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NZ Property Investor November 2019

The New Zealand Property investor magazine provides readers with information you can use to successfully invest in residential property. You can learn from the experts, read the stories of your fellow investors and keep up to date with the latest house prices and rental statistics.

Country:
New Zealand
Language:
English
Publisher:
NZ Property Investor Magazine Ltd
Frequency:
Monthly
$7.57
$74.79
12 Issues

in this issue

2 min
sign of the times

We are living in a time of change, good and bad. There’s no escaping this. Not only do we need to constantly adjust and reset to keep up with ongoing transformation and disruption in all aspects of our lives, but the fact this is happening is constantly reiterated to us via media, old and new. While it may not be happening at quite the lightspeed of other sectors, change is hitting the property sector too. And the past month has seen some significant developments which are a sign of how times are changing in the realm of property. One of these was the opening of Fletcher Building’s flash, new, high tech, prefabricated house building factory in South Auckland. It’s the largest of its kind in the country and great expectations are riding…

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1 min
kiwisaver for rentals?

In a three-yearly review of retirement income policies, Interim Retirement Commissioner Peter Cordtz has proposed that KiwiSaver rules should be loosened so that those making withdrawals for a house deposit could buy an investment property. Currently, those using KiwiSaver funds have to live in the property they buy with their deposit, but high house prices in cities like Auckland and Wellington mean it is difficult for many people to purchase in areas where they work. Cordtz says that if people were able to buy a property in a more affordable part of the country, they could use it as an investment to progress on the property ladder or simply to retire to one day. “We see this as an idea that could help lots of New Zealanders get on the property ladder, create…

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1 min
nz property investor events calendar

NOVEMBER HOW TO PROFIT FROM PROPERTY November 19, 6:45pm Five Knots, East Tamaki. For more information visit www.ronovationz.com. PROPERTY INVESTMENT AND EDUCATION SEMINAR November 23 Hosted by Gilligan Rowe & Associates. Free to attend. Level 6, 135 Broadway, Newmarket, Auckland. For more information and to register: https://www.gra.co.nz/property-investment-seminars For more information about listing your event, please contact Lisa Wise lisa@tarawera.co.nz. Last date for entries for December 2019 issue, November 7.…

1 min
landlords.co.nz  top five – october

1 New ring-fencing rules in play Landlords - don’t forget about the Government’s changes to the rules around the ring-fencing of rental losses as they are now in force, Inland Revenue is warning. 2 Airbnb room rental not bylaw violation Renting a spare bedroom on Airbnb was a breach of the tenancy agreement but it did not constitute an unlawful act - under a local body by-law - by the tenant, the Tenancy Tribunal has found 3 The truth about flipping Claims about the sky-high gains generated by property flippers ignore the costs and taxes that come with trading properties – and that means the profit assumptions are wrong, property experts say. 4 Bad behaviour behind most 90-day notices Getting rid of “no cause” terminations won’t benefit good tenants but it will help…

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2 min
new landlord training platform

In a New Zealand first, property management consultancy Real iQ recently launched an online education platform which provides comprehensive training for landlords as well as property managers. Real iQ director David Faulkner says landlords are nervous about the changing regulatory environment around rental property and many want training on it so they can manage their portfolio well. “We deliver the NZ Certificate in Residential Property Management Level 4 (NZRPM L4) and found lots of landlords were approaching us to see if they could do that training too. “But it’s a workplace qualification so you have to be working in the property management industry to do it. So we decided to try and help them out.” And that’s how the company’s Real iQ Academy – which is a step-by-step, interactive course to teach people how…

6 min
positive signs

It seems that the way forward for New Zealand’s property market is not down, but up – although on a slow, steady trajectory rather than a giddy, skyrocketing one. Commentators have long been saying they don’t expect the market to crash, that they think the odds are an orderly rebalance. And now there are increasing signs of a market resurgence, with the latest data turning in decidedly positive results. So, in this month’s commentary, we take a look at five of these promising signs and what it could all mean for the market going forward. 1 PRICES ON FORM All those who have been waiting for major price falls are out of luck. Overall, prices are trucking along solidly. The September data from both REINZ and Realestate.co.nz revealed decent price growth nationally and…

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