Blog | Quinovic

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The P Problem - Dealing with meth-contaminated properties

Methamphetamine (P) contamination is a growing concern for owners and property investors nationwide, with some being forced to spend tens of thousands of dollars on cleaning up their properties.

Focus on meth testing complexities

The media focus on increased concern about methamphetamine use in rental properties switched last month to questions about the reliablity of testing and the applicability of NZ Standards for measuring contamination.

Accidental damages: what does the Court of Appeal’s ruling mean for you?

You’ve probably heard about the recent accidental damages case – the one in which the Court of Appeal ruled that the landlords were liable for damage accidentally caused by their tenants.

'Accidental investors’

The focus remained on the Auckland market last month as CoreLogic data said investors accounted for 43% of sales in the first quarter of this year and the second quarter likely to be around 45%.

New offices for property hot-spots

June 1 was a red letter day for Quinovic with the opening of two new offices in the Auckland region. The offices, in Glenfield on Auckland’s North Shore and Warkworth on the Kowhai Coast 64km north of the Super City CBD, bring the number of Quinovic franchises around New Zealand to 29.

How to prepare your home for the rental market

Good tenants are gold. They pay rent on time, every time, and treat your home as their own. To add to the peace of mind of knowing your home is being well looked after, good tenants usually mean fewer issues, lower maintenance costs, regular income and increased value growth.

Don’t delay on smoke alarms

The next month should see proposed amendments to the Residential Tenancies Act being signed off and coming into effect from July 1 as part of the government’s push for warm, dry, safer homes. A key requirement is for working smoke alarms in all properties.

Rents rise in many areas

Our property managers around New Zealand are hearing from many investors seeking advice on whether their rents are set at the right level, or whether it’s time to seek an increase to cover rising ownership costs and improve yields as values rise in many areas.

What to look for in a property management company

Whether you own one property or twenty, being a landlord can be challenging, especially if you’re also juggling a career and family. If you leave your property in someone else’s care, on the other hand, you can relax and spend more time doing what you’d rather be doing. But who should you leave it with? And what standard of service should you expect?

How to pick a good investment property

“If you are clear about what you’re looking for, now is as good a time as any to invest,” iFindProperty CEO, Lisa Dudson says. Obviously investing in residential property is a big commitment, especially if you’re just starting out, and the range of residential properties on the market varies significantly.

More restrictions on the way?

As the Auckland property pressure cooker builds up more steam, amid reports of SuperCity investors increasingly seeking better returns in the regions, there’s growing interest in whether the Reserve Bank will move to impose further restrictions on the property market.

Smart investing for the long term

At Quinovic we find investors who set long term goals and consistently make pragmatic decisions about buying and owning properties tend to enjoy the greatest rewards.