Free advice for Landlords - ask our property experts a question
Do you have a property investment question you want answered? The Ask an Expert section is a free service provided for property investors in conjunction with a panel of selected property experts.
Please note that questions should be of a general nature about property investing and your question and the subsequent answer may be published in the NZ Property Investor magazine. There is a limit of ONE question per submission. We will use our discretion whether questions are published and we reserve the right to paraphrase your comments for our experts.
Before you send in a question, please read the Ask an Expert archive thoroughly. There is a chance that your question may have been previously answered and it will be listed there.
To ask a question, you will need to be a registered member (it's free).
Search the Ask an Expert archive
Quinovic's outstanding people and systems provide the most professional, effective and reliable residential property management service in the NZ market for over 22 years.
Last answered question:
Privacy around inspection photos
Can the property management company who cares for my properties take photos during an inspection if the tenant has concerns and has not given permission for any photos to be taken (apart from any damage that has not previously been noted)? Is this invasion of the tenant's privacy?
Read on...
Kris is a respected commentator on the property and finance markets in New Zealand and overseas. He spends his time working closely with his support team sourcing clients leading edge finance strategies.
Last answered question:
Rent to buy high deposit?
I am currently doing a rent to buy on a house that I want to buy, for $185,000, the issue is that a Kiwibank manager is telling me that I need 20 to 30% deposit if I am on a rent to buy scheme (otherwise I would only need 5%). Can you tell me why I need more deposit on a rent to buy scheme as I dont understand.
Read on...
Paul Reid first started dealing in real estate when he was 21 years of age and discovered a great passion for the industry; his passion his since taken him 8 years down the track where he first established ICONiCITY at the age of 29 in April 2009. In the last financial year the company bought and sold over 122 apartments in Auckland's CBD.
Last answered question:
Apartment returns
What do you advise when looking at buying an apartment as an investment? Freehold units with net yield 5.5% or leasehold units at 7% with freehold lessor interest of 6.5%?
Read on...
Mark Withers and his team at Withers Tsang & Co specialise in advising on property related transactions, valuation and restructure services and tax planning.
Last answered question:
CGT issues from OZ?
I own a rental property in Auckland and have recently moved to Sydney, I've heard that if I buy a property in Australia and live in it and sell my Auckland property that I might liable for capital gains tax on the Auckland property? If that is the case then is there anyway around it?
Read on...
The Department of Building and Housing provides information and guidance on building law and compliance, services including weathertight homes, and advice for tenants and landlords.
Last answered question:
Mortgagee sale's tenancy issues
We have puchased a property through a mortgagee sale. The existing tenant is paying the former landlord, therefore he is a squatter. The former landlord has told the tenant that she is still the owner of the property. Can I apply for a possession order? It can take several weeks to get a Tenancy Tribunal hearing. Is there a quicker way?
Read on...
Ron loves to share his passion for property and his coaching course provides one-on-one mentoring and support that will empower you with tools, strategies and valuable insights so you can achieve investment success and become a property master.
Last answered question:
Creating wealth
We are looking to purchase a home and possibly a rental property but are unsure of what strategy to take. We have about $300,000 and live in Auckland. Should we buy a high-priced central city family home and leverage off it as its value rises or should we buy a family home further out and then take the extra cash to buy perhaps two other rentals. What is the better approach over a 15 to 20 year period?
Read on...
Last answered question:
Ruling on pen marks
I have a tenant who is moving out and the walls in every room and hallway are covered in pen marks from kids (two and a half year tenancy). The wallpaper was brand new when they moved in and they are happy to pay for the damage. How do I assess how much they need to pay? Is it for complete wall paper of the whole house?
Read on...