When record low-interest rates came to New Zealand at the start of 2020, Bryce saw an opportunity. The chance to secure a long-term investment for his future was too good to ignore, which led him to browse through real estate listings.
If you’re new to being a landlord, ending a tenancy agreement may be foreign territory—with potential fines if you don’t follow the rules to the letter. Read on to learn the essential steps for ending both periodic and fixed-term tenancies.
Evicting a tenant is an extreme measure—one best avoided if at all possible. But if you’ve run out of options and all attempts to resolve and mediate have fallen through, here’s what you need to know before you proceed.
Regular property inspections are an essential part of being a landlord. From ensuring your investment remains in reasonable condition to fulfilling the obligations of your landlord insurance, there are plenty of reasons why inspecting your rental property is a good idea.
In short, yes. It’s not enough to rely on your body corporate insurance or your tenants’ home and contents insurance to cover you. Landlord insurance will not only protect your property from damage but also provide cover for other tenant-related situations, such as loss of rent.