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:
- fast track your property investment knowledge and create wealth
- help you to focus your efforts for better rewards through achieving your goals
- save time and money by avoiding the common mistakes others investors make.
The guide provides an overview of the information you need to know to be a successful property investor. However, it is no substitute for good professional advice from someone who specialises in property investment.
Step 1
You receive the Complete Guide to Residential Property Investment in New Zealand. The guide draws on 25 years of combined experience in the industry, reference material, book reviews, useful websites, recommended property investment specialists and much more. It will give you an amazing overview of how investment property works, plus discounts and offers that could save you over $5000.Step 2
Once you have read the guide, either Lisa or Andrew will spend an in-depth 1 1/2 hours with you free of charge, personally answering specific questions and guiding you through the development of a property investment plan, providing a head start into property investment. Also included is a spreadsheet to help you analyse your property deals.Step 3
Once you begin your property investment search, your mentor can guide your decision-making and help with any problems or uncertainties you encounter.
