The Property Academy Podcast

In this episode, we discuss a study that was conducted by the Commission for Financial Capability as part of Sortd Money Week in September 2019. The study showed that parents would rather talk with their kids about sex and drugs, rather than money. 

Parents would rather cover drugs (26%) and alcohol (27%) than tell their children how much they earned (14%) or talk about the risks of personal loans (12%)...

In this episode, we discuss why interest-only mortgages are the preferred loan used by property investors. 

We discuss how interest-only loans help you build your portfolio more quickly than using a principal and interest loan. And further, whether the banks are still lending on interest-only.

To find out more about interest-only mortgages and property investing, head to our epic guide to property investment.

In this episode, we question whether the suburb of Rolleston makes a good investment option. Rolleston is the largest town in the Selwyn District and is a 30-minute drive to Christchurch.

Rolleston was dubbed the "city of the future" for many years. It seems as if it is coming true. The town has had 12% annual population growth over the last 15 years, which is projected to continue...

In this episode, we discuss how it's scary buying your first investment property. So don't feel bad if you're freaking out buying your first investment property too.

We go through our personal investment stories and walk through what it was like when we made our start.

To find out more about the podcast and property investment in general, check out our Epic Guide to Property Investment in NZ.

In this episode, we discuss 2 potential strategies you can use to pay off your mortgage faster, using investment property. 

Both strategies involve leveraging your existing home to purchase an investment property. In essence, this means using the house to pay for itself.

In the first strategy, you purchase a capital growth property, which will go up in value quickly, though will also require a cash top-up each week...

In Episode #17, we discuss the 5 reasons why your mortgage application for your first home might be declined.

• Not enough of a deposit
• Not able to afford the mortgage
• "Poor account conduct"
• Bad credit rating
• Not being with the bank you're applying to.

Have one of them, you may be ok. Have 2 or more and it could be bad news.

We also talk through how to work your way through these, if you any of these apply...

In Episode #16, we discuss whether it is the right financial decision to purchase the street that is just down the road from you.  We touch on why it may be better to diversify your risk across multiple areas of a city – or across several cities. 

This means that all your eggs aren't in one basket.  We also touch on the fact that it is often better for your investment to be out of sight and out of mind so that it doesn't stress you out...

In Episode #15, we discuss AirBnbs, and the benefits and drawbacks of using your investment property for Airbnb only, rather than tenanting the property.

Andrew specifically walks through an example of the "sleep test" where, if you are struggling to get to sleep because you're worried about whether there will be bookings, then Airbnb is probably not a good option for you...

In Episode #14, we discuss whether property investors are "greedy psychopaths". Ed recently had an article published in Stuff, New Zealand's largest news website. One commenter wrote, "property investment (speculation really) is a cancer on society by greedy psychopaths."

We touch on that without property investors, many New Zealanders wouldn't have a place to live, since investors provide accommodation to renters...

In Episode 13, we discuss Ring Fencing. This is a new piece of legislation that stops New Zealand property investors from claiming tax benefits they were previously entitled to. 

Under the previous regime, if a property investor made a tax loss each year, the investor could subtract the loss from their income tax.  This meant that they could claim a tax refund on the additional tax they had already paid...