By Rachel Barnes & Geoff Doidge

Here is a book that focuses on the nuts and bolts of being a property investor and landlord.  Some people view property investors as people who buy a property, rent it negatively geared to obtain generous tax benefits and then sell for a nice tax free capital gain.

After reading this those people would realise there is a lot more to it than that. The mechanics of buying the right property to attract great tenants, managing your tenancy to keep those tenants happy and creating value so your property keeps appreciating, is a lot more complex.

Whether you manage your investment property yourself or employ a property manager there is a huge amount you need to know and familiarise with to ensure your investment achieves the goals you want.

For "addicted" property investors, increasing capital value is not so much to sell for a quick profit but so you can revalue your properties, giving more equity to borrow more money and buy more properties - which then have to be managed!

This book is a practical hands on guide that explains everything you need to know about managing an investment property. It does not go in to detailed financial analysis - in fact the word "yield" does not even appear in the glossary. It will help you maximise returns however - through good management.

With over 130 properties between them the authors share their wealth of experience that will help other budding investors avoid the many pitfalls that await those who go into property investing without the knowledge they need. It also has many sample forms, checklists and spreadsheets in the appendices as well as an email address to receive another $300 worth of material at the end.

The book covers the rules and regulations in both New Zealand and different states of Australia which is useful as many Kiwis invest in Australia and vice versa.

About the Authors:

 Rachel Barnes is one of the lead authors from the best-selling title, Property is a Girl's Best Friend and Geoff Doidge from the Reno Kings.

Published: Jul 10