Case Study: A Juicy Property Investment Joint Venture.

In this session Sally and James share the details of a trade which involved: 

  • Purchasing from another Trader (gasp!)
  • Working with a Joint Venture partner, and
  • Completing a full renovation in 4.5 weeks

Watch it for free (because we love you) HERE: 

 

Ooh, by the way, every investor needs a good accountant who understands property investment! We recommend Glynis Carter at Monteck Carter, she is our own accountant and is brilliant. Assetlab community get a very special deal so let Glynis know you are from Assetlab.

You can contact her HERE.

Any questions? Ask away on the Facebook Forum.

Now are you excited to get out there and start investing...

 

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can...

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Arn's property deal of the century! How to lose $100k+!

This goes to show 'Experience is the best teacher'. Except for a teacher who has the experience...Like Arn Mehta, one of Assetlab's coaches and directors. 

Property investment in New Zealand isn't all sunshine and rainbows. Check out the valuable lessons here (it could save you $100,000). 

 

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can help you with our selections of programs and coaching options.

Check out the incredible value in the Assetlab Masterclass HERE

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Sally's latest Property Investment project

Hear what Assetlab coach, Sally (one of our resident property trading and renovation legends), is up to on one of her latest projects in her own backyard!

Check it out by CLICKING HERE

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can help you with our selections of programs and coaching options.

Check out the incredible value in the Assetlab Masterclass HERE

Continue Reading...

FREE VIDEO: The Power of Knowledge for Property Investment Success

Check out AssetLab coaches Arn and Sally on 'The Expert Series'. It contains some beautiful pearls of wisdom that might spark something in you, inspire you to create an action plan sooner rather than later for your financial freedom. 

Enjoy!

 

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can help you with our selections of programs and coaching options.

Check out the incredible value in the Assetlab Masterclass HERE

Continue Reading...

The '3 R's' of Property Success!

Location, Location, Location? Is that it?

Nope.

Here's Assetlab Director, Arn Mehta, breaking down the '3 R's'...

CLICK HERE TO WATCH THE 2-Minute Video

What do you think?

 

 

When you are ready, here’s how we can help you succeed:

Join our Facebook page for free training, updates, and chat.

Join us at an upcoming course or workshop. Subscribe to stay in the loop or check out our homepage: Events on our Homepage.

Get in touch for a chat about how we can help you with our selections of programs and coaching options.

Check out the incredible value in the Assetlab Masterclass HERE

Continue Reading...

Airbnb: All but dead?: Steve Goodey

Airbnb: All but dead?

I wrote an article about moving my Petone, Lower Hutt 3 bedroom property from a long term rental to a holiday rental on Airbnb a few weeks ago.

https://www.stuff.co.nz/business/117932670/property-investor-my-house-makes-extra-1100-a-month-on-airbnb

I took the house from being rented at $700 per week ($36,400 pa) to getting $5,500 per mont from airbnb and booking.com ($66,000).

Some what astounding figures when you think about it but you need to consider the reality too that I’ve been paying $1,100 per month in cleaning fees, toilet paper, power and maintenance that’s over a above the previous arrangements.

I’d say in all reality my profitability is probably up by $800 per month or $9,600 pa, which really just makes it boarder line as to being worth doing or not.

 

What you need to consider is the cost of furnishings, the time it takes to...

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The best spend when renovating for profit: Steve Goodey

The best spend when renovating for profit

Quite often, I am asked what my “top 5 tips” are for renovations and where you’d get the most bang for buck. This is a hard question, because it largely depends on what each property needs.

I tried to answer the question the best I could, in an article I wrote for Stuff.co.nz a few months ago.

https://www.stuff.co.nz/business/117778203/heres-what-to-invest-in-if-you-want-your-renovations-to-put-money-in-your-pocket

Although the market has changed significantly since then, the advice still stands the test of time.

 

 

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LVR restrictions are gone – what it means to you: Steve Goodey

Original article here: https://www.stevegoodey.com/lvr-restrictions-are-gone-what-it-means-to-you/

Every commentary at the moment, is talking about the Reserve Bank getting rid of the Loan to Value Ratio restrictions.

People are saying it is a good thing for the market, but nobody has yet to explain why.

What does this mean for the investor and for the market as a whole? Is this move enough to “save” the property market from the impending recession?

 

So I grabbed some paper and tried to map out how it would actually pan out for the average property investor with a home plus two rentals. I discovered some interesting results.

I’d appreciate hearing what impact you think this will have – so post something back on Facebook and tell me how you see this going down.

  • Full credit to my cameraman/eldest son for the steady camera work.
 

 

 

 
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Six Rules to kicking Ass in Life: Steve Goodey

6 Rules to Kicking Ass in Life.

Six Rules to kicking Ass in Life:

 

1, You are your only competition, everyone else is either there to help or slow you down.

 

2, Earn, save then invest then spend.

 

3, Avoid people who are negative sap your time or energy or add no value.

 

4, If you don’t go after it don’t be shocked when you don’t get it.

 

5, Any failure is one more failure closer to your goal.

 

6, Those habitual things you do every day will decide your future.

 

Agree? Disagree? Did I miss any?

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Save your short term rental: Steve Goodey

Save your short term rental

Original Article here: https://www.stevegoodey.com/save-your-short-term-rental/

If you found this information useful please share it to help other investors.
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Statistics show that 1 in 5 guests who visit New Zealand stay in Airbnb accommodation. That amounts to 8.8 million nights or 18 percent of the total short-term accommodation market.

It’s no wonder that the wider short-stay/self-book accommodation market neared $400m in revenue last year in New Zealand Alone.

That was of course until New Zealand closed for business this March, effectively ending the international tourist market for the foreseeable future.

Large numbers of short term accommodation suppliers, myself included, had 100% of their future bookings cancel in a few short days. The only saving grace being that some of us had a fairly robust cancelation policy in place to protect us from last minute cancellations, or so we thought.

Unfortunately for us...

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