Blog | Quinovic

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How To Attract Long-Term Tenants

Between minimal marketing costs, less admin time finding new tenants and guaranteed rent, it’s no wonder why landlords frequently look for long-term tenants. In this blog, we break down the best ways to find potential tenants who are looking for a more permanent rental solution.

A roller-coaster ride for investors

Property investors had a roller-coaster ride through 2019 with the government stepping up its reforms of the Residential Tenancies Act (RTA), interest rates falling and rents in provincial centres playing catch-up.

Confident outlook for 2020

What does 2020 hold for residential property investors? Here at Quinovic we’ve been seeing good levels of confidence among our clients heading into the new year, with growth in property values in key areas expected to continue and increased demand for rental accommodation.

Your goals for 2020

With Christmas festivities behind us, many of our investors will be enjoying some quiet time after the hurly burly twists and turns of the residential property market in 2019.

Deductions ring-fenced

Inland Revenue (IRD) is reminding landlords that 2019-20 sees the start of new rules that mean residential property losses are now ring-fenced, meaning that they can only be used to offset income from residential property.

New Year Rent Schedule

We would like to remind you of the Christmas/New Year rent schedule which was included in the December newsletter.

Notice changes focus on periodic tenancies

It will be some months before the Government calls for submissions on its latest proposed changes to the Residential Tenancy Act (RTA) but the announcment last month by Housing Minister Kris Faafoi immediately drew fire from groups representing landlords.

Good time to invest

A substantial fall in interest rates has boosted the relative return from residential property investment above its long-term average for the first time since 2013 and Infometric economist Brad Olsen says it seems like a good time for landlords, despite increased regulation and rental quality controls.

Market talk for investors

KiwiSaver rules should be relaxed so that first home withdrawals can include investment properties in an effort to help to reverse New Zealand’s declining rate of home ownership, Interim Retirement Commissioner Peter Cordtz has said.

Rents soar NZ-wide

Every region in New Zealand had an annual increase in rent in July (the most recent month for which figures are available) as rental properties across the country continue to attract a lot of interest from potential tenants, according to the latest Trade Me Rental Price Index.

Insurance Details Please

Quinovic’s property managers are reminding landlords to supply insurance details for their properties as soon as possible. Under changes to the Residential Tenancies Amendment Act, landlords need to provide insurance information in any new tenancy agreement.

Flipping myths debunked

Auckland Property Investors Association president Andrew Bruce has set the record straight about some key myths around property traders using “flipping” as an easy route to riches. The idea that property traders are not taxed on any profit being made is wrong, he told landlords.co.nz