Auckland Property Investors' Association

Auckland Property Investors' Association

Category: Content
Type: Blog Article

Generated 1 week ago

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

Category: Content
Type: Blog Article

Generated 3 weeks ago

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

Category: Content
Type: Blog Article

Generated 6 months ago

New blog posts detected

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