Topics: Home maintenance
While your tenants will ensure your investment is bringing you a return, there will inevitably be maintenance and repairs required at various times. Some of these will be unexpected, others you can plan for, but either way it’s important to have finances set aside to cover these costs.
Are you interested in property investment? Have you paid for your children’s education and now have some money, and time, to spend on yourself? Are you looking to invest in a property that gives 10-15 years of growth before you retire on that new-found property investment wealth?
The media hype surrounding property news in New Zealand can often be difficult to decipher. Headlines will sometimes scream ‘BUY’ and ‘SELL’ in the same week. Gauging the market – and your place in it - can quickly become a stressful exercise. So how do you know if property investment is right for you?