APIA Blog

RSS Feed

The Renovation Team: Renovation during COVID-19

Thursday, May 21, 2020

IMAGE CREDIT: UNSPLASH

Some would say that with the challenges we face, comes creativity, and unknown situations can bring blessings. This is the story of The Renovation Team under Lockdown.

In the past couple of months, we have faced the COVID-19 Pandemic which had a huge impact on the Real Estate arena. This includes home renovations, home sales, home purchases, residential and commercial development projects. We have seen overseas suppliers, especially in China closing their business for a period of time, and some have not reopened yet. Products arrival has been delayed, which meant that construction projects had to be put on hold, and it affected their progress. In New Zealand, suppliers and builders could not operate under Level-4. Only essential services could continue working under the COVID-19 tight government restrictions.

While things have been on hold, many Kiwi homeowners started working from home, questioning the functionality of their home, location, needs and with that came ideas to change where they live, expand or improve. With working from home, people realised they needed extra space, or perhaps they were not comfortable with their design. That opened opportunities for change.

While some people have faced losing jobs, and banks have tightened their belts around lending, Home improvement is usually more welcomed by the lenders. By renovating, you immediately increase the value of your property.

Despite the break, some of the renovation and building companies have had to come up with creative ideas and prepare for the unknown.

“We had to create more dimensions to the existing service, and we walked through people’s properties on video calls to be able to advise them what they could do with their home”. Says James.

The Renovation team CEO, James Goren, took this time to create new opportunities for his clients and his business. This meant improving infrastructure and providing online services to potential and existing customers.

With his extensive knowledge in IT, and the ability to work via video calls, the team was able to communicate effectively and provide online quotes and give advice while working from home, which allowed better planning. “

With Level- 3, The Renovation Team has been set up to work effectively based on the government guidelines, to keep the property and the team safe. “The Renovation Team is equipped with an advanced online project management system that allows our work to proceed remotely and smoothly,” says James.

“We were approached by people wanting to create changes as they might not move soon, or decided not to sell their home, so they rather invest in improving what they already have and create their dream home with more functional space to work from home. The biggest challenges we have faced is working on a few projects at a time, because of the delays,” says James.

For example, “Just the other day a customer called and asked to convert his attic to a home office. We offered practical solutions.”

 

 

This post is sponsored by The Renovation Team, experts at full do-ups for residential properties.


 

 

Recent Posts


Tags

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

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
09 360 2376
info@apia.org.nz

The Tenancy Practice Service and TPS Credit Control work closely with the Auckland Property Investors' Association. Our vision of bringing helpful resources, documents and high quality services to Auckland Property Investors and Property Managers is shared by APIA, so its a partnership that works well. 

The Auckland Property Investors' Association is a great organisation for those who want access to advice and information from a range of industry experts and partners. 



Mathieu Holt- Managing Director, The Tenancy Practice Service & TPS Credit Control
Through the Association I found the channels and methods to fund the purchase of property I never dreamed about. Grant Brown

All round it has been one of those things Neil and I felt was really worthwhile belonging to. We have learned so much it has just built our confidence in what we are doing.

Janice Bieleski
I read two articles in the monthly magazine that saved me over $5,000. That is my membership fee for the next 26 years and I am sure I will learn a whole lot more! John Duncan
Fantastic organisation. The networking opportunities are brilliant and provide us with information and opportunities that cannot be obtained anywhere else. We learn something new at every meeting and we've been in this game for nearly 20 years. Pauline and Gyanen Kumar

I find the information obtained from various APIA meetings very useful in guiding my own property investment and rental management.  I also enjoy the networking opportunities with like-minded investors.  I am inspired by other investors’ success and find the more experiences and knowledge that I share with others, the more confident I become.  

Thanks to all APIA event organizers and administrators for your brilliant work. 

Stella Shao

I like talking to people and learning from their experience because it gives me the confidence to invest well. I think it is a knowledge thing. I now know I am doing things the right way.

Stephen Weatherall

My APIA membership has become a total success.

Every time I attend a monthly or regional meeting I come away with so many useful and positive tips that have added value to my property investments and management.

Not only that, the website is a great place for practical advice and useful information. It has now evolved into an important resource for my business.

Talk about value for money! The discounts I have been getting at Bunnings when I present my APIA membership card have more than paid for my annual subscription!

Tim Duffett, Plan A Investments Limited