For property investors, putting up their home for rent is a good way to secure another stream of income. The problem is, most new landlords fail to understand the complexities of renting out a property and often overcharge or undercharge tenants leading to more complicated issues down the line.
How long has it been since you’ve reviewed how your investment is performing? Your local LJ Hooker property manager can assist you in getting the best out of your property.
Your best investment opportunity might not be just out your front door, yet travelling across New Zealand to inspect a property may not be an option either. So, is buying sight unseen a wise decision?
Find out the key roles and benefits of using an LJ Hooker property manager.
LJ Hooker manages over 130,000 investment properties totaling $75 billion across New Zealand and Australia.
Moving into commercial property is an increasingly attractive option for many investors, so here’s the lowdown from some who have already taken the plunge.
It could. Housing Minister Phil Twyford said in a statement to Tenancy.co.nz that “The Government will consider the future of the Residential Tenancies Amendment Bill (No 2). No timeframe has yet been decided.”
With value increases tailing off, for investors it’s the year to focus on yield – and opportunities will be numerous despite the headwind of regulatory change.