Climbing the property ladder?

Everything you need to make better and more profitable investment decisions.

Airbnb has also opened up a new opportunity for property owners who are ditching the traditional long term tenancy route, in favour of a high yield income. We explore some of the positives and negatives of adopting this new approach to renting out property. 

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Their work is underway, with Dunedin flats being one of the first areas to be investigated by the team. While this has some landlords worrying about getting a knock on their door, there is no need for concern if your rental property is up to standard. But it is still critical for property investors to be aware of what this enforcement team will be doing, and why.  

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On average, Housing New Zealand spends around $10,000 on repairs after each tenancy. As a landlord and property manager it’s tempting to do everything you can to minimise the amount of risk you are exposed to. However, there are rules that need to be followed when it comes to the type and amount of security that can be asked for.  

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Tenants not paying rent is possibly a property owner’s worst nightmare. After all, rental properties are there to make you money and when tenants stop doing that, it can leave you stuck in the mud. We outline some important best practices when it comes to dealing with tenants who are slow to pay their rent. 

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In April 2016 the rules around property management changed. Changes to the Health and Safety at Work Act (HSWA) have given extra duties to property owners and managers alike to ensure that the wellbeing of all property stakeholders is protected while maintenance work is being carried out.

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As a landlord, you’re exposed to risks that are often not covered by standard insurance. When taking on this responsibility it’s vital to have yourself covered in as many ways as possible to avoid legal issues or repair bills later on down the track.

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