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Someone else’s back is a buy and hold property strategy. It is based around Cash flow Positive properties. The aim of this strategy is to input as little as possible of the owners resources into their properties. Basically the tenants end up financing the property until it is entirely paid off. This will often be [...]
Many beliefs and attitudes were developed when people were very young. They watch and learn lessons from parents, other family members, friends and teachers. Usually, people don’t realise what they’ve picked up along the way and, unknowingly, other’s beliefs and experience begin to become one’s own.
This article sets out the different type of ownership of properties.
Bummer – you might not be able to die due to the cost.
Could you survive without your next wage/salary payment? If you’re not sure of the answer, you need to assess your budget now. Not being able to survive a missed wage/salary payment is just one warning sign you may be heading for financial trouble.
It is a very tempting to want to do the renovation work yourself but if you are running your Property Investment NZ business to maximize your profits you need to carefully assess whether your time is best spent renovating or best spent finding and investing in property.
This information gives an overview of the options for structuring your borrowing; it does not replace expert advice. It is recommended that you seek professional advice on structuring whenever you undertake new borrowing.
The risk seems huge when you give a business your money and in return you get a piece of paper stating that you have part ownership in a chunk of metal.
Turn up and you’ve got an eighty percent chance of success according to Woody Allen. I like the odds. Recently I made a phone call and saved myself $230 per month in interest on my mortgage and it’s thanks to Woody Allen, Bernard Hickey and PropertyTalk.com.