Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

  • Monthly Coffee Chat Group - October 2022
    Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held. The Plaza Cafe also has a play area for children so feel free to bring along your children.
    29-10-2022 more >>
  • Group Panel Meeting: Development Issues
    Come along and join an exciting discussion and panel meeting relating to local development issues and situations. Topics include: The Dunedin District Plan (aka the 2GP) – what’s new: duplexes, 2GP mapped areas, pre 1940s dwellings and more! Conrad will provide a brief overview of some of the changes to the 2GP, with a focus on how these may impact development options.   Information explaining a bit about designing buildings and how an architect can assist during the early design phases of housing projects. Bring your questions! Our expert panel consists of: Gill Brown - DCC Housing Plan Advisor Conrad Anderson - Resource Management/Planning Consultant Michael Ovens- Architect and Developer
    18-10-2022 more >>
  • Monthly Coffee Chat Group - September 2022
    Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held. The Plaza Cafe also has a play area for children so feel free to bring along your children.
    24-09-2022 more >>
  • Trade Expo - Meet Our Business Partners & Tradespeople
    Make a point of joining our business partners, tradespeople and advertisers for a closer look into their new products and services. Also see more efficient ways of going about your renovations. There will be ample opportunity to chat with the presenters while they update you and showcase their latest catalogues. Of course no event would be complete without giving away some great prizes on the night . MUST REGISTER FOR EVENT!
    20-09-2022 more >>
  • Housing: blame the Government
    Tim Horsbrugh, President of Wairarapa PIA, has this article published in the Wairarapa Times
    17-09-2022 more >>
  • Chris Bishop- National Party Housing Spokesperson
    Chris is the National spokesperson for Housing and Urban Development. Come along and hear what he has to say about the new RTA, healthy homes and interest deductibility rules. There is an opportunity to talk to him about your investment property concerns and ask him any questions.
    06-09-2022 more >>
  • Local Body Election Special
    Come and hear from the mayoral candidates for Dunedin in the upcoming local body election.
    24-08-2022 more >>
  • Housing and tax
    Paul Conway, RBNZ Economist, has stated that the Tax Working Group in 2018 showed that the tax system had historically favoured housing as an investment asset. Peter Lewis, Vice President of NZPIF challenges this statement
    24-07-2022 more >>
  • Steve Goodey, Property Coach
    COO of his own life - Multi-Million Dollar Property investor, Renovations and Room by Room Specialist, Public Speaker and Educator Based in Wellington, New Zealand. Steven has served clients for the past 20 years making many small-time investors into medium to large-sized millionaires. Steve has been a full-time property investor since 1999 and has at one time completed a property renovation every nine days. He invests in large-scale residential and small to medium commercial investments as well as being involved in many residential apartment developments. Steve knows that investors need more than ever to be cash-flow positive as capital gains are never ever guaranteed so he has developed his own sleek, stylish and profit-generating Rent by the Room strategy that turns a negatively geared property into a cash-making, equity-generating machine. Steve is a master negotiator and one of New Zealand’s predominant property investment speakers and he also runs the wildly popular Facebook page "Steve Goodey - Property Coach".
    19-07-2022 more >>
  • Official cash rate increased to 2.50% today
    The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.50 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and support maximum sustainable employment.
    13-07-2022 more >>
  • Monthly Coffee Chat Group - May 2022
    Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held. The Plaza Cafe also has a play area for children so feel free to bring along your children.
    28-05-2022 more >>
  • OPES Partners- "Property Investment Strategies that still work in 2022"
    Ed McKnight and Andrew Nichol from OPES Partners who run The Property Academy Podcast are coming to talk about property investment strategies that still work in 2022. They will also talk about the Dunedin property market and what is going on around Otago.
    24-05-2022 more >>
  • Changes to Healthy Homes standards come into force 12 May
    Check these changes to see if you need to do extra work on your rental.
    12-05-2022 more >>
  • North End Meeting- Renting for 2023
    Come along and hear about the thoughts we have for renting student flats for 2023 as discussed with the OUSA residential representative. This will be an interactive evening with plenty of question time and brainstorming so this event will not be Zoomed.
    10-05-2022 more >>
  • Summary of the NZPIF plan to fix the rental crisis in NZ

    02-05-2022 more >>
  • Tenancy Services and REINZ host a Privacy Week Webinar 12 May
    You are invited to participate in this webinar - Navigating privacy changes in property management.
    19-04-2022 more >>
  • Inland Revenue Annual changes - Interest limitation and bright-line extension
    Zoom Registration: https://zoom.us/j/91575969657?pwd=NnZJY2VSUjdJTGRETU9FVFFkRzZRdz09  Come and hear from the IRD themselves about the changes that happened on 1/4/22 and what it means for investors. Summary of changes being talked about below From 1 April 2022, there will be changes to the bright-line property rule and the introduction of new interest limitation rules. These changes have been proposed by the Government and are expected to be passed by 31 March 2022. 3 main changes: Extending the bright-line test to 10 years – the changes have been enacted and apply to land acquired from 27 March 2021 Further changes to the bright-line rule including a 5-year bright-line period for new builds, the main home exclusion and some rollover relief (expected to be enacted in March 2022) Limiting interest deductions (once enacted the rules apply from 1 October 2021) The ability to claim interest on loans for residential property as an expense is being phased out. These new interest limitation rules are expected to be passed into law by 31 March 2022 and will be backdated to apply from 1 October 2021, as outlined by the Government in March 2021. For residential property acquired on or after 27 March 2021, interest will be denied as an expense from 1 October 2021, unless an exclusion or exemption applies. For property acquired before 27 March 2021, the ability to deduct interest on existing loans is being phased out over 4 years, ending 31 March 2025. Interest on any new loans drawn down on or after 27 March 2021 will not be deductible. Special rules will also apply for refinanced loans and for interest on revolving credit and overdraft facilities. Any interest on borrowings above the closing balance on 26 March 2021 will not be deductible. If you sell or dispose of a residential property and the sale is taxable under the bright-line property rule, you may add the amount of the interest previously denied to the cost of the property to reduce the taxable gain. If this results in a loss, the loss must be ring-fenced and can’t be used to offset income from other sources like salaries and wages. From 2022, the income tax return will include new fields to capture information about residential property interest expenses, including total interest and interest expense claims.
    12-04-2022 more >>
  • Facing Tenancy Tribunal Mediation
    Zoom in and hear Nichola Rowley talk about all things tenancy tribunal mediation and get your questions answered. Due to covid restrictions, we have decided to run this meeting online only so to attend please register using the zoom registration link here: https://zoom.us/meeting/register/tJYqce-hrTwoG9fGcTxe_dvSpYzERp_CKtNX
    15-03-2022 more >>
  • CANCELLED Monthly Coffee Chat Group - February 2022
    Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held. The Plaza Cafe also has a play area for children so feel free to bring along your children.
    26-02-2022 more >>
  • Dunedin Market Update Special
    The first meeting of the year and we are having a Dunedin market update special. We have four separate speakers coming to give us updates on the Dunedin residential market, Dunedin commercial market, healthy homes changes and updates to heating tool and then a mortgage market update. Due to what is happening with COVID we will require all members to be vaccinated and show their vaccination pass at the door of the meeting. If you dont want to or can't come in person then you can Zoom in too. IT IS NOW TO LATE TO REG FOR ZOOM
    15-02-2022 more >>
  • Understanding the effects of the changing market
    In December 2021 and January of this year, NZ Property Investors’ Federation, in association with the NZ Property Investor, surveyed members  throughout the country to understand how the changes in the housing market are affecting members.
    04-02-2022 more >>
  • Monthly Coffee Chat Group - November
    Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. President- Kathryn Seque is hosting and will have other OPIA executive members there as well so feel free to come along. You must register as if no one is registered to come it won't be held. The Plaza Cafe also has a play area for children so feel free to bring along your children.
    06-11-2021 more >>
  • OPIA Bus Tour (Postponed Date)
    This is the bus trip that was postponed from Feb 2021. If you have already registered and paid then you are all good to go, if you can't make this date now please let us know and we can sort a refund for you. At this stage, the event is full however if you wish to be placed to the waiting list people also let us know as we will most likely have a few places open up. The 2021 Annual OPIA Bus Tour Come along to the annual social and educational event to start off 2021. There will be several properties to have a look around Dunedin suburbs - with the trip concluding back at Zingari for the ever popular barbecue. Please wear easy to remove footwear.
    02-11-2021 more >>
  • Heather Black- Mortgage and Renos tips and tricks
    Watch this space
    19-10-2021 more >>
  • Shane Story- Stats, population and property

    05-10-2021 more >>

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