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).

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Property Management
Ask Bernard Parker from Quinovic Property Management questions relating to property panagement

Quinovic's outstanding people and systems provide the most professional, effective and reliable residential property management service in the NZ market for over 30 years.

Last answered question:

Replacing light bulbs

We have an ongoing problem with a tenant regarding the replacing of light bulbs at the end of a tenancy, prior to re renting the property. Normally a tenant replaces bulbs as required. In this case the bill for three light bulbs is over $ 100. Could you please tell me what is the correct outcome in this type of case?

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Finance & Strategy
Ask Kris Pederson, director of Kris Pederson Mortgages questions relating to Mortgages, Finance, and Strategy

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:

Assessing options

If you were wanting to buy an investment property outside of Auckland on a budget of around $400,000, where would you recommend looking? Would a new build rather than an existing house be a better option? And what are the pros and cons of units vs stand-alone houses?

 

 

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Apartments
Ask Aaron Tunstall, owner of Impression Real Estate, questions relating to apartments.

Aaron Tunstall is the owner of Impression Real Estate, specialising in sales, building and property management. Impression has been awarded property management company of the year three times.

Last answered question:

Leasehold vs freehold

I'm interested in finding out more about apartments with a view to investing in one. What is the difference between a leasehold and a freehold apartment? And what are the pros and cons with both?

 

 

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Tax/GST/LTC
Ask Mark Withers, director of Withers Tsang & Co questions relating to Tax and Asset Structures

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:

Double Trusts?

We are purchasing a property with two dwellings and a sleepout. We are planning on living in one dwelling, renting the other and getting a boarder in the sleepout. We want to protect our only property and put it in a Trust, however we also wanted a defined share as tenants in common. Could we create two Trusts as tenants in common?

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Tax/GST/LTC
Ask Matthew Gilligan, managing director of Gilligan Rowe + Associates, questions relating to tax, trusts and finance.

Matthew heads GRA's specialist property and asset planning division. He helps clients create optimal tax structures and build wealth through property. He has an extensive buy-to-hold property portfolio, is currently involved in over a dozen developments, and is author of two books - Property 101 and Tax Structures 101.

Last answered question:

Double Trusts?

We are purchasing a property with two dwellings and a sleepout. We are planning on living in one dwelling, renting the other and getting a boarder in the sleepout. We want to protect our only property and put it in a Trust, however we also wanted a defined share as tenants in common. Could we create two Trusts as tenants in common?

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More Questions & Answers about Tax/GST/LTC »
Tenancy
Ask Jennifer Sykes, Ministry of Business, Innovation and Employment questions relating to tenants and landlords

The Ministry of Business, Innovation & Employment provides information and guidance on building law and compliance, services including weathertight homes, and advice for tenants and landlords.

Last answered question:

Dealing with problem tenant

My tenant is damaging property and interfering with my builders. He is making malicious complaints about their workmanship. This is causing disruptions to the renovations and maintenance work at the house. I want him gone asap. What can I do?

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