iRefi Insider School – The Mindset Shift you need

TRANSCRIPTION Okay. So today we’re going to talk about what I think is the most important thing for successful property investing. So I probably have spoken to well over 1500 property investors in the last 3 years in detail, and the thing that I constantly pick up from the people that are doing quite well… Read more »

iRefi Insider School – The Biggest Risk Facing Investors Today

TRANSCRIPTION The least sexy thing about property investing is probably one of the most important. Couple of friends and I were having a chat after one of my good friends got married on the weekend. And they both own property and they’ll ask me, “Hey, what’s sort of biggest risk you see at the moment… Read more »

iRefi Insider School – Utilising an Offset Mortgage

TRANSCRIPTION Let’s have a quick look at offset mortgages. So, with a normal mortgage, what you’re doing is paying interest on the whole loan amount. So, let’s say that you’ve got 500K of mortgage and what you’ve got is 200K of savings. So, this is your loan amount, this is how much you’ve got in… Read more »

Getting Divorced – learn your mortgage and property options

So, if you’re in the unfortunate situation of separating or divorcing with your partner and you need to split your assets, unfortunately, it’s a common thing. And, what you’re going to want is somebody that is independent to give you advice, and maybe even advise both parties separately. You would also be getting legal advice… Read more »

Comparing Mortgage Interest Rates

VIDEO TRANSCRIPTION If you’re looking to compare mortgage rates, or if you want to do a mortgage rate comparison between the different banks and often you’re looking on interest.co.nz, you’re just reading the paper, it’s really important for you to know that the rates that you see advertised are often not the rates  people are… Read more »

iRefi Insider School – Investing with Family Friends

TRANSCRIPTION Buying property with family and friends If you’d like to keep investing in more property and you’re thinking you might want to do it with another person or a few other people because your income’s capped or you’d like a bit of help, you want to branch out of just investing on your own,… Read more »

iRefi Insider School – Interest Only Extensions

TRANSCRIPTION Extending interest-only mortgages If you’ve got an interest-only mortgage coming up for renewal or you feel like you’ve had an interest-only lending at the same bank for quite a long time and you think that the bank that you’re with is likely to decline or deny you an extension or a rollover of your… Read more »

iRefi Insider School – Interest Only Lending

TRANSCRIPTION Interest-only mortgages for investment properties So let’s talk about interest-only lending. Now, generally speaking, interest-only lending is for investment properties. In New Zealand, most banks are not that keen on lending for your family home on interest only. So what interest-only is, is, let’s say, you have a million dollar mortgage, your interest rate… Read more »

How Professional Investors do Due Diligence on Property Deals

TRANSCRIPTION Due Diligence Clauses for Real Estate You might have heard people talk about due diligence when they’re trying to sound smart about like assisting a deal. “Hey, I need to do my due diligence.” But let’s dive into what does that actually mean in a property context. So, if you want to get a… Read more »

Mortgage Tips for Self Employed

TRANSCRIPTION How to get a mortgage with a main bank if you are self-employed Some people think, “Hey, I’m self-employed. It’s really hard for me to get a mortgage.” Well, it’s actually not. There’s a lot of small businesses in New Zealand. You know, New Zealand is made up of small business owners and it… Read more »

LVR mortgage rules for property investors

TRANSCRIPTION LVR Rules and LVR Restrictions One of the most common questions we get is trying to understand what the LVR and what LVR restrictions are and your usable equity. So, what is LVR? Well, it’s a Loan-to-Valuation Ratio. So, it sounds confusing, but basically, it’s the amount of loan you have on the value… Read more »

How to become a ‘Property Investor’

Wealth and Freedom are ultimately the most important goals most Kiwis aspire to achieve. Whether you’re looking to retire early, have more income and time to spend travelling, or leave a legacy for your kids, property investment is great way to make your dreams a reality. Aside from being a tangible investment, property is a… Read more »

Book Review: 20 Rental Properties in One Year, by Graeme Fowler

Having bought and sold hundreds of properties, it is clear that Graeme knows what he is talking about with property investing. In this book (he has written a few) Graeme treats us to the simplicity and effectiveness of his investing style when he is looking to buy and hold instead of trading or flipping. Not including… Read more »

How investors build wealth over time

Compound Interest. Einstein calls this the eighth wonder of the world, He said “He who understands it, earns it. He who doesn’t… pays it.” The truth is, most people will grow old and never get a good grasp of it. They will get through life wishing they could go on all the trips their friends… Read more »

Look Through Company

Setting up tax efficient structures for your property investments What is a ‘Look Through Company’ (usually referred to as an LTC)? It is a limited liability company with the advantage that it allows you to be more tax efficient. We suggest looking at the information on the IRD website and talking to a tax professional… Read more »

Interest Rate Averaging

How to structure your home loan using interest rate averaging. If you wanted the cheapest possible interest rate today, it’s likely you would fix your whole mortgage for one year. Check out rates on our pricing page. However, this isn’t necessarily a good idea for a few different reasons. If rates next year were significantly… Read more »

Refinance Summary

Would you like an analysis of your options to see if refinancing onto lower interest rates or separating securities is worth the effort financially?   iRefi can look at your spreadsheets or online profile (complete the 10min form) and assess if you would benefit from switching any of your loans to interest only or principal… Read more »

Fortnightly Repayment Plan

Paying your mortgage off every 2 weeks as your pay comes in, instead of monthly, might be a smart way you can pay your mortgage off a bit faster. This is not rocket science. Instead of making 12 monthly repayments, you make 26 fortnightly repayments each year (2 a month with a few days spare… Read more »

Reducing Mortgage Repayments

If you are struggling to keep up with your mortgage payments or just need to minimize your monthly expenses for a while, then you might need to apply for a mortgage repayments reduction.   There are a few ways to pay less on your mortgage. You can switch from fortnightly payments back to monthly which… Read more »

Mortgage Topups

Using your home equity, you can top up your mortgage to pay for things like credit card debts, GEM Visa debts, Q Cards, holidays, cars, boats, jewelry, and the list goes on. If you have debts or planned future expenses and you’d like to put this on your home and make it so that payments… Read more »