Salesh Chand Blog

Salesh Chand

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With new tax rules for residential rental properties and stricter regulations for the banks, the market is a different beast for property investors to deal with compared to what it was 6-12 months ago. Here are my observations:Credit is tight. The banks have new rules that..

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As many investors will already know, banks have been steadily tightening their lending criteria, making it more challenging to borrow. And soon, when the new capital requirement rules for banks come into effect next year, this is only going to get harder.  Capital requirements for..

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Banks have recently tightened their criteria and changed their serviceability rules so much, that it has become much harder for investors to get finance. And for large investors, it is almost impossible. The RBNZ has told banks that they must adopt ‘sensible lending’ practices, which..

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Money supply for property investment

by Salesh Chand 25 Feb 17

The money supply for property investing is getting tighter. It is becoming harder to obtain finance because policy is changing in an effort to protect New Zealand’s banking system. So now is a good time to think about where your money supply comes from and..

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Testimonials
Hi Matthew, my name is Mark Soster and I would just like to congratulate you on your wonderful book Property 101. A few weeks ago I had a "financial awakening" and began devouring all the books I could find on the subject, however I keep coming back to yours. After 3 reissues from the library I think it easier now just to buy it. Wonderfully simple yet complex enough to require multiple reads and note taking. It has taken a lot of the fear away with regards to property investment but also tempered me with caution. Without it I would probably have stupidly invested anywhere but Auckland, telling myself it’s too expensive, I now appreciate why would you invest anywhere else? The numbers never lie, in a 20 year plan then Auckland is King for capital gain. As a fan of maths (the only perfect thing on earth?) I can see how each opportunity can be ruthlessly examined on a purely financial level. Anyway, thanks again, I will definitely be contacting your company with regards to coaching and expertise. - Mark Soster - October 2017
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