Property Now
How to spot a BAD house in 60 seconds
Most of the signs of a bad NZ property can be spotted in about 60 seconds.
You just need to know what to look for.
In this episode of the Property Academy podcast, Ed and Andrew count down the 7 signs you're looking at a bad house — insights gathered from Opes Partners' property team who evaluate NZ investment properties every day:
● Cracks wider than 5mm and floors that bounce as you walk
● The damp smell that means water — and rot — isn't far behind
● Layouts so bad a washing machine ended up next to the couch
● Unconsented work that can void NZ insurance and block bank lending
● Over-capitalising on fittings that tenants will never pay more rent for
● And the #1 red flag that's already affected 174,000 NZ homes Know the signs before you make an offer
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