Property Investing and the Lavish Lifestyle

Human beings are funny people.  Some seem to think that they can have a lavish lifestyle and build a property portfolio on a small income, i.e.  under $100,000 per year. Ah Nah, in my opinion. Investing in property is a…

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Simple Improvements to attract good tenants

Lazy landlords unfortunately are rife in New Zealand and it doesn't have to be this way. Here are a few simple cost effective tips to improve your property: Improve the view from the street by spending a few hundred dollars…

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Why Most Property Investors Fail

There are a myriad of reasons and excuses for the above. If we look at how simple investing is first.  There are basically 2 ways you make money on property: The property increases in value The debt on the property…

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Changing Property Managers

Finding a good property manager is hard, however changing from a dud can be even harder.  Right? WRONG Unfortunately the relationship with a property manager generally deteriorates slowly and one feels you are making a mountain out of a molehill,…

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Is the Garden Tenant Friendly?

Some landlords go overboard with the standard and style of garden at their properties. Let's face it, very few tenants love doing someone else's garden, so keep it simple. If you don't you will need to employ a gardener. Some…

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Beware The Red Flags when buying

A red flag should flap vigorously in your head when some of these things happen when you're buying a rental. If it feels wrong it usually is.  Trust your gut instinct because it's normally right. Don't succumb to  FOMO -…

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Why Buy a Brand New Property?

This is an age old question with many answers.  So here's a few thoughts to consider: Currently with LVR rules you only need 20% maximum deposit, rather than 40% for an existing house. Maintenance budget is way less than an…

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Thinking of Renovating?

This can be a fun thing or a disaster.  Renovating a rental is a very fine balancing act. Putting Italian marble tiles in the entrance way will look fabulous, however your tenant won't thank you, won't pay any more in…

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