Healthy Homes

The Healthy Homes standards affecting rental properties became law on 1 July 2019 and we have already successfully co-ordinated and passed the first hurdle.  This was to ensure there is appropriate insulation in all our rental properties, and to supply all tenants with insulation statements about the location and type of insulation.

We have followed on from this.  We are now also issuing ‘Statements of Intent to Comply with the Healthy Homes Standards’, which are now legally required as part of any new, varied or renewed tenancy agreements.  This statement confirms we are committed to meeting the future Healthy Homes legal requirements for that rental property.

What is Next?

From 1 July 2021, all private rentals must comply fully with Healthy Homes legislation within 90 days of any new or renewed tenancy, with all private rentals needing to comply by 1 July 2024.

As implementation of the new legislation is being staggered over the next two to four years, the next critical deadline for owners is 1 July 2020. By this date we must provide all our tenants with confirmation about the “current status” of the property’s compliance, covering all aspects of the Healthy Homes’ standards, including heating, ventilation, moisture and draughts.

Healthy Homes Standards Deadline Quinovic Parnell

We Are Ready!

In order to ensure we have a full understanding on the state of compliance for every rental property (heating, ventilation, moisture and drainage are particularly complex/technical areas to confirm compliance under the standards), we are currently negotiating to have rental property audits carried out by qualified and independent external auditors.

We are also talking to all our recommended suppliers of heating and ventilation products.  Once we understand what each rental property needs, we can offer the best and most cost-effective solutions here too.

Is your property or portfolio of Auckland rental properties managed by a team of experts in Auckland property management?  Are you confident your Auckland property manager is aware of changes in legislation?  Get in touch with Quinovic Parnell today and talk to Kerry about the new Healthy Homes standards and how they affect your property.

Switch your property to Quinovic Parnell – Auckland’s experts in managing Auckland properties.

Get in touch today with Quinovic Parnell:

Phone Us:  +64 (09) 373-4353

Email Us:  enquiries@quinovic-parnell.co.nz

 

Tips for Rental Property Investors

Property investing can be a risky business.  Follow our tips to maintain a long-term reliable rental income from your investment property.

Purchase Quality Fixtures & Fittings

Under-budgeting, and purchasing low quality appliances is a mistake many property owners make.  Low quality fixtures, fittings and appliances often require regular maintenance more frequently, and need to be replaced after a much shorter period.  This causes the cost to be more expensive than if a quality item was purchased in the first place.

Tenant-Landlord Relationships

Maintaining a professional relationship with your tenants is a great way to encourage them to stay longer and take good care of your property, helping maintain a reliable rental income.  Good communication and goodwill goes a long way in maintaining good landlord-tenant relationships.  Tenants generally expect enquiries and requests to be answered in a timely manner, and appreciate you being friendly and co-operative – remember goodwill reflects goodwill.

Preventative Repairs

Does the roof need to be repaired?  Are the windows leaking?  Is the property secure?  Look out for any preventative repairs required during property inspections to reduce the occurrence of damage over time.

Investing Badly During Renovations

When landlords decide to invest in a rental property it’s often with the goal to increase its rent income and tenant demand.  Yet all too often people fail to invest in quality products that will earn profits in the long-term.  Though it’s tempting, try to avoid cheap, low quality paint, wallpaper, carpets and tiles.  These have a habit of wearing out quickly.  Discerning tenants look for better quality and you may be cutting some of the best tenants out of your market.

Quinovic Property Management Parnell Gives Tips for Rental Property Investors

Price-Rent Ratio

Don’t make the mistake of sealing the deal and purchasing investment properties without fully understanding the financial situation.  Take the time to first consider what the cash flow will be, how the property will help your financial position, and what initial maintenance may need to be done to attract good tenants.  Analyse the gross yield and net yield of the property, then calculate what you will earn after all the costs are taken into account.  You may even find the property isn’t as profitable as you first assumed.

Managing the Property

Managing properties is more than just being available to answer tenant calls all day every day.  Make sure you keep on top of the paperwork too.  Often we hear about landlords who let rent arrears get out of control with thousands owned.  A simple spreadsheet and swift contact with the tenant can help you keep on top of rent arrears, maintenance costs, endings of tenancies, help you measure the financial success of the property, and remind you when the rent value can next be looked at.  Thus creating a less stressful investment and a more confident investor.  Another common mistake made by self-managing landlords is the avoidance of properly checking and recording the condition of a property, at the beginning and end of each tenancy, and at regular property inspections, then letting damage go by without claiming the repair cost from the tenant.

Find Out More

To find out more about property management get in touch with Quinovic Parnell – experts in property care and return.  Click on the link below:

Get in touch with Quinovic Property Management Parnell

Are You Satisfied with Your Auckland Property Manager?

We often hear stories from property owners who pass their Auckland rental properties over to us after a bad experience with their previous property manager. Today we share with you some of the feedback we receive from our satisfied property owners and Quinovic Parnell tenants:

  • “Wonderful professional service – 100%.”, G.A., Parnell
  • “Gordon is very professional and always contactable – 100%.”, A.G., Parnell
  • “I am very happy with the service and communication – 10 out of 10.” J.H., New Lynn
  • “Professional management, only escalates things to me when necessary;  I have no need to get involved – 100%.” D.V., West Harbour
  • “Gordon has been helpful and professional – 9 out of 10.” C.D., Remuera

Quinovic Property Management Parnell Satisifed Owners and Tenants

  • “I would like to express my appreciation for the excellent service you have provided as my property manager.  I appreciate your friendly and efficient professionalism every time we communicate about my tenancy.  I commend and recommend you to everyone I meet.” V.T., One Tree Hill
  • “Lynette has been thoroughly professional and very helpful in dealing with my tenancy.   Her level of service was not something I have previously encountered as a tenant and 2 or 3 minor issues have been dealt with very quickly and unobtrusively.  Regular inspections were notified well in advance and carried out with no disruption.  Lynette is just the person you’d want to be dealing with.” A.M., Parnell
  • “I just wanted to thank you for being incredibly accommodating.  Thank you for being such a wonderful landlord over the past two and a half years – it has been a pleasure.  We both really appreciate all you have done.” TMR, Parnell

How good is the feedback you are giving to your Auckland property manager?  Follow the link below to get in touch with Quinovic Property Management in Parnell today:

Quinovic Property Management Parnell

 

Quinovic’s Top Reasons to Move into an Apartment

The Auckland apartment market is growing, and each month we are offered more options to buy.

Is it time to review the pros and cons of moving into an apartment?

Key Questions You Should Ask Yourself:

  1. If I was to downsize from the family home and move into an apartment – could I keep the family home and rent it out?  What would the rent be and whom should we use to manage the home?
  2. What if I sold the family home and with those funds could I buy maybe one or two apartments and also have enough to buy another townhouse or apartment for myself?
  3. Or maybe I move into the holiday bach and rent out my new investment apartments/townhouse or home? What if I sold the family home and with those funds could I buy maybe one or two apartments, and also have enough to buy another townhouse or apartment for myself?

Auckland apartment lifestyle, rental property, Quinovic Parnell, Quinovic property management

  • Location, Location, Location:  Apartment living is all about your location – moving into the city or its fringe, will give you easy access to public facilities like libraries, art galleries, town hall, theatre and public transport.
  • More Affordable:  Your apartment can be more affordable – even with a body corp fee to pay.  Gone is the maintenance of the home, gardens, insurance, and maybe the removal of the balance of the mortgage.  This can mean you have funds left over to live your life as you desire.
  • Lock Up and Leave:  Travel is more affordable than ever.  With the ability to lock up and leave – you have the opportunity to just leave, knowing there is a building manager you can contact if needed – and who will also take an interest to make sure all is well, whilst you are away.  Escape the weekend or head overseas – you have choices, especially if you have downsized and now have some surplus funds.
  • Choice Over Facilities:  Always wanted a heated pool, spa, sauna or gym?  Choose an apartment that will supply what you want – and share the cost of running these facilities with the apartment owners.  It’s great when you don’t need to leave home, and have these wonderful facilities on your doorstep.
  • Share Costs:  Yes you have a body corp which runs the complex and it is wise to be involved and show an interest in how it works.  The advantage is you have like-minded people sharing the decision making and who help to keep a well maintained building – your new home.
  • Opportunity:  Apartment living gives you a chance to review how much of your money will be invested in the family home.  Should you take some of that equity and make it work in an investment home/apartment or townhouse – or do you just use it to travel and see the world?

If you are looking at property management of your investment – get in touch with Kerry Kirwan from Quinovic Parnell today on 0220 108 005.

The Business of Quinovic Property Management

Largest Specialist Residential Property Management Company in New Zealand

Quinovic Property Management – founded in Wellington in 1988, and the largest specialist residential property management company in New Zealand has 30 franchisees the NZ Herald reported recently.

Quinovic Property Management is a business with a premium brand and potential customer base, and is based on proven systems and processes.

Services include finding suitable tenants for each property;  managing rental collection;  overseeing necessary maintenance work and carrying out regular inspections.

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A lot of business comes from referrals.  Many property investors who were once tenants, and who have experienced Quinovic standards and methods come back after they have purchased their own rental property.

The first Quinovic office was opened in 1988 with the mission to achieve excellence in property management services, backed by first-rate systems and processes.  Since then, Quinovic has developed specialised expertise in managing residential properties, for both home owners moving out of town and residential property investors.

With a professional and technologically-advanced approach, Quinovic has met the demand for quality property management services and is the leading residential property management group in New Zealand.

Get in touch with Kerry Kirwan from Quinovic Parnell today and talk to us about us managing your Auckland rental property:

Quinovic Property Management Parnell

Interested in reading more?  Follow this link for more information

Are You Installing and Maintaining Smoke Alarms in Your Rental Property?

Introducing smoke and heat Alarms with a 10 year life battery that are both small, and pleasing to the eye!

Quinovic Parnell has had great feedback from rental property owners regarding these smoke and heat alarms.  This product is a great idea for landlords who anguish over how to install an effective fire alarm system that can be relied upon.

Photoelectric Smoke Alarm for your rental property

CAVIUS is the world’s smallest Photoelectric Smoke Alarm.

The tiny, aesthetically pleasing Photoelectric Smoke Alarm has a diameter of 39mm, a penetrating sound at 85dB(A), and best of all, the battery is guaranteed to last for 10 years!

heat and fire alarms for your rental propertyThe clever people at CAVIUS have also produced the Thermal Heat Alarm. This is designed to detect a rapid change in temperature instead of smoke. This means you can install them right in the heart of your kitchen, without triggering it every time you cook!

Both devices are certified to EN14604, as well as being New Zealand Building Code compliant.

alarms for rental your property

The long 10 year battery life, tiny size and wireless installation have made them a hit among rental property owners and property managers alike.

Contact us here at Quinovic Parnell for any advice on your rental property!

New listing: Executive home available for rent in Parnell, Auckland

You can’t beat this location – Gladstone Road, Parnell: spacious two bedroom two bathroom semi-detached townhouse, newly renovated to a high standard and ready for you to move in/ to rent/to let. We are looking for the ideal professional couple. This executive home/property comes with a vast amount of storage, 2 car parks and all white ware is included. $750/ week

Quinovic Parnell

Call our senior property manager for early viewing, this property wont be available for long….Thomas Goehring 0211 195 721

parnell executive home rental property new listing