Low Vacancies and Less Property Investors?
The following from Glenn Morris is an interesting comment on the tightening rental markets. I predicted years ago that the removal of building depreciation would bring a crisis point for many investors when their returns suddenly showed a profit. Now we will see what will become of it.
How to advertise rental properties on the internet
Maximise your rental property re-letting chances with a well thought out advert with eye catching appeal. How do you make your advert stand out from the rest? Here are a few tips which can deliver the goods and avoid your advert being one of the crowd.
Where will interest rates go in 2013?
Mortgage rates are the lowest we have seen in 50 years and there is little chance of significant interest rate rises in the near future. Now is a great time to review your position and make plans for your property portfolio.
Are short or long term tenancy agreements better?
Some Property Managers charge a letting fee to new tenants which is part of their income, ergo the more short term tenants they sign up the higher their income. Some may actively select short term tenants because of this. How does this work out for the landlord?
Why Labour’s KiwiBuild policy will create higher house prices
Labour’s KiwiBuild plan is one of the dumbest ideas I’ve heard of in a long time to reduce the price of houses. Gifting money to first home buyers would create significant momentum for another housing boom once the equity can be utilised for further borrowing. It’s such basic economics that you have to wonder if it’s a cynical vote-buying trick to have a shot at getting back into Government in 2014.
New Youth Service redirects rent payments to landlords
In August, the Government introduced Youth Service and it appears non Government agencies have been contracted to run the scheme. Young Parent Payment is a weekly payment for 16 to 18 year old parents who have dependent children and are in need of financial assistance.
