Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

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  • 10 Podcasts that will make you a more successful investor
    If you want to grow a successful portfolio and live a more accomplished life, you have to find ways to replenish and feed your mind constantly.  Over the last few years, podcasts have emerged as a go-to tool for the busy investor who has a maxed-out schedule that is too tight to juggle in another business book.  The great thing about podcasts is that they are easy to produce and even eas...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Effective networking tips for property investors
    Most investors understand that to become successful, you must network.  But so often networking gets cast aside as one of those tedious and dreadful tasks that are somehow less important than buying properties, vetting tenants, and adding value.  For the eternally-shy amongst us, networking is daunting, uncomfortable, and inauthentic.  For the ever effervescent energy balls, enthusi...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • 5 minutes with Paula Robinson and Bevan Warn
      Paula Robinson and Bevan Warn are no property newbies. By the time they met in 2011, they have both accumulated over 30 years experience in property and landlord. Being enthusiastic about their investments as well as networking with fellow investors, Paula and Bevan have kindly put their hands up to host the regular Warkworth investor networking group that will start its first mee...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Landlord Q&A - Health and safety policy requirements for landlords
      We are landlords of both commercial and residential properties and have been advised that we are required to have a Health And Safety Policy And Plan. Is that correct? If so, what should the policy/plan cover?   Under the Health and Safety at Work Act 2015 (“Act”) commercial landlords and (at times) residential landlords are Persons Conducting a Business or Undertaking...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • How to build your B&H dream team
    It is often said that real wealth with property comes with time.  You are more likely to succeed if you take the long-term approach to accumulate both cash flow and capital gain over time.  Which is why it is so important for any investor to build a strong investment team, not just for now, but for the long term.  The goal here is for all the elements of your team to come together like a...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Peter Lewis: DTI is but a band-aid solution to the bigger housing crisis
    Reserve bank Governor Graham Wheeler has been working for some time to reduce the risk that he sees in the New Zealand banking system, mainly centred on house price inflation and low dairy product returns. Now that the milk market has turned up again, property prices and the related mortgage lending seem to be his main target. He has already attempted to restrain the demand for hous...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Peter Lewis: Rent control is not the answer to fairer housing
    We sometimes hear advocates for residential tenants claim that rents should be subject to price control. They say that rent controls provide long-term security for renters, and tilt the balance of power away from landlords towards the tenants. This, in their view, makes for a fairer housing market in which households with lower incomes cannot easily be pushed aside by landlords keen...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • What you need to know about the proposed amendments to the Residential Tenancies Act
    This week the Government introduced the Residential Tenancies Amendment Bill (2) to Parliament.   There are three main parts to this Bill that are worth noting by landlords:  Tenants liability for damage  Since Holler v Osaki, tenants are no longer liable for damages they unintentionally cause to a rental property.  This Bill addresses the inherent inequitable outcome Holler has cost...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • 5 not-so-obvious tips from obviously expeirenced 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.  ...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • 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 and t...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Building Q&A - Building contracts
        I am building a home first time and needed advice on the contracts that builders will sign since I hear that builders hardly ever sign much and that contracts are weak in terms of getting good quality / trustworthy service to completion. Can you tell me if they will sign sundowner clauses, a penalty clause for time and cost overrun? Also, will they agree to receive the last 5% or...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • 12 skills future millionaires develop in their 20s
    The start of any new journey is undoubtedly daunting and rudderless. Wealth building is no different. Newcomers to the property market often struggle for a clear direction. You know where you want to get to, you just don’t know how to get there.   Over the years, we have had the great pleasure of accompanying many APIA members on their own personal wealth journey. We have seen impressiv...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Finding great property deals in a competitive market
    Have you ever asked yourself why is it that some investors are actively investing in this market while others have stopped?  When we hear 'the market is just too expensive to invest in' often enough, it is easy to trick our brains into accepting that as an absolute fact.  Don't lose sight of the fact that everyone is in a different situation.  A market that is simply too hot for another ...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Landlord Q&A - Extra Airbnb income for landlords?
    If a landlord’s consent is being sought for the tenant to sublet the property to Airbnb guests and in return for the consent the tenant offers a percentage of the Airbnb earnings, could the landlord legally accept that offer under the RTA?      Interestingly, the Tenancy Tribunal has recently ruled that Airbnb is subletting and so the tenant requires the owner’s written consent...
  • Hosting Airbnb at rentals deem a breach of RTA
    Airbnb is one of those Eureka! ideas that make you kick yourself for not having thought of it first.  It makes complete sense, why have a spare room sitting around doing nothing when you can make a good side income out of it?  After all, we live in a sharing economy that is increasingly divorced from traditional economic models and embraces social entrepreneurship.  And in that spirit, w...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • 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] - a decision...
  • Meth: a tale of woe
    Peter Lewis recounts the below experience of an APIA member clawing his way through a meth contamination nightmare.  Take a read:  Joe (not his real name of course) owns a property in the northern suburbs of Auckland. There are three residential houses on this property, and Joe rents them all out to support himself in his old age. After one of the houses became vacant, Joe retained the prop...
  • Bogeymania: the great insurance misdirection
      All the hype surrounding P contamination in rental property is leading many to assume that meth is the undisputed bogeyman for all landlords. The thing about the bogeyman is that it is a figment of our overactive imagination, irrationally based, and conveniently served up to distract us from what matters. Yes, meth contamination is frighteningly possible at rental properties. But just...
  • Peter Lewis: Social housing and long term tenancies
      At a recent seminar, Philanthropy New Zealand promoted the idea of private investment into social housing. However, under the current Residential Tenancy Act legislation, it is unlikely that these efforts will be successful as there will be minimal return available to such investors given current rental legislation. Contrary to public perception, residential property investment in New...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

  • Landlording Q&A - Should I give a written reference?
      My out-going tenant is requesting a reference in writing.  Should I give it?      Landlords are not under any legal obligation to give their tenants references.  When you act as a referee for an ex-tenant, you do so out of goodwill.   Should you give your reference in writing?  You are, of course, free to do so but we recommend that you do not.  Giving reference is such a fre...
  • Get ready for interest rate hikes
    With interest rates having remained suppressed for as long as they have, chances are many investors are not entirely prepared for the coming rate rises. And rise they will. There is nothing sinister or extraordinary happening.  The same economic entropy that has been pushing the rates down for so long is also responsible for nudging them upwards in recent months. And it is happe...
  • The best ways to manage a difficult tenant
      The daisy lady got me thinking about difficult tenants. Be a landlord long enough and you are sure to get one of those. You know the one. She takes up 90% of your time and energy making the others look like a day at the beach. She rings you at 10pm because the carpet has peeled off from the floor and leaves five voicemails in the space of an hour because everything is urgent and p...
  • Stop it! 17 bad habits to ditch in 2017
    While we are resolutely not fans of New Year's resolutions (see what I've done there
  • How to prosper in 2017: 17 tips to become a better property investor
    Fun fact, the month of January is named after the Roman god Janus.  Janus had two faces - one looking backward, and the other looking forward.  The ancient Romans imagined that on the 31st of December each year, Janus looked simultaneously backward to the year that was, and forward to the year that would be.  And thus became the tradition of the new year's resolution when every January, ...
  • Sarina Gibbon: Evidence vs Eminence: Are you impressed or just infatuated?
    Get comfortable, because I have a story to tell… I recently found myself taking in a talk on investment and how to be good at it. That, in itself, is ordinary enough. My role here at APIA takes me to these sessions from time to time and from there I get inspirations for upcoming contents, speakers, and resources. You will often find me, sitting in the audience, frantically typing aw...
  • NZS8510 - What property owners need to know about meth decontamination and detection standards for now
    Standards New Zealand has, as of yesterday, published Draft Number DZ8510 - NZS8510 - Testing and decontamination of methamphetamine-contaminated properties for public comment.  Though DZ8510 is but a draft which will most certainly be altered before final publication, it is an opportunity for property investors to get insight and give feedback on the likely standard. Full text of DZ8510 c...
  • Peter Lewis: DTI will not solve the housing crisis
      Reserve bank Governor Graham Wheeler has been working for some time to reduce the risk that he sees in the New Zealand banking system, mainly centred on house price inflation and low dairy product returns. He has already attempted to restrain the demand for housing by introducing restrictions in investor loan-to-value ratios, thus limiting the amount that the main trading banks ca...
  • Government signalling partial reversal of Holler v Osaki
    For some months, the New Zealand Property Investors' Federation (the NZPIF), the Tenancy Tribunal and other key tenancy organisations have been in dialogue with the government as well as major party leaders to give feedback on how Holler v Osaki affects the landscape of residential tenancies in New Zealand.  Legitimate concerns have been raised by these groups that Holler has the ...
Auckland Property Investors' Association
Auckland Property Investors' Association
Blog Article

New blog articles detected.

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