Auckland Property Investors Assn
Hi QuickPick,
Sorry for the delay in reply, been busy with a few projects!
Noting your concerns about Auckland Property Investors Assn (APIA) cost of membership... I guess it depends on what value you gain over time (being a member of APIA) relative to your planned future residential (and possibly commercial) investing.
Membership fees go to general running of the Assn's member activities, with $57 capitation to the NZ Property Investors Federation.
Like most I started out with one residential and managed myself, wasn't until I joined the local Property Investors Assn I began understanding this particular business sector I was in. My focus changed as I appreciated the risks.
Being a member introduced me to a number of contacts, who I assessed over time, observed what they were doing and refined my approach.
I quickly learnt there are many property managers out there, some better than others, some you don't want minding your business! Choosing the right manager with proven experience is invaluable.
I believe my membership cost (which is deductible as a business expense) has enhanced the quality of my residential and commercial property returns. In my experience it's a good place to "sort out the wheat from the chaff".
Many people are accidental residential property investors, perhaps through inheritance or shifting for work and not being prepared to take the sale price offered etc. The ride can be a bumpy experience and you can soon find the horror stories on line. Owning residential property (even just one) and renting is a business and like all business's there are risks to manage to get a good outcome.
I'll private message you an APIA contact phone number for you to talk more about the issues you have and the benefits membership might bring.:)