As a side conversation from the topical subject of the housing market, the media are putting a lot of attention on the rental properties, and in many cases focusing on the condition of these properties. A good story of course highlights the worst of the stock, which are usually mouldy, damp, cold and poorly kept.
Read MoreRecently, the Tenancy Tribunal ruled in our favour that sub-letting a rental property on the online accommodation marketplace Airbnb is in breach of the Residential Tenancies Act, but there is far more to the story than a simple breach.
Read MoreAccording to market data, between 2010 and 2016, the average duration of a tenant in a rental was two years, and one in ten lived in their rental property for more than five years. But while it’s not overly uncommon to rent for 2 – 3 years, it’s becoming increasingly popular for people to lock in for fixed term periods and sign for another fixed term following the end of the lease.
Read MoreCompared to 2015, the 2016 year for us was largely a result of changes in Wellington’s rental market. We saw a 52% decrease in the number of properties we listed for lease during our busiest time of year compared to the same time the year before, even though we had a 45% increase in the number of properties we’re managing.
Read MoreChristmas and the New Year celebrations are upon us – it’s usually the time we spend with family and friends, relax, and maybe have a wine or two. Most landlords will be more than fine with celebrations within their properties, although within limits.
Read MoreBreaking up with someone can be a messy and awkward affair, but what about breaking up with your property manager? After all, not all property managers are created equal and you may not be happy with the relationship.
Read MoreLast week I was successful in winning a case brought to the Tenancy Tribunal where, among other things, the carpet and curtains in a room of the rental property were damaged by the five cats that were kept closed in the room.
Read MoreAs a property manager I work for investors of property, and so it’s my job to ensure their investment makes consistent good returns and doesn’t decrease in value overtime. But there’s something quiet taking place all over New Zealand, something invisible, and it has the potential to turn a great investment into a bad one – methamphetamine!
Read MoreThe changes to the Health & Safety at Work Act has had a major impact on anything deemed to be a ‘person conducting a business or undertaking’ (known as a PCBU). While such a description obviously includes all our work places, it also encompasses every rental property in New Zealand, regardless of it being managed by a property manager or being self-managed by the owner.
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