Choosing a Property to Renovate

Choosing a Property to Renovate

31 March 2011

The current state of the economy has stopped a lot of people in their tracks. Many are of the view that they will 'tread water' for a few years until the economy improves. Others are taking this opportunity to pick up a bargain, often helping a distressed seller in the process and making a profit from their efforts.

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Posted in Renovations0 Comments

Why Property for Investment

Why Property for Investment

22 March 2011

A good post on the benefits of property as an investment option. The post covers the basics of property investment and contains a 8 point list of benefits.

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Posted in Property Investment0 Comments

What would you do in the following situation?

What would you do in the following situation?

21 March 2011

Most of my clients are business people ranging from sizeable businesses to small one man (or woman) operators, or part-time business owners. They call them these days Small to Medium Enterprise (SME).

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Posted in Insurance0 Comments

Exterior reno’s – maximising the first impression of your property

Exterior reno’s – maximising the first impression of your property

18 March 2011

The exterior of your property is the first thing your buyer, your tenant or your valuer sees, so it's critical to get it looking spot on. Will you create a property exterior that is so-so and risk potential buyers and renters to just drive on past?

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Posted in Renovations0 Comments

The price is the price except – when no-one knows it!

The price is the price except – when no-one knows it!

17 March 2011

Auctions this week were as predicted attended by a growing number of owner occupiers and investors alike. The majority of apartments were sold under the hammer with spirited multi bidders.

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Posted in Property Investment0 Comments

OCR cut by 50 basis points to 2.5%

OCR cut by 50 basis points to 2.5%

10 March 2011

The Reserve Bank this morning cut the OCR as we expected by 50 basis points encouraging an immediate drop in floating rates by Westpac, ASB, BNZ and Kiwibank of an equivalent amount….. Continue reading →

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Posted in Finance0 Comments

Rate changes, policy changes and LAQC’s

Rate changes, policy changes and LAQC’s

06 March 2011

A fair bit happening this week to say the least. As expected, further to ANZ/National’s move, the other lenders have dropped fixed rates and they have settled to within a whisker of each other….. Continue reading →

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Posted in Finance0 Comments

What Makes A GREAT Investment Property?

What Makes A GREAT Investment Property?

02 March 2011

Why do some property investors seem to be able to continually add to their property portfolio, whereas most buy a few properties and then can’t go any further? One of the main things that separates the really successful investors from the average investors is the properties they choose to buy.

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Posted in Basics, Featured0 Comments

Property managers being ripped off by the building industry

Property managers being ripped off by the building industry

21 February 2011

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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Posted in General1 Comment

The Educators Catch 22: Knowledge to Action is Not a Scam

The Educators Catch 22: Knowledge to Action is Not a Scam

09 February 2011

This post is not just about Knowledge to Action (accused by a small minority of people as being a scam) but for all the educators out there.

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Posted in Mindset0 Comments

Maintaining control of the environment

Maintaining control of the environment

09 February 2011

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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Posted in General0 Comments

Gifting your house to the trust, does it really work?

Gifting your house to the trust, does it really work?

02 February 2011

The transfer of homes into trusts is common place. It is done every day. People do it to protect their assets, to create a distinction between the entity owning the significant assets and the person taking on board liabilities.

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Posted in Legal0 Comments

Owners Going Abroad

Owners Going Abroad

02 February 2011

The recent amendment to the Residential Tenancy Act (RTA) has a significant change which will affect property owners who have a tenanted property in NZ, and who are intending to travel out of the country for more than 21 consecutive days.

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Posted in Tenants0 Comments

Educating the trades when times are tough

Educating the trades when times are tough

02 February 2011

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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Posted in General0 Comments

Property Management Tip #4 – Charging Market Rents

Property Management Tip #4 – Charging Market Rents

02 February 2011

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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Posted in General0 Comments

What the last census tells us about apartment dwellers…

What the last census tells us about apartment dwellers…

14 January 2011

I stumbled on the ‘Apartment Dwellers’ section of the 2006 Census yesterday. It’s actually very interesting! It also makes you wonder how much longer we’ll be doing this only every 10 years… If its online, couldn’t we do it more often? SO much can change in 10 years it seems the data is only useful for a few years. If it helps people and businesses make smarter choices then lets do it!

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Posted in Tenants0 Comments

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