Landlord Information

Do you have the financial sense to be a landlord?

January 9, 2018
In July of 2017 we posed the question – would you make a good landlord? We talked about the practical demands placed on a typical landlord to help you assess your suitability. Today we’re going to concentrate on the financial side of the equation, delving into the monetary pros and cons of owning a rental property. Higher leverage than other asset classes Perhaps the most obvious financial positive to becoming a landlord is the lower investment required when compared to other...

Does Christchurch Have Everything Auckland's Missing?

November 7, 2017
Auckland’s soaring house prices, traffic headaches and growing population are motivating its residents to up sticks and relocate elsewhere in God’s Zone. But where are they all going and why? Deciding to make the move Considering such a radical sea change is both frightening and exciting. The scary part is changing jobs and finding a house while holding down your current post – a logistical nightmare. The exciting part and the dream for most is the prospect of more affordable housing,...

Tenant of the Month - August 2017

September 12, 2017
Congratulations to Stacy and Kieran for taking out Tenant of the Month in August. Stacy and Kieran are fantastic tenants to deal with and they present the property beautifully. Our next tenant of the month will be drawn the first week of October.

New Insulation Rules: How To Be Compliant And Avoid RORT

August 1, 2017
Insulation will be compulsory in rental properties from July 2019. Subsidies on offer are leading to price hikes and huge variances in quotes. In this post we examine what landlords need to do to be compliant and what to look out for when dealing with installers. What Has Changed And Who It Affects Changes to The Residential Tenancies Act 1986 came into effect on 1 July 2016. The changes mean that come 1 July 2019, it will be compulsory for all...

Would You Make A Good Landlord?

July 3, 2017
When people think about purchasing an investment property, many of them fail to consider if being a landlord would actually suit their personality and lifestyle. Over the years, we’ve worked with countless numbers of landlords who have turned to us for help after realising that managing their property is more work than they expected. The reality is that being a landlord is a very demanding and challenging job. If you’re thinking about becoming a landlord for the first time, we encourage...

The Danger of Overpricing Rental Properties: A Cautionary Tale

June 12, 2017
Imagine this scenario, which is every landlord’s nightmare. A property has been sitting empty for several weeks with income losses and costs adding up. The landlord does not want to drop the asking price and take less than he was earning from previous tenants, but week after week drift by with the property vacant. Then along comes a tenant, or even better a young couple, very polite and willing to pay the asking price. And at first they did pay, maybe...

Should I Rent My Property to Tenants with Pets?

When we meet with new clients, one of the questions we ask our landlords is: “will you rent to tenants with pets?” Many new landlords are reluctant to allow pets to live in their rental property, imagining the worst-case scenarios. While the potential for property damage is higher when pets are present, there are many reasons why allowing pets can be hugely beneficial. In today’s post, I’ll discuss the benefits of allowing tenants with pets and give you some pointers to...

Starting A Tenancy: A Guide for Landlords

March 6, 2017
Starting A Tenancy: A Guide for Landlords According to New Zealand’s 2013 census, over 30% of Christchurch households live in a rented home, a number that matches the nationwide average. With the large number of people renting homes each year, it’s important that certain processes are followed to ensure a fair arrangement for tenants and landlords alike. The laws that protect landlords and tenants are set forth in the Residential Tenancies Act. At First Avenue we have worked with many clients...

Landlords - Changes To RTA Are Now In Effect

September 16, 2016
The new requirements for insulation and smoke alarms in residential rental properties have been approved by Parliament and are in effect as of 1 July 2016. A number of smaller changes have also been made to the Residential Tenancy Act (RTA), but the largest changes are those surrounding smoke alarms and insulation. Details about these changes can be found on the Tenancy Services website. In today’s article, we’ll provide you with a timeline and overview of the smoke alarm and insulation...
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Real Estate News
Quarterly Newsletter - 2017/18 TELL ME MORE »
Do you have the financial sense to be a landlord? TELL ME MORE »
Can Minimalism Help You Buy Your First Home? TELL ME MORE »
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