Christmas Message It’s almost another year passed and Christmas will be with us in a few short weeks. We are looking forward to our Office Christmas Party and joining others in celebrating another fantastic year in the most beautiful part of the country. Please find enclosed your calendar for next year as a thank you…
Claiming expenses If you own a rental property you can claim a variety of expenses at tax return time. These must relate to the costs of generating rental income, and must not include costs for private use. Expenses you can claim Insurance and rates You can claim the cost of insuring your rental property and…
To Our Management Clients Insurance Company Fine Print As you are one of our Management Owners this is the explanation why we are thorough with our Inspections which your Insurance Company requires, I have attached an insert from one of those Insurance Companies Policy Documents We provide a regular comprehensive written Inspection Report with…
To Our Management Clients Insulation update – not long now. With under one year to go, landlords are again being reminded that they must insulate the ceiling and underfloor of their rental properties to the required standard by July 2019, if it is reasonably practicable to install. If they don’t, this is an unlawful act…
Tauranga Rental Statistics Rents in Tauranga have risen dramatically in the last 10 years with an average three bedroom house in an average location renting for $272 per week (MBIE Statistics) back in January 2008, in January 2018 the same house would rent for $465 per week, that’s a 70% increase or an average 5.5%…
Woe is Us For Being a Landlord This week one of our Owners sold their rental property. It was something of an emotional event, as it had been their first home, their first home until their little family outgrew it. It’s a fairly humble home in a humble area, but it’s saved by its location, a jaw-dropping…
Asbestos Contamination. The Health and Safety at Work (Asbestos) Regulations 2016 has been around for over a year with enforcement starting from the 4th of April 2018, most people will not know anything about this new Legislation particularly to do with Residential Rental Properties. As Landlords we must now know if our Properties have Asbestos…
Insulation is compulsory in all rental homes from 1 July 2019. Ceiling and underfloor insulation must be installed, where it is reasonably practicable to install. It must comply with the regulations and be safely installed. Wall insulation is not compulsory. Any new, replacement or top-up insulation installed after 1 July 2016 in a rental home…
Government passes ‘Healthy Homes’ bill, requiring all rentals to be warm and dry Phil Twyford’s Healthy Homes bill passes. After several tries in opposition, the new Government have passed a law requiring rentals to be warm, dry, and well ventilated. The law will require landlords to guarantee that any new tenancy from July…