A lot of people feed off regrets. Personally, I feel this is stupid. Over my lifetime I’ve done lots of things I wouldn’t repeat but I have no regrets. I certainly have NEVER regretted buying property. Our first house was…
This is a question I am often asked. First of all, what is net worth? Your net worth is the difference between what you own and what you owe. For example: You own a house worth $500,000 You have a…
Just having the ability to borrow money to invest in property may not make your investment the best thing since sliced bread. What’s more important is your attitude. You need to think differently to the average Joe. Don’t say…
Low interest rates Interest rates are at an all-time low and may even go lower. This is quite hard to imagine when we look back on the early 80s when rates hit 20%+. Rental market strength There is still steady…
We kiwis are well known for our DIY abilities but a rookie property investor mistake is to do repairs on the cheap. Experienced investors have the advantage, however. They develop a network of quality builders, plumbers, electricians, property maintenance people…
Now that the country is essentially back at work and some semblance of normality is returning, thoughts are turning to the question of whether it is now a buyer’s market. A recent survey by economist Tony Alexander showed that just…
As a budding property investor, do you have a property investment strategy? Property investing sounds easy but there’s a lot to take into consideration when beginning a portfolio. And one of the first things to organise is a property…
Ignoring rental property maintenance and repairs – another common mistake property investors make! So many people rush in and buy a property without doing their homework when it comes to rental property maintenance and repairs. Even when you do your…
Misjudging the rental market is a common mistake! Recently, a client was thinking of buying an investment property in a particular suburb. They had their heart set on it and felt it would be a good deal for them. But…
What’s the first rule of property buying? Choosing the right location! This is just as true of property investment as it is of personal house buying. One of the main mistakes rookie property investors make is not researching the location…