Should I break my interest rate to get a cheaper rate [Break fees] ⎥ Ep. 1846

In this episode, we discuss how much money you should have based on your age.

This includes what your income and net worth should be based on the median New Zealander your age.

We also introduce the Wealth Equation, which comes from The Millionaire Next Door.

It's a simple guide to get a feel for whether your on track for how much money you 'should' have.

We also mention our new app, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Opes+⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, click the link to try it out.

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

In this episode, we discuss why house insurance is so damn expensive!

Most house insurance is becoming up to 30% - 40% more expensive.

This is because of the Auckland floods and Cyclone Gabrielle. Insures feel that they've under-priced risk in New Zealand.

So they are readjusting the costs.

We also mention our new app, ⁠⁠⁠⁠⁠⁠⁠⁠⁠Opes+⁠⁠⁠⁠⁠⁠⁠⁠⁠, click the link to try it out.

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

In this episode, we discuss the minimum amount of insurance you can get away with as a property investor.

This includes the Risk Reducer plan that we've come up with.

That way you can see the bare minimum life insurance, trauma insurance and income protection insurance we think you need.

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

In this episode, we discuss what a good cashflow looks like for an investment property in 2024.

Lower interest rates are improving cashflows property investors. But that doesn't mean that investment properties are printing money.

So we go through a couple of cashflows to give you a sense about what's realistic in 2024.

We also mention our new app, ⁠⁠⁠⁠⁠⁠⁠Opes+⁠⁠⁠⁠⁠⁠⁠, click the link to try it out.

Want to quickly calculate your investment property's cashflow? Use our cashflow calculator to find out.