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.

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. 

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.

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.

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.

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. 

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. 

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.

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.

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.  

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.

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.

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.

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.

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.

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.

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.

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.

  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.

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. 

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. 

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.

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.

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.

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. 

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.

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.

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.

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.

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.

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.

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.

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. 

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. 

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. 

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.

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. 

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.

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. 

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. 

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.

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.

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.

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.

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. 

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.

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. 

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.