Some people look at landlords as Monopoly men, driving around in a Rolls Royces. But this landlord is never a flashy one!
• Peter Lewis, VP of the Auckland Property Investors Association & executive board of the NZ Property Investors Federation, shares his daily rounds, & how he got into property.
• His 3-bedroom properties were bought through borrowing & savings, & were improved into 4 bedrooms to get the cash flow.
• Being a landlord is like being at war: 90% enjoyable & 10% sheer slog, he says.
• When you deal with tenants, you’ve got to be patient. Work with them not against them.