TAURANGA RENTALS LTD
MREINZ
  • Home
  • Our team
  • Rentals
    • Tauranga Area
    • Papamoa/MT Maunganui
    • Rural
    • Tenant Application
    • Tenant Responsibilities
    • Tenant Login
  • Landlords
    • Healthy Homes
    • Landlord Login
  • Newsletter
    • Media
  • Contact

Market Rents

May 17, 2016Tauranga Rentals

Dan gets approached on a monthly basis from the Bay Of Plenty Times and Weekend Sun reporters asking what is happening with our rents. The simple answer at the moment is that we are looking for new properties to rent on a daily basis as we have very low levels available in Tauranga and there is still a high demand from potential Tenants so the Market is saying Low Supply + High Demand = Rising Rents.

So what does that mean for you? Is the rent you are receiving for your Rental Investment a fair reflection of the current market? Are you subsidising your current Tenant by not charging Market Rent? Are you losing money by not charging Market Rent?

We continually get asked to appraise our Owners Residential Rental Investments, it is part of Tauranga Rentals Ltd Best Practice Procedures to review our Management Owners rents on a regular basis, we review them informally every three months when we do our regular Inspection, we formally review them every six months and we will always raise them on an annual basis to keep up with the market as Owners costs continually increase and it is not fair to increase Tenants Rents by large amounts which puts unfair financial pressure on them.

If you are a private Landlord and you are concerned you are not charging Market Rent for your Investment we are offering Rent Appraisals on the basis should you need a Property Management Company services you will call us.

After it has been decided to raise the rent a Tenant must be given 60 days’ notice in writing that their rents are going up, and should you need it, proof the increase is warranted.

So before you lose any more money call us now for that appraisal.

Christmas Rents

We always make our Tenants aware of the banks not paying APs on Public Holidays and that they need to insure they have money in their accounts for the next working day

Merry Christmas from Dan & The Team at Tauranga Rentals Ltd

If you would like me to expand on any point in this article please contact Dan on: dan@taurangarentals.co.nz or phone 07 571 1025

P.S. To provide a better service to you, if we don’t already email you this Newsletter, please respond from your email.

Archive

  • May 2022 (1)
  • April 2022 (1)
  • March 2022 (1)
  • February 2022 (1)
  • November 2021 (1)
  • October 2021 (1)
  • September 2021 (1)
  • July 2021 (1)
  • June 2021 (1)
  • May 2021 (1)
  • April 2021 (1)
  • March 2021 (1)
  • February 2021 (1)
  • November 2020 (1)
  • October 2020 (1)
  • September 2020 (1)
  • August 2020 (1)
  • July 2020 (1)
  • June 2020 (1)
  • May 2020 (1)
  • March 2020 (1)
  • September 2019 (2)
  • August 2019 (1)
  • July 2019 (1)
  • June 2019 (1)
  • May 2019 (1)
  • April 2019 (1)
  • March 2019 (1)
  • February 2019 (1)
  • November 2018 (1)
  • October 2018 (1)
  • September 2018 (1)
  • August 2018 (1)
  • July 2018 (1)
  • May 2018 (1)
  • April 2018 (1)
  • March 2018 (1)
  • February 2018 (1)
  • October 2017 (1)
  • September 2017 (1)
  • August 2017 (1)
  • July 2017 (1)
  • June 2017 (1)
  • May 2017 (1)
  • April 2017 (1)
  • March 2017 (1)
  • February 2017 (1)
  • December 2016 (1)
  • November 2016 (1)
  • October 2016 (1)
  • September 2016 (1)
  • August 2016 (1)
  • July 2016 (1)
  • June 2016 (1)
  • May 2016 (4)
© 2016 Tauranga Rentals Ltd. taurangarentals.co.nz: Web Development Tauranga: CreativeQ.co.nz