The Property Academy Podcast

In this episode, we discuss the process of actually buying an investment property – after you've found the specific property that you want to buy. This includes the reports you need to get, the clauses that need to be negotiated, the back and forth that occurs when negotiating the price, and picking up the keys.  There are over 150 different steps that make up the property buying process, and...

In this episode, we discuss whether Hamilton is a good place to buy an investment property . We specifically discuss the amount of infrastructure investment that is currently occurring in Hamilton. This includes the Ruakura Inland Port, The Waikato Expressway, and the value of assets held by the local iwi – Waikato Tainui. We discuss that the average rate of median house price growth value in Hami...

In this episode, we discuss three different thresholds you need to meet in order to get started in property investment. This content comes from an article that Andrew recently wrote for Juno Investment magazine, which will be released as part of the next issue.  After sharing the three thresholds, Andrew then shows how you can break the rules and invest anyway.  These three thresholds ar...

In this episode, we look at whether new builds, or existing renovation projects give the highest return on the capital you have invested. This episode is based on an article that Andrew recently wrote for the NZ Property Investor Magazine.  In the article, Andrew compares a $500,000 new build, with an existing property purchased for $400K and then renovated for $50K (resulting in a renovated...

In this episode, we discuss a recent idea that has been suggested by the Interim Retirement Commissioner – should you be able to use your KiwiSaver to buy your first investment property (if you don't already own another property). This is an important topic because we know that some groups in NZ are finding it hard to get onto the property ladder – and yet the NZ superannuation was never...

In this episode – our last with Clara Kim from the Juno KiwiSaver Scheme – we discuss how to withdraw your KiwiSaver from your provider. This is very simple but slightly different based on the reason for your withdrawal (whether for your first home or for retirement).  The other way you are able to withdraw your KiwiSaver is through an application for financial hardship. This is significantly...

In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. In the show, we discuss the different types of KiwiSaver funds that you can typically invest in.  These include Conservative, Balanced and Growth funds. We detail the different asset classes that each of these would typically hold, as well as the growth rates we'd expect each fund to have, before going into the...

In this episode, we are joined by Clara Kim, educator at the Juno KiwiSaver Scheme. In the show we talk about a campaign that Juno is currently running – the $108K payday.  The purpose of the campaign is to bring New Zealander's attention to the size of the fees charged by some KiwiSaver providers. We discuss the different models KiwiSaver providers use to charge fees, and the impacts that ha...

In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. Clara travels around New Zealand schools talking to Kiwi teens about money.  In the show, we discuss the questions she gets asks: from Kiwi teen boys, Kiwi teen girls, and the questions she asks them back. To find out more about property investment , head to the Opes Partners website. Juno Kiwisaver Scheme Discl...

In this episode, we are joined by Clara Kim from Juno Kiwisaver for 5 episodes all about KiwiSaver. In the show, we discuss KiwiSaver contributions, why you need to be in KiwiSaver and why the KiwiSaver scheme was launched in the first place. To find out more about property investment , head to the Opes Partners website.  Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junoki...

In this episode, we give an update on the NZ property market based on the REINZ monthly update. Median house prices are up 6.6% on the last year, but there is significant variation around the country. Manawatu-Wanganui us up 24.1%, but Auckland is only up 0.2% and the West Coast is down 7.5%. We also go into depth about how median house prices are calculated and what they mean (and what they don't...

In this episode, I (Ed) quiz you on which suburbs had the highest and lowest growth over the last 18 years (Jan 2000 to Aug 2018). This is both in terms of percentage and dollar growth. The results really will surprise you.  I also discuss some of my thinking about what I thought the results would be before and after knowing the answers, and where I got my initial guess wrong.  To learn...

In this episode, we are again joined by Dean Blair from FoxPlan and we talk about why your spending won't go down in Retirement. When speaking with people nearing retirement, part of their plan is often to reduce their spending – perhaps often to spend half as much as they currently do.  The issue is that we spend more during the weekends and when we are on vacation. Retirement is the lo...

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss the Queenstown Property Market.  Queenstown has a unique property market due to the impact of tourism and its landscape. The lake and high mountains reduce the amount of land available for housing in central Queenstown, and hotels with big pockets crowd out some land that could otherwise be used for...

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss whether you can get an interest-only loan forever. The general rule of thumb is that an interest-only loan period will run for 5 years. At the end of those 5-years you can apply for another 5-year period.  However, the bank will always consider whether you can afford the higher principal and interest...

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss that even if you think you can afford a mortgage at the current interest rates, the banks may not approve your application.  The reason is that banks have higher servicing 'tests' that they run your mortgage application through. This means that even if you go on a 3.65% interest-only loan, they will...

In this episode, we are joined by Josh Graham from Roost mortgages. In the show, we answer the questions we received from the audience at our recent Queenstown property investment seminar. Here, we discuss what happens if interest rates were to spike. We start off detailing the reasons why we think interest rates are not likely to go up in the foreseeable future, before talking about how you can s...

In this episode, we are joined by Josh Graham from Roost mortgages. In the show, we answer the questions we received from the audience at our recent Queenstown property investment seminar. Here, we discuss whether it is cheaper to use a floating interest rate, rather than a fixed interest rate. The short answer is no. However, there may be a reason that some property investors or first home buyers...

In this episode, Dean Blair and Ed discuss who's best interests your advisor really has in mind. Traditionally, investment companies attract customers based on free advice. Advisors would then earn their income from receiving a commission if their clients purchased a specific product.  Dean explains why this has meant that even well-meaning advisors will be seated on the opposite side of the...

In this episode, Dean Blair and Ed discuss what a good retirement plan actually looks like. So often in the podcast, we discuss the need for a plan, but not what one contains.  As an Authorised Financial Advisor, Dean spends a lot of time helping people create exactly these sorts of plans. And in this episode, he shares that a FoxPlan retirement plan addresses three area or circles:  1)...

In this episode, Dean Blair from FoxPlan joins us again to talk about whether it is too late to start sorting out your retirement plan. We agree that while it's never too late to get it sorted, the plans and tactics you use will be different based on your age and situation.  The key part of any retirement plan is understanding the risks you are taking and clearly seeing your options.  Fo...

In this episode, we welcome special guest, Dean Blair from FoxPlan to the show. During the show, Dean shares his personal story of how he was dumb with his money in his early days and how it affected him. He has now made it his mission to better help Kiwis make smart financial decisions. Dean will be joining us for a series of 5 episodes, where we'll talk about creating a wholistic financial plan....

In this episode, we discuss another question posed by our youngest listener – Jackson ... "when you die, will I get some of the properties?" This is an important question because one of the key reasons people get started in property investment is to build inter-generational wealth ... and leave an enduring legacy for their children.  We discuss the need to set up wills, enduring power of atto...

In this episode, we discuss what to look out for in a rental property. And it starts with understanding the type of investor that you are first – whether you are looking for capital growth or whether you are looking for yield.  If you're looking for yield, you'll realise that there are different tenancies that you could go for, each with their own benefits and drawbacks. We discuss room...

In this episode, we discuss maintenance. One of the biggest complaints landlords receive from tenants is deferred maintenance. That's where tenants have reported maintenance issues and they haven't been actioned by the landlord.  The issue with maintenance is that it is hard to plan for. You don't know when things are going to break, what's going to break and how much it's going to cost. The...