EP: 316•
In this episode, we discuss the concept of hydraulicing, which is where a vendor will sell a property at a price that is higher than what the property is actually worth based on market fundamentals.
An example of this is where a vendor would appear to sell a property at a high price, but would actually sell it to the purchaser for a much lower price. If the bank lends to the purchaser based on the higher price then it is possible for someone to purchase a property with no deposit at all. These dealings involve coordination between a valuer, a real estate agent, and in some cases even the banks.
We also mention JUNO magazine's upcoming property issue, which will be released mid-August. We currently have a special running, which is an annual subscription of 4 magazines for $20. Click here to subscribe to the magazine.
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.