Case study: 8.2% GY with Room to Develop
Learn about a deal that one of our agents liked so much that he bought it himself when client opted out. High yield, good area, and room to build. Read More…
Property Investment Specialist Christchurch
Licensed Salesperson - REAA 2008
dave.luhrs@ifindproperty.co.nz
021 153 0843
Dave Luhrs.
Dave’s interest in property was established at a young age while watching his parents improve a handful of owner-occupied Christchurch properties while growing up. Following high school, seeking travel and a little bit of adventure, he moved to Auckland to join the Navy as a Warfare Officer.
Motivated to get ahead financially, Dave took an early interest in personal finance. This established good habits around budgeting, saving, and investing, despite the desire to spend while enjoying travel around NZ, Australia, South East Asia, and Europe with the Navy.
Making use of his holidays, Dave purchased and renovated his first rental property at 23. Taking a value add, buy and hold strategy, he was able to make further purchases every year or two. His investment philosophy has been to buy well, make targeted improvements to increase cash flow and equity, then leverage for the next purchase. This has enabled him to develop his property finding, negotiating, renovation, and project management skills to the point where a passionate hobby has turned into a profession in itself.
Having lived in both Christchurch and Auckland, Dave invests in both markets, as well as Wellington. Dave recently joined the "great southern migration" with a family move back to Christchurch and a return to his home market. With strong net migration and growth, Dave is seeing excellent opportunities in the market.
When not working or active in property, Dave enjoys time with his family, at the gym, or the occasional participation award at a multi-sport event.
Articles by Dave