Property Academy Podcast

How long will interest rates stay low?
 
Check out this excellent explanation by the team at OPES Partners on their latest podcast episode. They break down the recent announcement from Adrian Orr, which went mostly unreported, but has some significant clues in it.
 
Well worth the listen. CLICK HERE FOR ALL OF GOOD STUFF
 
And this podcast is a brilliant resource in general, if you are not subscribed go and jump on it!
 
😎
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Investor Mistakes: Negative Cashflow Property Investments

Here's a radical thought: An Investment should pay US, not us pay IT

Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.

 
 

Stuff-It-Up Strategy

When you think about investing, do you get really excited at the thought that you can LOSE money every week?

Well, you are not alone. People have been doing this for years in New Zealand and thinking it’s a great idea.

They purchase a property and the rent does not cover the costs of owning it.

“Which costs?” you ask. Good question. Things like: Mortgage interest and principle repayments, Land rates, Water rates (in some cases), Body Corporate fees, Insurance, Property Management fees, and maintenance to name the most common ones.

An example of this type of property would be:

Purchase price: $700,000

Rent per annum: $30,000 ($600 per week x 50 weeks, allowing for two...

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Property Investor Mistakes: Overcapitalizing on your renovation project

Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.
 
Property Investment Mistakes: Overcapitalizing on your renovation project
 
One of the biggest mistakes I see investors make is overcapitalizing when renovating properties, both trading and within their buy-and-hold portfolio.
 
And yes, I am guilty of falling into this trap over the years as well.
 
It is funny because everyone is so objective when it is not their property, however, the minute they have ‘skin in the game’ the emotional attachment seems to set in. Suddenly, the matter-of-fact demeanour of sticking to the budget can morph into a splurge here and a splurge there when it is their own property.
 
It is not so much the extra $20 for a light shade that matters, but when you add up 10 of those throughout...
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