The Property Academy Podcast

In this episode, we are joined by Micky Limmer who is a real estate agent at Harcourts, Canterbury. Data shows that median house prices rise in Summer and fall in Winter. But, why is that? And what are the different seasons in the property market each year? Our consensus is that during the winter months, fewer homeowners at the top end of the market sell their properties, while the first home buye...

In this episode, we discuss the housing policies of the major 2 political parties in New Zealand ... along with what they mean for property investors.  Of particular interest is Labour's policy of regulating property managers, which has the potential to increase rents across the country as landlords take on more cost and a more professional standard of rental increases are applied across the...

In this episode, we discuss whether population growth leads to further increases in property prices. This is based on a recent article by Tony Alexander, an independent economist and friend of the show.  Our determination is that population growth is not a significant indicator of capital growth ... however, it is still not to be ignored because it is still ab important driver of a landlord's...

In this episode, we discuss the commercial property markets in both Auckland and Wellington from the eyes of Sir Bob Jones. This episode is based on Sir Bob's writings in his book My Property World, which is a follow up from his first property-based book ... Jones on Property.  Sir Bob sees Wellington as the more desirable city because of its lack of available land to build buildings on ... e...

In this episode, we discuss potential price-fixing identified by the Commerce Commission within Facebook groups that promote property investing.  Here, property investors discussing the response to Covid-19 and potential rent increases have been slapped with a warning, as such discussions could represent anti-competitive behaviour.  We also discuss the plight of Ronovationz, the NZ-based...

In this episode, we are joined by Ella Dromgool to discuss how to correctly use a revolving credit to pay off your mortgage faster.  Used the correct way a revolving credit will provide additional flexibility and save you on interest. Used incorrectly, you'll spend more than you meant to and potentially increase the size of your mortgage.  Finally, we wrap up the show by discussing our u...

In this episode, we are once again joined by Ella Dromgool from Catalyst Financial to discuss how she bought 2 investment properties by the age of 23.  Ella shares her strategy of getting flatmates to help her pay down her mortgage. In this case, she was paying off an additional $23,400 of principal payments through her flatmates.  We also discuss tomorrow's episode, where Ella will reve...

This is a special bonus piece of content, which is the audio from our recent webinar where property accountant, Matthew Harris showed us how to save money on your investment properties by paying the correct amount of tax. From Matt's point of view, many Kiwi property investors pay more tax than they otherwise would need to. This is because they haven't structured their affairs in the most efficien...

In this episode, we are joined by Ella Dromgool from Catalyst Financial to discuss whether it really is harder to buy your first home today than it was previously. Ella is a 26-year old property investor who owns two properties.  She is also the creator of Instagram page, Paper and Sweat, which educates young people on how to be successful and take action in the property market.  Finally...

In this episode, we discuss things you can do to keep the bank lending you money. This is also given in the context of the situation many of our podcast listeners face, where they have a decent amount of equity, but get tapped out on servicing.  We go through the standard tricks, such as adapting credit card limits and restructuring existing loans, but also walk you through the fact that you...

In this episode, we talk about how to help others when you are a property investor ... and how to get help. This includes how to talk to your parents about tapping into the Bank of Mum and Dad. We also discuss the reverse – how to help your your parents as they approach retirement.  This stems from a discussion where an investor we worked with at Opes Partners was likely to get an inheritance...

In this episode, we discuss the 10 conditional clauses you should know about ... and which ones you should actually use when purchasing property.  This includes due diligence clauses,  right to cancel clauses, sunset and lawyers approval clauses as well as building inspections and meth test provisions.  Finally, we wrap up the show by discussing our upcoming podcast tour, which has...

In this episode, we discuss how to buy the property that you just drove passed. This includes a step by step case study from a property located in the Hutt Valley.  This includes going onto Property Guru, looking into your potential vendor, checking the companies office, doing google searches and approaching lawyers directly if the property is owned by an overseas investor.  Finally, we...

In this episode, we discuss whether it is profitable to furnish your investment property. We go through the numbers, the costs and the additional rent you are likely to receive.  For a 2 bedroom unit or apartment, you are likely to receive an additional $50 a week in rent ($2,600 a year), and it is likely that it will cost $10,000 to furnish that property. All up we include that this style of...

In this episode, we discuss how to win at an auction. We also delve into what you need to know in order to prepare yourself, both financially and emotionally, for the auction.  It's important to note that auctions are unconditional and that if you bid and are the winner you are now bound as the purchaser. That means that you need to have conducted all your due diligence before you begin to bi...

In this episode, we discuss reverse mortgages. Reverse mortgages are a financial product where older New Zealanders are able to borrow against their home without making repayments to the bank.  Here, we talk through the benefits and the drawbacks of these sorts of loans, including their high-interest rates and the speed at which they can erode the equity you've built up in your home. We also...

In this episode, we discuss new urban planning rules that come into effect in February 2022. This will force councils to approve some developments that don't have car parks. We discuss the likely outcome, which is that properties with car parks will become relatively more valuable and experience some capital gain as a result. That's because not all of the cost savings will be passed on to the init...

In this episode, we discuss whether mortgagee sales are a good way to make money for New Zealand property investors.  Our takeaway is that while mortgagee sales can be a good way to make money, you need to be aware of what it takes to be successful. You have to be willing to undertake a very active strategy and take on certain risks of damage from existing occupants.  Finally, we wrap up...

In this episode, we discuss recent data released by the NZ Treasury as part of the Pre Election Fiscal Update. Within this report, analysts forecast that house prices will increase 24.5% over the next 5 years.  However, on Thursday 17th September, Stuff published an article suggesting that the Reserve Bank predict house prices to halve. We discuss the issues with this article and show why the...

In this episode, we are joined for the final time by Linda Forsyth from Venture Property Management. Here, Linda walks us through how the property investors she looks after are responding to the Healthy Homes Act. One quirk around the act is that older, draughtier homes can sometimes have an easier time meeting heating standard, compared to newer, drier homes. The reason for this is that a heatpum...

In this episode, we are once again joined by Linda Forsyth from Venture Property Management. Here, we discuss the funniest and most interesting stories from Linda's 15+ years in property management.  From burying a cat prior to an open home, through to respectfully managing a tenant's interesting and obvious kinks ... Linda has tackled it all. And the real message here is that property manage...

In this episode, we are joined by Linda Forsyth from Venture Property Management to discuss the 6 things that investors miss when they are managing their own properties.  These range from putting the right tenant into the wrong property, through to not increasing the rent along with market rises. Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed...

In this episode, we discuss deeds of nomination, what they are and how they are used when an investor or property purchaser is unable to settle on a property.  Increasingly, some investors are unable to settle on properties they have gone unconditional on. This is where they will use a deed of nomination to pass on this contract to another purchaser ina. transparent manner than is favoured by...

In this episode, we discuss the concept of land banking, how it works ... and how you can make significantly more money by holding on to properties that have future development potential. Here, we take you through an example from Mathew Gilligan's book, Property 101, which discusses this concept. Finally, we wrap up the show by discussing our upcoming podcast tour, which has recently changed dates...

In this episode, we discuss the Auckland suburb of Papakura. Our conclusion is that, yes, Papakura is a good suburb to invest in. Especially since it is experiencing population growth at almost twice the rate of the wider Auckland region.  In addition to this, significant development is expected in neighbouring Pukekohe and Drury through Auckland Council's recently adopted structural plans fo...