Auckland Property Investment How To Get The Best Deals

Posted on Sunday, October 20 2013

When you decide to make an Auckland property investment, you want to use your money as wisely as possible. This means finding a New Zealand property investment that will bring you the greatest possible return. You may use the property for rental income, or go for the windfall through house flipping or adding value. This article will give you four tips for making the most out of any property investment in Auckland. At the end of the article, we will give you the name of a company that can help you find success with your New Zealand real estate investing.

When you want the highest returns from property investment in New Zealand, it is best to look for one that will be self-sustaining. This means that the rental income you receive from the property will more than make up your mortgage and other expenses. While this may not be as easy with residential property investment in central Auckland it is possible task if you know where to look.

Auckland Property Investment

It is much more viable within the Commercial property investment sector as the returns are usually higher and the tenant usually pays for most of the outgoings.

We should make a valid point notice that entering the Commercial property sector will require greater financial strength from the investor as lenders usually would lend 60%-70% of the property value.

Finding a property with equity built in from the beginning is also a good way to get a better return on your Auckland property investment. This can be much easier in today’s market, where you might find numerous Auckland properties for sale on auction or at a reduced price for quick sale. Finding a property with built-in equity basically involves keeping in contact with property traders who know how to locate these deals that stack up with your buying criteria.

Another way to capitalize on your New Zealand property investment is to diversify your real estate portfolio. In real estate investment, this means to spread your initial investment over many different sectors in the real estate market. That way, if one of your investment properties hits a dry spell, you have other types of properties that may ride out the storm much more profitably. It is the same principle as diversifying your regular investment portfolio with a variety of assets, such as shares, fixed interest or cash investments.

To ensure you don’t end up with a lemon in your Auckland property investment, make sure all purchases are preceded by a full property inspection. This process ensures the building is structurally sound. It checks that all features are working properly. If repairs are needed, you can get a cost estimate up front, so you go into your property investment with your eyes wide open. The local property investor association should be able to recommend an inspector in the community where your potential real estate investment is located.

Investing in New Zealand property has become a popular way to generate extra income today. However, choosing the right property will make all the difference in the rate of return you can expect. The good news is that you don’t have to navigate the New Zealand investment market alone.

Experienced property Trader will do the hard work of locating these Deals that stacks up that could meet your buying criteria. for viewing available property investment Deals from an experienced New Zealand property Trader, check out propertygenie.co.nz

 

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Expert's Bio

Hadar Orkibi

Hadar is a full time Property Investor and Trader, Specialising in Do-ups & Add value, Multiple income properties, High Yielding, Commercial, Equity and "Move Forward" Properties. Hadar is co-owner and Sales & Marketing Mangers at www.PropertyGenie.co.nz. Owner of the Private House Buyers companies www.WeBuyProperty.co.nz & www.PropertyBuyersAuckland.co.nz/ Find Hadar on Google+

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