The Property Academy Podcast

In this episode, we discuss the restrictions put in place on foreign residential property buyers from the Overseas Investment Act. Under the current regulations, you need to be either an Australian, Singaporean or New Zealander in order to buy property within New Zealand. We also discuss the Epic Guide to Mortgages, a 9,500-word guide that teaches you how to get a mortgage and pay it off more quickly than you usually would

In this episode, we discuss interest-only loans – how to get them, how the banks treat them in today's market and when investors should use them. Many investors today question whether they can still get an interest-only mortgage in today's market. The answer is yes. But, the interest-only mortgages of today are different from those of the past.  Previously, it was possible to secure a 30-year interest-only mortgage. Now, the maximum is 5-years attaches to a standard principal and interest table loan.   We also mentioned the Epic Guide to Mortgages, a 9,500-word guide about how to get a mortgage and to pay it off faster.

In this episode, we discuss how to tell if the property investment advice you are receiving is bad advice. This comes off the back of a recent client story, where our property coaching client received poor accounting and portfolio structuring advice from their brother. Although a capable small business accountant – the brother in question was not a tax or property specialist, which was causing our client's property portfolio to be costing more than it should have. Lastly, we mentioned our Epic Guide to Mortgages. This is a 9,500-word guide that teaches you how to get a mortgage and then pay that mortgage off.

In this episode, we discuss how to choose a property coaching company. Every property coaching company is likely to recommend and promote a specific strategy for their clients. Some will promote buy and hold strategies, others focus on renovation and others, still, on development.  We suggest that first-time property investors looking for a property coach should look at other clients who are using the property coaches and look at the strategies those clients are implementing. Looking at what other clients do (and the results they are getting) is the best indication of the strategy that might be promoted to you.\ We also discussed our Epic Guide to Mortgages, this is a 9,500-word guide that will teach you both how to get a mortgage and then how to pay it off faster.

In this episode, we discuss that contrary to popular belief you don't need to buy as many houses as you can. You don't need to go out and invest in 80 properties, you might be fine with just 5. We discuss the different approaches to building a property investment portfolio and run through a case study of a couple who are able to achieve their financial goals over 20 years by investing in just 3 properties.  We also gave a shout out to our Epic Guide to Mortgages, this is a 9,500-word guide. This shows you how to get a home loan and then pay off your mortgage. 

In this episode, we discuss how to spot a slump in the property market, with specific reference to Christchurch and the Canterbury earthquakes. Our key takeaway is that although we can all identify what a slump looks like in the text books, a real property slump (especially in the main centres) looks less like a downturn and more like a prolonged stagnation / flattening of property prices.  We present a new model for looking at and considering slumps, which comes from Tony Alenders's economic reports. You can find the report we discussed here.  We also mentioned the Epic Guide to Mortgages, which is our 9,500-word guide on how to get a mortgage, and then pay it off more quickly.

In this episode, we discuss whether there is an oversupply of property in Christchurch – with specific reference as to whether Christchurch might turn into a 'donut-city', where the centre of the city lacks development.  We make specific reference to the Canterbury earthquakes. These are the primary cause for higher development in the suburbs and satellite towns than in Christchurch central up until recently.  We also discuss the Epic Guide to Mortgages, our 9,500-word guide that teaches you both how to get a mortgage – and then pay it off more quickly. 

In this episode, we discuss the Christchurch suburb of Addington and whether we believe it is a good place to invest.  Addington has had the 3rd fastest house price growth of any Christchurch suburbs since the turn of the century. The only two suburbs that grew at a faster rate were the wealthier suburbs of Strowan and Fendalton. These suburbs wouldn't be appropriate for investors to necessarily park their money in.  Addington is also the 9th most affordable suburb out of all 59 Christchurch suburbs – meaning that there is a lot of room for gentrification, especially given its close proximity to Hagley Park.  Throughout the episode, we made reference to our Epic Guide to Mortgages, which is a 9,500-word guide which is freely available on the Opes Partners website. It is well worth a read if you are either looking to get a mortgage or hoping to pay one off. 

In this episode, we discuss a question sent in my another listener, which says: "I already have an investment property in Whangarei, should I buy another one there, or sell my existing investment property and buy in the main centre?" Often the main centres aren't as expensive as one might think. Median sale prices can be misleading as your investment property doesn't have to be the median property. Similarly, small towns like Whangarei are actually more expensive than properties in cities like Christchurch at the moment.  We also run through an example comparing 2 properties worth $800,000 appreciating at a lower rate, v.s. a less expensive $700,000 property increasing in value at a faster rate. Finally, we mentioned our Epic Guide to Property Investment, this is a 9,500 word guide that teaches you how to get s mortgage and then pay off that mortgage.

In this episode, we discuss whether there is such a thing as cashflow positive or negative properties. This question came in from a listener of the show. We agree that there is no such thing as a cashflow positive or negative property ... sure there are high yielding properties, but whether a property produces cash or not is based on how you have structured your investment. If you borrow with 100% lending and your property is geared for capital growth it will usually provide a cash loss.  This is summarised in a diagram we recently made showing the tradeoffs between capital growth, 100% lending and cashflow. You can find the diagram here We also mentioned the Epic Guide to Mortgages, our 9,500 word guide that teaches you everything you need to know about how to get a mortgage and then pay it off.