How can you maximise your rental income and reduce your asset risk?

Many couples want to build a retirement fund for themselves or create passive income streams.  Maybe both.  And many Kiwis choose residential property investment as their preferred route to financial growth.

People understand housing and the need for rental properties so feel comfortable with it compared to other more confusing investment forms such as shares, options or even commercial property. 

But there are still many risks to your wealth if you don’t think ahead about the bigger picture.

• How do the changes to the Unit Titles Act affect your investment plan?
• What does the Resource Management Act mean to your investing ambitions?
• What is the impact of your ownership structure?

Property investment is a highly complex and evolving area that many investors are attracted to.  Many fail to realise the gains they hoped.  Sometimes that is simply because they didn’t talk to the right property lawyers.

Can you afford to listen to well-meaning amateurs?
There is a lot of “informed” amateur advice freely available when it comes to residential property investment and unfortunately, many people new to residential property investing get stuck by following this type of advice. 

They commit themselves to costly deals and end up with problem contracts or paying too much because they didn’t seek professional legal advice before they signed any documents.

There are many options and you probably don’t know all of the ramifications of each without seeking legal advice.  Each investor’s situation is different and what suits one person doesn’t suit another.  Add to that the constant changes to the rules.

Property conveyancing solicitor
The property conveyancers in our team have worked on many different types of property investments for clients like you.  They can explain and help you through this exciting process on your way to building your own financial goals and ambitions.

Residential property investment can be risky but it can be very rewarding, especially if you take the right legal advice through-out.

Call (09) 375 2770 for an appointment to discuss your residential property investment law matters.

"Debra Dorrington is an expert, operating an efficient firm covering property conveyancing through to commercial lease work and more complex business transactions.  I am entirely comfortable recommending AlexanderDorrington to my clients."

Richard Baker, Mortgage Broker with New Zealand Mortgage Finance (September 2010)