We get it, some of you property owners out there, you’re all about heart and worried about increasing your tenant’s rent. And I love that, it’s admirable. But here’s the thing, your property is an investment, and you’ve got to maximise the financial potential, no excuses. So consider these things to safeguard the value of […]
Cashflow Kingpin: Mastering the art of rent increases for your rental property Read More »
Your tenants usually pay their rent every week but the week has come and gone and there’s no rent showing in your bank account. Your mortgage is due soon and the worry about being able to make that payment is starting to creep in. This situation is really unsettling both for new landlords and for
How to navigate missed rental payments Read More »
When it comes to managing an investment property, owners often wonder if they should self manage or engage the services of a professional property manager. Often it’s the cost that puts people of along with the kiwi DIY mindset. Yes it’s true, with the help of google and mountains of time reading up on current
Property Management fees: an investment or a cost? Read More »
Let’s dive into the juicy world of tenant viewings. Picture this: you have a great property ready to rent but how do you sort the true gem tenants from the just okay or “meh” ones. Spotting a dream tenant is the key to smooth sailing in the world of property investment. However how do you
Viewing your way to the perfect tenant – 6 vital signs to look for Read More »
Contributed by Shamus No Shock Electrical You’ve likely already heard about Healthy Homes, it’s a government policy that aims to increase the quality of rental homes in New Zealand. These new regulations introduce specific minimum standards for insulation, heating, moisture, drainage, ventilation, and draught-stopping for all rental properties. Landlords are required to provide one or more
What’s the right type of heatpump? Read More »
Mould is a type of fungus which can cause health issues such as a runny or blocked nose, respiratory issues and allergic reactions. It loves living in areas with moisture such as bathrooms, kitchens and basements and spreads rapidly if not dealt with promptly. If left untreated it can also cause significant damage to a
Mould in rental properties: Landlords vs tenants – who’s responsible? Read More »
As a landlord, one of the most challenging aspects of managing rental properties is delivering rent increases to tenants. Generally rent increases are usually between $10 and $20 per week. However, with the increase in interest rates and the changes to the interest deductibility law, we are seeing rent increases of between $50 and $70
Mastering the Art of Delivering Large Rent Increases Read More »
Any income received from a residential rental property is liable for income tax and must be declared in your personal income tax return (IR3). The financial year generally starts 1st of April and ends 31st March. There are some expenses which are deductible and some non-deductible The expenses you can deduct from your rental property
Expenses Guide for Rental Property owners Read More »
What’s a proactive landlord? Whether you are new to landlording or have been in the game for a while, understanding your obligations and responsibilities to ensure you are a proactive landlord will make owning an investment property a lot easier. Actively managing your property from the get go will not only help you find and
How to be a proactive landlord Read More »
Recently we were asked by an owner to assist in finding them a tenant for their property. They were a first time landlord having recently moved from their owner occupied home and decided to keep it as an investment property. We received an application from a potential tenant but after speaking to him and doing
When you’ve dodged a bullet don’t reload the gun Read More »
