PRESIDENT’S REPORT
O
ur property rental sector is in for a shake-up, and an extra
layer of warmth, with the Government confirming every rental
property in New Zealand must be insulated within four years.
At the same time there are plans to strengthen residential
tenancy laws, including requirements for landlords to provide smoke
alarms, and to declare the standard of insulation on tenancy agreements
(see pages 18-19).
I support these proposed changes and the proposition of making houses
safer and healthier. It is also good that the emphasis is moving away
from the cumbersome, and potentially much more costly, rental property
Warrant of Fitness scheme.
We have enjoyed another three months of excellent monthly meetings,
this time covering commercial property, a night out hosted by Carpet
Court and an insightful presentation from Sarah Berry, the ANZ’s Head
of Mortgages (who has since gained promotion), all written up in this
magazine. Why not join us?
It is also great to see the efforts being made by Larissa and Adrian Ford,
a young couple who are focusing on building their property portfolio
rather than conforming to the stereotype often given to their generation
(see pages 4-5). This shows what can be achieved through hard work and
a practical outlook.
It’s now five years since we launched this magazine – have a great read.
Grant Harris, TPIA President
CHANGE IS CONSTANT
4 Working their way up
Young couple prepared to do the hard yards
6 Buying into commercial
8 Making good commercial sense
Conditions favourable at present
11 Enforce the lease terms
The wind is blowing in favour of landlords
13 No 10-year cut-off for cladding actio
n
Leaky building owners have more time
14 Selling a tenanted property
How to keep the tenant on side
16 The ever-changing housing market
Residential property investors targeted
18 Rental sector in for a shake-up
New legal requirements for residential
landlords or tenants
20 TrustPower new building
Grand atrium a feature of TrustPower
building
22 Suburban values rise
Focus on Bayfair, Arataki, Papamoa
24 The soils of Rotorua city
Hidden perils for property investors
27 Creating a strong hub
A raft of things to do
28 Red carpet treatment
Plenty of quality options
30 New taxing rules for residential
property
Two-year test on sales
33 Big ticket properties snapped up
Keen local investor interest in CBD
34 What makes a good tenant?
Procedures set out the ground rules
35 How to spot serial debtors
There’s a pattern to deceptions
36 How to become auction savvy
Be bold – play to win
38 Grand Designs filming starts
Kiwi builders know no limits
39 Overcoming the fear factor
Grey St site gets Cinderella treatment
40 Rental market prices
Plus Upcoming speakers and Why join a PIA
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