Otago Property Investors Association Inc
Labour needs to front up on housing policiesTo assist voters in their decision making on September 23, Labour needs to front up on the cost of their housing policies for rental property providers and their tenants.
11-09-2017 more >>
Activity of two relatively new tenant advocacy groups. .These groups sent out a call to their supporter database and social media channels asking for peoples "stories" about how they found renting and the condition of their rental properties. They then interpreted these stories to produce a report of what renting is like in New Zealand.
09-09-2017 more >>
How to be a real estate millionaire - Graeme Fowler - Investor experienceCome 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 >>
NZPIF comments on Labour policy announcementsHere are comments on the policy statements released by Labour on Sunday
04-09-2017 more >>
Landlord bashing is going too farBecause of a minor technicality, a dunedin landlord has been forced to refund back to their tenant all the rent that they paid over a nine month period.
01-09-2017 more >>
Cheaper to rent than own but for how long?A NZ Property Investors' Federation (NZPIF) study has shown that renting the average NZ property is $218 per week cheaper than owning the same property.Â Â
31-08-2017 more >>
Program to improve rental conditionsThe New Zealand Property Investors' Federation (NZPIF) fully supports the Hawke's Bay District Health Board's Ready to Rent Program.
29-08-2017 more >>
Latest ASB Housing Confirdence SurveyNet house price expectations hit a five and a half year low in the three months to July according to the latest ASB Housing Confidence Survey.
25-08-2017 more >>
Valuing rental propertyDid 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 >>
One sided review of rentingTenant advocates have produced a report calling for widespread changes to the rental industry that if introduced would cause more harm for the tenants they represent than good.
23-08-2017 more >>
Can you provide emergency homes for those in need in your town?Are you a landlord interested in a guaranteed rental for the next 3 years, all while supporting people in need? The Salvation Army is looking to work with landlords around the country, to take care of some of New Zealandâ€™s most vulnerable people and your property.
18-08-2017 more >>
Is a WOF for rental properties the answer?Wellington Council is introducing a voluntary Warrant of Fitness for rental properties that they intend to make compulsory in three years. The council says that they want to raise standards and that "every Wellingtonian deserves a warm dry home".
17-08-2017 more >>
More regulations and restrictions reduce the number of rentalsFor 17 years, forty three year old sickness beneficiary, Shanez Akhtar, has always a found a place to rent without difficulty, but that all changed 9 months ago.
15-08-2017 more >>
Tailrisk Economics responds at the Reserve Bank's Debt To Income Consultation PaperThe Reserve Bank's DTI consultation paper is reviewed by Tailrisk Economics and six conclusions are presented.
14-08-2017 more >>
Official Cash Rate (OCR) unchanged at 1.75 percentStatement by Reserve Bank Governor Graeme Wheeler:
10-08-2017 more >>
Public submissions have be called for RTA Amendment Bill (No 2)The Residential Tenancies Amendment Bill (No 2) covers three key areas - unlawful rental properties, meth in rental properties and fixing up the debacle of tenants not being responsible for damage that they cause.
09-08-2017 more >>
Facing the Tenancy TribunalCome 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 >>
Construction peak to be higher, last for longerResidential, commercial and infrastructure building activity is forecast to continue to boom for the next three years to a record $42 billion in 2020, according to the independent National Construction Pipeline Report for 2017 released today by Building and Construction Minister Dr Nick Smith.
06-08-2017 more >>
Accounting and You Malcolm Wong from Cook North & Wong Ltd Chartered AccountantsCome 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 >>
Bill will do little for healthier homesLabour's Bill purporting to make homes healthier would delay the Government's requirements for landlords to insulate their rental homes by three years, Building and Construction Minister Dr Nick Smith says.
26-07-2017 more >>
Massey University June Home Affordability reportDecline in affordability for all New Zealand regions except Canterbury and Westland
20-07-2017 more >>
Andrew King outlines the important aspects of the new Standard for meth contaminationThe NZPIF is very pleased that the new NZ Standard for testing and decontamination of methamphetamine contaminated properties has been released.
18-07-2017 more >>
$1b infrastructure fund accelerates housing supplyThe allocation of the $1 billion Housing Infrastructure Fund today is another milestone in the Governmentâ€™s plan to increase housing supply for a growing New Zealand, Prime Minister Bill English says.
11-07-2017 more >>
Markets outlook from the BNZMeanwhile, we are keeping an eye out for the Real Estate Instituteâ€™s residential results for June, which could well come to the public gaze by the end of this week. Recent housing market trends show prices, generally, to be going sideways in Christchurch, modestly down in Auckland and up almost everywhere else
10-07-2017 more >>
Renting out unlawful premisesBuilding and Construction Minister, Nick Smith, recently introduced the Residential Tenancies Amendment Bill (no 2). While the part seeking to address the situation of tenants not being responsible for accidental damage they cause has received a lot of attention, there is another significant part to the Bill. This relates to landlords renting out unlawful premises.
09-07-2017 more >>