Andrew

What was the question?

If you're buying your first property as a rental.

Oh yeah, I did.

I did just my own name.

Generally speaking, there's not much benefit to buying in a trust or a company other than it might offer another layer of protection if you're self-employed.

But generally speaking, most people would buy in their own name at the start.

If you put it in a trust, you might think it's protected like relationship property.

You probably actually need to have a relationship property agreement or a contracting out agreement over and above that.

Talk to a lawyer and accountant about that.

And if you're working with us, we can help you with those introductions.

But generally speaking, just your own name.

Oliver said, how does the spreadsheet compare to Opus Plus?

They kind of measure two different things at the moment.

You do that.

While you're doing that, I'm going to answer the question around overvalued, undervalued as best I can.

So what we do is we take what –

New Zealand's median house prices, and we look at how a region is, or town or city, is valued compared to its long-term average against the New Zealand's median house price.

So, for example, let's say Auckland is, or a long-term average is 10% above New Zealand's median house price.

Then we might expect, okay, New Zealand's median house price might be

900,000, we add 10% to that, 990.