Selling Old Properties To Buy New Builds – Is It a Good or Bad Idea? ⎜ Ep. 1188

In this episode, we discuss whether it is a good idea for property investors to sell their existing properties to buy new builds. This comes after the government introduced new taxes that mean that investors holding existing properties will be significantly more to the IRD. We talk through when this is a good or bad idea, and also the three checks you need to go through before selling. 

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The Property Academy Podcast is a daily show that gives you insight, analysis and strategies for how to get the most out of the NZ property market. That's whether you're an existing or aspiring property investor, you want to get into your first home, or you're just interested in the property market. Andrew Nicol and Ed McKnight host the podcast. Andrew is the Managing Partner of Opes Partners and a prolific investor himself. Ed is an economist. https://www.opespartners.co.nz/investment/property-investment Legal Stuff: https://www.opespartners.co.nz/disclaimer-youtube-podcast-webinar