The Property Academy Podcast

In this episode, we discuss the recent letters sent between the Minister of Finance (Grant Robertson) and the Reserve Bank Governor (Adrian Orr).  Mr Robertson had written to the Governor about his concerns around rising house prices. He suggested a small change to the remit of the central bank, that would explicitly ask the Reserve Bank to consider rising house prices when making monetary policy decisions.  If you have a property investment topic you'd like us to talk about, send us a text. Our number is 5522. It'd be great to hear from you. 

In this episode, we are joined by Nigel – a listener of the show – who funded his overseas experience and travel through his investment properties.  Here, Nigel shares how he did it, his current portfolio structure and size, and also his advice for investors who are just starting out on their journey. This episode came because Nigel texted in the topic idea through our number 5522. If you'd like us to talk about a topic on the show, then send us a text. Our number is 5522.

In this episode, we discuss the Healthy Homes Act and the percentage of properties that don't meet the standards. This is based on the property management book of Venture Management, our inhouse property management firm. We find that there are 6 key areas where properties are failing the new standards: draughts, insulation, heating, ventilation, drainage, and windows. Remember, if you have a topic that you'd like us to talk about on the show, send us a text on 5522.

In this episode, we discuss the difference between the Treasury and the Reserve Bank ... and their respective impact on house prices.  The Treasury exists to advise the government on its fiscal policy (the money the government spends), while the Reserve Bank focusses on monetary policy, such as lending and bank regulation. All up, the Reserve Bank has more of an ability to impact house prices as compared to the Treasury.  Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.

In this episode, we discuss who the largest property developers in New Zealand are. This is based on the data released from BCI, a data firm, who focusses solely on the construction industry.  We go through the stats for each region to point out some key differences within each part of New Zealand. Finally, we wrap up by talking about the usefulness of the data and how you would practically use it in your investing strategy.  Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.

In this episode, we discuss how to get the bank to renew your interest only loan. This is a critical topic, because sometimes your interest only period and your fixed interest period can get out of sync.  This becomes an issue for property investors who mid-way through a fixed interest period find themselves paying principal and interest, and not being able to get out of it without paying a break fee.  Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.

In this episode, we discuss the difference between the term / timing that a bank will document a loan over to calculate minimum repayments and the actual term that you pay the mortgage back over.  This is important for investors to get their head around, because if you increase your repayments and allow the bank to shorten the documented term, then you will hurt your ability to get further lending for investment properties. Have a podcast topic or an idea for a show? Or perhaps just want to chat? Send us a text. Our number is 5522.

In this episode, we discuss Labour's new top tax rate of 39% and whether it will have an impact on property investor's ability to secure a mortgage.  Throughout the show, we run multiple models to figure out exactly how much less a high-earning property investor would be able to borrow from the bank. We end up agreeing that fro each $10k you earn over the threshold ($180k), you will be able to borrow about $8.5k less than you otherwise would be able to.  We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.

In this episode, we discuss the LVR restrictions that are soon to be reintroduced by the Reserve Bank of New Zealand. These are expected to be reintroduced in March 2021, after the central bank finishes its consultation. It's generally expected that investors purchasing existing investment properties will require a 30% deposit. We also expect that investors purchasing brand new properties will be able to purchase with the existing 20% deposit.  We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back.

In this episode, we test out a new format where Ed has selected clips from the Reserve Bank's latest monetary policy statement.  Most interestingly, the RBNZ has announced a Funding For Lending programme. This is where the central bank will lend up to $28 billion to retail banks to on-lend to mortgage holders and businesses.  The central bank's goal is to decrease interest rates and put more money in the pockets of mortgage holders to stimulate lending.  If you like this episode format, then let us know. Give us a text on 5522.