Finance Update from David Windler at Mortgage Supply Company

Check out the legendary David Windler giving a market update in this ever-changing finance environment! 

Here's all the good oil. 

 

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Battle of the Banks: Insight into NZ's Current Interest Rate Wars: Mortgage Supply Co

Original article Here

bank-wars-interest-rates

In reaction to the speculation that the official cash rate and OCR may drop below zero in the months to come and the bid to win the business of Kiwi home buyers as the country recovers from COVID-19, we've seen the banks enter what looks like an interest rate war.

In fact, just last week ASB made the move to offer a record-breaking low two-year fixed rate of 2.69%, and Kiwi Bank responded to the forecast change by offering a one-year rate of 2.65%. These rates have literally never been seen before, even considering back in '08 after the GFC when interest rates plummeted by around 3% (from 8.6% to 5.9% fixed) the competitive and reactive environment we're witnessing now is utterly unprecedented.

So what's the reasoning behind the extremely low interest rates and New Zealand Bank wars? Well, ASB executive manager of retail banking, Craig Sims, stated;

"This has been a difficult time for a lot of our customers. While we have put in place a number of support...
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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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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

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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

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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

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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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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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