Building relationships: Right tenant, right property

Throughout our time as property managers, we’ve always worked to place the right tenant in the right property that fits their needs and suits their lifestyle. We don’t just work with property owners to fill their home and make them money – we work with them to ensure the tenant is the right fit for the place, and will treat the home with respect as well as keep it in great condition.

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Bianca Stables
Meth testing: Where do we stand?

For some years, Nice Place had a policy of meth testing every property between every tenant to ensure that we are moving new tenants in to a clean property, and to check that outgoing tenants have left it in a reasonably clean condition.

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Nick Phillips
#MARKETUPDATE

Earlier this year, we saw a flurry of activity in the rental market. As with every January and February, when students are arriving in the city – we saw an increase in enquiries, pushing demand higher and exhausting the supply of rental stock. There were stories upon stories of tenants not being able to even find a flat, let alone make it along to viewings.

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Nick Phillips
Letting fees: How do they affect you?

Since the Government proposed to remove letting fees altogether, there’s been plenty of speculation about how this will impact the cost of rent. But what we’ve found is that a lot of tenants, and even landlords, aren’t actually aware what it’s there for and how it affects them.

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Nick Phillips
#MARKETUPDATE

In the current Wellington rental market, properties are receiving hundreds, if not thousands of enquiries. Many students are claiming that landlords are increasing the rent due to the extra $50 increase in student allowances. For some landlords – this may be true, but overall it is simply being put down to high demand and lack of supply, as well as the increasing costs of property investment. So, what is going on in Wellington?

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Nick Phillips
What to do if you suspect your rental is being sublet online

Airbnb can provide an extra supplement to cover costs of rent, or generate income – but it comes with risks and consequences.  With the holiday season approaching, and the growing use of Airbnb – we are seeing concerns in the property management industry, with property investors getting worried about their rentals being sublet online to people they don’t know.

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Bianca Stables
4 ways to keep your rental warmer and drier this winter

Brrrrr! It’s cold outside – we’re all being treated to a classic New Zealand winter. It’s blisteringly cold, never ending rain, snow fall and stormy winds. You might not escape it when you’re outside but when you’re home it’d be nice to snuggle up and be warm and dry without it hitting the pocket too hard.

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Nick Phillips
Healthy and warm rentals: An owner and tenant team effort

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.

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Nick Phillips
Generation Rent - Home ownership not as important as it used to be

According 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.

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Nick Phillips