The Property Academy Podcast

In this episode, we discuss the end game in property investment and house price growth. This includes playing clips from Jacinda Ardern's 7th December press conference, and several clips from the leader's debates.  We also talk about the rise in household income growth, which has been solidly above 4% for the last 12 years in New Zealand. This includes a massive 7%+ increase in incomes during 2018. This suggests that even if house price growth falls to the rate of income growth, house price inflation could be solid into the future.  We wrap up the show by asking for your help, to help us get to 100,000 downloads of the show per week. Right now, we are sitting just under 30,000 ... and with our 500th episode released we want to go further. As soon as we hit 100,000 downloads of the show per week we'll launch a national tour of the podcast. So please, rate, review and subscribe. 

In this episode, we discuss how to negotiate down your interest rate with the bank. This includes making sure that you are asking for a rate-discount, and how much to expect you could get off your rates. After the key tactics, we walk through how to make yourself look more attractive to a bank, to ensure that you're the sort of customer that a bank actively wants to attract.  If you've got an idea for a podcast episode, then give us a text. Our number is 5522. It would be great to hear from you. 

In this episode, we discuss serviceability ... which answers the question "do I have enough income to get my mortgage approved through my bank? We go through the minimum bank expenses that ANZ currently assumes that you pay each month, along with how that changes based on how many people you have within your household. This episode is based on a minimum income calculator, which we recently released. This allows you to put in details about your household composition and see the minimum income you'd be required to have in order to get your next investment property approved. 

In this episode, we discuss the latest property market data released from the Real Estate Insititute of New Zealand. Some of the key takeaways include that property prices rose by over 2% in the month of December ... and the number of homes sold in Auckland for the month was up 66% on 12 months prior. We also detail the top concerns that buyers have in the market right now, and how those have changed over the last 6 months ... as well as the key factors that are motivating investors.  We also talk about the Property Academy Video Course. This is a 19-lesson property investment video course that teaches you the fundamentals of how to invest successfully in New Zealand real estate. 

In this episode, we discuss how to be successful and win in Tender and Auction sales processes. This is the third part of our three-part series looking at each of the different sales processes we use in New Zealand, with how to be successful in each.  Here, we go through tactics you can use to pull on the human side of the person selling their property, such as writing handwritten letters ... or by offering a better deal, which you have the full intention to negotiate later.  But, we also want to know what tactics you use to win in each of the four sales processes. Perhaps you think we missed out a few crucial tactics. Send us a text to let us know. Our number is 5522.

In this episode, we discuss how to be successful In price by negotiations and deadline sales processes as a buyer. This includes a discussion of age-old negotiation techniques, such as crossing out prices, and whether these are still relevant in today's market.  If you're an investor looking for the right types of properties, then these techniques should help you have the confidence to negotiate and get a good deal. Don't forget to tune in to tomorrow's episode, where we will talk about how you can be successful in tenders and auctions.  If you have a topic you'd like us to discuss on the show, then give us a text. Our number is 5522.

In this episode, we discuss the four main sales processes in New Zealand and when each one of them should be used. These include 'price by negotiation',  tenders, auctions, and 'deadline sales'. We conclude that the right process for you is going to be based on both the type of property you have and where your local property market is within its cycle. That's because some processes are geared towards markets that have more competition and others are better when there are less people looking for properties at the time you sell your house.  This is part of a two-part series. In the next episode (episode #495) we'll discuss how to be successful in each of these as a buyer of property, rather than as a seller.

In this episode, we discuss where the cheapest rates are in New Zealand as a percentage of the value of each property, along with why this matters.  This topic comes from a listener of the show, Barry, who wanted o know how rates are impacting the cashflow of property investors around the country. We go through specific suggestions of new rates from councils like New Plymouth District Council, along with how some councils rates their residents.  If you have a podcast topic you'd like us to talk through, then give us a text. out number is 5522. It would be great to hear from you. 

In this episode, we discuss at what point you should take profits from your property portfolio. This is both in terms at what point in terms of your financial life, and then also in terms of the property cycle. Our conclusion is that it's only right to take profits from your portfolio as a long term buy and hold investor once you are comfortably on track to hit your long term goals, otherwise you'll be making a sacrifice. And that you shouldn't sell a property until property prices have flatlined.  We also mention a few calculators and tools to see whether you are on track to hit your financial goals. For instance, usse this retirement calculator to see what your retirement gap is so you can start closing it. For a more indept view, use this MyRetirement calculator instead.

In this episode, we discuss how to manage your property investment bank accounts so that you don't go into unarranged overdraft or miss an important mortgage payment.  The strategy discussed is to set up your accounts so that all rent from all properties goes into the same account, with all expenses also coming out of that account. This saves you from having to move money around and each property can subsidise each other temporarily if needed.  We also mention our property investment cashflow calculator. You can use this calculator to get a ballpark idea of the cashflow position of your property.