Blog > Covid 19 Resources

Nick, Peter and Suzanne hopped on a Webinar to discuss recent happenings with property and Covid-19 as the country prepares to exit level 4. We then dove into the Wellington market and look forward to see what life holds for the capital.

During a crisis the book as I see it is hold onto your assets and acquire more as you can, while sticking to rues and maintaining some flexibility. As a property investor it is about access to cash in the immediate term to handle a painful vacancy or job loss, while med/long term good cashflow is critical.

A summary of the rule changes that have arisen in response to Covid-19 and resources being made available to investors and borrowers. 

On April 6 I spoke with other experienced investors about their reaction to the unfolding Covid-19 crisis. The speakers on this call have invested through past downturns and offer invaluable experience. 

The recent escalation of COVID-19 is having a profound effect on the tourism industry in Rotorua as well as around the country. The increasingly imminent shutdown of most hospitality businesses in New Zealand means will be the loss of many hundreds of thousands of jobs in the short term.

I’m sure there will be two groups of investors out there; one will be excited the other terrified and worried.

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