APIA Blog

RSS Feed

Q&A
{{name}} - APIA Auckland Property Investors
23-Apr-2021

Ending an unsigned FT extension early

This week's question comes from Kowie S: We had a fixed-term tenancy from the end 2019- end 2020. Our landlords reached out close to the expiry date and offered us a 1-year extension via email. We responded by stating we would be happy to extend and asked that they would let us know when we can discuss and sign the contract. They replied by saying no need to sign, they will just change the... read more
Q&A
{{name}} - APIA Auckland Property Investors
12-Jan-2021

Ending a fixed-term tenancy to sell

This week's question comes from Rob (paraphrased): I want to sell a property that is currently subject to a fixed-term tenancy (term expiring 22nd February 2021). I need some downtime between the tenancy and the listing to tidy up the property. In light of the RTAA, what notice should I give to terminate the tenancy? Also, for the first time, the tenant had missed a rent payment, if I give... read more
Q&A
{{name}} - APIA Auckland Property Investors
04-Jan-2021

How much to increase rent by in response to RTAA 2020

This week's question comes from Joss: What rent premiums are landlords typically applying to addressed increased risks associated with the Residential Tenancies Amendment Act 2020? Without a doubt, certain provisions of the Residential Tenancies Amendment Act 2020 (RTAA 2020) shift the balance of risk and reward against landlords. Anecdotally many of our members have indicated that th... read more
Q&A
{{name}} - APIA Auckland Property Investors
21-Dec-2020

What's my HHS compliance date?

This week's question comes from Cliff: My property is not yet fully HHS compliant, how should I fill in the compliance date on the HHS Compliance Statement? Actually, we expect this to be a common situation many landlords find themselves in. There are several deadlines for the Healthy Homes Standards (HHS) between now and July 2024. While the HHS Compliance Statement is now compu... read more
Q&A
{{name}} - APIA Auckland Property Investors
14-Dec-2020

Brightline application for 'private transfer' of inherited properties

This week's question comes from Irene B and the answer is kindly provided by Amanda Watt of Shortland Chartered Accountants. The answer is intended to be for general information only and not tax advice. We inherited a residential property which was also in a Company ( we inherited the company). After a time we sold this property from the company to a trust. The only two directors of... read more
Q&A
{{name}} - APIA Auckland Property Investors
22-Oct-2020

Tenant requesting permission to occupy after termination

This week's question comes from Maggie: I issued a 90-day notice for termination on 5th November. The tenants have asked if they can stay longer as they can’t find a home. I still want to terminate but am flexible with the date of exit. I gave notice in this instance as these are not tenants I want once the RTAA2020 termination rules come into effect. What’s my position if I allow them to ... read more
Q&A
{{name}} - APIA Auckland Property Investors
12-Oct-2020

Can tenant be reimbursed for piped water when the water tank fails?

This week's question comes from Anonymous: My tenant (from 2016 to 2020) has made a Tribunal application against me. She is claiming, among other things, reimbursement of water rates due to the roof and gutters not being cleaned rendering the water tank unusable. Is that a valid claim? Without further information, we assume the following: That the property has both reticulated water... read more
Q&A
{{name}} - APIA Auckland Property Investors
09-Oct-2020

Can HHS ventilation ducting be merged?

This week's question comes from Lara: My rental has a bathroom right next to the kitchen. Can the ducting of the bathroom extractor and kitchen extractor be joined and vented out of the house together for HHS ventilation purposes? Yes, so long as both extractor fans meet the size/capacity requirement (i.e. >150 mm diameter/exhaust capacity > 50 litres per second for anything ins... read more
Q&A
{{name}} - APIA Auckland Property Investors
09-Oct-2020

HHS heating to be installed right now?

Question from Janak: Do I have to provide heat pumps right now before a property manager can rent out my unit? My property manager says heat pumps are needed before they can advertise and rent out the property. Your question goes to how the compliance deadline interacts with the terms of your management authority: All private rentals must comply with the heating standard within 90 day... read more
Q&A
{{name}} - APIA Auckland Property Investors
29-Sep-2020

Is GST payable on all the properties held by a trading entity?

This week's question comes from long-time APIA member Mary M and the answer is kindly provided by Amanda Watt of Shortland Chartered Accountants. The answer is intended to be for general information only and not tax advice. We have a GST registered property entity set up initially for trading. If that entity is holding more than one property and not all of them are for trading, do we... read more
Next

Recent Posts

Tags

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

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