Investing in residential property has well and truly lost it’s shine in 2018, especially in the state of Victoria and New Zealand. In the UK, Landlords are more philosophical about changes to tenancy laws. A recent survey suggested around half are actually positive about Land-lording even with the obvious challenges ahead namely Brexit and the […]
Business travellers are often considered the ideal Airbnb guest. Booking properties outside of busy weekends and holiday periods, reliability and the potential for repeat return visits, targeting business travellers with your Airbnb listing can prove a lucrative and low maintenance niche. But how do you go about attracting such clientele? Well, there are several things […]
The question being asked in the discussion forums of PropertyTalk.com right now is – “In 2018 will Landlords flee the market in droves due to rules and regulations changes like the Healthy Homes Guarantee Bill and Labour’s desire to end tax breaks for Landlords and Property Investors or will the y be resolute and hang […]
New Zealand has a new Labour led coalition government and property investors are worried. In PropertyTalk’s investor discussion forums a well known user (an Accountant nonetheless), has started a thread suggesting investors have cause to be concerned about what this Government will do not only in their first term, but how it will challenge the […]
Investing in residential property in New Zealand can be a big winner and there’s less to worry about than you might believe especially when you focus on the right requirements to firstly get the property and then how to manage it so it’s adding value i.e. equity and cashflow as a rental property.
Investing in Auckland apartments is a great way to get on the property ladder says a couple of property experts. Dave Windler of Mortgage Supply and long time apartment investor and mentor Grant Hoey agree there’s a lot more demand for Auckland apartments from first home buyers and it’s not just investors signing on for inner city apartments mentoring. Grant Hoey has provided his Auckland apartments mentoring service for over 10 years and says many of his clients are first-time buyers seeking support and guidance with the ever-growing apartment market.
It’s official the Auckland apartments market is the latest to compared to house and land packages in the regions and it’s thanks to growing demand and more options available many not just in the heart of the city.
Auckland can not bring new apartments online fast enough. Demand for the smaller abode is coming from everywhere. Migrants, offshore buyers, empty nesters downsizing, first home buyers and property investors are all vying for new or newly renovated apartments. The older apartments however are ignored by these buyers and picked up by Grant Hoey’s investor clients whom have enjoyed a profitable 2016 renovating these apartments for on-sale and often achieving the end to end deal in as little as four weeks.
The LVR restrictions have stopped many property investors in their tracks. However some investors have been using a strategy called The Property Staircase and getting amazing results. Property investment education has been on the rise since October 2016 and with demand comes supply. New property experts have popped onto the education scene offering seminar and mentoring services.
Property experts say investors need to push back when they get a ‘no’ from their bank and keep going until they get a ‘yes’. Investors shouldn’t give up at the first hurdle says Dave Windler of Mortgage Supply Company, as there are funding options available to them and there’s also plenty of property experts keen to assist with strategies that work in today’s market.
With ever-increasing costs, Landlords often wonder if they’re doing the right thing using a Property Manager, and it’s a topic that’s discussed a lot on PropertyTalk. Why pay for the service when they could do it and save hundreds of dollars every year per property? Well one reason to not do it yourself is all the rules and legislation. The use of property management firms is increasing due to the complexity of owning rental properties today.
Donald Trump is sworn in as President of the United States this week and the world as we know it will be a different place. Borrowing interest rates are rising and NZ banks are having to borrow more overseas to fund existing lending commitments according to this news item.
