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		<title>How to keep your property tenantable</title>
		<link>https://harperproperties.co.nz/how-to-keep-your-property-tenantable/</link>
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		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Wed, 03 Dec 2025 21:33:39 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<category><![CDATA[Property News]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1707</guid>

					<description><![CDATA[The goal of owning a rental has always been simple: keep it tenanted, well-maintained, and profitable. But what that takes today looks very different from a few years ago. Tenants are more discerning, and the competition, particularly from new builds, is sharper than ever. To stay competitive and attract quality tenants, landlords need to think beyond basic maintenance and start ... <div><a href="https://harperproperties.co.nz/how-to-keep-your-property-tenantable/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>The goal of owning a rental has always been simple: keep it tenanted, well-maintained, and profitable. But what that takes today looks very different from a few years ago. Tenants are more discerning, and the competition, particularly from new builds, is sharper than ever.</p>
<p>To stay competitive and attract quality <a href="https://harperproperties.co.nz/tenants/" target="_blank" rel="noopener">tenants</a>, landlords need to think beyond basic maintenance and start upgrading with purpose. This guide walks you through the smart, realistic upgrades that help your property stay tenantable long-term.</p>
<p>&nbsp;</p>
<h2>The new rental reality for landlords</h2>
<p>There’s no question that the rental game has shifted in New Zealand. Many landlords are finding it harder to attract the kind of tenants they used to. At Harper Properties, our <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">property managers</a> have seen this first-hand.</p>
<p>If you’re a landlord who’s been relying on “steady maintenance + modest rent increases” to do the job, you might want to pause and take stock. Because the market is telling us something different: with an influx of new builds, higher tenant expectations, and more competition, the strategy of simply “keeping things running” no longer cuts it.</p>
<h3>Why is this shift happening?</h3>
<p>In many regions, there’s a growing supply of brand-new rental stock, from modern townhouses to apartments and developments built specifically for the <a href="https://harperproperties.co.nz/auckland-rental-market-update/" target="_blank" rel="noopener">rental market</a>. These new builds usually offer features and amenities that older homes simply don’t. That means your older property is not just competing with other older properties, but competing with new. When newer becomes the baseline, it forces an upgrade in what “good enough” looks like.</p>
<p>At the same time, renters’ mindsets have changed. They’re more aware of what they can get, more demanding of comfort and convenience, and often willing to wait for the “right place” rather than take the first available. In short: tenants now expect more and are less tolerant of dated, cold or poorly-maintained homes.</p>
<p>&nbsp;</p>
<h2>Core upgrades for rentals that actually make a difference</h2>
<p>Keeping your property consistently tenantable means making thoughtful, visible improvements that show your property offers real comfort, value, and quality.</p>
<p>That means a fresh coat of paint isn’t enough anymore. To <a href="https://harperproperties.co.nz/tenant-selection-guide/" target="_blank" rel="noopener">attract quality tenants</a>, you need <em>quality</em> upgrades.</p>
<h3>1. Start with the basics: invest in warmth and comfort</h3>
<p>Coming back to a cold, damp house is one of the quickest ways to drive good tenants away before their lease is up. If you don’t already have the following basics in place, you risk losing quality tenants.</p>
<ul>
<li><strong>Efficient heating:</strong> Non-negotiable in today’s rental market. Renters today expect a well-functioning heat pump or fixed heater that comfortably warms the main living area. If your current heater is old, undersized, or doesn’t meet the Healthy Homes Standards, upgrading it should be top of your priorities list.</li>
<li><strong>Insulation:</strong> The backbone of a warm, healthy home. Make sure your ceiling and underfloor insulation meets or exceeds the requirements set by the Healthy Homes Standards. If your property still feels hard to heat, consider adding wall insulation where practical.</li>
<li><strong>Double glazing &amp; draught proofing:</strong> While not a mandatory requirement under the Healthy Homes Standards, upgrading to double-glazed windows is one of the most effective ways to keep a house warmer, reduce energy use, and improve the living experience for tenants. Pairing this with draught-proofing around windows and doors sends the message that you care about tenant comfort.</li>
</ul>
<p>Together, these improvements create a home that’s not only healthier, liveable, and more comfortable but also energy efficient &#8211; another growing priority for tenants. With rising power costs, renters value homes that stay warm and dry without wasting energy.</p>
<h3>2. Upgrade key amenities and appliances</h3>
<p>To compete with the shiny new builds of today, your rental property must look and feel the part. Even older homes can feel fresh and modern with the right upgrades.</p>
<h4>Refresh the kitchen for everyday appeal</h4>
<p>For tenants who love cooking and entertaining, the state of the kitchen can make or break their decision to rent a property, or stay on long-term.</p>
<ul>
<li><strong>Upgrade appliances:</strong> Replace tired coil-top stoves, basic electric ovens, or dated rangehoods with modern, easy-to-clean models. Choose models from trusted brands only.</li>
<li><strong>Update finishes:</strong> Choose quality finishes like stainless steel for a timeless, new look that is simple to maintain.</li>
<li><strong>Provide essentials:</strong> Install a quiet, efficient rangehood and dishwasher if not provided already. These are standard expectations for most modern rentals today.</li>
</ul>
<h4>Modernise the bathroom</h4>
<p>Tenants notice bathrooms right away. It’s one of the first places they look at for signs of good maintenance.</p>
<ul>
<li><strong>Keep it clean and cared for:</strong> Fix any leaks, remove mould, and regrout tiles so the bathroom looks like it has been well taken care of.</li>
<li><strong>Update the flooring:</strong> Replace old vinyl sheet flooring or chipped tiles with new vinyl planks or slip-resistant tiles.</li>
<li><strong>Refresh fixtures:</strong> If the vanity or tapware is showing its age, swap them out for sleek, easy-to-clean fixtures.</li>
</ul>
<h4>Add small luxuries that make a big impression</h4>
<p>These are the “nice to haves” &#8211; not essential, but often the details that help your property stand out and compete with new builds.</p>
<ul>
<li><strong>Install a heated towel rail or mirror demister:</strong> These little luxuries can impress tenants without huge cost.</li>
<li><strong>Replace shower curtains with clear glass screens:</strong> A simple change that instantly modernises the bathroom, looks cleaner, and is easier to maintain.</li>
</ul>
<h3>3. Make your property genuinely pet-friendly</h3>
<p>With many landlords still hesitant about pets, making your rental genuinely pet-friendly can give you a real edge. And since pet-friendly rentals remain scarce, tenants who keep pets often stay longer because they have fewer alternatives.</p>
<p>A few simple physical tweaks can make your home appear more pet-friendly:</p>
<ul>
<li><strong>Secure fencing:</strong> Install or repair a fully fenced yard to create a safe space for dogs.</li>
<li><strong>Pet access:</strong> Add a built-in cat door or pet flap to an external door for easy access.</li>
<li><strong>Durable finishes:</strong> Use hard-wearing flooring (like vinyl planks) that’s easy to clean and stands up to wear and tear.</li>
</ul>
<h3>4. Improve security and give tenants peace of mind</h3>
<p>Many newer developments now include enhanced security features such as access control systems, secure parking, and monitored entry. Tenants expect this sense of safety, and older properties can easily catch up.</p>
<ul>
<li><strong>Update locks/entry points:</strong> Make sure all exterior doors have solid deadbolts or smart locks.</li>
<li><strong>Improve lighting:</strong> Add motion sensor lights near entrances or outdoor areas.</li>
</ul>
<p>Even small changes can make tenants feel safer, and your property more attractive.</p>
<p>&nbsp;</p>
<h2>The payoff for investing in renovations</h2>
<p>A rental property that feels well-looked-after naturally attracts better tenants – people who value their home, treat it with respect, pay on time, and communicate clearly. Over time, that reliability and consistency often deliver a better overall return than chasing short-term rent gains.</p>
<p>On the flip side, properties marketed out of desperation tend to invite tenants who may view the place as just a stop-gap. Yes, investing in upgrades may cost you upfront, but the return comes in fewer vacancies, better communication, and tenants who stay longer because they genuinely enjoy living there.</p>
<p>&nbsp;</p>
<h2>Next steps to get quality tenants at your viewings</h2>
<p>If you’re a landlord, now’s the time to take stock of your property &#8211; starting with a rental appraisal. A current market appraisal shows you what rent your property could achieve, how it compares to similar homes nearby, and where small upgrades could boost returns.</p>
<p><a href="https://harperproperties.co.nz/free-rental-appraisal-auckland/#rentappraisal" target="_blank" rel="noopener">Request a rental appraisal</a> with Harper Properties today and start planning your next move.</p>
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		<title>How do property managers calculate rental appraisals? Our approach</title>
		<link>https://harperproperties.co.nz/how-property-managers-calculate-rental-appraisals/</link>
					<comments>https://harperproperties.co.nz/how-property-managers-calculate-rental-appraisals/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Tue, 09 Sep 2025 01:03:26 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1699</guid>

					<description><![CDATA[If you need a rental appraisal for an Auckland property, it can be challenging to get one quickly that’s also accurate and trusted by lenders. Harper Properties delivers bank-ready appraisals built on MBIE bond data and decades of experience managing homes across Tāmaki Makaurau. In this guide, we’ll explain what goes into a reliable appraisal and what to expect from ... <div><a href="https://harperproperties.co.nz/how-property-managers-calculate-rental-appraisals/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>If you need a rental appraisal for an Auckland property, it can be challenging to get one quickly that’s also accurate and trusted by lenders.</p>
<p><strong>Harper Properties delivers bank-ready appraisals built on MBIE bond data and decades of experience managing homes across Tāmaki Makaurau.</strong></p>
<p>In this guide, we’ll explain what goes into a reliable appraisal and what to expect from our process — from the first phone call to receiving your professional PDF report.</p>
<p><a href="https://harperproperties.co.nz/free-rental-appraisal-auckland/#rentappraisal" target="_blank" rel="noopener">Get your free rental appraisal</a> or keep reading to understand more about why an independent and accurate estimate is so vital.</p>
<h2>Accurate rental appraisals are an important tool for property investors</h2>
<p>Most banks and lenders will ask for a rental appraisal before approving financing for your investment property.</p>
<p>An accurate rental appraisal estimates the property’s income potential and gives the bank confidence that your mortgage can be serviced.</p>
<p>But rental appraisals are a useful tool throughout your investment journey, for example:</p>
<ul>
<li><strong>Annual rent reviews:</strong> Check whether your current rent is still at market level</li>
<li><strong>Before or after renovations:</strong> See if upgrades like a new kitchen, bathroom, or heat pump justify an increase</li>
<li><strong>Return-on-investment checks:</strong> Understand <a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/" target="_blank" rel="noopener">whether a property is a good investment before you buy</a></li>
</ul>
<p>Accuracy is crucial in all these scenarios, but many appraisals in the industry are based on current listings or inflated figures.</p>
<p>Harper Properties is one of the very few companies that cite MBIE bond data in rental appraisals.</p>
<p>This ensures your appraisal is accurate, helping you get approval more quickly and make more informed investment decisions.</p>
<h3>Who our rental appraisals are for</h3>
<p>Harper Properties’ rental appraisals are designed for:</p>
<ul>
<li><strong>Investors buying or refinancing</strong> an Auckland property who need a bank-ready appraisal.</li>
<li><strong>First-time landlords</strong> who want clarity on income potential and compliance requirements before listing.</li>
<li><strong>Investors who are unhappy with their current property manager</strong> and are curious about working with us</li>
</ul>
<p>To be totally upfront, we’re not a fit for short-term lets (under 12 months) or for property owners looking for a reason to demand higher rent.</p>
<p><strong>The bottom line is that our appraisals aren’t a box-checking exercise (hence why they’re not automated).</strong></p>
<p>They’re the starting point of a meaningful relationship built on accurate numbers, care for tenants, and long-term returns.</p>
<p>&nbsp;</p>
<h2>How we calculate rental appraisals accurately</h2>
<p>Unfortunately, we see a lot of inflated rental appraisals passed around in Auckland. It’s important to remember who’s just trying to win business and consider whether automated projections will hold up under bank scrutiny.</p>
<p><strong>Our appraisals are built on three evidence sources, so the number you see in your PDF is backed by real data rather than sales tactics:</strong></p>
<h3>1. Look at MBIE rental bond data</h3>
<p>Harper cites the Ministry of Business, Innovation and Employment (MBIE) bond database for rental appraisals, which records rents actually lodged with Tenancy Services since 1993.</p>
<p><strong>This means the rental income estimate isn’t based o<em>n what landlords are asking, but what tenants have actually paid in your area.</em></strong></p>
<p>That’s the gold standard for lenders and gives your bank confidence that the rent level is realistic and sustainable.</p>
<h3>2. Compare against portfolio performance in your Auckland suburb</h3>
<p>We then cross-check the MBIE data against our own managed portfolio, covering suburbs across Auckland.</p>
<p>With over 20 years in the market and more than 40 years of combined experience, we have personal and local context for rent performance from Milford down to Papakura.</p>
<h3>3. Factor in current comparable listings</h3>
<p>While not as helpful as historical data, we take a look at what’s on TradeMe and provide an indication of where we think your property sits.</p>
<p><img fetchpriority="high" decoding="async" class="aligncenter wp-image-1701 size-large" src="https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-1024x496.png" alt="Harper Properties TradeMe image" width="880" height="426" srcset="https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-1024x496.png 1024w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-300x145.png 300w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-768x372.png 768w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-1536x744.png 1536w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-100x48.png 100w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1-1000x484.png 1000w, https://harperproperties.co.nz/wp-content/uploads/2025/09/Harper_Properties_tradeMe_image-1.png 1858w" sizes="(max-width: 880px) 100vw, 880px" /></p>
<p>Combined with MBIE and portfolio data, this creates a triple-source report that stands up to bank scrutiny and guides investors.</p>
<p>&nbsp;</p>
<h2>What to expect from our rental appraisal process</h2>
<h3>A phone call within 24 hours</h3>
<p>You’ll hear from Jon Harris, our Managing Director, or Claire Stephenson, one of our Auckland Property Managers. We usually get in touch the same day, but always within 24 hours.</p>
<p>We’ll ask you a few questions to confirm the details about your property and why you need your appraisal.</p>
<p>Many bigger brands have fully automated their appraisal approach, but we keep the human touch.</p>
<p>The qualitative context we get over the phone makes our appraisal more accurate and, importantly, this is the first step in a long-term relationship.</p>
<h3>Either a desktop appraisal or a property visit</h3>
<p>If you’re serious about putting your property up for rent quickly, we can book a visit for when you’re available.</p>
<p>If you’re not ready to commit or don’t own the property yet, that’s cool, we’ll complete a desktop appraisal using details you provide (bedrooms, bathrooms, parking, condition) and supporting photos or video.</p>
<p>This two-track process ensures serious investors get momentum fast, while early enquirers still receive useful guidance without burning time.</p>
<h3>A bank-ready PDF in under 48 hours</h3>
<p>Within 48 hours of having the property details (often in less than a day), you’ll receive a professional PDF rental appraisal.</p>
<p>The report includes:</p>
<ul>
<li>Address and key features</li>
<li>An indicative rental range</li>
<li>Cited MBIE bond data and supporting evidence</li>
</ul>
<p>The format is lender-friendly, giving banks and brokers the proof they need to move your finance forward.</p>
<h3>What we need from you to make an accurate appraisal</h3>
<p>These details are absolutely crucial to getting an accurate rental appraisal:</p>
<ul>
<li>Full address (obviously)</li>
<li>Bedrooms, bathrooms, parking, special features (e.g., fireplace, spa pool)</li>
<li>Details about the condition of the property and any recent upgrades</li>
<li>Photos or videos are highly recommended — they make it faster and more precise to deliver a reliable range</li>
</ul>
<p><strong>Remember: A rental appraisal is a snapshot of today’s market.</strong></p>
<p>If you’re finding a tenant within the next few weeks, it will be very accurate. But if you’re buying a new build off plan that won’t be ready for 12–24 months, the numbers may look very different by the time you get the keys.</p>
<p>That’s why Harper moves quickly — same-day phone call, bank-ready PDF in under 48 hours — so your appraisal reflects the market right now..</p>
<p>&nbsp;</p>
<h2>Beware of sales-led or automated rental appraisals</h2>
<p>Many appraisal reports in Auckland are produced by sales teams or automated systems, which makes it easy to overquote rent estimates without accountability.</p>
<p><strong>At Harper Properties, we’ve deliberately kept our process people-led, because that’s the best way to set realistic expectations from the start.</strong></p>
<p>In an unregulated industry, inflated rental appraisals are all too common, but they don’t serve investors or banks.</p>
<p>Harper’s independence means every number is backed by evidence, so you know your appraisal is accurate, achievable, and useful beyond getting the piece of paper.</p>
<h3>Automation can mean fast but flimsy rental estimates</h3>
<p>A lot of appraisal reports today are produced by business development reps at big brands or churned out by software.</p>
<p>Most are built from online listings, so they’re based on asking prices and not actual rents.</p>
<p>And as many landlords discover in <a href="https://harperproperties.co.nz/auckland-rental-market-update/" target="_blank" rel="noopener">Auckland’s cooling rental market</a>, what gets advertised is rarely what tenants end up paying.</p>
<p>One of the biggest frustrations investors face is when an appraisal promises more rent than the market can deliver. You list at the higher figure, the property sits vacant, and eventually you drop the price — losing weeks of income in the process.</p>
<p>&nbsp;</p>
<h2>Why independence matters in an unregulated industry</h2>
<p>The real issue is that property management isn’t a regulated industry in New Zealand.</p>
<p>Unlike real estate sales, there’s no requirement for appraisals to be evidence-based. That means inflated, poorly substantiated reports are everywhere.</p>
<p>As an independent provider of rental appraisals, we’d rather give you a realistic figure you can trust than chase you with a number that looks good but won’t stack up.</p>
<p>&nbsp;</p>
<h2>Get your free, MBIE-backed Auckland rental appraisal</h2>
<p>With Harper, you’ll get a bank-ready PDF in under 48 hours, plus the support of a property management team known for professionalism, responsiveness, and care.</p>
<p>Investors and tenants stay with Harper for the long term because they trust the numbers, the process, and the people.</p>
<p><a href="https://harperproperties.co.nz/free-rental-appraisal-auckland/#rentappraisal" target="_blank" rel="noopener">Enter your property details</a> and we’ll be in touch to get started.</p>
<p>&nbsp;</p>
<h2>Answering your questions about rental appraisals</h2>
<h3>How do property managers calculate rental appraisals?</h3>
<p>Property managers usually look at three things: market data, current rental listings, and their own experience. The tricky part is that not everyone uses the same sources — some will just base it on what’s advertised online, which can be misleading. At Harper Properties, we make a point of citing MBIE bond data (actual rents lodged), then layering in current comparables and our own portfolio results, so you know the number reflects reality as closely as possible.</p>
<h3>I just filled out the rental appraisal form. When will I get my rental appraisal?</h3>
<p>Most property managers will email you a letter within a few days, but we prefer to pick up the phone. You’ll usually hear from Jon or Claire the same day, and always within 24 hours. Once we’ve confirmed the details and, ideally, seen photos of the property, we aim to have your bank-ready PDF to you within 48 hours.</p>
<h3>I just want the rental appraisal and don’t plan on putting my house up for rent. Will Harper Properties still help me?</h3>
<p>We do prioritise owners and investors who are seriously planning to rent out their property for 12 months or more. If that’s not you, we can still give you an honest number, but we’ll be upfront about whether it makes sense to take things further.</p>
<h3>How much are Harper Properties’ property management fees?</h3>
<p><a href="https://harperproperties.co.nz/property-management-fees-guide/" target="_blank" rel="noopener">Property management fees</a> in Auckland typically range between 6–10% of your rental income, with many companies also charging extras like one week’s rent for tenant placement, $50–75 per inspection, and 5–10% markups on maintenance costs.</p>
<p>Harper Properties offers a straightforward property management fee structure:</p>
<ul>
<li><strong>8.5% management fee</strong> (no hidden costs)</li>
<li><strong>One-off $199+GST onboarding fee</strong></li>
<li><strong>$0 letting fees</strong> — tenant placement, professional photography, and premium Trade Me listings are included</li>
<li><strong>$45+GST per inspection</strong> with full photo reports</li>
<li><strong>0% maintenance mark-up</strong> — we don’t add surcharges to contractor invoices</li>
</ul>
<p>This approach means your management fee covers more than most agencies include, giving you transparency and value without unexpected add-ons.</p>
<h3>How long is a rental appraisal valid for?</h3>
<p>A rental appraisal is really a snapshot in time. If you’re putting the property up for rent within a few weeks, the numbers will hold up. If you’re buying a new build that won’t settle for a year or more, the market could move quite a bit in the meantime. In practice, most banks prefer appraisals that are no more than 30–60 days old, so it’s worth updating if there’s a long gap.</p>
<p>&nbsp;</p>
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		<title>Is rental property still a good investment? Our honest take</title>
		<link>https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/</link>
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		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Wed, 09 Jul 2025 23:00:10 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1676</guid>

					<description><![CDATA[As Kiwis, property is in our cultural DNA as a pathway to security and generational wealth. But in 2025, house prices have quadrupled since 2000, there are more regulations, and new investment options are on the table. So it’s reasonable for investors to ask: Is rental property still a good investment? Our position is that investing in rental property still ... <div><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>As Kiwis, property is in our cultural DNA as a pathway to security and generational wealth.</p>
<p>But in 2025, house prices have quadrupled since 2000, there are more regulations, and new investment options are on the table.</p>
<p>So it’s reasonable for investors to ask: Is rental property still a good investment?</p>
<p><strong>Our position is that investing in rental property still works – but you need the right strategy, timeframe, and support.</strong></p>
<p>In this guide, we break down the pros, the pitfalls, and where we see genuine long-term opportunity for investors in Auckland.</p>
<p><em>Always talk to a licensed financial adviser before making any investment decisions, to ensure they’re right for your situation and goals.</em></p>
<p>If you already own a rental — or know you&#8217;re ready to invest — talk to us about smart, stress-free property management in Auckland.</p>
<p>In this article…</p>
<ul>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=more%20passive%20investment%3F-,Why%20Kiwis%20still%20invest%20in%20property,-Even%20with%20economic">Why Kiwis still invest in property</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=by%20Mary%20Hedges.-,The%20challenges%20of%20property%20investment,-It%E2%80%99s%20important%20to">The challenges of property investment</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=a%20strong%20play.-,Where%20investing%20in%20property%20still%20makes%20sense,-There%20are%20still">Where investing in property still makes sense</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=cash%20flow%20improves.-,Investing%20in%20property%20vs%20term%20deposits%2C%20managed%20funds%2C%20shares,-While%20shares%20and">Investing in property vs term deposits, managed funds, shares</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=pay%20the%20mortgage.-,Choosing%20to%20invest%20in%20residential%20vs%20commercial%20property,-Some%20investors%20are">Choosing to invest in residential vs commercial property</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=more%20accessible%20path.-,Where%20are%20the%20investment%20opportunities%20in%20Auckland,-%3F">Where are the investment opportunities in Auckland</a>?</li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=cost%20requirements%20upfront.-,Who%20should%20(and%20shouldn%E2%80%99t)%20invest%20in%20property,-Investing%20in%20rental">Who should (and shouldn’t) invest in property</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=or%20passive%20investments-,How%20property%20managers%20protect%20your%20rental%20property%20ROI,-Partnering%20with%20an">How property managers protect your rental property ROI</a></li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=Properties%20property%20manager.-,Answering%20your%20questions%20about%20investing%20in%20rental%20property,-Is%20rental%20property">Answering your questions about investing in rental property</a>
<ul>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=in%20rental%20property-,Is%20rental%20property%20a%20good%20investment%20in%202025%3F,-Yes%2C%20but%20only">Is rental property a good investment in 2025</a>?</li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=long%2Dterm%20gains.-,What%20is%20the%20average%20ROI%20on%20rental%20property%20in%20Auckland%3F,-Net%20yields%20in">What is the average ROI on rental property in Auckland</a>?</li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=in%20recent%20years.-,Is%20property%20investment%20still%20worth%20it%20compared%20to%20shares%20or%20funds%3F,-It%20depends%20on">Is property investment still worth it compared to shares or funds</a>?</li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=a%20strong%20option.-,What%20are%20the%20biggest%20risks%20of%20rental%20property%20investment%3F,-The%20main%20risks">What are the biggest risks of rental property investment</a>?</li>
<li><a href="https://harperproperties.co.nz/is-rental-property-a-good-investment-nz/#:~:text=with%20professional%20help.-,How%20can%20I%20make%20rental%20property%20a%20more%20passive%20investment%3F,-Work%20with%20an">How can I make rental property a more passive investment</a>?</li>
</ul>
</li>
</ul>
<h2>Why Kiwis still invest in property</h2>
<p>Even with economic shifts, property remains one of the most trusted ways New Zealanders build long-term wealth.</p>
<p>It’s not just about numbers – there’s something deeply ingrained in the Kiwi psyche about owning land.</p>
<ul>
<li><strong>Tangible and familiar:</strong> People feel more secure owning bricks and mortar</li>
<li><strong>Powerful leverage:</strong> Use your equity to borrow and amplify returns</li>
<li><strong>Passive income potential:</strong> Especially in retirement or with low mortgages</li>
<li><strong>Long-term growth mindset:</strong> Property rewards patience</li>
</ul>
<p>This preference for long-term wealth building is echoed by many of our clients:</p>
<p style="text-align: center;"><strong><em>“We have used Harper Properties for close to 20 years… they have always given us superb service, excellent reporting and tenant selection.” – <a href="https://g.co/kgs/wNw7qhp" target="_blank" rel="noopener nofollow">Google review</a> by Mary Hedges.</em></strong></p>
<h2>The challenges of property investment</h2>
<p>It’s important to be realistic about where the market stands today:</p>
<ul>
<li>Auckland rental yields average around 4% before costs</li>
<li>Most investors still top up their mortgage each month</li>
<li>Healthy Homes upgrades, rates, and insurance push up expenses</li>
<li>The bright-line test is now 2 years, and interest deductibility is being phased back (80% in 2025, and 100% in 2026)</li>
<li>Long-term capital growth is steady, but not explosive — around 3–4% a year</li>
</ul>
<p>We’re not in a golden age of easy gains. But for the right investor, property is still a strong play.</p>
<p>&nbsp;</p>
<h2>Where investing in property still makes sense</h2>
<p>There are still many reasons why rental property remains a smart investment, especially in Auckland.</p>
<h3>1. Leverage amplifies gains</h3>
<p>One of the biggest advantages of property is leverage. By using equity in your home, you can borrow to fund the deposit on a rental, just like seasoned investors do.</p>
<p>For most investment properties, banks require a <strong>30% deposit,</strong> so <strong>$200,000 in equity</strong> could support a purchase of around <strong>$666,000.</strong> With new builds, some lenders may accept a 20% deposit, though this depends on your financial position.</p>
<p>A 5% gain on a $666k property = $33,000 in growth – on a deposit you only partly funded.</p>
<p>Leverage can grow your returns faster, but it also increases risk. <strong>Before diving in, talk to a financial adviser to understand your borrowing power.</strong></p>
<h3>2. Auckland rental demand is strong</h3>
<p>Demand for <a href="https://www.trademe.co.nz/a/property/office/1299138" target="_blank" rel="noopener nofollow">rentals in Auckland</a> remains strong.</p>
<p>Migration has dipped but is still high, with over 110,000 people arriving in the past year alone, and most are looking for homes in the city.</p>
<p>That keeps the pressure on supply in the <a href="https://harperproperties.co.nz/auckland-rental-market-update/" target="_blank" rel="noopener">Auckland rental market</a>, protecting rental income for landlords.</p>
<h3>3. Long-term investment logic still holds</h3>
<p>The classic “buy, hold, improve” strategy still works — especially in New Zealand’s long-term housing market. Especially with a professional property manager guiding you.</p>
<p>As one overseas-based landlord shared:</p>
<p style="text-align: center;"><strong><em>&#8220;Harper Properties have managed my house for 7 years… especially when I had to initiate the house sale while I am based overseas… they were so very helpful… I&#8217;d recommend HP to any landlord wholeheartedly.&#8221;– <a href="https://g.co/kgs/BK4a4xg" target="_blank" rel="noopener nofollow">Google review</a> by Eunchim Choi.</em></strong></p>
<p>Short-term profits might be thinner at first, but many property investors are playing the 15-20 year game. Over time, rents rise, mortgages shrink, and cash flow improves.</p>
<h2>Investing in property vs term deposits, managed funds, shares</h2>
<p>While shares and managed funds can outperform property in percentage terms, property lets you use the bank’s money to multiply gains.</p>
<table style="height: 222px;" width="814">
<tbody>
<tr>
<td><strong>Investment type</strong></td>
<td><strong>Average return (pre-tax)</strong></td>
<td><strong>Liquidity</strong></td>
<td><strong>Leverage potential</strong></td>
<td><strong>Risk profile</strong></td>
</tr>
<tr>
<td>Term deposits</td>
<td>~4.5-5.2%</td>
<td>High</td>
<td>None</td>
<td>Very low</td>
</tr>
<tr>
<td>Managed funds</td>
<td>~5-7%</td>
<td>High</td>
<td>None</td>
<td>Moderate</td>
</tr>
<tr>
<td>Shares</td>
<td>~8-10%</td>
<td>High</td>
<td>None</td>
<td>High (volatile)</td>
</tr>
<tr>
<td>Property (leveraged)</td>
<td>~4-6% + long-term gains</td>
<td>Low</td>
<td>High (up to 80%)</td>
<td>Moderate (cost-intensive)</td>
</tr>
</tbody>
</table>
<p>Bonus: your tenants help pay the mortgage.</p>
<h2>Choosing to invest in residential vs commercial property</h2>
<p>Some investors are turning to <a href="https://harperproperties.co.nz/commercial-property-management-auckland/" target="_blank" rel="noopener">commercial property</a> for its higher yields, but it comes with bigger risks.</p>
<p>Let’s break it down:</p>
<table style="height: 101px;" width="713">
<tbody>
<tr>
<td><strong>Residential property investment</strong></td>
<td><strong>Commercial property investment</strong></td>
</tr>
<tr>
<td>
<ul>
<li>Easier to finance</li>
<li>Strong and fairly predictable tenant demand</li>
<li>Ideal for hands-off landlords with <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">residential property management</a></li>
</ul>
</td>
<td>
<ul>
<li>Higher yields (can be 2x residential)</li>
<li>Longer leases</li>
<li>Not subject to the bright-line test (as of April 2025 – tax policy is always subject to review)</li>
<li>Works best with expert <a href="https://harperproperties.co.nz/commercial-property-management-auckland/" target="_blank" rel="noopener">commercial property management</a></li>
</ul>
</td>
</tr>
</tbody>
</table>
<p>Harper Properties’ long-term commercial clients also appreciate our consistency and care:</p>
<p style="text-align: center;"><strong><em>&#8220;Harper Properties have been managing our commercial properties for over 5 years. They always provide competent staff who do a fantastic job.&#8221; – <a href="https://g.co/kgs/Q3P9U1S" target="_blank" rel="noopener nofollow">Google review</a> by Ryan Balemi.</em></strong></p>
<p>For first-time or time-poor investors, <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">residential property</a> investment still offers a more accessible path.</p>
<p>&nbsp;</p>
<h2>Where are the investment opportunities in Auckland?</h2>
<p>Based on rental data, affordability, and our on-the-ground experience, we often recommend:</p>
<h3>West and South Auckland: the affordability corridors</h3>
<p><a href="https://harperproperties.co.nz/areas/auckland-property-management/west-auckland/" target="_blank" rel="noopener">West Auckland</a> suburbs like Glen Eden, Te Atatū and <a href="https://harperproperties.co.nz/areas/auckland-property-management/south-auckland/" target="_blank" rel="noopener">South Auckland suburbs</a> like Māngere and Papakura offer a strong balance of:</p>
<ul>
<li><strong>Affordability</strong> (lower buy-in prices)</li>
<li><strong>Capital growth potential</strong> (proximity to city)</li>
<li><strong>Higher rental yields</strong> (compared to central suburbs)</li>
</ul>
<h3>New builds for passive investors</h3>
<p>Townhouses in these areas are often built to Healthy Homes standards, are low-maintenance, and appeal to tenants.</p>
<p>They suit those seeking a long-term, low-touch investment.</p>
<h3>Value-add properties for hands-on investors</h3>
<p>Converting a standalone home into a multi-income property can improve both cash flow and value.</p>
<p><a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">Talk to a property manager</a> in your area to understand the code compliance and cost requirements upfront.</p>
<h2>Who should (and shouldn’t) invest in property</h2>
<p><strong>Investing in rental property might be right for you if:</strong></p>
<ul>
<li>You’re ready to invest for the long term (10+ years)</li>
<li>You have usable equity or savings for a deposit</li>
<li>You prefer tangible, income-generating assets</li>
<li>You’re happy to outsource property management</li>
</ul>
<p>As one first-time landlord put it:</p>
<p style="text-align: center;"><strong><em>&#8220;They made the process very smooth and easy and found us a tenant within 2 weeks… I also like the one commission fee that covers everything.&#8221; – <a href="https://g.co/kgs/WwzcGHz" target="_blank" rel="noopener nofollow">Google review</a> by Ken.</em></strong></p>
<p>Investing in rental property might not suit you if:</p>
<ul>
<li>You need fast or guaranteed returns</li>
<li>You don’t want to deal with tenants or compliance</li>
<li>You’re already over-leveraged</li>
<li>You’re more comfortable with diversified or passive investments</li>
</ul>
<h2>How property managers protect your rental property ROI</h2>
<p>Partnering with an <a href="https://harperproperties.co.nz/our-team/" target="_blank" rel="noopener">experienced team</a> like Harper Properties can make all the difference. We help you:</p>
<ul>
<li>Maximise rental income with market-aligned appraisals</li>
<li>Attract and retain great tenants</li>
<li>Stay fully compliant with changing legislation</li>
<li>Handle inspections, maintenance, and emergencies</li>
<li>Avoid vacancy risks with proactive marketing</li>
</ul>
<p>And with our transparent pricing, there are no surprises. Just straightforward support from people who care.</p>
<h2>Rental property is a solid investment – if done smartly</h2>
<p>Rental property remains one of the few investment vehicles where you can borrow, earn, and grow wealth with a relatively predictable asset.</p>
<p>But in 2025, it takes planning, patience, and the right team.</p>
<p>Want to find out if it could work for you? <a href="https://harperproperties.co.nz/free-rental-appraisal-auckland/" target="_blank" rel="noopener">Request a rental appraisal</a> or talk to a Harper Properties property manager.</p>
<p>&nbsp;</p>
<h2>Answering your questions about investing in rental property</h2>
<h3>Is rental property a good investment in 2025?</h3>
<p>Yes, but only with a long-term view. Rental yields are lower than they used to be, but with smart management, strategic property choice, and patience, rental property can still deliver both income and long-term gains.</p>
<h3>What is the average ROI on rental property in Auckland?</h3>
<p>Net yields in Auckland are typically around 4.2%. ROI increases over time as equity grows and mortgage repayments reduce.</p>
<p>Many landlords also gain value through capital growth, but that has slowed in recent years.</p>
<h3>Is property investment still worth it compared to shares or funds?</h3>
<p>It depends on your goals. Property is illiquid but tangible and leverageable. If you’re after a passive, physical asset and long-term return (especially with professional property management), investing in rental property can still be a strong option.</p>
<h3>What are the biggest risks of rental property investment?</h3>
<p>The main risks are:</p>
<ul>
<li>Vacancy or tenant issues</li>
<li>Unexpected repairs or compliance costs</li>
<li>Interest rate rises</li>
<li>Poor property selection</li>
</ul>
<p>But these risks can be managed with professional help.</p>
<h3>How can I make rental property a more passive investment?</h3>
<p>Work with an experienced property manager who can handle:</p>
<ul>
<li>Tenant selection</li>
<li>Maintenance and inspections</li>
<li>Rent collection and compliance</li>
</ul>
<p>Explore <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">our services</a> to see how we help investors stay hands-off while maximising return.</p>
<p>&nbsp;</p>
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		<title>What’s included in property management fees? Understanding cost vs. value in Auckland</title>
		<link>https://harperproperties.co.nz/property-management-fees-guide/</link>
					<comments>https://harperproperties.co.nz/property-management-fees-guide/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Sun, 16 Mar 2025 22:18:20 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<category><![CDATA[Property News]]></category>
		<guid isPermaLink="false">https://harper.icandymedia.co.nz/?p=1163</guid>

					<description><![CDATA[Property management fees in Auckland typically range from 6-10% of your rental income, with most companies charging additional fees for tenant placement (often one week&#8217;s rent), property inspections ($50-75), and maintenance coordination. At Harper Properties, we charge an 8.5% management fee with a one-off $199+GST for onboarding, $0 letting fees, 0% maintenance markup, and $45+GST per inspection. With so many ... <div><a href="https://harperproperties.co.nz/property-management-fees-guide/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p><strong>Property management fees in Auckland typically range from 6-10% of your rental income,</strong> with most companies charging additional fees for tenant placement (often one week&#8217;s rent), property inspections ($50-75), and maintenance coordination.</p>
<p><strong>At Harper Properties, we charge an 8.5% management fee with a one-off $199+GST for onboarding, $0 letting fees, 0% maintenance markup, and $45+GST per inspection.</strong></p>
<p>With so many property management companies in Auckland, understanding the fee structure and what you get for your money is essential to make the right choice.</p>
<p>This comprehensive guide explains exactly what Auckland rental property owners can expect to pay for professional management services.</p>
<p>Skip ahead to the information you need:</p>
<ul>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=property%20management%20fee%3F-,What%E2%80%99s%20included%20in%20property%20management%20fees,-Property%20management%20companies">What&#8217;s Included in Property Management Fees</a>
<ul>
<li>1. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=1.-,Setup%20and%20onboarding%20fees,-Many%20Auckland%20property">Setup and Onboarding Fees</a></li>
<li>2. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=2.-,Letting%20or%20tenant%20placement%20fees,-Most%20property%20management">Letting or Tenant Placement Fees</a></li>
<li>3. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=3.-,Ongoing%20management%20fees,-This%20is%20the">Ongoing Management Fees</a></li>
<li>4. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=4.-,Maintenance%20and%20repairs%20fees,-Many%20Auckland%20property">Maintenance and Repairs Fees</a></li>
<li>5. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=5.-,Inspection%20fees,-Regular%20property%20inspections">Inspection Fees</a></li>
<li>6. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=6.-,Additional%20property%20management%20charges,-Many%20Auckland%20property">Additional Property Management Charges</a></li>
</ul>
</li>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=The%20value%20of%20professional%20property%20management">The True Value of Professional Property Management</a>
<ul>
<li>1. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=Increased%20rental%20yield">Increased Rental Income</a></li>
<li>2. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=2.-,Time%20savings,-Self%2Dmanaging%20a">Time Savings</a></li>
<li>3. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=3.-,Reduced%20stress,-Dealing%20with%20difficult">Stress Reduction</a></li>
<li>4. <a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=4.-,Legal%20compliance,-Rental%20property%20legislation">Legal Protection</a></li>
</ul>
</li>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=Harper%20Properties%E2%80%99%20fee%20structure%20vs.%20industry%20standard">Harper Properties Fee Structure</a></li>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=Auckland%20management%20companies.-,Why%20Auckland%20property%20owners%20choose%20Harper%20Properties,-Founded%20in%202004">Why Auckland Property Owners Choose Harper Properties</a></li>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=your%20specific%20needs-,Answering%20your%20questions%20about%20property%20management%20fees,-How%20much%20does">Answering your questions about property management fees</a>
<ul>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=property%20management%20fees-,How%20much%20does%20a%20property%20manager%20cost%20in%20Auckland%3F,-Property%20management%20costs">How much does a property manager cost in Auckland</a>?</li>
<li><a href="https://harperproperties.co.nz/property-management-fees-guide/#:~:text=without%20hidden%20costs.-,What%20is%20the%20maximum%20property%20management%20fee,-%3F">What is the maximum property management fee</a>?</li>
</ul>
</li>
</ul>
<h2>What’s included in property management fees</h2>
<p>Property management companies across Auckland structure their fees differently. The key is finding a company whose pricing model aligns with your investment goals while providing exceptional value.</p>
<p>Property management is an investment that should deliver returns through better tenant quality, reduced vacancies, optimal rent setting, and professional handling of all property-related matters — all while giving you back your valuable time.</p>
<h3>1. Setup and onboarding fees</h3>
<p>Many Auckland property managers may charge an initial setup fees ranging from when you first sign with them. This fee typically covers:</p>
<ul>
<li>Initial property condition assessment</li>
<li>Setting up your account in their system</li>
<li>Notifying existing tenants of the management change</li>
<li>Property compliance checks</li>
</ul>
<p><strong>At Harper Properties’ we charge a one-off $199+GST for onboarding.</strong></p>
<h3>2. Letting or tenant placement fees</h3>
<p>Most property management companies charge a tenant placement fee when finding new renters for your property. In Auckland, this is commonly about one week’s rent.</p>
<p>This fee typically covers:</p>
<ul>
<li>Professional photography</li>
<li>Advertising on platforms like TradeMe and Realestate.co.nz</li>
<li>Tenant screening and background checks</li>
<li>Lease agreement preparation</li>
</ul>
<p><strong>Harper Properties charges $0 letting fees –</strong> yep, it’s free. We include comprehensive tenant placement services in our standard management fee. This includes professional photography, boosted TradeMe and Realestate.co.nz listings, and our rigorous tenant selection process.</p>
<p style="text-align: center;"><strong><em>&#8220;10/10! I highly recommend Harper Properties. The transition to Harper property a few years ago now was seamless, they handle absolutely everything at a high standard. Their prompt action for landlord and tenants needs are sorted very well and communication is fantastic.&#8221;</em></strong><br />
⭐⭐⭐⭐⭐<br />
<strong>– Leighton B, Harper Properties’ <a href="https://g.co/kgs/KdDRHPo" target="_blank" rel="noopener nofollow">Google Reviews</a></strong></p>
<h3>3. Ongoing management fees</h3>
<p>This is the primary property management fee structure that most property managers use, typically calculated in one of two ways:</p>
<table style="height: 203px;" width="808">
<tbody>
<tr>
<td><strong>Fee type</strong></td>
<td><strong>What it means</strong></td>
</tr>
<tr>
<td><strong>Percentage-based management fee</strong></td>
<td>The industry standard in Auckland ranges from 6-10% of collected rent. For example, if your property rents for $600 weekly ($2,600 monthly), you might pay between $156-260 monthly at an 8-10% rate.</td>
</tr>
<tr>
<td><strong>Flat-rate management fee</strong></td>
<td>Some companies charge a fixed monthly amount regardless of rental income. This can range from $100-200 per month depending on property size and location.</td>
</tr>
</tbody>
</table>
<p><strong>Harper Properties charges a straightforward 8.5% management fee</strong> with no hidden costs. Our fee is competitive while covering comprehensive services that other companies charge extra for, giving you better overall value.</p>
<h3>4. Maintenance and repairs fees</h3>
<p>Many Auckland property managers charge additional fees for coordinating <a href="https://harperproperties.co.nz/property-maintenance-checklist/" target="_blank" rel="noopener">property maintenance</a>:</p>
<ul>
<li>5-10% of repair costs</li>
<li>Callout fees for emergency repairs</li>
<li>Administrative charges for organising multiple quotes</li>
</ul>
<p>Harper Properties charge 0% outgoings/maintenance fees. Unlike many Auckland property managers who add surcharges to maintenance costs, we never mark up contractor invoices or charge coordination fees.</p>
<h3>5. Inspection fees</h3>
<p>Regular property inspections are crucial for maintaining your rental property. Many companies charge:</p>
<ul>
<li>$50-75 per inspection</li>
<li>Additional fees for special inspection reports eg. for Healthy Homes compliance</li>
</ul>
<p><strong>Harper Properties charges a transparent $45+GST per inspection</strong> with comprehensive digital reports included. Our thorough inspection process includes detailed photos and condition assessments to keep you fully informed.</p>
<p style="text-align: center;"><strong><em>“We have been using Harper Properties for about 15 years and have found them very reliable and upfront with the condition of the property and in their dealings with the tenants. They provide photo inspections every three months and attach comments regarding suggested work around the property to maintain it as a comfortable residence.</em></strong><br />
<strong><em>They have responded on a number of occasions to one-off emergencies from the tenants and resolved issues like the leaking roof which caused a power short in the middle of the night and they have also facilitated several large projects like re-roofing the house.”</em></strong><br />
<strong><em>⭐⭐⭐⭐⭐</em></strong><br />
<strong><em>– Craig Harper, Harper Properties’ <a href="https://g.co/kgs/KdDRHPo" target="_blank" rel="noopener nofollow">Google Reviews</a></em></strong></p>
<h3>6. Additional property management charges</h3>
<p>Many Auckland property managers include these extra fees:</p>
<table style="height: 117px;" width="717">
<tbody>
<tr>
<td>Advertising fees</td>
<td>
<ul>
<li>Professional photography</li>
<li>Premium listing upgrades</li>
<li>Marketing material preparation</li>
</ul>
</td>
</tr>
<tr>
<td>Administrative fees</td>
<td>
<ul>
<li>Tribunal representation</li>
<li>Lease renewal fees</li>
<li>Statement and documentation fees</li>
</ul>
</td>
</tr>
</tbody>
</table>
<p><strong>Harper Properties’</strong> &#8220;no surprises&#8221; approach means your 8.5% management fee covers almost everything, including:</p>
<ul>
<li>Professional photography at no extra cost</li>
<li>Super Featured TradeMe listings included</li>
<li>Realestate.co.nz and allhouse.co.nz listings</li>
<li>Compliance management</li>
<li>Comprehensive tenant screening</li>
</ul>
<p>Harper Properties offers expert property management across all Auckland regions:</p>
<ul>
<li><a href="https://harperproperties.co.nz/areas/auckland-property-management/central-auckland/" target="_blank" rel="noopener">Central Auckland Property Management</a> — covering CBD, Parnell, Ponsonby, Mt Eden and more</li>
<li><a href="https://harperproperties.co.nz/areas/auckland-property-management/north-shore/" target="_blank" rel="noopener">North Shore Property Management</a> – serving Takapuna, Albany, Milford and surrounding areas</li>
<li><a href="https://harperproperties.co.nz/areas/auckland-property-management/west-auckland/" target="_blank" rel="noopener">West Auckland Property Management</a> — managing properties in Henderson, New Lynn, Te Atatu and beyond</li>
<li><a href="https://harperproperties.co.nz/areas/auckland-property-management/east-auckland/" target="_blank" rel="noopener">East Auckland Property Management</a> – covering Howick, Pakuranga, Botany and neighboring suburbs</li>
<li><a href="https://harperproperties.co.nz/areas/auckland-property-management/south-auckland/" target="_blank" rel="noopener">South Auckland Property Management</a> – serving Manukau, Papakura, Takanini and more</li>
</ul>
<p>Each area has a unique and dynamic rental market, which our local specialists understand intimately.</p>
<h2>The value of professional property management</h2>
<p>While property management fees are an important consideration, the real question is: what tangible value do you receive for your investment? With Harper Properties managing your Auckland rental property, you benefit from:</p>
<h3>1. Increased rental yield</h3>
<p>Our market knowledge and comprehensive rental appraisals ensure you receive optimal rent while minimising vacancies. In fact, professional property management <a href="https://www.allpropertymanagement.com/resources/top-articles/survey-reveals-that-professional-property-managers-cut-vacancy-rates-in-half/" target="_blank" rel="noopener nofollow">can reduce vacancy rates by up to 50%</a>, directly improving your annual returns.</p>
<h3>2. Time savings</h3>
<p>Self-managing a rental property requires significant time and can feel like a full-time job — advertising, tenant screening, maintenance coordination, rent collection, being available to tenants, and legal compliance are just a few of the resource-intensive tasks. Our experienced team handles everything, freeing up hours of your time each month to focus on other priorities or investments.</p>
<h3>3. Reduced stress</h3>
<p>Dealing with difficult tenants, emergency repairs, and legal issues creates significant stress for property owners. Our relationship-focused approach and experienced team manage these challenges professionally, giving you genuine peace of mind and improving your quality of life.</p>
<h3>4. Legal compliance</h3>
<p>Rental property legislation in New Zealand is complex and constantly changing. Our team stays current with all regulations, protecting you from potential legal issues and costly penalties that can reach thousands of dollars for non-compliance.</p>
<p style="text-align: center;"><strong><em>&#8220;We have been dealing with McKenzie Clifton at Harpers for several years and she has done an exceptional job, in particular taking care of tradies when maintenance was required. She took all the hassle away from me and did so in a timely fashion and kept me updated of progress. Would highly recommend.&#8221; </em></strong><br />
<strong><em>⭐⭐⭐⭐⭐</em></strong><br />
<strong><em>– Wayne McClennan Harper Properties’ <a href="https://g.co/kgs/KdDRHPo" target="_blank" rel="noopener nofollow">Google Reviews</a></em></strong></p>
<h2>Harper Properties’ fee structure vs. industry standard</h2>
<p>Below is a comprehensive comparison of our simple fee structure against Auckland industry standards.</p>
<table style="height: 255px;" width="650">
<tbody>
<tr>
<td><strong>Service</strong></td>
<td><strong>Industry Standard</strong></td>
<td><strong>Harper Properties</strong></td>
</tr>
<tr>
<td>Setup and onboarding fee</td>
<td>$250-500</td>
<td>$199+GST</td>
</tr>
<tr>
<td>Letting fee</td>
<td>One week’s rent (roughly $670 based on February 2025 figures)</td>
<td>$0</td>
</tr>
<tr>
<td>Management fee</td>
<td>6-10% of rent collected</td>
<td>8.5% (no surprises)</td>
</tr>
<tr>
<td>Inspection fee</td>
<td>$50-75 per inspection</td>
<td>$45+GST per inspection</td>
</tr>
<tr>
<td>Professional photography</td>
<td>$150+</td>
<td>Included</td>
</tr>
<tr>
<td>Premium listings on property marketplaces</td>
<td>+$395</td>
<td>Included</td>
</tr>
<tr>
<td>Tribunal representation</td>
<td>$75+</td>
<td>Included</td>
</tr>
</tbody>
</table>
<p>This direct comparison shows how Harper Properties’ straightforward pricing model eliminates the hidden fees and charges that often surprise property owners working with other Auckland management companies.</p>
<h2>Why Auckland property owners choose Harper Properties</h2>
<p>Founded in 2004, Harper Properties has grown into a leading independent property management company by focusing on relationships first. We believe that property is just the industry we&#8217;re in — people are our true focus.</p>
<p>Our clients consistently praise our:</p>
<ul>
<li><strong>Responsive communication:</strong> Quick replies and regular updates</li>
<li><strong>Proactive approach:</strong> Addressing issues before they become problems</li>
<li><strong>Transparent reporting:</strong> Detailed, easy-to-understand property reports</li>
<li><strong>Expert local knowledge:</strong> Deep understanding of Auckland&#8217;s rental markets</li>
<li><strong>Comprehensive tenant screening:</strong> Finding reliable, respectful tenants</li>
<li><strong>Technology integration:</strong> Modern systems for efficient management</li>
</ul>
<p style="text-align: center;"><em><strong>&#8220;Harper Properties are AMAZING!!!! We have always had such responsive service and we totally trust them to advocate for us to get the best tenants and keep our home safe!!! Special shout out to McKenzie for outstanding ongoing support!! McKenzie is soooo good at looking after our interests and we trust her wholeheartedly!!!&#8221; </strong></em><br />
<em><strong>⭐⭐⭐⭐⭐</strong></em><br />
<em><strong>– Caro Watts, Harper Properties’ <a href="https://g.co/kgs/KdDRHPo" target="_blank" rel="noopener nofollow">Google Reviews</a></strong></em></p>
<p><a href="https://harperproperties.co.nz/free-rental-appraisal-auckland/#rentappraisal" target="_blank" rel="noopener">Request a free rental appraisal</a> to understand your property&#8217;s potential or <a href="tel:+6493612810">speak with your local property manager </a>about your specific needs</p>
<h2>Answering your questions about property management fees</h2>
<h3>How much does a property manager cost in Auckland?</h3>
<p>Property management costs in Auckland typically include a management fee of 6-10% of collected rent, plus additional charges like letting fees (often one week&#8217;s rent), inspection fees ($50-75), and additional costs for marketing your property.</p>
<p>At Harper Properties, we charge a one-off $199+GST for onboarding, then 8.5% management fee, $0 letting fees, 0% maintenance markup, and $45+GST per inspection — offering comprehensive management without hidden costs.</p>
<h3>What is the maximum property management fee?</h3>
<p>There is no legally mandated maximum for property management fees in New Zealand. Most Auckland property managers charge between 6-10% of rental income for management services, with additional fees for specific services. When comparing companies, focus on the total cost including all potential charges rather than just the base management percentage.</p>
<p>Harper Properties&#8217; transparent 8.5% fee with minimal additional charges often provides better value than competitors with lower base rates but numerous add-on fees.</p>
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		<title>Questions to ask a potential property manager</title>
		<link>https://harperproperties.co.nz/questions-to-ask-a-property-manager/</link>
					<comments>https://harperproperties.co.nz/questions-to-ask-a-property-manager/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Sun, 23 Jun 2024 21:40:27 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harper.icandymedia.co.nz/?p=1019</guid>

					<description><![CDATA[Hiring the right property manager in New Zealand can make a world of difference for landlords. A good property manager will ensure your investment properties are well-maintained, occupied by good tenants, and return excellent yields. With many property managers in Auckland to choose from, you must ask the right questions to make an informed decision that aligns with your goals ... <div><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>Hiring the right property manager in New Zealand can make a world of difference for landlords.</p>
<p><strong>A good property manager will ensure your investment properties are well-maintained, occupied by good tenants, and return excellent yields.</strong></p>
<p>With many property managers in Auckland to choose from, you must ask the right questions to make an informed decision that aligns with your goals and priorities. Your investment deserves nothing less than the best care.</p>
<p>In this article…</p>
<ul>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=with%20Harper%20Properties-,Ask%20what%20they%20can%20do%20for%20you%20and%20how%20much%20it%20costs,-Of%20course%2C%20value">Ask what they can do for you and how much it costs</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=property%20is%20vacant.-,Ask%20about%20what%20areas%20of%20property%20management%20they%20specialise%20in,-As%20a%20landlord">Ask about what areas of property management they specialise in</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=rental%20market%20dynamics.-,Ask%20about%20their%20processes%20and%20compliance,-Don%E2%80%99t%20be%20afraid">Ask about their processes and compliance</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=another%20red%20flag.-,Ask%20how%20they%E2%80%99ll%20keep%20you%20updated,-Effective%20communication%20shouldn%E2%80%99t">Ask how they’ll keep you updated</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=another%20red%20flag.-,Ask%20how%20they%20manage%20tenancy%20issues,-One%20benefit%20property">Ask how they manage tenancy issues</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=outcomes%2C%20and%20strategies.-,Ask%20about%20how%20they%20conduct%20maintenance%20and%20inspections,-A%20good%20property">Ask about how they conduct maintenance and inspections</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=shared%20with%20landlords-,Ask%20about%20their%20resolution%20process,-Another%20key%20question">Ask about their resolution process</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=impartially%20and%20professionally.-,Ask%20about%20rent%20reviews%20and%20recommendations,-Rent%20reviews%20and">Ask about rent reviews and recommendations</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=amenities%20or%20services-,Ask%20if%20and%20how%20they%20select%20tenants,-A%20stringent%20screening">Ask if and how they select tenants</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=enforces%20your%20preferences.-,Ask%20how%20they%20handle%20emergencies,-Emergencies%20can%20strike">Ask how they handle emergencies</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=time%20and%20hassle.-,Ask%20about%20their%20bond%20policies%20and%20payment%20frequency,-The%20policies%20around">Ask about their bond policies and payment frequency</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=your%20rental%20properties.-,Ask%20about%20their%20legal%20and%20property%20market%20knowledge,-Property%20managers%20protect">Ask about their legal and property market knowledge</a></li>
<li><a href="https://harperproperties.co.nz/questions-to-ask-a-property-manager/#:~:text=other%20landlord%20clients.-,Make%20the%20right%20choice%20with%20Harper%20Properties,-At%20Harper%20Properties">Make the right choice with Harper Properties</a></li>
</ul>
<p>&nbsp;</p>
<h2>Ask what they can do for you and how much it costs</h2>
<p>Of course, value for money is one of the most critical factors influencing your decision to hire a property manager. If they’re going to be taking a cut of your rental earnings, you need to make sure what they’re providing in return is well-worth it.</p>
<p>Don&#8217;t be shy about asking detailed questions regarding their fees and services. <strong>A reputable property manager should be upfront and transparent about their pricing structure.</strong></p>
<p>&nbsp;</p>
<h3>What is your standard service rate, and what does it include?</h3>
<p>Property management fees are typically around 10% of the monthly rent, plus a one-time onboarding fee. A strong package includes:</p>
<ul>
<li>Marketing your property</li>
<li>Tenant screening</li>
<li>Inspections</li>
<li>Maintenance</li>
<li>Rent collection</li>
</ul>
<p><strong>At Harper Properties, we’re proud to offer a competitive 8.5% rate, just $45 per inspection, and no letting fees, maintenance fees, or add-ons.</strong> It’s one of the many reasons our clients love working with us.</p>
<p>&nbsp;</p>
<h3>Are there any non-standard charges, and in what instances would they apply?</h3>
<p>Property managers may charge more for managing contractors for repairs, renovations, evictions, or Tenancy Tribunal hearings. Knowing who has to pay for these costs beforehand is important to avoid surprises later.</p>
<p>&nbsp;</p>
<h3>Do you charge fees even when the property is vacant?</h3>
<p>Check if the property manager offers a reduced fee or waives their service rate when the property is vacant.</p>
<p>&nbsp;</p>
<h2>Ask about what areas of property management they specialise in</h2>
<p>As a landlord, you’ll want to work with a property manager whose expertise aligns with your property type and location. <strong>Different areas and property categories require unique knowledge and experience to manage effectively.</strong></p>
<p>For instance, managing a high-end apartment complex in Auckland CBD demands a different skill set than overseeing a portfolio of family homes in Howick.</p>
<p>&nbsp;</p>
<h3>What is your property management specialty in terms of location and types of tenancy?</h3>
<p>A good property manager should know their strengths and what type of properties they&#8217;re confident in managing. If they claim to be a jack-of-all-trades, you might want to dive deeper – you want a specialist, not a generalist.</p>
<p>Additionally, consider the property management company&#8217;s geographic coverage. If your properties are spread across multiple regions, you&#8217;ll want a manager with a strong local presence and a deep know-how of each area&#8217;s rental market dynamics.</p>
<p>&nbsp;</p>
<h2>Ask about their processes and compliance</h2>
<p>Don&#8217;t be afraid to dig into the nitty-gritty details here — an ounce of prevention is worth a pound of cure. <strong>Strong in-house processes help secure full compliance with relevant regulations and laws.</strong></p>
<p>&nbsp;</p>
<h3>What is your in-house service compliance process?</h3>
<p>A good property management company should have strong internal processes. Ask to see their quality control and compliance procedures and check for clear workflows and oversight.</p>
<p>&nbsp;</p>
<h3>How do you ensure legal compliance with tenancy regulations and local laws?</h3>
<p>Property management is a minefield of rules and regulations that differ across regions. An experienced Auckland property manager will be an expert on all the relevant tenancy laws in your area.</p>
<p>The right company will also have documented policies, training and quality checks to guarantee they never put you or your investment at risk through non-compliance. If they seem vague on the specifics, it&#8217;s another red flag.</p>
<p>&nbsp;</p>
<h2>Ask how they’ll keep you updated</h2>
<p><strong>Effective communication shouldn’t just be a nice benefit.</strong> Especially when the property manager is responsible for one of your biggest investments.</p>
<p>&nbsp;</p>
<h3>How often do you communicate with and report to landlords?</h3>
<p>Property managers should have good communication skills. They should give monthly reports on:</p>
<ul>
<li>Rent collected</li>
<li>Maintenance issues</li>
<li>Inspections</li>
</ul>
<p>The best managers give updates on potential vacancies or tenant issues.</p>
<p>&nbsp;</p>
<h3>Can you provide an example of a monthly report that landlords receive?</h3>
<p>Don&#8217;t just take their word for it – ask to see a sample report. A good report contains all the important details. If the report looks sparse or disorganised, it could be yet another red flag.</p>
<p>&nbsp;</p>
<h2>Ask how they manage tenancy issues</h2>
<p><strong>One <a href="https://harperproperties.co.nz/property-manager-benefits/" target="_blank" rel="noopener">benefit property managers</a> bring is their clever strategies for managing tenancy issues.</strong></p>
<p>&nbsp;</p>
<h3>What are your tenant-churn rates, and how do you manage tenant turnover?</h3>
<p>High tenant turnover affects rental income and profitability. Ask about the average tenant tenure and vacancy rates to know what to expect in the long run.</p>
<p>&nbsp;</p>
<h3>What measures do you take to ensure prompt rent collection and minimise arrears?</h3>
<p>Late rent payments disrupt your cash flow and signal communication breakdowns with tenants.</p>
<p>Agencies have strict rent collection protocols, such as:</p>
<ul>
<li>Issuing arrears notices</li>
<li>Pursuing debt recovery</li>
<li>Maintaining an arrears database</li>
</ul>
<p>&nbsp;</p>
<p>Have you had to go to the Tenancy Tribunal, and were you successful?</p>
<p>Tenancy disputes might still occur despite precautions. A good property manager should have a history of successfully representing landlords in court.</p>
<p><strong>Tip: Dig deeper and ask about their experience with the legal system, case outcomes, and strategies.</strong></p>
<p>&nbsp;</p>
<h2>Ask about how they conduct maintenance and inspections</h2>
<p>A good property manager takes maintenance and inspections very seriously. <strong>Regular property inspections and preventative maintenance help ‌protect your investment and keep tenants happy.</strong></p>
<p>&nbsp;</p>
<h3>How do you respond to repair and maintenance calls?</h3>
<p>You&#8217;ll want to know the typical response times for urgent and non-urgent repairs and how they assess and prioritise maintenance requests. A good property will have a <a href="https://harperproperties.co.nz/property-maintenance-checklist/" target="_blank" rel="noopener">property maintenance checklist</a> and a few reliable licensed tradies on call.</p>
<p>&nbsp;</p>
<h3>How often do you inspect properties, and how do you document inspections?</h3>
<p>Regular inspections help identify any issues early before they become costly problems. Find out:</p>
<ul>
<li>How do they schedule inspections</li>
<li>What they look for</li>
<li>How inspection reports are shared with landlords</li>
</ul>
<p>&nbsp;</p>
<h2>Ask about their resolution process</h2>
<p>Another key question to ask a property manager is how they can resolve issues that may arise during the tenancy. <strong>A good resolution process can minimise stress, protect your investment, and make it a positive experience for both landlords and tenants.</strong></p>
<p>&nbsp;</p>
<h3>How soon do landlords discover rent arrears, damages, or abandonment issues?</h3>
<p>A professional property manager should have well-defined procedures in place to address these concerns promptly and fairly.</p>
<p>For instance, if a tenant falls behind on rent, you&#8217;ll want to know how quickly the property manager will notify you and what steps they will take to rectify the situation.</p>
<ul>
<li>Will they issue notices?</li>
<li>Follow up with the tenant?</li>
<li>Or initiate legal proceedings if necessary?</li>
</ul>
<p>Understanding their process for handling rent arrears can give you peace of mind and help you make informed decisions.</p>
<p>&nbsp;</p>
<h3>How do you handle disputes between tenants and landlords, and what is your conflict resolution process?</h3>
<p>Disputes between tenants and landlords can also arise. Inquire about their conflict resolution process and the mediation or escalation procedures. A skilled property manager should have the expertise to deal with these situations impartially and professionally.</p>
<p>&nbsp;</p>
<h2>Ask about rent reviews and recommendations</h2>
<p>Rent reviews and recommendations from your property manager can greatly impact your rental returns over time. <strong>It&#8217;s important to understand their approach and how often they&#8217;ll assess the market to maximise your income.</strong></p>
<p>&nbsp;</p>
<h3>How often do you review rent, and what factors inform your decision to raise rent?</h3>
<p>A property manager regularly checks the local rental market for reasons to <a href="https://harperproperties.co.nz/how-to-increase-rental-income/" target="_blank" rel="noopener">increase rental income</a>. They consider factors like:</p>
<ul>
<li>Comparable rates</li>
<li>Demand</li>
<li>Property conditions</li>
<li>Economic trends</li>
</ul>
<p>&nbsp;</p>
<h3>Do you regularly make suggestions and recommendations to help landlords increase their rental return?</h3>
<p>The best property managers don&#8217;t just wait for rent reviews — they&#8217;ll actively identify opportunities to increase your returns. They will advise on:</p>
<ul>
<li>Renovations</li>
<li>Upgrades</li>
<li>Strategies for reducing vacancy periods</li>
<li>Ideas for amenities or services</li>
</ul>
<p>&nbsp;</p>
<h2>Ask if and how they select tenants</h2>
<p>A stringent screening process is worth the long wait.<strong> It minimises future headaches around missed payments, property damage, and drawn-out evictions.</strong></p>
<p>&nbsp;</p>
<h3>How do you background check potential tenants, and what informs your decision?</h3>
<p>The most experienced property managers can sniff out liars and troublemakers from the first interaction. However, you’ll still want to know if they will do their due diligence and follow through with:</p>
<ul>
<li>Background checks</li>
<li>Employment verification</li>
<li>Credit checks</li>
<li>Reference calls</li>
</ul>
<p>&nbsp;</p>
<h3>Do landlords approve tenant selection?</h3>
<p>It&#8217;s wise to clarify if you, as the landlord, want to have final approval over tenant selection. Some managers make the call themselves, while others like to involve the owner.</p>
<p>And if you have specific criteria, like no pets or students, confirm the manager enforces your preferences.</p>
<p>&nbsp;</p>
<h2>Ask how they handle emergencies</h2>
<p><strong>Emergencies can strike at any time, and how they are managed can significantly impact your property&#8217;s condition and your tenants&#8217; satisfaction.</strong></p>
<p>Understanding a property manager&#8217;s emergency protocols helps guarantee that you&#8217;re not left in the dark when urgent situations arise.</p>
<p>&nbsp;</p>
<h3>How do you handle necessary repairs in an emergency, and do you seek landlord permission beforehand?</h3>
<p>Look for agents who prioritise swift and effective responses to handle urgent repairs immediately to prevent further damage.</p>
<p>Property managers also typically ask a landlord for permission to incur significant expenses. However an experienced team might make certain decisions on the spot when necessary to save time and hassle.</p>
<p>&nbsp;</p>
<h2>Ask about their bond policies and payment frequency</h2>
<p><strong>The policies around bonds and rent payments directly impact your cash flow and financial security as a landlord.</strong></p>
<p>&nbsp;</p>
<h3>What are your bond policies, and how much bond do you collect at the start of a tenancy?</h3>
<p>In New Zealand, the regular bond amount for short-term tenancies is four weeks&#8217; rent. However, some property managers may have other policies, so check their approach. A good property manager should collect the highest possible bond to protect your interests as a landlord.</p>
<p>&nbsp;</p>
<h3>How often will landlords be paid rent?</h3>
<p>As a landlord, you want to know how often you&#8217;ll get rent payments from your property manager. That way, you can count on a steady income from your rental properties.</p>
<p>&nbsp;</p>
<h2>Ask about their legal and property market knowledge</h2>
<p><strong>Property managers protect and increase your yields by staying on top of the ever-changing rental laws and regulations.</strong></p>
<p>&nbsp;</p>
<h3>What support do you offer landlords in terms of legal compliance and regulatory updates?</h3>
<p>A great property manager should clearly explain how they&#8217;ll protect your properties and follow laws when they change.</p>
<p>&nbsp;</p>
<h3>How do you stay updated on market trends and changes in rental laws?</h3>
<p>Ask for evidence that they actually analyse rental data for your area. The best operators will be able to show examples of how their data-driven approach has benefited other landlord clients.</p>
<p>&nbsp;</p>
<h2>Make the right choice with Harper Properties</h2>
<p>At Harper Properties, we pride ourselves on our commitment to transparency, proactive communication, and stringent tenant screening processes. With over 40 years of combined experience, we manage properties with the same care and dedication as if they were our own.</p>
<p>Our competitive rates, comprehensive compliance handling, and advanced tenant screening technology set us apart, ensuring your investment is protected and your rental returns are maximised.</p>
<p>Contact Harper Properties today at 093612810 or <a href="mailto:auckland@harperproperties.co.nz" target="_blank" rel="noopener">auckland@harperproperties.co.nz</a> to schedule a consultation and experience the peace of mind that comes with partnering with a trusted and reliable property management team.</p>
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		<title>How To Increase Your Rental Income</title>
		<link>https://harperproperties.co.nz/how-to-increase-rental-income/</link>
					<comments>https://harperproperties.co.nz/how-to-increase-rental-income/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Mon, 10 Jun 2024 00:33:55 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<category><![CDATA[Property News]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1480</guid>

					<description><![CDATA[We know from over 40 years of experience that real estate isn’t just an investment to “set and forget.” Landlords who are serious about boosting their rental income need to proactively assess and optimise the value of their property, so that tenants are prepared to pay more. So, what are some of the best ways to increase rental income if ... <div><a href="https://harperproperties.co.nz/how-to-increase-rental-income/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>We know from over 40 years of experience that real estate isn’t just an investment to “set and forget.”</p>
<p>Landlords who are serious about boosting their rental income need to proactively assess and optimise the value of their property, so that tenants are prepared to pay more.</p>
<p>So, what are some of the best ways to increase rental income if you are a landlord in Auckland?</p>
<p>&nbsp;</p>
<h2>What Is a Reasonable Rent Increase In NZ?</h2>
<p>A “reasonable” rent increase is any amount that takes the property up to evidence-based “market rent”.</p>
<p>It’s important, however, to comply with tenancy laws in NZ around rent increases:</p>
<ul>
<li>Rent can only be increased once every 12 months.</li>
<li>Increases can occur 12 months after the tenancy starts, and not within 12 months of the last increase.</li>
<li>Landlords must give tenants at least 60 days’ written notice.</li>
<li>Landlords can determine the amount of increase but must follow proper procedures.</li>
<li>Tenants can contest rent increases if they believe they&#8217;re excessive, and landlords must consider any agreements or improvements benefiting tenants.</li>
</ul>
<p>If you are unsure what would be acceptable market rent, we urge you to research the market thoroughly.</p>
<p>Use authority sites like <a href="https://www.tenancy.govt.nz/rent-bond-and-bills/market-rent/" target="_blank" rel="noopener nofollow">Tenancy Services</a> to check the weekly rent for properties in your area:</p>
<p><img decoding="async" class="aligncenter wp-image-1481 size-full" src="https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent.png" alt="Tenancy services market rent" width="1186" height="487" srcset="https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent.png 1186w, https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent-300x123.png 300w, https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent-1024x420.png 1024w, https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent-768x315.png 768w, https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent-100x41.png 100w, https://harperproperties.co.nz/wp-content/uploads/2024/06/tenancy_services_market_rent-1000x411.png 1000w" sizes="(max-width: 1186px) 100vw, 1186px" /></p>
<p style="text-align: center;">Source: <a href="https://www.tenancy.govt.nz/rent-bond-and-bills/market-rent/" target="_blank" rel="noopener nofollow">Tenancy Services</a></p>
<p>Our experts in rental property management in Auckland help <a href="https://harperproperties.co.nz/what-you-need-to-know-to-understand-property-management-in-nz/" target="_blank" rel="noopener">landlords</a> to set an acceptable market rent, so that they can sustainably increase rental income.</p>
<p>&nbsp;</p>
<h2>6 Strategies to Boost Your Rental Income</h2>
<p>These are the best, justifiable ways to boost rental income in NZ:</p>
<h3>1. Upgrade The Appliances</h3>
<p>It’s well worth checking the age and condition of frequently used appliances in your property, such as washing machine, oven, stovetop, dishwasher, and microwave.</p>
<p>If they are old and at high risk of failing, prioritise replacing them with more modern and user-friendly models.</p>
<p>Not only could this help increase rental income, but as newer appliances will be less likely to break down, you will be less likely to have to pay to replace them at short notice.</p>
<h3>2. Consider Allowing Tenants to Keep Pets</h3>
<p>As of June 2024, the new government plans to make it easier for tenants to keep pets <a href="https://www.1news.co.nz/2024/04/15/landlords-will-be-able-to-charge-pet-bond-govt/" target="_blank" rel="noopener nofollow">while introducing pet bonds</a> to increase landlords&#8217; rental income.</p>
<p>How we advise you approach this as landlords:</p>
<ul>
<li>Consider implementing a pet bond of up to two weeks&#8217; rent to protect you from potential pet-related damages beyond &#8220;fair wear and tear.&#8221;</li>
<li>Require tenants to obtain consent before bringing pets into the property.</li>
<li>Recognise the demand for pet-friendly rental properties so you can attract a broader pool of renters and potentially increase your rental income</li>
</ul>
<p>This helps to make a “pet-friendly” approach one of the easiest ways to increase rental income, given the relative lack of rental properties on the market that allow pets.</p>
<h3>3. Invest In Storage Solutions</h3>
<p>Replacing or introducing cupboards and drawers in areas such as the kitchen and the bedroom can boost a property’s visual appeal and practicality.</p>
<h3>4. Add Another Bedroom</h3>
<p>There might be an additional living space in your property that you could split to create an extra bedroom. This can make a property more attractive for tenants seeking additional bedrooms, thereby increasing the rental value.</p>
<p>However, you should ensure that any “new” bedroom you create has enough space for a double bed and wardrobe.</p>
<h3>5. Provide Parking</h3>
<p>Depending on the location, this might not always be feasible. However, putting down gravel or concrete to create a parking space can increase a property’s appeal for tenants who depend on their vehicles.</p>
<h3>6. Furnish The Property</h3>
<p>A fully furnished apartment is usually worth more than a partly furnished or unfurnished property.</p>
<p>This is because some shorter-term tenants are happy to pay a little extra in rent to have the essential furniture and curtains in their rented home, in the knowledge that they may not be staying there in the long term and might wish to buy such furnishings for themselves.</p>
<p>&nbsp;</p>
<h2>The Impact of Expert Property Management</h2>
<p>There are many <a href="https://harperproperties.co.nz/the-advantages-and-disadvantages-of-using-a-property-manager-to-rent-out-your-property/" target="_blank" rel="noopener">benefits of property managers</a> that can help to increase rental income. A reputable property manager can oversee a wide range of aspects of managing your property.</p>
<p>For example, at Harper Properties, we support with:</p>
<ul>
<li><strong>Vetting potential tenants,</strong> managing the tenant relationship once someone has begun to rent the property, and arranging essential maintenance and repairs.</li>
<li><strong>Handling important yet tedious aspects of property management,</strong> such as organising maintenance and repairs and ensuring the aesthetic appeal of the property</li>
<li><strong>Provide insights into local laws and market dynamics,</strong> ensuring compliance with regulations and optimising rental strategies tailored to the current demand, whether it&#8217;s for students, families, or working professionals.</li>
<li><strong>Facilitating communication with tenants,</strong> including discussing rent changes professionally and tactfully, relieving landlords from potentially uncomfortable conversations and ensuring smooth tenant relations</li>
</ul>
<p>These steps will help maintain the value of your property, and ensuring that the best tenants stay long-term. This, in turn, will help you maintain a healthy and consistent rental income over time.</p>
<p>&nbsp;</p>
<h2>Success Story: How We Help Increase Rental Income</h2>
<p>We recently managed to refurbish an old, rundown home in Manurewa for an overseas client.</p>
<p>Within the budget set by the property owner, we made minor improvements to modernise the kitchen, including:</p>
<ul>
<li>Painting the fronts of cupboards.</li>
<li>Installing a new oven, rangehood, and dishwasher.</li>
</ul>
<p>We also upgraded other areas of the property, such as:</p>
<ul>
<li>Painting the walls.</li>
<li>Installing a new shower in the ensuite.</li>
<li>Converting the old bath in the separate full bathroom into a shower-over-bath.</li>
<li>Installing a glass screen to add an extra shower.</li>
</ul>
<p>We completed all necessary work to satisfy the NZ Government’s healthy homes standards.</p>
<p><strong>We ultimately re-listed the property for $150 per week more than the owner had previously been able to achieve.</strong></p>
<p>This example is typical of the kind of work we do all the time as a firm specialising in <a href="https://harperproperties.co.nz/areas/auckland-property-management/central-auckland/" target="_blank" rel="noopener">property management in Central Auckland</a>, West Auckland, East Auckland, and other areas. It shows that just a few minor improvements can make a big difference to a tenant&#8217;s perception of a property&#8217;s value.</p>
<p>&nbsp;</p>
<h2>Let’s Discuss Your Property’s Rent Potential</h2>
<p>We can also discuss how we can help manage your real estate investment in Auckland, so that you can enjoy higher returns and long-term financial success.</p>
<p>Give us a call on 09 361 2810 or email us at auckland@harperproperties.co.nz.</p>
<p>&nbsp;</p>
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		<title>Why Use a Property Manager? Top 8 Benefits of Hiring Property Managers in Auckland</title>
		<link>https://harperproperties.co.nz/property-manager-benefits/</link>
					<comments>https://harperproperties.co.nz/property-manager-benefits/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Thu, 16 Nov 2023 20:56:16 +0000</pubDate>
				<category><![CDATA[Property News]]></category>
		<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1351</guid>

					<description><![CDATA[Rather than asking, &#8220;Why use a property manager?&#8221; surely the real question is, &#8220;Would you want to miss out on the benefits?&#8221; Property managers like Harper Properties play a critical role in using Auckland&#8217;s local market knowledge, network and experience to optimise your rental income and ensure a smooth operation of your property investment. We handle everything from tenant selection ... <div><a href="https://harperproperties.co.nz/property-manager-benefits/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>Rather than asking, &#8220;Why use a property manager?&#8221; surely the real question is, &#8220;Would you want to miss out on the benefits?&#8221; Property managers like <a href="https://harperproperties.co.nz/what-you-need-to-know-to-understand-property-management-in-nz/" target="_blank" rel="noopener">Harper Properties</a> play a critical role in using Auckland&#8217;s local market knowledge, network and experience to optimise your rental income and ensure a smooth operation of your property investment.</p>
<p>We handle everything from tenant selection to rental collection and overseeing maintenance to relieve you of the burdens of day-to-day management and allow you to enjoy the rewards of passive income and peace of mind.</p>
<p>So, if you&#8217;re wondering if partnering with a property manager is worth the investment, allow us to shed some light on this. Here are eight compelling reasons why you should consider using a property manager in Auckland.</p>
<p>&nbsp;</p>
<h2>Legal and Regulatory Compliance</h2>
<p>Understanding the nuances of <a href="https://harperproperties.co.nz/what-you-need-to-know-to-understand-property-management-in-nz/" target="_blank" rel="noopener">New Zealand</a>&#8216;s real estate laws and regulations is a complex task. It can quickly become overwhelming for someone outside of the industry or those relatively new to property investment. This is where a property manager comes in invaluable.</p>
<ul>
<li><strong>Legal Knowledge:</strong> Into every aspect of property management, legal knowledge is woven. From tenancy agreements to housing standards, a professional property manager stays informed about the property laws in New Zealand. We ensure your property stays compliant with the <a href="https://legislation.govt.nz/act/public/2020/0059/latest/LMS294929.html" target="_blank" rel="noopener nofollow">Residential Tenancies Amendment Act</a>, the <a href="https://www.tenancy.govt.nz/healthy-homes/about-the-healthy-homes-standards/" target="_blank" rel="noopener nofollow">Healthy Homes Standards</a>, and other relevant regulations.</li>
<li><strong>Regulatory Practice:</strong> Beyond the theoretical realm of laws, practising regular compliance is essential. The property manager handles regular inspections, maintenance documentation, and incident reports, all aligned with council and government requirements.</li>
</ul>
<p>&nbsp;</p>
<h2>Ensuring Rental Income</h2>
<p>Property managers are experts at getting your property rented, and here&#8217;s the proof: it&#8217;s reported that <a href="https://westpropertymanagement.net/professional-property-managers-reduce-rental-vacancy-rates-nearly-40/" target="_blank" rel="noopener nofollow">property managers can reduce vacancy rates by up to 50%</a>. That&#8217;s a huge benefit!</p>
<p>We know the local market inside out, using our connections and savvy marketing to find reliable tenants fast. Plus, we set the right rent prices to maximise your income without scaring off tenants.</p>
<p>With the right property manager, you&#8217;ll have your property occupied, rent flowing in, and any tenant issues handled smoothly. It&#8217;s a smart move that keeps your rental income on the up and up while taking the stress off your plate.</p>
<p>&nbsp;</p>
<h2>Adept with Local Market Conditions</h2>
<p>We&#8217;re not just experts; we&#8217;re your neighbours, too. The advantages of using a local property manager based in the Auckland area, like Harper Properties, are plenty:</p>
<ol>
<li><strong>In-Depth Local Knowledge:</strong> We have a deep understanding of the Auckland real estate market, including neighbourhood-specific trends, rental rates, and tenant preferences.</li>
<li><strong>Extensive Geographic Coverage:</strong> We manage properties all the way from Warkworth to Pokeno, North Shore, West Auckland, East, and the central Auckland suburbs like Stonefields, ensuring that no matter where your property is located in Auckland, we have the local expertise to handle it effectively.</li>
<li><strong>Prompt Maintenance:</strong> With a network of trusted local contractors, we can quickly address maintenance and repair issues, keeping your property in good condition.</li>
<li><strong>Market Competitive Pricing:</strong> Harper Properties can help you set competitive rental prices, maximising your income while attracting quality tenants.</li>
</ol>
<p>&nbsp;</p>
<h2>Time-Saving Convenience</h2>
<p>Time is money, and managing a property can take up a lot of your time. That&#8217;s where a property manager steps in to save you valuable hours and reduce stress. On average, <a href="https://www.biggerpockets.com/forums/52/topics/454661-average-hours-spent-on-rental-property" target="_blank" rel="noopener nofollow">property managers can save owners 8 hours per month by</a>:</p>
<ol>
<li><strong>Efficient Tenant Screening:</strong> We handle the exhaustive task of tenant screening, saving you from sifting through numerous applications and conducting background checks. This ensures you get reliable tenants without investing your valuable time.</li>
<li><strong>Around-the-Clock Maintenance Coordination:</strong> Property issues can arise at any hour. We&#8217;ll take care of maintenance and repair calls, coordinating with local service providers, so you don&#8217;t have to drop everything to deal with emergencies.</li>
<li><strong>Rent Collection:</strong> No need to chase tenants for rent payments. Harper Properties will handle rent collection, ensuring a consistent cash flow while you focus on your other priorities.</li>
<li><strong>Regular Inspections:</strong> We conduct routine property inspections, addressing issues before they become major problems. This proactive approach saves you time and money.</li>
</ol>
<p>&nbsp;</p>
<h2>High-Level Marketing And Advertising</h2>
<p>Harper Properties offers a significant advantage when it comes to marketing your property. We provide the highest level of marketing, including professional photos and boosted listings on TradeMe and Realestate.co.nz. These premium features ensure that your property gets the attention it deserves, stands out in a competitive market, and attracts quality tenants swiftly.</p>
<p>&nbsp;</p>
<h2>Recap: The Benefits Of Using A Property Manager in Auckland</h2>
<p>In this fast-paced world, managing your property can be a daunting task. This is especially true if you&#8217;re juggling other responsibilities or live far from your rental properties. Here are the key benefits to remember:</p>
<p>• Property managers provide legal and regulatory compliance to ensure your property remains compliant with all relevant laws and regulations.<br />
• Using a property manager can maximise rental income and reduce vacancy rates by up to 50%.<br />
• A local property manager like <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">Harper Properties Auckland</a> knows the local market well so that we can set competitive rental prices for you.<br />
• Property managers can save owners 8 hours per month through tenant screening, rent collection, maintenance coordination, and regular inspections.<br />
• Our property management package includes high-level marketing and advertising for the property, including professional photos and boosted listings on TradeMe and Realestate.co.nz.</p>
<p><a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">Harper Properties</a> handles everything, so you can have the ultimate benefit of hiring a property manager &#8211; peace of mind! And the best part? Our Auckland property management services come with NO letting fees, maintenance fees, or add-ons, just $45 per inspection and a competitive 8.5% rate! Call us now on call 09 361 2810 or <a href="https://harperproperties.co.nz/areas/auckland-property-management/#quick" target="_blank" rel="noopener">book a quick rental appraisal here</a>.</p>
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		<title>The Ultimate Residential Property Maintenance Checklist For NZ Landlords</title>
		<link>https://harperproperties.co.nz/property-maintenance-checklist/</link>
					<comments>https://harperproperties.co.nz/property-maintenance-checklist/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Thu, 16 Nov 2023 20:54:44 +0000</pubDate>
				<category><![CDATA[Property News]]></category>
		<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1356</guid>

					<description><![CDATA[Yes, your tenants are responsible for maintaining your property in good condition, but the bulk of the responsibility still falls on you as the landlord. Our team of property managers deal with maintenance issues on a daily basis and know what it takes to keep a property in top shape. Follow this residential property maintenance checklist to keep your tenants ... <div><a href="https://harperproperties.co.nz/property-maintenance-checklist/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p>Yes, your tenants are responsible for maintaining your property in good condition, but the bulk of the responsibility still falls on you as the landlord. Our team of <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">property managers</a> deal with maintenance issues on a daily basis and know what it takes to keep a property in top shape. Follow this residential property maintenance checklist to keep your tenants happy, stay in compliance with the law, and ensure your investment is in fantastic condition.</p>
<p>&nbsp;</p>
<h2>Interior Maintenance Checklist</h2>
<p>From floors to ceilings, here are the items you should regularly check and maintain inside your rental property.</p>
<h3>Walls, Floors and Doors &#8211; General Interior Maintenance Checklist:</h3>
<p>✅ Check walls for signs of holes or scuffs and touch up any marks or stains.<br />
✅ Make sure the carpets are clean, vacuumed and in good condition &#8211; look out for worn or permanently stained carpets.<br />
✅ Interior doors open and close smoothly, locks work properly, and doorknobs are secure.<br />
✅ Windows are in working order with no cracks or gaps that could cause drafts, leading to increased heating bills and mould.</p>
<p>&nbsp;</p>
<h3>Appliance Maintenance Checklist</h3>
<p>As a landlord, you are responsible for furnishing the property with appliances that are in working order.<br />
✅ Fridge and freezer aren&#8217;t overcooling or undercooling.<br />
✅ Stove and oven are heating properly.<br />
✅ Washing machine doesn&#8217;t &#8216;jump&#8217; or leak, and the dryer heats up adequately.</p>
<p>&nbsp;</p>
<h3>Plumbing and Electrical Maintenance Checklist: Preventing Costly Repairs</h3>
<p>Avoid severe structural damage caused by water leaks and electrical faults by following this checklist:</p>
<p><strong>Plumbing</strong><br />
✅ Check for leaks in faucets, showers, and under sinks.<br />
✅ Look out for puddles near washing machines, under sinks, hot water cylinders, and dishwashers.<br />
✅ Test flush toilets, ensuring they don&#8217;t run or drain slowly.</p>
<p><strong>Electrical</strong></p>
<p>✅ Check that all outlets are working properly and safely &#8211; no sparks, shocks, or loose connections.<br />
✅ Inspect the mains power and fuse box for signs of wiring issues.<br />
✅ Make sure all light fixtures and switches are in working order.<br />
✅ Alarm systems are in working order.</p>
<p>&nbsp;</p>
<h2>Heating and Cooling Maintenance Checklist</h2>
<p>You are <a href="https://www.tenancy.govt.nz/maintenance-and-inspections/heating-and-ventilation/" target="_blank" rel="noopener nofollow">legally required</a> to provide effective and safe heating for your tenants. So, make sure the following are regularly checked, repaired or replaced:</p>
<p>✅ Ensure that insulation layers are free from mould, moisture, or any spaces in between.<br />
✅ Check the HVAC system and have it serviced if needed.<br />
✅ Heating vents are unblocked and free from any obstructions like furniture.<br />
✅ Insulation is compliant with the minimum R-value set for your region. <a href="https://www.tenancy.govt.nz/healthy-homes/insulation-standard/#e5738" target="_blank" rel="noopener nofollow">Check the R-value for your zone here</a>.</p>
<p>&nbsp;</p>
<h2>Gardens, Roofs and Exteriors Maintenance Checklist</h2>
<p>Maintaining the exterior of your rental property is just as important as maintaining the interior.</p>
<p>✅ Lawns and garden areas are well kept and mowed.<br />
✅ Trim bushes and tree branches near the house to prevent damage from falling debris.<br />
✅ Check the roof for damage, leaks or missing tiles.<br />
✅ Lookout for blockages or damage in the gutters.<br />
✅ Walls are checked for cracks and holes.<br />
✅ Deck is clear of mould, lichen or slippery moss.</p>
<p>&nbsp;</p>
<h2>How can having a property manager make property maintenance easier for landlords?</h2>
<p>That is a HUGE checklist to go through! In fact, landlords who manage their properties by themselves are <a href="https://www.hemlane.com/resources/cost-time-property-management/" target="_blank" rel="noopener nofollow">reported</a> to spend an average of 10 hours per month on maintenance tasks. That&#8217;s valuable time that could be spent elsewhere. Hiring a <a href="https://harperproperties.co.nz/" target="_blank" rel="noopener">property manager like Harper Properties</a> can make your life as a landlord so much easier. Here&#8217;s how:</p>
<p>✅ Comprehensive inspections are carried out regularly to detect and fix issues before they escalate.<br />
✅ Access to qualified and reliable local contractors for maintenance and repairs.<br />
✅ Compliance with all relevant legislation.<br />
✅ Dealing with tenant maintenance requests so you don&#8217;t have to manage emergency plumbing issues while on holiday.<br />
and here&#8217;s the most significant benefit:<br />
✅ Peace of mind knowing your property is in good hands and being well taken care of.</p>
<p>Harper Properties can take care of your investment, so you don&#8217;t have to go through a hefty residential property maintenance checklist yourself. All you have to do is sit back, relax, and collect your rental income. As a matter of fact, landlords who hire property managers are <a href="https://awning.com/post/airbnb-management-fees" target="_blank" rel="noopener nofollow">reported to experience a 15% increase</a> in rental income &#8211; how&#8217;s that for a worthy investment?</p>
<p>And the best part: <strong>no letting fees, maintenance fees, or add-ons,</strong> just $45 per inspection and a competitive 8.5% rate!</p>
<p>&nbsp;</p>
<h2>FAQs about Property Maintenance Landlords Should Know</h2>
<h3>What Maintenance Jobs Are A Landlord’s Legal Responsibility in NZ?</h3>
<p>As a landlord in <a href="https://harperproperties.co.nz/cost-benefit-analysis-the-structure-of-property-management-fees/" target="_blank" rel="noopener">New Zealand</a>, you have certain legal responsibilities when it comes to maintaining your residential property. They include:</p>
<ul>
<li>Following the Residential Tenancies Act 1986, which requires you to maintain the property in a &#8220;reasonable state of repair&#8221;. <a href="https://www.tenancy.govt.nz/maintenance-and-inspections/laws-and-bylaws/" target="_blank" rel="noopener nofollow">Click here</a> to see what that means.</li>
<li>Complying with the <a href="https://www.tenancy.govt.nz/healthy-homes?gclid=Cj0KCQiA-K2MBhC-ARIsAMtLKRv6kYGna4_1fzwITUhepomZIebFlAJvJotkHb3VkKXeuMRAOeUuRkUaAgR0EALw_wcB" target="_blank" rel="noopener nofollow">Healthy Homes Standards</a>, which has minimum standards for insulation, heating, ventilation, moisture and drainage, and draught-stopping.</li>
</ul>
<p>Harper Properties takes the pressure of compliance from your hands with our end-to-end <a href="https://harperproperties.co.nz/" target="_blank" rel="noopener">property management services</a>. Book a meeting with <a href="https://harperproperties.co.nz/our-team/" target="_blank" rel="noopener">your local property manager</a> to talk specifics.</p>
<p>&nbsp;</p>
<h3>How often can a landlord inspect the property in NZ?</h3>
<p>According to <a href="https://www.tenancy.govt.nz/maintenance-and-inspections/inspections/#:~:text=Timeframes%20for%20property%20inspections&amp;text=The%20maximum%20frequency%20for%20inspections,than%2014%20days%20in%20advance." target="_blank" rel="noopener nofollow">Tenancy Services</a>, you can inspect your property once every four weeks, maximum. If your property is a residence, you can visit between 8 a.m. and 7 p.m. and if it&#8217;s a boarding house, between 8 a.m. and 6 p.m. Tenants need to be notified at least 48 hours before the inspection.</p>
<p>&nbsp;</p>
<h3>How long does a landlord have to fix something in NZ?</h3>
<p>In New Zealand, a 14-day notice to remedy can be issued by landlords and tenants to handle property damages or problems. If either party doesn&#8217;t fulfil their repair duty, the other can serve this notice, providing 14 days for the task completion.<br />
Harper Properties can take over complete control of all maintenance issues for you, whether it&#8217;s emergency repairs or regular inspections, so you don&#8217;t have to worry about missing any deadlines.</p>
<p>&nbsp;</p>
<h2>Recap Of The Residential Property Maintenance Checklist</h2>
<ul>
<li>Regularly inspect and maintain interiors such as: walls, carpets and flooring, doors and windows, and ensure all main appliances are in working order.</li>
<li>Check plumbing and electricals to avoid structural damage through water leaks and fire hazards. Proper heating, insulation and ventilation are legally required, so make sure you follow local R-values and the HVAC system is well-maintained.</li>
</ul>
<ul>
<li>Don&#8217;t forget about the exterior! Trim bushes and trees near the house, keep lawns mowed, decks clear of mould, and roofs and gutters in good condition.</li>
</ul>
<p>If you don&#8217;t have time to go through the property maintenance checklist yourself, hire <a href="https://harperproperties.co.nz/about-harper-properties/" target="_blank" rel="noopener">Harper Properties</a> to take care of all your property management needs for just $45 per inspection and a competitive 8.5% rate! Get in touch for a <a href="https://harperproperties.co.nz/#quick" target="_blank" rel="noopener">quick rental appraisal</a>.</p>
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		<title>How to Choose the Best Property Management Company</title>
		<link>https://harperproperties.co.nz/how-to-choose-the-best-property-management-company/</link>
					<comments>https://harperproperties.co.nz/how-to-choose-the-best-property-management-company/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 08 Sep 2023 00:52:24 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harperproperties.co.nz/?p=1290</guid>

					<description><![CDATA[Maintaining your property is time consuming and having one or more rentals is no different. In fact, with finding tenants and fixing issues, it can be even more time consuming and stressful. If you own a rental, employing a property manager is a great option to minimise the time you spend thinking about and dealing with the property and maximise ... <div><a href="https://harperproperties.co.nz/how-to-choose-the-best-property-management-company/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Maintaining your property is time consuming and having one or more rentals is no different. In fact, with finding tenants and fixing issues, it can be even more time consuming and stressful. If you own a rental, employing a </span><a href="https://harperproperties.co.nz/our-team/"><span style="font-weight: 400;">property manager</span></a><span style="font-weight: 400;"> is a great option to minimise the time you spend thinking about and dealing with the property and maximise your earnings.</span></p>
<p><span style="font-weight: 400;">But how do you choose the right </span><a href="https://harperproperties.co.nz/about-harper-properties/"><span style="font-weight: 400;">real estate property management company</span></a><span style="font-weight: 400;">? It’s a big decision. Before you choose who will take care of your investment, here’s what you need to think about. </span></p>
<p><span id="more-1290"></span></p>
<p><b>Do you need a property management company?</b></p>
<p><span style="font-weight: 400;">Anyone who is renting out a house to tenants can benefit from professional property management. There’s a lot involved in the day-to-day management and legalities of renting out a house, and if you don’t have the time and expertise to manage the rental properly, it can quickly turn into a headache! </span></p>
<p><span style="font-weight: 400;">The need to outsource property management increases if you: </span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">live far away from the property, or</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">have multiple rental properties.</span></li>
</ul>
<p><b>What does a property management company do?</b></p>
<p><span style="font-weight: 400;">Rentals are a big investment and need to be managed accordingly. You need a rental property manager with knowledge and experience to minimise your input and bring you the best returns. But what exactly will a property manager company do for you? Here’s what you can expect.</span></p>
<p><b>Choose the best tenants for your property</b></p>
<p><span style="font-weight: 400;">It’s no good having a rental property with no rent coming in! A rental investment should benefit you financially, and a huge component of the success are the tenants who live in and take care of your house. </span></p>
<p><span style="font-weight: 400;">Using the services of a property manager will help to attract and select quality tenants. Property managers perform background checks and screening important for choosing the right, long-term tenants to minimise vacancies and issues. Using a property management company shows potential tenants they are in safe hands with people who know their stuff and will treat them well. Your property manager should have a strategy for attracting the right kinds of tenants—ask them about it!</span></p>
<p><b>Minimise legal risk</b></p>
<p><span style="font-weight: 400;">This is a big one. There are strict laws and regulations you need to follow if you’re renting out a property. The rules can change at any time and also differ between areas, so even if you’re an expert in the </span><a href="https://harperproperties.co.nz/areas/auckland-property-management/"><span style="font-weight: 400;">Auckland property management market</span></a><span style="font-weight: 400;"> there can be different local laws in other regions. </span></p>
<p><span style="font-weight: 400;">Your property manager should be an expert at understanding your legal responsibilities. They’ll help with making sure your home is compliant and will keep detailed records required as proof. Knowing the laws and setting up your rental agreements correctly avoids future issues for both you and your tenants.  </span></p>
<p><b>Reduce your time and stress managing a rental</b></p>
<p><span style="font-weight: 400;">Your property manager should reduce the time you spend thinking about and worrying about your property. They will manage all day-to-day tasks for you including:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">handling tenant queries</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">completing maintenance with trusted contractors</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">dealing with issues and emergencies</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">cleaning between tenants</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">receiving rent and chasing up nonpayment</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">understanding the local rental market </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">record keeping and staying on top of paperwork</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">. . . the list goes on!</span></li>
</ul>
<p><b>Seven questions to ask when deciding on a property management company</b></p>
<p><span style="font-weight: 400;">Now you know what a property manager will do for you, it’s time to interview a few and select the one that best suits your requirements. Here’s what to ask to determine the best property management company for you. </span></p>
<ul>
<li aria-level="1"><b>What locations do they cover?<br />
</b>You’ll want a property manager who is experienced in location your rental is in. They’ll be comfortable with the legal ins and outs, rental prices, nearby amenities, and types of tenants attracted to the area.</li>
<li aria-level="1"><b>What’s their tenant selection process?<br />
</b>Your potential manager should have a solid marketing plan and screening criteria to make sure you’re getting top-notch tenants that will treat your investment with the care it deserves.</li>
<li aria-level="1"><b>What tasks will they do for you?<br />
</b>As we’ve noted, a lot of work goes into managing and maintaining a property. Check your property manager does all the tasks listed above and can clearly explain their full list of services.</li>
<li aria-level="1"><b>Do they have a planned maintenance schedule?<br />
</b>You don’t want to be hopping from issue to issue with your property. Ongoing planned maintenance means there are fewer costly emergencies with your rental. Ask how often they’re checking the property and what is on their scheduled maintenance and upkeep list.</li>
<li aria-level="1"><b>What hours are they available?<br />
</b>Unforeseen issues go hand-in-hand with property ownership. Your professional property manager should provide a fast response to your queries and get stuck in and solve issues when they arise. Harper Property Managers have a small, select portfolio of clients to give all their landlords the time and focus they deserve.</li>
<li aria-level="1"><b>When will you be paid?<br />
</b>Whether you have one rental property or a wide portfolio, a sound investment should create a regular income. Check that the management company you choose has a payment schedule that suits your needs. We pay our property owners weekly as it suits the vast majority of our clients.</li>
<li aria-level="1"><b>How much do the property management services cost?<br />
</b>As with anything, there are a range of fees in the property management market. Of course, you’ll need to choose a company you can afford, but beware of cheap deals that are too good to be true—you’ll end up paying for it in the long run! Harper Properties are up front with the cost of the services we offer. We charge 8.5% of your rental income. Simple as that.</li>
</ul>
<p><b>Contact Harper Properties</b></p>
<p><span style="font-weight: 400;">Get in touch with an </span><a href="https://harperproperties.co.nz/areas/auckland-property-management/"><span style="font-weight: 400;">Auckland</span></a><span style="font-weight: 400;"> Harper Properties expert. We’d be happy to answer all of these questions and more. </span></p>
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		<title>What You Should Know About Property Managers</title>
		<link>https://harperproperties.co.nz/what-you-should-know-about-property-managers/</link>
					<comments>https://harperproperties.co.nz/what-you-should-know-about-property-managers/#respond</comments>
		
		<dc:creator><![CDATA[access@authenticdigital.nz]]></dc:creator>
		<pubDate>Sun, 19 Feb 2023 14:38:20 +0000</pubDate>
				<category><![CDATA[Property Investment Tips]]></category>
		<guid isPermaLink="false">https://harper.icandymedia.co.nz/?p=1181</guid>

					<description><![CDATA[Property management is a rewarding job, but it can also be overwhelming and difficult if you do it alone. You have plenty of tasks to take care of, so why not hire some help? A professional property manager can lighten your workload and help you become more successful.  So, what should you know about property managers before you search for ... <div><a href="https://harperproperties.co.nz/what-you-should-know-about-property-managers/" class="more-link">Read More</a></div>]]></description>
										<content:encoded><![CDATA[


<p>Property management is a rewarding job, but it can also be overwhelming and difficult if you do it alone. You have plenty of tasks to take care of, so why not hire some help? A professional property manager can lighten your workload and help you become more successful. </p>



<p>So, what should you know about property managers before you search for your own? It would be best if you were well-informed before hiring anyone, so keep reading to learn about property managers and how they can help you.</p>



<p><span id="more-1181"></span></p>



<h2 class="wp-block-heading">What To Know About Professional Property Managers Before You Hire Your Own</h2>



<p>As their name implies, property managers can help with your property management, but what does that entail? Their help can do a whole lot more than just give you more free time, although that is a great benefit to enjoy. </p>



<p>Every property owner should know the following about professional property managers:</p>



<p><strong>A Good Manager Is A Patient Manager.</strong> Patience is a quality that all <a href="https://butterflymx.com/blog/good-property-manager/" target="_blank" rel="noopener noreferrer nofollow">good property managers</a> should have. Why? Because property managers have to deal with many different people and tasks, and a manager with a short temper isn’t going to have a very good reputation. </p>



<p>Experienced property managers know how to keep a level head, even when the person or situation they’re dealing with is very frustrating. Overall, it’s always better to remain calm, even when faced with not-so-great circumstances. Losing their cool will never help. </p>



<p>Always look for a property manager who’s calm and friendly yet also professional and hardworking. </p>



<p><strong>With A Lighter Workload, You’ll Have More Time For Yourself. </strong>As you certainly already know, property management can be a lot of work. Even those with only a few properties can be overwhelmed.</p>



<p>With a property manager’s help, you’ll have lots more time for yourself. You can focus on other things in your life that are important to you while you have peace of mind knowing that your properties are in good hands. </p>



<p>This perk can also help you be less stressed. Constantly working can burn you out; make sure you take time for yourself. </p>



<p><strong>They Can Make Your Tenants Happy, Too.</strong> Property managers don’t just <a href="https://www.linkedin.com/pulse/7-benefits-using-property-management-company-john-vallas" target="_blank" rel="noopener noreferrer nofollow">benefit</a> you; they also help your valued tenants. Depending on what your property manager has agreed to do, they can also deal with your tenants and address any feedback or complaints they might have. </p>



<p>Even without direct interactions, your tenants will surely appreciate their hard work when they work on property management tasks. Property managers make properties more pleasant to be in, which strongly benefits you and your tenants. </p>



<p><strong>Their Hard Work Will Help You Make More Money. </strong>How profitable your work is is extremely important. You need enough income and profits in order to keep your properties nice and pay your expenses. </p>



<p>Some people might think that hiring a property manager is just another expense and that they can save money by doing everything themselves. This is incorrect. Although you will, naturally, need to pay your property manager, their work will undoubtedly help your properties become more appealing and profitable. </p>



<p>So, you’ll probably make more money with an experienced property manager’s assistance. </p>



<p><strong>Even If You Run Into Problems, They’ll Help You Resolve Them. </strong>Property management is difficult; problems are bound to show up eventually. Although, no matter how inevitable certain issues are, they can be resolved more easily with the help of a property manager. </p>



<p>Experienced property managers who have helped many people have dealt with many problems and incidents before. So they’ll have the experience and knowledge to properly deal with these issues in satisfying ways. </p>



<p><strong>Local Property Managers Are The Better Choice.</strong> Always hire a local property manager. Why? Because local managers are more aware of what your area is like. They’ll know about the local economy, local tradespeople and more. They will certainly be more helpful than a property manager who isn’t familiar with the area, even if that manager is skilled at their work. </p>



<p>Additionally, a local property manager will be aware of the local property management laws and regulations. As a property owner, there are a few New Zealand laws that affect your job. It’s essential that you know what laws apply to your work so that you stay out of legal trouble. </p>



<p>Luckily, a local property manager will know of any important regulations that affect you, and they’ll be able to keep everything in line for the safety of you, your tenants and your properties. </p>



<p>Always do your best to find a great, local property manager who has experience working in your area.</p>



<h2 class="wp-block-heading">Interested In Hiring A Property Manager? Speak To Us Today</h2>



<p>Harper Properties is here and ready to help you enjoy all of the benefits that come with hiring a fantastic property manager. We’re proud to offer our excellent <a href="https://harperproperties.co.nz/areas/auckland-property-management/" target="_blank" rel="noopener">services in Auckland</a>, Bay Of Plenty, Hamilton and Tauranga.</p>



<p>We know property management can be challenging, and we’d love to help you succeed! Contact our team at <a href="tel:+6493612810">09 361 2810</a> or by <a href="https://harperproperties.co.nz/" target="_blank" rel="noopener">visiting our website</a>. We’d be happy to answer any questions you have about property managers and how we can help you. </p>



<p>Call us today at Harper Properties to become even more successful and profitable.</p>
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