News

Does Your Property Management Company Have an Audited Trust Account?

April 7, 2016
The Real Estate Agents Authority, the government agency that regulates New Zealand’s real estate industry, dictate that all money received in real estate transactions be paid into an audited trust account. This law, however, does not extend to the largely unregulated sector of residential property management. As a result, many property management businesses conduct transactions through their company’s bank account, which is not an acceptable practice from our perspective. At First Avenue, we pride ourselves on our integrity – operating an...

Property Inspections - How Do They Work?

March 18, 2016
Property inspections are an integral part of the property management or property owner’s time. We detail why inspections are so important and what is looked at to prevent small issues growing into larger ones.

7 Top Tips on Selling Your Home

February 4, 2016
There are a number of things you can do to increase the appeal of your home, this article identifies 7 top tips to make sure that your house sells.
Filed under Real Estate

Property Resolutions for 2016

January 11, 2016
There are a number of simple things that can be done to improve your investment property to make it more attractive, safer and liveable for prospective or current tenants.

Going on holiday? 7 Ways to keep an empty home safe and secure

December 2, 2015
Without people around over the holiday period there, things can fall into disrepair, disaster can strike, or unsavoury characters can wander in and steal precious belongings.

Lower interest rates - An argument to buy or break your current mortgage rates?

November 26, 2015
At the moment we are seeing unprecedented rates by the banks. Is the environment ripe for purchasing a new house or investment, or even breaking your current mortgage?

Regulation review and its potential impact on landowners

September 4, 2015
Recently we became aware of a regulation review by the Ministry of Business, Innovation and Employment (Mbie) that is due to take place between 2017-2019 that may have a relevant significance to many landowners and landlords.

Are the new changes to the Residential Tenancies Act achievable?

August 24, 2015
You’ve probably already heard of, or had the opportunity to read Melissa’s latest article, on the changes to the Residential Tenancies Act, namely the requirements for: Insulation in all tenanted property by mid-2019 Installation of long-life smoke alarms by 2016 Fortunately members of the First Avenue Property team and I had the opportunity to attend the 2015 REINZ Residential Property Management Conference held recently in Auckland. It was a great industry-led conference with plenty of take away points to help increase...

Changes to the Residential Tenancies Act - It aint no WOF

August 14, 2015
In a previous post we looked at the call for a warrant of fitness for housing – mainly aimed at landlord compliance and raising the standard of living for those in rental accommodation. While the advantages and disadvantages of implementing such a process could be debated till the cows come home, it seems that it wasn’t something that the National government was willing to back in its entirety. Subsequently in the last weeks, government has passed a watered down version of...

5 Reasons Why to Employ First Avenue Property as Your Property Manager

July 13, 2015
We know that you’re too busy to read length articles, so we’ve had to filter through the abundance of reasons why you need First Avenue Property as your Property Manager, and give you the top 5. #1: We know Property Management Of course your saying, “Well, doesn’t every property management firm out there?” Yes and no. Sure they know the tasks that need to be carried out by a property manager, but does that make them a good property manager? We...
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