APIA Blog

RSS Feed

{{name}} - APIA Auckland Property Investors

Rent (un)affordability: It is not how much landlords spend, it is how much tenants make

Given the drastic nature of the government’s Housing Package, it is hardly a surprise to see rental (un)affordability being thrust into the forefront of our national psyche. In the immediate aftermath of the 23rd March announcement, social media was ablaze with talks of a wholesale rent spike. Uncertainty and fear dominated the moment. And trigger-happy-finger-tapping housing market stakeho...
read more
{{name}} - APIA Auckland Property Investors

Privacy and renting - a brain dump for landlords

Many of our members are aware that we have been interacting with the Office of the Privacy Commissioner (“OPC”) to assist with its current examination into personal information collection practices in the rental sector. Our intention is to put forward our members’ perspective and to provide the OPC with constructive input as to why and how landlords collect certain information. We exp...
read more
{{name}} - APIA Auckland Property Investors

Monique Oosterbaan: What I get out of my APIA membership

Having read a few books that suggested joining my local property investors association, I did a bit of investigation to find out exactly what these groups were about. I found APIA and decided to join immediately. I was pleasantly surprised from the outset at just how friendly everyone was, from the APIA admin as well as the members willing to answer any of your question...
read more
{{name}} - APIA Auckland Property Investors

Therese Bisquera: What I get out of my APIA Membership

As a newbie investor, one of the best things that APIA has done and continues to do for me is keep me informed of changes in the property investment space so that I can better prepare myself to come out on top. I love hearing from all types of investors through APIA - new or well experienced. I am an avid learner. A geek even. There are nuggets of information and ah-ha! mome...
read more
{{name}} - APIA Auckland Property Investors

Maximum occupancy - don’t sit on your rights

Knowledge or acquiescence of a tenant exceeding maximum occupancy could invalidate a subsequent claim for exemplary damage. RE: Driskel v Zoetebier [2021] NZTT Hutt Valley 4271298, 4277832 This is a claim and counterclaim hearing that covers a number of issues in connection to the tenancy. For the purpose of this discussion, we will be addressing the breach of maximum occupancy limit ex...
read more
{{name}} - APIA Auckland Property Investors

Landlords would do well not to underestimate the RTA

Mainstream commentary on the Residential Tenancies Amendment Act 2020 (RTAA 2020) is grossly preoccupied with the removal of the 90-day no-fault termination notice. At times, it even exaggerates the (detrimental) consequences landlords will be made to suffer post 11 February seeing as the proverbial rug is about to be pulled out from under us. We disagree and offer this reframe - That...
read more
{{name}} - APIA Auckland Property Investors

Bond - it is the tenant’s money

We generally understand and talk about bonds as security deposits; on the one hand, they give a landlord the peace of mind to rent to a stranger and on the other hand cushion a tenant against onerous financial burden should a claim be made against him at the end of the tenancy. What we tend to be less mindful of is that ultimately, the bond is the tenant’s money and the law recog...
read more
{{name}} - APIA Auckland Property Investors

Landlord held not liable for co-tenants' pets

Re: Whether a landlord is liable for breaching the quiet enjoyment of one tenant for failing to enforce the terms of the tenancy agreement against a co-tenant Zama v Feng [2020] NZTT Wellington 4276448 This is a strange one. Bear with us. Alessandro Zama took his landlord to the Tribunal alleging a number of breaches. On the face of it, many if not most certainly look vexatious to us (in...
read more
{{name}} - APIA Auckland Property Investors

Cause and consequence are two different things

Landlords seeking compensation for damages caused by tenants should take care to prove the cause, not just the consequences, of the damage as VNG RENTALS LIMITED vs Xu [2020] NZTT Auckland 4269426 demonstrates. Facts On or about 2 May 2020, the bathroom of the apartment flooded. Water leaked into the adjoining apartment resulting in an approx $4.5K damage. In an email to the ...
read more
{{name}} - APIA Auckland Property Investors

Rent increase after substantial work: not a case of $1-in-$1-out

From time to time, investors almost flippantly assume that any expenses incurred improving the property can be directly recouped from the tenant by way of rent increase on a $1-in-$1-out basis. Monarch Realty Ltd v Alchin-Boller [2020] NZTT Hamilton 4277248 is a reminder that this is not the case. At least not quite. Facts The landlord sought the tenant’s consent to increase th...
read more

Recent Posts


Tags

Question and answer reserve bank relationship rent HSWA renovation Jeff Bezos covid-19 buyer's agent smoke alarm rent control property value Property (Relationships) Act privacy airbnb Level 4 buying equity housing affordability shortland chartered accountants holiday house worksafe financial advisers act development meth finance Sponsored post gluckman report positive cash flow p lab rent arrears RBNZ housing bubble Editor's Choice HHGA Tribunal case study damage business cash-flow short-term rental warren buffett house prices partners clnz personal growth retaliatory notice mortgage cgt Investment tip first home buying maintenance election2020 tenancy tribunal anti-social behaviour tax CoreLogic capital gain Standards New Zealand debt enforcement Gluckman sale and purchas heat pump ask an expert RTAA 2019 cat travel bubble unitary plan landlord legal cost tenancy issues tenant re agent inspection Must know Kris Pedersen Mortgages and Insurance rta reform buying rules interest limitation CCC interest deductibility water bill election 2017 beginner investor productivity trademe investor Landlording khh tenancy services skill shortage sublease structure insurance trust Holler shower dome wins rental market bond auckland council boarding house initio property apprentice Investor story Must knows Zodiak Management Case study data security early termination investment strategy housing package minor dwelling commerce commission off the plan rental wof letting fee extractor fan return meth contamination legal education rtaa2020 robert kiyosaki sale and purchase interest rates income property maintenance property banking Market report Q&A letting termination HHS ring-fencing ocr auckland quiet enjoyment ird insulation short term rental market rent interest only debt to income parry v inglis anz bad tenant wealth creation opes partners bankruptcy TCIT apia bond form government yield principal and interest will management kiwibuild property cycle twg report heater scotney williams rta Guest blog subdivision television brightline mindset property management recycling equity asbestos watercare fixed-term tenancy nzpif rent increase barfoot and thompson market How to trespass lvr advice building winz ventilation heating LIM negotiation DTI speculator daikin warm up new zealand

Archive

Introducing Our Partners
Principal Sponsor - Kris Pedersen Mortgages & Insurance logo Gold Sponsor - Barfoot & Thompson logo Gold Sponsor - CoreLogic logo Property Apprentice logo The Insulation Warehouse logo The Renovation Team logo The New Zealand Property Investors' Federation logo