"Property queen" Nikki Connors. Photo: Supplied

Paying it forward with Propellor Property

After a series of ‘fabulous failures’, property investment was Nikki Connors’ saving grace. Now she’s made it her duty to help others achieve the financial security she enjoys.

New Zealand property queen Nikki Connors knows the investment property market. She’s been around for longer than most, and has guided clients through multiple property cycles.

“Property is, and will remain, the best long-term investment option for most of us,” says Connors, principal of Propellor Property Investments. “I know how to manage the bad as well as the good times in property investment. I have spent many years studying my subject, and for the last 20 years I have been very successful in the buying and selling of investment property. For the last 10 years, I have also been advising and guiding my investor clients.”

Last year she copped flak for her predictions about the property market, but she was right — about interest rates softening, about large-scale property developments being cancelled due to lack of funding, and about the government falling further behind in the building of affordable housing. The reality of these predictions is that property investors can enjoy better returns and reduced vacancies due to the high demand, which also means they have a very attractive solution for paying off the family home — both subjects of Connors’ seminars.

A self-described ‘fabulous failure’, Connors believes that property investment has been the key to her salvation. Now once again financially independent, she wants to ‘pay it forward’ and has made it her mission to help others enjoy a better life — both now and in retirement — through investing in property. There’s no bubble in the New Zealand property market, she says. It’s a solid long-term investment that most people will benefit from, so Connors offers forums teaching ‘mum and dad investors’ how to get into the investment game.

“I attended Nikki’s seminar, and it opened our eyes and made us financially literate,” says one happy customer.

“We already owned our own home and one rental, but needed advice on how to better manage our properties and how to invest in more property. “It has been two months since I attended the Propellor Property Investments NZ seminar and we have achieved so much since then.

“We have been referred to an amazing group of professionals who have supported and guided us to make some very beneficial decisions. We have purchased another rental investment — and structured our own finances and mortgages to now have an extra $1600 a month in our hands.”

For those who still have a mortgage on their own homes and who have no concrete plans for a better retirement income than the pension, Connors says these seminars should be compulsory. “The right investment property can help pay off your mortgage and give a supplementary income.”

With the proposal of government land being made available with deferred payment, it’s more attractive than ever for developers to get stuck into building affordable apartments, units and houses to meet the chronic need we have today, Connors says.

“I passionately believe that there should be midsized New Zealand developers building on smaller parcels of land, so this housing can be integrated into each community. We need a mixture of housing to suit the criteria of the individuals or families who need it; to fund this in a timely manner, the government needs mum and dad investors to finance these properties. The income from the rental and the capital growth can contribute significantly to their retirement (without relying on the state for support) so they can live comfortably in their later years.”

You can find out more about Propellor Property Investment by visiting their website.

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