Tag Archives | landlords

auckland

Median Rent Increase Sub 4% 2 Years In A Row

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.

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Posted in Property Investment comments
insulation

Property Managers Help Manage Landlords Insulation Compliance

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.

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Posted in Property Investment comments
apartment

Auction Site For Renters

New Zealand will soon see the rise of a new auction site for renters. Just in on stuff.co.nz Rentberry has confirmed they will be launching here and in Australia. The online service offers renters the opportunity to bid for rental properties. Landlords set the ‘reserve’ or rent level they hope will generate lots of prospective tenants interest and then the bidding war takes off.

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Posted in Tenants comments

Tenants Let Off With 4.8% Increase

Weekly rents rose just 4.8 percent in the twelve months to July 2016 according to Trade Me Rent Price Index. Tenants will be relieved Landlords are being realistic and not keen on hiking rents arbitrarily. Property sales have slowed and the average asking price has dropped significantly up ten percent since July 2015.

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Posted in Tenants comments

Greedy Landlords – Where?

In the media a couple of reliable sources confirm rent increases have not risen alot over the last twelve months – so where are the greedy Landlords? Property sales and prices continue to forge ahead with gusto while rents remain static thus widening the gap between sales and rents according to the latest Trade Me Property Rental Index.

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Posted in property management comments

Drug Transcends All Homes

Landlords may soon be required to test for Meth use in their rental properties in-between tenancies as part of the new Health and Safety at Work Act 2015. The reported rise in P-contaminated houses is somewhat alarming insofar as the clean up costs are in the tens of thousands, plus residing in a meth contaminated environment can have negative health implications.

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Posted in property management comments

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