APIA Blog

RSS Feed

{{name}} - APIA Auckland Property Investors

OCR predictions - should they be taken seriously?

This week's question comes from Pat (paraphrased): The Internet is riddled with OCR predictions. Every commentator sounds just as learned and trustworthy as the next. How seriously should property investors take these predictions? To answer this question, we've turned to Ryan Smuts from Kris Pedersen Mortgages & Insurance. Ryan, take it away! 'While ... read more
{{name}} - APIA Auckland Property Investors

Peter Lewis: How much is too much?

Recently we have had a friend call us. She lives in Melbourne but has a rental property in West Auckland. The tenant has just moved out, so the friend had come over to Auckland for a week to see how it was all going. She asked for me to go with her to visit the now-vacant property, carry out a full property inspection, and see what would need to be done to keep the place complian... read more
{{name}} - APIA Auckland Property Investors

Rumour has it...

Landlords are, understandably, feeling vindicated and excited about the RTAA 2019 which now makes tenants liable (up to a certain extent) for carelessly damaging the property. But Parliament being Parliament, its legislative language leaves much to be desired. It should come as no surprise then that various hot-takes arrived at different conclusions as to exactly how will the tenants be ... read more
{{name}} - APIA Auckland Property Investors

Ryan Smuts: What investors need to know about the recent OCR cut

The OCR has been cut recently by 0.5% - a lot higher than many economists were initially expecting. What might this mean for the borrower? Over the last fortnight, we at the Kris Pedersen Mortgages team have seen some key effects come into play: across the market floating rates have dropped and in many cases, as much as 0.5%. Lenders like ASB for example took their floating rate down f... read more
{{name}} - APIA Auckland Property Investors

Is the RTAA insurance disclosure a step too far?

This week's question comes from Sue: I have just been advised that with the changes to the Residential Tenancy Act my property manager needs to file my insurance policy pertaining to our rental and the amount of excess and supply both to our tenant on request. Do you have an opinion on supplying such information to a tenant? I understand it has become law, but it seems like a gr... read more
{{name}} - APIA Auckland Property Investors

RTAA 2019 - a partial reversal of Holler

The Residential Tenancies Amendment Bill (No 2) received its Royal Assent on 30th July 2019 bringing about significant changes for landlords to pay attention to. One such change concerns careless damages caused by tenants at rental properties. Note that this commentary relates only to careless damages caused by tenants at rental properties. 1. Background Prior to 2... read more
{{name}} - APIA Auckland Property Investors

Hardwired smoke alarms at rental properties

This week's question comes from Zosie (paraphrased): Is there a law governing smoke alarms that are wired into house alarms? Who is authorised to check that these alarms are in working order and how often do they need to check it? In answering Zosie's question, we will be speaking specifically about residential tenancy setting aside any issues relating to building, ... read more
{{name}} - APIA Auckland Property Investors

Extending fix-term tenancies

This week's question comes from John (paraphrased): What notice, if any, is required to extend a fixed-term tenancy? There are a couple of ways to keep a tenancy live, so to speak, at the end of a fixed-term agreement. Option 1: The tenancy continues as a periodic tenancy at the end of the fixed-term. Any fixed-term tenancy that is longer than 90-days automatica... read more
{{name}} - APIA Auckland Property Investors

Peter Lewis: Selecting a new tenant

Acquiring a new tenant for a residential rental is always a stressful time, stressful for both those applying for the tenancy and for the landlord. The landlord is generally in the position that he is receiving no rental income from that property, but of course his costs in the form of rates, insurance, and most likely mortgage interest relentlessly continue every day. Thus the lan... read more
{{name}} - APIA Auckland Property Investors

Template certificate for rental insulation

This week's question comes from Paul (paraphrased): Where can I download a template certificate for insulation at rental properties? Perhaps it would be prudent to preface the answer somewhat. To be clear, an insulation certificate is not the same as an insulation statement. The latter is a mandatory requirement for your tenancy agreement under both Minimum Standards and Healthy ... read more

Recent Posts


Tags

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

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