The Property Academy Podcast

In this episode, we discuss serviceability ... which answers the question "do I have enough income to get my mortgage approved through my bank? We go through the minimum bank expenses that ANZ currently assumes that you pay each month, along with how that changes based on how many people you have within your household. This episode is based on a minimum income calculator , which we recently releas...

In this episode, we discuss the latest property market data released from the Real Estate Insititute of New Zealand. Some of the key takeaways include that property prices rose by over 2% in the month of December ... and the number of homes sold in Auckland for the month was up 66% on 12 months prior. We also detail the top concerns that buyers have in the market right now, and how those have chan...

In this episode, we discuss how to be successful and win in Tender and Auction sales processes. This is the third part of our three-part series looking at each of the different sales processes we use in New Zealand, with how to be successful in each.  Here, we go through tactics you can use to pull on the human side of the person selling their property, such as writing handwritten letters ......

In this episode, we discuss how to be successful In price by negotiations and deadline sales processes as a buyer. This includes a discussion of age-old negotiation techniques, such as crossing out prices, and whether these are still relevant in today's market.  If you're an investor looking for the right types of properties, then these techniques should help you have the confidence to negoti...

In this episode, we discuss the four main sales processes in New Zealand and when each one of them should be used. These include 'price by negotiation',  tenders, auctions, and 'deadline sales'. We conclude that the right process for you is going to be based on both the type of property you have and where your local property market is within its cycle. That's because some processes are geared...

In this episode, we discuss where the cheapest rates are in New Zealand as a percentage of the value of each property, along with why this matters.  This topic comes from a listener of the show, Barry, who wanted o know how rates are impacting the cashflow of property investors around the country. We go through specific suggestions of new rates from councils like New Plymouth District Council...

In this episode, we discuss at what point you should take profits from your property portfolio. This is both in terms at what point in terms of your financial life, and then also in terms of the property cycle. Our conclusion is that it's only right to take profits from your portfolio as a long term buy and hold investor once you are comfortably on track to hit your long term goals, otherwise you'...

In this episode, we discuss how to manage your property investment bank accounts so that you don't go into unarranged overdraft or miss an important mortgage payment.  The strategy discussed is to set up your accounts so that all rent from all properties goes into the same account, with all expenses also coming out of that account. This saves you from having to move money around and each prop...

In this episode, we discuss prefabricated homes and how they could potentially impact the property market.  We reveal the fact that pre-fabricated properties already exist within New Zealand, with many residential property developers building walls and materials on production lines and assembling them on sight.  We walk through the potential opportunities for property investors and the r...

In this episode, we discuss the things in new developments that is concerning Andrew today, along with whether we are likely to see another leaky homes crisis – or something similar – in the future. We wrap up the show by mentioning our Property Academy Video Course. This 19 lesson property investment video course teaches you the fundamentals of how to invest successfully in NZ property.

In this episode, we discuss how climate change and rising sea levels impact property investment. We answer questions like "what will happen if you invest in a property near the sea and sea levels start to rise" along with "how is coastal erosion impacting property investment?" We take a look at a case study from Mokau in the Waitomo district to consider how coastal erosion is impacting property ow...

In this episode, we discuss who our top 5 property lawyers are in the country. These are the property lawyers who we know, like and trust ... and can hand on heart recommend.  The five lawyers are: Sue Foley from Landley Law Shelley Funnell from Henderson Reeves Katherine Mexted from Convex Legal Penny Liu from Liu Legal, and  Michelle Erasmus from The Conveyancing Shop Have a personal l...

In this episode, we discuss whether you should rent your property out to friends and family. Our feeling is that this is a big ... no. The reasons are: If you rent to family, you may undercharge rent and put yourself in a worse financial position If you are purchasing a property for a family member it may cause you to purchase a property that doesn't work as an investment property If you purchase...

In this episode, we discuss the exact financial point where you should consider getting started in property investment. In our view, you should get started when you can, which is at a minimum with $100,000 to $120,000 worth of useable equity in your property.  This will allow you to purchase an investment property worth $500-$600k maximum, if purchasing a brand new property. We also walk thro...

In this episode, we discuss the three ways you can add an extra bedroom to a property ... either to increase its rental yield, or to increase the value of the property itself. The three ways are: 1) dress a room differently with furniture, painting or recarpeting to point out that it could be used as a bedroom, 2) Add a partitioning wall to carve up large lounges and bedrooms into smaller rooms, o...

In this episode, we discuss whether you will have to pay a break fee when selling your property ... this is a cost that many investors will miss when making changes to their portfolio.  We discuss when you'll have to pay a break fee and also go through the other costs and fees many investors miss when making changes to their portfolios.  We wrap up the show by discussing the new Property...

In this episode, we discuss how to set up a successful joint venture partnership so that you can invest with other people. Investing with other people means that you can invest faster and benefit from the skills that others have. We detail the three things you can potentially bring to a partnership: time, skills or money (both income and equity) and a few ways that you can set up a JV both as a pa...

In this episode, we discuss the top performing suburbs within New Zealand for 2020. This is based on the Best of the Best report from Core Logic, which shows the suburbs that had the highest and lowest growth yields, as well as highest and lowest growth rates. Access the report here .  We reveal and summarise all of the data, including revealing the suburbs where properties took an average of...

In this episode, we discuss 7 things we think property-sceptic family members (aka. Uncle Lester) will say at the family BBQ over the summer holidays. We then detail data and responses for each. This includes talk of capital gains taxes, the inability to find a tenant, rising interest rates, renting to friends and family, and of course buying down the street from where you live.  What are som...

In this episode, we discuss whether you should buy a holiday home and what it means for your investment portfolio. We go through the numbers and how buying a holiday home impacts your Uncommitted Monthly Income.  the purpose of this exercise is not to tell you whether to buy a holiday home or not in your specific situation, but rather to help you understand the impact on the whole portfolio.&...

In this episode, we discuss our top 10 property investment books to read over the summer holidays to prepare for 2021. These are: Property 101 , by Matt Gilligan Property Investments , by Martin Hawes Rich Kid, Smart Kid , by Robert Kiyosaki 20 Rental Properties in 1 Year , by Graeme Fowler Real Estate Riches – How to Become Rich By Using the Banks Money , by Dolf de Roos Jones on Property by Sir...

In this episode, we discuss 21 different goals you could potentially set yourself in 2021. This includes everything from goals for first-time investors who want to learn the fundamentals of property investment, through to goals for experienced investors who are looking to spice up their portfolio.  We also go through Andrew's goal-setting framework, where he shares the three things you need i...

In this episode, we discuss the 7 people who inspired us most in 2020. This includes people who listened to the show, turned up to our property investment events and shared their stories with us.  We also detail a few people who we had the pleasure to hear speak live who, although not property investors, inspired our financial ambitions all the same. These include John Travolta, Magic Johnson...

In this episode, we discuss new data released as part of the Stuff housing affordability dashboard . Within this we show that although the median New Zealand sale price is $749,000 in November. The median sale price for first home buyers was $610,000 ... 19% less. We then track the number of weeks it takes to save a 10% deposit, and show that although it has increased by 33% from 84 to 112 weeks,...

  In this episode, we discuss how old is too old to invest in property ... and how to expand your property portfolio in retirement.  This includes case studies and strategies for different types of investors ... and alternative strategies depending on your risk tolerance. We also mention the new Property Academy Video Course . This 19 lesson course, shows you the fundamentals of pro...