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.
Tag Archives | propertytalk
The LVR restrictions have stopped many property investors in their tracks. However some investors have been using a strategy called The Property Staircase and getting amazing results. Property investment education has been on the rise since October 2016 and with demand comes supply. New property experts have popped onto the education scene offering seminar and mentoring services.
With ever-increasing costs, Landlords often wonder if they’re doing the right thing using a Property Manager, and it’s a topic that’s discussed a lot on PropertyTalk. Why pay for the service when they could do it and save hundreds of dollars every year per property? Well one reason to not do it yourself is all the rules and legislation. The use of property management firms is increasing due to the complexity of owning rental properties today.
It’s Christmas and time for a property investment feel good story! NZHerald have a property investor story online today. It’s about a young Aussie couple who have invested their way to A$10 million in just six years. Reading between the lines you can identify the couple’s traits used to walk their own path rather than follow the crowd. It’s therefore a must read for young people needing confidence to start their adult life on their own terms.
Property Investors have had a lot on their minds recently and now many of them have jitters of a different kind. Mother nature in all her fury.
It’s been a full on year for property investors. First challenge was the introduction of LVR restrictions and the Government’s two year capital gains rule.
Ten year tenancies are back in the news and also in the discussion on PropertyTalk.com. On the news site stuff.co.nz an article reports Auckland Property Investors Association (APIA) have called for a change in the fixed term tenancy agreements offered to residential tenants.
Predicting what the property market will do in the future has been the obsession of many property experts, commentators and investors for years. Right now their forecasts are so diverse we’re left with more questions than answers and this is causing more uncertainty especially among home buyers and property investors.
Property Investors like to be forewarned so they can be forearmed when the property market moves into the ‘slump phase of the property cycle. The property cycle has a few phases – three most notable for change are: Boom, Slump, Recovery.
Property asking prices continue to drop in Taranaki. The downturn of their primary industries (oil, gas and diary) has made home buyers wary. The rest of the country has enjoyed months of capital gains except for Taranaki which has continued on a steady decline since August 2015 according to Trade Me Sales Price Index.
The property investment Webinar series is kicking off on Thursday with Steve Goodey of PropertyTutors hosting a webinar titled: 60% LVR Funding Tactics From CEO’s. Executive level speakers from near Bank lenders will be on the webinar to answer questions on the new LVR restriction rules.
Measures to dampen property demand are on the table and in the media it’s the upping the current LVR restriction on property investors that is most favoured as the most likely action taken by the RBNZ. However it may not be the only measure as the RBNZ Deputy Governor is reportedly saying DTI (debt to income) ratios may also have a role.
The types of properties gaining the most in value around the country right now are units, apartments and townhouses. These properties are typically smaller than your standalone three bedroom property and generally cheaper too so they’re highly sought after by property investors investing for yield.