Nowadays most rental properties are under 3rd party management i.e. landlords use property management firms and while this has allowed for greater objectivity i.e. landlords focus on the business of investing it also distances landlords from their clients; i.e. the tenants, and this can result in misunderstandings and important information getting lost in translation. Landlords […]
Ask any property investor what they’re focus is right now and you’ll probably get a reply along the lines of: “cashflow and profitability”. Many might say ‘no change there’ but there has been shift in investment strategy for many landlords. Once upon a time not that long ago, purchasing negative equity properties was a purposeful […]
The question being asked in the discussion forums of PropertyTalk.com right now is – “In 2018 will Landlords flee the market in droves due to rules and regulations changes like the Healthy Homes Guarantee Bill and Labour’s desire to end tax breaks for Landlords and Property Investors or will the y be resolute and hang […]
December has arrived and while this article has a serious side, for a bit of fun we’ve included a couple of links we believe you’ll enjoy. Landlords are nervous and some are wondering about the future of property investment in New Zealand and if it’s right for them in 2018. There’s definite cause for their […]
New Zealand has a new Labour led coalition government and property investors are worried. In PropertyTalk’s investor discussion forums a well known user (an Accountant nonetheless), has started a thread suggesting investors have cause to be concerned about what this Government will do not only in their first term, but how it will challenge the […]
Globally, New Zealand has the highest rate of Methamphetamine use per head of population. Due to this reality, meth testing services are popular throughout the country. As a landlord you must be knowledgeable of meth testing protocol and tenant rights – or risk being stung with a sizeable bill! Meth testing is imperative between tenancies […]
Renters United, a tenancy advocacy party based in Wellington sparked a new discussion on PropertyTalk recently; namely their recent pre-election initiative asking all political parties to respond to questions on their housing policy. The answers were then published in traffic light summaries with links to each party’s full response on the website. It was a […]
The housing crisis continues in New Zealand and attitudes on smaller abodes are evolving. Now there’s a new style of ‘apartment’ called a “micro-flat” and it’s all the rage in the UK and Europe. What are micro-flats and will they also be the housing of the future in our more populated cities like Auckland?
Landlords with rental property in Auckland have shown their restraint over the past couple years according to Trade Me’s Rent Price Index. This is big news but don’t expect it to be broadcasted in mainstream media any time soon. Bad news not only travels fast, it also gets more reads, clicks and comments so why pay a Journalist to write a feel good story for our Landlords? Therefore you’re probably hearing this news from us first! Most landlords are not greedy and they’re not hiking up rents.
The countdown is on for landlords and their rental properties compliance with the Residential Tenancies Amendment Act 2016. Insulation is compulsory in all rental properties by 1 July 2019. Landlords have been working closely with their property managers over the past couple of year stating the condition of insulation in their properties on every new tenancy agreement and properties that are under-insulated will need a top up within the next couple of years.
Compliance with the Residential Tenancies (Smoke Alarms and Insulation) Regulations 2016 required Landlords declare the state of the insulation in their rental properties and now the countdown is on to make sure their properties comply with the new insulation requirements by July 2019.
Investing in residential property in New Zealand can be a big winner and there’s less to worry about than you might believe especially when you focus on the right requirements to firstly get the property and then how to manage it so it’s adding value i.e. equity and cashflow as a rental property.