Stephen Knight

So that's the reason why we talk about the difference between yield properties and growth properties, because there does tend to be a difference.

And now we've gone through the pros and cons, I really want to look at an example to see what the returns look like.

Because I know that you recently ran some numbers for an investor who was looking at a property in Queenstown.

What did you find?

Now, that might be appropriate for this specific investor if they're a bit younger, they're planning on making more money out of the house price going up as opposed to the rental yield right now.

But if this person was, say, 65 or 60 to 65, transitioning

into making their golden goose, the golden goose strategy we often talk about on the show where you're living off the rental income for your properties, then that's probably the appropriate stage where you'd look at something like this.

I suppose the key message here is that a property might be a good property, but is it going to be the right fit?

fit or is it going to suit what you're trying to do right now?

I suppose in this case, the answer might be no.

But if we think about who these sorts of properties typically are the right fit for, what would you say?

The other thing I just mentioned about that specific property you went through, although the gross yield is higher than a standard rental, you know, it's sitting at about 5.6, 5.7%, that's still on the low side for a multi-income property.

And that's, again, where you just want to be critical about what are you actually buying and what do the numbers look like.

And if you are weighing up what sort of property might suit your portfolio, you might like to book a free session with one of our financial advisors.

We'll run the numbers on your situation, look at your goals and timeline, and try and figure out what is going to work for you.

We'll drop a link down in the description if you're keen to book that.

And over the last 15 minutes, you've learned the properties that tend to have the highest yields, multi-income properties, the pros and cons revealed, and the five different types of multi-income properties.

Right, let's wrap it up there.

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