The Property Academy Podcast

In this episode, we discuss whether you should go to a bank or a financial adviser when trying to figure out your property investment goals.  We discuss a case study of a listener of the show – Wade – and his experience when he went into a bank at Ashburton to discuss what he should do to grow a portfolio.  We also go through the differences between working with a bank and a mortgage adviser and the differences between a mortgage adviser and a financial adviser.  We also mention that if you're looking for a good mortgage broker, you might like to check out our sister-company, Catalyst Financial. Click the link to view their website. 

In this episode, we discuss the 7 proven tactics that property investors can use to increase the rent on their investment properties.  This is important in today's market, where high house prices, rising interest rates, and a higher cost of living mean that some property investors may struggle to keep their properties if their rent doesn't rise.  These tactics include raising the rent to the market level, including furnishings in the property, renting via Airbnb, and renting the property out over a shorter term. We also mention that you can watch the video version of this episode by subscribing to the Opes Partners YouTube channel. Click the link to subscribe. 

In this episode, we discuss a case study of two investors – William and Catherine. We go through the intimate details of their financial situations, including what they earn, how many properties they currently own and what they're worth.  You'll then get an understanding of how close they are to achieving their financial goals and what their next steps are in property.  Ultimately, that lets you compare your situation to William and Catherine's to see whether what works for them ... might work for you too. We also mention that you can download our Return on Investment spreadsheet to create a cashflow forecast for your investment properties.

In this episode, we discuss the psychological concept of loss avoidance and how it relates to property investors in New Zealand.  We go over how many Kiwis want to build a property investment portfolio. But they're often scared to do so because they don't want to lose money.  So this episode takes you through how you can overcome loss avoidance and feel confident when investing in property.  You'll also learn the stats of how often houses go down in value and when that happens.  We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.

In this episode, we discuss one of the most fundamental concepts in property investment – leverage.  This is the idea that you can use other people's money (OPM) to invest and build an asset base (and only a little of your own).  This includes a look at the three different types of leverage most Kiwi property investors use –  1) borrowing money from the bank against the property they're buying,  2) borrowing money from the bank against their own home, and  3) using the tenant's money to pay the bulk of the bank's interest costs. 

In this episode, we discuss how much it costs to purchase a standard investment property in New Zealand across different cities and strategies.  This means that property investors and first-home buyers can set a budget for how much they need to spend to purchase a property.  We also revisit the numbers we shared the last time we recorded this type of episode – back in April 2022. This allows you to see how the property market has changed over the last 9 months.

In this episode, we are joined by mortgage adviser – Peter Norris from Catalyst Financial to discuss the 7 strategies property investors need to know to master their mortgage.  This includes the Mortgage Buster, the Debt Destroyer, the Earn Baby Earn, and the newest strategy, "Bugger the Banks" – i.e. using a non-bank lender.  This allows property investors, first-home buyers and existing homeowners to understand what they can do to borrow more.  We also mention that you can download this ebook to learn about all of the strategies in more depth.

In this episode, we discuss what first-home buyers need to do when purchasing a house to live in throughout 2023.  This includes a look at how much deposit first home buyers need, how to calculate how much money they can afford to borrow, and the type of property to buy.  This is based on the information in our recently released book – Wealth Plan, which shows investors how to use property throughout their lifetime to eventually retire on real estate.  We also mention that if you want help buying your first home, check out our first home buyers service – Opes First Home.

In this episode, we are joined by April Hastilow, a mortgage adviser at Catalyst Financial, to discuss an example of the sort of advice property investors should not follow.  This comes from a story when April was working with a property investor who put a new build under contract. The investor then took advice from their accountant to start their own business.  In the end, this meant that the property investor's finance fell through, and they had to pay a substantially higher interest rate. We also mention that if you want to learn more about property investment, subscribe to the Opes Partners YouTube channel.

In this episode, we are joined by Kathy Faulkner to discuss a case study of a property investor who paid $12,000 to a financial adviser to get financial advice and access to the financial adviser's information.  But, in the end, these investors didn't see value in the information that was provided. We walk through what this investor did to get their money back and what their next steps in property investment are.  We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.