Even in these times of a property downturn, property investment in one of the largest industries in New Zealand. It is a business and needs to be treated as such. And in bad times, it's important that investors make the right moves. This book will help them through this difficult process. This bestseller has proven to be an excellent practical guide that shows you how to: make a sound investment to ride out both falling and rising markets; legitimately maximise tax deductions; calculate how much to borrow; avoid legal problems; minimise your risk levels.. This updated edition also discusses: Different property strategies; The right mindset for property investors; Why property is a good investment.
About the Author
Andrew King is a property investor, author of the bestseller Planning for Property Success and a high-profile spokesman on residential property in all media. He operates Andrew King Property Management Services, helping investors manage their own properties or finding them managers to do it for them. Lisa Dudson is a Certified Financial Planner, and director of Acumen Inc, a financial consulting company. She has written a number of bestselling books, regularly appears on television and radio and is sought after as a speaker.
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Reviews
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I am an accountant who has been recommending this book (and its earlier edition) to my clients who are property investors for a number of years. Its the only book that I have found to be a New Zealand specific book that covers all areas of property investment. I understand thats its NZ best selling property book ever - well worth the read.
Great little book. Manages to say a lot in a relatively small time. Not the typical hyped up - 'You can do it!' thing you see everywhere. Much more of a practical guide for the NZ market.
...I suspect they will need a new edition following the property tax changes in May 2010 though.
As a yuong person who has recently just started out in property investment, I found this book to be a great read. Filled with NZ specific information, and helpful hints and tips, this book is invaluable to anyone looking to build up an investment property portfolio. Highly recommended!
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