Property Investment Strategy That Works in Tight Listings Market

strategyYear on year Auckland property values are up 14.1 percent. If your house was worth $750K a year ago it’s more than likely worth more than $855,750 today. However that’s not taking into consideration the 5.1 percent growth in just the past three months. The reality is the growth in property values is more likely over 20 percent per annum now and it’s expected to continue upwards for the time being as housing demand overshadows supply.

There’s been a lot of discussion around who and what is to blame for Auckland’s predicament. Matthew Gilligan of GRA says it is a historical net supply problem and that’s hard to argue against given the current level of building consents are still well under the long term average.

If you’re an investor on PropertyTutors The Masters mentoring program you will be doing well even in a tight property listings environment. There are always properties on the market that no one else wants. These properties are perfect for PropertyTutors mentoring clients. Grabbing the low end property stock, often in an unliveable state; then renovating them and on-selling has been a very profitable strategy over the past few years and it’s not surprising it’s now on main stream TV in the latest reality show ‘My first home’.

Like you’ll see on the TV show – not all renovations go to plan and unforeseen circumstances can make or break a deal. While the TV contestants are novices, the PropertyTutors team are experts and the gap in between is huge and so too the profit made as a result.

Read the latest eBook by PropertyTutors. It has some of their most recent property deals.

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