How much power do appliances use?

07/12/2021

There are many appliances that we use in our homes – also many that we use daily. The high end areas are usually in the kitchen, and laundry. Appliance such as ovens & stove, fridge, dishwasher etc.

You might be surprised to know how much each one of your electrical appliances costs to run. Being aware of which everyday household appliances have higher running costs is a good way to avoid higher energy bills. Check out the link below for a guide on house hold appliances and their power usage.

https://www.powershop.co.nz/assets/Resource-Hub/Saving-Electricity/Main-Hub/63c48ace03/Appliances-and-their-power-usage.pdf

If you’re shopping for a new whiteware appliance, TV, fridge or heat pump, you’ll see an Energy Rating label prominently displayed on the products.

The label shows a simple star rating – the more stars, the more energy-efficient the appliance. The label also features an annual energy consumption (kWh per year), calculated from average expected use.

Home cleaning remedies

23/11/2021

Stock your cupboard with white vinegar, baking soda, and lemons and let’s get to it!

Baking soda for oven cleaning – A paste of baking soda and water cleans ovens without the chemicals or the hassle of the self cleaning cycle. Just make a paste on the bottom of the oven, leave for a few hours and wipe off for a shiny, chemical free oven.

Microfiber – Microfibre cleaning cloths are so effective at removing dirt that you don’t need to use detergents and other chemicals to get things spotless.

Clean the dishwasher – Fill a dishwasher safe bowl or jar with 2 cups of vinegar and set on the top rack of the dishwasher. Run through on a hot cycle with no other dishes in the dishwasher to clean and remove the musty odour.

Clean toilet without chemicals – Dump a cup of baking soda into the toilet and let it soak for at least an hour. Pour in a cup of white vinegar, leave for five minutes and flush. (Unless the toilet is really dirty, this will clean it without scrubbing).

Lemon for stains – Get stains off your bench or cabinet by wetting the stain with lemon juice, let sit for 30 minutes or so, and then sprinkle baking soda on the abrasive side of an all-purpose kitchen sponge and scrub the discoloured area. Most stains will vanish, and your kitchen will smell fresher.

Cleaning windows – Newspaper! Use newspaper to clean your windows without streaks

Features Of A Profitable Rental Property

09/11/2021

Thinking about purchasing an investment property? Here are some hot tips to consider when shopping for an investment property.

Schools – When it comes to families looking for rental properties the schooling opportunity is one of the primary elements that families look for. Having a property in an excellent school zone, you will likely receive a high number of quality applications and likely long term tenants.

Amenities – Take a tour of the prospective neighborhood. Are there amenities nearby that offer convenience and entertainment? Shopping centres, restaurants, cafes, gyms and recreational parks within a short distance.

Financially worthy – Just because you can buy a rental property doesn’t mean it’s worth it. You won’t know just by looking at a property, though. You need to know its condition, value, and the cost of any work it may need.

Already tenanted – One of the best rental properties to buy is the one that’s already rented. If you can buy a home with tenants in it and the home in good condition, you don’t have to worry about investing more money in the property.

Location – There are a few factors that will determine your experience as a landlord as much as the neighborhood where your rental property is based. The area you buy in will influence the types of tenants your property attracts and your potential vacancy rates. 

Rent Arrears Assistance

26/10/2021

Have you fallen behind in rent? Worried you might lose your rental?

You may be able to get Rent Arrears Assistance. You don’t need to be on benefit to qualify for this one -off payment.

Here is handy link for further information on who can get it and how to apply for assistance if you are falling behind.

https://www.workandincome.govt.nz/housing/live-in-home/housing-costs/rent-arrears.html#null

Rental Application Process

12/10/2021

Step 1 – The properties T and T Property Management have available for rent are advertised on our web page, Trade MeFacebook and if appropriate the local newspaper. If you have seen a property that you would like to view we ask you to drive by first to ensure it is in an area you like and the look of the property appeals to you.

Step 2 – If the property appeals to you please contact us to confirm availability and suitability. We will arrange a time for one of our Property Managers to meet you on site and provide a guided tour.

Step 3 – Once you have found a property you would like to rent we may ask that you complete an application form through our website. This can, in some instances, speed up your application process. It is important that every person who intends to occupy the property completes this form. It should be completed in full so that your application can be processed promptly.

Step 4 – Your application will be processed and in most cases this will be turned around within 24 hours. This is subject to all information being supplied and we are able to make contact with your referees etc.

Step 5 – If you are the successful applicant you will hear from the Property Manager by phone, if you are unsuccessful you will receive a text.

Step 6 – If you are the successful applicant, the Property Manager will contact you to arrange an appointment to sign a Tenancy Agreement. At the time a Tenancy Agreement is signed, you will be required to pay a deposit of at least one weeks rent to secure the property and the remainder agreed funds must be paid in full before move in date.

Ways to increase rental return

28/09/2021

With the right improvements you could add value to your property which would attract higher rent or fetch a higher yield when you plan to sell the home. When you own your own home, renovations are about creativity. But when you own a rental property, you need think about what’s practical rather than imposing your own personal tastes.

Here are some simple but effective improvements which can make a difference to your rental income:

Kitchen – the kitchen is the heart of the home, renters are happy to pay more for a home with a good kitchen. Kitchen renovations don’t need to be extravagant and can be easily budgeted for. Repainting or replacing your cupboard doors and handles, and swapping out your old tapware, can quickly boost the appeal of the space.

Refresh the bathroom – after the kitchen, a bathroom renovation is a tried and tested way to add value to your rental. Get your bathroom waterproofed, heated and well ventilated. Some relatively cheap fixes include, replacing any old shower curtains, shower heads, and fixtures, scrub away any mould and if need be, put in a new vanity.

Add a bedroom – Does the layout of your property allow for an additional bedroom? Adding an extra bedroom to your rental can attract a lot more people than previously before.

Off – street parking and/or garaging – A car space can be a huge bonus, adding a carport or having access to a garage is something that tenants will pay more for.

Heating – a warm property is going to attract many tenants. If you install a heat pump in your home, you are bound to differentiate your home and attract tenants that are willing to pay more for this convenience. 

Qualities of a dream tenant

14/09/2021

Rent paid on time – Paying rent on time is one of the most fundamental aspects of any tenancy. Paying rent helps the owner pay their mortgage but in return gives the tenant a stable place to live.

Treat the property as if it were their own – A tenant that is “house proud” is a great quality to have, especially when it comes to maintaining the value of your investment and keeping your mind at ease. As well as not causing any damage, the tenant will keep your property clean and tidy and let the property manager know of any issues, should they arrise.

Long-term tenancy – Keeping a tenant in your property long-term is ideal, as it saves you time and money trying to replace them if they leave.

Maintenance communication – something small can turn into a big expense for owners. An ideal tenant will notify their landlord when they notice any maintenance issue that requires attention.

Accommodating – provides access to property inspections, during the tenancy with minimum inconvenience to all.

Adheres to legislation and terms of the Tenancy Agreement – the most important of all! A tenant that follows the terms and conditions of their tenancy agreement and requests permission for pets and property alterations.

What is considered when screening potential tenants?

31/08/2021

1 Relevant criminal convictions: Online background checks are done to avoid tenanting to potentially destructive tenants. However when completing a background check it is a case by case process. Which involves considering the nature of the offence and the severity.

2 Good credit history: Checking an applicant’s credit history may help you avoid rent arrears. As you’ll have upfront insight into whether or not they’ve been responsible with their money in the past.

3 Stable income and employment: Landlords and Property Managers need to feel confident in their tenant’s ability to pay rent and on time each week. This helps to have a employment reference included in the application form.

4 First impressions: Remembering first impressions are everything! You are more than likely to be remembered by your first impression. Whether it is over the phone or at a viewing. Respect is very important.

5 Reference checks: With any prospecting tenant a reference check is always completed to get a better understanding of the potential tenants renting background and personal character.

Trusted Partner

17/08/2021

We are please to be signed up as a trusted partner of tenancy.co.nz. As we strive to do better everyday and provide excellent service to our clients. A service that constantly provides us with the knowledge and support with the ever changing laws and regulations around property management.

Fines after July 1st

03/08/2021

The 1st of July deadline dawned on us fairy quickly and it is important all landlords understand what that means when a new tenancy begins.

As you may already know after July 1st 2021 all new tenancies and renewals in rental homes will have to fully comply with the Healthy Homes standards within 90 days of the start of the tenancy or renewal.

Landlords can face a fine of $7200 if they fail to comply with any of the Healthy Homes Standards (whether the property is non-compliant on one or all of the standards).

There is also a fine for landlords providing a false or misleading statement or information. This has gone up from $500 to $900.