Otago Property Investors Association Inc
Phone: 03 477 6220
Tenancy law changes covering smoke alarms, insulation, enforcement of standards and property abandonment come into effect tomorrow, Building and Housing Minister Dr Nick Smith says
Shane Berryman, Client Manager for CoreLogic NZ will be presenting new research commentary on the Dunedin and Otago markets and discussing local/NZ property trends. He will also cover off how CoreLogic NZ is helping their clients turn knowledge into actionable insights. You may already be familiar with the CoreLogic products and services and taking advantage of the RPNZ offer available to all OPIA members - $80.00 excl GST per month, normally $200.00 excl GST per month*. RPNZ is an invaluable daily tool to help estimate your potential returns, keep an eye on the market and uncover new opportunities. For those members already using RPNZ, Shane will be available before and after the presentation to have a chat about any queries you may have. If you haven’t yet registered for RPNZ under the special OPIA deal, or would like more information on it: everything you need to know can be found here http://www.nzpif.org.nz/items/view/57578
Coffee club, started by Johnny Van Leeuween, attended by Brent Mathews and Andrew Morton most months. Andrew is now administering to enable members who like a chat about any property subject within a small informal group. Held last Sunday month Feb - Nov, at Plaza Café, situated on the University Plaza adjacent to the Forsyth Barr Stadium. If you would like to attend please email firstname.lastname@example.org
Welcome to the 42nd Annual General Meeting of the OPIA. Following on from the AGM we will hear from Angela Strang of Southland who won the MBIE Landlord of the Year competition in 2015. Angela started investing at an early age and now has a solid property portfolio which has enabled her to become the mistress of her own destiny. As the oldest child of a solo parent on the domestic purposes benefit, she developed self-reliance and an entrepreneurial bent at a young age. In the past, those traits have led her to drive tractors in the UK and put in the hard yards in Western Australia’s tough mining industry. But these days they serve her well as she manages, maintains and further cultivates her investment property holdings. Looking forward to seeing you at Forbury Park Function Centre on Tuesday 21st June, networking from 7.00pm with the formalities of the evening commencing at 7.30pm. Thank you to our major sponsor, ANZ bank for providing the raffle prizes. Bring along your small change or eftpos will be available for you to buy your raffle tickets. Proceeds go towards purchasing resources for our members. The library will be on display - feel free to browse through and select the books you wish to take away with you or return the books you have at home.
It is worth looking at the heating options offered by Infracomfort. They have reduced pricing and have a new product to offer.
Grants of up to $5000 to cover costs involved in moving from Auckland will be available from Monday, 20 June, for eligible people who may want to relocate to other areas of the country but find cost a barrier.
National MP Andrew Bayly is proposing changes in the law to address the problem with methamphetamine-contaminated houses.
A recent CoreLogic report has claimed that 46% of property sales in Auckland over the last month were to investors. This figure was obtained by counting the number of properties bought by people who have an existing home. Apart from investing, there are many other situations where this may occur.
The NZPIF insurance providers - Initio and First Lane Insurance - have provided these eight tips for reducing risk as a landlord
Last month I wrote about house prices rising and the calls for more regulation. Unfortunately the calls for more regulation have been heard and the Reserve Bank is looking to introduce loan-to-income restrictions for mortgages.
The Government’s proposed National Policy Statement on Urban Development Capacity will require councils to ensure land supply for housing and business keeps pace with growth, Environment, Building and Housing Minister Dr Nick Smith says.
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