The Property Academy Podcast

In this episode, we discuss 3 real properties that Andrew is currently investing in the Auckland market. Andrew shares his rationale for these investments and his process for finding and procuring them.  In addition to this, he walks us through why he is investing in these properties BEFORE even going to look at them. Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-...

In this episode, we are joined by Councillor James Gough, who is a councillor for Christchurch City Council. Here we talk about major projects happening within the city and how it is expected to impact rental and housing demand there.  We also discuss the developer contribution scheme that Christchurch City Council currently has in play, how it works and the impact for housing in the city.&nb...

In this episode, we are joined by Councillor James Gough, who is a councillor for Christchurch City Council. Here we talk about some Christchurch specific projects that are currently in play.  We discuss how to tell the difference between Council spin and Council projects that will be a 'win' for you as a property investor. We also get an update on Project 8011, CCC's main residential respons...

In this episode, we discuss several strategies that have recently surfaced from investors from New Zealanders both overseas and in the mainland.  Here, Andrew and Ed discuss why you need to be clear about what your strategy is and what it isn't, specifically in the context of a couple of different scenarios. Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September...

In this episode, we discuss what happens if you lie to the bank and how to talk to the bank when they ask you what extra lending is for.  When you apply for lending from your bank so that you can use it as the deposit for a mortgage from another, both banks will assess all the lending you plan to take out. And you need to pass BOTH bank's servicing tests.  Finally, we discuss our upcomin...

In this episode, we discuss a listener question about whether you should buy a house when you have to move away temporarily for work ... along with what you need to think about.  We particularly dig into the difference between interest-only and principal and interest mortgage payments and how these are treated by the IRD. We also dig into some of the personal considerations these investors ma...

In this episode, we discuss the Real Estate Insitute of New Zealand house price index, along with why it's important, how it's calculated and how to read it. We also compare the index to changes in the median house price, so you can see how the two metrics tend to work.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch , Wellington and Auck...

In this episode, we discuss the Real Estate Institute of New Zealand's latest report, which gives data about how the property market operated during July 2020.  The New Zealand median house price is up $85,000 on the same month last year, and volumes are up 25%, showing pent up demand still alive and well. We also dig into the REINZ Tony Alexander Real Estate Agent survey, which indicates how...

In this episode, we discuss 7 ways that you can stay motivated towards your property investment goals.  These include: filling your social media feed with property investment-related content, putting your goals in visible places, project managing your goals by breaking them down into quarterly, weekly and daily tasks, as well as celebrating your successes.  Finally, we discuss our upcomi...

In this episode, we discuss the Auckland property market and how the Covid-19 induced shutdown has the potential to impact that property prices there. Our read of the situation is that there will be small to no impact on Auckland property prices ... but that we will see volumes hit severely in next month's figures.   Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-S...

In this episode, we discuss the 4 major government announcements that have been released over the last week ... all of which impact the New Zealand property market.  These announcements are: a) the extension of the Wage Subsidy scheme to provide an additional 2 weeks worth of stimulus to businesses across the country; b) the announcement of the new election date; c) the extension of the mortg...

In this episode, we discuss the latest version of Kiwibuild, with the government promising to give funding to developers who aren't able to make the required number of presales to get bank funding.  Here, the government will guarantee the required level of funding for the developer to start their project, with some restrictions about who the developer can sell units too.  Finally, we dis...

In this episode, we discuss the new residential tenancies act, which has officially passed and will be implemented in 6 months from now.  Here, we talk through some of the speeches given during the second reading of the act, which indicates different party policies and approaches relating to the act.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in...

In this episode, we are again joined by Amber Arkell from Survus Landsurveyors and Good Title to talk about what can go wrong within a cross lease.  Amber specifically touches on the fact that a cross lease conversion can take up to 8 months to complete, which is why you need to conduct a conversion before you actually need to. If you wait, it'll be too late≥  Finally, we discuss our upc...

In this episode, we are joined by Amber Arkell from Survus Landsurveyors and Good Title to talk about the fundamentals of cross leases and what investors need to know about them. Of particular interest, Amber references the Opportunity Knocks report, an article written by Dr. Michael Rehm showing the value discount on Cross Lease and Unit Title properties. This shows that for Auckland based cross...

In this episode, we answer a question coming from a listener of the show about what Andrew would do differently if he was starting out from scratch again on a modest income.  The main takeaway is that if you don't have equity, i.e. a deposit, that you've got to get one ... and you've got to build equity quickly. That would likely come from renovations and attempting to recycle their deposit a...

In this episode, we discuss a recent case from the Tenancy Tribunal, which showed why it paid for one investor to specify the number of tenants on their lease.  We also walk through how this tribunal case exemplifies some of the principles we often talk about on the show. Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch , Wellington and Auc...

In this episode, we discuss the most recent RBNZ Credit Conditions Survey which asks the banks qualitative questions about how they expect the market to perform over the next 6 months and how the market actually performed over the previous 6 months. We also go through the data to see how the banks performed when forecasting how they expect the market to perform and how it actually performed. ...

In this episode, we discuss the difference between increases in the median value of a suburbs house price and the median capital growth achieved by investors.  This is a small but important difference when you are making a decision about investing because when using headline figures you can't tell whether value increases have been achieved by new properties being developed or genuine underlyi...

In this episode, we discuss what investors need to know about renting their properties to Housing New Zealand. There are both benefits and drawbacks to having Housing NZ as your tenant.  Typically Housing NZ will look to rent properties that are brand new and high density in lower socio-economic areas. The benefit to the landlord is that the rent is guaranteed by the government agency for up...

In this episode, we discuss the fundamentals of investing in commercial property with Jonnie Lyttle from Citadel.  Here, Jonnie shares the three types of commercial property rents, along with the fundamental lessons Jonnie has learnt while investing in commercial property.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch , Wellington...

In this episode, we are joined by Jonnie Lyttle from Citadel, who is a commercial property investor and a former commercial real estate agent. Hear, Jonnie shares his story of how he bought his first commercial building within one year of joining the industry, along with the trials and tribulations that it brought with it.  Finally, we discuss our upcoming Live Podcast Tour, which is happenin...

In this episode, we discuss new data we've collated that shows how Kiwis set realistic property investment goals based on people who have actually been through the Opes process.  This is a recap of the property investment webinar held on Tuesday evening ( find the recording here ). You can also find the visualisations discussed so you can find real people like you and see their property goals...

In this episode, we discuss ANZ's latest announcement that they will decrease the servicing test rate from 6.65% to 5.8%. This means that investors can in some instances borrow up to 13%+ more than previously.  This is a major competitive move, and we can expect that other banks will follow now that ANZ uses the lowest servicing test rate in the market.  Finally, we discuss our upcoming...

In this episode, we discuss negative interest rates and the potential for New Zealand's OCR to go negative. We cover the fact that a negative OCR does not mean negative retail interest rates ... the bank isn't going to start paying you to take out a mortgage.  We also discuss the OCR and the role it actually plays in New Zealand's financial system ... before giving an example of what this loo...