EP: 185•
In this episode, we discuss how to transition from a capital growth property portfolio into a positive cash flow portfolio.
This is a topic Andrew recently covered on a webinar with the Auckland Property Investors Association.
An investor would typically start to transition their portfolio as they near retirement, and in the episode, Andrew suggests that you should allow about 5 years for the transition.
Allowing several years allows you the ability to sell at the most convenient time in the market.
The reason your property investment portfolio will likely need to transition is that when you start in property investment, most investors will focus on capital growth properties.
These properties increase in value quickly but produce weaker rental yields. These properties are good for long term investors as they will grow wealth more quickly.
But, as investors near retirement, your time horizon shortens. That means that investors want their portfolios to begin producing passive income. Hence, the transition to higher-yielding properties that can provide that income most efficiently.
We also mention the property investor quiz. This 7-question quiz will give you a 'yes', 'no' or 'maybe' answer about whether you are in the financial position to invest in property.
EP: 2015
In this episode, we discuss how to deal with bad neighbours. That includes one case where a tenant's neighbours were threatening to poison their dog. We talk through who to call in different situations and a few case studies of when neighbours truly are at war.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2014
In this episode, we discuss the exact process to get a mortgage top up. That includes what you can use a mortgage top up for, who you need to talk to, and different ways you can set it up. Ultimately, property investors can use this information to decide whether a mortgage top up is right for them.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.
EP: 2013
In this episode, we discuss what middle class really means in New Zealand.
This includes how much income and wealth you might need to be considered middle class.
And if you're not middle class ... what are you?
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2012
In this episode, we are joined by Laura to discuss how she went from 0 to 5 properties in just over 5 years.
That includes how she did it starting on a single income and is now just 32 years old.
She shares the highs and the lows and some of the mistakes along the way.
Inspired by today's case study? Find out if you can afford an investment property with our quick quiz.