep. 346
In this episode, we discuss a listener question about whether you should buy a house when you have to move away temporarily for work ... along with what you need to think about.
We particularly dig into the difference between interest-only and principal and interest mortgage payments and how these are treated by the IRD. We also dig into some of the personal considerations these investors may want to think through.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/22/2020 • 12 minutes, 31 seconds
For the Nerds: How Property Indexes Are Calculated, How to Read Them, and Why They Matter | Ep. 345
In this episode, we discuss the Real Estate Insitute of New Zealand house price index, along with why it's important, how it's calculated and how to read it.
We also compare the index to changes in the median house price, so you can see how the two metrics tend to work.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/21/2020 • 11 minutes, 16 seconds
Data Day: REINZ Shows The NZ Median House Price Just Hit $660,000! Here's What it Means For Property Investors | Ep. 344
In this episode, we discuss the Real Estate Institute of New Zealand's latest report, which gives data about how the property market operated during July 2020.
The New Zealand median house price is up $85,000 on the same month last year, and volumes are up 25%, showing pent up demand still alive and well. We also dig into the REINZ Tony Alexander Real Estate Agent survey, which indicates how the property market is operating on the ground.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/20/2020 • 13 minutes, 57 seconds
7 Ways to Stay Motivated Towards Your Property Investment Goals | Ep. 343
In this episode, we discuss 7 ways that you can stay motivated towards your property investment goals.
These include: filling your social media feed with property investment-related content, putting your goals in visible places, project managing your goals by breaking them down into quarterly, weekly and daily tasks, as well as celebrating your successes.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/19/2020 • 9 minutes, 50 seconds
How Will Auckland's Covid-19 Lockdown Impact the Auckland Property Market? | Ep. 342
In this episode, we discuss the Auckland property market and how the Covid-19 induced shutdown has the potential to impact that property prices there.
Our read of the situation is that there will be small to no impact on Auckland property prices ... but that we will see volumes hit severely in next month's figures.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/18/2020 • 10 minutes, 6 seconds
4 Major Government Announcements That Have All Happened This Week And All Impact the Property Market | Ep. 341
In this episode, we discuss the 4 major government announcements that have been released over the last week ... all of which impact the New Zealand property market.
These announcements are: a) the extension of the Wage Subsidy scheme to provide an additional 2 weeks worth of stimulus to businesses across the country; b) the announcement of the new election date; c) the extension of the mortgage deferral scheme; and d) the expansion of the Large Scale Asset Purchasing Programme, implemented through the RBNZ.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/17/2020 • 11 minutes, 8 seconds
Bad Developers Get Bailed Out By the Government – It's Kiwibuild V2 | Ep. 340
In this episode, we discuss the latest version of Kiwibuild, with the government promising to give funding to developers who aren't able to make the required number of presales to get bank funding.
Here, the government will guarantee the required level of funding for the developer to start their project, with some restrictions about who the developer can sell units too.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/16/2020 • 8 minutes, 13 seconds
New: Residential Tenancy Act Passed. Investors Impacted in 6 Months Time | Ep. 339
In this episode, we discuss the new residential tenancies act, which has officially passed and will be implemented in 6 months from now.
Here, we talk through some of the speeches given during the second reading of the act, which indicates different party policies and approaches relating to the act.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/15/2020 • 11 minutes, 26 seconds
Case Study: What Can Go Wrong With a Cross Lease ... And Why You Want to Convert Before You Need To | Ep. 338
In this episode, we are again joined by Amber Arkell from Survus Landsurveyors and Good Title to talk about what can go wrong within a cross lease.
Amber specifically touches on the fact that a cross lease conversion can take up to 8 months to complete, which is why you need to conduct a conversion before you actually need to. If you wait, it'll be too late≥
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/14/2020 • 11 minutes, 35 seconds
Cross Leases – The "Poor-Mans Subdivision" – Everything Property Investors Need to Know | Ep. 337
In this episode, we are joined by Amber Arkell from Survus Landsurveyors and Good Title to talk about the fundamentals of cross leases and what investors need to know about them.
Of particular interest, Amber references the Opportunity Knocks report, an article written by Dr. Michael Rehm showing the value discount on Cross Lease and Unit Title properties. This shows that for Auckland based cross lease properties, they are 7-18% cheaper than they would be had they been freehold.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/13/2020 • 14 minutes
Listener Question – "What Would You Do Differently If Starting Again From Scratch On An Average Income?" | Ep. 336
In this episode, we answer a question coming from a listener of the show about what Andrew would do differently if he was starting out from scratch again on a modest income.
The main takeaway is that if you don't have equity, i.e. a deposit, that you've got to get one ... and you've got to build equity quickly. That would likely come from renovations and attempting to recycle their deposit as much as possible.
However, that would change if he already had equity and commitments. If you've already done the hard yards by paying down a mortgage then he'd focus on newer properties and building a portfolio that way.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/12/2020 • 11 minutes, 24 seconds
Tenancy Tribunal Case Study – The Good. The Bad. The Ugly | Ep. 335
In this episode, we discuss a recent case from the Tenancy Tribunal, which showed why it paid for one investor to specify the number of tenants on their lease.
We also walk through how this tribunal case exemplifies some of the principles we often talk about on the show.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/11/2020 • 12 minutes, 24 seconds
Banks Often Wrong – Ex-Banker Says – The RBNZ Credit Conditions Survey | Ep. 334
In this episode, we discuss the most recent RBNZ Credit Conditions Survey which asks the banks qualitative questions about how they expect the market to perform over the next 6 months and how the market actually performed over the previous 6 months.
We also go through the data to see how the banks performed when forecasting how they expect the market to perform and how it actually performed.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/10/2020 • 11 minutes, 25 seconds
Why the Newspapers Are Wrong When Talking About How Quickly House Prices Have Increased | Ep. 333
In this episode, we discuss the difference between increases in the median value of a suburbs house price and the median capital growth achieved by investors.
This is a small but important difference when you are making a decision about investing because when using headline figures you can't tell whether value increases have been achieved by new properties being developed or genuine underlying changes in the market.
At the same time, it is important not to discount all data shown using the first method, because some data will also guide you better than none.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/9/2020 • 9 minutes, 59 seconds
Renting Your Property to Housing – What Investors Need to Know | Ep. 332
In this episode, we discuss what investors need to know about renting their properties to Housing New Zealand. There are both benefits and drawbacks to having Housing NZ as your tenant.
Typically Housing NZ will look to rent properties that are brand new and high density in lower socio-economic areas. The benefit to the landlord is that the rent is guaranteed by the government agency for up to 10 years with opportunities for right of renewal.
However, the rent reviews are poor, which means the rent you receive overtime will not increase at the same rate as the market. that means if your costs increase from interest rates, you don't have the ability to pass that cost on to your tenant.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/8/2020 • 9 minutes, 38 seconds
The 3 Types of Commercial Property Rents – And Commercial Property Fundamentals | Ep. 331
In this episode, we discuss the fundamentals of investing in commercial property with Jonnie Lyttle from Citadel.
Here, Jonnie shares the three types of commercial property rents, along with the fundamental lessons Jonnie has learnt while investing in commercial property.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/7/2020 • 13 minutes, 11 seconds
Knock Shops + $10 mil Commercial Buildings – One Commercial Property Investor's Move From Agent To Investor | Ep. 330
In this episode, we are joined by Jonnie Lyttle from Citadel, who is a commercial property investor and a former commercial real estate agent.
Hear, Jonnie shares his story of how he bought his first commercial building within one year of joining the industry, along with the trials and tribulations that it brought with it.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/6/2020 • 9 minutes, 53 seconds
New Data Reveals The Real Way Kiwis Set Realistic Property Investment Goals | Ep. 329
In this episode, we discuss new data we've collated that shows how Kiwis set realistic property investment goals based on people who have actually been through the Opes process.
This is a recap of the property investment webinar held on Tuesday evening (find the recording here). You can also find the visualisations discussed so you can find real people like you and see their property goals here.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/5/2020 • 11 minutes, 27 seconds
Major News: ANZ Announces Lower Servicing Test Rates ... Investors Can Borrow More | Ep. 328
In this episode, we discuss ANZ's latest announcement that they will decrease the servicing test rate from 6.65% to 5.8%. This means that investors can in some instances borrow up to 13%+ more than previously.
This is a major competitive move, and we can expect that other banks will follow now that ANZ uses the lowest servicing test rate in the market.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/4/2020 • 9 minutes, 53 seconds
Negative Interest Rates ... Will NZ See Them? And What Do They Mean For Investors? | Ep. 327
In this episode, we discuss negative interest rates and the potential for New Zealand's OCR to go negative. We cover the fact that a negative OCR does not mean negative retail interest rates ... the bank isn't going to start paying you to take out a mortgage.
We also discuss the OCR and the role it actually plays in New Zealand's financial system ... before giving an example of what this looks like in Switzerland.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/3/2020 • 9 minutes, 55 seconds
Should I Invest in Hotel Rooms? An Honest Analysis of the Good and Bad | Ep. 326
In this episode, we talk about the good and the bad of investing in individual hotel rooms. This episode comes from recent articles in the media regarding the Sofitel hotel in Auckland's viaduct.
The hotel management company has gone into receivership and room owners are left without rent or income, while still facing mortgage expenses if they have lending secured against them.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/2/2020 • 13 minutes, 51 seconds
Shares vs. Property for Capital Gain: An Honest Analysis of When Property > Shares – and When Shares > Property | Ep. 325
In this episode, we discuss how long it takes for shares to catch up with leveraged property from a capital growth perspective.
The key benefit of leveraged property is that you can invest with more money than you actually have sitting on your personal balance sheet. That means in the medium term you can get better gains than in an equivalent asset class e.g. shares even if they appreciate at a higher rate.
But, eventually, an asset like shares will catch up. In this analysis that's 31 years after you start investing.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
8/1/2020 • 8 minutes, 53 seconds
Book Review: Sir Bob Jones – 'Jones on Property' ... The 1980's Classic | Ep. 324
In this episode, we discuss the 1980's classic: Jones on Property, written by Sir Bob Jones. Sir Bob is New Zealand's most prolific commercial property investor and a true hard case character.
In short, the book is an entertaining masterpiece, which shows how little has changed in property, politics and New Zealand over the last 40 years.
We share our top 7 takeaways, as well as a review of who the book is and isn't right for.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
7/31/2020 • 13 minutes, 21 seconds
The Cost to 'Trade-up' Properties Across Different Cities and Property Types | Ep. 323
In this episode, we discuss new data received from Core Logic about the cost of different properties across the four major centres based on the number of bedrooms these have.
This allows us to determine the costs of 'trading up' a property to get an additional bedroom. In particular, we investigate how that cost to tradup has changed over time and what we can read int capital growth figures by the number of bedrooms a property has.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
7/30/2020 • 11 minutes, 43 seconds
How Tiwai Point Will Impact Invercargill's Property Market ... and Which Towns Could Be Next | Ep. 322
In this episode, we discuss the impending closure of Tiwait Point, the aluminium smelter based in Invercargill. The closure of the smelter could see as many as 2,600 jobs go in the Southland economy.
Based on the stats we're looking at, this could mean some Southlander's choosing to leave the region in search of work elsewhere.
We also go through other small towns which we recommend staying away from due to the economic risk of having the economy too concentrated on one industry.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
7/29/2020 • 12 minutes, 43 seconds
How to Build a Passive Income: Shares v.s. Property v.s. Term Depsoits | Ep. 321
In this episode, we discuss your different options for building a passive income. These include shares, property and term deposits.
We talk through how shares can earn you a higher net yield ... however the price you pay for the additional yield is the uncertainty of income from year to year.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
7/28/2020 • 11 minutes, 41 seconds
Revealed: How Andrew Negotiated To Get A Great Deal On His Latest Property | Ep. 320
In this episode, we discuss how Andrew negotiated to get a great deal off his latest purchase.
This included techniques like: attached a cheque for the deposit to the offer, making it clear how unfavourable the purchaser views the market to be, asking a friend to provide a low-ball offer, making a clean offer and asking for price reductions during due diligence.
We then discuss tactics that you can use at auctions and tenders to get a better price.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
7/27/2020 • 15 minutes, 6 seconds
New Data: REINZ Property Market Update + What the House Price Index Is and What It Means | Ep. 319
In this episode, we discuss the latest property market stats for the month of June, as well as discuss what the REINZ House Price Index is, what it means and how it is calculated.
The difference between the median house price and the HPI is that the median house price is subject to fluctuation in the make up of what actually sold in any given month, whereas the HPI adjusts for what sort of properties sold from month to month. That means that HPI is a more nuanced metric which acts as a barometer for the overall property market.
We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.
7/26/2020 • 10 minutes, 44 seconds
5 Steps to Successfully Invest Outside the City You Live In ... + Who It Is and Isn't Right For | Ep. 318
In this episode, we discuss the 5 steps you should take if you want to invest outside the city that you live in. In addition to this, we also discuss who that is and isn't the right fit for.
The 5 Steps are:
Run data to find the right region or city
Use yield and historic capital growth data to locate a suburb
Find and Triage properties using one of the 3 methods we describe in the show
Talk to professionals who are on the ground and operating within the market
Conduct a site visit or pre-purchase inspection before you go unconditional
We also mention the article this podcast was based on: How do I Invest Outside the City I Live In? Check it out here on the Opes website.
7/25/2020 • 13 minutes, 33 seconds
How Do I Find a Good Property Accountant? And What Should I Ask Them? | Ep. 317
In this episode, we discuss how to find a good property accountant and the sort of things to ask them when you are checking them out.
In particular, some of the questions you can ask are: "Are you a property accounting specialist?" and "Tell me about your experience specifically in property." We'd also recommend "how should I structure my properties to minimise tax and protect my assets?" and "What are the benefits of using an LTC or a trust in my specific scenario?"
We also mention one of our previous webinars – What I Learnt From Owning 38 Rental Properties. We also mention Momentum Property, a specialist property accountant, which you can check out if you're exploring property accounting options.
7/24/2020 • 12 minutes, 49 seconds
What is Hydraulicing ... Why Is It Illegal ... And What Should Investor Know? | Ep. 316
In this episode, we discuss the concept of hydraulicing, which is where a vendor will sell a property at a price that is higher than what the property is actually worth based on market fundamentals.
An example of this is where a vendor would appear to sell a property at a high price, but would actually sell it to the purchaser for a much lower price. If the bank lends to the purchaser based on the higher price then it is possible for someone to purchase a property with no deposit at all. These dealings involve coordination between a valuer, a real estate agent, and in some cases even the banks.
We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.
7/23/2020 • 11 minutes, 11 seconds
What's the Difference Between a Mortgage Deposit and a Vendor Deposit? Do I Need to Pay Both? | Ep. 315
In this episode, we discuss the difference between a mortgage deposit and the deposit that is to be paid to a vendor ... and whether you need to pay both.
In short, there is no double-up of deposit. The deposit you pay to your vendor makes up the deposit you use for your mortgage. In this case they are the same but for different purposes.
We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.
7/22/2020 • 10 minutes, 39 seconds
Real Story of How To Get More Money From the Bank + Grow From 2 to 4 Rental Properties | Ep. 314
In this episode, we are joined for the last of our episodes with Manuel and Joy. These are two property investors from Lower Hutt.
Here, Joy and Manuel share the real details of their mortgages, including how they expect to pay off their mortgage in 3 years, but currently have it structured as if they're going to pay it off in 27 years. They share why this is the case and how they have used a revolving credit to pay off their mortgage more quickly and the impact this has on their serviceability in the bank's eyes.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/21/2020 • 10 minutes, 53 seconds
Case Study: How 2 Investors Are Changing the Way They Think About Property As They Grow Their Portfolio | Ep. 313
In this episode, we are once again joined by Joy and Manuel, 2 real property investors who are growing their own buy-and-hold portfolio.
Here, the pair talk to us about how they are changing the ways that they think about property investment as they learn more, both through their own research and by doing the business of property investment.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/20/2020 • 13 minutes, 29 seconds
How 2 Investors Went From 0 to 4 Investment Properties in Less Than 3 Years | Ep. 312
In this episode, we discuss how two real Kiwi investors went from 0 to 4 investment properties in less than three years. The special guests for this episode are Joy and Manuel from Upper Hutt.
The pair share the lessons learnt along the way and the hurdles they've had to overcome in order to build this portfolio ... as well as where they plan to take it within the next 5 years.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/19/2020 • 14 minutes, 7 seconds
Update: The Good and Bad of the Residential Tenancies Act ... Changes Are a-Coming | Ep. 311
In this episode, we discuss the changes to the Residential Tenancies Act, which have just passed the Select Committee stage. This podcast is based on the report that has just been released by that select committee.
On the positive side, some technical concessions have been made for landlords, such as the definition of what constitutes a large landlord have been tightened.
On the other, the anti-social terminations clauses have been tightened making it even harder for landlords to evict poor-quality tenants.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/18/2020 • 14 minutes, 18 seconds
The Surprising Factor That's Keeping NZ AirBnbs Full | Ep. 310
In this episode, we discuss how a combination of Air New Zealand's credits and the government's quarantining of international arrivals in hotels is having a positive impact on Airbnbs.
Air NZ's cancellation of overseas travel has given many New Zealanders flight credits which need to be used within two years. It's unlikely that the borders will open in time for New Zealanders to use these credits on international travel, so instead, they are using them domestically.
In addition to this, Kiwis are struggling to get into popular hotels because the government has requisitioned them for quarantining. This means that for some New Zealanders, Airbnbs are the better and sometimes only option.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/17/2020 • 10 minutes, 33 seconds
The Mistakes Investors Make During Due Diligence | Ep. 309
In this episode, we are joined by Aimee Cloughley, who is a Client Relationship Manager at Opes. She specifically deals with handling the construction of investment properties and managing the due diligence process.
Here, Aimee walks us through the major issues faced by investors while they are conducting due diligence on an investment property.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/16/2020 • 11 minutes, 10 seconds
What Can Go Wrong During the Construction of an Investment Property | Ep. 308
In this episode, we are joined by Aimee Claughley, who is a Client Relationship Manager at Opes. She specifically deals with handling the construction of investment properties and managing the due diligence process.
Here, Aimee walks us through the major issues faced by investors during construction and how to get around them.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/15/2020 • 10 minutes, 48 seconds
Are New Properties More Expensive Than Already Built Properties? | Ep. 307
In this episode, we discuss whether are properties are more expensive than existing properties. We also discuss the differences in LVR restrictions that have meant that existing properties require a lower deposit, compared to what they required under the RBNZ's LVR restrictions.
In particular, we walk through a case study where we compared the price of a new property on Ruskin St in Addington Christchurch with an equivalent existing property that had been built 11 years earlier.
We also mention the article, which this podcast is based on which is an analysis of new vs existing properties. You can find this article by clicking the link above.
7/14/2020 • 11 minutes, 24 seconds
Is Investing in New Properties Right For Me? | Ep. 306
In this episode, we discuss whether investing in brand new, off the plans properties is right for you. The important truth is that investing in new properties is right for some people .... but not for others.
Here, we discuss that new properties are right for people who want a hands-off investment ... but are not right for people who want a hands-on or active investment that is focussed on renovations.
We also mention the article, which this podcast is based on which is an analysis of new vs existing properties. You can find this article by clicking the link above.
7/13/2020 • 11 minutes, 18 seconds
5 Questions to Ask Your Mortgage Broker When Refixing Your Rate | Ep. 305
In this episode, we discuss the top 5 questions you should ask your mortgage broker when you are refining your interest rates. This comes from a recent conversation we had with a listener of the show who had 4 investment mortgages. These were all previously on interest-only, but on roll-over were switched to principal and interest.
We walk through what you should ask your mortgage broker to ensure that you are getting good advice, and how to appropriately push them to make sure yu get what you needed as an investor.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/12/2020 • 10 minutes, 34 seconds
How Interest Only Loans Can Save You $17k+ in Tax Over the Long Term | Ep. 304
In this episode, we discuss the tax argument for interest-only loans, and show how using an interest-only loan (in one case study) could save an investor over $17k in tax over the long term.
This is in the instance where the investor has a $300k personal mortgage to pay down and can choose whether to direct the cashflow from their property towards their personal mortgage, or against their investment mortgage.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/11/2020 • 12 minutes, 41 seconds
How 1 Tenant Had to Pay $29,600 To Their Landlord For Meth Contamination | Ep. 303
In this episode, we discuss a recent Tenancy Tribunal case where a tenant had to pay their landlord $29,600 for meth decontamination. This was made up of $18k in cleaning costs and another $11k in other related costs.
We walk through what happened during the case and what you can learn as a landlord about the need for meth testing in the future.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/10/2020 • 13 minutes
The History of House Prices Increases ... That Time House Prices Doubled in 4 Years | Ep. 302
In this episode, we discuss the history of house prices, including how quickly house prices have doubled in the past. This includes highlighting the period between 1980 and 1984 where house prices doubled in just 4 years.
This was part of a debate Andrew and Ed held last week as part of a discussion into whether house prices will continue to increase into the future.
We also mention the webinar that this discussion comes from. If you'd like to watch the whole debate and webinar, you can find it here.
7/9/2020 • 9 minutes, 41 seconds
What to Look For When Searching For Investment Properties – An Investor Case Study | Ep. 301
In this episode, we are joined by Tim Weston, a property investor and property partner at Opes. Here, we discuss what Tim looks for when purchasing investment properties.
In particular, we take a deep dive into the level of detail Tim went through when considering a particular investment in Central Christchurch. Tim recognised that the body corporate fees were higher than he would usually be comfortable with and so made interrogations as to why the body corporate fees were so high.
It is an interesting case study of the level of detail some investors will go to in order to satisfy themselves that they are making a good investment.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/8/2020 • 12 minutes, 55 seconds
How One Investor Bought 6 Properties Over 4 Years – An Investor Case Study | Ep. 300
In this episode, we are once again joined by Tim Weston, who is a property investor and property partner at Opes. Here, Tim walks through how he has bought several new properties in a very short period, all focussed in and around Christchurch Central.
Tim also walks us through where he got the initial equity to build this property portfolio and how his property investment strategy has changed over time.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
If you'd like to hear Tim's first-ever appearance on the Property Academy Podcast, click the link to listen.
7/7/2020 • 13 minutes, 30 seconds
How Tim Weston Made $175k during a Lockdown Renovation | Ep. 299
In this episode, we discuss how Tim Weston bought 3 units just before lockdown, renovated them and had them on the market only shortly after the country hit Level 2.
Tim walks us through how he came to learn about these properties, how he negotiated for these properties and how he renovated them, including all the numbers.
We also mention our free property investment email course. The No Money Worries email course contains our top 9 property investment lessons for free, to help you become a successful property investor.
7/6/2020 • 12 minutes, 38 seconds
An Honest Review of Freedom Built Homes – A Developer in Canterbury | Ep. 298
In this episode, we provide an honest review of Freedom Built homes, which is a property developer based in Canterbury.
We detail how Freedom Built position themselves as a higher-spec alternative to Stonewood Homes and other developers in the Lincoln and Rolleston markets, however, noting that that additional cost may not translate into additional rent.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/5/2020 • 12 minutes, 40 seconds
The Costs Most Investors Miss When Buying Property | Ep. 297
In this episode, we discuss the costs that are most often missed when first-time investors purchase a property.
These are the start-up costs, such as lawyers fees, builders inspections, meth testing, values and importantly a rates apportionment.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/4/2020 • 13 minutes, 20 seconds
An Introduction to Commercial Property Investment – Along With Current Market Trends | Ep. 296
In this episode, we discuss commercial property investment and how it differs from residential investment.
The primary difference is that commercial property is primarily driven by yield and an assessment about the quality of the tenant as opposed to the quality of the property. This distinction is primarily caused by the fact that while the residential market is primarily made up of owner-occupiers (about 76% – only 24% are investors) the entire commercial market is made up of investors .... very few businesses own their own commercial premises.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/3/2020 • 13 minutes, 50 seconds
The Dollar Cost Averaging Strategy – What Investors Need to Know | Ep. 295
In this episode, we discuss the Dollar Cost Averaging Strategy, which is a risk mitigation tactic. It involves slowly purchasing assets over time and consistently investing in the market in increments - since no one really knows when the market may take a sudden hit.
Throughout the episode, we discuss the benefits (market timing) and drawbacks of this strategy. Those drawbacks are primarily that following this strategy can mean less time in the market, which can be damaging for investors with relatively short investment time horizons.
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/2/2020 • 12 minutes, 6 seconds
Here's What Real Estate Agents Are Seeing In the Market. Right Now | Ep. 294
In this episode. we discuss how the property market is currently functioning based in the responses received from the June REINZ / Tony Alexander Real Estate Agents survey.
The key takeaways are that real estate agents are seeing more activity from investors everywhere except the Tasman region. There is a lot of activity happening at the lower end of the market, spurred by first home buyers and investors hunting for bargains. Some investors have unrealistic expectations of price declines, hunting for bargains that aren't materialising, while others are getting in for Fear of Missing Out (FOMO).
We also mention our No Money Worries email course, which collates our top 9 property investment lessons for you.
7/1/2020 • 12 minutes, 20 seconds
Borrow Too Much From One Bank And You'll Become A Commercial Customer ... Here's Why You Don't Want That to Happen | Ep. 293
In this episode, we discuss what it means to become a commercial customer to the bank, along with the triggers of when you'll become a commercial customer.
If you have lending for 5 or more properties with one bank – or total investment loans of more than $3 million, then the bank may transfer you so that your lending is held with the commercial division of the bank. That comes with higher interest rates and lower LVRs – both bad things for residential property investors.
We discuss, what these changes mean for property investors, as well as how you can keep yourself out of the commercial side of the bank.
We finish off the episode by discussing our property investment email course, which teaches you our top 9 lessons on property investment.
6/30/2020 • 10 minutes, 43 seconds
"House Prices Won't Double Over the Next 10-15 Years" – The Great Debate | Ep. 292
In this episode, we discuss one reason why house prices might not double over the next 10-15 years. This is based on the argument that house price inflation over the last 60 years in New Zealand has primarily been driven by one-off factors, that have cumulated to keep house prices rising.
Here, we debate whether this will continue into the future and what one-off factors could happen in the future to spark further house price inflation.
This is a preview of our webinar which is happening tonight (Tuesday 30th June) at 7pm. If you are keen to attend, then click here to register for our property investment webinar. Otherwise, click here to watch the replay.
6/29/2020 • 9 minutes, 36 seconds
Should I Buy My First Home or First Investment Property? 5 Scenarios For How to Get Both More Quickly | Ep. 291
In this episode, we discuss whether you should buy your first home or first investment first, with a real worked case study from a fellow listener.
We then detail 5 different scenarios for how to buy your first home and your first investment property as quickly as possible.
We wrap up the episode, by mentioning our upcoming property investment webinar. In this webinar, we're going to carefully weight both arguments for and against house prices doubling in the next 10-15 years. It's happening this Tuesday 30th June at 7pm. Register through the link above.
6/28/2020 • 12 minutes, 55 seconds
Syndicated Investment – How to Fail And How to Do It Right | Ep. 290
In this episode, we discuss syndicated property investment, including how to fail and how to do it right. We kick off the episode by profiling 3 failed models of real investors who have suggested ways of investing together. These include having too many people in the syndicate, putting in differing levels of cash, and not actually talking to the people who plan to syndicate with before exploring property options.
We then go on to discuss how Andrew has syndicated properties in the past within his consortium.
Finally, we discuss our upcoming property investment webinar, where we will go through both sides of the – "will property prices really double in the next 15 years?" argument. This is happening on Tuesday 30th June at 7pm.
6/27/2020 • 13 minutes, 39 seconds
The Govt. Just Announced They'll Now Lend $4,000 To Tenants Who Can't Pay Their Rent | Ep. 289
In this episode, we discuss a new announcement from the Ministry of Social Development. In this announcement, the government will give up to $4,000 to tenants who are in rent arrears, who can't pay their rent and who are at risk of being evicted.
This money needs to be paid back by the tenant, which has the effect of transferring the liability from the landlord to the government. This should make landlords feel much more comfortable because they'll know that if worst came to worst there may be another option.
Not everyone will have this loan approved, however, and Work and Income New Zealand will make a judgement call about who they will and won't approve based on income and the value of assets held.
We then wrap up by mentioning our upcoming property investment webinar, where we will honestly dissect the arguments for and against ongoing house price inflation occurring in New Zealand.
6/26/2020 • 9 minutes, 59 seconds
Investor Case Study: How Julian Ellis Grew a Mid-Sized Property Portfolio Without Renovating | Ep. 288
In this episode, we are joined by Julian Ellis, a property investor and property partner at Opes based in Christchurch. In this episode, Julian shares how he grew his property portfolio to 6 properties, without renovating.
Julian shares how he bought new or near new properties and waited for capital growth to occur in order to fund the deposit for his next property. At the same time, he also saved heavily to contribute to that ability to continue to purchase a property.
We then wrap up by mentioning our upcoming property investment webinar, where we will honestly dissect the arguments for and against ongoing house price inflation occurring in New Zealand.
6/25/2020 • 11 minutes, 39 seconds
Listener Question: Is There An Alternative Strategy To Renovations? | Ep. 287
In this episode, we discuss whether there is an alternative to renovating properties as an investment strategy. This is a question Serena, a fellow listener of the podcast has asked.
We've probably shied away from talking too much about the alternatives to renovation for fear of being too self-promotional on the podcast. So, because we were asked the question, we take the time here to talk about the method of buying new or near new properties in growing cities and holding them for the long term.
We then wrap up by mentioning our upcoming property investment webinar, where we will honestly dissect the arguments for and against ongoing house price inflation occurring in New Zealand.
6/24/2020 • 10 minutes, 19 seconds
Major Announcement: Opes Buys .... (Listen to Find Out) & 3 Property Investment Case Studies | Ep. 286
In this episode, we discuss how Opes has just acquired JUNO magazine, New Zealand's only investment magazine, which is published quarterly.
We then feature an article from the 2018 property issue, which highlights 3 different property investors and how they grew their property portfolios. This includes Christchurch's Liz Harris who owns 122 properties, Tom Alexander who owns 33 properties and Sanjay and Aiswarja Raj, who own 3 properties together.
We then wrap up by mentioning our upcoming property investment webinar, where we will honestly dissect the arguments for and against ongoing house price inflation occurring in New Zealand.
6/23/2020 • 12 minutes, 55 seconds
Part 2 – Update on Hamilton, Is It The City of the Future For Property Investors? | Ep. 285
In this episode, we follow on from our previous episode which looked into whether Hamilton was a good city to invest in for long term buy and hold property investors.
We specifically detail some of the main points that Jen Baird, the General Manager for City Growth at Hamilton City Council mentioned she was most excited about ina recent phone conversation. This included the Hamilton-Waikato Metro Spatial Plan and some of the strategic agreements Hamilton City Council has made with neighbouring councils to acquire land and expand the city.
Finally, we mention our upcoming property investment webinar, where we will discuss whether house prices will really double over the next 10-15 years.
6/22/2020 • 11 minutes, 8 seconds
Update on Hamilton – Is It the City of the Future For Property Investors? | Ep. 284
In this episode, we discuss some of the long term terms that make Hamilton an attractive city to invest in for buy and hold investors.
In particular, we cover trends that are attracting more businesses to Hamilton, along with infrastructure projects that are creating jobs and more opportunities for the region.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/21/2020 • 13 minutes, 6 seconds
New Data: Here's How Many Airbnbs Have Really Come Off the Market Since Lockdown | Ep. 283
In this episode, we discuss new data that we have collected to show how many current active whole-home Airbnbs are available in each district of New Zealand.
All up, we are seeing that Airbnbs are having very little impact on the rental market. Nation-wide about 12% of whole-home short term rentals have been taken off the market, and in the worst case, have only added a maximum of 3.25% supply to district-wide rental markets.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/20/2020 • 11 minutes, 39 seconds
Building Consents Soon Will No Longer Be Needed For Low Risk Work ... What Investor Need to Know | Ep. 282
In this episode, we discuss proposed changes to New Zealand's Building Act, which will mean that low-risk works will no longer require council consent.
This will save investors on average $2,000 per project, while also saving time. That means that councils can spend more time assessing and pushing through higher risk consents. These changes are likely to be passed in late August, which will also cut red-tape for pre-fabricated homes.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/19/2020 • 8 minutes, 24 seconds
Auckland v.s Wellington v.s Christchurch Apartments ... Which Will Rise and Which Will Fall? | Ep. 281
In this episode, we discuss and compare the apartment markets in Auckland, Christchurch and Wellington, to determine which have the greatest potential to rise and which have the greatest potential to fall.
Our conclusion is that the Christchurch and Wellington apartment markets are more likely to hold value compared to the Auckland apartment market. This is because apartments in these cities are more likely to be owner by owner-occupiers, have less reliance on international tourism and the international student market, and because of (in Wellington's case) a reliance on government employers, which are less likely to call for redundancies.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/18/2020 • 11 minutes, 54 seconds
Case Study: Real Investor Buys 5 Properties In 18 Months Starting With $30k Deposit ... Here's How He Did It | Ep. 280
In this episode, we discuss a recent story from the Property Investor Magazine, featuring New Zealand property investor, Michael Burge.
Michael started with just a $30k deposit and turned that into 5 properties within 18 months. he made sacrifices, choices and eventually a decent property portfolio. Here's how he did it, along with what you would need to do to replicate his success.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/17/2020 • 11 minutes, 45 seconds
Median NZ House Price Falls $60,000! ... But Here's Why You Shouldn't Be Concerned ... At All | Ep. 279
In this episode, we discuss the latest market figures from the Real Estate Institute of New Zealand for the month of May.
We walk through how New Zealand's median house price fell by $60,000 (over 8%) month on month, but why you shouldn't feel worried at all about that, along with all the other stats you need to be aware of.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/16/2020 • 11 minutes, 24 seconds
"Some Rents Cut By 50%" ... A Real Update on the Queenstown Rental Market ... All Is Not What It Appears | Ep. 278
In this episode, we discuss how the Queenstown rental market is operating after the Covid-19 induced shutdown.
Although multiple stories are hitting the papers claiming some rents in Queenstown have been cut by up to 50% – all may not be what it appears. We walk through the headline stats as well as some of the on-the-ground experience from investors we work with, in particular, Hayley Stevenson from HouseMart.
If you'd like to get in touch with Hayley, email [email protected] and we are happy to facilitate an introduction.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/15/2020 • 10 minutes, 49 seconds
How Banks Calculate Uncommitted Monthly Income (UMI) And How it Impacts Your Borrowing | Ep. 277
In this episode, we discuss how banks calculate Uncommitted / Unencumbered Monthly Income and how that number impacts your maximum ability to borrow for your next investment.
During the show, we mentioned our new Mortgage Serviceability Calculator, which you can use to calculate your maximum borrowing based on the rental yield of a property, the test interest rate and your UMI.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/14/2020 • 10 minutes, 38 seconds
Confrontation, Arguments, Disputes and Dealing With Grumpy People In Property Investment | Ep. 276
In this episode, we discuss how to deal with confrontation within property investment and hear some of Andrew's personal stories where he has had to deal with disputes in property investment.
Disputes can often arise in property because there is so much at stake, both because we personally live in houses, apartments and units (so they're close to our hearts) and because they are worth a lot of money.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/13/2020 • 12 minutes, 54 seconds
What's The Value of Adding An Extra Bedroom to a Rental Property – Here's What the Numbers Say | EP. 275
In this episode, we discuss what the value of adding an extra bedroom to an existing property is and how that changes based on the region of New Zealand you live in.
This includes the holes in the data that you should consider to make sure that you have realistic expectations about the gain you can expect from your investment in property.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/12/2020 • 11 minutes, 44 seconds
Should You Buy a Timeshare? The Answer Won't Surprise You | Ep. 274
In this episode, we discuss whether you should buy a timeshare and whether it counts as an investment property or not. The answer should not surprise you. It's no.
In a timeshare, generally, the only person getting rich is the person selling the property. That's because by the time the purchase price is spread across 50 different people, the purchase price of the property may be twice its market value. Timeshares are very hard to sell as there isn't any robust secondary market, which means there is little capital gain to be had.
And during the time you are able to use the property, you generally do not have the ability to rent it. That means no cashflow.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/11/2020 • 10 minutes, 32 seconds
"What Do I Do In-between Buying Properties?" | Ep. 273
In this episode, we discuss what you should do in-between purchasing properties and adding them to their property portfolio.
The key steps you can take are: paying down debt; monitoring your rental properties and generally living life – if you're looking for a passive investment.
We also mention our No Money Worries – property investment email course. This 9-lesson course will teach some of the basics about property investment, including our top tips that aren't available elsewhere on our website.
6/10/2020 • 7 minutes, 42 seconds
How to Set Realistic Property Investment Goals – The Kindest Truth Is Sometimes the Hardest | Ep. 272
In this episode, we discuss how to set realistic property investment goals. This includes walking through a few unrealistic goals, both for long term investment and for trading.
Then we walk through a couple of realistic goals, such as replacing your income, which you could likely achieve through property investment.
We finish up by talking about our free property investment email course, which you can use to learn our top 9 lessons in property investment.
6/9/2020 • 14 minutes, 40 seconds
Fundamental Concept: Contemporaneous Settlements – How to Buy Properties Without Paying For Them | Ep. 271
In this episode, we discuss contemporaneous settlements and how you can use someone else's money in order to make more money in property.
A contemporaneous settlement is where you are able to buy a property and then sell it on the same day ... and what we mean by that is you have two settlements occur – you settle on the first property with you as the purchaser, and then you settle on the property again as the vendor – all on the same day.
This is an advanced property investment strategy, that can be very useful in very specific situations. There are also a few fishhooks to keep your eye out for.
We also mention the No Money Worries Email Course, where you can get our top 9 lessons on property investment, absolutely free.
6/8/2020 • 11 minutes, 50 seconds
Inside Core Logic's Evaluer Algorithm and What Investors Need to Know | Ep. 270
In this episode, we discuss Core Logic's evaluer, which provides an electronic valuation of every property in New Zealand.
That valuation is based on an algorithm which looks at the actual sale prices of recently-sold properties that have similar attributes (bedrooms, bathrooms, land size, property size, location and any other attributes that come within Council-sourced data).
Within the show, we discuss some of the intricacies in how this is calculated and how it changes based on the type of property being valued.
We also mention our podcast survey, where we are seeking your help to make this show even better. Click this link to take the survey, and once you're done we'll send you your very own Property Academy Podcast mug.
6/7/2020 • 9 minutes, 49 seconds
Important Update: BNZ Changes Lending Policy Again! And Other Bank Updates | Ep. 269
In this episode, we discuss a few important updates that have recently been announced by BNZ and ASB sound their lending policies.
Banks are rapidly changing their lending criteria in the fall out following the Covid-19 induced lockdown, which is why it's important to start on top of the property investment market.
We also mention our podcast survey, where we are seeking your help to make this show even better. Click this link to take the survey, and once you're done we'll send you your very own Property Academy Podcast mug.
6/6/2020 • 10 minutes, 45 seconds
Be Careful: A Cautionary Tale About Airbnb and Why You Can't Always Believe What You Read | Ep. 268
In this episode, we discuss why you can't always believe what you read in a developer's marketing materials, with a special focus on a recent article featured in The Press. This article profiled a particular Christchurch developer who had suggested that a property they were developing could be used for Airbnb, despite the fact that purchasers would need resource consent for that to be legal.
The developer in question had inserted a disclaimer that suggested that enforcement action from Christchurch City Council would not be forthcoming. The council has taken exception and stated that they will be enforcing their current bylaws and that the disclaimer should be removed from the developers marketing materials.
Finally, we wrap up by asking if you would please take our Podcast Survey. Our goal is to create the best podcast in the world that teaches real Kiwis how to invest in New Zealand property. You can really help us do this by taking two minutes to answer these 7 questions.
6/5/2020 • 9 minutes, 28 seconds
Listener Question: What Does Going "Unconditional" Mean, And How Does It Fit Into the Property Buying Process? | Ep. 267
In this episode, we discuss what going unconditional means. This is a question received from George who is based in Queenstown.
We explain that there are four steps involved in purchasing a property:
1. Put a property under contract. This gives you the right to purchase the property at a specific price, subject to you feeling comfortable that you should buy the property
2. Do due diligence to work through the clauses you need to satisfy yourself of in order to purchase the property
3. Go "Unconditional" where you confirm that you will purchase the property and there are no further conditions. This is when you are locked in and you have to purchase the property.
4. Settle the property and pay the balance of the purchase price through your lawyer
We wrap up by asking you to please complete our podcast survey, Once you fill out the survey we'll send you your very own branded Property Academy Podcast mug.
6/4/2020 • 9 minutes, 36 seconds
Will House Prices Really Double in the Next 10-15 Years? | Ep. 266
In this episode, we discuss a questioner that has recently been submitted by another Property Academy Podcast listener, this time from Hamilton. They query whether property prices will really double over the next 10-15 years.
Although we don't have a crystal ball, we walk through 5 reasons why we think there is reason to have confidence that house prices will appreciate and we walk through why you can't use a standard house price to income ratio as an indicator that house prices have a limit to how much they can increase relative to incomes.
Finally, we mention our podcast survey. This survey is going to help us create the best podcast in the world about investing in New Zealand property. You can help us get there by filling out the survey .... and in return we will send you your very own branded Property Academy Podcast mug.
6/3/2020 • 13 minutes, 48 seconds
How to Make Yourself Look Really, Really Good to a Banker | Ep. 265
In this episode, we answer a listener question, which was: how do you make yourself look better in the bank's eyes when applying for credit.
We specifically go through how to correct poor account conduct and how to protect your credit history so that you are more likely to get the lending you need when attempting to purchase an investment property.
If you'd like to check your credit history, you can do so for free through Equifax here.
Please also take a moment to take our podcast survey. Our goal is to make the best podcast in the world about investing in New Zealand property. And a big way you can help us do that is by answering these 7 questions. Bonus: once you answer all 7 questions we'll send you your very own branded Property Academy Podcast mug. In this episode, we answer a listener question, which was: how do you make yourself look better in the bank's eyes when applying for credit.
6/2/2020 • 14 minutes, 47 seconds
How to Create Instant Equity When Purchasing Properties Off Developers| Ep. 264
In this episode, we discuss a question posed by one of the listeners of the show: how do you create instant equity when purchasing an investment property off a developer.
We discuss that you either need to: 1) get a discount from the developer by buying a property through a bulk buying scheme, or 2) buy the property below its registered valuation, or 3) Purchase a property off the plans so that some capital growth will have occurred in the market before you settle the property.
We want to know what you think of the show. We are currently running a Podcast Survey to find out what you think about the Property Academy Podcast. To say thank you, once you complete the survey we will send you your very own Property Academy Podcast mug.
6/1/2020 • 10 minutes, 4 seconds
Listener Question: The Pros and Cons of Student Rentals in Property Investment | Ep. 263
In this episode, we discuss the pros and cons of owning student rentals. This is a question that's come in from a fellow listener of the podcast.
Throughout the show we share the three different types of student rentals:
Standard student flats, which tend to be higher-yielding, but much higher maintenance
Purpose-built room by room rentals, which are higher-yielding, but get lower capital growth since they are an investor specific product
Student apartments (standard apartments) which tend to be between the two of them
We also mention that there is now a new form where you can recommend a podcast topic for us to talk about. If you'd like to suggest a show topic, use the form on this page.
Finally, we also discuss our Podcast Survey, where you can let us know what you think about the show. Once you've filled out your survey we'll ask for your address which we will then use to send you your very own Property Academy Podcast mug.
5/31/2020 • 11 minutes, 39 seconds
Researching Investment Properties: What To Look Out For | Ep. 262
In this episode, we discuss a few things that you should look out for when conducting your own research about investment properties. This episode is based off a question one of our property partners received from a Kiwi property investor based in France.
The key takeaway is that you need to know the difference between a suburb's median sale price and the median house value.
We then talk about how you can use these interactive maps in Auckland, Christchurch, Hamilton and Wellington when investigating any suburb to invest in.
We finish up by mentioning our podcast survey. We want this podcast to be the best podcast in the world about investing in New Zealand property. You can help us achieve this goal by taking the survey, and once you do, we'll send you your very own Property Academy Podcast mug.
5/30/2020 • 10 minutes, 25 seconds
How to Pay Less Tax: How to Set Up Your Property Accounting | Ep. 261
In this episode, we discuss how to read accounting statements for investment properties and how to minimise the amount of tax that you are legally required to pay.
We then go on to discuss how you can restructure your property's debt and finances to make them relatively more profitable.
We also mention our current podcast survey. We want to make sure that this is the best show in the world about investing in New Zealand property ... we love having you on the journey and we can't wait to get your feedback. Once you've taken the survey we will send you your very own Property Academy Podcast mug.
5/29/2020 • 12 minutes, 31 seconds
What Andrew Learnt From Owning 38 Investment Properties – 3 Case Studies | Ep. 260
In this episode, we discuss 3 past property project that Andrew has worked on, along with the real financial results gained from these projects.
These three projects spread across the main property investment strategies – 2 buy, reno and holds, along with a buy new off the plans and hold.
We also mention our current podcast survey. We want to make sure that this is the best show in the world about investing in New Zealand property ... we love having you on the journey and we can't wait to get your feedback. Once you've taken the survey we will send you your very own Property Academy Podcast mug.
5/28/2020 • 14 minutes, 1 second
How Easy Is It For Overseas Kiwis to Buy Property In New Zealand? | Ep. 259
In this episode, we discuss whether it is easy or hard for New Zealanders living overseas to buy property in New Zealand.
Generally, the toughest issue is to get lending from banks in order to purchase property. Overseas investors are typically restricted to 65-70% of lending on properties, and their income is scaled back under the tests to 60-90% of usual income. That range is based on which country the borrower is located in and the risk of currency fluctuation.
We also mention our current podcast survey. We want to make sure that this is the best show in the world about investing in New Zealand property ... we love having you on the journey and we can't wait to get your feedback. Once you've taken the survey we will send you your very own Property Academy Podcast mug.
5/27/2020 • 10 minutes, 6 seconds
Interest rates Tumble to 2.65% ... Where are the Best Rates Today? | Ep. 258
In this episode, we discuss current interest rates, along with which banks currently have the best deals. Beyond, that we also talk through what this actually means for property investors over the short and medium-term within their cashflows.
As usual, we also make a few predictions about where we think the market will head.
We also mention our current podcast survey. We want to make sure that this is the best show in the world about investing in New Zealand property ... we love having you on the journey and we can't wait to get your feedback. Once you've taken the survey we will send you your very own Property Academy Podcast mug.
5/26/2020 • 12 minutes, 17 seconds
How NZ's Median House Price Can Increase, Even If House Prices Go Down Everywhere | Ep. 257
In this episode, we discuss how the NZ median house price can increase, even if house prices across the country decrease. This seeming anomaly is based on how the median house price is calculated. This measure of average does not track differences in the distribution of houses sold across the country.
If a higher proportion of Auckland houses are sold within a given month the median house price will increase, even if fundamental house prices do not increase over the same period.
This makes the median house price a poor measure of how the property market is actually performing month to month.
If you'd like your own free Property Academy Podcast mug, then please do take our podcast survey here. Once you've completed the survey, we'll be in touch to send you your free mug.
5/25/2020 • 10 minutes, 32 seconds
When You Can Sell 1 Property to Buy 2 Properties | Ep. 256
In this episode, we discuss when you can sell 1 property to buy 2 properties. Banks have internal LVRs that restrict how much they are willing to lend against certain types of properties.
Holding these asset types takes up a lot of equity in an investors portfolio, which means that in some cases an investor can sell one property in order to buy two more. These are often niche investments, such as bare land, hotel units and small apartments.
We also mention that you have the option of taking our property investor quiz. In just 7 questions, this quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property as a first time investor.
5/24/2020 • 9 minutes, 33 seconds
Update: Have AirBnbs Flooded the Market? Spoiler: Bookings Are Looking Pretty Good | Ep. 255
In this episode, we give you an update on how Airbnbs are faring under the current market conditions.
Since the last update, we gave 6 months ago, 10,000 Airbnbs have come off the market (20% of the stock). However, bookings have increased ... and are at the level where the number of bookings per Airbnb per week are on par with earlier in February.
We also mention our property investor quiz. After just 7 questions, you'll get a 'yes', 'no', or 'maybe' answer about whether you're in the position to invest in your first rental property.
5/23/2020 • 10 minutes, 58 seconds
Survey Results: How Property Valuers Are Feeling About the Market | Ep. 254
In this episode, we discuss the recent survey results that Tony Alexander has published which shows how property values are currently feeling about the New Zealand property market.
We discuss why the opinions and outlook of values matter, and how they currently view of New Zealand's main centres – Auckland, Wellington, Christchurch and Queenstown.
We also mention our property investor quiz, which after just 7 questions will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property.
5/22/2020 • 13 minutes, 16 seconds
Rent to Buy Schemes – What Investors Need to Know | Ep. 253
In this episode, we discuss Rent to Buy schemes and how they have the potential to benefit and harm both the vendor and the potential purchaser.
In a Rent to Buy property-purchasing structure, a vendor will agree to sell a purchaser a property for today's price, but the purchaser does not have to pay for the property for a number of years (e.g. 5 years). Over that time, the purchaser will pay market rent to the vendor, plus an additional amount, which counts as part of the deposit.
The benefit to the vendor is that they will usually sell the property with a margin (i.e. it won't really be the market rate on today's market). And if the purchaser decides not to settle, the vendor gets to keep the additional rent.
That can make rent to buy schemes incredibly risky for purchasers, especially lower income purchasers who would typically be targeted by these schemes.
We also mention our property investor quiz, which after answering 7 basic questions will give you a yes, no or maybe answer about whether you are in the position to invest.
5/21/2020 • 8 minutes, 49 seconds
How to Find The Most Profitable Areas to Invest In: A Webinar Recap | Ep. 252
In this episode, we discuss and recap our recent webinar: How to Find the Most Profitable Areas to Invest in. Within this webinar we looked at the distribution of yields and historic capital growth rates within suburbs located in the four main centres: Auckland, Christchurch, Hamilton and Wellington.
As part of this webinar, we also created eight new maps – 2 for each of the four main centres. These maps show the capital growth rates and yields for each suburb so you can use them to find the most profitable areas to invest in.
Map of the Auckland Property Market
Map of the Christchurch Property Market
Map of the Wellington Property Market
Map of the Hamilton Property Market
Click here to watch the full webinar replay.
5/20/2020 • 11 minutes, 44 seconds
What is Overcapitalisation? And What Do Investors Need to Know? | Ep. 251
In this episode, we discuss the concept of overcapitalisation, what it is and how you can avoid it. In simple terms, overcapitalisation is where you spend more money to renovate a property, but you get less out of the property than what you've spent.
This applies to any dollar that you've spent on a property and not seen a return on that dollar (that is anywhere, where you have spent a dollar and not seen your property increase in value by a dollar).
We also mention our property investor quiz, this is where you can answer 7 quick questions and you'll get an instant 'yes', 'no' or 'maybe' answer about whether you are in the position to invest or not just yet.
5/19/2020 • 10 minutes, 29 seconds
Real Data: Real Numbers About How Kiwis Are Planning For Retirement | Ep. 250
In this episode, we reveal real aggregated data from the retirement plans of Opes Partners clients. This gives you the chance to peer behind the curtain and get a sense of how other Kiwis are planning for retirement.
Key figures include:
The median desired retirement income is $100,000
The median age of a retirement planner (in the sample) is 41.5, with a median retirement age of 65
Given a median life expectancy of 90, that means that the average person has 23.5 years until retirement to make enough money to live for 25 years in retirement.
We also mention our upcoming property investment webinar, which is happening tonight at 7pm. If you are keen to attend, then click here. Or, click here to watch the replay (once it's live)
5/18/2020 • 11 minutes, 50 seconds
Important Update: BNZ Announces Sweeping Changes to Lending Policies Making It Harder to Get Lending | Ep. 249
In this episode, we discuss the BNZ's recently announced changes to its lending policy. These policies govern how much the retail bank is willing to lend on different property types.
Most interesting for property investors, the bank will only lend a maximum of 70% of a property's value for any investment property. This includes any properties that would have been exempt under the previous LVR rules, like new builds and the dollar for dollar exemption. This will make it more expensive and challenging for investors to purchase a property if using BNZ.
Similarly, any flatmate and boarder income is not being used to calculate a borrower's servicing ability. That means that marginal borrowers who needed additional income to pass the bank's lending tests will now struggle to meet the minimum requirements.
We wrap up the episode by discussing our upcoming property investment webinar. You can sign up to attend by clicking the link above.
5/17/2020 • 12 minutes, 52 seconds
Real Insight: Here's How the Market Is Operating In the First Days of Level 2 | Ep. 248
In this episode, we discuss how the property market is operating now that the country has come out of lockdown. This stems from a recent article Andrew provided comment for in The Press and for Stuff.co.nz (read the article here).
We are seeing pent up demand coming onto the market, which likely stems from: a) the property market not being able to function during lockdown. 8 weeks worth of demand is now hitting the market in one week. b) potential property buyers have had time to research the market during the lockdown, which is providing renewed interest. TradeMe property, for instance, has reported a 38% increase in property searches from 18-29 year olds.
We also mention our upcoming property investment webinar, where Andrew will cover what he's learnt from owning 38 investment properties and how he manages to make sure that they are all performing for him. That is happening this coming Tuesday at 7pm. Click the link in this paragraph to register.
5/16/2020 • 10 minutes, 53 seconds
New Data Released: How The Property Market Performed During the Lockdown | Ep. 247
In this episode, we discuss how the property market performed during the Coronavirus-induced lockdown. This is based on data recently released by the Real Estate Institute of New Zealand.
As predicted, volumes massively dropped during April 2020, down just under 79% year on year. However that decrease is not spread evenly, Auckland's volumes, decreased just under 69% year on year. That is in part the reason why the median house price continued to rise to a record price of $680,000.
We also mention that we have our final weekly property investment webinar is happening this Tuesday at 7pm. This week Andrew will talk about how he manages his property investment portfolio, which at its peak had 38 properties within it.
5/15/2020 • 12 minutes, 21 seconds
Inequality: A Tale of 2 Suburbs | Ep. 246
In this episode, we discuss inequality and the difference between how different suburbs appreciate in value. Even if different suburbs appreciate at the same rate, if there were small differences in their initial starting values, one suburb can become more expensive than others within the same city.
This means that homeowners in one suburb can see their wealth increase at a much faster rate than homeowners in a neighbouring (slower growth) suburb.
We also discuss the inequality within investing between men and women, along with what we are doing to try to change the status quo.
Finally, we discuss our upcoming property investment webinar, which you are most welcome to attend, next Tuesday at 7pm.
5/14/2020 • 9 minutes, 47 seconds
How to Create a Self-Funding Property Portfolio | Ep. 245
In this episode, we discuss how you can create a self-funding property portfolio. Generally, in property investment, there are two types of properties that you want to buy – capital growth properties that tend to grow in value quickly and yield properties that produce more cashflow.
The trouble for most New Zealanders is that to invest in property they need to borrow the entire purchase price of a property. This typically means that capital growth properties will be cashflow negative. However, a self-funding property portfolio will have a mix of cashflow positive and negatively geared properties so that the cashflow cancel one another out.
This was the topic of a webinar, which we recently hosted. You are most welcome to come along to another of our property investment webinars, which are currently held every Tuesday at 7pm.
5/13/2020 • 9 minutes, 15 seconds
3 Things You Can Do To Prepare For Hard Financial Times | Ep. 244
In this episode, we discuss 3 things you can do to prepare in case times get tough financially:
Build up a 'mojo' or emergency savings accounts. Initially set this up with $2,000. Then, when you can, build it up to 3 months worth of expenses. This will give you added confidence that you can weather financial storms, and allows you to take more risk
Get revolving credit accounts in place. These will allow you to turn the equity in your home or property portfolio into cash when you need it
Build a savings habit, and know exactly what it costs to run yourself and keep yourself alive. You need to know exactly how much you are saving each week, which will allow you to more quickly respond to your own, or others' needs.
We also mention our upcoming property investment webinar. These webinars happen every Tuesday, and you are more than welcome to pop-in, or register and receive the recording the following day.
5/12/2020 • 9 minutes, 40 seconds
What Are 'Good Fundamentals' Anyway? | Ep. 243
In this episode, we discuss what "Good Fundamentals" actually means. It's common to hear that you should buy properties in areas with 'good fundamentals', but often it's not defined what that actually means.
For us it means:
high population growth
tight supply
high demand
high average incomes
low unemployment and a diversified economy
We also walk through the data showing which of New Zealand's regions tend to have these good fundamentals. If you'd like to explore the data mentioned in the episode, then check out our analysis of the NZ property market.
5/11/2020 • 13 minutes, 59 seconds
Tradeoffs Between Capital Growth and Yield in Property Investment | Ep. 242
In this episode, we discuss the tradeoff that is typically made between capital growth and cashflow (also known as yield) in property investment.
In particular, we deep dive into the reasons why yield properties tend to get lower capital growth and vice versa.
We also mention our upcoming property investment webinar, which is happening on Tuesday at 7pm. If you'd like to attend, you can register using the link 👈
5/10/2020 • 11 minutes, 22 seconds
Special Guest: The Hunt For Yield – How Investor Behaviour Is Changing | Ep. 241
In this episode, we are once again joined by Darcy Ungaro from Ungaro and Co. and the NZ Everyday Investor Podcast.
Here, we discuss how investor behaviour is changing. Falling interest rates are causing investors to look at higher risk assets in order to get a return on their investment. This decreases yields in general and forces all investors to move towards slightly riskier assets than they were previously investing in.
If you are keen to listen to a recent NZ Everyday Investor Podcast episode with Andrew and Ed, then click here if you listen on Apple Podcasts, or here is you listen on Spotify.
5/9/2020 • 11 minutes, 46 seconds
Special Guest: Mortgage Broking Trends & How to Find a Good Mortgage Adviser | Ep. 240
In this episode, we are joined by Darcy Ungaro from the NZ Everyday Investor Podcast. Within the show we pick up on the trend where more New Zealanders are using mortgage brokers. ANZ has announced that almost 50% of their new lending is through mortgage brokers.
We discuss why this trend is occurring and how to pick a good mortgage broker.
If you are keen to listen to a recent NZ Everday Investor Podcast episode with Andrew and Ed, then click here if you listen on Apple Podcasts, or here is you listen on Spotify.
5/8/2020 • 9 minutes, 41 seconds
Special Guest: How Easy Is It To Get Money From Banks – Right Now? | Ep. 239
In this episode, we are joined by Darcy Ungaro from Ungaro and Co and the NZ Everyday Investor Podcast to talk about whether it's easy or hard to get money from banks right now.
Darcy reveals that while banks are increasingly pushing mortgage applications through faster, lending institutions are still conservative – especially as incomes are reduced due to the Covid-19 shutdown.
If you are keen to listen to a recent NZ Everday Investor Podcast episode with Andrew and Ed, then click here if you listen on Apple Podcasts, or here is you listen on Spotify.
5/7/2020 • 9 minutes, 58 seconds
The Numbers You Really Want to Look At When Investing In Property | Ep. 238
In this episode, we discuss the numbers you really should be looking at when you invest in property ... Return on Equity and Return on Cash.
When you invest in property there are two parts to your investment – the equity you initially put in, and then any cash you invest to top up the mortgage. It makes sense then to base your investments on these two factors, given that we each have a limited amount of cash and equity.
We also mention our upcoming property investment webinar, which is happening next Tuesday at 7pm. Sign up to here.
5/6/2020 • 12 minutes, 26 seconds
Lifting the Skirt on Developers: How to Choose a Developer For an Investment Property | Ep. 237
In this episode, we talk about what to look for when choosing a developer for an investment property. This is something close to our hearts as it is what Opes does day in and day out.
We also dig into some of the claims that particular developers make, particularly around the world population and the correlation with New Zealand house prices.
Finally, we mention our upcoming property investment webinar, and it would be great if you could make it along. This is happening next Tuesday at 7pm.
5/5/2020 • 12 minutes, 54 seconds
Recently Announced: LVR Changes – What They Mean For Investors | Ep. 236
In this episode, we discuss the RBNZ's recently announced LVR changes and what they mean for property investors in New Zealand.
We also discuss what a high LVR loan means for borrowers in terms of additional costs. For instance, often when a borrower takes on the lending of more than 80% of the value of a property, they will either pay an upfront fee ... or a higher interest rate.
We also mention our upcoming property investment webinar, which will teach you how to create passive income through property investment.
5/4/2020 • 11 minutes, 24 seconds
How Many Properties Do NZ Investors Really Own? | Ep. 235
In this episode, we discuss how many properties New Zealand investors really own, and the distribution of those investors.
What we found is that in 2015:
104,357 investors owned just 1 property, which is 79.68% of all investors
22,914 investors owned between 2-5 properties, which is 17.5% of the total
2,455 investors owned between 6-20 properties, which is 1.87% of the total
457 investors owned between 21-50 properties, which is 0.35% of all investors
488 investors owned between 51-200 properties, which is 0.37% of the total, and
293 investors owned over 200 properties, which is 0.22% of all investors.
We currently have an updated Official Information Act request in with the Ministry of Business, Innovation and Employment to update these figures.
We also mention our upcoming property investment webinar, which is being held this Tuesday at 7pm. You can sign up using the previous link.
5/3/2020 • 9 minutes, 51 seconds
5 Reasons Why The Property Market Might Not Fall In Value As Much As You Think | Ep. 234
In this episode, we discuss 5 reasons why the property market in New Zealand may not drop in value by as much as you would otherwise think. These reasons are:
The drop in interest rates make it cheaper for homebuyers and investors to purchase property. Lower interest rates also decrease the return from term deposit, which encourage investors to seek yield in the property market
First home buyers are able to save money throughout the lockdown and are likely to form new savings habits
Investors are likely to move their focus from New Zealand's regions and instead pull back to the major cities, which have more diversified economies and have greater prospects for employment
Similarly, investors are likely to move their focus from commercial property to residential property
The Reserve Bank's increase in the money supply through the Large Scale Asset Purchasing Programme is likely to create a Cantillon effect, where investors seek higher yielding assets, which will likely push up the price of shares and property
Bonus: the loan to value ratio restriction are being removed, which allow investors to invest with more freedom.
We also mention our upcoming property investment webinar, which is being held this Tuesday at 7pm. You can sign up using the previous link.
5/2/2020 • 12 minutes, 54 seconds
Cheat on the Bank ... They'll Give You More Money | Ep. 233
In this episode, we discuss split banking and why you can get more money from the bank if you cheat it on it with another.
This is because when you have all your lending with one bank, they cross secure the assets and you can only borrow a maximum of 70% against the value of your investment properties. But, if you move that lending across to another bank, you're able to borrow up to 80% of the value. That leaves more useable equity within your own home.
We also mention our upcoming property investment webinar, which is being held this Tuesday at 7pm. You can sign up using the previous link.
This episode is based on a previous webinar we held called How to Grow from 2 to 5 Properties. Check out the whole webinar through the link.
5/1/2020 • 10 minutes, 16 seconds
5 Strategies to Get More Money From the Bank and Pass the Income Stress Tests | Ep. 232
In this episode, we discuss 5 different strategies that you can use to pass the bank's servicing stress test. Whenever you apply for a mortgage from the bank, the institution will stress-test your application through different criteria.
If you don't have enough income to pass these stress tests, you can improve your position by decreasing your expenses ... not by spending less, but by restructuring your financial payments.
We also mention our upcoming property investment webinar, which is being held this Tuesday at 7pm. You can sign up using the previous link.
This episode is based on a previous webinar we held called How to Grow from 2 to 5 Properties. Check out the whole webinar through the link.
4/30/2020 • 12 minutes, 40 seconds
The Best Place to Get Data When Considering an Investment Property | Ep. 231
In this episode, we discuss a new data source from QV that investors can use when considering investments in different areas.
While the tool can give broad insight into gross yields across multiple suburbs, we do question their usefulness when applied with a broad brush across the whole suburb. Better to use the additional features to dig down into the number of bedrooms and type of property you are considering.
We also mention our upcoming property investment webinar, which is coming up this Tuesday at 7pm, where we will be discussing how to live off your property portfolio.
4/29/2020 • 11 minutes, 36 seconds
New Data: How Were House Prices Trending Right Before Lockdown | Ep. 230
In this episode, we discuss recently released data from the Real Estate Institute of New Zealand. This house price and volume data covers properties that settled in the month of March.
March 2020 showed strong house price growth across the country, with particularly promising growth in Auckland and Christchurch.
We also mentioned our property investment webinar, which is coming up this Tuesday. You can register for that webinar here.
4/28/2020 • 11 minutes, 17 seconds
Review: Proportional Property Ownership ... An Unbiased Review on the Pros and Cons | Ep. 229
In this episode, we discuss a particular proportional property ownership model that is currently being promoted by a property investment company within New Zealand.
The model includes purchasing a residential property outright, without any debt – the investment divided into 12 equal shares and offered to investors. The benefit of this model is that an investor can get exposure to the property market for a lower entry price. The cons are that when a property is purchased without debt, there is no opportunity for leverage ... the key benefit of property.
We also mention that we are holding a webinar this evening at 7pm to teach you how to grow your property portfolio from 2 to 5 properties. Register for the webinar here.
4/27/2020 • 10 minutes, 45 seconds
Major Update: LVR Restrictions to be Eased ... Market to Get Hot | Ep. 228
In this episode, we discuss the Reserve Bank's recent announcement that it will scrap the Loan to Value Restrictions for a period of 12 months.
This will have a massive stimulatory effect on the property market as: investors will have more ability to borrow against their existing portfolios to buy more property. They'll also be able to purchase more property using that lending.
We also discuss our property investor webinar, which is coming up this Thursday at 7 pm. We're going to teach you how to grow your property portfolio from 2 to 5 properties.
4/26/2020 • 11 minutes, 40 seconds
Special Show: with the NZ Everyday Investor Podcast. Part 2: Forces for Good in the Property Market | Ep. 227
In this episode, Andrew and Ed feature on the NZ Everyday Investor Podcast, which is hosted by Darcy Ungaro. Darcy recently asked us to come on the show to talk about forces for good and bad in the property market.
In part 2 of the 2 part series, we talk about the forces for good, the things that could typically push property prices up on average. This includes LVR changes, interest rates, changes in the money supply and internationals moving to NZ.
We also mention our property investment webinar, where we are going to talk through how you can grow your property portfolio from 2 to 5 properties and get more money from the bank.
4/25/2020 • 12 minutes, 24 seconds
Special Show: with the NZ Everyday Investor Podcast. Part 1: Forces for Bad in the Property Market | Ep. 226
In this episode, Andrew and Ed feature on the NZ Everyday Investor Podcast, which is hosted by Darcy Ungaro. Darcy recently asked us to come on the show to talk about forces for good and bad in the property market.
In part 1 of the 2 part series, we talk about the forces for bad, the things that could typically pull property prices down on average. During tomorrow's show we'll talk about the forces for good that good work well for property prices.
We also mention our property investment webinar, where we are going to talk through how you can grow your property portfolio from 2 to 5 properties and get more money from the bank.
4/24/2020 • 11 minutes, 53 seconds
Why First Home Buyers Can't Buy a Do-up And What the Opportunity Is For Investors | Ep. 225
In this episode, we discuss why first and second home buyers often can't buy a do-up and why that presents an opportunity for property investors.
A common misconception is that when first home buyers purchase a do-up that they can borrow the renovation costs as well ... because the property will soon be worth more. That's not the case, you cannot borrow renovation costs, unless you already have more than a 20% deposit.
That means that low-deposit borrowers (primarily first and second home borrowers can't afford t do a property up. But, they could afford to purchase a more expensive property that has already been renovated.
We also mention our upcoming property investors webinar where we will teach you how to get more money from the bank and grow your property portfolio. Sign up to the webinar here.
4/23/2020 • 7 minutes, 58 seconds
Why Property's Get More Profitable Over Time & the 8th Wonder of the World | Ep. 224
In this episode, we discuss compounding growth and why small differences in capital growth rates quickly add due to the compounding nature of property price growth.
We also discuss how the combination of compounding annual growth in property prices and rents makes properties more profitable over time, which is why it is important to continue to hold property for as long as possible.
We also mention our upcoming property investors webinar where we will teach you how to get more money from the bank and grow your property portfolio. Sign up to the webinar here.
4/22/2020 • 8 minutes, 51 seconds
What Coronavirus Level #3 Means For the Property Market | Ep. 223
In this episode, we discuss how the property market will operate under Level 3, and how cour advice has changed now that we are moving through to level 3.
We are finding that there are good deals available in the market and that developers are offering discounts in order to move more of their properties. We don't however anticipate that this is going to stay around for very long.
We also mentioned the upcoming Property Investors webinar. This is where we will teach you how to grow your property portfolio from 2 to 5 properties.
4/21/2020 • 7 minutes, 33 seconds
4 Ways To Live Off Your Property Portfolio | Ep. 222
In this episode, we discuss different ways to live off your property portfolio. There are four ways we discuss, each with their pros and cons:
Using a reverse mortgage to live off the equity within your properties
Using a principal and interest mortgage to pay down debt to create a decent rental yield you can live off
Buying multiple properties, selling half and paying off the mortgage on the rest to create a rental yield
Restructuring your portfolio when you need the cash from one geared towards capital growth to one geared towards yield
Our conclusion and preferred option is that the last option best suits most Kiwi buy and hold investors. Listen to the full show to fund out why.
We also mention that we are holding a property investment webinar this Tuesday at 7pm where you will learn how to run the numbers on an investment property.
4/20/2020 • 12 minutes, 12 seconds
Strategies To Supercharge Your Property Portfolio | Ep. 221
In this episode, we discuss how you can go from 2 properties to 5 properties and beyond. At some point, many investors hit a wall and the bank stops lending to them. No lending = no new investment properties.
But, unless you understand why the bank isn't lending you more money, it's very hard to fix it. Worst of all if you keep applying for lending and get denied your credit record will continue to disintegrate – making it harder for you to get lending in the future.
Here, we cover off how to increase both your servicing and your equity position so that you can supercharge your property portfolio.
We also mention our upcoming property investment webinar, where we will teach you how to run the numbers on an investment property. It's completely free and is happening this Tuesday 21st April, you can sign up and register here.
4/19/2020 • 13 minutes, 47 seconds
How To Pay Your Mortgage Off Faster – What Homeowners Need to Know | Ep. 220
In this episode, we discuss how to pay your mortgage off faster so that you can get in the position to invest in property.
During the show we give the example of a first home buyer who has purchased a $500,000 property with a 20% deposit, we then show how they can reduce the time it would take to be able to buy a second investment property from 4 years, to 3 years and then down to 2 years.
We also mention our free upcoming webinar where you'll learn how to run the numbers on an investment property.
4/18/2020 • 12 minutes, 34 seconds
Review: Golden Homes – Should You Buy an Investment Property From Golden Homes | Ep. 219
In this episode, we discuss whether you should buy an investment property from Golden Homes.
Golden homes sits at the slightly premium end of the market relative to other competitors such as GJ Gardiner, Mike Greer and Stonewood Homes, which the price reflects. They have some initiative finance models, that makes the purchase price cheaper than they otherwise would be, which provides benefits for those who can afford the slightly higher purchase price.
Throughout the show, we discuss who Golden Homes are a good and not so good fit for.
We also mention our property investment webinar, which we are holding this Tuesday, which you can sign up for.
4/17/2020 • 14 minutes, 55 seconds
How to Use Other People's Money to Invest | Ep. 218
In this episode, we discuss how to use other people's money to invest. Essentially, this is the concept of leverage.
When you invest in property, you borrow money from a bank, but any returns made on that property are yours to keep.
If you are keen to use the calculator mentioned in the show, you can find it here on the Opes Partners webinar. And if you are keen to learn more about property investment, be sure to follow us on Instagram.
4/16/2020 • 10 minutes, 5 seconds
The Real Reasons Why Kiwis Invest in Property | Ep. 217
In this episode, we dig into some of the results from a survey we are currently running that digs into the real reasons why people invest in property.
The top 4 reasons Kiwis invest are: retirement, passive income, returns / grow wealth and to get rid of money worries.
Got 2 mins? Please take this property investors survey, so that we can get a sense of the type of content you will find most valuable.
4/15/2020 • 12 minutes, 52 seconds
How Are Real NZ Investors Feeling Right Now? | Ep. 216
In this episode, we discuss how real investors are feeling about the property markets' prospects during the Covid-19 induced shutdown.
This data comes from both a webinar that we held last week, as well as data collected from the Auckland Property Investors Association.
If you'd like more property investment content, be sure to follow Opes Partners on Instagram. You can click the link, or find us. We are @opes_partners.
4/14/2020 • 10 minutes, 58 seconds
Which Areas Are At Most Risk From an Airbnb Onslaught? | Ep. 215
In this episode, we discuss the areas of New Zealand that are most at risk from an onslaught of Airbnbs converting into residential tenancies.
The data is in and suggests that McKenzie district (in south Canterbury), followed by Queenstown Lakes, then Thames-Coromandel are the most susceptible, while the main centres, Taranaki and Manawatu-Whanganui are the least at risk.
This is show is a preview of a longer property investment webinar we are holding tonight (14th April) at 7pm. To dig into the data, sign up on the Opes Partners website, or using the link above.
4/13/2020 • 10 minutes, 54 seconds
Auckland vs Christchurch – Which Will Weather the Covid-19 Storm Better? | Ep. 214
In this episode, we discuss whether Auckland or Christchurch will weather the Covid-19 storm better in terms of property prices.
This was the most popular question in our recent webinar that considered all of New Zealand's regions, considering which would be the most resilient property markets.
Our view is that Auckland, as the centre of the most jobs and economic activity, will always handle any economic downturn better than other regions in NZ. Although, Canterbury could put up a stiff fight, given where it sits in its property cycle.
We also mention our property investors webinar, which is coming up on 14th April at 7pm. During this webinar, we're going to cover how Covid-19 will impact the rental market in NZ.
4/12/2020 • 12 minutes, 15 seconds
Degentrification – Should You Invest in New Brighton, Christchurch? | Ep. 213
In this episode, we discuss the concept of de-gentrification, where an area with significant economic activity begins to lose it.
We apply this concept to New Brighton and discuss what investors could look for within suburbs and areas to invest.
We also mention our property investors webinar, which is coming up on 14th April at 7pm. During this webinar, we're going to cover how Covid-19 will impact the rental market in NZ.
4/11/2020 • 10 minutes, 37 seconds
Could This Be the Saving Grace of NZ's Small Town Property Markets? | Ep. 212
In this episode, we discuss whether Ultra Fast Broadband could be the savings grace for New Zealand's small-town property markets.
Our conclusion is that the benefits of UFB (and the internet in general) will most likely be targeted towards smaller cities as opposed to smaller towns. Listen to the episode to find out why.
We also mention the property investment webinar we are holding this Tuesday (14th April) @7pm. In this webinar, you are going to learn how the Covid-19 induced shutdown is going to impact the rental market
4/10/2020 • 10 minutes, 37 seconds
Why Would Easier Access to Debt Lead to Higher House Prices? | Ep. 211
In this episode, we answer a listener's question, which stems from an earlier episode we recorded. In that episode (#208) we discussed three speculative scenarios, where increases to debt availability would lead to higher house prices.
Paul (the listener) asked why increased availability of debt would lead to higher house prices as it wouldn't change the fundamental value of the property.
During the show, we discuss that there isn't really a fundamental value of property, given that home-buying decisions are primarily driven by emotion, rather than rational thought.
We also mentioned the property investment webinar we are holding this coming Tuesday the 14th April, which you are invited to. We're discussing how the rental market will be impacted by the Coronavirus-induced shutdown and the resulting increase in the number of Airbnbs coming onto the market.
4/9/2020 • 13 minutes, 14 seconds
Survey Responses: How Is The Property Market Operating Under Lock Down? | Ep. 210
In this episode, we discuss how the property market is operating under the Covid-19 induced shutdown. This is based on real data collected by Tony Alexander of real estate agents and mortgage brokers who are working on the ground at this time.
This episode covers both residential and commercial property and how the two markets differ from one another.
We also mention the Opes Partners Instagram. Every few days we post a new educational carousel to teach you about the property market. Follow us on Instagram here.
4/8/2020 • 13 minutes, 2 seconds
Listener Question: What Factors to Look for Before You Invest & What to Look For When Adding Value | Ep. 209
In this episode, we discuss what to look for before you purchase a property, and in particular what to look for if you want to add value to the property.
We start off by recommending QV, a New Zealand based property website that allows you to check data about any suburb in New Zealand, including seeing what properties have sold in a suburb and for how much. This is very useful when considering what a property is actually worth.
We also discuss the difference between GV/CV/RV and the actual value of a property. Often investors will talk about what a property is worth relative to its Government Valuation. However, because the GVs can be so wildly inaccurate (since they are set by computer algorithm), they can give a false reading for any property that has had non-consented cosmetic work completed.
We also mention the Opes Partners Instagram. Every few days we release a new carousel post that gives you additional insight into the property market. Make sure to follow us there, we are @opes_partners.
4/7/2020 • 9 minutes, 25 seconds
3 Scenarios That Would Make the Market Go Berserk | Ep. 208
In this episode, we discuss a recent blog written by Ed with 3 speculative scenarios that would make the property market heat up.
These are:
The maximum mortgage term lengthening from 30 to 35 or 40 years
The bank's test interest rate falling from 7% to 5%, and
The LVR restriction for investors of existing properties relaxing to 75%
In each scenario, we also walk through the quantifiable impact that would have on home buyers ability to borrow.
We also mention the Opes Partners Instagram. Every few days we release a new carousel post that teaches you something new about the property market.
4/6/2020 • 12 minutes, 11 seconds
Coronavirus Update: The Data You Should Look at Based on Your Strategy | Ep. 207
In this episode, we discuss the data you should be looking at based on your property investment strategy.
renovation – purchase price and how the market is moving (up or down) over the short term
Cashflow / yield – interest rates, median rents and the rate at which rental payments are made to you personally
long term buy and hold – interest rates, purchase price and long term fundamentals
We also mention the property investment webinar we are holding on Tuesday 7th April at 5pm. If you listen to this episode after the April 7th and missed the webinar, you'll be able to find the recording on our website at opespartners.co.nz
4/5/2020 • 12 minutes, 15 seconds
What Happens Between Going Unconditional and Settlement? | Ep. 206
In this episode, we discuss the steps between going unconditional on a property and settlement. These steps include:
paying your deposit into a solicitor's trust account. You solicitor will collect the funds to execute the transaction
make additional payments to your developer if you are using a progressive payments model. You don't need to do this if you are using a turn key model
conduct a pre-settlement inspection to make sure the property is presented as per the contract with all agreed chattels
get a loan approved through your bank if your previous preapproval has lapsed
Receive a valuation or a certificate of completion
receiving a chattel valuation to maximise the depreciation you can claim from the IRD (to decrease your tax). If in need of a reputable company, we often recommend Valueit
We also mention that we are holding a property investment webinar this coming Tuesday, 7th April @ 5 pm. We’re going to open up our analysis of 165,000 data points to see which parts of New Zealand are likely to see the deepest downturns and the speediest recoveries. You can sign up to the webinar here.
4/4/2020 • 11 minutes, 42 seconds
What Happens If I Buy a Property For More than It's Worth? | Ep. 205
In this episode, we discuss what happens if you come to settle a property, and it is worth less than the purchase price?
This is most important for investors who have signed an unconditional contract to purchase a brand new property that is currently under construction.
If we do go through a period of economic downturn due to the Coronavirus, then there may be a situation where some investors come to settle a property (12 months after going unconditional), and the property is now worth less than the purchase price.
In this instance, you would still need to pay the agreed price, but the bank will only lend you 80% of the valuation of the property, which means you need to come up with a larger deposit, whether in cash or by leveraging off your own home.
Let’s look in the numbers:
Let’s say you sign an unconditional agreement to purchase a property for $500,000
But, the property has decreased in value by 5%, down to $475,000.
In the first instance, the bank would lend you $400,000 against the new property, and you might leverage your own home to make up the $100,000 deposit to make it $500K.
In the second instance, now that the value of the property has decreased to $475,000, at 80%, the bank will only lend $380,000 against the new property, so you’ll need to make up the extra $120,000. That will typically be leveraged against your own home if you have enough equity.
We also mention that we are holding a property investment webinar this coming Tuesday, 7th April @ 5 pm. We’re going to open up our analysis of 165,000 data points to see which parts of New Zealand are likely to see the deepest downturns and the speediest recoveries. You can sign up to the webinar here.
4/3/2020 • 12 minutes, 28 seconds
Coronavirus: Mortgage Holiday Scheme – What Property Owners Need to Know | Ep. 204
In this episode, we are joined by Peter Norris from Lateral Partners to discuss the Mortgage Holiday Scheme that is currently available as part of the economic response to the Coronavirus.
Property owners need to remember that the mortgage holiday is not really a holiday at all, but rather a deferral. The payments will still need to be made, but you make them at a later date. Remember too that any delayed interest payments will incur additional interest. i.e. you will be paying interest on top of the interest.
If you are to take a mortgage holiday, there are two primary ways you can pay it off.
First, you could keep your loan term the same, and increase your payments. Or, you could keep your repayments the same and extend your loan term.
On a 6-month deferral of a $500,000 loan at 4% interest, the additional repayments required would be $52 a month. Or if you were to keep your repayments the same and extend your alone term, you would need to keep up repayments for an additional 11 months.
We also discuss the Coronavirus webinar, which is happening on the 7th April 2020. We will open up our analysis of 165,000 different data points to show the areas of New Zealand that are most likely to have the deepest downturns and the speediest recoveries in the property market. If you are reading this after the 7th of April, the webinar recording will be available on the Opes Partners website.
4/2/2020 • 11 minutes, 30 seconds
Average Rents Hit Another Record High | Ep. 203
In this episode, we discuss how median rents in New Zealand hit a record high in February 2020. In that month the median rent hit $520 per week, up from $495 the year before.
That equates to a 5.1% increase over 12 months, compared to general inflation of 1.6%. That means that rents are increasing at a faster rate than all other goods. That's bad news for tenants as more of their income will then be going towards rent.
Our conclusion is that a large part of this increase is due to the additional regulation that has been levied on landlords. Rental property owners are likely to be 'pricing in' the additional costs and risks of having tenants. These include: higher costs from the Healthy Homes Act, lower revenue through the ring-fencing legislation, and the requirement for landlords to pay a letting fee, rather than the cost be passed on to tenants.
These additional costs are naturally passed on to tenants.
Another interesting finding in the podcast is in the dynamics of demand and supply. There are multiple regions highlighted where the demand for rental properties decreased, the supply of rentals increased and yet the average price increased.
This is because of the relative price sensitivity of both landlords and tenants i.e. demand and supply move in different ways and different factors will play differently.
We also mention the property investment webinar that we are holding on Tuesday 7th April at 5 pm. We are going to open up and share our analysis of over 165,000 data points to see which areas of New Zealand are most likely to be hardest hit through Coronavirus, and which are most likely to recover the most speedily.
4/1/2020 • 13 minutes, 11 seconds
How Coronavirus Might Change Your Investment Strategy | Ep. 202
In this episode, we discuss how the Coronavirus might change your investment strategy. The decrease in interest rates have two effects:
They decrease the return savers get through term deposits
They increase the return property investors get through lower borrowing costs
It is not likely that property investors can get a higher cash return from their deposit as opposed to keeping their money in the bank. These small changes in interest rates can have a big impact to the bottom line.
We also mention the Opes Partners Instagram. Follow us there to get more regular property investment content and updates.
3/31/2020 • 10 minutes, 13 seconds
On the Ground in the Christchurch Property Market | Ep. 200
In this episode, Micky Limmer from Bayleys Canterbury joins the show to talk about the current dynamics of the Christchurch property market.
Micky mentions that the Christchurch property market tends to move in 5-year cycles, based on data crunched by Knight Frank, a valuation agency. From Micky's view, the Christchurch market has been flat for the last 3 years and he is seeing pent up frustration that is leading to house price inflation.
More people are turning up to open homes and to auction rooms. And in those auction rooms, bids are getting higher.
Most critical to this pent up frustration is the idea that Christchurch is becoming a 'viable option' for Cantabrians who moved away from Christchurch during the Canterbury earthquakes.
The city is developing, becoming more magnetic and attracting these people back into the city from Auckland and overseas.
This is not just because Christchurch is affordable relative to the rest of the country – Christchurch is the 12th most affordable city in New Zealand, yet it is the 2nd largest city – but also because of its typography.
The city is flat and by beaches and opportunities for outdoor activities surround the city. The Lyttleton port is 15 minutes drive from the centre of town, as is
3/29/2020 • 9 minutes, 57 seconds
Interest Rates Set to Fall Further – Details of the RBNZ's LSAP | Ep. 201
In this episode, we discuss the Reserve Bank's announcement that it will use unconventional monetary policy to decrease interest rates further.
The Reserve Bank has announced a $30 billion programme to purchase government bonds on the secondary market. This programme will operate over 12 months to decrease long term interest rates.
That will likely have three effects:
Lower long term interest rates will decrease the government's borrowing costs, making it cheaper to borrow and conduct expansionary fiscal policy
Commercial banks set their retail interest rates based on the 10-year bond rate. That means a decrease in the government bond rates will likely filter through to the market rates
Commercial banks often hold government bonds. When the Reserve Bank buys these bonds, commercial banks have higher liquidity. In essence, they have more cash. That allows commercial banks to lend more money to businesses and home buyers.
The outcome for property investors is that more banks will be more willing to lend money at cheaper interest rates.
This Large Scale Asset Purchase (LSAP) programme should be welcome news to business owners and investors alike.
We also touch on the fact that landlords will likely convert short term rental accommodation – like Airbnbs – into standard residential tenancies. Many investors question what impact that will have on the rental market.
Our view is that in the main centres the impact will be little felt. That's because the supply of rentals is highly inelastic relative to demand. That means a large increase in supply can only have a small impact on prices.
Don't forget to follow us on instagram to receive regular updates about the New Zealand Property Market.
3/29/2020 • 11 minutes, 27 seconds
How to Decrease Your Tenants' Rent During the Coronavirus Shutdown the Right Way | Ep. 199
In this episode, we discuss how to decrease your tenants' rent during the Coronavirus shut down the right way.
Some New Zealanders are doing it tough at the moment, struggling to get by. As landlords, that may include some of our tenants. That means that there is more risk that our tenants won't make their rental payments.
That's concerning because property investors still have mortgages and other rental property expenses to pay.
So what is the best way to manage this.
Best practice suggests that property managers and self-managing landlords should reach out to their tenants early to talk about the tenant's financial position and whether they are struggling.
If they are struggling, then it is best to point the tenant towards the government subsidies that are currently available. After they have sought help, you can ascertain what the tenant is still able to pay.
You can then come to an agreement stating that you will carry forward the difference between the rent and what the tenant can afford to pay as a debt.
You should document this as a written agreement.
Once the shutdown has ended the tenant can then pay you back by a small amount each week e.g. $50.
But, be sure that the amount owed to you does not creep higher than the bond you have taken initially from the tenant. Otherwise, if the tenant leaves early it may be difficult to recoup the funds owed to you.
3/28/2020 • 10 minutes, 45 seconds
Covid-19 Mortgage Holiday Scheme – What We Know | Ep. 198
In this episode, we discuss the proposed and accepted mortgage repayment holidays that the major retail banks will be offering due to the Coronavirus outbreak.
The Covid-19 outbreak will hit some New Zealanders hard. To make sure that property owners don't lose their homes due to loss of income, the Finance Minister, Grant Robertson has introduced this scheme.
If the shutdown has impacted your income then you can apply for a mortgage holiday on both the principal and interest payments on your mortgage for 6 months.
Interest will still accumulate on that loan, however. Banks will then add the interest costs on top of the loan, "capitalising" these costs.
For instance, if you have a $300K mortgage at 3.5%. Over six months you will add $5,250 on to the principal of the loan. While this has accumulated over six months, it will set your mortgage back by 14-15 months.
If you need to take this mortgage holiday to keep your home, then it is well worth doing. However, if you don't need to then you will likely be better off by not applying for the mortgage holiday.
Instead, you could decrease any voluntary payments and just pay the minimum on your mortgage. Or, you could temporarily move your mortgage from principal and interest, just to interest payments.
3/27/2020 • 8 minutes, 20 seconds
Advice to Property Investors In Coronavirus Isolation | Ep. 197
In this episode, we share the advice we are currently giving to clients while they are under isolation as part of New Zealand's coronavirus outbreak.
The first is that it is best not to sign a contract to purchase property throughout this isolation period. That's because you won't have the opportunity to conduct due diligence properly while in isolation. You can't conduct a valuation, or do a site visit, lawyers will likely be slow and banks inundated with other requests.
However, you should use this period to get in the right position where you can invest after the isolation period ends.
Once we all come out from our homes in 28 days, there will be deals to be done, and opportunities will present themselves.
We are predicting three periods, all starting with M:
Mum – a quiet period during isolation and in the first month after we all return to normal
Momentum – the property market will likely start to gain momentum as investors look for deals and pick up properties from property owners who need the cash. Investors will find the best deals in this period
Mental – As the property market has pent up frustration it will likely roar back to life.
3/26/2020 • 13 minutes, 7 seconds
Questions to Ask a Real Estate Agent Before You List | Ep. 196
In this episode, Micky Limmer from Bayleys Canterbury joins the show to talk about the questions you should ask real estate agents when you are planning to sell your property.
Micky mentions that we should make sure that we respond well to the agent, since we'll be working with them for a few months. In addition to this, the agent will be nurturing the prospective purchasers of your property, so you want to have a sense that they will do this well to get more potential buyers interested so they bid up the price.
The agent should also understand both your property – it's major selling points and benefits – and the local market.
If the agent has a track record and has had success in today's market, then they will likely know people who missed out on other properties (along with what they bid). This means that a top agent will already come to you knowing potential buyers they can pick up the phone and call.
The agent should also have an understanding of the right sales process that is going to work for your property.
If your property is in a premium and your ideal purchaser is likely going to have lots of equity or cash to use, then they can likely get themselves in the position to make an unconditional offer. That means an auction process would work better.
However, if your ideal buyer is a first of second home buyer, then they will likely need a valuation and pre-approval on the home before they can go unconditional. That means a deadline sale may be more appropriate.
We also mention the Opes Partners Instagram. Every second day we publish a new carousel that educates you about the property market. Follow us there to stay up to date.
3/25/2020 • 10 minutes, 47 seconds
How to Get Top $$ When You Sell Your Property | Ep. 195
In this episode, Micky Limmer from Bayleys Canterbury joins the show to discuss how to get the most money possible when selling your properties.
Along with the standard tips about ensuring the property tidy and clean, and the gardens well maintained, Micky also adds a few extra tips:
paint the front step. When potential buyers come to your property they first thing they will do is bend down to take off their shoes. Their first impression will literally be of your front doorstep, whether they realise it or not
use Barkeeper's friend to make stainless steel basins and shower glass look like new
replace the rubber at the bottom of your shower door, which can discolour over time.
Together, these small actions make a big difference.
You should also consider staging the property. For a 3 bedroom, 2 bathroom home this may only cost $2,000 (including gst).
And consider hiring a company to complete an external wash of your home, which may cost as little as $350.
Conducting other maintenance on your home, such as buying new carpet can make a difference. a 3 bedroom home may only cost $3.5-$4k to be recarpeted. However, buyers often overestimate these costs and will factor it in when they make an offer.
Younger buyers will also need these costs capitalised into the value of the property as they may not have the funds to complete these themselves.
We also mention the Opes Partners Instagram. Every second day we publish a new carousel that educates you about the property market. Follow us there to stay up to date.
3/24/2020 • 12 minutes, 20 seconds
Can You Vote Left and Be a Landlord? | Ep. 194
In this episode, we discuss whether you can vote left and still be a landlord. We acknowledge that while National has more landlord-friendly policies, we vote for parties because of a wide range of policies. Even if one of those policies (or several) aren't in our direct interest, we can still identify with that party more than the other.
We also mention the Opes Partners Instagram. Every second day we publish a new carousel that educates you about the property market. Follow us there to stay up to date.
3/23/2020 • 9 minutes, 14 seconds
Gentrification – What Investors Need to Know | Ep. 193
In this episode, we discuss gentrification. Gentrification occurs when a suburb or town begins to become more trendy and upmarket because the type of people who live in that area changes.
This is often the cause of long term social change, but also because of the fundamentals of the suburb or area.
Take Auckland's Ponsonby. Decades ago the suburb was considered a place for blue-collar workers to live.
Because of the suburb's proximity to Central Auckland, higher-income workers began moving to the suburb. Shops got nicer and more trendy and people renovated their homes.
This attracted more higher-income workers into the area and the process continues.
We also discuss the areas we believe could be open for gentrification in the future both in Auckland and in Christchurch.
We also mention the Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property.
3/22/2020 • 10 minutes, 53 seconds
How to Set Buying Rules For Yourself | Ep. 192
In this episode, we discuss how to set buying rules for yourself.
Buying rules are a concept in property investment where you set some restrictions about the sort of properties that you will and won't buy.
Because property investment can become emotional, some investors will think 'but, I really like this house' and buy it anyway ... even if the purchase doesn't stack up from a numbers perspective.
Setting buying rules before you look at investment properties will save you time because you won't bother looking at properties that don't meet your criteria. They will also make your property portfolio more appropriate for you because you're less likely to make a bad buy.
You can set buying rules about:
Maximum purchase price
The amount of work needed to make the property tenantable
Whether the property is brand new and requires a lower deposit, or an existing property
Where the property is located, i.e. in a city near you or whether outside of the city you live in
The gross yield or net yield you want to attract
The projected capital growth you think the property will achieve
And many other potential buying rules.
We also mention the Property Investor Quiz. This 7 question quiz will give you a 'yes', 'no' or 'maybe' answer about whether you are in the financial position to invest in property.
3/21/2020 • 13 minutes, 5 seconds
Will My Mortgage Repayments Go Up If I Use Equity in My Home? | Ep. 191
In this episode, we discuss whether using equity in your home to purchase an investment property will increase your mortgage repayments.
When you use equity frim within your home to purchase an investment property, you typically take out a separate loan against your property, which is sometimes in the structure of a mortgage top-up.
You then use this loan as the deposit for your new investment property.
Because you have taken out additional lending, there will be additional repayments against that mortgage. However, these extra repayments will be structured so they fall against your investment property.
That is because, from a tax perspective, the purpose of the loan is for the investment property and so falls within your investment property's financial statements.
The rent from your tenant will cover the majority of the rental property's expenses. However, there may be a small top-up required from the investor to make the cashflow balance.
So while you may contribute a small amount of cash towards the property as an investor, perhaps $50-$75 a week, there won't be additional mortgage repayments you have to make against your own home.
We also mention the Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no' or 'maybe' answer about whether you are in the financial position to invest in property.
3/20/2020 • 7 minutes, 36 seconds
Why the Government and the RNZ Want Your House Price to Go Up | Ep. 190
In this episode, independent economist, Tony Alexander joins the show.
Tony is one of the most respected economic writers in the country and for almost 25 years was the Chief Economist at the BNZ.
He has arguably written more than any other person about the New Zealand economy and our property market.
During this episode, Tony argues that despite the rhetoric often heard from the government, the reserve bank and the treasury, they want your house price to increase.
Why?
Because higher house prices increase homeowners confidence.
And right now the New Zealand economy needs additional confidence to ward off or limit the economic impacts of a recession.
Falling house prices will conversely lead to a decrease in consumer confidence and make any recession potentially worse.
Increasing confidence will also benefit the coalition government in an election year.
We also make mention of the Property Investor Quiz. If you've been an avid listener of the show, then you may be thinking about becoming an investor. If that's you, take the quiz.
This 7-question quiz will give you a 'yes', 'no', or 'maybe answer about whether you are in the financial position to invest in property right now.
3/19/2020 • 13 minutes, 1 second
Tony Alexander Answers: How Long Can Interest Rates Stay Low? | Ep. 189
In this episode, independent economist, Tony Alexander joins Ed and Andrew to discuss how long interest rates can stay low.
Many listeners will think back to the 80's and remember how high interest rates were at the time. Some even treat it like a competition.
It was not uncommon at the time to see interest rates of 18-26%.
Naturally, anyone who ever paid interest at that level is likely wondering 'how low can interest rates stay low?'
In Tony's view, interest rates will stay as low for at least a decade. He's predicting that we are in a low interest rate environment and that the previous high interest rate periods were a one-off due to rampant inflation at the time.
In other words, low interest rates are the norm. The high interest rates previously experienced were the exception.
Borrowers and investors can, therefore, take heart and have confidence that they will not likely face higher interest rates for some time.
If you've been listening to the show for a while and are considering becoming a property investor. Then check out the property investor quiz. This 7-question quiz will give you a 'yes', 'no', or 'maybe' answer as to whether you are in the financial position to invest in property.
3/18/2020 • 12 minutes, 15 seconds
Tony Alexander Answers: Is there a housing shortage in NZ? | Ep. 188
In this episode, Tony Alexander, an independent economist, joins the show to answer: do we have a housing shortage in New Zealand?
Being the good economist he is, Tony identifies that, as long as there isn't government interference in a market in the form of price controls, a free market can never have a technical shortage.
Why?
Because the market price will adjust to balance supply and demand.
If there aren't enough houses for the number of buyers, some buyers will miss out and bid up the price of houses. That reduces the total number of buyers active in the market and brings new sellers into the market. Eventually, we'll find ourselves at an equilibrium where there is no longer a shortage.
However, Tony also identifies that there is likely a shortage compared to the number of properties we appear to want to have in society.
In particular, Tony identifies that the proportion of homes built at the lower-priced end of the market has decreased to about 5% of all homes (down from approximately 25%).
This means that there are fewer and fewer homes available for the most vulnerable in society.
If you've been listening to the show for a while and are wondering whether you are in a position to become a property investor, why not try the Property Investor Quiz.
This 7-question quiz will give you a 'yes', 'no' or 'maybe' answer about whether you are in the financial position to invest in property.
3/17/2020 • 11 minutes, 35 seconds
Tony Alexander Reveals What Makes House Prices Go Up | Ep. 187
In this episode, independent economist, Tony Alexander joins the podcast. Tony was the Chief Economist at BNZ for almost 25 years before striking out on his own.
Here, Tony looks at the primary factors that lead to increases in house prices. The primary factors include:
decreases in interest rates. As interest rates decrease, taking on more bank lending becomes cheaper and more affordable. That decrease encourages more prospective home buyers to take on more debt and bid up house prices. Tony takes care to stress that this effect will come 'eventually' as opposed to right away.
Increases in net migration (total number of people migrating to the country as opposed to moving away) will increase the population and increase demand for housing. If this flow outnumbers the number of new buildings completed (and available on the market) this will will eventually increase house prices.
Changes in financing. As credit becomes more available, more people will take on borrowing, bidding up prices.
Make sure to tune in for tomorrow's episode where Tony will join the show again. And don't forget to test out the Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no', or 'maybe' answer as to whether you are in the position to invest in the housing market or not.
3/16/2020 • 12 minutes, 59 seconds
Tony Alexander Compares Christchurch With the Rest of the Country | Ep. 186
In this episode, Tony Alexander joins Ed and Andrew on the podcast.
Tony Alexander was the Chief Economist at BNZ for almost 25 years and is one of the most highly regarded economists in the country. After leaving the bank late last year, Tony became an independent economist and now provides commentary around the country and is a highly sought after speaker.
During this first episode, Tony breaks down how the Christchurch property market compares to the rest of the country.
On the 24th October 2019, Tony released a series of graphs comparing each region's median house price with the long term average with the rest of the country.
That analysis shows that Canterbury is currently about 20% below its average position compared to the rest of the country.
If Canterbury's fundamental underlying value remains constant, then we would expect there to be a correction in the Canterbury market allowing room for "catch up growth".
Catch up growth occurs when one region looks relatively cheap compared to others, so investors and prospective property buyers begin to bid the price up.
Of course, you need to take these types of analyses with a grain of salt, so Tony walks us through what to watch out for when considering this analysis.
If you'd like to learn about how to get a mortgage and pay it off in 2020, then check out the Epic Guide to Mortgages. This 9,500 word guide will teach you how to get a mortgage and pay it off in 2020.
3/15/2020 • 10 minutes, 38 seconds
How to Transition Your Portfolio from Growth to Cashflow | Ep. 185
In this episode, we discuss how to transition from a capital growth property portfolio into a positive cash flow portfolio.
This is a topic Andrew recently covered on a webinar with the Auckland Property Investors Association.
An investor would typically start to transition their portfolio as they near retirement, and in the episode, Andrew suggests that you should allow about 5 years for the transition.
Allowing several years allows you the ability to sell at the most convenient time in the market.
The reason your property investment portfolio will likely need to transition is that when you start in property investment, most investors will focus on capital growth properties.
These properties increase in value quickly but produce weaker rental yields. These properties are good for long term investors as they will grow wealth more quickly.
But, as investors near retirement, your time horizon shortens. That means that investors want their portfolios to begin producing passive income. Hence, the transition to higher-yielding properties that can provide that income most efficiently.
We also mention the property investor quiz. This 7-question quiz will give you a 'yes', 'no' or 'maybe' answer about whether you are in the financial position to invest in property.
3/14/2020 • 12 minutes, 11 seconds
How Long It Takes For a Mortgage to Get Approved? | Ep. 184
In this episode, we discuss the turnaround time it takes to get a mortgage approved in New Zealand.
Right now the banks can take up to 7 business days to open your email to and start to process your mortgage. They are incredibly short-staffed, but demand is also increasing.
Typically due diligence on a brand-new off-the-plan property will last 10 days. That means that there are only three days left for the bank to approve your mortgage for an investment property.
Landlords and property investors should, therefore, work with experienced and knowledgeable mortgage brokers who can ensure that the mortgage application will go through BEFORE the application goes to the bank.
If the banks have questions about your application, then it may be another 7 days (after you get back to them) where the bank can finally approve your application.
This is important since developers are getting tighter on 10-day due diligence periods, and are refusing extensions. They can do this because the property market is so hot at the moment.
We also mention the Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the financial position to invest in property.
3/13/2020 • 9 minutes, 24 seconds
Revealed: How Property Coaches Get Paid? | Ep. 183
In this episode, we reveal exactly how property coaches get paid and a few common misconceptions about property coaches.
There are different types of property coaches. Some like us source properties on your behalf and therefore will earn a commission when you choose to invest in a property. Others will charge you a fee to teach you how to do that sourcing and any renovations yourself.
While we at Opes Partners do not charge a fee for our service, some in our industry do charge you a fee to put together your strategy.
We also make mention of the Opes Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property right now.
3/12/2020 • 10 minutes, 53 seconds
Fears That Stop People Investing – The Unknown | Ep. 182
In this episode, we discuss another fear that holds people back from getting start as investors – fear of the unknown.
Perhaps there's something in the back of your mind holding you back from investing.
This is common for first-time investors. It's the fear of the unknown.
You might think: What happens if I suddenly lose my job? Or what happens if I don't have a tenant for a long time? Or just what if something bad happens?
In this podcast, we discuss 5 tactics you can use to protect yourself against this situation. They are:
1. Set up a Buffer Account with a Line of Credit
2. Get the Right Type of Insurance for You in Place. This could include both income protection insurance and landlords insurance
3. Work with experts such as a property coach, accountant, lawyer and property manager who can help see things you might not see. As they say – you don't know what you don't know.
4. Remove the emotion and know the numbers – get a property investment analysis
5. Get educated. The more you learn, the more you will remove the unknown.
We also mention Opes' Property Investor Quiz. This 7-question quiz will give you a 'ys', 'no' or 'maybe' answer about whether you are in the financial position to invest right now.
3/11/2020 • 8 minutes, 44 seconds
How You Can Make Your Voice Heard as a Landlord | Ep. 181
In this episode, we discuss how you can make your voice hear in regards to the proposed changes to the Residential Tenancies Act.
The Auckland Property Investors Association saw that 363 people submitted on the ringfencing legislation. About 110 of those submissions were against ringfencing.
So very few people participate in the legislative process.
That means that your submission represents a large proportion of submitters.
You can submit by:
Submit on time! Midnight on 25th March
Answer the questions and stick to the topics
Share a personal story
Demonstrate early on and that you have skin in the game. Specifically, identify how you will respond to the changes as a landlord, including the consequences on others, like your tenants and neighbours of your rental properties
Don't copy and paste from other's submissions; they won't be given weight.
The episode wraps up with a discussion about how society views landlords. Landlords are sometimes seen to be unfairly profiting off of a perceived human right (housing). But, typically, landlords have no interest in meddling with their tenant's lives. Most landlords don't become property investors to be a landlord, but rather to better their future through this property investment business.
We also mentioned APIA's toolkit, which you can use to guide your submission. You can view and download this here.
3/10/2020 • 14 minutes, 7 seconds
Legal Changes For Landlords – What Investors Need to Know | Ep. 180
In this episode, we are joined by Sarina Gibbon from the Auckland Property Investors Association (APIA). APIA and the New Zealand Property Investors Federation are currently representing the interests of landlords and property investors as part of the proposed changes to the Residential Tenancies Act.
Sarina walks us through the significant changes and what they mean for landlords, including:
The end of 90 day no cause notices
The process landlords and property managers will need to follow to evict a problem tenant in the future
Some of the unintended consequences of the bill, e.g. the eviction of quality tenants before this bill passes, as protection for landlords
Our conclusion is that while the purpose of the act appears to be to safeguard tenants, the unintended consequence is that landlords will:
increase rents to 'price' in the additional risk of not being able to get rid of problem tenants
evict tenants before the bill to secure lower-risk tenants
be less willing to take on a tenant that is considered risky, like younger tenants with little record of renting
exit the lower-end of the rental market and move to the higher end, further increasing the shortage of affordable rental accommodation at the lower end of the market.
We also mention the property investor quiz. This 7-question quiz will give you a simple, 'yes', 'no' or 'maybe' answer as to whether you are in the financial position to invest in property.
3/9/2020 • 13 minutes, 56 seconds
Is the Property Market Hot? What Real Estate Agent's Think | Ep. 179
In this episode, we discuss what real estate agents think about the current state of the NZ property market.
This is based on a survey of Barfoot and Thompson Real Estate Agents conducted by independent economist, Tony Alexander. It showed that real estate agents increasingly have a positive view of the market and are seeing more activity at auctions and open homes.
We also discuss the Property Investor Quiz. This 7-question quiz gives a yes, no or maybe answer about whether you are in the financial position to invest in property today.
3/8/2020 • 9 minutes, 18 seconds
Don't Believe the Data – Parnell's Gross Yields | Ep. 178
In this episode, we discuss that you shouldn't always believe the data you read ... or rather that you should take the time to read into it more.
This is based on an article Ed provided comment on for Westpac. They wrote an article that suggested that gross yields for 1-bedroom apartments in Parnell were about x2 that of 3-bedroom homes.
We discuss when you should read into more data and what actually lies behind this story.
We also discuss the Property Investor Quiz. This 7-question quiz will give you a full report about whether you are in the financial position to invest in property right now. Take the property investor quiz here.
3/7/2020 • 9 minutes, 57 seconds
Key Concepts: Deferred Capital Maintenance – What Investors Need to Know | Ep. 177
In this episode, we discuss another difference between investing in small towns and larger cities – deferred capital maintenance.
Every investor accepts (and hopefully budgets for) the fact that their properties will require maintenance throughout the year. However, we also know that from time to time investment properties will require capital maintenance, especially if the property is older.
This could be the replacement of a roof, painting the outside of the property, rewiring the house, or some other major works. These are often not budgeted for and the payment for these works are often made by leveraging the property.
But, the cost of this maintenance is more expensive (as a proportion of the house price) for properties in smaller towns than in large cities. That means that a small-town property that appears to be cashflow positive can actually have a poor cashflow once this capital maintenance is factored in.
We also mention the Property Investors Quiz, this 7-question quiz will give you a 'yes', 'no', or 'maybe', answer as to whether you are in a position to invest in property right now.
3/6/2020 • 13 minutes, 13 seconds
How to Not Get Screwed By a Developer | Ep. 176
In this episode, we discuss a couple of recent stories that have developed in the media where young first home buyers were on the wrong end of a sunset clause.
A sunset clause is typically used in a sale and purchase agreement to protect the buyer of a property that has not been built yet. Using this clause, if a developer has not completed the build by a certain date, then the purchaser has the right to cancel the contract.
However, in the stories that have developed in the media, the developer has used the sunset clause to legally cancel the contract and resell the property at a higher price. If the market has increased in value throughout the duration of the build, the developer can then make significant gains, and the purchaser is left having to purchase at a higher price.
That's why in this episode, we discuss how to protect yourself by using a robust sunset clause that only the purchaser can invoke, not the developer.
We also discuss the Property Investor Quiz, this 7-question quiz will give you a 'yes', 'no', or 'maybe' answer about whether you are in the position to invest in property or not.
3/5/2020 • 10 minutes, 28 seconds
Is the Government Attacking Landlords? Deep Dive into the Residential Tenancies Act | Ep. 175
In this episode, we discuss the proposed changes to the Residential Tenancies Act, which are being brought forward by the Labour government.
The proposed changes include:
Revoking the ability for landlords to request a tenant to vacate with no cause (currently 90 days)
Limiting rent increases to once every 12 months, rather than once every 6 months
Taking away the ability for landlords to solicit bids for rents.
We also make mention of the Property Investor Quiz. This 7 question quiz will give you a yes, no or maybe answer as to whether you are in a position to invest in property.
3/4/2020 • 12 minutes, 25 seconds
6 Things That Can Go Wrong With New Properties and How to Solve Them | Ep. 174
In this episode, we discuss the 6 things that can go wrong with investing in brand new properties and how to solve them.
1. Overpaying for a property – solve it by getting a valuation before going unconditional
2. Not being able to secure a tenant because of too may properties coming on market at the same time – solve it by investing in a staged development
3. Can't get started straight away – realise that this is a misconception because although you won't have a tenant straight away, you still have
4. What if the property isn't completed on time – have a robust sunset clause, but still be willing to stay in the development even if it is overdue
5. The gross yield is likely to be lower than an existing property – realise that gross yields and net yields are different. A brand new property is likely to have a higher sale price but lower ongoing maintenance costs.
We also mentioned the property investor quiz. This 7 question quiz will tell you exactly whether you are in the financial position to become a property investor or not. And, if not it will tell you exactly what you need to do to get there.
3/3/2020 • 14 minutes, 12 seconds
How Long Does It Take To Sell a Property? | Ep. 173
In this episode, we discuss how long it takes to sell a property in different regions around New Zealand, along with a few surprising insights for property investors around New Zealand.
The West Coast region, for instance, has a total of almost 4 years worth of properties already on the market. No additional West Coast properties could come on the market, and there would still be properties available for buyers for another 4 years, given today's sales volumes.
We also mentioned the property investor quiz. This 7 question quiz will give you a yes/no or maybe answer as to whether you are in the position, right now, where you could invest in property.
3/2/2020 • 10 minutes, 19 seconds
Coronavirus – Should You Not Buy Property Because of It? | Ep. 172
In this episode, we discuss whether you should not buy property, or put off that decision because of Coronavirus. In general, the answer is no. While the media has made a big deal of the potential impacts the likelihood of a widespread outbreak is still low-to-medium in New Zealand.
On top of that, we expect a decrease in the OCR, which should stimulate spending and help property buyers and homeowners.
We also mentioned our property investor quiz, where you can find out in just 7 questions whether you are in a position to become a first time property investor.
3/2/2020 • 6 minutes, 39 seconds
Why You Want Your Development to Have a Mix of Investors and Owner Occupiers | Ep. 171
In this episode, we discuss why it is preferred to have a mix of owner-occupier and investors within your development.
This is generally for three reasons:
You want to sell your property to an owner-occupier in the future, who is likely to be more emotionally invested than an investor, so you want a property that is going to appeal to an owner-occupier
When the properties are finished, you don't want your properties to be untenanted because all the properties come on to the rental market at the same time
owner-occupiers are more likely to look after the neighbourhood than tenants
However, we also discuss how this will change based on the type of property. For instance, a high-end development of apartments or stately homes will likely have a higher proportion of owner-occupiers, all other things being equal, as these properties will likely be too expensive or low-yielding to make the property work for an investor.
As usual, we also gave a wee shameless plug to the Epic Guide to Mortgages. This is the most comprehensive guide that is freely available in New Zealand that teaches you both how to get a home loan and pay it off more quickly.
2/29/2020 • 9 minutes, 48 seconds
The 4 Core Title-types in the NZ Property Market | Ep. 170
In this episode, we discuss the four different titles that are used in the New Zealand property market. These are:
Freehold, also known as fee-simple. This is the most common type of ownership in New Zealand where you own the land and you are generally free to do what you like with it, subject to any caveats, covenants, or local bylaws
Leasehold – this is where you own the building on the land, but you rent the land from another party. Under this type of title, you pay a ground-rent to the landowner every year and these are subject to review within an agreed timeframe
Unit Title – this type of title is common for apartments and townhouses. You own your own property and an undivided share of the common areas
Cross lease – where you jointly own the land with another landowner and you both rent the land (at the same time) from the other landowner.
As usual, we also gave a wee plug to our Epic Guide to Mortgages. This is the most comprehensive free guide in New Zealand that teaches you how to get a home loan from the bank and pay it off more quickly.
2/28/2020 • 12 minutes, 11 seconds
Can small towns really deliver yields x2 as high as bigger cities? | Ep. 169
In this episode, we discuss that it is often thought that smaller towns will deliver yields that are x2 as high as bigger cities. While that might be true for gross yields, this is generally not true of net yields.
That is because smaller town properties often have higher costs as a proportion of the rent. For instance, if you were to buy two properties that are exactly the same, one in a small town and another in a big city, you would likely spend the exact same amount on maintenance. That means that maintenance takes up a bigger proportion of rent in a small town than it does in a big city.
This show specifically discusses rates. Small towns often have rates (property taxes) that are just as high (in dollar terms) as bigger cities. That is because smaller districts have smaller population bases so need to charge more. This means investment properties in small towns often face significantly more cost.
Generally speaking, once all costs are taken into account, small-town investment properties will still have a higher net yield, however that additional net yield might be as little as 1%.
We also discuss the Epic Guide to Mortgages. This is a 9,500-word guide that teaches you how to get a home loan from a bank and then pay it off more quickly.
2/27/2020 • 9 minutes, 51 seconds
The 3 Types of Trading Properties You Can Use | Ep. 168
In this episode, we discuss the 3 different types of property trading strategies you can use.
Previous listeners have asked whether renovation is the same thing as trading. The truth is that renovation is a type of trading, but there are other types of trading also used by property investors. These are:
Renovating existing properties and selling them back on to the market
Buying a property and selling it to another investor at a profit
Buying a property and selling it straight back on to the market
There are different circumstances that would lead to each of these strategies being used, which we discuss on the show, as well as what you would need to have to execute these three different strategies.
We also discuss the Epic Guide to Mortgages, this is a 9,500-word guide that teaches you both how to get a mortgage and then pay it off in today's market.
2/26/2020 • 10 minutes, 43 seconds
What Sort of Retirement Lifestyle Do Most Kiwis Want? | Ep. 167
In this episode, we discuss a report released a few years back by the Financial Markets Authority, with research conducted by Colmar Brunton.
The report looking into what regular Kiwis wanted out of their retirement. The report found that:
86% of people surveyed wanted to have enough money to meet their every day to day financial needs and fund lifestyle aspects such as travel or a new car
And only 38% of those surveyed wanted to leave an inheritance.
This suggests that most Kiwis want to have a "well-off" lifestyle in retirement and therefore will need about $100,000 of passive income every year.
We also talk through the other findings of the report.
The final report we mentioned was the Epic Guide to Property Investment, which is our 16,000-word guide to investing in the New Zealand property market.
2/25/2020 • 10 minutes, 12 seconds
Is My Apartment Too Small To Get a Loan From a Bank? | Ep. 166
In this episode, we discuss bank lending on apartments, and the minimum square metre size requirements to get a home loan.
Each bank has slightly different lending regulations, but as of the publishing date the minimum standards are generally:
40 metres squared – KiwiBank and ASB
45 metres squared – ANZ
50 metres squared – BNZ
60 metres squared – TSB
A bank may also not lend on your apartment if they've already met their internal lending limit on a building. So if one bank has 25% market share, they generally won't want more than 25% of the lending on that apartment block while it's in development. That's because if something was to go wrong with the development, the bank would have too much exposure.
We also plugged our 9,500-word guide to mortgages, the Epic Guide to Mortgages. This is the guide that will teach you both how to get a mortgage and pay it off in 2020.
2/24/2020 • 10 minutes, 1 second
Which Auckland Suburb Prices Grow the Fastest? | Ep. 165
In this episode, we discuss which suburb prices grew the fastest in the Auckland property market over the last 20-odd years.
We discuss the trends in house price growth, specifically identifying that suburbs in the inner-city tend to grow the slowest on average because they are full of apartments, which don't grow as quickly. There are hot spots in the inner-west suburbs, and that tends to be true for most central Auckland suburbs.
On the other hand, suburbs on the outskirts of Auckland tend to grow more slowly.
We also go through individual suburbs to highlight the amazing property price growth Auckland has had over the last few decades.
To view the interactive map discussed in the show, be sure to go to our report.
2/23/2020 • 9 minutes, 47 seconds
8 Ways to Make Better Decisions Using Data | Ep. 164
In this episode, we discuss 8 places we get our data from so we can make better property investment decisions. The 8 sources are:
Statistics NZ for broad demographic data, showing changes in New Zealand's population
Figure.nz for nice graphs that we can use in presentations
Infometrics for population-based data
REINZ for sales data
Core Logic and QV for valuations data
News Articles from Stuff, the NZ Herald and from industry publications
Reports, from the likes of the world economic forum and the FMA
Anecdotal evidence
All of these sources put together help us to build a picture of where we should invest, and what sorts of properties should be recommended to every day Kiwis.
2/22/2020 • 12 minutes, 3 seconds
How to Buy Property With No Money Down | Ep. 163
In this episode, we discuss the concept of buying property with "no money down". This is where you are able to use the equity within your own home to secure the deposit for an investment property.
This means that you will not have to put in any cash as the deposit to purchase an investment. Popular as part of property investment infomercials from our child-hood, we discuss how this property investment strategy actually works and how to make the most of it.
We also mentioned our equity calculator, where you can see how much use-able equity is available within your property.
2/21/2020 • 9 minutes, 55 seconds
Update: The Reserve Bank Holds the OCR at 1.0% | Ep. 162
In this episode, we discuss the Reserve Bank's decision to leave the OCR unchanged at a record low of 1.0%.
There were 3 factors identified in the decision:
An expectation that households will spend more given that interest rates are extremely low already
Increased spending signalled from the government through the recently announced $12 billion infrastructure package
Improving terms of trade with our trading partners – which signals that exports are going well.
All of these factors are considered inflationary and are having a positive impact on economic growth. Decreasing the OCR further would likely add more inflationary pressure than the Reserve Bank would like, given that it is currently meeting its inflation and employment targets.
We also discussed the Epic Guide to Mortgages, this is a 9,500-word guide which teaches you both how to get a mortgage and pay it off in today's market.
2/20/2020 • 7 minutes, 58 seconds
The Only 3 Ways to Make Money in Real Estate | Ep. 161
In this episode, we discuss the three ways to make money in property investment. These are:
Capital gains – changing market conditions increase the value of your property. This happens slowly but it is consistent. That is why capital gains will often give you the greatest gains, even though you don't have control over it.
Instant equity – this is where you actively do something to the property to create an instant initial equity gain. This can be through renovations that add value or through buying the property under its value. This gives you an initial equity hit, but it is not ongoing. It will bring you more value than cashflow, but less value than long term capital gains.
Cashflow – this is where your property earns money each week. This is usually a small amount after expenses are taken into account and over the long term it is likely to bring you the smallest returns from the three ways to earn money through property.
We also mentioned our property investor quiz, this 7-question quiz will show you whether you are financially in the position where you can invest.
2/19/2020 • 11 minutes, 42 seconds
Book Review – Graeme Fowler, "20 Properties in 1 Year" | Ep. 160
In this episode, we review the book "20 Properties in One Year" by Graeme Fowler. In the book, Graeme talks about yield v.s. capital growth, and we discuss this dynamic.
We also discuss some of the key principles discussed in the book.
We also mention the property investor quiz, where you can get an instant answer about whether you are in a position to invest, based on your numbers right now.
2/18/2020 • 13 minutes
Crucial Elements of a Cashflow Statement and How Much It Actually Costs to Own a Rental Property | Ep. 159
In this episode, we discuss the crucial elements of a property investment cashflow statement and compare 2 different cashflow statements for the same property – one for a standard residential lease and the other as an AirBNB.
The core costs on any cashflow statement are:
interest costs
property management
rates
maintenance
accounting
insurance
body corporate / residents association fee
letting fees
Airbnbs will also have internet and electricity, as well as higher maintenance and interest costs as you will need to provide additional chattels within the property.
We also talk about the property investor quiz, this 7-question financial quiz will give you a full report on your numbers, as well as a 'yes', 'no', or 'maybe' answer as to whether you are in a position to invest in property right now.
2/17/2020 • 13 minutes, 15 seconds
7 Things to Look For When Choosing a Developer to Purchase From | Ep. 158
In this episode, we discuss 7 things you can look for when choosing to purchase an investment property from a developer.
It's increasingly popular for investors to add new properties to their portfolio. You can do this either by using a property coach, or through a property developer. Here are the 7 things to look for if you decide to do it yourself:
If they are in a secure financial position so they don't fall over throughout the project
What their quality of finish of their previous builds are like, and if they are consistent with the plans
Whether they are good to deal with and are likely to come to the party if a disagreement occurs
Whether their building design is diverse. You don't want them to flood the market
Whether their builds finish on time, so you aren't lumped with higher interest costs if using a progressive payments model
Whether their company has been in business for a while, and
If their company has a good reputation
We also mention the property investor quiz. This 7-question quiz can give you a yes, no or maybe answer about whether you're in a position to invest in property. It will also generate a full report about what your numbers mean.
2/16/2020 • 11 minutes, 45 seconds
Why You Need to Make More Money | Ep. 157
In this episode, we discuss why you need to make more money ... and why building your wealth is not a bad thing.
Some people in modern society think that building wealth is a bad thing ... something that's not desirable. We suggest thinking about your long term goals and considering whether you'll be able to achieve them without building your wealth – and if not whether you can do something about it.
We also mention the Property Investor Quiz, these 7 questions will give you an indication of whether you are in a position where you can invest in property – along with a full report about what your numbers mean.
2/15/2020 • 8 minutes, 17 seconds
7 Ways Landlords Insurance Can Protect You | Ep. 156
In this episode, we discuss the 7 instances where landlords insurance can protect you. These 7 instances aren't available through all insurance policies, but many are common between them:
Hidden gradual damage
Loss of rent from uninhabitable due to an earthquake or act of god
Unpaid rent arrears from your tenants
Loss os rent if you have had to evict your tenants or if they have left without notice
Malicious damage caused by tenants
Theft of chattels
Meth contamination
We also discuss the Property Investor Quiz. This 7-question quiz will give you a 'yes', 'no' or 'maybe' answer as to whether you are in a position to invest in property right now.
2/14/2020 • 10 minutes, 43 seconds
7 Things to Look For In a Rental Property | Ep. 155
In this episode, we discuss the seven things you should look for within a rental property. These are:
There is a good mix of capital gain and cashflow
You need to decide who your end buyer is going to be when you plan to sell the property
That the property is in a high population area
That there are amenities around the property, like jobs, parks, schools and pools
The price of the property and whether you're getting a good price relative to its market value
That it fits within your strategy
Can you hold the property long term
These are the 7 things to look out for within your rental property and you can use this as a checklist when looking for your next rental property.
We also discuss our property investor strategy quiz. This 6 question quiz will recommend and give an indication of the right strategy for you.
2/13/2020 • 9 minutes, 35 seconds
The Rule of 20 in Retirement Planning | Ep. 154
In this episode, we discuss what the Rule of 20 is in retirement planning and how it works.
This is a rule of thumb, which says that once you decide the level of retirement income you want, multiply it by 20 and that is the number of freehold assets you need to produce the income you want.
That means if you want to live on $100,000 a year, you'll need roughly $2,000,000 worth of assets to produce that level of income every year in perpetuity. That's based on your portfolio producing a 5% gross yield every year.
We also mention our property investor quiz. These 7-questions will give you an indication about whether you're in a position to invest and gives a full report based on your numbers.
2/12/2020 • 9 minutes, 3 seconds
Valuations – What They Are and How They Differ | Ep. 153
In this episode, we discuss all the different types of valuations. These include:
CV – Council Value / RV – Rateable Value / GV – Government Value
e-value
Registered Valuation
Sale Price, and
Real Estate Agent Appraisals
We also discuss how these valuations impact your ability to get lending from the bank for the property you want to buy, and also how to use these valuations to grow your investment portfolio.
If you're interested in investing yourself, take our property investor quiz. This gives you a yes, no or maybe answer as to whether you are in a position to invest in property right now.
2/11/2020 • 14 minutes, 5 seconds
What Happens If Canterbury Has Another Earthquake? | Ep. 152
In this episode, we discuss what happens if a natural disaster hits your property and how the Canterbury earthquakes have impacted building standards across the country.
We specifically discuss the differences between TC1, TC2 and TC3 land and what that means in terms of the risk of liquefaction on the ground beneath your property.
Risk-based insurance pricing also makes a feature and we discuss how this can be used as a proxy for the risk of your property.
If you are keen to find out whether you're able to become an investor, why not take our property investor quiz? This 7-question quiz will give you an indication of whether you're in a position to become a property investor.
2/10/2020 • 11 minutes, 53 seconds
Update: BNZ Is No Longer Offering Pre-Approvals to non-bank Customers | Ep. 151
In this episode, we discuss how BNZ is no longer offering pre-approvals to non-bank customers. This has some far-reaching implications for property investors and mortgage brokers.
It likely means that investors and homebuyers will find the property they want first and sign it conditional to finance before taking the property to the bank. This means that the bank will prioritise the deal.
It is also an indication of strength in the banking and property sector ... if the bank is turning down potential business it is likely because they have been inundated with applications, suggesting that there is even more activity in the market. It also means it is more likely that mortgage brokers will become more important as prospective purchasers consult them for advice.
We also mentioned the Epic Guide to Mortgages, a 9,500 word guide that teaches you how to get a mortgage and pay it off faster in 2020.
2/9/2020 • 9 minutes, 56 seconds
Why Are The Properties Property Coaches Show Me More Expensive Than Developers? | Ep. 150
In this episode, we discuss why properties are sometimes more expensive when you buy a property through a property coach than if you look on a developer's website.
The reason this is sometimes the case is that developers will exclude some parts of the property from that price. For instance, you might see a property for $499K, but it might exclude the driveway, landscaping or the letterbox. If you wanted it all included, it might cost $525K.
A property coach, on the other hand, will only list the price that is all-inclusive and ready to rent.
We also mentioned the Epic Guide to Property Investment, this is our 16,000 word guide that will teach you how to smash your property investment goals in 2020
2/8/2020 • 6 minutes, 46 seconds
Your Property Investment Strategy – The First Crucial Steps | Ep. 149
In this episode, we discuss how to figure out what you want in a property investment strategy. Andrew and Ed go through a model that Opes has created to think about the sorts of needs you have as an investor.
It is based on a triangle model with the most important property investor needs at the top, and the functional needs near the bottom.
Here is the link to the model that was discussed throughout the show.
You can also take this quiz to figure out which strategy is right for you based on this model.
2/7/2020 • 11 minutes, 28 seconds
The Top 5 Problems With Investment Property & Solutions | Ep. 148
In this episode, we discuss the top problems and issues that investors usually come across when investing in property (and how to solve them). We discuss potential solutions and risk mitigation for each of the following:
Issues with lending, broken down into – Interest rates rising increasing your expenses, not being able to get borrowing from the bank, and not being able to have interest-only loans renewed
Vacancy and tenancy problems – what if your rental property is turned into a P-lab or attracts unsavoury tenants?
Maintenance and unexpected costs
The Market – what happens if the market goes down and stays down?
You – What happens if you lose your job or are forced to sell the property early?
We also discuss the Epic Guide to Mortgages – this is our 9,500-word guide that teaches you how to get a mortgage and then pay it off more quickly than you naturally would.
2/6/2020 • 13 minutes, 38 seconds
Ringfencing – What Investors Need to Know | Ep. 147
In this episode, we discuss ringfencing, what it is and how property investors can combat these recent tax changes.
From April 2019 property investors haven't been able to claim rental property losses against their income. Previously investors were able to claim a tax refund on any losses made by their rental property. That meant that if the property was negatively geared the tax could make it cheaper to own a rental property.
This is no longer the case, which means that owning negatively geared investment properties are more expensive.
Investors have three options to combat these higher costs: a) invest in positively geared properties, b) increase the rent charged on the rental properties, or c) attempt to decrease expenses by restructuring and refinance investment debt.
We also mention the Epic Guide to Property Investment. This is 16,000-word guide that teaches you the fundamentals of how to invest in property.
2/5/2020 • 11 minutes, 34 seconds
Depreciation – Everything Investors Need to Know | Ep. 146
In this episode, we discuss depreciation. Depreciation is when the value of the things inside your home gradually decrease in value. It's a cost to you as an investor, but you don't actually pay for it in cash. This means that you can use depreciation to decrease the amount of tax you pay to the IRD each year.
Since the 2011-2012 financial year investors have no longer been able to claim depreciation on the value of their building (if it has a useful life of 50 years or less). However, they still can claim depreciation on the chattels within the building.
Here, we discuss the different types of depreciation and what can and can't be depreciated. This is a lead up to the next episode where we talk about ringfencing.
If you want to learn more about investment property, then why not check out our guide to how to get a mortgage? It's a 9,500-word guide called the Epic Guide to Mortgages and as well as helping you get one it will also teach you how to pay it off faster.
2/4/2020 • 12 minutes, 22 seconds
Overseas Investors Getting Into the Property Market | Ep. 145
In this episode, we discuss the restrictions put in place on foreign residential property buyers from the Overseas Investment Act. Under the current regulations, you need to be either an Australian, Singaporean or New Zealander in order to buy property within New Zealand.
We also discuss the Epic Guide to Mortgages, a 9,500-word guide that teaches you how to get a mortgage and pay it off more quickly than you usually would
2/3/2020 • 8 minutes
Interest Only Loans – What Investors Need to Know | Ep. 144
In this episode, we discuss interest-only loans – how to get them, how the banks treat them in today's market and when investors should use them.
Many investors today question whether they can still get an interest-only mortgage in today's market. The answer is yes. But, the interest-only mortgages of today are different from those of the past.
Previously, it was possible to secure a 30-year interest-only mortgage. Now, the maximum is 5-years attaches to a standard principal and interest table loan.
We also mentioned the Epic Guide to Mortgages, a 9,500-word guide about how to get a mortgage and to pay it off faster.
2/2/2020 • 15 minutes, 2 seconds
How to Tell If the Advice You're Getting Is Bad Advice | Ep. 143
In this episode, we discuss how to tell if the property investment advice you are receiving is bad advice. This comes off the back of a recent client story, where our property coaching client received poor accounting and portfolio structuring advice from their brother. Although a capable small business accountant – the brother in question was not a tax or property specialist, which was causing our client's property portfolio to be costing more than it should have.
Lastly, we mentioned our Epic Guide to Mortgages. This is a 9,500-word guide that teaches you how to get a mortgage and then pay that mortgage off.
2/1/2020 • 11 minutes, 9 seconds
How to Choose a Property Coach | Ep. 142
In this episode, we discuss how to choose a property coaching company. Every property coaching company is likely to recommend and promote a specific strategy for their clients. Some will promote buy and hold strategies, others focus on renovation and others, still, on development.
We suggest that first-time property investors looking for a property coach should look at other clients who are using the property coaches and look at the strategies those clients are implementing. Looking at what other clients do (and the results they are getting) is the best indication of the strategy that might be promoted to you.\
We also discussed our Epic Guide to Mortgages, this is a 9,500-word guide that will teach you both how to get a mortgage and then how to pay it off faster.
2/1/2020 • 10 minutes, 49 seconds
How Many Properties Do You Need? | Ep. 141
In this episode, we discuss that contrary to popular belief you don't need to buy as many houses as you can. You don't need to go out and invest in 80 properties, you might be fine with just 5.
We discuss the different approaches to building a property investment portfolio and run through a case study of a couple who are able to achieve their financial goals over 20 years by investing in just 3 properties.
We also gave a shout out to our Epic Guide to Mortgages, this is a 9,500-word guide. This shows you how to get a home loan and then pay off your mortgage.
1/30/2020 • 11 minutes, 48 seconds
How to Spot a Property Slump | Ep. 140
In this episode, we discuss how to spot a slump in the property market, with specific reference to Christchurch and the Canterbury earthquakes. Our key takeaway is that although we can all identify what a slump looks like in the text books, a real property slump (especially in the main centres) looks less like a downturn and more like a prolonged stagnation / flattening of property prices.
We present a new model for looking at and considering slumps, which comes from Tony Alenders's economic reports. You can find the report we discussed here.
We also mentioned the Epic Guide to Mortgages, which is our 9,500-word guide on how to get a mortgage, and then pay it off more quickly.
1/29/2020 • 9 minutes, 50 seconds
Is There An Over-supply of Properties in Christchurch | Ep. 139
In this episode, we discuss whether there is an oversupply of property in Christchurch – with specific reference as to whether Christchurch might turn into a 'donut-city', where the centre of the city lacks development.
We make specific reference to the Canterbury earthquakes. These are the primary cause for higher development in the suburbs and satellite towns than in Christchurch central up until recently.
We also discuss the Epic Guide to Mortgages, our 9,500-word guide that teaches you both how to get a mortgage – and then pay it off more quickly.
1/28/2020 • 11 minutes, 45 seconds
Addington, Christchurch – What Property Investors Need to Know | Ep. 138
In this episode, we discuss the Christchurch suburb of Addington and whether we believe it is a good place to invest.
Addington has had the 3rd fastest house price growth of any Christchurch suburbs since the turn of the century. The only two suburbs that grew at a faster rate were the wealthier suburbs of Strowan and Fendalton. These suburbs wouldn't be appropriate for investors to necessarily park their money in.
Addington is also the 9th most affordable suburb out of all 59 Christchurch suburbs – meaning that there is a lot of room for gentrification, especially given its close proximity to Hagley Park.
Throughout the episode, we made reference to our Epic Guide to Mortgages, which is a 9,500-word guide which is freely available on the Opes Partners website. It is well worth a read if you are either looking to get a mortgage or hoping to pay one off.
1/27/2020 • 11 minutes, 29 seconds
Should I Sell My Small Town Investment and Buy In the Main Centre? | Ep. 137
In this episode, we discuss a question sent in my another listener, which says: "I already have an investment property in Whangarei, should I buy another one there, or sell my existing investment property and buy in the main centre?"
Often the main centres aren't as expensive as one might think. Median sale prices can be misleading as your investment property doesn't have to be the median property. Similarly, small towns like Whangarei are actually more expensive than properties in cities like Christchurch at the moment.
We also run through an example comparing 2 properties worth $800,000 appreciating at a lower rate, v.s. a less expensive $700,000 property increasing in value at a faster rate.
Finally, we mentioned our Epic Guide to Property Investment, this is a 9,500 word guide that teaches you how to get s mortgage and then pay off that mortgage.
1/26/2020 • 12 minutes, 13 seconds
You Can Only Pick 2 Out of 3 of These Three Things | Ep. 136
In this episode, we discuss whether there is such a thing as cashflow positive or negative properties. This question came in from a listener of the show. We agree that there is no such thing as a cashflow positive or negative property ... sure there are high yielding properties, but whether a property produces cash or not is based on how you have structured your investment. If you borrow with 100% lending and your property is geared for capital growth it will usually provide a cash loss.
This is summarised in a diagram we recently made showing the tradeoffs between capital growth, 100% lending and cashflow. You can find the diagram here
We also mentioned the Epic Guide to Mortgages, our 9,500 word guide that teaches you everything you need to know about how to get a mortgage and then pay it off.
1/25/2020 • 8 minutes, 21 seconds
Fears that Stop People Investing – The Market | Ep. 135
In this episode, we discuss one of the key fears that stops people from investing in property – the market. Or, rather, fear that the market is going to crash and that property prices will drop suddenly and significantly.
We compare economist predictions from January 2009 with real data about how the property market performed and show that generally the hysteria often seen in newspapers rarely plays out in practice.
We also offer 2 actions you can take if you are worried about there being fluctuations in the value of your investment property.
If you want to learn more about property, then check out our Epic Guide to Mortgages, a 9-500 word guide that teaches you both how to get a mortgage and then pay it off more quickly.
1/24/2020 • 12 minutes, 49 seconds
Two-timing the Banks – What investors need to know | Ep. 134
This is the final episode where are joined by Eugene Bartsaikin from Twine Financial Advisers – and we discuss split banking. This is where you use multiple banks as part of the structuring of your lending strategy.
The key benefit of using multiple banks is that, if used correctly, you:
may be able to borrow more
will have more control over your assets
will have more freedom in terms of how you manage your money
and your assets will be more secure. If you currently just use one bank then you can slowly move your lending to other banks in stages, as described within the show.
We also mentioned the Epic Guide to Mortgages, this is our 9,500-word guide that teaches you how to get a mortgage and then pay it off faster.
If you want to learn more about Eugene and Twine Financial Advisers then:
Check out their website
Connect with Eugene on Linkedin
1/23/2020 • 12 minutes, 9 seconds
Case Study: Building a Lending Strategy | Ep. 133
In this episode, we are once again joined by Eugene Bartsaikin from Twine Financial Advisers. Together, we discuss two case studies of Eugene's clients who have had lending strategies created for them.
The first is a Christian couple who were regularly giving to the church. Eugene identified that their long term ambition was to be more generous and give more to their community. Eugene encourages them to put more away towards their mortgage today (by tithing less) so that they can build their wealth and give more over their lifetime.
The second example if from a Samoan family who were earning good incomes, but because they were so generous with their friends and family they weren't getting ahead paying down their mortgage and were barely making ends meet. Eugene learnt that this family's real motivation was to help their kids get into property by leveraging the family home (which can only be done when there is enough equity within the property). By discovering this, Eugene helped them decrease their expenses and increase their mortgage repayments so that they can achieve their ultimate goal.
In the show, we also discussed the Epic Guide to Mortgages, our 9,500 word guide that teaches you both how to get a mortgage and then to pay it off more quickly.
1/22/2020 • 11 minutes, 31 seconds
What it Means to "Structure Your Mortgage" – What Investors Need to Know | Ep. 132
In this episode, we discuss what mortgage brokers mean when they talk about structuring your mortgage. Structuring your mrotgage encapsulates everything about your mortgage and how it is set up. This includes:
Whether your loan is on Principal and Interest or Interest Only
The repayments you make to the bank
Your interest rate and whether you are 'rate splitting'
which bank you are with
The term of the mortgage
Additional lending facilities you might have in place
We also mentioned the Epic Guide to Mortgages, which is our 9,500 word guide that shows you both how to get a mortgage and then pay it off more quickly.
1/21/2020 • 14 minutes, 38 seconds
The One Time You Might Want to Break Your Contract With The Bank | Ep. 131
In this episode, we discuss Break Fees in regards to mortgages. A Break Fee is the cost that you pay if you have fixed your interest rate on your mortgage for a period, and then you restructure your mortgage before that fixed period has finished. This means you are breaking your contract with the bank.
Bank's will allow you to do this for a fee, and they charge you the cost that they incur (or the lost profit/revenue) due to your breaking of the contract.
However, the banks internal calculations don't always reflect this. At times, you will be able to break your loan, pay the fee and refix at a lower interest rate, saving you money. Eugene shares an example within the show of a client who was able to save $40,000 by breaking their contract with the bank and moving to another lender.
1/20/2020 • 9 minutes, 48 seconds
Which Bank Is Best For Investors? | Ep. 130
In this episode, we are joined by Eugene Bartsaikin from Twine Financial Advisers. Eugene is a lending specialist and helps investors structure their lending and financial lives to achieve their goals.
During the show, we discuss that banks don't treat investors differently. When banks lend to investors they are required by the Reserve Bank to hold on to more capital than owner-occupiers. This means that there is an additional cost to banks by lending to investors.
That's why some banks pass on that additional cost in the form of higher interest rates to investors. But, not all banks pass on this cost. Specifically, ANZ and TSB do not charge investors higher interest rates ... in essence, they absorb that extra charge (at the time of writing).
Now, that doesn't mean that you should always put your loans with ANZ or TSB, becuase these rates are negotiable (and those banks may not be in the position to lend to you at the time of your application). That's why it's important to have a good mortgage broker who can negotiate down the additional margin when working with a bank that does pass on that margin.
Throughout the show we also referenced the Epic Guide to Mortgages, our 9,500 word guide that teaches you both how to get and then pay down a mortgage.
1/19/2020 • 12 minutes, 26 seconds
The Barefoot Investor – How You Can Apply It In NZ | Ep. 129
In this episode, we discuss The Barefoot Investor book. It claims to be the "only money guide you'll ever need", but does it measure up to the claim?
We review the three key takeaways from the show:
How to set up your bank accounts to make it easy to manage your money ... without a budget or excel spreadsheets
The author's opinion on the Australian property market, as well as the differences with the New Zealand property market
The author's retirement strategy and our thinking of whether this could reasonably be applied within New Zealand.
While we don't think it's the only money guide you'll ever need, we do recommend reading it if you have the chance. Although it's very geared towards Australia's rules, regulations, superannuation schemes and market conditions, there are some valuable tips and strategies that Kiwis can learn from and implement.
3.5 / 5 stars ⭐️
We also recommend taking a look at our Epic Guide to Mortgages. While we wouldn't claim it's the only mortgage guide you'll ever need, it comes pretty close 😀
In this episode, we answer a question that came from the Property Investors Chat Group NZ on Facebook. In the question, the investor had co-bought a property with her aunt, with the aunt putting in the deposit. The aunt's name was on both the mortgage documents and the title of the property.
Unfortunately, the family member has had mental health issues, which has caused serious tension and has impacted the aunt's wellbeing to the point where her decision making has been severely impacted.
The question we answer in the show is: a) what should this particular investor do in order to get out, or fix the situation? and then b) what can other property investors learn about co-ownership from this situation?
We also mention the Epic Guide to Mortgages, our 9,500-word guide that teaches property investors both how to get a mortgage and then pay it off faster.
1/17/2020 • 9 minutes, 29 seconds
Setting Financial Goals for 2020: What Property Investors Need to Know | Ep. 127
In this episode, we discuss how to set financial goals in 2020. We outline a 5-step process:
What – figure out what you want to achieve
When – decide when you want to achieve it by
How Much – calculate how much that goal is going to cost
Remind – set up reminders of your goals that you'll see frequently
Get Accountable – tell a friend about your goal to make sure you're accountable to it
An example of this would be:
What – Send my two toddlers to private high schools
When – In 10 years once they both turn 13
How Much – $305,000 for 10 years of education, accounting for inflation
Remind – Put a cut out of the high school's newspaper ad on the fridge at home
Get Accountable – Tell your partner or siblings that that's what you want to do.
We walk through this exact example within this episode and show how property investment can be the right tool to achieve your financial goals. We also go over that property investment is not the only tool you can use and property is not the right tool for every financial goal.
Finally, we also discuss mortgages and our new Epic Guide to Mortgages. This is a 9-500-word guide that you can read to learn both how to get a mortgage and then pay it off faster.
1/16/2020 • 10 minutes, 36 seconds
Every Strategy Is a Good Strategy ... Depending on the Circumstances | Ep. 126
In this episode, we discuss how every property investment strategy can be a good strategy depending on the circumstances and the situation. It's easy to read stories of the strategies that millionaires or billionaires have used to build giant property portfolios .... and these can be great strategies. But, those same strategies aren't going to fit most everyday Kiwis.
Similarly, the strategies that everyday Kiwis use and implement wouldn't be appropriate for millionaire property investors.
Every strategy can be a good strategy as long as it works for you. During the show we discuss risk appetite, ambition, start-up capital, the time put into a portfolio and a couple of other factors that will influence the strategy that ends up being right for you.
We also mentioned our Epic Guide to Mortgages, a 9,500-word guide that teaches you first how to get a mortgage, and then how to pay it off more quickly.
1/15/2020 • 13 minutes, 50 seconds
Should You Plan to Live in Your Investment Properties? | Ep. 125
In this episode, we discuss whether you should ever think about moving into your investment properties? This is a question that is frequently raised by newbie investors. They're thinking about moving to a city in the future and wonder whether they can lock in today's property prices, rather than pay more in the future.
Generally, this isn't the best idea. If you buy an investment property with the intention of living in it, emotion can start to cloud your decision making. You may make a bad investment.
Instead, it's a better idea to buy a property, or a series of investment properties that make sense on their own. Then when you are ready to buy your own property, you can leverage off the equity gained in your investments so you can purchase the home you want to live in.
In the show, we also mention our Epic Guide to Mortgages. If you're planning to buy a property in 2020, this 9,500 word guide will teach you everything you need to know about getting a mortgage and paying it down more quickly.
1/15/2020 • 11 minutes, 36 seconds
29.2% of Renters Can Afford A Mortgage For Their First Home | Ep. 124
In this episode, we discuss a recent Stuff article that Ed wrote and had published. Looking at data from the Ministry of Housing and Urban Development, he found that the just shy of a third of renters actually could afford to pay for a mortgage for their first home.
With deposit requirements for the First Home Loan falling to 5%, he writes that it's puzzling that only 5% of renters each year become homeowners, when many more could afford it.
It seems there is a perception gap. 62% of Kiwis surveyed by IPSOS said that they didn't believe they could afford a home in their local area. Again, this doesn't match with the data because 72% of Kiwis either already own their own home, or could afford it according to the Ministry's data.
There is a difference between what Kiwis can do, what they choose to do and what they say they can do.
We also mentioned the Epic Guide to Mortgages which Ed wrote over the Christmas break, which may be useful if you are considering taking our a mortgage in 2020.
1/14/2020 • 10 minutes, 10 seconds
You Don't Have To Live In Your First Home | Ep. 123
In this episode, we discuss that your first home might actually be an investment property – you don't actually have to live in it.
We discuss the reasons why this might be right for you, and how it may be better to continue with your current lifestyle rather than upending it all to buy property.
First home buyers wanting to follow this strategy should be aware that they can't use their KiwiSaver to buy an investment property, but they can buy a property with their KiwiSaver for 6 months and then turn it into an investment property.
1/12/2020 • 9 minutes, 31 seconds
The Bank of Mum and Dad. What It Is + How To Us It | Ep. 121
In this episode, we discuss the Bank of Mum and Dad, including what it is and how to use it. The bank of Mum and Dad does not necessarily mean that your parents give you cash to use as your deposit to buy your first home.
More often than not, it is your parents increasing the size of their mortgage on their own property in order to give you enough of a deposit to top up your deposit.
This comes with its own risks and benefits and during the show we explain exactly how the bank of Mum and Dad works and a few things to look out for, whether you are using the bank of Mum and Dad to get started in property investment nz, or for your own home.
1/10/2020 • 11 minutes, 22 seconds
What Happens During a Due Diligence Process? | Ep. 122
In this episode, we discuss the exact steps that happen within a due diligence process and the costs associated.
Some listeners may be surprised to learn that you'd put a house under contract before conducting due diligence, but the important point to know is that the reason you put a property under contract first is so that you know you have the right to buy the property at a price that is acceptable to you.
When conducting due diligence you'll need to:
Run the sale and purchase agreement passed your solicitor
Order and look at the LIM
Review the title
Organise finance
Conduct a valuation
Conduct building inspections
Talk to an insurance broker to ensure the property can be insured
Conduct a chattel valuation (if you are an investor)
All up due diligence for property investment nz can cost between $2500-$3500, so it is important that you conduct it only when you know it is a property you can buy and a price that is acceptable to you.
1/10/2020 • 13 minutes, 37 seconds
How to Set Up a Co-Ownership Arrangement The Right Way | Ep. 120
In this episode, we are once again joined by Bradley Parsonson from Opes Partners and Miuwi. And in the show, Brad shares a case study of a couple who didn't know each other and how they are going through the process to co-own property together.
In the show, Brad discusses how although mortgages are jointly and severable liable, some banks will offer loans where servicing is not tested on the whole loan, but only on the portion of a loan that one party takes out, as well as several other tips about how to get into co-ownership.
1/9/2020 • 12 minutes, 59 seconds
Using a 2nd-tier Lender – How to Borrow More Money Than The Reserve Bank Wants Banks to Lend You | Ep. 118
In this episode, we talk about the risks and benefits of using a 2nd-tier lender. 2nd-tier lenders are non-bank lenders, which means that they are not subject to the lvr restrictions set by the Reserve Bank. This means that they can lend above the 30% deposit required for an investment property without having to squeeze it into the small allowance offered for low-deposit loans.
1/8/2020 • 9 minutes, 15 seconds
Top 2 Lessons Learned From 12 Years in Property Investment | Ep. 119
In this episode, we are joined by Bradley Parsonson, property coach at Opes and Co-founder of Miuwi – a property co-ownership company.
During the show, Brad shares his top 2 lessons from owning property over the last 2 years:
Have a buffer account, whether a revolving credit or an overdraft, so that you are able to keep the property afloat if your tenant stops paying
Rely on your professionals and don't try to manage the property yourself
1/8/2020 • 10 minutes, 52 seconds
Deep Dive Into Different Types of Insurance Part #2 | Ep. 117
In this episode, we discuss several more types of insurance, including:
Health Insurance
Trauma Insurance
Insurance is important to property investment nz because you don't know what you don't know.
1/6/2020 • 11 minutes, 16 seconds
Deep Dive Into Different Types of Insurance Part #1 | Ep. 116
In this episode, we discuss insurance, who it's for and why it's important. Now the reason that we're talking about insurance on the podcast is because many people don't get into property investment because they are worried about perceived risk. Insurance helps to mitigate these risks, and a well thought out insurance plan will mean that we are protected in the event that the unforeseeable happens.
In this episode we specifically discuss:
Loss of Income insurance
Redundancy cover
life insurance cover
1/5/2020 • 13 minutes, 54 seconds
6 Top Tips for Renovating Property in 2020 | Ep. 115
In this episode, we are once again joined by financial adviser, Tim Weston, who shares his 6 top tips for renovating property investment in nz:
Keep the scale manageable – If it is your first investment, you wouldn't want it to blow out in terms of time or costs. The best way to achieve this is to keep the scale of the project small and manageable
Know your numbers – how much are you going to make after sale and finance costs
Do you research – go out to open homes and check what the price is in your market for a property that is renovated and one that isn't. Then you can make an estimate about how much you can spend in order to make $2 for every $1 you spend
Keep it cosmetic – this is where an owner occupier will put their purchasing power. Their not making their decision based on the foundations of the property, it's about how it looks and feels
Ensure that any extensions are manageable
Avoid anything that is structural
1/4/2020 • 15 minutes, 56 seconds
Do As I Say Not As I Do – A 'Grand Designs' Star Shares His Story | Ep. 114
In this episode, star of Grand Designs, Tim Weston shares his story of transforming the Britten Stables from a devastated shell into an international showstopper.
Tim shares candidly his views on the toll this extraordinary renovation took on his finances, his health and his family. It is an amazing story of an amazing property.
Check out the Britten Stables here.
1/3/2020 • 13 minutes, 55 seconds
Forming Your Own Property-Buying Syndicate | Ep. 113
In this episode, we discuss how to form your own property buying syndicate based on a question that was sent in by a listener of the show. We discuss that if you don't have enough equity to purchase property, whether because of the lvr restrictions or otherwise, then forming your own syndicate may be for you.
The top risks for property syndication are:
You are jointly and sever-ably liable for the mortgage that you take on. This means that if your property-buying parter skips the country then you are liable for their portion of the loan
Needing for an aligned exit plan so you can all get your money out at the end of it.
1/2/2020 • 11 minutes, 10 seconds
Buying Off The Plans: What Investors Need to Know | Ep. 112
In this episode, we discuss buying off the plans – the different ways you can do it, and an analysis of some of the risks and benefits as to why you would buy property off the plans.
There are two ways to buy property off the plans:
Progressive Payments, where you make payments to the developer or builder at specific milestones
Turn-Key, where you pay a deposit, and then nothing else until the property has been completed
Progressive payments tend to work better if you want to change the property and customise it as you go, whereas in turn-key you have less ability to customise the property as you go.
The reason you might buy property off the plans is that by definition you are buying a new property, which has looser lvr restrictions from the Reserve Bank.
1/1/2020 • 12 minutes, 13 seconds
3 Steps to Becoming A Property Investor in 2020 | Ep. 111
In this episode, we discuss the three steps to take if you want to become a property investor in 2020. These are:
Figure out where you are now and then where you want to go. And then look at the resources you have that can be used to help get you there
Create a strategy about how large your portfolio will need to be in order to help you close that gap and then create buying criteria showing the types of properties that you are going to invest in
Go out and look for properties that match your buying criteria.
The most important steps are steps 1 and 2. Most people will skip to #3 and immediately start looking for properties. But, this is the wrong approach to take. If you're looking for any property, you're sure to find it. But, if you are looking for a property that is going to make a good investment for you, then it's a good idea to determine exactly what that looks like first.
One step we didn't mention in the show is calculating your mortgage using a mortgage calculator. You can use the calculator on the Opes website to calculate your future mortgages.
12/31/2019 • 12 minutes, 51 seconds
4 Ways To Pay Off Your Mortgage Faster | Ep. 110
In this episode, we discuss 4 ways to pay down your mortgage more quickly. These include:
Use an offset account to use cash you have saved to decrease the amount you pay interest on
Make extra payments to your mortgage
Consolidate consumer debt into your personal mortgage to help you focus on one payment and reduce the interest payments you make on that additional debt
Purchase an investment property to help you pay down the debt as you increase equity within your property
You can also use our mortgage calculator to help you run different mortgage scenarios for your own home loan.
12/30/2019 • 11 minutes, 54 seconds
Our Biggest Blunder in 2019 & Why the Average Mortgage Size Isn't As Big As You Might Think | Ep. 109
In this episode, we discuss the biggest blunder that Ed made in 2019, or rather where he copped the most flack on social media. In October we created a video suggesting that the average new mortgage in Auckland was around the $280K mark, which was swiftly rejected online.
In this show, we go through the reasons as to why the average new mortgage may be much lower than you might initially think.
This is because:
New mortgages taken out by first home buyers aren't typically taken out on the median house price. Rather, first home buyers buy cheaper houses and therefore take out cheaper mortgages
Many new loans are taken out by existing owner-occupiers, who have built equity in their homes and therefore have larger deposits. This means that they don't need to take out large mortgages
12/29/2019 • 9 minutes, 45 seconds
4 Key Differences Between the Property Market and the Share Market | Ep. 108
In this episode, we discuss 4 key differences between the property market and the share market. Only 24% of the property market is made up of investors, the rest is primarily made up of owner-occupiers, this has some important flow on effects in terms of how the market operates:
The property market has higher barriers to exit for owner-occupiers than there are in the share market. Property owners need to pay for a real estate agent to sell their house, which can be a real disincentive for property owners to get out of the market – especially as it takes a median of 33 days to sell a property, whereas shares can be traded instantaneously. This means that when the market is not doing so well relatively fewer property owners will opt to sell their properties, which creates a more stable market
In the property market, you have the ability to make cosmetic changes to your investment in order to increase its value. You can't do this in the share market, because you have one share. And because there is more emotion associated with property, investors have the opportunity to make quick gains because the market is based on emotion, not on the fundamental value of the asset
The property market is less reliant on investor sentiment, as the majority of the market is not made up of investors
Individual property investors have more control over what they can do with their investment. If you are an investor and want to make a change to your property, you can. If you're a Westpac shareholder, try telling Westpac what you want them to do.
12/28/2019 • 8 minutes, 25 seconds
Should You Pay Off Your Mortgage Before You Start Investing? | Ep. 107
In this episode, we discuss whether you should pay off your personal mortgage entirely before you start investing in nz property. In short, the answer is generally no. The reason is multi-fold:
If you wait till you have paid off your mortgage entirely you won't have as long in the property market because you may have to wait, 10, 20 or 30 years before you get started – and the most important factor in the property market is the time spent in the market
Investment property can, in fact be used to pay off your mortgage faster, and in the show, Andrew runs through the scenario of whether it is better to invest $50 a week in an investment property, or paying down your personal mortgage further.
12/27/2019 • 11 minutes, 52 seconds
Should You Only Focus on Cashflow and Ignore Capital Growth? | Ep. 106
In this episode, we discuss a piece of advice which can be found in nz property investment books from the 1990s to early 2000s, which goes something like this: "only focus on cashflow, don't worry about capital growth. Just treat capital growth as a bonus".
We discuss whether we agree with this advice or not, and the answer is generally: "no".
The reason for this is that you will need a significant number of cashflow positive properties to build the same amount of wealth generated from a capital growth property – it is just not realistic that a property investor would be able to take on that many properties because of the bank's financing limits.
12/26/2019 • 12 minutes, 14 seconds
What Happens If You Buy The Wrong Property? | Ep. 105
In this episode, we discuss what happens if you make a bad investment and you pick up a property that either costs too much per week and is costing you money, or is not achieving the growth that you initially anticipated overtime?
The simple answer is that you divest the property and sell it. But, in this episode, we'll also teach you how to tell whether this property is really a dud or whether it is just going through a rough patch.
12/25/2019 • 10 minutes, 8 seconds
10 Free Xmas Gifts For You | Ep. 104
In this episode, we give you 10 free gifts from Opes for you to learn about property investment, or buying your first home in the new year:
The Epic Guide to Property Investment in NZ – Our 16,000 word guide to investing in property in New Zealand
Property Academy Video Course – A free video course that teaches you how to invest in property within NZ.
First Home Academy Video Course – Use promo code: PODCAST to access this course for free. A $99 saving.
The Property Academy Podcast
Your Own Terms Calculator – A calculator that shows you how much more quickly you could pay off your personal mortgage by investing in property
Magazine Articles
Retirement Calculator
Facebook Live with APIA – A 55-minute video we recorded live with the Auckland Property Investors Association
Leverage Calculator – A calculator that shows you how much equity you have within your home and what that translates to in terms of purchasing power
Property Investor Quiz – A 7-question quiz that tells you whether you are in the position to invest or now
12/24/2019 • 7 minutes, 14 seconds
The 3 Types of Leverage Every Investor Needs to Know | Ep. 103
In this episode, we discuss the three types of leverage that every investor needs to know. These are:
Leveraged Returns – when you invest in property, you are able to purchase an asset that is worth far more than the deposit you have put in. If you put in a 20% deposit, then you buy an asset that is 5x more valuable than your own deposit. The benefit of leveraged returns is that if that asset (property) goes up in value at 5% each year, that is 5% on the whole asset, which is 25% of your initial deposit.
Leverage Off Your Own Home – May property investors in NZ don't start their property investment journey with a cash deposit. Rather, they leverage off their own home in order to find the deposit.
Leverage Off Your Tenant's Rent – Many 1st-time property investors are worried that they are going to have to fund a second mortgage. This is not the case. Because you have a tenant in your property, you are able to use their rent to cover your operating expenses and the mortgage (at least a portion, if not all).
These three types of leverage work together to make property investment both a passive form of investment, but also an affordable means of creating wealth for everyday New Zealanders.
12/23/2019 • 12 minutes, 25 seconds
Teardown: Is Investopedia's Advice Applicable to NZ? | Ep. 102
In this episode, we discuss whether we agree with Invesopedia's top 10 tips for property investment. The key takeaways are:
A lot of property investment education (online) is specifically geared towards the US market.
The US market has totally different dynamics to New Zealand, and the figures, yields and general rules of thumb are totally different.
This means that when ratios, yields and purchase prices are suggested in these articles you need to take them with a real grain of salt as they may not apply.
While the 1st tip was to be willing to do your own maintenance, this is a dangerous suggestion for two reasons:
a) you'll be encouraged to buy near your own home so you can conduct that maintenance. However, that may not be the best decision for your portfolio
b) if you mess it up then you have greater liability so it is riskier.
If you can, try to find educational material and information that is geared towards property investment in NZ, rather than from overseas.
12/23/2019 • 13 minutes, 1 second
Capital Gains Taxes and the Bright Line Test | Ep. 101
In this episode, we discuss capital gains taxes within New Zealand and the existence of the bright line test. Although we don't officially have a capital gains tax within New Zealand, we do have a capital gains tax by another name – the bright line.
The bright line says that any capital gains made on a property within the 5 years of owning a property are treated as income if the property was sold within those 5 years (except for the main family home). This means that there is effectively a 33% tax on capital gains made from property if you already earn at the top tax rate.
12/21/2019 • 11 minutes, 30 seconds
What Does Opes Property Coaches Actually Do? | Ep. 100
In this episode, we discuss what Opes Property Coaches actually do within the process of getting started in property investment, nz.
Specifically, Opes has a 3-step property coaching programme that helps people get started in property investment:
Discovery Session – Find out exactly where you are now, and where you want to go (your goals). Determine the resources you have available to be able to get you to where you want to go
Plan Meeting – Create your property investment strategy, including determining how large your property investment portfolio needs to be, along with creating buying criteria about the types of properties you'll need within your portfolio
Property Finding – Helping you find the right properties that fit within that strategy that was created as part of step 2
We also discuss why Opes was started and why Andrew and Ed are proud to be a part of the company.
12/20/2019 • 11 minutes, 42 seconds
How Old Is Too Old to Buy Property? | Ep. 99
In this episode, we discuss several conversations Ed has recently had with his cab drivers about property investment nz, specifically about age. This is important because a bank may not be willing to lend money to someone nearing retirement because if that person was to stop working then they may not be able to afford their mortgages.
For instance, say that a person was 65 and borrowed $500,000 to purchase an investment property on a 30 year term. That person would be 95 by the time the loan was repaid, which is why the banks are typically more hesitant to loan to older borrowers.
12/19/2019 • 8 minutes, 14 seconds
3 Case Studies: Who Can Invest, Can't Invest and Might Be Able to Invest? | Ep. 98
In this episode, we give 3 case studies of different situations. These are all real numbers given by real people through the Opes Property Investment Quiz. The quiz asks 7 questions about your personal situation and then gives an indication about whether you will be able to invest, both from an equity and servicing stand-point.
12/18/2019 • 13 minutes, 52 seconds
How to Borrow More Against Your Property. 6 Exemptions to the LVR Rules | Ep. 97
In this episode, we walk through the 6 exemptions to the LVR rules, which allow you to borrow above the standard lvr restrictions set by the reserve bank.
These are:
Not all bank lending needs to be within the LVR rules – only 80% of owner-occupier lending and 95% of investor lending needs to fall within the LVR rules. This means that 20% of owner-occupier lending and 5% of investor lending can fall outside the 20% deposit requirement for owner-occupiers and 30% deposit requirement for investors
New builds are exempt from investor LVR NZ rules – If you purchase a brand new property then you won't be subject to LVR restrictions. Theoretically, you could get a loan for 100% of the value of the property and it would be totally kosher and be within the RBNZ's lvrs.
Remediation – if your property requires work in order to be brought up to code, then you can borrow above the lvrs in order to fund these works
First Home Loans – All First Home Loans are exempt from lvr restrictions. These are low deposit loans that are offered to fire home buyers who meet certain criteria
Bridging loans – An owner-occupier can temporarily go over the lvrs if it is for a short time and agreed with the banks while the buy and sell a different property
Refinancing – property owners are able to refinance between banks and as long as the loan amount doesn't increase then the refinanced lending is exempt form lvr restrictions.
12/17/2019 • 13 minutes, 34 seconds
LATEST NEWS: Record House Prices in NZ | Ep. 96
In this episode, we discuss the Real Estate Institute of New Zealand's latest monthly update. 10 out of 17 regions reached record house prices, and the median house price in New Zealand was up $22.5K up on last month, to a record high of $630K. This is fantastic news for property investors and owners of property, as it means they will have more wealth in their portfolios on average.
There is also good news because Auckland City and Christchurch City also achieved record prices, even as the regions have been relatively sluggish over that period.
All up this is good news for the property market as we head into 2020.
12/17/2019 • 11 minutes, 57 seconds
Do you really need a trust for your properties? | Ep. 95
In this episode, we are joined once again by Shelley Funnell from Henderson Reeves, a mid-tier law firm based in Auckland and Whangarei. And in the show we discuss trusts. Shelley shares the stat that there are an estimates 500,000 trusts in New Zealand ... but many of them may not be necessary.
During the show, Shelley shares the 3 reasons why people typically have used trusts in the past, but also the 3 reasons why these may no longer apply.
To learn more about property investment in nz, then check out the Epic Guide to Property Investment our 16,000-word guide to investing in property within New Zealand.
12/15/2019 • 8 minutes, 43 seconds
Buying Property Off the Plans – What Investors Need to Know – Ep. 94
In this episode, we discuss buying property off the plans – which is where you purchase a property and commit to buying it before it has actually been built.
If you haven't heard about buying property off the plans then this might sound really scary. However, there are some really good reasons why you might purchase an investment property off the plans:
First of all, when you purchase a brand new property, it is not subject to the 30% deposit requirement that banks need in order to give you the finance. This means that banks will happily lend you the money to purchase a property with a 20% or even a 10% deposit.
Because the property hasn't been built yet there is less competition to buy the property. There are no auctions to go to and the buyer has more control in the sale
You're able to buy in today's market, however by the time the property has been built and you settle with the developer (i.e. pay them the money) your property may have gone up in value during the phase of the build.
Shelley and Ed then discuss how to protect yourself from a legal perspective by using Sunset Clauses and how to resolve disputes with a developer.
12/14/2019 • 10 minutes, 49 seconds
What Can Go Wrong in a Real Estate Deal – A Lawyer's Perspective | Ep. 93
In this episode, we discuss a few of the things that can go wrong in a property investment deal, which a solicitor would usually pick up on.
Shelley Funnell is the guest on the show, and she shares one story regarding properties bought by a permanent resident, who had recently moved back to New Zealand. Because this purchaser hadn't been resident in New Zealand for 12 months, he wasn't legally able to purchase the property, yet his contract was already unconditional ... that is he has to settle the property and go through with the transaction.
So, his best course is to delay settlement until the transaction can legally be registered with the government.
These are exactly the sort of situations a good solicitor should pick up on before a contract goes unconditional.
Shelley Funnell is a solicitor at Henderson Reeves, a mid-sized law firm based in Auckland and Whangarei.
12/14/2019 • 10 minutes, 22 seconds
Key Clauses in a Sale and Purchase Agreement | Ep. 92
In this episode, we discuss the key clauses you can use in a sale and purchase agreement when buying property in New Zealand.
This is important for NZ property investors because DD clauses can be used to put a property on hold to investigate the property before making it go unconditional. This means that you can agree the properties price in principle (and have the right to purchase the property) while you ensure that it is fit for purpose.
We mentioned in the show that we would include a Due Diligence clause you can use:
This agreement is entirely conditional upon the Purchaser in its sole discretion being satisfied that the property is suitable for the Purchaser’s intended uses following the Purchaser carrying out due diligence investigations on the overall viability of the property and including but not limited to searching any and all easements, and of any requirements of the local authority or financier, this clause is for the sole benefit of the Purchaser and the Purchaser shall have until 4pm on 10th working day from the date of this contract to give to the Vendor’s solicitor notice that this clause is satisfied failing which the contract shall be at an end. This clause may be waived by the purchaser prior to the prescribed time at the sole discretion of the purchaser.
12/13/2019 • 16 minutes, 30 seconds
New: Updates to NZ's Standard Sale and Purchase Agreements | Ep. 91
In this episode, we are joined by Shelley Funnell who is a solicitor and HendersonReeves in Auckland. During the show we discussed the new sale and purchase agreement that was introduced on the 6th December 2019. The Real Estate Institute of New Zealand (REINZ), Auckland District Law Society (ADLS) sale and purchase agreement is the standard S+P that is used to buy and sell property in NZ.
The new version of the contract (the 10th version of the document) is important for property investment because several clauses have changed. For instance, the interpretation of the finance clause is such that you are no longer able to use the finance clause in the same way as a due diligence clause (a get out of jail free card). If property investors want to cancel a contract using the finance condition, then the vendor can require that evidence is provided that the buyer was unable to obtain funds for the purchase.
Other changes have also been made in respect to the use of fax machines, and toxicology reports.
HendersonReeves is a medium-sized law practice based in Auckland and Whangarei.
12/12/2019 • 12 minutes, 3 seconds
Refinancing: What Investors Need to Know | Ep. 90
In this episode, we discuss refinancing, which is the mechanism property investors can use to leverage off their existing properties in order to grow their portfolio.
There are to ways to refinance your investment property:
Refinance in order to increase your lending on a property
Refinance in order to change banks (from one bank to another)
12/10/2019 • 13 minutes, 50 seconds
3 Things That Stop Investors From Increasing the Size of their Property Portfolio | Ep. 89
In this episode, we discuss three things that stop people from investing in property.
Personal reasons
Fear and worry. For example, the worry that as the size of your portfolio increases, there is a greater risk of vacancy.
Lack of Time. If you're not out there looking for new properties then you are less likely to take action on one.
Lack of Ambition. If you don't have a property coach working with you to achieve your goals then you might not hit them.
Lending Restrictions
Banks treat you more stringently when you have a large level of debt with them.
LVR Restrictions, i.e. you don't have enough useable equity to buy the next investment property.
Property Choice
Investing in existing properties will use up more useable equity than if you were to invest in brand new properties. Because new properties are exempt from the LVR Restrictions you can buy around 50% more property using the same level of deposit when you invest in new, rather than existing properties
12/10/2019 • 11 minutes, 16 seconds
6 Events From The Last 20 Years That Have Impacted the Property Market | Ep. 88
In this episode, we discuss 6 events that have occurred over the last 20 years that have impacted the NZ property market, with a particular focus on the Auckland property market.
Those 6 events are:
1. Leaky Homes Crisis
2. 67 Finance Companies Fell Over
3. Christchurch Earthquakes
4. LVR Restrictions Were Introduced
5. Brightline Tests Were Introduced
6. Introduction of the Internet and the Digital Economy
The key takeaway from this episode is that although these factors all happened, the NZ property market was still strong and continued to appreciate even as shocking events were introduced.
12/8/2019 • 13 minutes, 43 seconds
Is There Really a Housing Shortage in NZ? | Ep. 87
In this episode, we discuss whether there really is a housing shortage within New Zealand, and particularly within the Auckland property market.
In pure economic terms, there can never be a shortage of any good in a free market, so long as demand and supply don't significantly change. Under these conditions, if there are more buyers than sellers in a market then those buyers will bid the price up. As they do, some buyers will drop out of the market and more suppliers will be drawn into the market by the higher prices that are now available. This will continue until there is an equilibrium.
However, we also discuss that the assumption that demand and supply are constant while these market dynamics play out, may not be accurate. For instance, even as prices are bid up and some buyers drop out of the market, there are even more buyers entering the market wanting property. This occurs through organic population growth (more people being born than those that are dying) and through historically high net migration in NZ.
The effect of this is that the additional demand coming into the market creates a perpetual shortage. And even though suppliers (both developers and owner occupiers) will be drawn into the market, the lag in the time it takes for that supply to come onto the market means that suppliers can never fully respond to close the shortage.
12/7/2019 • 11 minutes, 8 seconds
Why Your House Isn't An Asset | Ep. 86
In this episode, we discuss why your house isn't an asset, particularly when you begin to plan your retirement. The conclusion we come to is that the reason your house isn't an asset is that it doesn't produce any income. Sure, you can build wealth within your property, but you can never use it or unlock it unless you borrow against that wealth to pull the cash out to get started in property investment.
We also discuss the option of putting a minor dwelling on the back of your existing property, which you may be able to rent out in retirement, in order to turn your house into an asset.
12/7/2019 • 7 minutes, 28 seconds
Area Update: Mt Wellington, Auckland | Ep. 85
In this episode, we discuss Mount Wellington, a suburb in Auckland's property market. Our belief is that Mount Wellington has a very strong property market and makes a good hunting ground for good quality investments.
The median house price in Mount Wellington increased at a compounding rate of 8.35% between January 2000 and August 2018. And of the top 20 suburbs that grew the fastest over that period, Mount Wellington is the only suburb where the median house price is below $800K. This indicates that Mount Wellington properties will likely achieve superior capital growth, and yet they are still priced at a relatively affordable entry price point.
We also discuss that Maungakiekie-Tamaki, the local board area in which Mount Wellington is located, is both a) experiencing more rapid population growth than Auckland at large, and b) has the second-highest GDP of any Auckland local board area (2nd only to the Auckland CBD).
12/6/2019 • 11 minutes, 42 seconds
Why Property Investment is Ethical & Desireable | Ep. 84
In this episode, we attempt to dispell the myth that property investment is undesirable for New Zealand (or any country). There are several reasons why we believe that property investment is good for the country:
440,000 of New Zealand's 525,000 rental properties are supplied by Mum and Dad investors (the private market). Every additional property that is supplied by private investors is another house that the government doesn't have to provide. This saves the government spending enormous amounts of public money on housing
Many residential properties are negatively geared, which means that the investor is putting money into the property each week, and the rent doesn't cover all of the expenses associated with the property. This means the investor is effectively subsidising the tenants to live in the property
The reason many Mum's and Dad's become property investors is to sort out their own retirement. By investing in property they are taking responsibility for their own retirement, which places less burden on the state
When property investors invest in brand new properties they help more developments get off the ground. If property investors weren't in the market then developers could only sell to owner-occupiers. This would shrink the market for development and would mean that fewer houses would be built, and they may be more costly, both to get off the ground in the first place and because of economies of scale
When property investors bring new houses onto the market – whether through building new developments or renovating run-down properties – the supply of housing increases. This decreases the price of houses, relative to what they would otherwise be.
12/5/2019 • 7 minutes, 57 seconds
Top Takeaways From the 2019 OneRoof Property Report – Ep. 83
In this episode, we discuss the OneRoof Property Report for the last quarter of 2019. This report sums up how the property market has operated over the last year in New Zealand.
Ed's top takeaway is that although the property market has faced so many changes in the last year: Ring-fencing laws changing, the Healthy Homes Act implementation, a potential capital gains tax being introduced and the government's focus on reducing net migration. And yet, despite all this, the median house price in New Zealand still increased by 8,19%. Despite these changes, the market is still resilient and that's because the fundamentals of the NZ property market are still strong
Special guest, Dennis Schipper shares that we're seeing more first home buyers enter the market, which is a great sign that decreased interest rates and the slight relaxation of LVRs (which came out earlier this year) are having an effect. Dennis' top tip is to follow where first home buyers are buying because he sees it as a good sign for future property price growth as families settle into particular areas.
As always, if you would like to find out more about property investment in NZ, then check out the Epic Guide to Property Investment in NZ on the Opes Partners website.
12/3/2019 • 7 minutes, 46 seconds
5 Reasons to Invest in the Main Centres | Ep. 82
In this episode, we discuss 5 reasons why it is a good idea to invest in the main centres when beginning your journey into property investment in NZ. These are:
The economy and job market is more diversified in the larger centres
The main centres tend to have higher population growth, even as a percentage. This helps to sustain housing demand, which pushes prices up.
There is a larger pool of potential tenants, so you're less at risk of vacancy
There is more infrastructure being built, which opens up opportunities for capital growth
Because of these other reason the major centres tend to be more stable and predictable than the other centres
12/3/2019 • 11 minutes, 22 seconds
6 Strategies When The Bank Says No | Ep. 81
In this episode, we are joined by Dennis Schipper, a consultant at Opes Partners. Dennis has a lot of experience in property investment nz. Here, we discuss 6 strategies you can use if you've got a property in mind, but haven't got the ability to get the lending. This include:
Get your house revalued (or do minor renovations to your property to increase the value of your owner-occupier home and then get it revalued)
Consider a co-ownership – owning half the house with family and/or friends
Work with a money coach to decrease your expenses
Get a higher paying job/take on a secondary job/or get your partner to get back into the workforce if they haven't been working
Don't buy that property, but buy another one. e.g. look at a new property where the deposit requirements are more relaxed e.g. new properties
12/1/2019 • 12 minutes, 38 seconds
RBNZ Comments on the Bank's Servicing Test Rates | Ep. 80
In this episode, we discuss the Reserve Bank of New Zealand's recent comments on the banks' test servicing rates. As a recap, these test rates, are the interest rate that the bank will use to test whether you can afford a mortgage or not for your investment property (or any other property you are looking to purchase).
The RBNZ has said that "we may be at a turning point" in regards to these test rates. If these rates decrease (they're at about 7% at the moment) then borrowers will be able to borrow more, which could add inflationary pressures to the market.
These moves would bring NZ inline with the Australian banks, which have recently decreased their test rates to around 6%. However, it should be noted that the test rates are set by each individual bank, and the central bank does not have control over how the banks set these rates.
12/1/2019 • 9 minutes, 18 seconds
Why Women Need to Invest in Property | Ep. 79
In this episode, we are once again joined by Di Foster, property investor and leadership coach. We discuss that women need to up their investment game and invest more in property.
According to one study, women retire on 50% less than men and globally have lower financial literacy. These are the sort of stats that made Di want to get stuck into property investment and make a change.
11/29/2019 • 13 minutes, 5 seconds
Di Compares: Investing in NZ v.s. Overseas | Ep. 78
In this episode, we are once again joined by property investor and leadership coach, Di Foster. Di initially looked at investing in the Uk property market. However, there were several reasons that gave her pause.
Here, Di compares the two markets and the yields she was seeing in the UK market, before she eventually decided to invest in NZ.
11/29/2019 • 11 minutes, 42 seconds
Di Compares: DIY investing v.s. Using an Expert Coach | Ep. 77
In this episode, we are once again joined by property investor and leadership coach, Di Foster. Here, Di compares DIY investing (going at it alone) with using an expert property investment coach.
Although Di has quite the personality, she talks about how she and her husband weren't the sorts of people who would go out and buy a house on their own and get it rented. However, Di talks about some of her friends and colleagues who DIY quite happily.
11/27/2019 • 11 minutes, 59 seconds
Millennials, Boomers and Gen X'ers – How They Approach Property Differently | Ep. 76
In this episode, we are once again joined by property investor and executive leadership coach, Di Foster. After helping herself and her husband into property investment, Di began wanting to help her father, nieces and nephews all get into the property market.
What Di discovered is that each generation needs to get its head around a slightly different concept.
For Millenials, it's lifestyle. Millennials need to understand that they don't need to live in their first property. Sometimes it's more appropriate to buy an investment property and get exposure to the property market, rather than buying an owner-occupier home
For Gen X'ers it's about cash. Gen X'ers need to be reassured that they aren't going to have to sacrifice their lifestyle and cover all of a second mortgage in order to be able to hold the property
For Boomers it's about debt. So many Boomers work their whole lives to get out of debt, and then they need to get back into debt in order to get ahead.
The drivers to get into an investment property are also different. For Millennials it's about getting ahead themselves. Gen X'ers want to sort themselves for retirement and for their children, and Boomers want to maintain their capital position in retirement in order to look after their future generations.
11/26/2019 • 12 minutes, 31 seconds
Why'd You Do It? A Real Property Investor Answers | Ep. 75
In this episode, Di Foster – property investors and executive leadership coach – walks through the reasons she decided to get into the investment property market and become a property investor. Di opens up and tells us that she was in a different position than she thought she was going to be in, due to a health scare. This is what prompted her and her husband to start looking at investment property.
We talk through one of the properties Di has invested in – a three-bedroom, two-bathroom standalone house in Wigram, Christchurch. She talks through how the property was bought for $500,000 and three years later is valued at $570,000 – a 4.4% growth rate year on year. That compares to a growth rate of 2.6% in the Canterbury region over the same period.
11/25/2019 • 9 minutes, 39 seconds
The As Is Market in Christchurch | Ep. 74
In this episode, we discuss Christchurch's 'As Is' Market. The Christchurch earthquakes were devasting for homeowners in the Canterbury region. Many were left unlivable and there was a severe housing shortage in the city.
After homeowners were paid out, and the EQC had made repairs to properties, it was clear that there were still properties that needed work. This created the 'As Is' market.
These are properties that still require work and repairs before they can be brought up to code and to an acceptable standard. Developers will buy these properties, repair them and sell them back on the open market – often generating a significant return.
During the show, Nick reveals the real numbers and talks openly about the difference between the real numbers and the vanity metrics.
11/25/2019 • 11 minutes, 59 seconds
Different Ways to Develop Land | Ep. 73
In this episode, we are joined by Nick Johnstone a developer investor based in Christchurch. Nick walks us through a feasibility study he did on a piece of land.
His options were to either demolish the existing property on the land and build three new units. Or, he could build a minor dwelling on the back of the property and rent it.
He shows us why it made more sense for him to build the minor dwelling, which generated a smaller return, rather than going through a complex development process.
11/23/2019 • 14 minutes, 56 seconds
Jackson Asks: Why Do People Rent? | Ep. 72
In this episode, we answer another question from one of our youngest listeners, Jackson. Here he asks, why do people rent your houses? There several reasons why someone might rent from a property investor. These include not being at the stage of life where the person is ready and able to buy their own house, not wanting to take on debt, being transient or not being able to afford to buy in the city that a person wants to live in.
11/22/2019 • 7 minutes, 41 seconds
Jackson Asks: If I Have to Work For Money Now, What Will I Do When I Retire? | Ep. 71
In this episode, we answer a question from one of our youngest listeners, Jackson. Here, he asks a simple question: if I need to work to earn money to live on today, what will I do when I retire? This is important because before you can close your retirement plan in place, you need to know that your retirement gap exists.
In the show we talk about the two approaches to closing your retirement gap with property investment.
11/21/2019 • 8 minutes, 20 seconds
Negative Gearing – What You Need To Know – Ep. 70
In this episode, we discuss negative gearing. This is the situation where your property makes a cash loss each year after factoring in interest costs. Some property investors steer clear of negative gearing others embrace it.
The fact is that negative gearing typically occurs when mortgage repayments are high and when investors have purchased their investment property with 100% lending. This means that no 'real' deposit has been used to secure the property and the only cash that has been put into the property comes from the investor's 'top-ups'.
In the show, we discuss the good and the bad of negative gearing within property investment.
11/20/2019 • 11 minutes, 43 seconds
Stop Thinking Your Going to Live In Your Investment | Ep. 69
In this episode, we discuss the fact that you're not going to live in your investment property, so you can't treat it as if you will. Instead of looking for factors that you would 'like' to have as a tenant, you need to look for the factors that will make it a great investment: good capital growth with reasonable cashflow.
11/20/2019 • 9 minutes, 16 seconds
Your Biggest Cost in Property Investment – Procrastination | Ep. 68
In this episode, we discuss that many people will wonder why they should get into property investment now ... why not wait a few years? We discuss that so many things can change over time in property. In 5 years you may be subject to stricter lending criteria, higher market prices or increased regulation.
You've also got limited control about what could happen in the future, and you have no certainty about what the future might entail. Whereas you can analyse market conditions and regulatory frameworks as they are today.
Finally, if you wait, you miss out on any capital growth that may have occurred during your ownership. This is what will be your largest cost in property investment.
11/18/2019 • 9 minutes, 56 seconds
Pop Quiz – Which Towns Have The Best Yields? | Ep. 67
In this episode, we discuss rental yields and which towns generate the best rental return for investors. We walk through the top 5 towns, and discuss the reasons why they might get superior rental yields.
11/17/2019 • 10 minutes, 37 seconds
Should You Pay Off Your Mortgage Before Investing In Property? | Ep. 66
In this episode, we talk about whether prospective property investors should pay off their personal (owner occupier) mortgages before investing in property – and which they should pay off first.
This question came from the Property Investment Chat Group NZ, a Facebook group where investors discuss property in New Zealand.
Andrew walks through the reasons why it is generally better to get into investment property early rather than wait. And that it is typically better to pay off your own occupier mortgage before you pay down any investment debt.
The key reason behind the latter point is that it is inefficient from a tax perspective to pay down investment debt first. That's because the interest on an investment loan is tax-deductible, while it isn't on your personal home.
11/17/2019 • 10 minutes, 33 seconds
Reserve Bank Update – What It Means For the Housing Market | Ep. 65
In this episode, we discuss this week's Reserve Bank update. While not much changed from a policy perspective – the Official Cash Rate didn't change and the LVRs remained at their current levels – there were some key points made, which indicate future moves.
The Reserve Bank indicated that a rate cut is likely to occur in February 2020 and that the bank would still like to see increased spending from the government and businesses. For them, increased long term investment is still the most desirable outcome.
The bank is taking a wait and see approach, they want to see the benefits of their previous rate cuts hit the market before taking further action.
The general trend for property investment is positive. If LVR restrictions and interest rates continue to ease – as we expect they likely will, then property investors (especially 1st and 2nd time property investors who aren't already heavily indebted) will benefit.
11/15/2019 • 8 minutes, 20 seconds
Why The NZ Property Market is Unique | Ep. 64
In this episode, we discuss why the NZ property market is unique. We identify that because New Zealand is a long skinny country, which was colonised, our major cities are primarily port cities – based around large bodies of water. This is true for Auckland, Tauranga, Dunedin, Wellington, New Plymouth – and even Christchurch.
This means that there is an area the city can't expand into. This means that inner-city land becomes more desirable because the new suburbs are further and further away (compared to if the city could expand in a perfect circle.
We also discuss that New Zealand is politically stable, has a relatively prosperous economy and is protected from many global headwinds. This causes the New Zealand property market to be particularly buoyant and robust.
While it may seem attractive to invest overseas, we can sometimes forget, as New Zealanders, that there is a great property market that we can invest in at home.
11/14/2019 • 10 minutes, 31 seconds
Will Sacrifice Now or Later? | Ep. 63
In this episode, we discuss that property investment requires a sacrifice – an investment. It might sound obvious, but Andrew gives an example of a couple who wanted to invest in property but didn't want to sacrifice their current lifestyle.
His challenge to them was to sacrifice now and invest ... or continue to live their current lifestyle and sacrifice later in retirement.
11/13/2019 • 10 minutes, 21 seconds
How Property Cycles Work | Ep. 62
In this episode, we discuss how property cycles tend to work, with a special mention on the Auckland Property Market. Property cycles are arguably one of the most important considerations when investing in property. However, they are very hard/impossible to predict.
One of the key takeaways from the show is that the property cycle is not the same as the economic cycle. Where shares tend to fluctuate widely in value based on the economic cycle, this is not the same for property.
New Zealand's property cycles tend to operate in spurts. When the property market heats up, property prices will leap for a few years, and then flatten out for a few years. When the next property cycle comes, property prices will leap again for a time, before flattening out again.
This can be seen by looking at any graph of a region's median house price over a period of 20+ years.
11/12/2019 • 12 minutes, 33 seconds
3 Real Life Case Studies – What Can Actually Happen | Ep. 61
In this episode, we give three real-life case studies about what can happen to property investors when they take the plunge.
2 of the investors within these case studies achieved large gains in the value of their properties within the first 4-6 years of owning their investments. 1 of them is yet to see any substantial gain from their investment.
We talk through some of the reasons why this might happen, and how property cycles impact the immediate gains that can be achieved by investors.
11/11/2019 • 14 minutes, 19 seconds
Mangere – Is It a Good Place to Invest? | Ep. 60
In this episode, we discuss whether Mangere is a good suburb to invest in. Mangere is one of Auckland's lower socio-economic areas, and may not typically have been where most investors would have thought to buy a property. However, there are a lot of good reasons to invest in properties that are located within the suburb.
Over the last 18.5 years, Mangere properties have appreciated at a rate of 8.08%. This is well above the average appreciation rate of most houses in the Auckland property market, and certainly around the country.
On top of this, Mangere greatly benefits from the expansion that is currently underway at the Auckland International Airport (AIA). AIA is currently investing over $1 million per day to improve its infrastructure. This includes improving the shopping experience and building a new hotel. This means more jobs. Because Mangere is the gate-way to AIA, we would expect an increase in the number of people who would want to live in the suburb. This is a positive sign for both investors' ability to tenant their properties, and for their long term capital gain.
11/10/2019 • 14 minutes, 8 seconds
What Do Property Managers Really Do? | Ep. 59
In this episode, we discuss the nitty-gritty of what property managers really do for property investors. Over a 10 year period, you are likely to pay your property manager the same amount of cash as you will your real estate agent. However, for that, you will get significantly more value and service.
Celia estimates that over recent years the workload for a property manager has increased by 30%, however, they haven't increased their fees.
Property managers have awkward conversations with tenants, ensure that they pay their rents, follow up when that doesn't happen and ensure the property is maintained and expected. But, the real benefit is in their institutional knowledge and the paybooks/procedures they have in place so that if something goes wrong it can be managed.
This is the final show – in this round of recordings – where we are joined by Celia Burbery from Auckland Property Management.
11/9/2019 • 14 minutes, 33 seconds
What is a Good Yield in Auckland? | Ep. 58
In this episode, we discuss what a good rental yield is for Auckland property investors. Nationally, we know that Auckland typically will deliver higher capital growth but lower yields.
This depends on the type of property you have in Auckland, its location and then purchase price.
While the national median yield is over 4%, in Auckland, we would typically think someone hitting 4% would be doing well.
We are once again joined by Celia Burbery, general manager of Auckland Property Management. Celia has over 35 years of experience in property, and we are really privileged to learn from her experience.
11/8/2019 • 8 minutes, 50 seconds
Tenancy Law – What You Need to know | Ep. 57
In this episode, we are joined by Celia Burbery from Auckland Property Management. Property management is so important because if you want to get the long term gains from investment property, then you need to hold the property for the long term.
A big part of being able to do that is managing the property itself. That's where property managers come in.
Recently there have been a few law changes and judicial rulings that impact property investors. In the show, Celia details what these are, including the new Health Homes Act and walks us through what property investors need to know.
Note: Auckland Property Management are specialists in the Auckland Property Market and do not operate outside of Auckland.
11/7/2019 • 9 minutes, 25 seconds
The Additional Costs Associated with Airbnb | Ep. 56
In this episode, we discuss the additional costs you will face as an Airbnb property investor. These include all the utilities you need to cover e.g. water, power, internet. You'd also expect to pay for consumables like salt and pepper, shampoo, milk (all the creature comforts guests expect).
Property management is also more hands-on, which leads to higher costs. Management fees are also higher. Long term rental management fees are 7-10% of gross yield. Airbnbs will range from 20-30% of the net yield.
Property investors will also need to furnish the property to a high standard including items to make the property homely e.g. coffee table books. And depending on where the property is located, you may be subjected to higher rates. In Auckland, rates can be as much as 3x higher than a standard tenancy.
This is the final episode in this round of podcasts where we are joined by Jon Lawry from Urban Butler. In the show, Jon mentioned that he has an ebook detailing the 5 things that every Airbnb host needs to know. To access that free ebook fo to the Urban Butler website
11/6/2019 • 13 minutes, 54 seconds
What Deloitte Thinks of Airbnb (& What You Can Learn From Their Research). | Ep. 55
In this episode, we discuss a report that was published about Airbnnb by Deloitte, a consultancy, in 2017. This includes the economic impacts that Airbnb has on the economy at the time.
The report shows that 35% of Airbnb nights were from New Zealanders, followed by Australia, United States, China and the UK.
Airbnb had circa 1.5 million guest nights within the study period, and brought around 4x more economic activity because of other spending.
We also talk through how to gain insight into the market by comparing the data for the different regions in the report. This includes a specific highlight on the Auckland Property Market.
In this recording, we are once again joined by Jon Lawry from the Urban Butler.
11/5/2019 • 11 minutes, 42 seconds
4 Things Airbnb Guests Look For When Booking | Ep. 54
In this episode, we discuss that if property investors want to get a high rental yield on their Airbnb, they need to get a high occupancy rate. And the way to do this is knowing what guests are looking for when booking an Airbnb.
If you know what guests are looking for, you can give it to them, and better market your property.
From Jon's experience there are four things that guests typically look for (in this order):
1. Location
2. An appealing property
3. A price they can afford
4. Reviews
For this episode, we are once again joined by Jon Lawry from Urban Butler.
11/4/2019 • 10 minutes, 14 seconds
One Simple Way To Double The Price of Your Airbnb | Ep. 53
In this episode, we discuss one simple strategy you can use to double your price on Airbnb – dynamic pricing. This is where you vary the price of your property based on what is happening in the market. When there is a lot of demand in the market for flights or hotel rooms, hotels and airlines will put their prices up.
Jon shares that software is now available that allows Airbnb hosts to do the same thing. This means that for certain periods of high demand (for instance when big concerts and events are happening) property investors can double the daily nigh rate of their Airbnb.
11/3/2019 • 10 minutes, 9 seconds
The Yield You Can Get From an Airbnb | Ep. 52
In this episode, we are joined by Jon Lawry from Urban Butler to discuss using Airbnb with property investment. This episode specifically covers the yield you can expect from an Airbnb.
Typically you can expect at least a 50% higher net yield from an Airbnb compared to a standard long term tenancy. It is, however, important to note that to generate these types of yields you need a property that will appeal to people who use Airbnb (apartments near the centre of town).
It's important to also note that your gross yield will be far higher than a long term tenancy, but you also face higher costs, which brings down the net yield.
11/2/2019 • 10 minutes, 52 seconds
The Steps Involved in Buying a Property | Ep. 51
In this episode, we discuss the process of actually buying an investment property – after you've found the specific property that you want to buy. This includes the reports you need to get, the clauses that need to be negotiated, the back and forth that occurs when negotiating the price, and picking up the keys.
There are over 150 different steps that make up the property buying process, and the trick is to know what's coming so you can prepare.
11/1/2019 • 12 minutes, 22 seconds
Hamilton – Is it a Good Place to Invest? | Ep. 50
In this episode, we discuss whether Hamilton is a good place to buy an investment property. We specifically discuss the amount of infrastructure investment that is currently occurring in Hamilton. This includes the Ruakura Inland Port, The Waikato Expressway, and the value of assets held by the local iwi – Waikato Tainui.
We discuss that the average rate of median house price growth value in Hamilton suburbs over the last 18 years has been 6.14% per annum. This is higher than the 5% capital growth appreciation that we typically use when forecasting property values.
On top of this, Hamilton is still relatively affordable and is expected to attract the third-highest level of population growth over the next 20 years (Waikato region).
10/31/2019 • 11 minutes
What Do You Need to Get Started in Property Investment? | Ep. 49
In this episode, we discuss three different thresholds you need to meet in order to get started in property investment. This content comes from an article that Andrew recently wrote for Juno Investment magazine, which will be released as part of the next issue.
After sharing the three thresholds, Andrew then shows how you can break the rules and invest anyway.
These three thresholds are:
$90,000 NZD in useable equity within the property. That's $90,000 of money you can take out against your home, which is different than equity
$50-$100 per week that you can contribute to topping up the mortgage of the property
A team of people who can guide you through the process.
There are several strategies you can use to break these rules, which we go through in the episode.
To find out more about property investment, head to the Opes Partners website to read the Epic Guide to Property Investment, the most comprehensive guide to property investment in the country which is freely available on the internet.
10/30/2019 • 10 minutes, 40 seconds
Do New Builds or Renovations Give the Highest Return on Investment? | Ep. 48
In this episode, we look at whether new builds, or existing renovation projects give the highest return on the capital you have invested. This episode is based on an article that Andrew recently wrote for the NZ Property Investor Magazine.
In the article, Andrew compares a $500,000 new build, with an existing property purchased for $400K and then renovated for $50K (resulting in a renovated property with a $500K valuation). He shows that a new build would require capital of $100K, whereas the existing property would require the investor to risk $170K worth of capital.
While – over a 10 year period – the existing property would net an additional $64K worth of returns, as a percentage of the capital risked it returns a lower ROI. The new property nets 291% ROI, while the existing property returns 209% over the 10 year period.
If you are interested in learning more about property investment in New Zealand, then head to the Opes Partners website to read the Epic Guide to Property Investment in NZ. This is the most comprehensive, free guide to investing in property on the internet.
10/29/2019 • 11 minutes, 37 seconds
Should You Be Able to Use KiwiSaver For Investment Property? | Ep. 47
In this episode, we discuss a recent idea that has been suggested by the Interim Retirement Commissioner – should you be able to use your KiwiSaver to buy your first investment property (if you don't already own another property).
This is an important topic because we know that some groups in NZ are finding it hard to get onto the property ladder – and yet the NZ superannuation was never meant to support accommodation costs, it was always assumed that these would be sorted.
However, only 20% of Pacifica people own their own home, and only 35% of Maori own their own home. This is much less than their Pakeha counterparts. And we know that the majority of Pacifica people live in Auckland, where house prices are relatively unaffordable.
We add our support behind the idea of using KiwiSaver to buy investment property, because: a) it means that you don't need to buy in the same city that you live in. This means that people struggling to buy in their home city can still access the property market, and b) because it means that multiple people can pool their KiwiSaver – so that four people could pool their KiwiSaver's to buy an affordable 2 bedroom unit. This means that it would be much more affordable for these people to access the property investment market.
If you are interested in learning more about property investment, then head to the Opes Partners website where you can read the Epic Guide to Property Investment in NZ, this is the most comprehensive guide to property investment in NZ.
10/29/2019 • 8 minutes, 13 seconds
How to Withdraw Your KiwiSaver | Ep. 46
In this episode – our last with Clara Kim from the Juno KiwiSaver Scheme – we discuss how to withdraw your KiwiSaver from your provider. This is very simple but slightly different based on the reason for your withdrawal (whether for your first home or for retirement).
The other way you are able to withdraw your KiwiSaver is through an application for financial hardship. This is significantly more difficult and complex, which is the reason it was not discussed.
To find out more about property investment, head to the Opes Partners website.
Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.
10/27/2019 • 7 minutes, 15 seconds
A Guide to KiwiSaver Funds | Ep. 45
In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. In the show, we discuss the different types of KiwiSaver funds that you can typically invest in.
These include Conservative, Balanced and Growth funds. We detail the different asset classes that each of these would typically hold, as well as the growth rates we'd expect each fund to have, before going into the final returns we'd expect an investor to generate over 35 years (starting at age 30, and retiring at 65).
To find out more about property investment, head to the Opes Partners website.
Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.
10/26/2019 • 12 minutes, 26 seconds
How to Make $108K Extra in KiwiSaver | Ep. 44
In this episode, we are joined by Clara Kim, educator at the Juno KiwiSaver Scheme. In the show we talk about a campaign that Juno is currently running – the $108K payday.
The purpose of the campaign is to bring New Zealander's attention to the size of the fees charged by some KiwiSaver providers. We discuss the different models KiwiSaver providers use to charge fees, and the impacts that has on your potential returns.
We then discuss what to look for, generally, in a KiwiSaver provider.
To find out more about property investment, head to the Opes Partners website.
Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.
10/25/2019 • 11 minutes, 9 seconds
What do Kiwi Teens Ask About Money? | Ep. 43
In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. Clara travels around New Zealand schools talking to Kiwi teens about money.
In the show, we discuss the questions she gets asks: from Kiwi teen boys, Kiwi teen girls, and the questions she asks them back.
To find out more about property investment, head to the Opes Partners website.
Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.
10/25/2019 • 10 minutes, 42 seconds
The Basics of KiwiSaver | Ep. 42
In this episode, we are joined by Clara Kim from Juno Kiwisaver for 5 episodes all about KiwiSaver. In the show, we discuss KiwiSaver contributions, why you need to be in KiwiSaver and why the KiwiSaver scheme was launched in the first place.
To find out more about property investment, head to the Opes Partners website.
Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.
10/24/2019 • 8 minutes, 53 seconds
Market Update and Doubting Data | Ep. 41
In this episode, we give an update on the NZ property market based on the REINZ monthly update. Median house prices are up 6.6% on the last year, but there is significant variation around the country. Manawatu-Wanganui us up 24.1%, but Auckland is only up 0.2% and the West Coast is down 7.5%.
We also go into depth about how median house prices are calculated and what they mean (and what they don't mean).
As usual, if you want to learn more about property investment, head to the Opes Partners website.
10/23/2019 • 11 minutes, 44 seconds
Which Suburb Had The Most Growth Over the Last 18 Years? | Ep. 40
In this episode, I (Ed) quiz you on which suburbs had the highest and lowest growth over the last 18 years (Jan 2000 to Aug 2018). This is both in terms of percentage and dollar growth. The results really will surprise you.
I also discuss some of my thinking about what I thought the results would be before and after knowing the answers, and where I got my initial guess wrong.
To learn more about property investment, head to the Opes Partners website.
10/21/2019 • 11 minutes, 37 seconds
Why Your Spending Won't Go Down In Retirement | Ep. 39
In this episode, we are again joined by Dean Blair from FoxPlan and we talk about why your spending won't go down in Retirement. When speaking with people nearing retirement, part of their plan is often to reduce their spending – perhaps often to spend half as much as they currently do.
The issue is that we spend more during the weekends and when we are on vacation. Retirement is the longest vacation of your life. This is why building wealth and preparing is so important.
To learn more about property investment, head to the Opes Partners website.
10/21/2019 • 9 minutes, 13 seconds
Queenstown Property Market Update | Ep. 38
In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss the Queenstown Property Market.
Queenstown has a unique property market due to the impact of tourism and its landscape. The lake and high mountains reduce the amount of land available for housing in central Queenstown, and hotels with big pockets crowd out some land that could otherwise be used for housing.
Because the economy is primarily driven by tourism, most young people are working in low-paid hospitality, making it hard for them to enter the housing market. And high building costs continue to push house prices higher.
If you want to learn more about property investment, head to Opes Partners website.
10/19/2019 • 14 minutes, 4 seconds
Can You Get An Interest Only Loan Forever? | Ep. 37
In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss whether you can get an interest-only loan forever.
The general rule of thumb is that an interest-only loan period will run for 5 years. At the end of those 5-years you can apply for another 5-year period.
However, the bank will always consider whether you can afford the higher principal and interest payments once the interest-only period has finished. This is because once the interest only period has finished you will need to pay off the principal of the loan over the remaining period.
For instance, if you took out a loan on a 30 year term and went interest only for the first 5 years, you would need to pay down the principal in the remaining 25 years after the interest only period has finished.
We also discuss interest only mortgage calculators, and why investors use them i.e. to limit the contributions they need to make to the property.
10/19/2019 • 10 minutes, 28 seconds
Why You Might Not Get a Mortgage – Even If You Can Afford It | Ep. 36
In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss that even if you think you can afford a mortgage at the current interest rates, the banks may not approve your application.
The reason is that banks have higher servicing 'tests' that they run your mortgage application through. This means that even if you go on a 3.65% interest-only loan, they will test you on principal and interest at 6.95% in some cases.
We discuss ways to combat this, and also what it all means for property investors and first home buyers.
If you want to learn more about property investment, head to Opes Partners website.
10/18/2019 • 8 minutes, 12 seconds
What Happens If Interest Rates Spike? | Ep. 35
In this episode, we are joined by Josh Graham from Roost mortgages. In the show, we answer the questions we received from the audience at our recent Queenstown property investment seminar.
Here, we discuss what happens if interest rates were to spike. We start off detailing the reasons why we think interest rates are not likely to go up in the foreseeable future, before talking about how you can structure your investment properties and finances to protect against this eventuality.
Of course, if you are keen to learn more about property investment, then head to the Opes Partners website.
10/16/2019 • 9 minutes, 8 seconds
Is It Cheaper to Use a Floating Interest Rate? | Ep. 34
In this episode, we are joined by Josh Graham from Roost mortgages. In the show, we answer the questions we received from the audience at our recent Queenstown property investment seminar.
Here, we discuss whether it is cheaper to use a floating interest rate, rather than a fixed interest rate. The short answer is no. However, there may be a reason that some property investors or first home buyers might use a floating interest rate for a portion of their loan.
Of course, if you are keen to learn more about property investment, then head to the Opes Partners website.
10/16/2019 • 10 minutes, 26 seconds
What Side of The Table Is Your Advisor On? | Ep. 33
In this episode, Dean Blair and Ed discuss who's best interests your advisor really has in mind. Traditionally, investment companies attract customers based on free advice. Advisors would then earn their income from receiving a commission if their clients purchased a specific product.
Dean explains why this has meant that even well-meaning advisors will be seated on the opposite side of the table to the client, representing the best interests of their company and products.
The alternative is fee-for-service advice, where customers pay a fee to their advisor, thus freeing advisors from needing to recommend a specific product. This is what we mean by sitting on the same side of the table as your advisor.
To learn more about property investment in New Zealand, head to the Opes Partners website.
10/12/2019 • 14 minutes, 22 seconds
What Should A Retirement Plan Look Like? | Ep. 32
In this episode, Dean Blair and Ed discuss what a good retirement plan actually looks like. So often in the podcast, we discuss the need for a plan, but not what one contains.
As an Authorised Financial Advisor, Dean spends a lot of time helping people create exactly these sorts of plans. And in this episode, he shares that a FoxPlan retirement plan addresses three area or circles:
1) The Bank (day to day cashflow)
2) Asset and Wealth Accumulation
3) Risk Mitigation
We delve into each of these and consider how they work together. This is what we mean by total financial planning.
To find out more about property investment, head to the Opes Partners website.
10/12/2019 • 13 minutes, 5 seconds
Is It Too Late To Sort Out Your Retirement? | Ep. 31
In this episode, Dean Blair from FoxPlan joins us again to talk about whether it is too late to start sorting out your retirement plan. We agree that while it's never too late to get it sorted, the plans and tactics you use will be different based on your age and situation.
The key part of any retirement plan is understanding the risks you are taking and clearly seeing your options.
For more information about property investment in New Zealand check out the Opes Partners website.
10/12/2019 • 8 minutes, 1 second
Don't Be Dumb With Your Money | Ep. 30
In this episode, we welcome special guest, Dean Blair from FoxPlan to the show. During the show, Dean shares his personal story of how he was dumb with his money in his early days and how it affected him. He has now made it his mission to better help Kiwis make smart financial decisions.
Dean will be joining us for a series of 5 episodes, where we'll talk about creating a wholistic financial plan.
To learn more about property investment, head to Opes Partners website.
10/10/2019 • 10 minutes, 6 seconds
Jackson Asks: When You Die Will I Get Some of the Properties | Ep. 29
In this episode, we discuss another question posed by our youngest listener – Jackson ... "when you die, will I get some of the properties?" This is an important question because one of the key reasons people get started in property investment is to build inter-generational wealth ... and leave an enduring legacy for their children.
We discuss the need to set up wills, enduring power of attorneys, and the need to have proper insurance and risk mitigation programmes in place.
If you would like to find out more about property investment head to the Opes Partners website.
10/9/2019 • 9 minutes, 47 seconds
What To Look For In A Rental Property | Ep. 28
In this episode, we discuss what to look out for in a rental property. And it starts with understanding the type of investor that you are first – whether you are looking for capital growth or whether you are looking for yield.
If you're looking for yield, you'll realise that there are different tenancies that you could go for, each with their own benefits and drawbacks. We discuss room by room tenancies and Air BNB. These types of tenancies are going to be higher yield, but in order to access that you'll need to look for a very specific type of property.
If you're interested in learning more about property investment check out the Opes Partners website.
10/7/2019 • 7 minutes, 13 seconds
Maintenance – Fears That Stop People Investing | Ep. 27
In this episode, we discuss maintenance. One of the biggest complaints landlords receive from tenants is deferred maintenance. That's where tenants have reported maintenance issues and they haven't been actioned by the landlord.
The issue with maintenance is that it is hard to plan for. You don't know when things are going to break, what's going to break and how much it's going to cost. The only way to combat this is to budget and plan for it accordingly.
For more information about property investment, head to the Opes Partners website.
10/7/2019 • 10 minutes, 14 seconds
Jackson Asks: What Do You Do If You Don't Like Your Tenants? | Ep. 26
In this episode, we discuss what do you do if you don't like your tenants. And we move on to speak broadly about tenancy law in property investment. This episode was inspired by one of our youngest listeners, 7 year-old Jackson, who asked his Mum what to do in this situation.
We cover the idea that your relationship with your tenant (as a landlord) is not a personal relationship, it is a business relationship, so it doesn't really matter whether you like them or not. What matters is whether they comply with the agreement you have in place and with the regulations under the Residential Tenancies Act.
For more information about property investment, head to the opes partners website.
10/5/2019 • 9 minutes, 49 seconds
Vacancy – Fears That Stop People Investing | Ep. 25
In this episode, we discuss one of the key fears that stops people from investing in property – vacancy i.e. the fear of not having a tenant. This is a fear we often see. If a landlord doesn't have a tenant then they need to cover the costs of owning an investment property entirely by themselves – the mortgage, rates, property management, insurance and maintenance. This would be crippling for many prospective Mum and Dad investors.
We walk through why this fear is often more imagined than real. And the strategies that can be used by regular investors to curb vacancy.
For more information about property investment, head to the Opes Partners website.
10/5/2019 • 10 minutes, 37 seconds
Should You Follow The Headlines In Investment Property? | Ep. 24
In this episode, we discuss whether you should get your investment ideas and strategies for where tho invest from the headlines.
We talk through the fact that by the time the newspapers are writing stories about high growth areas, it is often too late. And we discuss that for Buy and Hold investors, it is more important to look at a market's fundamentals rather than following the quicks wins that are often depicted in the media.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
10/3/2019 • 10 minutes, 24 seconds
The Main 2 Investment Strategies You Can Use | Ep. 23
In this episode, we discuss that there are only 2 core property investment strategies: Buy and Hold, and Flipping. Most other strategies people use are variations of the two.
Buy and Hold investing is the 'get rich slow' strategy, where you buy an investment that you forecast will increase in value over time. Flipping is where you buy a property that is a bit 'run down' and then renovate it to increase its value.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
10/2/2019 • 7 minutes, 31 seconds
NZ Parents Would Rather Talk About Drugs Than Money With Their Kids | Ep. 22
In this episode, we discuss a study that was conducted by the Commission for Financial Capability as part of Sortd Money Week in September 2019. The study showed that parents would rather talk with their kids about sex and drugs, rather than money.
Parents would rather cover drugs (26%) and alcohol (27%) than tell their children how much they earned (14%) or talk about the risks of personal loans (12%).
We discuss why this is such a problem for New Zealand, and out advice for what you should do about it.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
10/2/2019 • 7 minutes, 27 seconds
Interest-Only Mortgages | Ep. 21
In this episode, we discuss why interest-only mortgages are the preferred loan used by property investors.
We discuss how interest-only loans help you build your portfolio more quickly than using a principal and interest loan. And further, whether the banks are still lending on interest-only.
To find out more about interest-only mortgages and property investing, head to our epic guide to property investment.
9/30/2019 • 7 minutes, 40 seconds
Rolleston – Should You Invest? | Ep. 20
In this episode, we question whether the suburb of Rolleston makes a good investment option. Rolleston is the largest town in the Selwyn District and is a 30-minute drive to Christchurch.
Rolleston was dubbed the "city of the future" for many years. It seems as if it is coming true. The town has had 12% annual population growth over the last 15 years, which is projected to continue.
It also is an affordable option for investors, with median house prices around $50,000 less than neighbouring Lincoln (now Selwyn's second-largest township).
Read the whole transcript and find out why Rolleston makes a good property investment.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/29/2019 • 10 minutes, 57 seconds
Buying Your First Investment Property is Scary | Ep. 19
In this episode, we discuss how it's scary buying your first investment property. So don't feel bad if you're freaking out buying your first investment property too.
We go through our personal investment stories and walk through what it was like when we made our start.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/28/2019 • 8 minutes, 38 seconds
How to Pay Off Your Mortgage Faster With Investment Property | Ep. #18
In this episode, we discuss 2 potential strategies you can use to pay off your mortgage faster, using investment property.
Both strategies involve leveraging your existing home to purchase an investment property. In essence, this means using the house to pay for itself.
In the first strategy, you purchase a capital growth property, which will go up in value quickly, though will also require a cash top-up each week. Once enough equity has built within the investment property, you sell it and use the proceeds to pay down your mortgage.
The second involves purchasing a cashflow-positive property and using the profit to pay the bank back more quickly.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/28/2019 • 7 minutes, 40 seconds
5 Reasons Why Your First Home Mortgage Might Be Declined | Ep. #17
In Episode #17, we discuss the 5 reasons why your mortgage application for your first home might be declined.
Not enough of a deposit
Not able to afford the mortgage
"Poor account conduct"
Bad credit rating
Not being with the bank you're applying to.
Have one of them, you may be ok. Have 2 or more and it could be bad news.
We also talk through how to work your way through these, if you any of these apply.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/26/2019 • 9 minutes
Should You Buy The House Down The Street As An Investment? | Ep. #16
In Episode #16, we discuss whether it is the right financial decision to purchase the street that is just down the road from you. We touch on why it may be better to diversify your risk across multiple areas of a city – or across several cities.
This means that all your eggs aren't in one basket. We also touch on the fact that it is often better for your investment to be out of sight and out of mind so that it doesn't stress you out. This means that you're less likely to sell early.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/25/2019 • 7 minutes, 42 seconds
Should You Use Airbnb in Property Investment? | Ep. #15
In Episode #15, we discuss AirBnbs, and the benefits and drawbacks of using your investment property for Airbnb only, rather than tenanting the property.
Andrew specifically walks through an example of the "sleep test" where, if you are struggling to get to sleep because you're worried about whether there will be bookings, then Airbnb is probably not a good option for you.
We also discuss that while Airbnb can produce better cashflow returns than a standard tenant, it does come with higher costs and more uncertainty, which some investors may not be willing to accept.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/24/2019 • 9 minutes, 23 seconds
Are Property Investors Greedy Psychopaths? | Ep. #14
In Episode #14, we discuss whether property investors are "greedy psychopaths". Ed recently had an article published in Stuff, New Zealand's largest news website. One commenter wrote, "property investment (speculation really) is a cancer on society by greedy psychopaths."
We touch on that without property investors, many New Zealanders wouldn't have a place to live, since investors provide accommodation to renters.
Far from being greedy, we discuss how many property investors are using investment property to save for their retirement. This means that they don't have to rely on New Zealand superannuation alone.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/23/2019 • 8 minutes, 15 seconds
What Ring Fencing Means for Investors | Ep. #13
In Episode 13, we discuss Ring Fencing. This is a new piece of legislation that stops New Zealand property investors from claiming tax benefits they were previously entitled to.
Under the previous regime, if a property investor made a tax loss each year, the investor could subtract the loss from their income tax. This meant that they could claim a tax refund on the additional tax they had already paid.
This money would then be used to pay down the cash losses associated with the investment.
Investors can no longer do this. Which is why we give 3-4 different strategies that property investors can use to combat this legislative change.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/22/2019 • 10 minutes, 51 seconds
Why You Should Cheat On Your Bank | Ep. #12
In Episode 12, we discuss split banking. Split banking is the process of using multiple banks, rather than just a single bank.
Split banking means that you can protect your assets, control the proceeds of any sales you make, and potentially borrow more. This means you can grow your wealth and your portfolio faster.
Andrew also shares a story of clients who didn't use split banking and got stung because of it.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/22/2019 • 8 minutes, 16 seconds
What KPMG's Magnet City Report Means For Investors | Ep. #11
In Episode 11, we discuss KPMG's Magnet City report. Written in 2015, the global report introduces the concept of the Magnet City, a city that is expected to attract population growth of a particular type of people – young wealth creators.
Young wealth creators are those who will start businesses and create jobs, which improves the economy of a region.
This is important for property investors because magnet cities will make good property markets – they have growing populations of young people with higher than average incomes.
Read our analysis of the Magnet City Report and its implications for the Christchurch property market.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/20/2019 • 5 minutes, 45 seconds
Don't Be Afraid Of Investing In a Flat Market | Ep. #10
In Episode 10, we discuss why you shouldn't be afraid of investing in a flat property market, where prices aren't increasing.
Andrew quotes Warren Buffet: "be fearful when others are greedy and greedy when others are fearful." And we talk through that investing in a market when prices are already going up means that another property owner receives the gains you might have achieved.
Although we're not suggesting you should invest in every and any flat market, we are suggesting that you shouldn't be automatically fearful.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/19/2019 • 7 minutes, 10 seconds
Why Use a Mortgage Broker? | Ep. #9
In Episode 9, we discuss all the reasons why you would – and should – use a mortgage broker. That's whether you're a first home buyer or a property investor. You may look around on the internet and look for a mortgage calculator, and then think you don't need a mortgage broker. However, mortgage brokers do more than just calculate your mortgage.
Mortgage brokers are your representative to the banks, and will go on your behalf to negotiate with multiple banks for you.
The key point to note is that mortgage brokers are your side. That's because they don't charge you anything, and only get paid when they secure the loan for you. That means they are incentivised to get the lending you want from the banks.
9/18/2019 • 5 minutes, 26 seconds
5 Sources First Home Buyers Can Use For Their Deposit | Ep. #8
In Episode #8, we walk through the five sources first home buyers can tap into to pull together their deposits. The five sources are:
KiwiSaver
The Home Start Grant
Savings
The Sale of Existing Assets
The Bank of Mum and Dad
We also go through how to start tapping into each of these sources and some of the restrictions, rules and regulations around the government sources.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/17/2019 • 10 minutes, 3 seconds
The Difference Between Equity and 'Useable Equity' | Ep. #7
In Episode #7, we discuss the difference between equity and useable equity + how that impacts your ability to become a property investor.
Most people become first-time property investors by leveraging their own homes to secure the deposit for their investment.
In the episode, we discuss the way to do this: 1) take out a separate loan against your own home, 2) use the money from that loan as a cash deposit to secure a secondary loan from another bank, 3) use the two loans together to fund the full purchase price of the property.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/17/2019 • 7 minutes, 5 seconds
Investing In New v.s. Old/Existing Properties | Ep. #6
In Episode #6, we discuss the differences between investing in brand new properties or properties that have already been lived in before (existing properties).
We specifically discuss the differences in what banks will lend you towards each type of property and the level of deposit you need for each.
We also discuss the differences in tenants you might get, and why the decision actually depends on the investment property strategy you want to run with.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/15/2019 • 7 minutes, 52 seconds
How Much You Need To Get Started | Ep. #5
In Episode #5, we talk about how much you need to get started in property investment (and first homes).
This topic came from an audience member who was on our website and specifically asked how much they need to get started.
We've previously talked about the percentage amounts that people need to get started, but here we start to talk about the actual dollar amounts required.
In the episode, we recommended looking at median house prices in your region to get a feel for what the average property costs. Here is the best place to look: https://www.interest.co.nz/charts/real-estate/median-price-reinz
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/14/2019 • 6 minutes, 59 seconds
What The KiwiBuild Reset Means For First Home Buyers | Ep. #4
In Episode #4, we talk about the Labour government's recent KiwiBuild Reset and what this means for First Home Buyers.
We talk about the Welcome Home Loans, where First Home Buyers now only need a 5% deposit to purchase a house (terms and conditions apply).
We go through what those terms and conditions are, and touch on why property is more affordable now than it was a few years ago ... even though house prices have increased.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/13/2019 • 6 minutes, 49 seconds
How Much You Can Make In Property ... The Returns From Real Estate Investing | Ep. #3
In Episode #3, we talk about the returns you can expect to get from property and real estate investing. We also compare these returns to other types of investments.
We talk about the concept of leverage. We touch on how you can use the bank's money to purchase a property ... and then keep all the profits as the house increases in value.
We then speak about why property is one of the only asset classes where you can get '2 bites of the cherry.' You get rent from the tenant, and then the benefit of capital gains when the property increases in value.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/12/2019 • 6 minutes, 58 seconds
NZ's Retirement Gap ... The Financial Equivalent of Climate Change | Ep. #2
In Episode #2, we talk about the retirement gap, which is the significant gap between what Kiwis want to live on in retirement, and what they're actually on track to have.
The World Economic Forum, recently said that ageing populations and lack of savings are "the financial equivalent of climate change".
We also cover why the retirement gap exists, how New Zealand's population is changing, and why many people in most rich countries will outlive their money by more than a decade.
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/12/2019 • 9 minutes, 12 seconds
Why We're Starting a Podcast + What We Hope to Achieve | Ep. #1
In Episode #1, we talk about why we're starting a podcast. And that reason is that Kiwis love talking about property, they love thinking about the property market. But, they don't necessarily know how to get the most out of it.
That's shown by the number of pre-approvals for mortgages that New Zealanders get from mortgage brokers ... that don't end up getting used. That means that as a country, we're going out and saying we want to do something, but not always following through.
We also introduce ourselves (andrew and Ed) and our backgrounds, then touch on why we think anyone should both listening to our advice at all.
We finish off by delving into why we've decided to release a short, 5 to 10-minute podcast every single day (or at least that's the plan!).
To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.
9/10/2019 • 6 minutes, 5 seconds
Should You Listen to the Property Academy Podcast?
In this trailer, we tell you exactly what you can expect if you choose to listen to the Property Academy Podcast
