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  • NZ Property Investor

    TIPS ON BUILDING A PASSIVE INCOME OVER FIVE YEARS

    Mar 03, 2022 3 minutes

    THE SITUATION

    Carina walked into my office early this year. She’s a successful businesswoman in her late 30s. Currently, she owns two properties – her own home and an investment property on Waiheke Island.

    She bought the Waiheke property 10 years ago for $1.2 million, which is now worth $2.2 million. This property earns $45,000 in rent per year and has a mortgage of $850,000.

    On top of this she’s saved a significant amount of money.

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