Tag Archive | "property management"

Rental Market Report June 2011

Rental Market Report June 2011

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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Renovate before Selling? Yes or No?

Renovate before Selling? Yes or No?

If you own a property and thinking of selling, you might be wondering whether to invest any money in renovating – or just to sell it as is. This is an extremely common dilemma – and one that I am talking to people about just about every day.

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Property managers being ripped off by the building industry

Property managers being ripped off by the building industry

I have spoken with a lot of property managers who are being ripped off and mucked around by the building industry. They are told by tradespeople “no, you don’t need a building consent to do this work”, only to find out later that they did. Or.. they were told to upgrade their building unnecessarily.

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Owners Going Abroad

Owners Going Abroad

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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Property Management Tip #4 – Charging Market Rents

Property Management Tip #4 – Charging Market Rents

So how do you ascertain what is an accurate market rent four your property? Below are a couple of great sources of information to use to determine market rent which are easily accessible and free:

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What the last census tells us about apartment dwellers…

What the last census tells us about apartment dwellers…

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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Wallpaper or Paint

Wallpaper or Paint

Do you use Wallpaper or Paint when renovate your home for investment or sale. There are two trains of thought some believe that Wallpaper looks better and some believe that painting is better and more practical.

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Being an Ethical Landlord

Being an Ethical Landlord

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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Rent or Buy?

Rent or Buy?

Property prices have fallen significantly over the last two years making houses much more affordable than they have been for some time. Despite this, buyers are still in short supply.

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Posted in FinanceComments (1)

Smoke Alarms in Rental Properties

Smoke Alarms in Rental Properties

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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Posted in TenantsComments (1)

Window Coverings in Rental Properties – Nets, Curtains or Blinds?

Window Coverings in Rental Properties – Nets, Curtains or Blinds?

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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Property Management Tip – Rent Collection and Arrears Management

Property Management Tip – Rent Collection and Arrears Management

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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Abandoned Goods

Abandoned Goods

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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Marketing Your Rental – Best Bang for Bucks

Marketing Your Rental – Best Bang for Bucks

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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Give Your Home a Hug this Valentine’s Day

Give Your Home a Hug this Valentine’s Day

Valentine’s Day is usually spent taking a romantic vacation with your significant other or spending tons of money creating the perfect day. Like many you can end up spending hundreds of dollars for one day.

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Tourists Can Be Pesky Tenants

Tourists Can Be Pesky Tenants

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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