Tips and strategies to help you make smart property decisions. Brought to you by the team at https://simplyrentals.co.nz Note: This podcast was formerly called 'The Good You Can Do'. That show has now moved to its own channel. New Spotify link for The Good You Can Do: https://open.spotify.com/show/0tTbw2nBgLBYbyQ9j4Ndp2 New RSS feed for The Good You Can Do: https://feeds.transistor.fm/good-you-can-do
Tips and strategies to help you secure the right home, hopefully at the right price, while avoiding common mistakes and pitfalls.We cover topics like:One-on-one negotiatingWhat to do in a multi-offer situationHow to handle over-eager agentsTips to keep negotiations moving when you've maxed your budgetWhy you should try to avoid the 'mythical middle' trapHow to maintain perspective throughout the processThe goal, as always, is to help you make smart property decisions!For a written version of this episode, visit: https://blog.andrewduncan.co.nz/how-to-negotiate-like-a-pro-what-most-agents-dont-want-you-to-know/-------Do you work in real estate? Check out agentmonday.comOwn a rental property in Wellington? Use my personal property manager: simplyrentals.co.nz Hosted on Acast. See acast.com/privacy for more information.
10 key pieces of real estate knowledge or ‘truths' that I have learned throughout my career. These tips will help you make better decisions when buying and selling real estate.For a written version of this podcast, visit my blog:https://blog.andrewduncan.co.nz/10-property-truths/-------Do you work in real estate? Check out agentmonday.com-------Do you own a rental property in Wellington? Find my personal property manager at: simplyrentals.co.nz Hosted on Acast. See acast.com/privacy for more information.
Markets can change quickly. Interest rates are going up, bank criteria are getting tougher, KiwiSaver balances are dropping and more properties are coming on the market every day. All these factors influence what buyers are prepared to pay for your home. As a seller, it's important to keep reflecting on what price you are expecting to understand if it's still in line with current market conditions.Links:Book a one-on-one consultationAgent Monday - content and coaching for property professionalsSimply Rentals - property management (greater Wellington region) See acast.com/privacy for privacy and opt-out information.
In this episode, Claire Tyler, partner at Wellington law firm Rainey Collins, answers common questions regarding the legal side of buying and selling real estate. Including: How to find a good property lawyer What is the role of the lawyer - what do they bring to the table When should buyers and sellers engage with a lawyer Disclosure obligations for sellers What to watch out for when buying off the plans The value of practical advice and understanding risk We go in-depth on each topic and also cover simple questions, like: "What does the word conveyancing mean?"Whether you are a first home buyer or seasoned investor, you will find value in what Claire has to say.You can find out more about Claire at the Rainey Collins website:https://www.raineycollins.co.nz/our-firm/our-people/claire-tylerThis episode was brought to you by the team at Simply Rentals - providing property management services to the greater Wellington region.
In this guide, we'll take you through important aspects of your property to check on a regular basis. Our goal is to help you stay on top of your maintenance and keep your property in tip-top shape. In turn, this will help you maximise your returns.We'll give you a specific list of tasks to tackle each year and warning signs to look for at each of your quarterly inspections.For a text version of this episode, visit: https://www.simplyrentals.co.nz/post/proactive-rental-property-maintenanceBrought to you by the team at Simply Rentals.
It's time for a little de-cluttering. In the interest of keeping things simple, this podcast is going to be focused on property education moving forward. The Good You Can Do is growing up and will now get its own room (channel). We've been blown away by the positive response this series has generated so we've decided that it's ready to become a standalone project all of its own. Please follow the journey by searching for 'Good You Can Do' by name in your favourite podcast app! Plus, make sure you listen to the end of this episode to hear the hidden bonus content.Stay in the loop at:https://goodyoucando.comNew Spotify link for The Good You Can Do: https://open.spotify.com/show/0tTbw2nBgLBYbyQ9j4Ndp2New RSS feed for The Good You Can Do: https://feeds.transistor.fm/good-you-can-do
I often get asked if it's possible to invest in property in an ethical way. In this episode, I answer that question and provide tips to help you on your journey.Topics covered include: Why you should avoid properties that suit first home buyers The benefits of hiring a property manager Why you need to have an emergency stash before investing How to build a good relationship with your tenants Why flexibility is key if you want to be a good landlord If you are keen to learn more about this subject, check out: How to buy your first investment property
I recently helped my long-time property manager (Lynette Sletcher) set up her own company. If you own rental property in the greater Wellington region, check out https://simplyrentals.co.nz. Switching is easy and only takes a few minutes of your time.You may remember Lynette from our previous episode together, how to be a cool landlord. She's an exceptional property manager, respected and sought-after by both tenants and landlords.
Interview with Bryce Taylor from Ray White, Sandringham.Bryce, and his business partner Josh Lowe effectively use video to help their client's homes stand out online, while having a bit of fun along the way. In our chat, we cover: How to attract extra buyers from surrounding suburbs using video. How to combine video with social media to maximise your result. How to maximise buyer engagement. Are certain properties better suited to using videos? Are videos expensive? How to hold buyers' attention past the first few seconds. Visit their website:https://www.joshandbryce.co.nz/Follow Josh and Bryce on Facebook:https://www.facebook.com/joshbrycere/
Topics covered:- Auction bidding strategy- How to prep for an auction- What to watch out for- Vendor bidding- Whether to offer early Plus a whole lot more. For a written version, visit:https://bit.ly/3qgHKE4
This is an interview with Edwin Rakanui from Biglifemindset.com. We introduce the concept of self-efficacy: What it is, why you need to know about it and most importantly, how you can improve it. Developing a strong sense of self-efficacy can play an important role in almost every aspect of your life. Life is full of challenges and high levels of self-efficacy can help you better deal with these difficulties more effectively. Your belief in your abilities can predict how motivated you feel, how you feel about yourself, and the amount of effort you put into achieving your goals. For practical tips to improve your self-efficacy, visit biglifemindset.com
Join us as we (my friend Edwin, and I) drive to and visit a potential investment property purchase. You'll learn what I look for in an investment property, how I evaluate information online and how I decide whether a property is worth pursuing or not.We discuss many common investing questions including which kind of area to target and what age of home to buy, along with a whole lot of general tips thrown in for good measure.For more info, visit: https://blog.andrewduncan.co.nz/how-to-buy-your-first-investment-property/Homes.co.nz record for the property we visited: https://bit.ly/34ElZVY
It's all about asking the right questions and understanding your competition. If you have found a home you love but you're not sure what the next steps are, this episode will help you find out the information you need to move forward. Every single property is different, but there are standard rules you can follow that will help you make a smart, informed decision.For useful links and more info, visit: https://blog.andrewduncan.co.nz/what-to-do-when-you-find-a-home-you-want-to-buy/
In this podcast episode, I interview Jason Quinn from Sustainable Engineering.Jason offers an introduction to the Passive House concept (essentially a home that is as cheap as possible to heat). You'll learn how the science behind this movement can help you make better decisions when buying an existing home, renovating to add warmth, or building new.For links / show notes, visit: https://blog.andrewduncan.co.nz/passivehouse
With property prices as high as they are, many first home buyers are only able to purchase a property with help from the bank of Mum & Dad.If you are keen to support your kids onto the property ladder, or you are a buyer looking to get help from family, this is the podcast for you.We run through the 5 most common ways you can help, so you can understand all the options available and decide which one might be best for your situation.Check out my previous episode with Jenny for tips on getting your mortgage application approved: https://blog.andrewduncan.co.nz/mortgage-application-approved/
Note: Since publishing this podcast, Lynette and I have now started our own independent property management company. It's called Simply Rentals and we service the greater Wellington region.If you are looking for a property manager, check out our website for more info:https://simplyrentals.co.nzThis episode is full of common-sense advice you can use to make sure you have a great experience as a property investor while providing the best possible service to your tenants.Show notes / links:- Recent changes to NZ tenancy laws- Healthy homes standardsTips for being a cool landlord:- Tenant selection is everything- Make sure you comply with the RTA changes- Don't micromanage your property manager or your tenants- Always provide tenants with correct notice periods- Proactively budget for upcoming maintenance work- Always keep improving your property- Be understanding of your tenant's situation- Act quickly on maintenance issuesFollowing these tips help ensure you build a good relationship with your tenants, who will repay your loyalty.For more property investment tips, visit: https://blog.andrewduncan.co.nz/category/property-investment/
In the aftermath of the Global Financial Crisis (our last big recession), I stumbled upon a marketing strategy which unlocked consistent real estate commission income and a never-ending supply of listing opportunities. With zero cold-calling or knocking on doors. This episode talks you through exactly how I did it. This strategy is perfectly suited for a world with Covid-19 and it can work for any kind of sales-based business (not just real estate). It's called content marketing, and when used correctly, it allows you to build a referral-based business where you don't need to go out and find potential clients. They'll come to you. Visit the link below to learn more: https://www.agentmonday.com/50-sales-a-year-zero-prospecting/
Drawing on my experience selling hundreds of houses in Wellington, New Zealand, I have put together a list of common mistakes to avoid when buying a home. After 13+ years working in residential real estate, I now concentrate full-time on providing consumer education content via my blog, podcast and other channels. For more tips like this, visit: https://blog.andrewduncan.co.nz/
Nick Gentle from ifindproperty.co.nz shares his personal investment journey, what he's learned along the way and how he now helps other people achieve financial freedom through their investment-finding service.Visit the links below for more info and useful resources:Nick's blog post on creating passive income through property investment: https://www.ifindproperty.co.nz/blog/passive-income/The ifindproperty online course: https://www.ifindproperty.co.nz/course/Nick's blog post on leverage: https://www.ifindproperty.co.nz/blog/investment-strategy/leverage/A step by step guide to securing your first investment property: https://blog.andrewduncan.co.nz/how-to-buy-your-first-investment-property/Matthew Gilligan's book, 'Property 101': https://www.gra.co.nz/resources/books
If you are planning to apply for a mortgage in the near future, there are steps you can take in advance, to increase your chances of getting a YES from the bank. As you'll hear in this interview, it pays to start planning 3-6 months before submitting your mortgage application. That way your accounts will look as good as possible when it comes time to seek your finance pre-approval. In this episode, my personal mortgage adviser, Jenny Cheevers, shares her top tips for getting your mortgage application approved. Show notes: For mortgage calculators and other useful tools, visit: https://sorted.org.nz/ Thank you for listening! If you found this content useful, it would mean a lot to me if you were able to write a review for the show. The best way is to find the podcast on the Apple Podcasts app and post a review there, or head on over to Facebook: https://www.facebook.com/hmsllr If this is your first episode, you can find a whole lot more useful info like this at my blog: http://blog.andrewduncan.co.nz/
Many of you will have experienced the feeling of seeing a home you like, getting excited about it, imagining your future there and then having your dreams shattered when you obtain a builder's report. While some problems are just too expensive or too scary for you to fix, what I want to share with you here are some tips on how to keep things in perspective. How to look at problems and then find solutions to issues raised by a building inspection report. For a text version of this info, visit this link: https://blog.andrewduncan.co.nz/how-to-read-a-builders-report/ Building inspectors, I have personally used: Inquest (Wellington-based): https://www.inquest.co.nz/ Inspection Plus (Wellington-based): https://inspectionplus.co.nz/ For the rest of NZ, use this link to find a member of the NZ Institute of building inspectors: https://www.nzibi.co.nz/memberdirectory -------------------------------- Need strategic advice? Visit this link to book a one-on-one consultation online: https://blog.andrewduncan.co.nz/consultation/
This podcast will provide you with a quick, easy home valuation process to help you decide what any property is worth to you. For useful links and further info, check out https://blog.andrewduncan.co.nz/5-step-home-valuation-method/
"This experience has shown us that we can survive on a level of spending far below what we otherwise would have experienced in the past." In this episode, I discuss what the lockdown / quarantine experience can teach us about our own financial situation and how we can use that information to achieve financial freedom quicker than we ever thought possible. Useful links: An awesome kiwi finance blog which inspired this post: https://thesmartandlazy.com/2020/04/23/quick-tip-work-out-your-minimum-investment-target-while-in-lockdown/ The coolest finance blogger around a.k.a "Mr Money Mustache" https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ A facebook group of like-minded individuals: https://www.facebook.com/groups/1574186292811363 The book which started it all for me: The Four Hour Work Week (book)
If you want to know what's really going on with the real estate market, the best way to find out is to speak to the people at 'the coalface'. The salespeople that are working with buyers and sellers right now. On that note, I set up a Zoom chat with Ben Cartwright, one of Wellington's most sought-after real estate salespeople. In this podcast, we cover: Whether buyers are apprehensive to take action in this new environment. What it's really like viewing houses at alert level 3. Why conditional buyers now have a chance, even if you are subject to sale. Why you will probably actually have a better customer experience than you did pre-Covid-19. Whether to expect a surge of properties coming on the market. How to increase your chances of success as a buyer and as a seller. Useful links Check out Ben's virtual open homes on facebook. What you need to know about conditional vs unconditional offers. Free online PDF editor ------------------------------------- Have a question? Would you like advice specific to your situation? Book a 30-minute consultation online.
In this interview, I talk with Edwin Rakanui about his recent experience buying an investment property. You'll hear tips on: - How to set your buying criteria. - Why he brought outside the city he was living in. - Mastering the mental game behind what can be a challenging process. - How to stay the course through any obstacles that come your way. - Books and resources that you will find useful. For a step by step breakdown of the buying process, I highly recommend checking out this blog post: https://blog.andrewduncan.co.nz/how-to-buy-your-first-investment-property/ To find out more about Edwin, check out his website: https://biglifemindset.com/ Kindle version of the David Whitburn booked discussed during the interview: https://www.amazon.com.au/Invest-Prosper-Property-David-Whitburn-ebook/dp/B00AM7FHTA
"When the world around you is changing and new and different opportunities present themselves, you want to be prepared to make the most of those opportunities." - Lucy Sanderson-Gammon ----------------- What will the world of work look like after the lockdown is over? What changes will we see? No one knows the answer to those questions. But if you set yourself up with the right mind-set, if you are clear on what 'good' looks like for you, then you'll be in the best possible position to succeed, no matter what challenges and opportunities lie ahead. Check out Lucy's blog post (and other articles on her site) for more career advice: https://www.luminousconsulting.co.nz/blog/2020/3/30/how-to-reduce-the-impact-of-the-coronavirus-crisis-on-your-career ------------------------- To see more from me, visit: https://blog.andrewduncan.co.nz
In this episode, I sit down with Lindsey Smith, Senior Legal Executive from Rainey Collins to talk about the due diligence process and making unconditional offers. Imagine you have just found a home you want to buy, but you need to do your homework first and you don't want to make an expensive mistake. Where should you start? What reports do you need? What questions should you answer before you take the plunge? This podcast will talk you through the process, step by step and help you get ready to make an informed decision. Find out more about Lindsey here: https://www.raineycollins.co.nz/our-firm/our-people/lindsey-smith Read Lindsey's original article on due diligence here: https://www.raineycollins.co.nz/your-resources/articles/buying_a_house_what_should_i_do Find more tips on buying and selling real estate at: https://blog.andrewduncan.co.nz
Have you set your goals for 2020? Are you looking to buy a first home? Investment property? Or renovate your current home? In this episode, Andrew Duncan and Jenny Cheevers provide their advice for each of these goals and give you tips on where to start. Links mentioned in this episode... How to buy your first investment property: https://blog.andrewduncan.co.nz/how-to-buy-your-first-investment-property/ Book a personal consultation with Andrew: https://blog.andrewduncan.co.nz/consultation/ Get in touch with Jenny Cheevers: https://www.facebook.com/jennymortgages
Is having a house to sell holding you back from moving to your dream home?In this episode, we sit down with mortgage adviser Jenny Cheevers to talk through the different options available to you when you are trying to buy a home, but already have one you need to sell.Our conversation includes:- Pros and cons of using bridging finance- Risks of offering 'subject to sale' of your own home- Open bridge vs closed bridge- Strategies for minimising your risk and reducing your chances of needing bridging finance- Risks to consider when taking on bridging finance. Hint: run the numbers first- What to do if you can't secure bridging financeFor more info, visit: https://blog.andrewduncan.co.nz/how-to-buy-when-you-have-a-house-to-sell-----------------------To contact Jenny Cheevers, visit: https://www.facebook.com/jennymortgagesIntro music by http://www.davidcuttermusic.com