Invest

At Horncastle we have been managing our customers’ investment properties for over 15 years. This has given us valuable insight into how to maximize returns for our customers.

Our familiarity with the market means we can strategically determine the ideal rent price point for your property. This is set to provide you with maximum return, while attracting and retaining high-quality tenants. For this reason, our occupancy rates are exceptionally high.

In our experience, well-maintained homes that are taken care of attract better tenants, so your investment stays in good condition. That’s why we have a home maintenance team who will complete any required repairs to the highest standard of workmanship.

Our detailed approach to everything from selecting the right tenants to effectively handling rent arrears means our customers have real peace of mind knowing their investment is in good hands. We will handle any issues as soon as they arise, preventing any major problems from developing.

Most of us have increased our personal wealth through owning our own home. Over time you build equity in your own home, which can be used to leverage funds towards the deposit for an investment. By doing so, you are making use of your equity. Otherwise your equity is sitting idle at a zero income.

Most Horncastle property investors are only topping up the weekly shortfall on an investment home by $100 per week. Is it better to place that $100 per week into a savings account or put it towards an investment home? If you believe that the New Zealand residential property market is increasing in value over time then putting the money towards property may be a better option.

• Do I need a cash deposit?
  A cash deposit is not always necessary as most often you can use equity/value in your own home or another property you own. If you don’t have a cash deposit or equity, in some cases family/friends can guarantee a portion of their equity towards your investment property.
• Can I afford an investment property?
  There have been some banking changes that have affected property investors and deposit amounts, so it is certainly prudent to discuss your individual circumstances with the bank. A typical investor with us would have an income over $70,000, or a joint income over $80,000. There may be some equity in a current house and a cash surplus after living costs and personal debt is serviced. This cash surplus may currently be going into a savings account.
• With guaranteed rent offers, is the price of the property inflated?
  Certainly not. The purchase price of our homes are the same whether it is purchased as a home for you to live in, or as in investment property. We offer rent guarantees to introduce people to Horncastle Property Management and our hope is that when the rent guarantee period comes to an end you will continue to use our property management service.
• Why should I purchase a new home as an investment?
  The real gains in investment property are in capital appreciation, which requires a medium-long term investment strategy. A brand new investment property is fantastic for long-term peace of mind because:
  There is very little maintenance required due to our 10 year Masterbuild Guarantee.
  At the end of tenancy cycles there is no debate about the house condition.
  New homes attract a better quality tenant at higher weekly rent.
  Resale values are higher.