Property Now
Why 99% of Landlords Don’t Make Money
Most landlords are losing money. In fact, for every 100 landlords who buy a new property in Auckland, 99 of them will have to top it up.
In this episode, we break down the 3 reasons why:
● Massive mortgages
● Rising costs (like interest rates)
● Time – the biggest factor of all
You’ll also learn why investors still buy property, even if it’s negatively geared at the start. And we’ll show you how the numbers can work out in the long run.
Related videos in this series
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