Steve Goodey - Property Coach

18/09/2026

4 years ago, still true.

18/09/2026

What’s an engineering report worth?

17/09/2026

People want to be good to tenants so renting is cheaper.

So they are hard on landlords and push the expenses up.

So landlords sell rentals.

Less rentals means less supply to the rental market which means rents go up.

Which is bad for tenants.

Landlords wish to own more rentals which supplies more housing to the market.

What am I missing here?

17/09/2026

Wanna take a walk through my house with me?

https://www.trademe.co.nz/a/property/residential/sale/wellington/wellington/mount-victoria/listing/6136278904

17/09/2026

Sneak peak of this fabulous family home that I’m bring to market today.
Walk through video coming later today.

16/09/2026

Real estate is a user pays system. When costs go up for the owner, they get passed to the tenant. Or the owner exits and someone else takes it.

That's it. No magic middle ground where costs just disappear.

In hot markets, tenants pay. In soft markets, landlords absorb it or sell. But the money's gotta come from somewhere.

So when people lose their minds over rising rents, they're actually losing their minds over how user pays works. Fair enough. But don't shoot the messenger.

That's just math.

16/09/2026

You have been asked to fix one part of the property industry. What do you do?

16/09/2026

STRUCTURE ADVICE YOU'RE GETTING IS COSTING YOU

You've been told trusts don't provide advantages anymore. So you're ditching it, or not setting one up at all.

Problem: That advice is incomplete. Trusts work differently than they used to, sure. But "don't work" isn't the same as "no point."

Wrong structure decision at the start costs you thousands annually to unwind. The free consultation at GRA exists because most property investors are flying blind on this one.

Your structure should fit what you're actually trying to do: tax efficiency, asset protection, estate planning, debt strategy. Not what worked five years ago. Not what your neighbour did.

Need help with Legal Entities & more? I recommend GRA.

16/09/2026

Labour’s capital gains tax doesn’t just tax gains it taxes the increase in value.

So it taxes you for inflation too.

It will strip capital from investors that they would use to reinvest back into repairs, maintenance and growing the pool of let-able properties.

The biggest question for me is when will it end? I mean how much more tax do they actually need?