Current Category: Market Rent
Cold weather, HOT DEMAND
Winter is the worst time of the year to be seeking tenants, and this year it is compounded by the effects of the big 'R', Government trimming positions, Universities limiting student numbers, and an increase of properties on the market for rent, particularly in the inner city. If you have a vacancy, you can't just say 'oh well, I'll just wait until the weather warms up and those other factors go away'. No, you need to get a good tenant, and to get them now.
The temptation in winter is to dr...
posted in: Market Rent, Tenancy Issues, Rent holiday, Landlord: Trick of the Trade, Open home, Marketing your property
NZPIF Post Budget Survey: How much will the Budget changes cost and how much extra rent can you charge?
The New Zealand Property Investors' Federation is conduction a post Budget survey for property investors in order to put forward a recommendation as to how best to respond to the sweeping changes.
By identifying the cost to rental property owners the NZPIS will be able to calculate how much rents will have to rise in different parts of the country in order to cover these costs. This information will be fed back to members so they are more informed about rental price increases and can use the ...
posted in: Market Rent, Survey, Budgeting, Budget 2010, Governmental & Regulatory, NZPIF
Auckland Regional Market Rental Statistics May 09 - October 09
Market rent is described (in the Residential Tenancies Act) as what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas. Market rent is a useful guide when you are deciding what the rent will be. It needs to be comparable to the rent charged for other properties of a similar type, size and location. (If you are charging significantly higher rent than for...
posted in: Market Rent
It can be tricky finding the ideal tenant - let Housing New Zealand move in instead
Long term lease and guaranteed rent for your rental property With Housing New Zealand's Home Leasing scheme, we lease your property from you directly for up to 10 years. That means we'll find a tenant for your property ourselves, and you'll never have to go chasing after rent again. We lease privately-owned houses in areas where demand for affordable rental housing is high. Our leases last for at least five years, resulting in long term continuous rent regardless of vacancies. The lease progra...
posted in: Market Rent, Housing New Zealand, Landlord: Trick of the Trade
Auckland Regional Market Rental Statistics March 09 - August 09
Market rent is described (in the Residential Tenancies Act) as what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas. Market rent is a useful guide when you are deciding what the rent will be. It needs to be comparable to the rent charged for other properties of a similar type, size and location. (If you are charging significantly higher rent than for...
posted in: Market Rent, Property Market, Landlord: Trick of the Trade
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