Jack Vale

Business Development Manager
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Recent Posts

How many tenants does it take to change a lightbulb?

Posted by Jack Vale on May 3, 2018 1:45:51 PM NZST

It’s always an eternal battle between tenant and landlord. “My landlord never did any maintenance on the property,” is a phrase that frequently comes up at viewings when tenants are asked why they might be looking to find a new home.

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Topics: property relationships, tenants, maintenance

Late to the Party?

Posted by Jack Vale on April 18, 2018 5:56:28 PM NZST

It doesn’t take long to find a horror story about renting a property. Look in the right place and you find plenty. Better yet, get out and about and have a chat with as many tenants as you can and you can almost guarantee that you’ll hear some outrageous stories about the way they were treated by their local property manager.

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Topics: rental control, property relationships, property managers wellington, property management, investing, tenants, tribunal

Let it be... Or don't?

Posted by Jack Vale on April 3, 2018 5:44:37 PM NZST

There’s one thing for sure, the new government isn’t hanging around when it comes to following through with its election promises. The Healthy Homes Guarantee bill is continually under review as we move closer to its implementation and now, in this most recent move, housing minister Phil Twyford has introduced the bill to ban the letting fee.

Flat hunters around the country are no doubt jumping for joy and doing victory laps of their rental property, while landlords and property management agencies are forced to wear yet another cost. Surely the bill won’t have any negative impacts for tenants? Surely property managers and landlords shouldn’t charge a letting fee anyway? You’d be surprised…

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Topics: Rental Pricing, letting fees, rental increase

Breaking Up and Moving On...

Posted by Jack Vale on March 20, 2018 4:22:46 PM NZDT

“It’s not you, it’s me.” A classic phrase, fit for any break up. Maybe not your break up with your substandard property manager though. Why? Because there’s a high chance that its not you, its them.

In an unregulated industry, bad property management can raise its ugly head a little too often. You only have to look online or to the papers to see the horror stories around property managers.

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Topics: quality, asset management, property relationships, How to choose a good property manager

On the Rise — Rental Market Update

Posted by Jack Vale on March 7, 2018 12:04:36 PM NZDT

Are your fingers on the pulse? Are you charging a fair market price for your property? Do you know what a fair market price is for your property? If you answered no to at least one of these questions, don’t worry. It is that time of the year again where we take stock in the middle of the busy season and have a look at what is going on so that you can prepare your portfolio for maximum performance.

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Putting the breaks on the rental market

Posted by Jack Vale on February 15, 2018 1:30:49 PM NZDT

If we’re being honest, the newspapers are getting a little predictable lately. It would be rare for you to find a publication these days that doesn’t have something to do with Wellington’s rental market somewhere across the pages. Almost every day, someone has come up with a new idea to solve Wellington’s ‘crisis’.

 

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Topics: insulation, quality, rental control

Colder than a polar bear in a freezer?

Posted by Jack Vale on January 30, 2018 11:33:44 AM NZDT

Icy cold, dark and damp. That’s the reality facing plenty of Wellington’s tenants this winter. 🌨️

 

For many tenants, the picture of winter is looking bleak as they stare down the barrel of high energy bills, cold mornings and battling mould in their rental property, yet the government have subsidies in place to support landlords in insulating their property.

There can be no excuse for cold, dark and damp rental properties anymore.

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Topics: insulation, Compliance, tenants, renting wellingon

2018: The Year of the Law

Posted by Jack Vale on January 16, 2018 10:00:00 AM NZDT

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.

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Topics: insulation, heating, meth testing, rental finance

Ditch the Day Job

Posted by Jack Vale on December 19, 2017 4:42:47 PM NZDT

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. 🏘️💰

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Topics: property investment, property management, property relationships, asset management, wealth creation

Don't Miss the Gold Rush!

Posted by Jack Vale on December 6, 2017 10:19:09 AM NZDT

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.

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Topics: Rental Pricing, rental market, rentals,, tenants

 

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