Set goals: Have a defined reason for indulging in the business. Examples of these goals may include; for cash flow, retirement plan, etc. It will help you to stay focused throughout the investment period.
Choose a location: choose an area with sufficient capital growth; that way you will be assured of capital gain over the years to come.
Make sure the apartment is in the area where there is a lot of demand for rentals i.e Auckland city. The location is key apartment Investment Requirements in NZ
Have an exit strategy ready: Most people invest in property without thinking the process through to the end. These may include; holding long-term for capital gain, refinancing for lower rates or cash out, renovating for profit, etc
Analyse the numbers: Property investment is a numbers game, ensure that the property gives you positive cash flow. Expenses must not exceed the income.