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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

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

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

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

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

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

Managing your own rental property is the way that many landlords insist on working. But is it the best way for you? Here we look at a few of the pro’s and con’s of self management as a landlord. So, what’s good about managing your own property? Costs are kept low. After all, you’re paying no management

Yesterday I nearly had a heart attack!!  Not an actual one. But, when I heard one of our owners say that they don’t want credit checks completed because they don’t want the added cost my heart raced and I nearly had a panic attack. You see credit and reference checks are THE most critical key

This question has come up quite a bit lately with a number of investors considering selling up. But you have to think about the implications if you want to sell your rental property Since the new tenancy laws came into effect in February 2021 tenants can only be given notice for a very narrow number