Property management

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...

Our Top 5 Property Management Tips for Summer

January 17, 2017
Summer is finally here, but the change of seasons brings a new set of challenges for landlords. In general, landlords can expect their tenants to have fewer problems in the summer than in the winter – there are no leaky roofs or heating problems to contend with, for example. That being said, we’ve noticed that a few problems can crop up when the weather gets warmer. To help you prepare for a successful and happy summer, we’ve put together our top...

Monthly Christchurch Property Market Commentary - 17th Nov 2016

November 18, 2016
View Melissa's latest property market commentary in her latest interview on Spotlight on Canterbury.

Monthly Christchurch Property Market Commentary - 20/10/2016

November 18, 2016
View Melissa's latest interview on Spotlight on Canterbury.

KiwiSaver Is Making It Easier To Get Into A New Home

November 1, 2016
This year, the Government introduced a number of changes to make it easier for certain homebuyers to purchase a home. Perhaps the most important of these changes is in how KiwiSaver accounts can be leveraged to pull together a deposit and contribute towards the overall settlement. At First Avenue Property we have noticed a dramatic increase in interest from first-time homebuyers this year, which we attribute largely to these rule changes. Changes to KiwiSaver HomeStart scheme In July 2016, changes to...

Monthly Christchurch Property Market Commentary - 26/08/2016

August 26, 2016
View Melissa's latest interview with Style TV for tips on getting your property ready to sell.

Don't Make These 5 Common Rookie Landlord Mistakes

June 1, 2016
For many people, renting out a property seems like an attractive way to make extra money or pay off a mortgage more quickly. The reality, however, is that it requires a lot of time and effort to succeed in the rental market. During our many years of working in property management in Christchurch, we’ve seen rookie landlords make the same mistakes over and over again. If you’re a new landlord, it’s important that you learn as much as possible to protect...

Landlords - Why You Should Consider Insulating Your Rental Property

May 10, 2016
Is your rental property adequately insulated? If not, there is still time to take advantage of the subsidies available through the Warm Up New Zealand: Healthy Homes initiative although Government funding is due to come to an end next month. Why insulation matters Until recently, there have been no guidelines or regulations in place to ensure that rental properties are properly insulated. As a result, a large number of properties on the rental market are without insulation. Insulation helps heating systems...

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...
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