Auckland Property Investors Association (APIA)

Auckland Property Investors' Association (Incorporated)

New Zealand's leading independent real estate investing Network, Information Hub and Education Space.

Property Investment Blog

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24-Aug-2018

Suze Ferry: Common reasons why rental insurance claims get rejected

Rental properties need a different insurance policy compared to owner-occupied homes. There are additional risks you’ll want covered and there are certain requirements your insurer will want you to meet too. Contrary to popular belief, insurers don’t want to decline claims! The policy wording/schedule is a contract, between you and your insurer; the contract defines what is and... read more

Landlording

14-Aug-2018

Suzanne Colson: Short-term tenants and insurance

If you plan on renting out a room or your house to short-term tenants, there are some things you need to consider. One of the most important is how it will affect your insurance cover. Non-Disclosure Failing to tell your insurance company about the change in occupancy could result in non-disclosure; which in turn could result in non-payment of a claim. Make sure you let your insurer k... read more

Landlording

26-Jul-2018

A broken heater lead to a $2250 fine

By now, APIA landlords should be well aware of the 1947 Housing Improvement Regulations (HIR) and how it relates to s45 of the Residential Tenancies Act. The Tribunal, historically, has certainly not shied away from enforcing elements of the HIR especially as it relates to dampness. Increasingly, however, we are seeing it being relied on in decisions pertaining to deficient heating... read more

Landlording

13-Jul-2018

John Priest: Being a successful landlord, my way

Firstly, be careful who you accept as a tenant. Sorry property managers, but I insist on managing my own properties and I consider the most important aspect of this to be tenant selection. I want to meet prospective tenants and see if I have a good feeling about them. Whatever your instinct tells you it must be backed up with research. Once when I had had a shortage of... read more

Ryan Smuts: Buying off the plan

Buying off the plan can be an exciting proposal, it has many benefits which can be capitalised on if purchasing correctly and with enough due diligence put into practice, however, every rose has its thorns, and it is important to be aware of the risks that can be associated to this method of purchasing property. Risks The cautious buyer will understand first, the... read more