In the current New Zealand housing market, it’s difficult not to notice that house prices are the lowest they’ve been in a long time, even though interest rates remain high. Economists predict that the end of the housing downturn may be in sight, and so you may be wondering, is now a good time to buy an investment property or second home in the current market.
When buying a new build, whether for an investment property or your family home, it pays to be cautious. As the housing market cools, it has become obvious that some building companies have bitten off more than they can chew and cannot fulfil their duties as to the costs, timeframes or builds promised to their home buyers.
Learn some considerations before you renovate your existing home with a mortgage top-up or upgrade to a home that better meets your needs but has a larger mortgage.
Learn about each team member you’ll need on your property investment team and what part they play. Property investment is like a team sport. Your success or failure will largely depend on who’s on your team.
Learn how to grow a passive income through property investment. Your property investment strategy needs to include a clear plan for how you’re going to turn your investment into cashflow.
Many people want to build a property portfolio as fast as possible. But with the potential for big reward comes three common mistakes when building this portfolio. Learn what these mistakes are and how to avoid them when it comes to building your property portfolio.
Learn about why new builds make the best rental properties. We talk about the pros such as meeting the healthy homes standards, less maintenance, interest deductibility and more.
Learn about the 7 steps to start investing in property for retirement. We help determine whether property investment is right for you, how to calculate usable equity.
Learn about what specific renovations add value to your home. Understand what areas you should put the most money into to achieve the maximum payout when you finally sell your property.
Learn the difference between what a positively geared rental property and a negatively geared rental property is and how this affects your rental income.
