No benefits for renters in the 2023 Budget

The 2023 Budget has done nothing to ease the pressure on tenants as their property owners struggle with rising costs, forcing them to increase rents in order to stay financially viable.
31-05-2023 more >>

Monthly Coffee Chat Group - May 2023

Come along to our monthly coffee club. You can pop along have a coffee or some lunch and chat with like-minded investors. Exc members Micheal and Ross are 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.
27-05-2023 more >>

The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.

The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment.
24-05-2023 more >>

Ilse Wolfe- Founder of Opes Accelerate

Ilse Wolfe, Founder of Opes Accelerate, is a full-time property investment coach and investor of 15 years. She built her $19m portfolio using an exclusively renovations-focused approach. She learned the hard way the cost of leaning too far into capital growth, and now preaches a balance with cashflow. Ilse is helping investors build their own wealth and passive income using the strategies and lessons she learned along the way. Ilse’s clients produce 8%+ gross yield rentals (10%+ for multi-income properties) using her Cashflow Hacking principles. Following over 100 renovations, Ilse has a method to help investors swing the favour back towards the benefits of existing build rentals. Profile here https://www.opespartners.co.nz/team/ilse-wolfe
23-05-2023 more >>

Budget 2023 continues the Government’s commitment to tackle the housing shortage

Budget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events.
19-05-2023 more >>

Killing off the Golden Goose by NZPIF President Sue Harrison

As the value of properties throughout the country are falling dramatically we have survey results that prove the structural damage being done to the rental marketplace.  The marketplace relies very heavily on private ownership of around 85% or rental homes.  Owning rental homes is a business with a range of expenses beyond the mortgage involved, so there needs to be some rewards as part of the risks of the investment involved.
14-05-2023 more >>

North End Meeting

We have a couple of speakers followed by a general informal open discussion to talk about issues, problems and questions you may have about the North End. Speakers will be: Proctor (Dave Scott) – trends he’s seeing, general update of how things are going from his perspective. Lane Sievwright – update on market conditions, investor sentiment, his opinions of where things are at and where we’re heading in future. Please note: This is NOT our usual full member's meeting. It is specifically tailored for current landlords, managers, owners in the general ‘North End’ university investment area, or anyone else interested in learning about this unique market. Come along and meet others, share your ideas and frustrations, ask questions, learn from others…
09-05-2023 more >>