Property Blogs

he latest rental statistics released from the Department of Building and Housing confirm that median rental prices have continued to rise in most areas of Auckland. Allen Realty property managers have experienced record low vacancies, currently sitting at 99% occupancy rates

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The recent amendment to the Residential Tenancy Act (RTA) has a significant change which will affect property owners who have a tenanted property in NZ, and who are intending to travel out of the country for more than 21 consecutive days.

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I stumbled on the ‘Apartment Dwellers’ section of the 2006 Census yesterday. It’s actually very interesting! It also makes you wonder how much longer we’ll be doing this only every 10 years… If its online, couldn’t we do it more often? SO much can change in 10 years it seems the data is only useful for a few years. If it helps people and businesses make smarter choices then lets do it!

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Unlike most businesses, landlords only have one customer, and that is their tenant. Landlords don’t have the luxury of getting it wrong. If you get it wrong, you are left with limited options:

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There is no question that smoke alarms are a key warning device in reducing deaths caused by fires in the home.

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When your property is ready for its final touches then installing window coverings will often be the final task prior to marketing for new tenants.

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There are several important points with rent collection to help landlords to minimise the likelihood of arrears occurring, and the amount of arrears potentially incurred.

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At some stage in your life, be it short term or long term, you will probably end up renting a home to live in. This will probably be done through a property manager or private landlord.

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There is much anticipation and debate for many Auckland property owners about renting out furnished properties during the Rugby World Cup 2011.

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Do you know what you are required to do if a tenant gets up and does a runner and leaves there belongings at the property?

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The question that all landlords must think about is how best to attract tenants. New Zealand is predominantly a renting nation and competition is strong between landlords to secure the best possible tenants.

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Part of being a landlord is preparing in advance for issues such as planned maintenance and vacancies.

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Part of property ownership is the effective control of rent arrears. Many landlords take a soft approach to rent arrears and often emotion or a lack of knowledge of what to do results in unnecessary losses. We all know that unless arrears are actioned promptly that bonds will never cover all costs so the proactive [...]

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Fair wear and & tear is the gradual deterioration of aspects of a property which has resulted NATURALLY or from AGE. Allen Realty property managers inspect all properties periodically and then at the expiry of a tenancy to identify fair wear and tear and/or damage.

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At this time of the year we often get young couples from the Northern Hemisphere coming to town for our summer. I generally find they are great tenants who pay well and put up with some primitive flats from time to time.

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I have recently had two different tenancies where the tenant was on home detention and got into rent arrears.

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