Inspections? A waste of time!

Posted by Jack Vale on July 18, 2017 3:49:13 PM NZST

Inspections are a waste of time.

You spend 15 minutes of valuable time every 90 days walking round the house looking at a ceiling here, a wall there and making sure the doors still open and close.

It's pretty basic stuff...

Of course, this is not our opinion as a property management agency, but the opinion of an alarmingly high number of private landlords we have spoken to in recent times.

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Topics: Insider, maintenance

4 Weeks Free??

Posted by Jack Vale on July 5, 2017 11:43:28 AM NZST

Warning: This article contains elements of self-promotion.

It is no secret that Wellington’s rental market has been a hot media topic of late.

With rents rising 6.8% from January 2016 to January 2017 attention was inevitable.

However, there are now calls from some quarters that finding tenants is more difficult and that investors should lower their rent or face up to four-week vacancies.

In Auckland, there are 1,805 listings advertised on popular rental search sites whereas Wellington has only 570.

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Topics: property management

Living The high Life - The Answer To Wellington's Housing Crisis

Posted by Jack Vale on June 20, 2017 3:54:25 PM NZST

 

There is a simple fact that us kiwis are now facing, and that is that New Zealand doesn’t have enough houses to go around. 😢

 

Local councils and governments are crying out for more to be built with an expected population growth to 5 million people in the next three years.

There is no doubt then that the housing crisis claims thrown around by the media may have more standing than initially suggested.

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Topics: Insider, Developments, Portfolio Growth

Going Once, Going Twice! The RentBerry Story

Posted by Jack Vale on June 7, 2017 9:46:22 AM NZST

 

New Zealand’s rental market is starting to prepare for its newest guest, a polarising app expanding from America. 🤔 

Rentberry is a self-proclaimed ‘price negotiation platform’ which offers a closed loop solution for landlords where ‘everything’ can be done in one place.

There is, however, one key point which is set to throw a curveball to those invested in the rental market in New Zealand.

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Topics: Insider

Investment Property Insurance - What they didn't tell you!

Posted by Jack Vale on May 23, 2017 4:50:04 PM NZST

 

It's no secret that insurance for your investment property is an important decision.

In fact, as a property management agency, it's something we recommend that you simply cannot go without.

In this article, I am going to bring to light some potential issues we see daily... and what you can do about it.

Let's get started.

Warning: This is just an example... you are NOT going to find any diluted misinformation here… everything we do is backed by credible sources. Follow the links and check for yourself.

 

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Topics: property investment, insurance, property investment insurance

Grow Your Property Investment Portfolio Through Buying Off The Plan

Posted by Jack Vale on May 9, 2017 3:28:46 PM NZST

Sooo as a property investor... you might be asking yourself the simple question...

Should I just build my investment properties or should we buy an existing property??

It’s not an easy question to answer...

Especially when you have hundreds of thousands of dollars at stake.

But you probably know other people that have gone through the same process and everything turned out OK for them.

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Topics: property investment

Compliance Non-negotiable

Posted by Jack Vale on April 20, 2017 4:25:17 PM NZST

No longer will landlords and property management companies be able to get away with poor landlord behaviour. That is the message from the Ministry of Business, Innovation and Employment (MBIE), the government agency responsible for tenancy services in New Zealand. The warning shots follow an audit of five separate property management companies across the country which found varying levels of compliance in some of the most basic requirements of being a landlord, namely insulation and smoke alarms. Landlords and property managers are now being put on notice that it is imperative that they ensure compliance is a number one priority, or face the consequences.

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Topics: Insider, tribunal, Compliance, RTA

Snap me Happy

Posted by Jack Vale on April 19, 2017 3:21:31 PM NZST


Everyone has heard it before. You can’t make a second first impression. The same is true of your property. In an age where potential tenants have access to hundreds of properti es in the space of minutes online, there has never been a more important time to find innovative ways to stand out.

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Topics: Marketing

Tenancy Troubles

Posted by Jack Vale on April 6, 2017 6:00:00 AM NZST

While most property managers are well versed in the intricacies of the Residential Tenancies Act (RTA), the nature of the beast is such that it can strike fear into anyone summoned. Needless to say, the chance to avoid tribunal is welcome and some would suggest, easy to do.


However even the most competent landlords can find themselves on the wrong side of an adjudicator. Here then is everything you need to know when it comes to keeping out of tribunal.

Tenants nowadays are more educated on the RTA and are familiar with the obli-gations of landlords. There is a common misconception that tenants are happy to live just anywhere; tenants want warm, safe, comfortable homes to live in.

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Topics: tenants, tribunal

Tenants Taking Advantage

Posted by Jack Vale on March 24, 2017 7:00:00 AM NZDT

100 million users worldwide are now using AirBnb to find temporary accommodation, and your tenants might be profiting from it. In a case believed to be the first of its kind, a Wellington couple were deemed to be in breach of the Residential Tenancies Act when it was discovered they had sublet their property without the knowledge of their landlord or property man-agement agency, pocketing a tidy $1,568. They have since been ordered to pay $1,300 to the landlord. Tenants are see-ing dollar signs with Airbnb. Here’s what you need to know about Airbnb and your rental property.

Since its inception in 2008, Airbnb has become to short term accommodation what Uber has become to taxis.

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Topics: tenants, subletting

 

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