How to Manage a Long Distance Rental Property

  Whether it is your inherited property somewhere afar from where you live or you have invested outside of your home town, renting it out comes with additional challenges for you as a long-distance landlord. While it’s a great way to bring in additional income, managing the rental property far away is more than just selecting tenants and collecting rents. From a long distance you need to become exceptionally proficient

Banks Drop Mortgage Rates To Historic Low

Last on the 15th of November, TSB cut it’s one year mortgage rate to 3.95%. Meaning for the first time in history the weighted average one year fixed mortgage rate is lower than 4%. Something that is in sharp contrast to the average weighted 18 month rate of 4.31% and the weighted two year rate of 4.24%. Rental yields have also remained constant over the last year. Keeping up with

Will You Be Better Off With Letting Fee Changes?

    On Wednesday the 31st of October, Parliament officially passed the Residential Tenancies (Prohibiting Letting Fees) Amendment Bill. Officially outlawing the practice of letting fees in New Zealand. While the Act doesn’t come into force until the 12th of December and any tenancies signed before this date will not be affected. It is our duty as property managers however to inform you how we will be changing the way

Five Major Benefits of a Professional Property Management Service over Self-Management

  Managing a rental property takes more than it looks from the outside. There are plenty of tasks at hand such as; the amount of time it takes managing the property, minimizing the risks of liabilities and meeting the legal requirements of property ownership. This is why hiring a professional property management service makes sense. They take care of everything you could need expertly and conveniently, letting landlords have peace

Everything’s Coming Up Roses for Property Investors

  While the media may make the world seem like a dark and gloomy place there has never been a better time to be a property investor! This is because our property owners are maximizing their investment in the competitive rental market while watching their capital gain increase! If you feel like you’re missing out, between rising rents and rising Wellington property prices, now is the time to act to

Making Your Investment Stress Free

With today’s news of an Auckland property owner engaging a bailiff to remove their property’s illegal occupants (click here to read the story). There has never been a more important time to have good tenants and effective property managers. At Quinovic Te Aro, we pride ourselves on our comprehensive tenant screening process and the professional way we manage your investment. While from the outlook it may seem the same as