Whether a one, two, three or four bedroom property, one major principle still applies to minimize vacancies. Good properties that are proactively maintained will be attractive to tenants and tend to rent faster. Whether moving out of your own home and looking to rent it or whether you are buying another investment property to add to your portfolio, it is important to remember that good tenants want to live in good quality accommodation.
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The Residential Tenancies Amendment Act 2010 (RTAA 2010) has made significant changes to the Residential Tenancies Act 1986. These provisions have been in force for more than a year now. Having someone who doesn’t know the Residential Tenancies Act or the RTAA changes is a risky business for landlords. It is simply not worth the hassle of falling foul of the law and can ruin a hard earned holiday.
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Original article taken from Landlords.co.nz
Investor demand is strong in the Hutt Valley and Wellington but nationwide investors are “sitting on their hands.”
The latest BNZ-REINZ Residential Market Survey of real estate agents found the housing market is improving but with a small ease in the strength of some indicators in comparison with recent months. Read more »
Filed under: For Landlords, For Tenants, Rental properties | Tagged: Business, Investment, investment property, landlord, Landlords, Lower Hutt, maintenance, Market, Market Rent, National, New Zealand, Oxygen Property, Property, Real Estate, Rent, Rental, Rental property, Renting, research, Wellington | Leave a Comment »
Original article taken from Landlords.co.nz
In the space of one month 27,000 people have downloaded Realestate.co.nz’s upgraded iPhone app which allows users to search for rental property. Chief executive Alistair Helm said the amount of people who have downloaded the app – plus the 40,000 downloads of the original version – demonstrates its popularity among home buyers and people looking for rental property.
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Vesna Wells - Chief Executive, Oxygen Property
www.oxygen.co.nz
One of my own investment homes was pretty tired. I had only been there once since I bought it in June last year largely because we didn’t want to disturb the current tenant who indeed was a very good tenant. When she decided to move out, I liaised with our property manager who made a couple of good recommendations…. Read more »
Filed under: For Landlords, For Tenants, Rental properties | Tagged: homework, Investment, investment property, landlord, Landlords, maintenance, Market, National, New Zealand, Oxygen Property, paint, Property, Real Estate, renovate, renovations, Rent, Rental, Rental property, Renting | Leave a Comment »
Vesna Wells - General Manager Oxygen Property
www.oxygen.co.nz
A buyer who was (and still is) keen to purchase in a “pet friendly” body corporate walked away from a sale and purchase of an apartment in Wellington last week. The property had everything that the buyer was looking for including the ability to have a pet but because the body corporate was not run properly, the buyer walked away looking for a better run one.
Filed under: For Bodies Corporate, For Landlords, For Tenants, Legislation, Rental properties | Tagged: apartment, arrears, bodies corporate, body corporate, compliance, disclosure, finances, financials, governance, maintenance, obligations, regulations, sinking fund, structure, uncertain, Unit Titles Act 2010 | Leave a Comment »
Sometimes we are so used to what we have in our own country that we tend to take it for granted. The Rugby World Cup will bring tens of thousands of visitors to our Pacific islands and further showcase our country to tens of millions more around the world via television. Read more »
Filed under: For Landlords, For Tenants, Rental properties | Tagged: 2011, Business, Company, Investment, investment property, landlord, Market, Market Rent, New Zealand, Oxygen Property, Property, Real Estate, Rental, Renting, rugby, rugby world cup, rugby world cup 2011, Wellington, world cup | Leave a Comment »
With the Unit Titles Act 2010 coming into effect earlier this year, there have been a number of changes to how Body Corporates are run. This is the first of four articles exploring what these changes are, looking at how they effect Body Corporates’ obligations and governance. Read more »
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Your investment is an important part of your livelihood and choosing the right property management company to work along-side you to maximize your return and help you focus on the big picture of growth is vital. Here are some considerations when choosing a property management company…
Filed under: For Tenants, Rental properties | Tagged: Business, Company, Company Structure, homework, Independent, Investment, investment property, landlord, Landlords, legislation, Market, Market Rent, New Zealand, Oxygen Property, Property, Real Estate, Rent, Rental, Rental property, Renting, research | Leave a Comment »
Do your homework!
It’s probably been a while since we’ve heard these three words, and chances are many of us happily assumed we’d never hear those words again. But just as not doing your homework at school could get you into some hot water, the same can be said about not doing your homework when it comes to choosing a place to rent. Read more »
Filed under: For Bodies Corporate, For Tenants | Tagged: bodies corporate, body corporate, body corporates, Company, Company Structure, Government, homework, Investment, investment property, landlord, Landlords, legislation, Oxygen Property, Property, Rent, Rental, Rental property, Renting, research | Leave a Comment »
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