The Property Academy Podcast

In this episode, we discuss the areas of New Zealand that are most at risk from an onslaught of Airbnbs converting into residential tenancies.  The data is in and suggests that McKenzie district (in south Canterbury), followed by Queenstown Lakes, then Thames-Coromandel are the most susceptible, while the main centres, Taranaki and Manawatu-Whanganui are the least at risk. This is show is a preview of a longer property investment webinar we are holding tonight (14th April) at 7pm. To dig into the data, sign up on the Opes Partners website, or using the link above.

In this episode, we discuss whether Auckland or Christchurch will weather the Covid-19 storm better in terms of property prices.  This was the most popular question in our recent webinar that considered all of New Zealand's regions, considering which would be the most resilient property markets.  Our view is that Auckland, as the centre of the most jobs and economic activity, will always handle any economic downturn better than other regions in NZ. Although, Canterbury could put up a stiff fight, given where it sits in its property cycle. We also mention our property investors webinar, which is coming up on 14th April at 7pm. During this webinar, we're going to cover how Covid-19 will impact the rental market in NZ.

In this episode, we discuss the concept of de-gentrification, where an area with significant economic activity begins to lose it. We apply this concept to New Brighton and discuss what investors could look for within suburbs and areas to invest. We also mention our property investors webinar, which is coming up on 14th April at 7pm. During this webinar, we're going to cover how Covid-19 will impact the rental market in NZ.

In this episode, we discuss whether Ultra Fast Broadband could be the savings grace for New Zealand's small-town property markets.  Our conclusion is that the benefits of UFB (and the internet in general) will most likely be targeted towards smaller cities as opposed to smaller towns. Listen to the episode to find out why.  We also mention the property investment webinar we are holding this Tuesday (14th April) @7pm.  In this webinar, you are going to learn how the Covid-19 induced shutdown is going to impact the rental market 

In this episode, we answer a listener's question, which stems from an earlier episode we recorded. In that episode (#208) we discussed three speculative scenarios, where increases to debt availability would lead to higher house prices.  Paul (the listener) asked why increased availability of debt would lead to higher house prices as it wouldn't change the fundamental value of the property.  During the show, we discuss that there isn't really a fundamental value of property, given that home-buying decisions are primarily driven by emotion, rather than rational thought.  We also mentioned the property investment webinar we are holding this coming Tuesday the 14th April, which you are invited to. We're discussing how the rental market will be impacted by the Coronavirus-induced shutdown and the resulting increase in the number of Airbnbs coming onto the market. 

In this episode, we discuss how the property market is operating under the Covid-19 induced shutdown. This is based on real data collected by Tony Alexander of real estate agents and mortgage brokers who are working on the ground at this time. This episode covers both residential and commercial property and how the two markets differ from one another.  We also mention the Opes Partners Instagram. Every few days we post a new educational carousel to teach you about the property market. Follow us on Instagram here. 

In this episode, we discuss what to look for before you purchase a property, and in particular what to look for if you want to add value to the property.  We start off by recommending QV, a New Zealand based property website that allows you to check data about any suburb in New Zealand, including seeing what properties have sold in a suburb and for how much. This is very useful when considering what a property is actually worth.  We also discuss the difference between GV/CV/RV and the actual value of a property. Often investors will talk about what a property is worth relative to its Government Valuation. However, because the GVs can be so wildly inaccurate (since they are set by computer algorithm), they can give a false reading for any property that has had non-consented cosmetic work completed. We also mention the Opes Partners Instagram. Every few days we release a new carousel post that gives you additional insight into the property market. Make sure to follow us there, we are @opes_partners.

In this episode, we discuss a recent blog written by Ed with 3 speculative scenarios that would make the property market heat up. These are: The maximum mortgage term lengthening from 30 to 35 or 40 years The bank's test interest rate falling from 7% to 5%, and The LVR restriction for investors of existing properties relaxing to 75% In each scenario, we also walk through the quantifiable impact that would have on home buyers ability to borrow. We also mention the Opes Partners Instagram. Every few days we release a new carousel post that teaches you something new about the property market. 

In this episode, we discuss the data you should be looking at based on your property investment strategy.  renovation – purchase price and how the market is moving (up or down) over the short term Cashflow / yield – interest rates, median rents and the rate at which rental payments are made to you personally long term buy and hold – interest rates, purchase price and long term fundamentals We also mention the property investment webinar we are holding on Tuesday 7th April at 5pm. If you listen to this episode after the April 7th and missed the webinar, you'll be able to find the recording on our website at opespartners.co.nz

In this episode, we discuss the steps between going unconditional on a property and settlement. These steps include: paying your deposit into a solicitor's trust account. You solicitor will collect the funds to execute the transaction  make additional payments to your developer if you are using a progressive payments model. You don't need to do this if you are using a turn key model  conduct a pre-settlement inspection to make sure the property is presented as per the contract with all agreed chattels  get a loan approved through your bank if your previous preapproval has lapsed Receive a valuation or a certificate of completion receiving a chattel valuation to maximise the depreciation you can claim from the IRD (to decrease your tax). If in need of a reputable company, we often recommend Valueit We also mention that we are holding a property investment webinar this coming Tuesday, 7th April @ 5 pm. We’re going to open up our analysis of 165,000 data points to see which parts of New Zealand are likely to see the deepest downturns and the speediest recoveries. You can sign up to the webinar here.