APIA Blog

Hot or not? How seriously should you be following 'property hotspots'?

In this week's Ask An Expert feature, David Whitburn tackles the myth of property hotspots and breaks it down once and for all for investors. What are your thoughts on property hotspots? A lot of times I find people asking at APIA meetings Where is the next Auckland hotspot? But what if somewhere that was flagged, quite legitimately at first, as giving investors good capital growth and yiel... read more

Deal Or No Deal?

A week ago we posted a Deal Or No Deal pop quiz on our Facebook page. Auckland CBD freehold apartment selling at $300,000 with an assessed market rent of $400 p.w. Body corp fee of $2,800 p.a. and rates of 850 p.a. Assume 2 weeks vacancy which is when you will be carrying out major repairs and maintenance (budgeted at $800 p.a.). Fully financed at today's ANZ New Zealand float... read more

Capital Gain Is A Ponzi Scheme Says Kiyosaki

Robert Kiyosaki calls capital gain a Ponzi Scheme Why? Because you are looking for a bigger idiot to buy something off you at a greater price than you had paid for in the first place. "Capital Gains is like this goose that has laid a golden egg and you eat the goose. Why would you eat the goose?" Unlike property traders, investors are in it for the long haul. Increase your cash... read more