Archive for February, 2005

New Service To Aid Property Investors

Posted by newshound On February - 28 - 2005

From BZone (no longer online)

Property investment is one of the largest industries in New Zealand. It is a business and should be treated as such.

This involves spending the time to educate yourself on how to run that business efficiently, professionally and most importantly, profitably.

Investors often jump into property investment without really knowing what they are doing. If you ask professionals who work with property investors how many actually know what they are doing, you get an answer of around 5-10%. That leaves a large number who could do a lot better. Often small changes can lead to significant differences to your bottom line. Currently there are approximately 160,000 property investors in New Zealand, with the average investor owing only one or two properties each. There are only 9% who own more than two properties. Property has been an investment that has proven very popular with New Zealanders and has provided the opportunity to create significant wealth. However, in the current low inflation environment it is a little harder to do as well. But, there are still plenty of opportunities to create wealth through property investment, but you need to be a little smarter about how you do it.

The Complete Guide to Residential Property Investment in New Zealand, by Lisa Dudson and Andrew King, is a great resource to help you get started in the investment property market. It was developed to provide comprehensive, independent educational services to residential property investors. The system provides new and novice investors with a solid information base plus one-on-one personal training, designed to show you how to professionally invest in property, develop a plan specifically for your circumstances, minimise mistakes and maximise your investment return. It will also: Read the rest of this entry »

Where are you going?

Posted by Andrew King On February - 22 - 2005

No doubt many of you would have spent some time during the Christmas or New Year break contemplating life and where you are going. Its a great time to spend navel gazing. With this in mind, the Auckland Property Investors Association had William Farmer, Managing Director of Dale Carnegie in New Zealand, to speak to members on staying focussed and getting results. It challenged the audience of well over 400 property investors and was an inspirational start to the New Year.

William talked about the essentialness of having a business plan. He asked us to picture someone coming to Auckland without any information and leading a group of people to find the suburb of Henderson. Eventually they would have got there, but how much simpler the task would have been with a map. Read the rest of this entry »

TAG CLOUD