Archive | General

Don’t Eat Your Money

Don’t Eat Your Money

he biggest expense for a young family is the cost of housing. Rent and mortgage payments are fixed costs which can only be reduced by moving to a cheaper house, so when it comes to saving money we need to look at the next biggest expense, and that is the weekly shopping bill.

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Property managers being ripped off by the building industry

Property managers being ripped off by the building industry

I have spoken with a lot of property managers who are being ripped off and mucked around by the building industry. They are told by tradespeople “no, you don’t need a building consent to do this work”, only to find out later that they did. Or.. they were told to upgrade their building unnecessarily.

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Maintaining control of the environment

Maintaining control of the environment

Our recent encounters with mother nature (floods, earthquakes, etc) remind us that we are not always in control. There are changes planned for the building industry which also leave many feeling powerless. Is there a future for me? What will happen if the Government…? What can I do about it – little ol, me?

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Educating the trades when times are tough

Educating the trades when times are tough

The stats on numbers of building consents are not that flash. In fact the industry reports that a full recovery is a way off yet. But the busy times will come again that we can be sure of.

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Property Management Tip #4 – Charging Market Rents

Property Management Tip #4 – Charging Market Rents

So how do you ascertain what is an accurate market rent four your property? Below are a couple of great sources of information to use to determine market rent which are easily accessible and free:

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The changing battlefield of NZ Real Estate

The changing battlefield of NZ Real Estate

Its kind of like a battlefield, salespeople and offices don’t appear to collaborate very much. This will be where people’s perception of a ‘typical agent’ comes from. The industry has created a system that rewards the ‘superstar’.

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Your Views Count – Be Part of Our Survey

Your Views Count – Be Part of Our Survey

PropertyTalk.com is arguably the most active online property investor discussion forum in Australasia. Ninety percent of the monthly 25,000 traffic visits the NZ forums and that’s because Kiwis love property and it is well utilised as an active investment strategy.

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Recession Good Time for Property Investing or Not

Recession Good Time for Property Investing or Not

How long is a piece of String that is the answer to the above question? I believe that the answer to the above question is about making sure you practice the Fundamentals of Property Investing properly.

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Your house and rates

Your house and rates

Your house and rates.

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Sean Wood on The Beat Goes On 21 October 2010

Sean Wood on The Beat Goes On 21 October 2010

Sean Wood recorded this video last week so you can find out more about him and why he wants you to come along on Sunday 31st October.

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Subdivisions, minimum areas and cancellation of contracts

Subdivisions, minimum areas and cancellation of contracts

The Supreme Court decision in Mana Property Trustee Limited v James Developments Limited gives some useful advice about minimum area clauses which developers/purchasers entering pre-sales contracts should consider.

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Pre-sales contracts

Pre-sales contracts

We recently have been involved with development funding with one of the main banks. The requirements for the pre-sales contracts included:

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How Can Real Estate Agents Differentiate Themselves From Their Competition?

How Can Real Estate Agents Differentiate Themselves From Their Competition?

Does a seller (or buyer) really care how many properties a real estate agent has sold this year, or what the value of the properties they sold is.

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Tax isn’t fair – deal with it

Tax isn’t fair – deal with it

Over the next year or so, there could be some huge changes to the way you will be taxed in New Zealand. There are a lot of strange assumptions, which are driving the recommended changes.

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How not to be a property developer

How not to be a property developer

I just can’t help it – but I’m watching old episodes of How to be a Property Developer on Living TV. How sad is that?

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Give Your Home a Hug this Valentine’s Day

Give Your Home a Hug this Valentine’s Day

Valentine’s Day is usually spent taking a romantic vacation with your significant other or spending tons of money creating the perfect day. Like many you can end up spending hundreds of dollars for one day.

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