A Rare Gem in Desirable Kohimarama! New Rental Property Listing!

Quinovic Parnell Auckland Property Management Specialists

Executive Home Available for Rent!

We have for rent a stunning, architecturally designed 3-bedroom home with 2 bathrooms and an extra living area.  This is a beautifully designed rental property with plenty of space, light and sun.  Located within a short walking distance of Kohimarama beach in Auckland, local shops, cafes and public transport….$1200/ week, available in the New Year.

Contact Kerry at Quinovic Parnell with your expressions of interest 0220 108 005

This wonderful Remuera property rented the day it listed!

We have a long list of clients looking for executive homes in Auckland. These clients include CEO’s, upper-level management, medical staff, and professionals on secondment and fixed-term employment contracts. If you have an available executive rental property and need specialist residential property management services, you need to call Quinovic Parnell.

Auckland Property Rented

 

 

 

 

 

 

 

 

 

 

 

 

 

Contact us now to list your property!

 

NZ Herald Article re: Auckland Apartment Rents

An article yesterday in the New Zealand Herald by Anne Gibson suggests apartment rents in Auckland City will rise due to immigration and the growing economy driving up demand for rental accommodation.  At Quinovic Parnell in Auckland, we have seen apartment sale prices increase and rents stay much the same, however agree it is a matter of time before market rents start to catch up.

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Are you an Auckland property investor?  Get in touch about a consultation so you can explore how we can add value to your Auckland property portfolio.

Get in touch with Quinovic Parnell today:

Contact Quinovic Parnell in Auckland

Talk to Mary or David Vinsen, or speak with our Business Development Manager on 0220 108 005

Need to recharge your batteries?

Getting back to nature is the answer, and the sights and sounds of the ocean always feed the soul.

When we need to recharge our batteries and escape from the hustle and bustle of the city and our busy lives, we drive two and a half  hours from Auckland to our beach house at an exclusive beach on Coromandel’s east coast.   The stunning 270 degree views of ocean, coastline and bush refresh and restore us.

Who do you know who needs time out and a chance to recharge for a few months or more? 

Or would just like to escape from the city and do some of the things they have dreamed of doing.

Maybe an artist or writer who would draw inspiration from the surroundings.

Or someone just retired.

Someone who just wants to go fishing.

Someone who has sold their house and is in no hurry to purchase again.

Someone recovering from an illness.

Someone who has a sabbatical or long term leave coming up.

Someone who can work remotely using excellent broadband.

Someone who has always dreamed of running a B & B.

A family member or colleague from overseas who would like an independent base for their extended stay in New Zealand.

Here’s the solution:

Our sunny architect – designed beach house will be available for long term lease (6 months or longer)  from mid February 2012.

Up until now the house has been available only for short term rentals.   Here’s the link to the short term rental site for details and photos. The Bluff    (Ignore the daily rates if you are looking for long term; they are for short term rentals only)

Contact us if you’re interested in finding out more about recharging your batteries and the rate for a long term rental.

Enhancing Residential Investment Property Rent Returns

Property Magazine International printed an article this week about enhancing private rental sector returns from the third quarter Young Index. The article gauged landlords views on the value of professional property management and its impact on residential investment returns.

Stats are for London but the trend is definitely reflected in Auckland’s investment property market.

Here are the trends:

76.6% of landlords believe that tenants pay higher rent for properties that are managed by professional property managers

82.9% of landlords believe that average tenancies are longer for property that is professionally managed

73% believe that professional property management enhances capital value

85.7% believe that professional property management is money well spent

77.6% recommend using professional property managers

81% spoke to use a professional property manager

17.2% only, manage their own properties.

The percentage self managing their properties is probably higher in the New Zealand rental property market due to the Kiwi do it yourself mentality in the name of cost saving. False economy?

In our experience properties we manage:

  • are well maintained so attract & retain good tenants and enhance property value
  • attract above average rents and with 6 monthly rent reviews ensure the best return and well and truely justify management fees
  • attract higher than average rents at letting time because tenants are not faced with letting fees.

Contact us for rental appraisals and management proposals , rental houses, rental units, rental townhouses, apartment blocks in Auckland.

Mary and David Vinsen and our team at Quinovic Parnell, Thomas Goehring, Gordon Walker, Chris Fleming.

www.quinovicparnell.co.nz

A Day in The Life of a Property Manager

Here at Quinovic Parnell it is fun and always busy. Our three property managers are right on top of their game with zero rent arrears, all property inspections up to date, rent reviews up to date and lots of spring property maintenance and upgrades in process. They love what they do and it shows in their work results. So here’s to Chris, Gordon and Thomas for their focus and dedication to our clients – property owners and tenants.

Contact us: Mary Vinsen

 

Good News On Rent Arrears

It is great to tell a story with a positive ending. We seem to have a lot of focus on rent arrears at the moment and mostly because we are achieving zero rent arrears for our current clients and  finding new clients who have suffered losses in the past while self managing their rentals . Many also suffered losses while their property was being managed by other residential property management companies. However we have a client who had some historic rental property arrears and have been chasing this money for  them for a few months now. The amount was significant and the tenant in arrears had well and truely moved on. The good news is we finally tracked him down and have received a 50% payment from him today. It was fantastic to tell our client they would be receiving the money in their bank account within 5 days and the rest will follow soon.  They are ecstatic!  Rental Property owners do not owe people free rent and specialist property managers will make it their priority to collect rent efficiently with no excuses for non-payment.  Contact us Mary Vinsen or David Vinsen at Quinovic Specialist Residential Property Managers Parnell. We would love to help and especially if you have rent arrears to deal with.

More on Rent Arrears…

Having written last week on “How to Achieve Zero Rent arrears” I was amazed to discover two friends whose rental properties had fallen into serious arrears while being managed supposedly by professional property managers. Sadly we hear the same story time and time again so this was just another example (two more actually) Why would any landlord accept tenants who fall behind in their rent payments. Well example number 1. Owner of a very nice 5 bedroom home under-rented, managed by a property manager who was under resourced to cope with the business, did no inspections in a year, did not review the rents and allowed rent to be in arrears to the tune of $9000?? The question is why? Why does an owner put up with it? They said they didn’t want to lose the tenant in case they couldn’t find another one?? But worse still, they didn’t want to terminate the agreement with the property manager because the property manager was a friend and was cheap!!  Example number 2. Property investor with several rental properties, some managed by property management company and some self managed.  The self managed properties lost $16,000 in rent arrears in one year? Why? The investor could not be bothered to check his bank statements nor did he review rents or inspect the properties. Needless to say we will be offering to turn the situation around in both cases including chasing the rental arrears. As a property investor myself and owner of Quinovic Property Management Parnell I know there is a better way. Contact us Mary Vinsen or David Vinsen and have your property or properties managed professionally.

Avoiding Rental Property Traps

You’ve decided to rent out a property but are you aware of the pitfalls? While “letting agents” and some real estate agents can rent out your property for a fee paid by the tenant, that may be all they do. Mary and David Vinsen, new owners of Auckland-wide property management company Quinovic in Parnell, say many new landlords are unaware that owning rental properties requires proper and often time-consuming management. “Some property owners discover to their consternation that management involves more than just letting premises and hopefully collecting rent,” Mary Vinsen says. “For example, how do you ensure that your tenants are reliable rent-payers or that your property is maintained and left in the condition it was rented at the end of the tenancy?” she asks. “Who monitors condition, organises maintenance, collects and accounts for rent and expenses for end of year financials? Generally, not a letting agency! But we do.” Established over 20 years ago in Wellington, Quinovic is the largest privately-owned specialist residential property management group in the country with offices individually owned, and operated to a consistently high standard across the country. The company acquires tenants with proven credit histories and references, lets properties without charging them fees; and is on call to deal with any property-related issues. Property owners can access regularly updated confidential reports via the internet covering the property’s condition, maintenance and repairs, rental cash flow, inspection reports and photos and customised financial statements. “The peace of mind and freedom to live your live as you’d like costs only a small fee based on a percentage of income,” Mary Vinsen says. David Vinsen says that some clients are actually former tenants who found Quinovic administration “firm but fair” and eventually enlisted the company’s management expertise when they acquired their own investment properties. For a free rental appraisal, contact us David Vinsen or Mary Vinsen at Quinovic Parnell; ph 473 4353; or email enquiries@quinovic-parnell.co.nz

Avoiding Rental Property Traps

You’ve decided to rent out a property but are you aware of the pitfalls? While “letting agents” and some real estate agents can rent out your property for a fee paid by the tenant, that may be all they do. Mary and David Vinsen, new owners of Auckland-wide property management company Quinovic in Parnell, say many new landlords are unaware that owning rental properties requires proper and often time-consuming management. “Some property owners discover to their consternation that management involves more than just letting premises and hopefully collecting rent,” Mary Vinsen says. “For example, how do you ensure that your tenants are reliable rent-payers or that your property is maintained and left in the condition it was rented at the end of the tenancy?” she asks. “Who monitors condition, organises maintenance, collects and accounts for rent and expenses for end of year financials? Generally, not a letting agency! But we do.” Established over 20 years ago in Wellington, Quinovic is the largest privately-owned specialist residential property management group in the country with offices individually owned, and operated to a consistently high standard across the country. The company acquires tenants with proven credit histories and references, lets properties without charging them fees; and is on call to deal with any property-related issues. Property owners can access regularly updated confidential reports via the internet covering the property’s condition, maintenance and repairs, rental cash flow, inspection reports and photos and customised financial statements. “The peace of mind and freedom to live your live as you’d like costs only a small fee based on a percentage of income,” Mary Vinsen says. David Vinsen says that some clients are actually former tenants who found Quinovic administration “firm but fair” and eventually enlisted the company’s management expertise when they acquired their own investment properties. For a free rental appraisal, contact us  David Vinsen or Mary Vinsen at Quinovic Parnell; ph 473 4353; or email enquiries@quinovic-parnell.co.nz