Why use a property management company when you can look after your investment property yourself?


I think it is important to remember why we buy investment property in the first place. That is:

To make us  money, not to give us something to do!


New Zealanders are great DIYers. That is a strength but it can also be a weakness.

You should consider using a property management company for the following reasons:

  • To maximise the return on your investment
  • To minimise the stress and work associated with owning an investment property
  • To secure your future wealth
  • To be kept informed with market developments

Maximise the return on your investment

If you choose to manage your own investment property - as many New Zealanders do, it’s very hard to know if you’re getting the best return. Market rents can change and unless you are informed, you could be under renting your property by thousands of dollars a year.

When tenants move out, it’s important that you get the right tenants in as soon as possible. More often than not Walker Property Management has a database of suitably qualified people looking for property.

When repairs are needed, it’s important you get the best prices and quality on maintenance work. Our network of trades people cant assist you with this.

Minimise your stress

Investment properties should make you money, not work.

The Walker Property Management team do nothing but manage rental properties. So they can help you enjoy maximum returns on your investment, and keep your weekends free for your family and for fun things to do.

Not only that, they also remove the stress of managing your own property. Things like interviewing potential tenants, collecting rent (and chasing arrears), managing paperwork, and a host of other time consuming chores.

Walker Property Management provides

  • Intelligent, honest feedback and advice
  • A smooth leasing process
  • Highest quality tenants
  • Highest possible rent returns
  • Comprehensive account management
  • A dedicated single point of contact

Secure your future wealth

You wouldn’t just give any company who called themselves a bank your life savings. Investment property is no different. For some people, it is their life savings - or a major part of it.

So the same standards of professionalism and security should apply. Make sure you complete due diligence, before you engage a property manager. Let Walker Property Management make this easy for you.

Market information and advice

Walker has a team of experienced professionals in the Gisborne property market. Property Management and our Real Estate and Property Investment specialists are in a position to provide you with valuable advice and opinion.

Every month we research activity and trendsin the Gisborne property market. We looks at the issues impacting on the market, the rental and sales trends in our area and other cities and much more. We post regular updates on our websites.

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Australian and UK Residents – Buying Investment Property in NZ

the ideal investment property - 1960's weatherboard bungalow

Australia and the UK have very similar tax rules.

If an Australian or UK tax resident purchases a rental property in NZ, then they will be liable to pay income tax on any rental profit and to pay capital gains tax.  If the rental property makes a loss, then that loss is not allowed to be offset against their other income, it is only carried forward and used to offset any future profit from the NZ rental properties.  For these reasons, you don’t want your NZ rental property to be owned in your personal names.  The best option is to own the rental property in a NZ Trust so that the rental property is kept outside the Australian or UK tax rules.

this article is from John Bolton at Squirrel. Thanks John

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Why are medians used more often than averages?

Medians are often quoted because they are more likely to be in line with current market values than averages. Medians give a middle of the road snapshot. Averages can be greatly distorted by extremely high or low values. For example: five sales at 150k, 200, 225k 250k and 600k produce and average of 285k. The median of these sales is 225k (two sales either side). Medians discount the high and low values of either end of the data. Of course, the more data gathered, the greater accuracy of the median as a valid benchmark.

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