APIA Blog

RSS Feed

{{name}} - APIA Auckland Property Investors

How much to increase rent by in response to RTAA 2020

This week's question comes from Joss: What rent premiums are landlords typically applying to addressed increased risks associated with the Residential Tenancies Amendment Act 2020? Without a doubt, certain provisions of the Residential Tenancies Amendment Act 2020 (RTAA 2020) shift the balance of risk and reward against landlords. Anecdotally many of our members have indicated that th... read more
{{name}} - APIA Auckland Property Investors

​COVID-19: Freeze on rent increases explained

Based on the number of inquiries we have received concerning the temporary rules for rent increases (under the COVID-19 Response (Urgent Management Measures) Amendment Act), this FAQ feels appropriate: What is being frozen? Rent increases not rents. Landlords are prohibited from increasing rents during the freeze period. What is not being frozen? Rents and rent increase notice... read more
{{name}} - APIA Auckland Property Investors

Covid-19: Some tips for landlords to manage rent arrears

It should come as no surprise to anyone that over the last two weeks, most of the inquiries we have received from landlords concern rent. More specifically, arrears. Our responses to each of these inquiries largely reflect the following: 1. Get yourself sorted It has been made abundantly clear to APIA members that in times like this, cash-flow is king. Take a good look at your cash... read more
{{name}} - APIA Auckland Property Investors

Unconventional ways to increase rent

This week's question comes from John (paraphrased): With respect to rent increases can you: 1. Give notice for two or more phased increases e.g. rather than one notice for $20 increase in 60 days give one notice for two $10 increase, one in 60 days and another in 240 days)? 2. Have as a condition in the tenancy agreement to increase the rent by $x per head for any additional... read more
{{name}} - APIA Auckland Property Investors

Who can receive rent?

This week's question comes from Jae (paraphrased): I live in Korea and own an Auckland rental property. My son lives in Auckland. Can he, on my behalf, sign a property management authority with a property manager and receive rent as his income? Katrina O'Connor from Barfoot & Thompson kindly responds below: Your son would be able to complete and sign a property management au... read more
{{name}} - APIA Auckland Property Investors

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
{{name}} - APIA Auckland Property Investors

How to set rent?

Setting your rent can be a bit of a Goldilocks Paradox: charge too much, you turn off inquiries; charge too little, you compromise the performance of your property. The right amount of rent will not only help you attract the right types of tenants, it also ensures the continued success of your rental portfolio. We asked five APIA investors to share their rent strategies and elab... read more
{{name}} - APIA Auckland Property Investors

Rent: A classic landlord dilemma

A troubling report inferring bidding wars for rentals has prompted us to consider one of the moral dilemmas of being a landlord - How much is too much to charge tenants? While the Ministry of Business, Innovation, and Employment has clarified there is nothing in the Residential Tenancies Act which 'precludes the tenant from indicating what they would be willing to pay for a ... read more

Recent Posts


Tags

interest only income Q&A Sponsored post interest rates Level 4 robert kiyosaki tenancy issues winz re agent rent arrears insurance early termination ventilation trust data security skill shortage Market report maintenance legal rent control return termination CoreLogic finance barfoot and thompson wins market scotney williams principal and interest heater Holler housing bubble khh opes partners meth sale and purchase minor dwelling first home buying rta buying rules clnz shower dome CCC tenant rent increase Landlording HHGA commerce commission trademe structure tax twg report reserve bank anz boarding house rental market RTAA 2019 auckland TCIT government off the plan ocr bankruptcy apia rta reform landlord legal cost Kris Pedersen Mortgages and Insurance heat pump investor rent retaliatory notice cgt airbnb education housing package capital gain investment strategy management bond form financial advisers act development unitary plan Property (Relationships) Act fixed-term tenancy bad tenant nzpif market rent rental wof interest deductibility building smoke alarm house prices Tribunal case study housing affordability subdivision negotiation Editor's Choice Question and answer How to Gluckman bond ird speculator heating insulation letting fee Must know covid-19 HSWA p lab extractor fan inspection Standards New Zealand HHS warren buffett RBNZ worksafe sale and purchas Guest blog ring-fencing holiday house mortgage gluckman report Investor story advice property cycle asbestos recycling equity relationship wealth creation LIM property maintenance buying initio trespass shortland chartered accountants tenancy tribunal warm up new zealand election 2017 cat beginner investor positive cash flow property apprentice daikin Investment tip television partners DTI property management brightline election2020 ask an expert anti-social behaviour Jeff Bezos debt enforcement rtaa2020 cash-flow renovation parry v inglis yield buyer's agent damage Must knows kiwibuild short-term rental mindset business watercare quiet enjoyment water bill lvr privacy will Case study auckland council property value personal growth property sublease letting equity tenancy services banking meth contamination productivity

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo