Steves Thoughts

In this blog I share my opinion on the state of the market, trends and tips you can use to improve your property investing.

Would you take a “Free” holiday that costs you $36,000!

Would you take a “Free” holiday that costs you $36,000!

The Government announced that banks will be able to provide a mortgage holiday of ‘principle and interest’ for the next 6 months to alleviate the consequences of COVID-19 on homeowners. However, there has been confusion amongst homeowners, landlords and tenants and...

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Should you break your Mortgage?

Should you break your Mortgage?

As kiwis have seen interest rates drop like a rock over the past year and with the reserve banks drop of .75 mostly all being passed on to home owners it’s a good time to take a look at the cost of your funding. If you have lending of say $670,000 fixed at 5.25% until...

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Boomers own all the Property

Boomers own all the Property

I enjoyed trying to explain my point of view in this article for Stuff.co.nz. It’s always dangerous and also interesting to read the comments that people make. They normally include the following: 1. It’s easy for you. 2. I must have inherited it, or been given a hand...

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I’m not going to say sorry.

I’m not going to say sorry.

Not too long ago I wrote an article about taking one of my houses from long term rental to Airbnb. After the article was picked up by the press I committed a cardinal sin….I read through the comment section on stuff. It seems that I am the root of all evil in the...

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Housing still the investment of choice.

Housing still the investment of choice.

The share market has dropped 20% across my portfolio since last week. Gold has taken a knock too but they will both come back over time. House prices continue to surge and I’m taking calls from clients, being interviewed and continuing to develop my own thoughts of...

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Sometimes not paying back your home loan is a smart move

Sometimes not paying back your home loan is a smart move

OPINION: In the current environment of historically low interest rates, it's possible to borrow a million dollars and yet only be repaying around $570 per week back. As insane as this is, you need to ask is that healthy to your investing and to your portfolio? The...

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