The Property Academy Podcast

In this episode, we discuss the 1980's classic: Jones on Property, written by Sir Bob Jones. Sir Bob is New Zealand's most prolific commercial property investor and a true hard case character.  In short, the book is an entertaining masterpiece, which shows how little has changed in property, politics and New Zealand over the last 40 years.    We share our top 7 takeaways, as well as a review of who the book is and isn't right for.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.

In this episode, we discuss new data received from Core Logic about the cost of different properties across the four major centres based on the number of bedrooms these have.  This allows us to determine the costs of 'trading up' a property to get an additional bedroom. In particular, we investigate how that cost to tradup has changed over time and what we can read int capital growth figures by the number of bedrooms a property has.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.

In this episode, we discuss the impending closure of Tiwait Point, the aluminium smelter based in Invercargill. The closure of the smelter could see as many as 2,600 jobs go in the Southland economy.  Based on the stats we're looking at, this could mean some Southlander's choosing to leave the region in search of work elsewhere.  We also go through other small towns which we recommend staying away from due to the economic risk of having the economy too concentrated on one industry. Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.

In this episode, we discuss your different options for building a passive income. These include shares, property and term deposits.  We talk through how shares can earn you a higher net yield ... however the price you pay for the additional yield is the uncertainty of income from year to year.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.

In this episode, we discuss how Andrew negotiated to get a great deal off his latest purchase.  This included techniques like: attached a cheque for the deposit to the offer, making it clear how unfavourable the purchaser views the market to be, asking a friend to provide a low-ball offer, making a clean offer and asking for price reductions during due diligence.  We then discuss tactics that you can use at auctions and tenders to get a better price.  Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket. 

In this episode, we discuss the latest property market stats for the month of June, as well as discuss what the REINZ House Price Index is, what it means and how it is calculated.  The difference between the median house price and the HPI is that the median house price is subject to fluctuation in the make up of what actually sold in any given month, whereas the HPI adjusts for what sort of properties sold from month to month. That means that HPI is a more nuanced metric which acts as a barometer for the overall property market.  We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.

In this episode, we discuss the 5 steps you should take if you want to invest outside the city that you live in. In addition to this, we also discuss who that is and isn't the right fit for.  The 5 Steps are: Run data to find the right region or city Use yield and historic capital growth data to locate a suburb Find and Triage properties using one of the 3 methods we describe in the show Talk to professionals who are on the ground and operating within the market Conduct a site visit or pre-purchase inspection before you go unconditional We also mention the article this podcast was based on: How do I Invest Outside the City I Live In? Check it out here on the Opes website. 

In this episode, we discuss how to find a good property accountant and the sort of things to ask them when you are checking them out.  In particular, some of the questions you can ask are: "Are you a property accounting specialist?" and "Tell me about your experience specifically in  property." We'd also recommend "how should I structure my properties to minimise tax and protect my assets?" and "What are the benefits of using an LTC or a trust in my specific scenario?" We also mention one of our previous webinars – What I Learnt From Owning 38 Rental Properties. We also mention Momentum Property, a specialist property accountant, which you can check out if you're exploring property accounting options. 

In this episode, we discuss the concept of hydraulicing, which is where a vendor will sell a property at a price that is higher than what the property is actually worth based on market fundamentals.  An example of this is where a vendor would appear to sell a property at a high price, but would actually sell it to the purchaser for a much lower price. If the bank lends to the purchaser based on the higher price then it is possible for someone to purchase a property with no deposit at all. These dealings involve coordination between a  valuer, a real estate agent, and in some cases even the banks.  We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.

In this episode, we discuss the difference between a mortgage deposit and the deposit that is to be paid to a vendor ... and whether you need to pay both.  In short, there is no double-up of deposit. The deposit you pay to your vendor makes up the deposit you use for your mortgage. In this case they are the same but for different purposes. We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.