How Do I Manage My Property Manager? | Ep. 411
12 min

In this episode, we discuss how to manage your property manager. Property managers naturally come with different levels of skill and experience. Some will be amazing, others not so much. 

So you can't just take your hands off a long term buy and hold investment and leave it to your property manager. That's why we walk through a real-life inspection report and answer some common questions you might be thinking if you were to go through one yourself. 

We also mention our new number, which you can text us on. If you have a topic suggestion or a question, feel free to text us on 5522 and we will message you back. 

NZ Everyday Investor
NZ Everyday Investor
Podcasts NZ / / Gorilla Voice Media
Mortgage Pitfalls for the home buyer / Alex Matheson
2020 was the year that first home buyers got their groove on again...some did anyway with the first timers getting almost 25% of house sales. It currently takes up to 3 weeks (at time of writing), to obtain pre-approval of finance from a bank. It also sounds like for every house sale, there could be up to 10 individuals who have all engaged their banks, lawyers, builder and valuers - all undertaking some sort of due diligence. There is so much wastage in the property purchasing industry. This episode is about trying to help you avoid the pitfalls when buying your next home and involving the bank- because pitfalls suck balls, and whatever else that falls down them. Some questions we're going to discuss here: Bank vs Adviser How to fill out an application form Does it matter who your parents are? How important is a track record? These are some of the most common pitfalls that first timers fall into (and even if it's not your first rodeo too). Now as promised, courtesy of of Financial Advice NZ - here's a list of all member advisers. You may also wish to check out this episode if you're looking to purchase via auction. ___________________________________________________________________ Hatch / NZ Everyday Investor, Investing Challenge! Start investing regularly. It’s not about picking stocks, it’s all about investing regularly towards an objective! The goal of the challenge is to get you to start making regular contributions to your investments, to build long term wealth. Now to help you with this challenge, Hatch is going to give one lucky person a $500NZD top-up to their Hatch account. To enter the giveaway, head to: Terms and conditions: Just pop down your email address _and your _goal you have when it comes to investing – that’s right – if you put it out there, it’s more likely to happen. The challenge will run from Monday 16 November to Monday 30 November, and the winner will be announced on Tuesday 1 December. _So don’t put this off _– if you’re in a position to do it, click on the link now. If you work for money, put some of it to work for you today – good luck! __________________________________________________________________ The NZ Everyday Investor would also like to acknowledge the support of kōura. Most people fixate on just fees or historical returns when trying to choose a KiwiSaver fund. But professionals know there’s the _third, arguably more essential_ component to consider - asset allocation. kōura's digital advice tools will build you a KiwiSaver portfolio that has the perfect asset allocation just for you. Of course you could also just choose your own KiwiSaver portfolio with them too. Give them a try and see what your _ideal_ KiwiSaver asset allocation looks like for you. __________________________________________________________________ Like what you’ve heard? You can really help with the success of the NZ Everyday Investor by doing the following: 1- Tell your friends! 2- Write a review on Facebook, or your favourite podcast player 3- Help support the mission of our show on Patreon by contributing here 4- To catch the live episodes, please ensure you have subscribed to us on Youtube: 5- Sign up to our newsletter here NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person! Please ensure that you act independently from any of the content provided in these episodes - it should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions, or ideally, consult and engage an authorised financial adviser to provide guidance around your specific goals and objectives. _______________________________________________________
35 min
Economy Watch
Economy Watch / Podcasts NZ
Time to clean up the mess
Kia ora, Welcome to Monday's Economy Watch where we follow the economic events and trends that affect New Zealand. I'm David Chaston and this is the International edition from Today we lead with news that with Trump's reign about to end, the world is left cleaning up the mess and finding out who were the winners or losers. Firstly in China, industrial profits in October for their major companies, including their SOEs, have now recovered back to year-ago levels. In fact, they were +0.7% higher than for October 2019 and rose at their fastest pace in nine years. Meanwhile, China is tightening its pressure on Australia, slapping import duties of between 107% to 212% for Aussie wine, and intensifying trade tensions between the two countries. And don't forget, off the Chinese coast a fleet of 82 ships carrying blacklisted Australian coal worth more than NZ$1.2 bln is held up as Beijing tries to coerce Canberra into kowtowing to its policy positions. Australia is now readying a trade dispute case against China in the WTO, this one over a earlier ban on barley. Investment bank analysts at Citibank say that if iron ore were to be drawn into the trade stoush, Australia could lose up to -20% of their exports worth more than AU$76 bln in a year, hit their nominal GDP by -3.8% and take -16c off the value of their currency. It seems an unlikely scenario and most other analysts don't see anything like this actually happening. But that does seem to be the downside risk of standing up to China. In the US, there are reports that some shopping malls are deserted as the pandemic pushes retail online even faster. Amazon is reported to be trying to hire more workers at the rate of about +3000 per day, and courier deliver companies are struggling to find the drivers to respond to this unprecedented shift. Amazon alone now has more than 1.2 mln employees and has added +427,000 this year alone. American holiday spending is expected to rise by at least +3.6% this year and surprisingly about the same as the average for the past ten years, but boosted this year by more than a +20% rise in online shopping. In the EU, they are suffering a new round of pessimism, with sharp falls in both consumer and now business sentiment. Being unable to shake the pandemic as the holiday season approaches is knocking the stuffing out of them, and having to isolate indoors in winter is a grim prospect. In Switzerland, yet more referenda over the weekend, the first one is aimed at making Swiss companies liable for human rights violations and environmental damage by their subsidiaries abroad. Another referendum sought to ban investing in weapons companies. Both failed at the polls. The latest global compilation of COVID-19 data is here. The global tally is 62,448,000 and a +1,159,000 rise in the past two days. The largest number of reported cases globally are still in the US, which rose a sharp +361,000 over the weekend to 13,628,000 and picking up the pace if infection again. In Australia, they are not getting any major resurgence. The UST 10yr yield will start today unchanged at 0.84%. The price of gold fell sharply on Friday but has held over the weekend staying low at US$1788/oz. A week ago it was at US$1875 so since then it has declined by -4.6%. Oil prices are little-changed today at US$45.50/bbl in the US, while the international price is now just under US$48.50/bbl. OPEC and Russia are apparently close to agreeing to keep oil production cuts for another two to three months, a move they hope will keep markets tight even as prices start to recover. And the Kiwi dollar has stayed high, rising slightly to 70.3 USc this morning. That is a full +1c higher than this time last week. Against the Australian dollar we are unchanged at 95.1 AUc. Against the euro we are also holding at 58.7 euro cents. That means our TWI-5 will start today at 72.7. The bitcoin price has recovered sharply over the weekend and is now at US$18,064 and that is up +7.5% from where we left it on Saturday. You can find links to the articles mentioned today in our show notes. And get more news affecting the economy in New Zealand from Kia ora. I'm David Chaston. We will do this again tomorrow.
5 min
Month in Review: November
CommSec Market Analyst, James Tao looks over how the market performed this month, the best & worst performing companies and discusses some of the headlines which received the most attention. This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have effected or may effect transactions for their own account in any investments or related investments referred to in this report. This report is not a recommendation to buy, sell or hold any securities or financial products, and has been prepared without taking account of the objectives, financial or taxation situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual's objectives, financial or taxation situation and needs and, if necessary, seek appropriate professional advice. This report is produced by Commonwealth Research based on information available at the time of publishing. We believe that the information in this correspondence is correct and any opinions, conclusions or recommendations are reasonably held or made as at the time of its compilation, but no warranty is made as to accuracy, reliability or completeness. To the extent permitted by law, neither the Bank nor any of its subsidiaries accept liability to any person for loss or damage arising from the use of this report.
5 min
Smart Property Investment Podcast Network
Smart Property Investment Podcast Network
Momentum Media
Why this investor never sold a property in two decades
Property experts have long highlighted the importance of long-term strategy in real estate. One investor has proven this advice effective as he held on to the buy-and-hold strategy for more than two decades. In this episode of The Smart Property Investment Show, Pete Wargent talks about how he and his wife have built a 14-property portfolio spread across markets across the United Kingdom and Australia, and why they haven’t sold off a single asset since their first purchase 25 years ago. Find out how they have consistently implemented the set-and-forget approach as property investors and the roles that location, capital growth and rent play in the success of their wealth-creation journey. Mr Wargent also shares the stark differences in investing in the UK and Australia – from lifestyle to mindset – as well as the changes he has witnessed in terms of servicing debt through the years and why he refuses to believe in doom-and-gloom mortgage stress surveys. Tune in to Pete Wargent’s episode on The Smart Property Investment Show and learn the best ways to implement one of the most basic yet most effective strategies – the buy and hold. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email for more insights!
22 min
The Elephant In The Room Property Podcast | Inside Australian Real Estate
The Elephant In The Room Property Podcast | Inside Australian Real Estate
Veronica Morgan & Chris Bates
Ep 152 - Saul Eslake | What does top economist say on the current economic environment
We are honoured to have renowned economist Saul Eslake on the podcast to discuss all things Australian economy. Saul Eslake has worked in Australian financial markets for over 25 years, including several chief economist roles in Mcintosh, ANZ and Bank of America Merrill Lynch, and has worked in an advisory capacity with the federal government. Saul comes in with a wealth of knowledge and insight into the current state of affairs including how the various states have performed from one another, how net migration will change in the future and Australia’s need to shift from exporting raw materials to service based industries. Here’s what we covered: * What are some similarities between the economy post Spanish flu and Covid 19? * What's most likely going to happen nationally and globally? * Are we on the cusp of structural change? * How are capital city housing prices going? * How Sydney survived through Covid comparison to Melbourne? * Why have fixed rates historically been higher than variable rates? * How is the RBA trying to reduce the AUD? * What is the state of the current banking system * How will the US election impact the Australian economy? * What ways can Australia grow its economy beyond the exporting of raw materials? RELEVANT EPISODES: Episode 143 | Martin North Episode 132 | Mark McCrindle Episode 117 | Shane Oliver GUEST LINKS: Saul Eslake - LinkedIn, Saul Eslake - Facebook Saul Eslake - Twitter Saul Eslake - Youtube HOST LINKS: Looking for a Sydney Buyers Agent? Work with Veronica: Looking for a Mortgage Broker? Work with Chris: Send in your questions to: EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in November, 2020.
1 hr 20 min
The Michael Yardney Podcast
The Michael Yardney Podcast
Michael Yardney; Australia's authority in wealth creation through property
This is the type of property that will lead the recovery in 2021 with Stuart Wemyss
There are signs that the modest coronavirus-induced housing correction has come to an end. Nobody’s going to ring a bell telling us the market’s bottomed, but I’m sure when we look back in 12 months’ time, we’re going to find that the value of some properties has increased significantly and our property markets turned the corner in October 2020. But as usual, some segments of our property markets will continue to languish. Now I’m not denying that we’re still going to have some challenging times ahead. We are. But the recovery of our home values has been underwritten by a number of factors that we’re going to discuss in today’s podcast as I have a chat with Stuart Wemyss. Stuart’s going to talk about what kinds of properties are going to lead the recovery in 2021 and why buying the right property next time around is more important than ever. And then, in my mindset moment, I’m going to share with you one of the most important lessons I learned from one of my mentors as we talk about the miracle of personal development. At the end of today’s podcast, I hope you’ll have a bit more clarity about what’s going to happen to our property markets inn 2021 and what you need to do to position yourself correctly. What properties will lead the recovery in 2021? The major media has done a backflip on their predictions earlier this year of 10, 15, 20, and even 30% drops in property market values. One of the people who has forecast things over the past year and gotten it right most of the time is director of Prosolutions, Stuart Wemyss Highlights from our conversation: * The market didn’t take as much of a hit as many predicted that it would this is because: * The government absorbed most of the cost * The people who were hit hardest by the coronavirus pandemic were mostly younger and lower income * There are two major sectors to be concerned about: * Regions dominated by low-income earners * Inner city apartment markets * The loan pause data shows that 9 out of 10 of the greatest loan pause suburbs have been in southeast Queensland * This might be because the area was heavily impacted by the reduction in tourism * It’s also possible that most of the loan pauses are out of convenience rather than necessity. * Since prices are down on the lower end of the market, why not get in on that and get a bargain now? * There are two types of tenants in rentals: lifestyle tenants and necessity tenants * It’s the properties occupied by tenants that rent by necessity that are on the lower end of the market * These properties don’t offer much capital growth in the medium to long-term * The tenants may be living week-to-week, which makes it less likely these properties will be profitable * Lending criteria will soon be lessened. This is a game changer for property markets * Interest rates are low and probably going to stay low for several years to come * This decreases the risk of taking on debt and makes it more affordable * Lower interest rates will probably have a bigger impact on the top end of the market * Choosing the right first property is important because good decisions compound and lead to future good decisions Links and Resources: Michael Yardney Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game Some of our favourite quotes from the show: “Interest rates are likely to have a larger impact at the top end of the market, the luxury end of the market.” – Michael Yardney “Instead of asking about your work, your job, “what am I getting?” instead you should be asking yourself “what am I becoming?”” – Michael Yardney “If somebody hands you a million dollars, you better hurry up and become a millionaire.” – Michael Yardney Shownotes plus more here: This is the type of property that will lead the recovery in 2021 with Stuart Wemyss PLEASE LEAVE US A REVIEW Reviews are hugely important to me because they help new people discover this podcast. If you enjoyed listening to this episode, please leave a review on iTunes - it's your way of passing the message forward to others and saying thank you to me. Here's how
42 min
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