It’s Christmas and time for a property investment feel good story! NZHerald have a property investor story online today. It’s about a young Aussie couple who have invested their way to A$10 million in just six years. Reading between the lines you can identify the couple’s traits used to walk their own path rather than follow the crowd. It’s therefore a must read for young people needing confidence to start their adult life on their own terms.
Tag Archives | property investor
It’s that time of year when property investors get ready for PropertyTutors’ one day property investing event called Property Masters. The event is held in Auckland and Wellington twice a year and it’s always popular among property investors. While the event’s format remains the same each time, the content is up-to-date and the event provides property investors with real examples of the buy-renovate-sell strategy called property trading and the latest on property funding and accounting from renown professional services firms.
Auckland apartment investor and mentor Grant Hoey says 2015 was hugely popular for property trading in Auckland apartments. Property trading is the term more frequently used to describe the process of buying, doing up and selling property for a profit.
Traditionally property investors bought property for the rental yield and potential capital gain was considered a bonus rather than the core reason for the purchase. Nowadays with property values making headlines almost weekly there has been a notable shift in what’s important to a growing number of investors.
Homeowners could become property investors as a result of Auckland Council’s easing of density limits in selected areas of Auckland. Glenfield on the North Shore is earmarked as an area suitable for the new density limit with homes able to occupy as little as 200 sq metres. Under this new limit a homeowner in Glenfield with say an 800 square metre section could remove their home and build four townhouses before they could build just two.
The holiday season is just around the corner and a ‘Bach for Christmas’ is now firmly in the sights of some property owners looking to spend their newfound home equity.
The average property increase in Auckland since 2011 is 34 percent and homeowners are ‘doing the numbers’ and finding ways to spend up.
It’s going to be a busy day at the Auction for this property. It really does tick all the boxes says property investor now Real Estate Agent, John May.
John May has been investing in property for a couple of decades and he’s a avid member of the local property investor community.
I once heard a story about a property developer who purchased a property for residential redevelopment. Integral to the due diligence investigations was a LIM which clearly identified the location of services. Services were in a convenient position to enable redevelopment and the developer in our story proceeded