The Property Academy Podcast

In this episode, we discuss how every property investment strategy can be a good strategy depending on the circumstances and the situation. It's easy to read stories of the strategies that millionaires or billionaires have used to build giant property portfolios .... and these can be great strategies. But, those same strategies aren't going to fit most everyday Kiwis. Similarly, the strategies tha...

In this episode, we discuss whether you should ever think about moving into your investment properties? This is a question that is frequently raised by newbie investors. They're thinking about moving to a city in the future and wonder whether they can lock in today's property prices, rather than pay more in the future.  Generally, this isn't the best idea. If you buy an investment property wi...

In this episode, we discuss a recent Stuff article that Ed wrote and had published. Looking at data from the Ministry of Housing and Urban Development, he found that the just shy of a third of renters actually could afford to pay for a mortgage for their first home.  With deposit requirements for the First Home Loan falling to 5%, he writes that it's puzzling that only 5% of renters each year...

In this episode, we discuss that your first home might actually be an investment property – you don't actually have to live in it.  We discuss the reasons why this might be right for you, and how it may be better to continue with your current lifestyle rather than upending it all to buy property.  First home buyers wanting to follow this strategy should be aware that they can't use their...

In this episode, we discuss the Bank of Mum and Dad, including what it is and how to use it. The bank of Mum and Dad does not necessarily mean that your parents give you cash to use as your deposit to buy your first home.  More often than not, it is your parents increasing the size of their mortgage on their own property in order to give you enough of a deposit to top up your deposit.  T...

In this episode, we discuss the exact steps that happen within a due diligence process and the costs associated.  Some listeners may be surprised to learn that you'd put a house under contract before conducting due diligence, but the important point to know is that the reason you put a property under contract first is so that you know you have the right to buy the property at a price that is...

In this episode, we are once again joined by Bradley Parsonson from Opes Partners and Miuwi. And in the show, Brad shares a case study of a couple who didn't know each other and how they are going through the process to co-own property together.  In the show, Brad discusses how although mortgages are jointly and severable liable, some banks will offer loans where servicing is not tested on th...

In this episode, we talk about the risks and benefits of using a 2nd-tier lender. 2nd-tier lenders are non-bank lenders, which means that they are not subject to the lvr restrictions set by the Reserve Bank. This means that they can lend above the 30% deposit required for an investment property without having to squeeze it into the small allowance offered for low-deposit loans. 

In this episode, we are joined by Bradley Parsonson, property coach at Opes and Co-founder of Miuwi – a property co-ownership company. During the show, Brad shares his top 2 lessons from owning property over the last 2 years: Have a buffer account, whether a revolving credit or an overdraft, so that you are able to keep the property afloat if your tenant stops paying Rely on your professional...

In this episode, we discuss several more types of insurance, including:  Health Insurance Trauma Insurance  Insurance is important to property investment nz because you don't know what you don't know. 

In this episode, we discuss insurance, who it's for and why it's important. Now the reason that we're talking about insurance on the podcast is because many people don't get into property investment because they are worried about perceived risk. Insurance helps to mitigate these risks, and a well thought out insurance plan will mean that we are protected in the event that the unforeseeable happens...

In this episode, we are once again joined by financial adviser, Tim Weston, who shares his 6 top tips for renovating property investment in nz : Keep the scale manageable – If it is your first investment, you wouldn't want it to blow out in terms of time or costs. The best way to achieve this is to keep the scale of the project small and manageable Know your numbers – how much are you go...

In this episode, star of Grand Designs, Tim Weston shares his story of transforming the Britten Stables from a devastated shell into an international showstopper.  Tim shares candidly his views on the toll this extraordinary renovation took on his finances, his health and his family. It is an amazing story of an amazing property. Check out the Britten Stables here. 

In this episode, we discuss how to form your own property buying syndicate based on a question that was sent in by a listener of the show. We discuss that if you don't have enough equity to purchase property, whether because of the lvr restrictions or otherwise, then forming your own syndicate may be for you.  The top risks for property syndication are: You are jointly and sever-ably liable f...

In this episode, we discuss buying off the plans – the different ways you can do it, and an analysis of some of the risks and benefits as to why you would buy property off the plans.  There are two ways to buy property off the plans:  Progressive Payments, where you make payments to the developer or builder at specific milestones Turn-Key, where you pay a deposit, and then nothing e...

In this episode, we discuss the three steps to take if you want to become a property investor in 2020. These are: Figure out where you are now and then where you want to go. And then look at the resources you have that can be used to help get you there Create a strategy about how large your portfolio will need to be in order to help you close that gap and then create buying criteria showing the ty...

In this episode, we discuss 4 ways to pay down your mortgage more quickly. These include: Use an offset account to use cash you have saved to decrease the amount you pay interest on Make extra payments to your mortgage Consolidate consumer debt into your personal mortgage to help you focus on one payment and reduce the interest payments you make on that additional debt Purchase an investment prope...

In this episode, we discuss the biggest blunder that Ed made in 2019, or rather where he copped the most flack on social media. In October we created a video suggesting that the average new mortgage in Auckland was around the $280K mark, which was swiftly rejected online.  In this show, we go through the reasons as to why the average new mortgage may be much lower than you might initially thi...

In this episode, we discuss 4 key differences between the property market and the share market. Only 24% of the property market is made up of investors, the rest is primarily made up of owner-occupiers, this has some important flow on effects in terms of how the market operates: The property market has higher barriers to exit for owner-occupiers than there are in the share market. Property owners...

In this episode, we discuss whether you should pay off your personal mortgage entirely before you start investing in nz property . In short, the answer is generally no. The reason is multi-fold: If you wait till you have paid off your mortgage entirely you won't have as long in the property market because you may have to wait, 10, 20 or 30 years before you get started – and the most important fact...

In this episode, we discuss a piece of advice which can be found in nz property investment books from the 1990s to early 2000s, which goes something like this: "only focus on cashflow, don't worry about capital growth. Just treat capital growth as a bonus". We discuss whether we agree with this advice or not, and the answer is generally: "no". The reason for this is that you will need a significan...

In this episode, we discuss what happens if you make a bad investment and you pick up a property that either costs too much per week and is costing you money, or is not achieving the growth that you initially anticipated overtime?  The simple answer is that you divest the property and sell it. But, in this episode, we'll also teach you how to tell whether this property is really a dud or whet...

In this episode, we give you 10 free gifts from Opes for you to learn about property investment, or buying your first home in the new year: The Epic Guide to Property Investment in NZ – Our 16,000 word guide to investing in property in New Zealand Property Academy Video Course – A free video course that teaches you how to invest in property within NZ. First Home Academy Video Course –&nb...

In this episode, we discuss the three types of leverage that every investor needs to know. These are:  Leveraged Returns – when you invest in property, you are able to purchase an asset that is worth far more than the deposit you have put in. If you put in a 20% deposit, then you buy an asset that is 5x more valuable than your own deposit. The benefit of leveraged returns is that if that...

In this episode, we discuss whether we agree with Invesopedia's top 10 tips for property investment. The key takeaways are: A lot of property investment education (online) is specifically geared towards the US market.  The US market has totally different dynamics to New Zealand, and the figures, yields and general rules of thumb are totally different. This means that when ratios, yields and p...