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Landlord Tips

Buying and renting out an investment property is a big decision. It's easy on the surface but there are many things to consider:

  • The type of property and the best location
  • The changing rental market
  • Choosing a tenant
  • Tenancy laws
  • How much and where to spend money to maintain your investment
  • The amount of your time which will be taken up.

Our Professional property managers work in your best interests. When they manage your property they will:

  • Take responsibility for tenanting it and manage the relationship with the tenant
  • Ensure that rent is paid on time and in accordance with the tenancy agreement
  • Ensure the maintenance of your property is kept up-to-date
  • Act on your behalf so that you have an arm’s length relationship with the tenants. This is particularly useful in any negotiation, review or termination of tenancy
  • Maintain a comprehensive knowledge of legislation that may affect your investment
  • Keep you informed.

As an investment property owner, you want to know that your property is being managed by a team of professional, ethical and caring people. This is what Professionals strives to achieve for all of their investment property owners (Landlords). Professionals can offer you a personalised service, from purchase through to finding a quality tenant who will treat your property as their home.

Obligations - A landlord must:

  • Give the tenant receipts for rent if the tenant pays in cash.
  • If asked, give the tenant a statement saying what period the rent paid relates to.
  • Give the tenant 60 days written notice of a rent increase.
  • Give the tenant 48 hours notice of an inspection.
  • Give the tenant 24 hours notice of entry to make repairs.
  • Inform the tenant of any intention to sell the property.
  • Make sure the locks and fastenings are working and are adequate.
  • Make any necessary repairs within a reasonable time period.
  • Reimburse the tenant for any urgent repairs required (providing the tenant attempted to notify the landlord before proceeding).
  • Make sure the property is clean and in a fit and habitable condition at the beginning of and during the tenancy.
  • Pay all outgoings; rates, insurance, land tax etc.
  • Take reasonable steps to ensure that tenants aren't disturbed by the landlords other tenants.

A landlord must not:

  • Ask for more than two weeks rent in advance at the start of the tenancy.
  • At any stage during the tenancy, ask for more rent in advance to be paid.
  • Inspect the property more than once in four weeks, except as allowed for to check on work done by the tenant.
  • Harass the tenant.
  • Interfere with, or allow others to interfere with a tenant's reasonable peace, privacy and comfort.
  • Interfere with the gas, water, electricity supply or telephone.
  • Unreasonably withhold permission for a tenant to sublet or assign the tenancy to someone else if not prohibited by the Tenancy Agreement.
  • Change the locks without the tenant's consent.
  • Enter the property except as permitted by law or with the tenant's consent.

Contact our office to find out more about renting through Professionals.

You can find a lot of information for landlords on the Department of Building and Housing’s website: http://www.dbh.govt.nz/landlords-index

If you need further assistance while looking to rent or renting your property, please contact us.