In what’s been described as the biggest overhaul of tenancy laws in thirty-five years, a number of tenancy reforms came into effect in February 2021. The bulk of these reforms have been designed to improve the wellbeing of renters and address issues like instability, uncertainty, and disruption to tenants and their families. If you are a landlord or a renter, here is an outline of the tenancy reforms already in force and those still to come.
Renovating a rental property can be a costly exercise but making improvements to the property can yield a healthy return. To ensure you’re maximizing your investment, it’s important not to overcapitalize, to stick to your budget, and to use durable products and materials. If you are considering renovating your rental property, ask yourself these 3 questions first.
Topics: Property Investment, Rental Property, Investment Property, Renovations, Home Renovations, NZ Mortgage Adviser, Rental Property Renovations
It’s no surprise that more and more astute investors are turning to property as a way to grow capital. Like all investments though, buying an investment property takes careful research so you know what you’re getting into and what the pitfalls are to avoid. To help you stay on top of the property investment game, here are 3 common mistakes to avoid.
Topics: Property Investment, Rental Property, Investment Property, NZ Mortgage Adviser, Home Buying Traps, Buying a home
Owning an investment property has long been a part of the Kiwi dream. For many first-home buyers, buying a smaller rental property in a cheaper area can be just what they need to get a foot onto the property ladder. For savvy investors, it’s an opportunity to generate wealth. But before you jump in head first into property investment, take a look at these 3 simple steps to get you started.
Topics: Property Investment, Rental Property, Investment Property, NZ Mortgage Adviser, Home Buying Traps, Buying a home
Across the country, house prices dipped in December 2016, while in Auckland prices remain “seriously unaffordable”. It’s not surprising then, that more and more buyers are considering their options for housing investments to gain a foothold on the property ladder. We ask the question, are there any options left for first home buyers?
Topics: Investment Property, First Home, LVR, Home Buyers
