The Property Academy Podcast

In this episode, we are joined by Becky and Michael, a pair of podcast listeners who are currently building two properties on the back of their section. We go through the emotional rollercoaster of the build, and how they were hit by an unexpected $500,000 bill. Michael and Becky walk us through how they handled it, and what their next steps are in property investment.

In this episode, we delve into the financial aspects of selling a house, specifically, when and how you get paid from the sale. We begin by discussing the reasons why people are keen to get the money quickly, such as needing the cash to pay a deposit on their next property. We then break down the selling process, shedding light on when you actually get paid. You'll also learn what happens on settlement day, when the balance of the property price is paid. Main topics discussed: House Selling Process Deposit Payments Real Estate Agent Commission Legal Aspects Settlement Day We also mention our upcoming property investment bootcamp. This is in Christchurch on Saturday 29th July from 1 – 3pm. It's free to register. Click the link to book your free ticket.

In this episode, we discuss the latest property market data from the Real Estate Institute of New Zealand. This includes a look into which areas are increasing (and which are decreasing) in value. We also discuss the areas where more (and fewer) properties are selling. Ultimately, this lets you make an informed decision about whether (and where) to invest in New Zealand property.

In this episode, we discuss the recently updated Unit Titles Act, and what these changes mean for apartment owners in New Zealand. We start with a breakdown of the new laws that came into effect on 9th May 2023 and highlight the three main changes: Giving apartment buyers more information about the building so they can make a more informed decision. Forcing some body corporates to hire a professional body corporate manager. Increased emphasis on long-term maintenance planning, including the requirement that some body corporates will now need to create a 30-year long-term maintenance plan. Finally, we address the impact of these changes on body corporate fees and whether the increased disclosure and new rules could lead to higher costs for apartment owners. Main topics discussed: Apartments New Body Corporate Rules Unit Titles Act Changes Role of Body Corporate Managers Long-term Maintenance Planning Potential Rise in Body Corporate Fees We also mention our upcoming property investment bootcamp. This is in Christchurch on Saturday 29th July from 1 – 3pm. It's free to register. Click the link to book your free ticket.

In this episode, we discuss whether interest rates will go down over the next few years. We dive into the factors impacting interest rates and discuss why many people believe they might drop in the future. We discuss how the Reserve Bank has increased interest rates to combat inflation and explain how an inverted yield curve can signal expected rate drops. We also look at the Reserve Bank's own projections and recent inflation trends, which both suggest that we might have reached the peak of the interest rate cycle. Main topics discussed: Interest rates in New Zealand Interest rate predictions Inflation Interest rates Reserve Bank

In this episode, we break down the key differences between: Renovate to Flip vs Renovate to Hold. We dig into the unique considerations that each method demands: Buyer: whether you'll sell to an owner occupier or rent to a tenant. Building: The type of property you'll invest in. Bunnings (Building Materials): The choice of renovation materials based on look and how easy it is to replace. Budget: How much you should spend on a flip vs a hold. We wrap up the episode with some real-life success stories about successful flip and hold renovations. Main topics discussed: Renovation strategies Renovate to flip vs renovate to hold BRRRR strategy Renovating Flipping properties

In this episode, we dissect whether you should invest in Auckland – New Zealand's largest and most expensive city. We discuss the pros and cons of investing in Auckland. Highlights include: Auckland's house prices are currently 9.30% below their long-term average, suggesting potential growth. Historically, Auckland's house prices have increased more rapidly than the rest of New Zealand. Population growth in Auckland is set to fuel the demand for housing. However, Auckland's high house prices and lower yields present challenges for investors. We examine what kind of properties an investor should consider in Auckland and delve into who would most benefit from investing there. Main topics discussed: Auckland house prices Auckland property market Auckland property investment

In this episode, we are joined by Nitpreet, a listener of the show who joins us from the back of his family jewellery shop. He shares how his family are investing together in the South Auckland market and how they achieve their financial goals together. This includes why they want to invest and how they manage the family dynamic (and any issues that come up).

In this episode, we delve into the 23-step checklist you can use to identify good investment properties. This detailed guide covers five critical aspects of property investing: Location: things like historical capital growth, the property cycle of the region and population growth. Developer: Factors related to the developer's financial stability, reputation and their handling of issues. Banks / Lending: We explore whether banks will lend you money for the property. Building: Whether the property has a healthy yield, tenant demand, and whether it meets the Healthy Homes Standards. Pricing: We discuss the significance of appropriate and affordable pricing. You can download the checklist to use on your own property investment journey here.

In this episode, we discuss how couples planning to have children can invest in property, how to plan a portfolio, and what to look out for. This includes how to navigate the financial challenges that come with a single income while one partner is on maternity leave. We shed light on how having children impacts cash flow, borrowing capabilities, and your ability to invest. We also explore how maternity leave influences these dynamics. Main Points Discussed: The Impact of Having Children on Investing: Maternity leave Investing Before Having Children: Friendly Bank Policies for People on Maternity Leave: Strategies for Single-Income Families: