Do your homework!

Posted on July 8, 2011 by oxygenproperty

homeworkDo 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 »

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Unit Titles Act 2010 changes

Posted on July 4, 2011 by oxygenproperty
John Ross – Executive Director

gavelOn June 20 a major revamp for body corporate rules came into effect in the form of the Unit Titles Act 2010. The new Act places greater responsibility and obligations on owners and committees than ever before. Read more »

Filed under: For Landlords, For Tenants, Legislation | Tagged: , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Calling all investors!

Posted on June 24, 2011 by oxygenproperty

John Ross, from the Professionals, Hutt City Ltd, talks to investors about adding to their investment portfolios.

For more information on property management services, visit Oxygen at http://www.oxygen.co.nz/
For more info on residential sales, visit The Professionals, Hutt City at http://www.redcoats.co.nz/

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Smoke Alarms

Posted on June 21, 2011 by oxygenproperty
Vesna Wells - General Manager Oxygen Property
Smoke Alarm
Legislation regarding smoke-alarm installation in rental properties may change after an article in the Dominion Post reported that a young girl died in a house fire after playing with matches. Read more »

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The unsuspecting landlords….

Posted on June 8, 2011 by oxygenproperty

Vesna Wells - General Manager Oxygen Property
www.oxygen.co.nz

Earlier this month Stuff.co.nz  reported a story about elderly landlords who let their own rental property to 16 and 17 year olds who lied about their age. Within a period of 8 weeks, these tenants had caused $10,000 worth of damage reported being holes in the walls, door panels missing, cigarette butts littering the entire inside of the home, dog feces – you name it. Read more »

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Budget Changes to Property Taxes

Posted on June 1, 2011 by oxygenproperty

Man holding a piggy bankThe 2011 Budget contained a few surprises, but nothing as extensive as the 2010 budget.  In the Budget last year the Government announced what seemed like wide-spread changes to the rules that effect property investors regarding property taxes. On 20 December 2010 the legislation was enacted and came into effect (for the most part) on 1 April 2011.  These changes have huge impact on property investors or any small business owner using an LAQC company structure.  Read more »

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Raising Rents – keeping up with the market rents

Posted on May 11, 2011 by oxygenproperty
Vesna Wells - General Manager Oxygen Property
www.oxygen.co.nz

Raising RentRaising rents throughout the life cycle of a property is critical for the investor.  Every investor wants to increase their bottom line. Just yesterday, I was talking to an investor who said he was extremely happy that his monthly rental statement showed a $3000 increase in rents collected from the previous year. Read more »

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