Here’s a half decent article on the subject from Bruce Shepherd, immediate former head cheese of the NZ Shareholders Association.

He focuses on ‘yeild’ as being the key criteria for figuring out whether to buy a property or not and reckons the purchase decision is much the same as when you buy shares. Capital gain, he says, is more or less a bonus and not something to be relied on. Can’t agree more, especially in the current environment. Liquidity is another issue tackled which is not always fully appreciated by most people contemplating getting into property investment. And while Bruce might not want us to say ‘that’s great advice’, frankly, it is. Have a read and let us know your thoughts. CH


About Campbell Hastie

Cam is one half of Auckland based mortgage brokers, The Go 2 Guys.

He makes a living by sharing what he knows about mortgages with people, arranging mortgages for people and then insuring people.

He doesn't claim to know everything about mortgages himself which is why he teamed up with David Mercer — hence the ‘2’ in Go 2 Guys.

He writes posts regularly on his blog and has been told he has an ability to share his knowledge in a simple and sometimes memorable way.

Feel free to comment and ask any questions. Contact Campbell Hastie m: 027 697 7789.

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