In this epsiode, we discuss the New Build properties that Kiwis should stay away from.
This includes what to look out for when you are searching for a New Build property on TradeMe.
The main ones to look out for are:
- staying away from 1-bed properties and studios,
- staying away from expensive brand-name developers,
- watching out for leasehold properties, and also
- whether the property is turnkey or a progressive payments build.
Ultimately this allows you to go into property investment with your eyes wide open, able to make a good investment decision.
The Property Academy Podcast