The Property Academy Podcast The Starting Blocks (property investment stage) – 2025 update ⎥ Ep. 1945
Jan 7, 2025
Explore the Starting Blocks stage of property investment and discover how to buy your first home effectively. Learn about changing policies that affect first-time buyers, including the impact of the first-home grant removal. Delve into creative buying strategies, like moving to cheaper markets or pooling resources with friends. The hosts also discuss how to build equity through renovations or smart mortgage paydowns. With record activity among first-home buyers, find out how to seize current market opportunities!
AI Snips
Chapters
Transcript
Episode notes
Buy First, Then Build Equity Fast
- Buy your first property then build equity so you can buy a second and exit the starting blocks.
- Build equity by aggressively paying down the mortgage or renovating to add value.
Government Programs Have Shrunk
- Several government programs that helped first-home buyers have been discontinued.
- The removal of KiwiBuild and underwrites reduces rare discounted purchase opportunities.
KiwiBuild Buyer Who Leapt Into Investing
- Stephen recalls a KiwiBuild buyer who paid $650k and saw his property's value jump to $900k.
- That equity allowed him to move into investing quickly and changed his trajectory.