Whilst sorting through some boxes this weekend, I came across the paper title documents to the very first investment property I bought in New Zealand.
These old documents intrigue me, and on closer inspection, I discovered that I first became a property owner on 10th April 1997 – twenty years ago.
How things change in twenty years. I was working in Zurich and bought this house in Cambridge before even considering buying a home to live in. Nowadays, we read newspaper articles about Bright Young Things who buy investment property and continue to rent a home, but it isn’t a new thing. It was a smart decision even then. I still have that investment property – it has been very well-tenanted over the last twenty years, a popular family home in an increasing popular small NZ town. The current tenants have lived there for 4 years and show no desire to move on.
It didn’t take long for me to decide that I should buy a second investment property in Cambridge, and after that my wife and I entered the world of property renovation in the UK. I distinctly remember a conversation on a plane when we looked at the number of houses required and the money needed to be able to make investment property a career rather than a hobby. Following our move back to NZ, that was what we set out to do and it has worked out very well for us.
The goal for Assured Property Investments is to provide property specifically designed for investors to purchase and tenants to live in. Warm, comfortable, easy-maintenance houses in popular areas, we have different styles of properties for different types of tenants and investors – from family homes, to home and income properties with two rental streams, to studio townhouses with four rental streams.
John Kenel, Assured