Otago Property Investors Association Inc

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otago@nzpif.org.nz

News & Updates

Recent updates

Archive: 2019

Many changes in the rental property industry over the last few years

Many changes have occurred to the rental property industry over the last few years. The NZ Property Investors Federation has been extremely active in providing a voice for rental property providers. It has been hard work; however it is pleasing to start seeing some good results.
21-12-2019 more >>

Neighbours from hell will increase

A Christchurch motel owner has had to put up with what he describes as "neighours from hell", despite police, Corrections, the SPCA and dog control trying to help. The motel owner is the latest victim of antisocial tenants.
27-11-2019 more >>

Mitre 10 Mega Trade Night

Come and join us for a fun instore trade night with the wonderful commercial team at Mitre10 Mega. BBQ and Drinks provided and prizes to be won. Click for more info and see the flyer.
26-11-2019 more >>

Steve Watson- Head of Tenancy Services Compliance

Venue: Kings and Queen Preforming Arts Centre- 195 Surrey Street, St Clair, Dunedin 9012 Time: 7pm for 7.30 start Come along and hear from Steve Watson the head of the compliance division at MBIE (Tenancy Service). With all the changes going on and all the problems members have been having. Steve had agreed to come and speak to our members to clear up problems we are having and answer all your tricky question. We do not get this opportunity often to have this kind of speaker so come along you will not be disappointed. This is not the same as the Renting and You seminar that was just held in Dunedin. Members only event and you MUST bring your membership card or card on the app along. Register now as space will fill up very quickly for an event like this. 
25-11-2019 more >>

All New Zealand will be affected by tenancy changes

Government has announced the changes they intend to make to the Residential Tenancy Act. We managed to get some wins, such as the rules around pets will not change and modifications that tenants can make to the property are minor and still need the landlord’s con
20-11-2019 more >>

OPIA- Christmas Dinner

Tuesday 19th November Come along and enjoy a fun end of year social event to celebrate a great year for the OPIA. We will have a quick update on what is going on with the property market in NZ and the political issues but apart from that its a great time to celebrate and have some fun. Two course set menu and shared starter. $35pp for members (Subsidised) $43pp Non-members
19-11-2019 more >>

Landlords will not be able to protect neighbours

Government has announced a raft of changes to the Residential Tenancies Act. The Minister has said he does not want to be seen to unduly punishing landlords. These changes do more than punish landlords however. They will punish anyone living next to a tenant with antisocial behaviour. 
17-11-2019 more >>

Already hard for landlords to protect neighbours

After more than seven months of trying to end a tenancy to protect neighbours, a Rotorua property manager has finally received approval from the High Court to end the tenancy.
15-11-2019 more >>

Official Cash Rate (OCR) unchanged at 1.00 percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range. Economic developments since the August Statement do not warrant a change to the already stimulatory monetary setting at this time.
13-11-2019 more >>

Government considers extending failed HNZ policy to private rentals

Neighbours and communities around New Zealand are having their lives ruined by the antisocial activity of some Housing New Zealand (HNZ) tenants. Government is currently considering extending the policy to private rentals that allows this to happen. Many more neighbours will suffer if private landlords are not allowed to manage their properties effectively.
12-11-2019 more >>

Proposed change with potential huge impact

Imagine living next door to loud, obnoxious and potentially violent neighbours. If they were tenants then you might expect their landlord to do something about it and protect you.
07-11-2019 more >>

Cliff Seque- Extensions, development and Renos (EVENT FULL)

THIS EVENT IS NOW FULL 5th November 2019, 7:30pm Start OPIA Offices, 365 Princes St Dunedin, 9016 upstairs above chipmunks Cliff Seque the ex president of the OPIA has offered to run a pop up meeting at the OPIA offices about extensions, renovations and development. After buying run down old properties for over 20 years he is a wealth of knowledge when it come to this topic. With two full renos and two new builds currently on the go he has is finger on the pulse of the Dunedin market and what tenants want from a property and how to add value at the best price. As this is at the OPIA offices we have very strict seats available so you must register ASAP to come before it is full. This is a members only event
05-11-2019 more >>

A tribute ot Foster Rudd - NZPIF President 1984-1986

It is with sadness we report the passing of Foster Rudd to whom we will always be grateful for the significant part he played in the establishment of the NZ Property Investors Federation (NZPIF)
25-10-2019 more >>

MBIE EVENT- Renting and You seminar - Dunedin

This is an MBIE event not run by or associated with the OPIA The seminar will cover the healthy homes standards and what landlords need to do to comply, along with other upcoming changes to tenancy laws. The presentation will be approximately one hour, followed by a Q&A session. Reg here: https://www.tenancy.govt.nz/about-tenancy-services/events/renting-and-you-seminar-dunedin-2/
22-10-2019 more >>

Maximising your section and property

Come to this evening to get you inspired about renovation and upgrading your properties or getting the most out of your section. We have a panel of local landlords/investors and so experts coming to speak so register now! More info to come
15-10-2019 more >>

Market and New Laws Update- Cromwell Meeting

The OPIA would like to invite members and non-members to a meeting of like minded investors to an exciting free Saturday afternoon meeting. We will have a market update with what is going on around central Otago (speaker TBC), Tenancy Law update by OPIA president Kathryn Seque including RTA amendments, healthy homes and RTA reform. We will also have Mitre 10 mega attending to show you products that can help you comply with the new healthy homes requirements with ease. Afternoon tea will be supplied but you must register online. Heritage Hotel Cromwell- 1pm 5th October 2019
05-10-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is looking at changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours' lives hell.
21-09-2019 more >>

Neighbours at risk from uncontrollable tenants

Government is considering changes to tenancy law that will make it harder for rental property providers to manage unruly tenants, many of whom make their neighbours lives hell. “The NZ Property Investors’ Federation (NZPIF) is extremely concerned that more neighbourhoods will become domestic war zones, as happened in Motueka, if the right to issue no stated cause notices is removed" said Andrew King, Executive Officer of the NZPIF.
18-09-2019 more >>

Landlord of the Year 2018 - Leilani Driessen

Landlord of the Year 2018 - Leilani Driessen gives us a rundown of what she did to become Landlord of the Year 2018.
17-09-2019 more >>

Kiwibuild reset a good idea

“The Kiwibuild reset is a good idea” says Andrew King, Executive Officer of the NZ Property Investors’ Federation (NZPIF). However, providing $400,000,000 of taxpayer money to get “up to” 4,000 people into home ownership appears to be a very expensive investment. How will the lucky 4,000 be chosen and what about all the others who aspire to home ownership?
04-09-2019 more >>

Latest ASB Housing Confidence Survey July 2019

Confidence has been rising over the last three months
26-08-2019 more >>

Trade Expo - Meet Our Business Partners & Tradespeople

Make a point of joining our business partners, tradespeople and advertisers for a closer look into their new products and services. Also see more efficient ways of going about your renovations. There will be ample opportunity to chat with the presenters while they update you and showcase their latest catalogues. Of course no event would be complete without giving away some great prizes on the night . MUST REGISTER FOR EVENT!
20-08-2019 more >>

2019 Conference was a positive event

I have just got home from the NZPIF conference in Rotorua. What a positive event it was, with the mood assisted by a great All Black win on the Saturday night, enjoyed by many of the attendees.
20-08-2019 more >>

RTA amendment Bill finally passes

It was great news that the RTA Amendment Bill was finally passed and came into law on the 31 of July 2019. The Bill improves the situation for three key issues. Tenants liability for damage, unlawful dwellings and methamphetamine.
19-08-2019 more >>

Home Affordability is improving according the the June Massey University report

Home affordability has improved driven by decreasing house prices, lower mortgage interest rates and increases in incomes
16-08-2019 more >>


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