29-Sep-2020
APIA Blog
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All for the kids
This week's question comes from long-time APIA member Hari K and the answer is kindly provided by Kristine King of DK Law. The answer is intended to be for general information only and not legal advice. If the rental properties are held by a trust with the parents being trustees, what is the best way to ensure that all the children get equal shares of the portfolio after the parents pas... read more22-Sep-2020
Ryan Smuts: I own a Kiwibuild, how do I make a start at investing in property?
If you’ve bought yourself a Kiwibuild property you may find yourself in a position where you’re unable to get additional lending on the property, or rent it out for a certain period of time (often between 2-3 years depending on the development & agreements signed). While things certainly seem rather restrictive, in reality you’ve just bought yourself ample t... read more15-Sep-2020
RTAA2020 - the thereafter
Now that the Residential Tenancies Amendment Act 2020 has been passed and is set to be fully implemented by 11 February 2021, we speak to seasoned property manager Katrina O'Connor from Barfoot & Thompson Manurewa about how the renting industry is responding to and adapting to the new law. Q. The RTAA 2020 is said to have dramatically increased the risk of landlording in New Zealand. Wh... read more14-Sep-2020
Debbie Roberts: You totally don't need a 6-figure income to invest in property
In the 10 years we have been helping Kiwis get ahead financially by investing in property, one thing that has become abundantly clear is that there is no such thing as one size fits all when it comes to purchasing an investment property. You might be surprised that many people launch into property investment without even a basic understanding about rental returns, return on deposit,... read more10-Sep-2020
Kelvin Davidson: How has COVID affected the property market
COVID-19 hasn’t significantly undermined the property market so far In this fast-moving COVID environment it’s easy to lose track of everything that’s changed since the end of March and how the property market has been impacted. Recall that since March: The Government has launched a huge fiscal support package, including the wage subsidy, which has kept people in jobs and pay... read more04-Sep-2020
Ryan Smuts: How much money does it take to become a property investor
We meet clients regularly who are looking at getting into property investment and are wondering how much money they need to get going. There are many answers to this question. Much will depend on your intention and financial position. That said, here are some considerations to help you arrive at the appropriate range. If you are buying properties for the first time, you wil... read more02-Sep-2020
HHS: Can landlords self-inspect?
Question from Mark: Can landlords complete our own HHS inspection? My property manager says only third party inspectors can. Legally there is no restriction on who can or cannot inspect the current level of HHS compliance at a rental property. Landlords can certainly self-inspect and many do. However, some property management companies, for very good reasons (business process and sta... read moreRecent Posts
- Personal properties vs chattels
- Ending a fixed-term tenancy to sell
- Landlord held not liable for co-tenants' pets
- How much to increase rent by in response to RTAA 2020
- What's my HHS compliance date?
- Hard for you but su*ks for me
- Cause and consequence are two different things
- Brightline application for 'private transfer' of inherited properties
- Rent increase after substantial work: not a case of $1-in-$1-out
- Kelvin Davidson: It’s been an unprecedented year – the swings and roundabouts of 2020
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