The Property Academy Podcast

In this episode, we discuss the exact 4 step process we use to find investment quality developers and development projects for investors. This includes using BCI to get information on upcoming development projects, through to getting introductions from the industry. We then discuss the sort of projects and developers we tart to look for, and what individual investors can and can't easily replicate...

In this episode, we discuss whether it's a good idea to negotiate early access to investment properties that you are purchasing. Andrew talks us through a few examples of where he has negotiated early access ... and taken advantage of it.  We then detail the risks that are associated with early access ... both from the perspective of the investor and the person selling the property. The show...

In this episode, we discuss body corporates, along with how they work ... and what to do if you think body corporate fees are too expensive. A body corporate is a legal requirement if you hold a unit title property. Though, increasingly, if you own a townhouse, you may have what's called a resident's association in place of a body corporate.  Listen to the episode to learn the differences bet...

In this episode, we discuss what we hope Santa has slipped under the tree for us both. Ed hopes that Santa will bring more houses to the market ... and more relaxed lending restrictions from the Reserve Bank ... along with support for the retail banks to lend more aggressively on new build investments. While, Andrew, on the other hand, hopes that Santa brings a cleaner property education and prope...

In this episode, we discuss the predictions that were made in our 10th episode of the Property Academy Podcast, along with whether they came true or not. We then delve into the mechanics of a property cycle, using the Gisborne region as a case study for why you may not want to invest in a market that is booming right now.  We wrap up the episode by talking about the Property Academy video cou...

In this episode, we discuss what to do as a property investor if you are going a period of 'vacancy', where you don't have a tenant paying you rent.  This is particularly timely right now since, during the Christmas period, there tend to be multiple developments coming up for completion at any one time.  This is because developers rush to get their projects settled before Christmas so th...

In this episode, we detail the latest data from the Real Estate Institute of New Zealand and realestate.co.nz. The main takeaway is that there aren't enough listings to go around.  Although the total number of listings was up over 14% compared to the last year ... the total number of properties was up almost 30%. That means that all around the country, there are a record low number of listing...

In this episode, we discuss ANZ's recent move to now require 40% deposits for investment properties. This is a major change in credit policy, that makes ANZ the most conservative bank when it comes to lending on investment properties. Here, we discuss the change, the exemptions, and how ANZ staff are implementing the new regime. We also go through the expected impact on house prices (not a lot), a...

In this episode, we discuss price elasticity of demand and supply ... what they are ... and what they mean for property investors in New Zealand.  Price elasticity is a measure of how responsive quantity is to a change in price. The amount of a good that is purchased can either change a lot or a little in response to a change in price ... and understanding price elasticity helps us to predict...

In this episode, we discuss the right and wrong way to break up with your mortgage broker, if you feel you aren't getting the advice that you want and need. If you do need to switch brokers, then don't just cut them off. Or opt for radio silence. Let them know you're moving on and that you appreciate the work they've already done for you. If you have a topic idea or a question, then send us a text...

In this episode, we are once again joined by James Parker from Stonewood Canterbury to discuss the economics of being a developer, and the costs that are associated with building brand new residential properties in Canterbury. James shares that in a place like Selwyn District, 32% of the cost associated with a $550k property would go to land and then there would be an additional $2000 per square m...

In this episode, we are joined by James Parker from Stonewood Canterbury to discuss the top problems residential property developers are currently facing ... and what they'll mean for you if you're trying to become a developer. These include labour shortages of skilled overseas workers; competition for building materials and scarcity of land pushing prices up even further. Got the next great topic...

This is a special bonus piece of content, which is the audio from our recent webinar where Ed and Andrew discuss predictions and forecasts for the new year in property investment. Throughout the webinar we detail the 12 months of the year and what we forecast will happen in each month of the year. This includes Loan to Value Ratio restrictions, increased regulation, and lower and lower interest ra...

In this episode, we are joined by James Parker from Stonewood Canterbury to discuss the common problems that occur with new build investments.  Here James walks us through the process of how new build defects are picked up, and the most common ones he tends to spot. He then walks us through some of the biggest mistakes he's made while building new houses and what he's done to fix them. If you...

In this episode, we discuss how to negotiate with a property developer ... and how to figure out what they really care about. We go over how a developer makes money ... and why the first properties that the pre-sell in a project will often be sold at a discount. We then transition to discuss the sort of developers that are more likely to negotiate with you ... and which ones won't. Got a topic you...

In this episode, we discuss the BNZ's announcement that they are now willing to lend up to 90% for investors purchasing turn-key builds from a developer. This is effectively adding in the new build exemption which was always in place.  But, before you get too excited ... in order to get a loan with that little deposit, you'll need to be a "golden client" ... most likely double incomes in secu...

In this episode, we discuss the 5 strategies you can use if you don't have the money to invest in property just yet. This is based on an article that we recently released on the Opes Partners website.  The 5 strategies are: Pay off your mortgage more quickly Wait for capital growth Renovate your property Tap into the bank of Mum and Dad Save the rest Want to read the full article, you can fin...

In this epiosde, we discuss whether cities or the smaller regions tend to get better capital growth over the long term. This is a contentious issue, with some claiming that cities get better capital growth ... and then other property commentators like Graeme Fowler refuting this claim.  Over the last 28 years, each of the regions has had a relatively similar amount of capital growth ... BUT t...

In this episode, we are joined for a final time by Slade Hocking, who is a buy and flip-focussed property investor, and a real estate agent. Here we discuss whether you should use multiple agents to sell your property so you can get the best price.  Generally speaking, our view is that using multiple agents incentivises not the best price ... but the quickest sale. That's because the agents a...

In this episode, we are joined by property investor and real estate agent, Slade Hocking. Here, Slade walks us through how he made over $600,000 on a private buy and flip project in Canterbury. Slade also walks us through his experience in forming Joint Ventures with other property investors so that he is able to take on more projects.  We also mention the launch of our upcoming renovations-f...

In this episode, we are joined by property investor and real estate agent, Slade Hocking, who specialises in renovation projects in the Canterbury market.  Here, Slade shares the story of how he became a property investor, and how he began to focus on both buy to flip, and buy to holds. We go through his family connections in property investment and how he manages being a property investor .....

In this episode, we discuss how to get the best price for your property when it's a crazy market. The key takeaway is that you need to understand what is actually selling in the market right now.  One way to fo this is by using Core Logic's Comparative Market Analysis Tool to see the actual sales prices compared to their Rateable Values.  Finally, we wrap up the show by talking about our...

In this episode, we discuss which mortgage you should pay off first if you want to save money on interest costs. This is based on a situation that was sent through from a listener of the show.  We discuss that you should always pay off your mortgage costs first, followed by investment debts if that is part of your strategy. However, it doesn't matter which investment mortgage you pay off firs...

In this episode, we discuss how to structure your due diligence to avoid spending money you don't need to ... and also wh you pay throughout due diligence and when.  For instance, you would tend to pay your solicitor when you settle on the property by transferring their fee (along with the purchase price of a property) into their trust account.  Finally, we wrap up the show by talking ab...

In this episode, we discuss whether now is the right time to wait and see how the market goes. We detail 5 reasons why it's not the time to put your hands in your pockets. One of the more compelling reasons is that regulations are increasingly becoming more stringent, limiting how easy it is to become a property investor. If it's easier to buy now, rather than later. It then makes sense to take ac...