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  • NZ Property Investor

    RENOVATION RISK

    Oct 31, 2019 2 minutes
    ANDREW NICOL

    Property investment tends to have two schools of thought – buy new properties and hold, or buy older properties and renovate.

    While renovation is a popular strategy – it’s not the right strategy for all (and I would argue, many) Kiwis.

    That’s for two reasons: 1) renovating is more cash-intensive, equity-intensive, time-intensive, knowledge-intensive and stressful than buying new. This means that some Kiwis will

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