Four property investment myths that might stop you succeeding: Graeme Fowler

Original STUFF article here

OPINION: I’ve been an investor for more than 30 years now and house prices are something I’ve never been interested in, or paid much attention to.

I’ve never thought “should I buy now?” because I just read a headline to say that prices in my area are soaring.

So many people ask me: “What do you think the market is going to do?”

My answer for the last 30 years has been fairly consistent: I don’t know. I don’t care. Hopefully prices will drop. Why does it concern you? If you did know what was going to happen, what would you do and why?

 

The idea that you can predict what house prices will do at any point in the “cycle” is one of the myths that catches property investors out.

Here are a few others.

Myth Number One.

Generally, investors think that the big cities such as Auckland, Wellington, Hamilton and Christchurch will be better to invest in because they falsely believe that...

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LVR Rules & Policy Changes: How Will it Effect Kiwi Home Buyers?

Original article HERE from our partners at Mortgage Supply Company

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You may have noticed in the media a lot of noise lately around the LVR restrictions being removed completely by the Reserve Bank of New Zealand until 1st May 2021, due to the economic fallout from COVID-19. There's a good reason for the media buzz too - this change marks the end of nearly 7 years worth of LVR restrictions, and has the potential to make home-buyers lives a lot easier when it comes to taking out a bank home loan.

However, there's a lot more to the whole picture than a free-for-all of lending for the next 12 months. Just because banks can lend without restriction doesn't mean they will, and taking out a loan with a low deposit still goes hand-in-hand with a significant amount of risk if not properly planned.

We've put together this blog to hopefully clear up any frequently asks questions around the removal of LVR restrictions, and explain what it really means for Kiwi home...

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Assetlab Property Investment Masterclass is waiting for you!

The most comprehensive and complete training resource for property investment success and enabling your... Security. Legacy. Freedom.

Click here to watch the video now

www.assetlabmasterclass.co.nz

This program contains everything you need to get you to the finish-line regardless of where you are starting today!

Whether you are just beginning your journey or you are a seasoned investor, AssetLab's Masterclass has got you covered from the basic fundamentals and skills to help you develop your understanding and de-risk your first venture, right through to highly complex tactics and strategies to take advantage of all that property development has to offer.

As if that wasn't enough, you become part of a vibrant, active, supportive community of investor who LOVE sharing information, updates, case studies, and helping you get to your goals! We really do have you covered!

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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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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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$47,000 profit in their FIRST Property Trade deal in Auckland!

$47,000 profit in their FIRST Property Trade deal!

In this training video Brandon and Kiri (Assetlab clients) share the details of their first trade deal which put $47,000 in their pocket AFTER all costs and AFTER paying GST and Tax! 

 
 
 
** (This video is an excerpt from AssetLab's Masterclass 'Client Case Study' taken from Module 5 ) **

Click HERE to watch

 

How many of those would you need to do to make a substantial difference to your life? Any questions? Ask away on the Facebook Forum.

Now, learn how to make sure your flip isn’t a flop, and then get trading!

As mentioned in the video: Adam from Top Snap can be contacted at [email protected]

 
 

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...

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FREE VIDEO: Barriers to Success with Property Investment

FREE VIDEO: Barriers to Success with Property Investment

Grab a cup of tea and get ready, this is a full HOUR of solid gold!

 
 
** (This video is an excerpt from AssetLab's Masterclass 'Barriers to Success' taken from Bonus Training Module ) **

 

In this training video Phil, Arn and David discuss the FIVE main barriers to success that hold Investors back.

They dismantle each one of the barriers and dispel the myths that get in the way of people achieving their goals.

Soak it up, and then get out there and plant the financial seeds which will set your future generations up for life!

 

That’s a pretty worthwhile goal huh?

 
 

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...

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Property Renovation Tips and Traps

Everyone makes mistakes!  Learn from the mistakes that Sally and James have made in a career completing hundreds of renovations, as well as the ones they see out in the field on a regular basis.
 
Why? So you can avoid them!
 
 
** (This video is an excerpt from AssetLab's Masterclass 'Renovation Tips & Traps' taken from Module 5 ) **
 
 
There is substantial value in knowing what can go wrong so that you can steer away from it. After all, 'we don't know what we don't know'. This training video is designed to bring you in to 'the know'. 
 
Any questions? Ask away on the Facebook Forum.
 
Now, go and create some equity through renovations!
 
 
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...
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