The wonderful thing about new years is that we get one every 12 months. No matter whether you had a challenging year or you finished 2017 with a bang, 2018 is now upon us offering plenty of opportunity in the property investment space.
2017 saw the rental market in Wellington go from strength to strength and with a shortage of rental stock predicted for the new year, there aren’t many signs of this slowing down despite the change in government.
Property investment isn’t really worth the headache when you think about it. You sink a pile of cash into the property purely for your tenant to punch a hole in the wall, cook meth and never pay rent.
What’s the point? Is it all worth the stress in the long run? Are there any property investors out there who can really ditch the day job or is it all just one big fairy tale?
The truth is, it is possible to create huge wealth through property investment. 🏘️💰
If you’re not nervous about finding a good quality rental property, you probably don’t live in Wellington. Wellington’s rental market has been booming for long enough that it’s almost getting boring to say it out loud.
Almost a year on from the Kaikoura earthquake, we were given a timely reminder that Wellington sits on one of New Zealand’s major fault lines.
A 4.8 shake in the Cook Strait was enough to remind us all that we should always be prepared. ☠️
You can’t beat Wellington on a good day. And when it comes to investing in property, it seems like Wellington is definitely having a good day.
Despite no recent changes in the national average rent, Wellington’s market has remained strong and shows no signs of slowing down. Investing in property has, and always will be, about the numbers.
Technology continues to change. Whether we like it or not, technology is playing more and more of a role in the world that we live in and is affecting industries all around the globe. It seems that now property management’s turn is next.
The war is on. 💣
Property managers everywhere are readying the troops.
Private landlords are forming alliances with each other.
It’s time to do battle and find out once and for all whether you should use a property manager or whether you should manage the property privately.
Recently, we tried to get in touch with some of our landlords...
Unfortunately, no matter how hard we tried we couldn’t. Their phones rang and rang and their emails weren’t checked.
It turns out our landlords were overseas, dodging taxes and sitting on a beach somewhere counting their money.
Apparently, there was quite a lot of money to count so it took a long time for them to get back to us.
property managers wellington
The future is coming. Property management is finally being dragged out of the dark ages. 🔮
At a recent conference held in Taupo for the New Zealand Realtor’s network of property managers, our team was able to discuss with some of the leading property management agencies across the country, the changing face of our industry.
It is no secret that property management is a changing industry. From changes in legislation to the increasing understanding by tenants of what to expect from a landlord, property investors and property management companies have got their work cut out.
It has long been understood that property managers offer varying levels of service, but mostly they just collect the rent.
Now, is the time to challenge the perception! 🤜
Property Law Advice,