The Property Academy Podcast
Opes Partners
The Property Academy Podcast is a daily show that gives you insight, analysis and strategies for how to get the most out of the NZ property market.
It's hosted by Ed and Andrew from Opes Partners.
Ok, now for the legal bit. The Property Academy Podcast is for your general information. It’s not financial advice.
So the hosts aren’t telling you what to do with your own money. We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
It's hosted by Ed and Andrew from Opes Partners.
Ok, now for the legal bit. The Property Academy Podcast is for your general information. It’s not financial advice.
So the hosts aren’t telling you what to do with your own money. We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
Episodes
Mentioned books
Mar 30, 2023 • 16min
The Du Val Dilemma: Will Du Val Go Broke? What Property Investors Need to Know ⎜ Ep. 1296
In this episode, we discuss whether Du Val – an Auckland-based property developer – will go broke in the near future.
We detail the warnings the Financial Markets Authority has sounded about the developer's mortgage funds. We also discuss the recent news that a Du Val-related entity has gone into a court-ordered liquidation.
Finally we discuss how long their properties are taking to be built, and how that could impact the cash flow for the business.
We also mention our:
YouTube review on Du Val properties
Article review on Du Val properties
Mar 29, 2023 • 10min
Borrowing Money Through Look Through Companies – What Property Investors Need to Know ⎜ Ep. 1295
In this episode, we discuss the finer details of borrowing money to invest through a look-through company.
When an investor decides to purchase a property through a look-through company (or a trust) they will often need to sign a personal guarantee.
This means that if the investor stops paying the mortgage, they are on the hook for the money they owe (rather than the trust of the look-through company.
We go through what this means and the different options property investors have to protect themselves.
Mar 28, 2023 • 13min
Interest Only Loan Extensions: How To Keep Getting Interest Only On Your Investment Properties ⎜ Ep. 1294
In this episode, we discuss how an investor can continue borrowing money on interest-only for as long as possible.
This is based on the story of a Queenstown-based investor who messaged into the show and is struggling to get her mortgages approved for interest-only.
This is causing stress for her household budget as all her mortgages are currently on principal and interest.
Mar 27, 2023 • 12min
How to Read a Property Management Statement – A Guide for Property Investors ⎜ Ep. 1293
In this episode, we discuss how to read a property management statement.
We go through real examples of property management statements, picking up on any anomalies within the statements.
Ultimtaely this will help property investors get a sense of what money comes in and goes out when working with a property manager.
Mar 26, 2023 • 15min
Misleading! Developer's Cashflow Trap Revealed + Hidden Risks of Developer-Provided Cashflows ⎜ Ep. 1292
In this episode, we discuss a set of financial projections that have been prepared and marketed by Williams Corporation.
We go through the numbers presented in these cashflows and unpack whether they are robust (or not). This includes looking at whether all the correct expenses have been included, whether the rent is correct ... and even whether the purchase price is correct.
All of this is so property investors can understand the hidden risks of accepting a developer provided cashflow.
Mar 25, 2023 • 20min
Case Study Sunday: Millionaire at 26 – Simran Kaur From Girls That Invest Shares Her Property Journey ⎜ Ep. 1291
In this episode, we are joined by Simran (Sim) Kaur from Girls That Invest to discuss how she became a millionaire at 26.
We walk through her property investment journey and talk about the first home she purchased in Hamilton, and how she's renovated the property.
We also discuss her next moves in property and how she splits her investing between shares and real estate.
Mar 24, 2023 • 21min
Is Mary Holm Wrong? Ed + Andrew Respond to Mary Holm's Comments in the NZ Herald ⎜ Ep. 1290
In this episode, we discuss a recent column written by Mary Holm for the New Zealand Herald. This column discusses whether a potential property investor in Auckland should buy an investment property (or not).
We go through Mary's column line by line to show whether we agree with her advice or not. Ultimately this is to show the differences between New Zealand financial commentators, including their points of agreement and disagreement.
We also mention that you can read Opes Partners Disclosure statement, which goes through the important information about how Opes Partners operates.
Mar 23, 2023 • 17min
Renovation Costs: How Much Does a Renovation Cost? ⎜ Ep. 1289
In this episode, we are joined by property investor, Ilse Wolfe from Opes Accelerate, to discuss how much a renvoation costs for an investment property.
We walk through each of the Cashflow Hacking steps going through exactly what each step costs.
Ilse shares that the average renovation typically costs between $60 - $80k, and that the sweet spot is usually $65k. However, this depends on the value of the property and a number of other factors.
Mar 22, 2023 • 14min
Pay Up: What To Do When Your Tenant Doesn't Pay Rent ⎜ Ep. 1288
In this episode, we discuss what property investors and landlords should do if their tenants don't pay rent.
This includes the practical steps to take (such as contacting your tenants) and the specific legal steps you need to take.
This is useful for property investors ... even if you use a property manager. This is because you need to understand the steps that your property manager will take to get the rent paid and anything they can do to remedy the situation.
Mar 21, 2023 • 14min
Declined: Tenancy Tribunal Says “You Can’t Increase The Rent That Much” ⎜ Ep. 1287
In this episode, we discuss a recent Tenancy Tribunal case where the adjudicator determined that the property investor had set the rent too high.
We go through the tenant's response and how that decision to increase the rent impacted the landlord/tenant relationship.
We also discuss what the tribunal's decision really means for property investors and whether there is a limit to how much a property investor can increase the rent for their tenants.
