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.
Failure to install smoke alarms in his “ramshackle” rental property has left an Auckland landlord with a $2000 fine – and MBIE warning landlords not to overlook their obligations.
As the year draws to a close it is a good time to re-think and refine your role as a landlord and set your resolutions for 2018.
Here are a couple of helpful tips for landlords in relation to lost access and swipe cards and the use of candles in tenanted properties.
As a property investor, you usually have two main focuses with your investment:
You might not know it, but you need a Property Manager. And if you make the (wise!) choice to use one, you might also want to get a bargain. But have you also thought about all the hidden extras your money pays for?
Who’s responsibility is it to maintain the swimming pool and to provide the equipment to run a swimming pool?