Property is an inherently emotional asset class. Homes are where we live, grow families, and create memories. Even in investment contexts, buyers often form attachments to a property’s aesthetic, location, or perceived prestige. But when the goal is wealth creation, not home ownership, emotion is often the enemy of good decision-making. The most successful property…
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Erskine Owen recently welcomed Roger Wilson to the business as Chief Operating Officer. Erskine Owen Director Alan Henderson describes Roger as a great addition to the business, with Roger having come from two of the big four accounting firms, KPMG and PriceWaterhouseCoopers. In this interview, Roger details his experience as well as his personal hobbies…
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1. Our own property investment journey started in residential property Naturally, residential property was our focus when we started the business, buying residential property. Residential property is not really a yield play – it’s about long-term equity growth. And therefore, we were laser focussed on achieving maximum capital growth. Our recommendations to clients of where…
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Interest deductibility is now ruled out for existing properties… we think (it’s still not completely clear), and will not be ruled out for new builds….probably, which is causing investors to think, “should I invest in new builds or existing properties in New Zealand?” Before the announcement about eliminating interest deductibility for investment properties people typically…
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45 Barrington Drive, Hamilton was secured through an auction process in May for $1,027,000 with vacant possession. The owner was downsizing to a retirement unit. This house is a 2006 built low maintenance construction with 2 living areas in open plan configuration and connected outdoor flow, 3 bedrooms, 2 bathrooms and double internal access garaging.…
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No I don’t have a fail proof vaccine. What I have assembled are a few ideas on ways to deal with this lockdown and the impacts it may have. Hope it helps in some way. 1. Think exponential – not linear. Times like these interrupt our linear approach to work and life. No point thinking linear…
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How We Secured This Property: We first heard of this property in Hastings through an agent in our network around September last year. We expressed interest but as it was a re-build we waited for progress to be substantially under way and a lease document to be finalized with the proposed tenant. This was done…
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The NZ Government has decided they would rather pass a housing package through the eye of a loophole than confront the obvious supply side constraints in the housing market. But this camel has more than one hump and the unintended consequences of their policies are likely to hurt the people the package is designed to help. How…
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Property is Slow – And that’s the Secret Sauce
I recently explained to one of my teenagers that I am from the TV watching era where if our favourite sitcom finished with a ‘cliffhanger’, we had to wait a whole week till the next episode. He turned to look at me like I had ‘rocks in my head’. All he knows, is a 4…
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