APIA Blog

RSS Feed

Landlording
{{name}} - APIA Auckland Property Investors
03-Feb-2021

Landlords would do well not to underestimate the RTA

Mainstream commentary on the Residential Tenancies Amendment Act 2020 (RTAA 2020) is grossly preoccupied with the removal of the 90-day no-fault termination notice. At times, it even exaggerates the (detrimental) consequences landlords will be made to suffer post 11 February seeing as the proverbial rug is about to be pulled out from under us. We disagree and offer this reframe - That... read more
Landlording
{{name}} - APIA Auckland Property Investors
26-Jan-2021

Bond - it is the tenant’s money

We generally understand and talk about bonds as security deposits; on the one hand, they give a landlord the peace of mind to rent to a stranger and on the other hand cushion a tenant against onerous financial burden should a claim be made against him at the end of the tenancy. What we tend to be less mindful of is that ultimately, the bond is the tenant’s money and the law recog... read more
Tribunal case study
{{name}} - APIA Auckland Property Investors
14-Dec-2020

Cause and consequence are two different things

Landlords seeking compensation for damages caused by tenants should take care to prove the cause, not just the consequences, of the damage as VNG RENTALS LIMITED vs Xu [2020] NZTT Auckland 4269426 demonstrates. Facts On or about 2 May 2020, the bathroom of the apartment flooded. Water leaked into the adjoining apartment resulting in an approx $4.5K damage. In an email to the ... read more
Landlording
{{name}} - APIA Auckland Property Investors
09-Dec-2020

Rent increase after substantial work: not a case of $1-in-$1-out

From time to time, investors almost flippantly assume that any expenses incurred improving the property can be directly recouped from the tenant by way of rent increase on a $1-in-$1-out basis. Monarch Realty Ltd v Alchin-Boller [2020] NZTT Hamilton 4277248 is a reminder that this is not the case. At least not quite. Facts The landlord sought the tenant’s consent to increase th... read more
Landlording
{{name}} - APIA Auckland Property Investors
17-Nov-2020

Termination invalidated by a mere diary entry

Re: Atkinson v Monarch Realty Ltd [2020] NZTT Hamilton 4279083 Facts 5th July 2020 - Leak discovered at the property due to lack of maintenance 11th August to 9th September 2020 - Remedial work carried out 1st September 2020 - Citing a lack of confidence that the tenant would property ventilate (and therefore look after) the property, the property manager recommend... read more
Landlording
{{name}} - APIA Auckland Property Investors
15-Oct-2020

Don't take legal advice from RE agents

Here is a reminder not to allow the property professional you work stray out of his lane: An APIA member recently bought a property with a tenant in situ. She did not require vacant possession and was quite prepared to keep the existing tenant on the property. Like most reasonable buyers, this member asked for a copy of the tenancy agreement, rent and management records. Nei... read more
Landlording
{{name}} - APIA Auckland Property Investors
13-Oct-2020

Claiming meth testing cost from the tenant

The recent publication of Brooking v Imrie [2020] NZTT Timaru 4216438 gives some insight, albeit sketchy, into what the Tribunal looks for when ordering a tenant to compensate the landlord for meth testing. The facts This is a cross-application case concerning a periodic tenancy from July 2017 to October 2019. The circumstance of the tenant’s exit was somewhat unusual. The ... read more
Landlording
{{name}} - APIA Auckland Property Investors
15-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 more
Landlording
{{name}} - APIA Auckland Property Investors
28-Aug-2020

Trust beneficiary's ability to move into the rental property remains up in the air

A common question that has been circulating in the lead-up to the Residential Tenancies Amendment Act 2020 coming into effect: Whether a tenancy at a trust-owned rental property can be terminated under s 51(1)(a)? The current s51(1)(a) requires the landlord to give a 42-day notice to terminate if the owner or any member of the owners' family intend to move into the property as a principa... read more
Landlording
{{name}} - APIA Auckland Property Investors
04-Aug-2020

Louise Benson: How to vet and on-board a first-time renter

Most of us have been tenants at some stage in our lives, but there was always that first time. As property managers, working with first-timers requires flexibility and sometimes, creativity. When an application has been received by someone completely new to renting this can prove challenging. We may only have the applicant’s parents or a disgruntled ex... read more
Next

Recent Posts

Tags

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

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