For many young New Zealanders, the path to homeownership seems straightforward - save for a deposit, buy your first home, and move in. But that traditional route doesn't always stack up financially in today's market. Rising property prices, interest rates, and the desire to live in lifestyle locations often make it difficult to get a foot on the property ladder. That's where rent-vesting comes in.
Rent-vesting is a strategy where you buy investment properties in affordable, high-performing areas while renting in a location that suits your lifestyle. It flips the traditional script, putting financial growth ahead of emotional buying - and for one savvy 27-year-old couple, it's proven to be a game-changer.
This couple focused on building a portfolio to generate income and long-term wealth. They signed up with Wolfe Property Coaching to take a strategic approach to investing. With expert guidance and a structured plan, they avoided common pitfalls and focused on achieving financial freedom through property.
In just 12 months, they had purchased not one but two cashflow-positive rental properties. These weren't just any properties. Each purchase was carefully selected for its potential to generate income and grow in value.
The couple leaned heavily on the BRRRR method - Buy, Renovate, Rent, Refinance, Repeat - to accelerate their progress. This strategy allowed them to extract equity from each deal and roll it into the next. Here's how they did it:
- Buy: They targeted properties in high-growth areas with strong rental demand.
- Renovate: They made smart, cost-effective upgrades to increase the value and appeal of the properties.
- Rent: Once renovated, they secured tenants to generate consistent rental income.
- Refinance: With the increased value, they could refinance and pull out equity.
- Repeat: They used that equity to fund their second purchase.
The result? Two investment properties, six-figure equity gains, and positive cash flow - all within a single year.
One of the key ingredients in their success was surrounding themselves with the right people. By working with a strong team, they gained access to trusted professionals - mortgage brokers, property managers, renovation experts, and more - who all contributed to bringing their vision to life.
The couple also avoided one of the biggest traps for first-time buyers: emotional buying. Instead of stretching to purchase a home in a desirable suburb for themselves, they prioritised returns. That decision gave them flexibility - they now rent in a location they love while their investments work in the background, paying down debt and generating income.
During a recent Wolfe Property webinar, the couple shared the full breakdown of their journey, including:
- The specific locations they invested in
- Renovation details and cost breakdowns
- How much equity they created
- How much income they're earning from the rentals
Their story is a great reminder that owning your own home doesn't have to be the first step on your property journey. Sometimes, taking a step back, assessing your long-term goals, and looking at what will move you forward financially.
- Watch the full webinar here
Book a complimentary 15-minute consultation with Ilse Wolfe. As a seasoned expert in real estate, Ilse brings knowledge and personalised strategies to help you confidently navigate the market. Whether you're buying, selling, or simply exploring your options, this free session is your gateway to invaluable insights and tailored advice.
