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Giving you the latest insight on real estate, sales and entrepreneurship from Ryan Serhant and industry experts from the SERHANT. ecosystem.

5 Reasons Why You Shouldn’t be Discounting Your Fees

Have you ever panicked under pressure and lowered your fees in order to sign a new property management? It’s something most of us Property Managers have done at some point in our careers...

How-to Sign Full-Fee Managements When Your Competitors are Undercutting You

As Property Managers, it’s a scenario we’re all too familiar with. You’ve done the hard work pitching your services and you’re about to win over a new landlord… And then you get that dreaded phone call that they’ve decided to go with another Property Manager because they offer lower fees. Game over, ri....

The Key Differences Between a Residents’ Association and a Body Corporate

Looking at buying investment property in a new build development or existing complex? There are many things to take into consideration. However, one thing to be aware of is that you’ll be required to join a body corporate or a residents’ association (which one will be pre-determined by the development type)....

5 Reasons to Consider Including Grounds Maintenance in Your Tenancy Agreement

To maintain or not to maintain? That’s the question many landlords find themselves asking when developing tenancy agreements. Although the law states that it is the tenant’s responsibility to maintain the lawns, weed the gardens and leave the property clean and....

3 Reasons to Get Your Brand New Property Meth-Tested

So, you’ve just purchased a BRAND NEW rental property? Congratulations! There’s little chance that it has been contaminated by methamphetamine (‘meth’). Why then, do you still need a meth test?

How To Grow Your Rent Roll in a Covid Lockdown

Everything comes to a grinding halt in a lockdown; but growing your rent roll doesn’t have to. While we’re stuck in a lockdown it’s easy to say “new business isn’t possible, I can’t see anyone”. Not true! New business can be....

Rent Controls Aren’t The Answer to a Lack of Rental Housing and Increasing Rents

Pretty much anywhere in the World where rent controls have been tried – they have failed miserably! Yet, it seems our government are still considering the possibility of rent controls, or could it be they know what a failure they will be so they ‘rattle the investor/landlord cage’ every....

How to start a successful Airbnb business, without owning any property

My partner and I were trying to save for a house deposit. We realised that it would take a long time applying the normal equation of transferring what was left of our wages, into our savings account, at the end of the fortnight. We found a sys......

To Buy Or Not To Buy?

So, you’ve been thinking for a while about buying another investment property, or maybe you’re jumping into residential investing for the first time? There’s a lot of confusion out there and it isn’t an easy time to be investing that’s for sure. Unless.....

Healthy Homes compliance

Some Landlords seem to have forgotten about the necessity of complying with the Healthy Homes Standards. In my view it is very important not to ‘drop the ball’ when it comes to ensuring that your property complies. The fines are considerable for landlords who don’t comply and.....

Government dishes the dollars to check up on Landlords

If you blinked you probably missed it in the recent budget announcement but $80 million (over the next 4 years) got set aside to police landlords compliance with the Healthy Homes Standards, fix issues at the bond centre and fund the expected increase in RTA disputes through the Tenancy Tribunal. Unless.....

Regional Round up - Dunedin Property Market

Recently a regular reader of our monthly newsletter asked if we could include some comment from Propertyscouts owners in other parts of NZ. We thought that was a great idea so reached out to Rebecca Harris for the first of our ‘Regional Roundups’.....

Let's Talk About Loopholes

Wikipedia describes a ‘loophole as follows - A loophole is an ambiguity or inadequacy in a system, such as a law or security, which can be used to circumvent or otherwise avoid the purpose, implied or explicitly stated, of the system. The Government has now changed the rules that allow property investors to claim interest on loans as an expense against.....

Hello 2021 what surprises do you have in store for us?

Well, it shouldn’t come as any surprise because I've certainly been banging on for long enough about it but on the 11th of this month phase two of the Residential Tenancies Amendment Act 2020 takes effect. Phase one, which changed the law allowing landlords to increase rent every 180 days to once a year, took effect back on the 12th of August last year. Phase two includes........

Ryan's Predictions for the NZ Housing Market

House prices will continue to rise 10%-15% y.o.y. for the next 2.5-3 years. During that time, the Government will bring in even more onerous LVR restrictions for investors. We think we will see 50% to 60% LVR (60% LVR was introduced in 2016). Banks will implement higher interest rate margins for loans to investors, more stringent lending requirements around.....

Why the NZ Housing Market is a bit like a Car in Auckland Traffic

September house sales of 8,377 properties was a 37.1% year-on-year increase and represented the highest number of properties sold in a month since March 2017. And the highest number of properties sold in a September month for 14 years! In Auckland, sales rose by 53.2% .....

Low Value Asset Write-off

It’s been over six months since the Government released its emergency economic stimulus policies in response to the impending threat of Covid-19. One of the policies was particularly important to property investors... The low value asset write-off has was increased from $500 to $5,000.....

What to expect post-election

I don’t think anyone really picked the election result. Even the Prime Minister seemed a bit shocked at the landslide result! As investors, what impact can we expect now that Labour are firmly in the driving seat? Well, firstly if you were sitting back banking on the Nats winning and repealing Labours Healthy Homes Standards then as the saying goes – you backed the wrong.......