A stark warning has been delivered about the Auckland property market – the price rises of the past four years could be just the start. BNZ chief economist Tony Alexander said there were a number of things that were putting pressure on Auckland's house prices, and showing no sign of letting up.
Before you settle on an investment property it's advisable that you find accurate and timely comparable sales data. This is a great way to narrow down the most suitable houses for you. If you are not sure what that means, this article will explain everything you need to know. Hope it helps!
If you want to sell your property and sell it quickly you need to put in a little time to make it attractive to potential buyers. A property should be presented as having been well looked after with no major issues. After all, you get one chance to make a first impression and you’d be surprised the small things that will put buyers off. This article shows you how a few inexpensive changes can make a whole lot of difference. Hope it helps.
The location of a property can help determine whether it is safer for you hip pocket to buy or rent. This infographic shows the top seven suburbs in New Zealand that makes more sense to purchase than to rent. It could come in handy when investing in a rental property, or if you prefer to rent yourself. Hope it helps!
As a property investor you've probably heard of LVR. LVR is an acronym that stands for Loan to Value Ratio and is the proportion of money you borrow compared to the value of the property. It is expressed as a percentage. LVR is used by lenders to help assess the risk factor of borrowers before deciding whether to approve a loan. Keep reading to learn everything you need to know about LVR.
Choosing the right home loan for your situation is crucial to the success for your investment property. With so many different types of loans available it can be difficult to know which option is best for you. This infographic lists some differences between variable and fixed home loans to help you understand the pros and cons of each, and to make an informed decision. Hope it helps!
Saving for a deposit is one of the largest outlays you will have when purchasing an investment property. Get your finances on track easily with these six ideas to help you secure a cash deposit for you next investment in no time..
Using a buyers agent to invest in property can help you save unecessatry stress, and help you achieve your goals faster. This infographic, 8 Reasons Why You Should Use a Buyers Agent will help learn the advantages to getting getting some help from an industry expert. If you are time poor or lack market knowledge then a buyers agent could be just what you need to grow your investment property portfolio.
Investing in property can be complex, especially when you are doing it for the first. This infographic shows 9 essential tips for first time property investors, which will help make your property investing journey more successfully and set you on your way to a profitable investing career. Hope it helps!
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