Property Now
How much income do you need to buy an investment property?
One of the banks' main tests to see if you can afford an investment property is your UMI (uncommitted monthly income)...
Bascially what you earn at your job.
So today, we'll be going through examples of what incomes Kiwis need to earn to buy an investment property.
Related videos in this series
Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013How fast do rents REALLY increase?⎥Ep. 2006
How fast do rents REALLY increase?⎥Ep. 2006