The Property Academy Podcast

In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. In the show, we discuss the different types of KiwiSaver funds that you can typically invest in.  These include Conservative, Balanced and Growth funds. We detail the different asset classes that each of these would typically hold, as well as the growth rates we'd expect each fund to have, before going into the final returns we'd expect an investor to generate over 35 years (starting at age 30, and retiring at 65).  To find out more about property investment, head to the Opes Partners website. Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.

In this episode, we are joined by Clara Kim, educator at the Juno KiwiSaver Scheme. In the show we talk about a campaign that Juno is currently running – the $108K payday.  The purpose of the campaign is to bring New Zealander's attention to the size of the fees charged by some KiwiSaver providers. We discuss the different models KiwiSaver providers use to charge fees, and the impacts that has on your potential returns.  We then discuss what to look for, generally, in a KiwiSaver provider. To find out more about property investment, head to the Opes Partners website. Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.

In this episode, we are again joined by Clara Kim from the Juno KiwiSaver Scheme. Clara travels around New Zealand schools talking to Kiwi teens about money.  In the show, we discuss the questions she gets asks: from Kiwi teen boys, Kiwi teen girls, and the questions she asks them back. To find out more about property investment, head to the Opes Partners website. Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.

In this episode, we are joined by Clara Kim from Juno Kiwisaver for 5 episodes all about KiwiSaver. In the show, we discuss KiwiSaver contributions, why you need to be in KiwiSaver and why the KiwiSaver scheme was launched in the first place. To find out more about property investment, head to the Opes Partners website.  Juno Kiwisaver Scheme Disclosure: Pie Funds is the issuer. Go to junokiwisaver.co.nz to download the disclosure statement.

In this episode, we give an update on the NZ property market based on the REINZ monthly update. Median house prices are up 6.6% on the last year, but there is significant variation around the country. Manawatu-Wanganui us up 24.1%, but Auckland is only up 0.2% and the West Coast is down 7.5%. We also go into depth about how median house prices are calculated and what they mean (and what they don't mean).  As usual, if you want to learn more about property investment, head to the Opes Partners website. 

In this episode, I (Ed) quiz you on which suburbs had the highest and lowest growth over the last 18 years (Jan 2000 to Aug 2018). This is both in terms of percentage and dollar growth. The results really will surprise you.  I also discuss some of my thinking about what I thought the results would be before and after knowing the answers, and where I got my initial guess wrong.  To learn more about property investment, head to the Opes Partners website.

In this episode, we are again joined by Dean Blair from FoxPlan and we talk about why your spending won't go down in Retirement. When speaking with people nearing retirement, part of their plan is often to reduce their spending – perhaps often to spend half as much as they currently do.  The issue is that we spend more during the weekends and when we are on vacation. Retirement is the longest vacation of your life. This is why building wealth and preparing is so important.  To learn more about property investment, head to the Opes Partners website.  

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss the Queenstown Property Market.  Queenstown has a unique property market due to the impact of tourism and its landscape. The lake and high mountains reduce the amount of land available for housing in central Queenstown, and hotels with big pockets crowd out some land that could otherwise be used for housing.  Because the economy is primarily driven by tourism, most young people are working in low-paid hospitality, making it hard for them to enter the housing market. And high building costs continue to push house prices higher. If you want to learn more about property investment, head to Opes Partners website.

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss whether you can get an interest-only loan forever. The general rule of thumb is that an interest-only loan period will run for 5 years. At the end of those 5-years you can apply for another 5-year period.  However, the bank will always consider whether you can afford the higher principal and interest payments once the interest-only period has finished. This is because once the interest only period has finished you will need to pay off the principal of the loan over the remaining period. For instance, if you took out a loan on a 30 year term and went interest only for the first 5 years, you would need to pay down the principal in the remaining 25 years after the interest only period has finished.  We also discuss interest only mortgage calculators, and why investors use them i.e. to limit the contributions they need to make to the property.  

In this episode, we are once again joined by Josh Graham from Roost Mortgages. And we discuss that even if you think you can afford a mortgage at the current interest rates, the banks may not approve your application.  The reason is that banks have higher servicing 'tests' that they run your mortgage application through. This means that even if you go on a 3.65% interest-only loan, they will test you on principal and interest at 6.95% in some cases.  We discuss ways to combat this, and also what it all means for property investors and first home buyers.  If you want to learn more about property investment, head to Opes Partners website.