The Property Academy Podcast

In this episode, we rank the banks. This includes talking about 5 of the major banks in New Zealand (ANZ, BNZ, ASB, Westpac and TSB). We rank them in order of which banks are most willing to lend money based on their income criteria. For this, we are joined by two mortgage advisers – Peter Norris and April Hastilow, both from Catalyst Financial. Of course, this episode is based on the experience of the two brokers (and they don't always agree). And just because one bank might provide the "easiest" yes for one person doesn't mean it will be the same for another. Similarly, even if a bank has stricter lending criteria, it could still be the right fit for you. This episode aims to help you become a more informed investor, so you can appreciate that not all banks are the same.

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.

In this episode, we discuss whether Dunedin is a good place to invest (right now). This includes a deep dive into the latest data for this student city, and a discussion about which parts of Dunedin could be good for investing. Of course, Dunedin has a lot of young students, which presents its own set of risks. So we talk through how you can handle some of those risks. Ultimately, this will help you decide whether investing in Dunedin is the right fit for you and your portfolio (or not).

In this episode, we compare progressive payments vs turnkey properties. We go through TradeMe to look at the hidden costs of purchasing a progressive payments build and how Kiwi property investors can tell the difference. This analysis shows that a 'seemingly' cheaper property can be more expensive simply because of the hidden costs not disclosed on TradeMe. Ultimately this helps you become a better property investor because you'll know what to look for when evaluating an investment property.

In this episode, we discuss the Reserve Bank's most recent increase in the OCR and how this will impact mortgage interest rates. We analyse the Reserve Bank's press conference and examine how house prices might change based on the bank's analysis. This provides clues about where the OCR may go and how it could impact your property investment strategy.

In this episode, we discuss how couples can get on the same page when it comes to property investment. No, that doesn't mean that one partner convinces the other that they should invest in property ... it's about deciding whether property investment is the right fit for you and your relationship. We go through why couples get into conflict when it comes to property and the 4 ways you can get on the same page. Ultimately this allows you to move forward together as a couple.

In this episode, we discuss how one leaky homeowner won over half a million dollars from her former building inspector. This homeowner thought she was doing the right thing. She was given a building report from the real estate agent and even called the building inspector to make sure the home wasn't leaky. When she moved in, she quickly realised ... it was. She took the building inspector to court and won! The most interesting part – she wasn't even the building inspector's client. She didn't pay them a cent. This is a fascinating case study as it turns some of our traditional advice on its head. This is a must-listen for first-home buyers, homeowners and property investors. Through this, you'll learn whether you need to hire a building inspection company (or whether you can now rely on one given by a real estate agent). You'll also learn what you need to look out for when buying existing properties.

In this episode, you'll hear from Ilse Wolfe, a property investor and coach from Opes Accelerate. Here, you'll learn how to build a power team for your property investment journey. This includes who you need in your team when you follow a renovation strategy, how to use them and what they cost. This includes how to work with builders, plumbers, electricians, plasterers and valuers. You can then use this information to plan your next renovations-based property investment project. Key topics: BRRRR, Power Team

In this episode, you'll learn the 5 things that investing in property could stop you from doing. If you borrow hundreds of thousands of dollars to purchase an investment property, the bank might not let you borrow money for other things. This could mean that investing in property stops you from upgrading or renovating your own home. Or it could stop you from borrowing for a new car, a holiday home or buying a business. This episode is to help you fully understand the choice you make when purchasing an investment property so you can make sure it is the right fit for you. Key topics: property investment, borrowing

In this episode, you'll learn the 3 main costs of investing in property. These include 1) the purchase price, 2) the cashflow of the property and 3) the set-up costs. You'll learn how a standard new build property typically costs between $550k – $1.1 million. However, the rent of this property won't cover all of the costs to own it. That's why investors need to top up their properties by $300 - $500 a week. On top of that, there are set-up costs, which investors typically need to pay $4k - $7k. Ultimately this will let you know how much you need to pay in order to buy and own an investment property. Key topics: cost to invest, set up costs, cashflow