The Property Academy Podcast

In this episode, we discuss one of the largest property investment company collapses in New Zealand history. Blue Chip folded in 2018 owing property investors $85 million.  We detail what went wrong and what the industry has learned since then to ensure that property investors don't find themselves out of pocket in future. We also go on to mention our upcoming property investment webinar. This is happening on the 16th of February at 7pm, where we will debate: should you invest in main cities or small towns?

In this episode, we discuss how property investors now require 40% deposits if purchasing through BNZ and ASB. This episode was recorded just before the RBNZ released their new announcement about LVR changes. Since this episode was recorded, we know know that LVRs will be coming back at 30% from the 1st of March. These will then increase to 40% from the 1st of May. Throughout the show we also discuss which types of investors are likely to be most impacted by these changes.  Finally, we wrap up the show by discussing our upcoming property investment webinar. This is happening on Tuesday 16th of February from 7pm. Click the link above to register.

In this episode, we are joined for our final insurance-based episode by Simon Yarrell from Axico. Here, we discuss whether insurance companies will cover your investment properties against meth contamination. Some insurance companies will protect you in the event of contamination through your normal house insurance. But, importantly, not all will. This is important because the costs to fix a contaminated home can be $20-$40k depending on the damage. If you have an idea for a podcast episode, then we want to hear from you. Send us a text on 5522.

In this episode, we discuss what some property investors in New Zealand will say to the bank in order to get their lending approved.  Just to be clear, we do not endorse telling any lies or fibs of any kind to the bank. This is just to give you an idea of what some people will say in order to get their lending approved.  We also mention our upcoming property investment webinar, which is happening on the 16th February at 7pm, where Andrew and Ed will debate whether you should invest in main centres or small towns. 

In this episode, we discuss how parental leave impacts your property investment portfolio. We start with a discussion around mortgage serviceability and how living on a reduced income can impact what a bank is willing to lend you.  We then discuss how to get around the rules, and which banks are more willing to work with you at different parts of going on parental leave. Finally, on Tuesday February 16th at 7pm we are holding a property investment webinar to debate whether it's better to invest in main cities or small towns. Click the link above to register. 

In this episode, we discuss how to increase the rent on your investment properties the right way. We walk through the steps you legally need to take, for instance giving 60 days written notice to your tenants, with a start date. we also go through what happens if your tenant doesn't agree with how you've increased the rent and the process you need to go through to come to an arrangement. Finally, if you have a topic you'd like us to talk about on the podcast, then send us a text. Our number is 5522. It would be great to hear from you.

In this episode, we discuss a recent article published in Stuff where landlords have published a "Bad tenants" list, which falls in breach of the Privacy Act. These landlords have clearly been hurt by tenants in the past, which suggests that they've become too emotionally involved with their portfolios, and haven't been able to separate themselves from the business. You'll hear the key takeouts, along with the lessons for your own property investment portfolio. Got a topic that you'd like us to talk about on the podcast? Send us a text. Our number is 5522. It would be great to hear from you.

In this episode, Ed and Andrew are joined by Simon Yarrell from Axico to discuss how insurance works for townhouses and apartments.  We discuss how insurance is handled for townhouses, and particularly what happens if your townhouses don't have a body corporate. We also detail whether an insurance company would even insure a particular development or set of townhouses based on their configuration.  If you have a topic you'd like us to talk about on the show. Then get in touch. Send us a text. Our number is 5522.

In this episode, we are once again joined by Simon Yarrell from Axico to discuss how the insurance industry is changing in some parts of New Zealand.  Simon shares that insurance costs in Wellington, for instance, are up to 3x higher than in Christchurch, Wellington and Auckland. That adds additional costs for property investors, which has the potential to push rents higher.  We also mention the Property Academy Video course. This 19-lesson property investment video course teaches you the fundamentals of how to successfully invest in property in New Zealand. 

In this episode, we are joined by Simon Yarrell from Axico to discuss the insurance market in New Zealand. Here we go through the key types of insurance that property investors should get ... and a few that may not be as important.  The first type of insurance discussed is house insurance. Here, we discuss the changes that have occurred in the way that companies grant insurance and what they will insure, since the Canterbury earthquakes. We also discuss the quirks of landlords insurance and what to look out for in your policy documents.  We wrap up the show by discussing the Property Academy video course. This 19 lesson property investment video course teaches you the fundamentals of how to invest in property here in New Zealand.