EP: 92•
In this episode, we discuss the key clauses you can use in a sale and purchase agreement when buying property in New Zealand.
This is important for NZ property investors because DD clauses can be used to put a property on hold to investigate the property before making it go unconditional. This means that you can agree the properties price in principle (and have the right to purchase the property) while you ensure that it is fit for purpose.
We mentioned in the show that we would include a Due Diligence clause you can use:
This agreement is entirely conditional upon the Purchaser in its sole discretion being satisfied that the property is suitable for the Purchaser’s intended uses following the Purchaser carrying out due diligence investigations on the overall viability of the property and including but not limited to searching any and all easements, and of any requirements of the local authority or financier, this clause is for the sole benefit of the Purchaser and the Purchaser shall have until 4pm on 10th working day from the date of this contract to give to the Vendor’s solicitor notice that this clause is satisfied failing which the contract shall be at an end. This clause may be waived by the purchaser prior to the prescribed time at the sole discretion of the purchaser.
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: 2011
In this episode, we discuss whether it's worth dropping $50k on property coaching.
That includes how much different companies charge and what you get for it.
That includes looking at pricing for companies like:
Wolfe Property Coaching,
Property Apprentice,
Positive Real Estate,
Straight-Up Property Investing
Tama Singh
Asset Lab
Finax
And many more.
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.
EP: 2010
In this episode, we discuss Finders Fees and how you can make $10,000+ through property ... without actually paying for a house. This includes how property investors can use deeds of nominations and contemporaneous settlements to on-sell properties for a fee. This is a strategy primarily used by land finders and people who want to sell to developers (or other property traders).
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.