Everand Logo

Welcome to Everand!

  • NZ Property Investor

    FROM RAGS TO RICHES

    Oct 28, 2020 6 minutes
    Photography by Ed Janwattana.

    Building a better life and, maybe, making a fortune along the way. That’s been the prime motivator for migrants daring to make the move to countries like New Zealand for centuries.

    But when Lucia Xiao first came to New Zealand her goal was to improve her English language skills to boost her career opportunities back in China. She didn’t plan to stay long term and property investment had never crossed her mind.

    Life has a habit of getting in the way of other plans though. Not long after arriving, Lucia met her husband-to-be, Daniel. Just starting out, the young couple soon found themselves with a new baby and living on a single income in a one-bedroom house in Papatoetoe.

    Times were tough and Lucia wanted a better life. So she decided to do something about it and while working to improve her lot, she realised the power of property as a tool to help. It took a few years but Lucia now has a cashflow positive property portfolio worth

    You’re reading a preview, subscribe to read more.

    More from NZ Property Investor

    NZ Property Investor2 min read
    Do The Numbers
    For investors buying a new property, it's always a good idea to conduct a “cashflow forecast”, which will give an idea of how the property will perform over the long term. When running these forecasts, ask: “How much do I think the rent will increase
    NZ Property Investor3 min read
    Time For A Kitchen Revamp
    Eeryone echoes the sentiment because it holds true: kitchens truly are the heart of any home. It's a common sight at gatherings to find guests gravitating towards the kitchen bench, making it the hub of social interaction. The kitchen plays a pivotal
    NZ Property Investor2 min read
    Corelogic North Shore Kelvin Davidson, Chief Property Economist
    Rental data is sourced from the Ministry of Business, Innovation and Employment based on rental bonds lodged. This data is supplied grouped into geographic areas based on statistical area units used by Statistics NZ for the census and as a result do

    Related Books & Audiobooks