Tag Archives | Pedersens Property Management

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Want To Manage Your Own Rental Property?

Firing your property manager is a Landlord’s right and many do it without a second thought. Landlords have the power to do it and for some there’s joy of taking the action with a sense of accomplishment i.e. increasing in cashflow by getting rid of the property management fee. However as we know good times don’t last and this is when property managers come into their own and landlords using them breathe a sigh of relief.

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Tenant Fined Sets Precedent

Tenants need to know they are now on notice regarding smoke alarms. The Tenancy Tribunal fined a Hamilton tenant for tampering with smoke alarms this month setting a new case-law precedent for future cases. Landlords and property managers have taken notice of this outcome and it can be said the Residential Tenancy Amendments Act 2016 (RTAA) effective 1 July 2016 is now very much part of Tenancy Tribunal legislation ‘tool-kit’.

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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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Homeowner To Property Investor

Homeowners could become property investors as a result of Auckland Council’s easing of density limits in selected areas of Auckland. Glenfield on the North Shore is earmarked as an area suitable for the new density limit with homes able to occupy as little as 200 sq metres. Under this new limit a homeowner in Glenfield with say an 800 square metre section could remove their home and build four townhouses before they could build just two.

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