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.
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John Bolton, former general manager of ANZ, is one of New Zealand’s leading experts on interest rate risk management and mortgage structuring.
Last answered question:
Can I borrow money from our Trust? We have equity and can borrow in a Trust. Can we borrow money in the trust and then lend that money to our company to purchase a commercial property? The commercial property is not for us to occupy but leased.
Thanks
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:
Can I let to a family member if I am overseas? If I am a New Zealander and have non-residence status and working overseas. Can I let a rental property I want to buy to a family member? Do I have to set up some sort of trust and if so what sort? How much and how long does that normally take - I am about to put an offer in on a property and want to do it correctly from the start.
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:
Tools for first-time landlords We presently own two properties and are considering renting one. Before we take this step can you advise us on the musts and must nots of the rental situation from the landlords perspective and/or suggest any websites or other sources of information which may help.
The Step Up Group delivers tailored solutions using its array of highly innovative and effective building improvement solutions with transparent, inbuilt quality assurance systems.
Last answered question:
Exiting a S&P contract due to weathertightness issues We have a house a building inspector identified as being high risk (Over 11 problem areas) with a non invasive moisture meter
The sales and purchase agreement says we must give the vendor reasonable time to fix the problem.
As the house shows these high risk factors we should be able to just get out of the contract?
Or do we have to conduct invasive testing and then say the entire house needs recladding before we can walk away?
I am not sure where to go to look. Are there precedents or classic points of law in leaky homes for this?
