Property Now
The Truth About Property Developers in NZ
Did the developer sit down and decide to lie to you? Probably not.
They’re builders first, and investment maths is a skill most developers don’t have. But the number is still wrong, and you’re the one who pays for it.
In this video, Ed counts down 5 misleading claims NZ property developers make to investors:
● An Airbnb return of 15.4% that is closer to 6% once occupancy, GST, and running costs are included
● Council consent for 365 day Airbnb use that comes with no guarantee
● Cashflow spreadsheets with no maintenance and a $19,000 purchase price error
● Rental guarantees that quietly add to the price
● Deposit protection that depends on the contract, not the brochure
If you’re considering a new build investment in NZ, watch this first.
Ok, now for the legal bit:
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We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
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How to 5x your returns in property investing⎥Ep. 2020
How to 5x your returns in property investing⎥Ep. 2020Am I middle class?⎥Ep. 2013
Am I middle class?⎥Ep. 2013