The Property Academy Podcast

In this episode, we discuss how to deal with confrontation within property investment and hear some of Andrew's personal stories where he has had to deal with disputes in property investment. Disputes can often arise in property because there is so much at stake, both because we personally live in houses, apartments and units (so they're close to our hearts) and because they are worth a lot of mon...

In this episode, we discuss what the value of adding an extra bedroom to an existing property is and how that changes based on the region of New Zealand you live in. This includes the holes in the data that you should consider to make sure that you have realistic expectations about the gain you can expect from your investment in property. We also mention our No Money Worries – property investment...

In this episode, we discuss whether you should buy a timeshare and whether it counts as an investment property or not. The answer should not surprise you. It's no.  In a timeshare, generally, the only person getting rich is the person selling the property. That's because by the time the purchase price is spread across 50 different people, the purchase price of the property may be twice its ma...

In this episode, we discuss what you should do in-between purchasing properties and adding them to their property portfolio.  The key steps you can take are: paying down debt; monitoring your rental properties and generally living life – if you're looking for a passive investment. We also mention our No Money Worries – property investment email course . This 9-lesson course will teach so...

In this episode, we discuss how to set realistic property investment goals. This includes walking through a few unrealistic goals, both for long term investment and for trading.  Then we walk through a couple of realistic goals, such as replacing your income, which you could likely achieve through property investment.  We finish up by talking about our free property investment email cour...

In this episode, we discuss contemporaneous settlements and how you can use someone else's money in order to make more money in property.  A contemporaneous settlement is where you are able to buy a property and then sell it on the same day ... and what we mean by that is you have two settlements occur – you settle on the first property with you as the purchaser, and then you settle on t...

In this episode, we discuss Core Logic's evaluer, which provides an electronic valuation of every property in New Zealand.  That valuation is based on an algorithm which looks at the actual sale prices of recently-sold properties that have similar attributes (bedrooms, bathrooms, land size, property size, location and any other attributes that come within Council-sourced data). Within the sho...

In this episode, we discuss a few important updates that have recently been announced by BNZ and ASB sound their lending policies.  Banks are rapidly changing their lending criteria in the fall out following the Covid-19 induced lockdown, which is why it's important to start on top of the property investment market.  We also mention our podcast survey , where we are seeking your help to...

In this episode, we discuss why you can't always believe what you read in a developer's marketing materials, with a special focus on a recent article featured in The Press. This article profiled a particular Christchurch developer who had suggested that a property they were developing could be used for Airbnb, despite the fact that purchasers would need resource consent for that to be legal. The d...

In this episode, we discuss what going unconditional means. This is a question received from George who is based in Queenstown.  We explain that there are four steps involved in purchasing a property: 1. Put a property under contract. This gives you the right to purchase the property at a specific price, subject to you feeling comfortable that you should buy the property 2. Do due diligence t...

In this episode, we discuss a questioner that has recently been submitted by another Property Academy Podcast listener, this time from Hamilton. They query whether property prices will really double over the next 10-15 years. Although we don't have a crystal ball, we walk through 5 reasons why we think there is reason to have confidence that house prices will appreciate and we walk through why you...

In this episode, we answer a listener question, which was: how do you make yourself look better in the bank's eyes when applying for credit.  We specifically go through how to correct poor account conduct and how to protect your credit history so that you are more likely to get the lending you need when attempting to purchase an investment property. If you'd like to check your credit history,...

In this episode, we discuss a question posed by one of the listeners of the show: how do you create instant equity when purchasing an investment property off a developer. We discuss that you either need to: 1) get a discount from the developer by buying a property through a bulk buying scheme, or 2) buy the property below its registered valuation, or 3) Purchase a property off the plans so that so...

In this episode, we discuss the pros and cons of owning student rentals. This is a question that's come in from a fellow listener of the podcast. Throughout the show we share the three different types of student rentals: Standard student flats, which tend to be higher-yielding, but much higher maintenance Purpose-built room by room rentals, which are higher-yielding, but get lower capital growth s...

In this episode, we discuss a few things that you should look out for when conducting your own research about investment properties. This episode is based off a question one of our property partners received from a Kiwi property investor based in France.  The key takeaway is that you need to know the difference between a suburb's median sale price and the median house value. We then talk abou...

In this episode, we discuss how to read accounting statements for investment properties and how to minimise the amount of tax that you are legally required to pay. We then go on to discuss how you can restructure your property's debt and finances to make them relatively more profitable.  We also mention our current podcast survey . We want to make sure that this is the best show in the world...

In this episode, we discuss 3 past property project that Andrew has worked on, along with the real financial results gained from these projects. These three projects spread across the main property investment strategies – 2 buy, reno and holds, along with a buy new off the plans and hold.  We also mention our current podcast survey . We want to make sure that this is the best show in the...

In this episode, we discuss whether it is easy or hard for New Zealanders living overseas to buy property in New Zealand.  Generally, the toughest issue is to get lending from banks in order to purchase property. Overseas investors are typically restricted to 65-70% of lending on properties, and their income is scaled back under the tests to 60-90% of usual income. That range is based on whic...

In this episode, we discuss current interest rates, along with which banks currently have the best deals. Beyond, that we also talk through what this actually means for property investors over the short and medium-term within their cashflows. As usual, we also make a few predictions about where we think the market will head. We also mention our current podcast survey . We want to make sure that th...

In this episode, we discuss how the NZ median house price can increase, even if house prices across the country decrease. This seeming anomaly is based on how the median house price is calculated. This measure of average does not track differences in the distribution of houses sold across the country.  If a higher proportion of Auckland houses are sold within a given month the median house pr...

In this episode, we discuss when you can sell 1 property to buy 2 properties. Banks have internal LVRs that restrict how much they are willing to lend against certain types of properties.  Holding these asset types takes up a lot of equity in an investors portfolio, which means that in some cases an investor can sell one property in order to buy two more. These are often niche investments, su...

In this episode, we give you an update on how Airbnbs are faring under the current market conditions.  Since the last update, we gave 6 months ago, 10,000 Airbnbs have come off the market (20% of the stock). However, bookings have increased ... and are at the level where the number of bookings per Airbnb per week are on par with earlier in February. We also mention our property investor quiz...

In this episode, we discuss the recent survey results that Tony Alexander has published which shows how property values are currently feeling about the New Zealand property market. We discuss why the opinions and outlook of values matter, and how they currently view of New Zealand's main centres – Auckland, Wellington, Christchurch and Queenstown. We also mention our property investor quiz , which...

In this episode, we discuss Rent to Buy schemes and how they have the potential to benefit and harm both the vendor and the potential purchaser. In a Rent to Buy property-purchasing structure, a vendor will agree to sell a purchaser a property for today's price, but the purchaser does not have to pay for the property for a number of years (e.g. 5 years). Over that time, the purchaser will pay mark...

In this episode, we discuss and recap our recent webinar: How to Find the Most Profitable Areas to Invest in. Within this webinar we looked at the distribution of yields and historic capital growth rates within suburbs located in the four main centres: Auckland, Christchurch, Hamilton and Wellington.  As part of this webinar, we also created eight new maps – 2 for each of the four main c...