Property ExpLained

In this episode, you’ll learn the main differences between a residence associate and a body corporate. Essentially they are the same thing, but they incur different fees and apply to different property types.  And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you'll learn our top 5 places to invest and the reasons why. Picking the right city to invest in is just as important (if not more) than picking the right property. This is why all investors wonder: “Where is the best place to invest in New Zealand right now?” And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on th...

In this episode, you’ll learn what refinancing is, and when it can be the right option for some people. Refinancing is a hot topic at the moment. While interest rates are high, everyone’s out hunting for the best deal possible. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn the 3 strategies you can use to find the right interest rate for you. Interest rates are high. So, a lot of investors ask: “How long should I fix my mortgage interest rate for?” I n an uncertain environment what’s better – the 1, 2, 3 or even the 5-year fixed interest rate? And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the...

In this episode, you’ll learn the 8 things that can go wrong in investment. This isn’t to scare you off (I hope) but rather to make you a more informed property investor. So you can either a) avoid these traps or b) have a game plan ready for when they do. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn why landlords are generally advised against meth testing. While many investors think any meth-related activity poses a health risk to tenants,  new research indicates this is not the case. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn about the Mortgage Buster – a way to pay down your mortgage more quickly. Over time, your equity and servicing improves organically. But there is a way to speed up the process, to propel you to your next investment sooner.  And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn all about interest-only loans. Property investors often use an interest only when getting a mortgage. These loans help keep mortgage repayments low and cashflow better. But not every investor can get an interest only loan. Just because you want one … doesn’t mean the bank will give you one. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other inf...

In this episode, you’ll learn the top risks that can happen when you choose to invest in New Build properties. Yes, there are a lot of positives to buying New Builds – but it’s not all plain sailing. Things do go wrong. That doesn’t mean New Builds are a bad investment. But you need to know what could go wrong so that you’re not blindsided when the (un)expected happens. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here...

In this episode, you’ll learn what a capital gains tax is. Right now, there isn’t any plans to introduce a formal tax. But we’ll discuss how it might affect property investors if it comes in. Some Kiwis argue for a capital gains tax, others oppose it. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn where the most affordable rates are in NZ for property investors. Council rates are your largest operating expense as a property investor. But rates vary for each council area. Some areas have very high rates; others don’t charge as much. This means how much you spend on local council taxes can vary widely based on where you invest. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...

In this episode, you’ll learn what sort of yield you should aim for in Auckland. Spoiler alert, it’s probably lower than you expect. And click  ⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn Opes’ top 5 places to invest in the country and the reasons why we’ve picked them. After all, picking the right city to invest in is just as important (if not more) than picking the right property. And click  ⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn what tools are available to help you work out where the flood plains are. You’ll also learn what risk this poses to your property, and how to reduce flood risk when property hunting. And click  ⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn why the affordable 2-bedroom townhouses, is one of the most common investment properties . You’ll also learn some of the pros and cons that go alongside this type of property, and whether it’s the right fit for your portfolio.  And click  ⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn the pros to hiring a property manager versus self managing. Many property investors initially see a property manager as an additional expense. While this is true, there are some additional benefits that may make that fee worth it. And click  ⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn how 'Buy Now, Pay Later' services like Afterpay and Laybuy can stop you from buying property. Buy you’ll also learn how to reverse their effects before submitting your mortgage application. And click  ⁠⁠⁠⁠here⁠⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn what can slow down the process for getting a tenant. Every new property investor wants to know how long it’ll take to find a tenant. But, of course, how quickly your specific property rents depends on several factors. And click  ⁠⁠⁠here⁠⁠⁠  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn what to do if your property falls in value during construction. This scenario doesn’t often play out, but it can happen. No, this doesn’t mean that you’ve made a bad investment decision. But you need to know what could go wrong so you’re not blindsided when the (un)expected happens. And click  ⁠⁠here⁠⁠  to see all the charts and other info in the written article on th...

In this episode, you’ll learn the 8 things you must remember to tell your mortgage broker. It’s not because they’re nosey, but because they need to have a full picture of your financial situation. This means everything you are committed to now, and in the future. Sure, we’re all human and sometimes people forget, or don’t know what to include. But non-disclosure can be hard to come back from, if t...

In this episode, you’ll learn what the Healthy Homes Standards are, and why it can be a $4000 mistake not to comply. These standards are specific and strict. Even if your property was built yesterday – and meets the building code – it may still fail. You’ll also learn the most common areas that fail, and how to most cost effectively fix them.  And click  here  to see all the charts and other info...

In this episode, you’ll learn the difference in price and rent between a property with a garage, a carpark, or neither. This is a really important and common discussion for investors. Why? Because when you're New Build shopping – the car parking situation is often different. And click  here  to see all the charts and other info in the written article on the Opes website.

In this episode, you’ll learn how to fund your retirement using property to generate a passive income. This is the more desirable of the 2 options available to investors. That’s because the income you create is infinite – which means you could *technically* live forever. And click  here  to see all the charts and other info in the written article on the Opes website.

If you’re planning to buy a New Build property, you’ll find yourself navigating one of two contracts: Progressive Payments Turnkey Like everything else, each contract has its own pros and cons. In the end, what’s best for your situation will ultimately decide which one you go for. In this article we’ll outline the 5 key differences between turnkey and progressive contracts, so you can decide which...

In this episode, you’ll learn how debt-to-income ratios will affect property investors and the property market. This is important, because The Reserve Bank will likely introduce DTIs within the next 12 months or so. And click  here  to see all the charts and other info in the written article on the Opes website.