19-Feb-2020
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22-Feb-2019
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
05-Dec-2018
Tips to navigate the post-letting fee world
*Note that for the purpose of this article we will distinguish ‘letting’ from that of ‘property management’ as understood in the New Zealand context. From 12th December, letting fees will be 'abolished'. By now, you should have received communications from your property manager explaining if and how you will be affected. Many have already advised their new fee structures to help th... read more
19-Dec-2017
Get ready for summer!
We've got together with some of our good friends to bring you a list of summer landlord tips. Take a look: Dean Larritt, Maintain To Profit Minimise the need for emergency repairs over the summer. Check that all of your rentals are secure by giving the door- and window- locks a once-over before you head off on holiday. Ron Goodwin December/January are typically high-churn m... read more
24-May-2017
5 not-so-obvious tips from obviously experienced landlords
Landlording is not rocket science but experience and attention to detail count a great deal. Here are five not-so-obvious tips experienced APIA landlords have to share with newbies: Tip 1: Find your inner Ebenesa Every landlord lives with this constant tug-o-war between our inner Ebenezer Scrooge and Mother Theresa. On the one hand, you are a property investor, and profit matters... read more
15-May-2017
Tips on collecting and handling your tenant's personal information
Landlords should not be at ease in light of recent reports characterising the Auckland rental market as being under significant demand pressure. Your applicant base expanding does not make it easier for you to find your next tenant. In fact, it should mean quite the opposite. Now is as good a time as any for all landlords and letting agents to review your vetting process an... read more
13-Feb-2017
Pi$$ing dogs and a pot of oil: Where we are at with Holler v Osaki
In 2009, Mrs. Osaki left the pot of boiling oil on the stove, left the kitchen, and soon forgot about it. Her absent-mindedness not only led to significant fire destruction of the (rented) property but also set off a chain of judicial events that culminated in the controversial Court of Appeal judgment Holler & Rouse v Osaki & Anor [2016] NZCA 130 [15 April 2016] -... read more
06-Apr-2016
Health & safety post April 2016 - FAQ for landlords
The Health and Safety at Work Act came into effect on the 4th of April 2016 leaving the landlord/property management community with a lot of anxious questions. APIA Vice President Peter Lewis attended last night's HSWA training workshop presented by Worksafe New Zealand and shares the following information: Related article: Get ready. HSWA goes live soon. Q: Does the HSWA apply t... read more
12-Mar-2016
The best piece of advice you will ever receive as a landlord
Have you ever wondered why is it that tenants get away with not paying rent but landlords dare not miss any mortgage repayments? Why is it that some tenants would prioritise making car lease payments over rent? While there are many lessons we can learn from traditional businesses, such as banks and leasing companies, immediate consequence has to be at the top of that list. As human be... read more
08-Dec-2014
What is fair wear and tear?
Unlike most commercial leases which can require tenants to leave the property as they found it, residential landlords are expected to inherit fair wear and tear by the tenants at our own costs. It goes without saying that there is a very fine line between fair wear and tear and what constitutes damages. Understandably both parties to a residential tenancy have good reasons to take a diagram... read moreRecent Posts
- Don't take legal advice from RE agents
- Claiming meth testing cost from the tenant
- Can tenant be reimbursed for piped water when the water tank fails?
- Can HHS ventilation ducting be merged?
- HHS heating to be installed right now?
- Is GST payable on all the properties held by a trading entity?
- All for the kids
- Ryan Smuts: I own a Kiwibuild, how do I make a start at investing in property?
- RTAA2020 - the thereafter
- Debbie Roberts: You totally don't need a 6-figure income to invest in property
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