Engaging a mentor is not common practice for most New Zealanders. However the tide is turning and a lot more of us are engaging mentors for work, sport, and property investment.
April 14, 2016
Comments Off on Property Prices Up 18 Percent In Hawkes Bay
Just when you thought it was safe to invest in regions the March 2016 Trade Me Sales Price Index suggests you’ll have pick wisely. Bay of Plenty, Waikato and now Hawkes Bay have seen property prices sky-rocket over the last couple of months. Auckland property investors have bought up in surrounding areas where they qualify […]
February 16, 2016
Comments Off on Property Double Digit Asking Price Growth
Auckland is not the only region in New Zealand experiencing residential property double digit growth. Bay of Plenty is hot on it’s heels reports Trade Me Sales Price Index. Auckland’s property value growth has slipped back over the last three months is still up by 15.4% or $107,050 while Bay of Plenty has also experienced […]
January 29, 2016
Comments Off on Patience Finally Pays Off For Homeowner
Wellington homeowners Peter and Sylvia Aitchison sigh with relief. The ugly fence erected in April 2015 by a neighbour to block their million dollar harbour view has to be taken down within the next month says the Environmental Court.
November 10, 2015
Comments Off on PropertyTutors Mentoring Makes Property Deals
PropertyTutors has a lot to be happy about. They’ve been in the property mentoring business for more than eight years now and while the property market has changed a lot their mentoring program has stayed reliably the same.
August 12, 2015
Comments Off on How To Find Property Deals
In some regions of New Zealand finding good yielding property deals is now nearly impossible. Auckland is a sellers’ market and property investors are finding it tough to get anything above three percent yield and they’re not alone, regions with no known supply issue have very few listings.
July 1, 2015
Maintaining investment properties is a vital part of being a property investor. Mould in homes is becoming more frequent and it’s hard to ascertain who is responsible – is it the lifestyle of the tenant or is it the property or a combination of both.
May 14, 2015
Commentators have come out in force recently saying there is no bubble in the Auckland property market. The ten or more years are required for supply to catch up with demand therefore it’s very unlikely there will be a huge correction of property values any time soon.
April 9, 2015
Land bought by Housing NZ in 2004 was earmarked for a massive housing development that included social housing and low cost homes. Plans came out in 2012 and it was set to be a massive undertaking of 500 + homes. Recent news that some some of the land was being sold off at market value […]
March 5, 2015
Profiting from your hard work as a property investor or trader should be celebrated. The higher property values clearly don’t work in property investors favour when they purchase a rental property however a healthy profit can be achieved when they on-sell – or trade as it’s common known.
February 10, 2015
According the QV Wellington’s Property market is still very sluggish growing just 0.8 percent in the last 12 months. Compare this growth to that of Auckland which grew 12 percent and you’d be forgiven for thinking Auckland was the capital city of New Zealand.
January 19, 2015
Property in Auckland is not on the market for long these days and at Auctions local buyers often battle it out with offshore buyers however New Zealand’s high dollar may put off the Aussie investors investing elsewhere around the country.
December 9, 2014
Westpac’s ‘RedNews’ suggests areas around New Zealand that score highly for a good rental yield. We all know Auckland scores the highest for capital gain and Christchurch’s property is also doing well but other areas around New Zealand do a lot better when it comes to rental yield. And property investors love talking positive cash […]
November 18, 2014
Caveat Emptor or ‘buyer beware’ essentially means the onus is on the property buyer to do extensive research and acquire a fairly good understanding of all the possible future plans of development that may affect the home or land considered for purchase.
October 20, 2014
This month PropertyTutors held their property investment one day event “The Masters” in Auckland and Wellington. The event in Auckland was a sell-out yet again and suggests Aucklanders’ know there’s still money to be made in property even in the current market.
September 15, 2014
Property Investors who are buying property and selling for a profit are known as Property Traders and their property deals incur a Capital Gains Tax. Property Investors who buy property and hold on to it – renting it out usually for years sometime decades do not pay Capital Gains Tax.
August 10, 2014
It is the life time dream of so many New Zealanders – to one day build a house. Well not actually build it, rather engage an Architect to design a home and then get it built to spec by professional Builders. When funds don’t permit the bespoke design and build, often becomes a ‘cookie cutter’ […]
July 13, 2014
In New Zealand home ownership is not a given anymore and the rate of homeownership is dropping every year. Currently it’s 64 percent and New Zealand sits at 35th in the world. However property is still the most talked about asset class in New Zealand.
June 3, 2014
Banks systems have been fine-tuned for the RBNZ LVR restrictions and buyers needing to borrow more than 80 percent of the value of the property are slowly coming back to the market. NZHerald reports April 14 has seen a rise in the percentage of loans granted though it is still a way off the allowed […]
May 1, 2014
If you have never been to a Masters Event before here is quick snapshot of what it is all about. 10 Hours of Property Investing GOLD – At the "Masters", you get 10 hours of our best and most update property investing content, strategies, tips and insider property market knowledge. By the way, this is […]
April 10, 2014
Property Seminars are generally more prevalent in positive economic times. You could attend all of them but why would you? Property Investment Seminar is a popular title. However not all seminars are the same and when you know the ‘motive’ of the business hosting the event you’ll be able to gauge the appropriateness of the […]
March 13, 2014
The first consideration in weighing up the cost of adding coaches to our life is cost, and whether we can afford them. It is only after that hurdle is jumped do we look at other considerations before making the final decision to include or exclude them. I wonder if this is the correct starting […]
February 20, 2014
Is there a right and wrong time to engage a property coach? And if so how do you know you’re ready to be coached? Engaging mentors, coaches is not an inherent Kiwi trait. It’s that good ole saying: “DIY its in our DNA”. However many of us are just not knowledgeable enough or have what […]
February 11, 2014
Auckland is a super city and it is the first of its kind in New Zealand. The most obvious benefit of the super city is the single focus on necessary investment in infrastructure. In the past there were too many chiefs and councils and all needed to agree to get infrastructure projects off the starting […]
January 23, 2014
Sean Wood of PropertyTutors Limited says 2014 will be a busy year for his property mentoring business. PropertyTutors is New Zealand’s leading property investment education and mentoring business. Their 2013 results suggest to them that more New Zealanders are tuning into the need to be financially secure when they retire and they see property the […]
January 12, 2014
Election year has rolled around again and housing is always a key issue. The National party have clear goals for housing and none of them include adding capital gains tax (CGT) on second homes. This is obviously pleasing news to property investors and home owners with the kiwi bach. Labour say they will bring in […]
December 18, 2013
The Auckland Property Market has reached dizzy heights over the last few months of 2013 – will it continue into 2014? The Government say there are a couple of key indicators that suggest Auckland property prices are peaking. Mr Bill English says nationally property values are currently rising at just under 10 percent currently but […]
November 3, 2013
The New Zealand Government wants 39,000 new homes built in the Auckland region within the next three years however building consents issued are far too low to meet demand. The NZHerald article quotes Senior Economist Michael Gordon of Westpac Institutional Bank: Building consents in the under-supplied Auckland market remain “worryingly subdued”, particularly compared to the […]
October 1, 2013
Steve Goodey is PropertyTutors mentor for the lower North Island and South Island. Steve’s own property investment success is impressive however it didn’t happen overnight and it took a fair bit of introspection. Applying your trade as a full time property investor is where you learn a lot about yourself. How you cope with the […]
August 5, 2013
We all know the adage “Action Speaks Louder Than Words” . It’s been around since the 1600s and used to focus and motivate us to be more productive individuals. Sean Wood of PropertyTutors Limited knows first hand that lots of action is required to build and maintain a successful property investment business. The first […]
May 21, 2013
There has been a lot of talk recently on the property market in New Zealand – well mostly the talk is centralised in two main regions – Christchurch and Auckland. Both regions are leading the way with higher average property sales and volume properties in the market. New Zealanders have a love affair with property […]
April 15, 2013
Finding a good property investing mentor may not be easy in New Zealand. The ability to communicate, develop a rapport, and being able to trust his or her advice makes the selection process difficult. Mentors and investors end up spending a lot of time together and therefore getting along well, becomes important. Hopefully you can […]
February 28, 2013
There are some tricks of the trade so to speak when purchasing Apartments. Property Investors need to know how to purchase Apartments for hold, renovation and sale via all the sales strategies utilised e.g. by Auction, by private sale and by tender via a Real Estate Agent. Knowing the tricks of the trade so to speak […]