Otago Property Investors Association Inc

03 477 6220

otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2017

Students and the north end

Chris Addington Master of the University College (UNI-COL) has agreed to come along and speak to members about his residential students and the challenges they impose, the reasons why references are given out second semester is one issue covered. Neville Butcher is a motel owner on George Street, he will talk about running a business in the 'student area' and the challenges that imposes.
01-12-2017 more >>

OPIA Christmas Function - sit down dinner

Come along and enjoy a sit down dinner (2 course set menu) at the Harbour Side Grill (formerly Customhouse), and hear about the year that has just been, and the upcoming issues we will be facing in 2018 as landlords. This event must be registered for and paid online before the 7th November. Members: $30 (subsided price), Non-Members: $39. Drinks at own cost.
15-11-2017 more >>

OPIA - Queenstown Meeting - MBIE Seminar - Renting and You

Seminars about renting will be held in selected locations across New Zealand in 2017. The aim of the seminars is to inform and educate landlords, renters and community groups about the recent changes to the Residential Tenancies Act (RTA), and to provide tips and information about how to make sure properties are compliant with the law. Speaking at the seminars will be representatives from the Ministry of Business, Innovation and Employment (MBIE) Tenancy Services, the Energy Efficiency Conservation Authority (EECA), the Ministry of Justice (Tenancy Tribunal) and the New Zealand Property Investors’ Federation. Topics include: What you need to know about the 2016 changes to the RTA, including smoke alarms and insulation requirements An update on the upcoming key provisions of the RTA Amendment Bill (i.e. methamphetamine contamination, tenant liability for damage and unlawful residential premises) The Tenancy Compliance and Investigation team Tenancy Services’ dispute resolution and bond processes and services The benefits of joining a Property Investor Association Tea and coffee will be provided on arrival. Each seminar is approximately 2 hours, including time for questions. There is no charge for the seminars, but places are limited so you MUST register. https://www.tenancy.govt.nz/about-tenancy-services/news-and-events/renting-and-you-seminar-series-2017/
08-11-2017 more >>

Boarding Houses are easy to manage

In 2015 Kerry Beveridge purchased the City Hotel Timaru. Come to this meeting on 3 October to hear what happened next. Since then the few usable rooms have been renovated to give 16 very popular rooms. Kerry is currently re-purposing space to give 7 new bedrooms and a bathroom. From hands on 24 / 7 Kerry has made the building more high tech and more hands off. He has a waiting list of tenants wanting to move in and advertisers through word of mouth. Come along and hear about Kerrys' Boarding house experiences (good and bad) and his newest project.
03-10-2017 more >>

How to be a real estate millionaire - Graeme Fowler - Investor experience

Come and hear Graeme Fowler on the 5 September. Graeme is a Hawkes Bay - Hastings property Investor with over 25 years experience, He currently holds 40 rental properties, His aim for 2017 is to make $1 million in value from the repairs and maintenance he is carrying out on his properties. He has purchased properties around the Hawkes Bay area for buy and holds and trades. He aims to buy at good discounts for profit and refinancing after getting them revalued. He will share the lessons he has learnt including know your market place well and don't pay more than you have to and crunch your numbers. Graeme has a Facebook property investor group page with over 5000 members (you can join in the discussion). He wrote NZ Real Estate Investors secrets, the first edition sold 10,000 copies, it was the story of 10 NZ millionaires who invested in property. The second edition re-looks at 5 of the original case studies with an update 5 years on review. There are some new names in the book.
05-09-2017 more >>

Valuing rental property

Did your rental property valuations go up, stay the same, or go down in 2016? Come and find out on the 24 August. The media is saying that valuations are increasing in Dunedin and property is selling for over the QV? What does that all mean for short term and long term property investing? Ah-Lek Tay is an OPIA member, property investor and independent valuer in Dunedin with over 30 years of experience. He has valued property throughout New Zealand but more recently specialises in the Dunedin residential and commercial property markets. he carrys out pre-purchase and pre-sale valuations, insurance valuations and rent reviews, undertakes asset valuations and lease negotiations. Commercial development feasibility assessments, lettable area assessments.
24-08-2017 more >>

Facing the Tenancy Tribunal

Come and hear Janet Ashcroft on August 8. Janet was a Tenancy Tribunal Adjudicator and is currently a deals in all areas of property law. Landlords often lose their case by the way they complete their initial application. Come along and learn the skills to win. This will be an interactive session lots of discussion and a bit of work. More details to follow
08-08-2017 more >>

Accounting and You Malcolm Wong from Cook North & Wong Ltd Chartered Accountants

Come to this meeting on 27 July and keep up to date with the changing accounting and tax & GST requirements. Make sure you are claiming all possible legitimate repairs and maintenance expenses. Come along and listen to Malcolm Wong of CNW - Cook North and Wong Ltd Chartered Accountants He is happy to answer your questions
27-07-2017 more >>

Demystifying Health & Safety

The term 'health and safety' features frequently in the media these days. Find out more on July 4. As Landlords we have a responsibility to our tenants and tradespeople and ourselves to operate a healthy and safe rental property environment. Scott Weatherall is a common sense Health and Safety Consultant. His philosophy is not about stopping kiwis having fun its about doing it safely. If you have any specific Health & safety related issues you want answers to - please email opia@opia.org.nz and we will pass them on to Scott ahead of the event.
04-07-2017 more >>

Your Roof your Plumbing and your Rental

With all this rain is your roof still waterproof? Warren Macnee of Promax Roofing has lots to share - different roof coatings and options, ways to make sure your rental property and its roof stays protected for longer. Duane Pleace is an OPIA member and plumber. He is to speak about his property and plumbing related experiences. If you have any plumbing related questions for Duane please email opia@opia.org.nz and he will answer them.
29-06-2017 more >>

OPIA Office closed

The OPIA Office will be closed on Wednesday 14th June Thursday 15th June If you need any help, support, information, smoke alarms or tenancy agreements Please email the OPIA on opia@opia.org.nz or leave an answerphone message on 03 4776220 and The President will get back to you within approx. 24 hours. If you can be on call to help cover office opening times please email The President on opia@opia.org.nz Thank you
15-06-2017 more >>

43rd AGM 2017 & Speaker Andrew Bruce - property investor

43rd Annual General Meeting of the OPIA is to be held on the 13th of June 2017 at Forbury Park. Starting at 7.30 pm. Come along and hear Auckland Property Investors' President Andrew Bruce. Andrew began property investing in 1996 and balances cash flow and capital gain properties. He holds Auckland houses and apartments, property in Hamilton and Rotorua. A supporter of owning property as it is tangible asset and you can add value to it. To balance and de-stress his life Andrew plays sports, completed the Taupo iron man, and has adventure cycled around Asia including 1200 km journey in Tibet and up to Everest base camp.
13-06-2017 more >>

Double glazing alternatives

Want to provide a warm home for your tenants? Can't afford double glazing? There are other just as efficient and more cost effective alternatives. Come along and hear Raymond Dorsey from Mactrac Mactrac also have a range of shower and curtain tracks, blinds, hand rails and lots more.
25-05-2017 more >>

Methamphetamine - managing the risk

As a landlord, it's important to know your responsibilities around methamphetamine contamination - both for your tenants' safety, and to ensure that you're adequately covered. David Begg from Pure Services has an excellent presentation for landlords which will give you vital important information about Meth. This is an issue that we all need to know about. It’s not going away, in fact it is becoming more prevalent in society. Larry Greene from Betta Inspect It will give you an overview of how to test for Meth in your properties.
09-05-2017 more >>

NZPIF Landlord of the Year 2016 Kathryn Seque & OPIA Sponsor Total Carpet Services Dave Pile

Kathryn Seque is the 2016 NZPIF Landlord of the Year. Since then she has been asked to speak throughout NZ about her investing experiences. Come along and hear some of the things she does to build positive relationships with her tenants, avoid the Tenancy Tribunal and keep repair costs as low as possible. Its not all plain sailing but it is a rewarding business. Dave Pile - Total Carpet Services is an OPIA Sponsor. He help landlords protect their carpet asset and will talk about stain and odour removals, Flood clean up and keeping Showers clean and sparkling. Learn how to look after your assets even if tenants make it challenging. Bring along your change - Easter Raffle $2 per ticket or $5 for 5
11-04-2017 more >>

Hyde Street Party

The OUSA have sent thru the following information about the arrangements for this years HYDE STREET PARTY OUSA encourage your tenants to dispose of any outdoor items that might be a fire hazard or cause congestion. OUSA would appreciate if you could also make time to visit your property on March 31st to ensure that all items of concern are removed. On the day there will be 45 security present. If you feel you would like to take further precautions to protect your property SPS Security would be more than happy to contract this with you. The person to do this through is Danny at SPS Security spssltd@xtra.co.nz or 0274885226
01-04-2017 more >>

Mitre 10 Heating Expo

A different format Hosted Event for OPIA members to attend. Choose the day most convenient for your work and family schedule and visit Mitre 10 Mega. DON'T FORGET to take your OPIA MEMBERSHIP CARD. They are holding a HEATING EXPO plus an EXCLUSIVE YOU CHOOSE THE DISCOUNT 3 day SALE! Pick up your FREE Gift & Discount Sheet in store from Friday 17 March. Plus get advice from our experts over the weekend on the best heating solution for your Investment Property! More details to follow - so put the date in your diary.
19-03-2017 more >>

New Members Meeting

The New Member Induction Evening is run 4 times per year. This evening has several purposes: To welcome our new OPIA members, To explain the contents (forms) on the USB stick, To explain about the resources we have available to them. To answer any questions they may have about property investing. To meet like minded people so that when a Member Hub is attended they recognise a friendly face to chat with.
16-03-2017 more >>

NZPIF Business Partners & Property Investing on Line

Forbury Park Function Centre for the first OPIA Hub of the year. From 7 pm there will be time to network - catch up with other members and borrow books from the library. Drew Harmer from Harvey Norman Commercial is coming down from Christchurch to let OPIA members see the face that talks to you at the end of the 0800 number and emails. Chris Lane of First Lane Insurance is coming from Blenheim to explain about the NZPIF insurance deal that is available to members, the Initio landlord policy and insurance updates. James Mullenger Branch Manager ASB Dunedin is going to talk about his voluntary work including abseiling from Forsyth Barr Stadium roof through to updating members with what is happening in the banking market place. Larry Greene from Betta Inspect It talking about purchasing and selling inspection reports - don't get caught with a lemon.
28-02-2017 more >>

OPIA Bus Tour

The 2017 Annual OPIA Bus Tour is this year Sponsored by Placemakers Come along to the annual social and educational event to start off 2017. There will be several properties to have a look around - with the trip concluding back at Zingari for the ever popular barbecue. Please wear easy to remove footwear.
14-02-2017 more >>

carbonized tenancy agreements 2 options available

Residential Tenancy Agreements several options now available OPIA members now have several options available for the form they use to complete their Residential Tenancy Agreements 1) NZPIF have produced a 2- page Carbonised version of the Residential Tenancy Agreement & Bond Form -. cost to members $1.50 each or $10 for 10 2) Tenancy Services have produced a folder with 4 information pages and 5 carbonised contract forms cost to members $2 (Retail $4.99) 3) Download from Tenancy Services website the relevant Tenancy Agreement & Bond forms
31-01-2017 more >>


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