NZ Property Investment (2024): A Step-by-Step Guide
Why investors like ‘buy and hold’ property investment
There are three reasons investors tend to like the ‘Buy and Hold’ strategy:
1. It Is The Least Time Consuming
‘Buy and Hold’ investing can be a ‘hands-off’ strategy.
If you decide to focus on properties that can be rented straight away, like New-Builds, then you can begin your property investment journey without picking up a paint brush.
Even if you decide to go down the renovations pathway, once your property is renovated, it still becomes a set-and-forget approach.
With ‘Buy and Hold’ you continue to make money for as long as you own that property. But when you flip properties, you don’t own them for very long so you need to continue buying, renovating and…