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.
Ok, now for the legal bit:
The information and opinions on this channel are for your general information. It’s not financial advice. So the hosts aren’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.
Make sure you do your own research or talk to a financial adviser before making any financial decisions. See our Disclosure information here.
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