Why use a professional property manager for your rental properties?

Quinovic Parnell AucklandWith so many New Zealand landlords wanting to rent out their own rental properties we’d like to share a few of our property rental experiences with you.

Why should you use a property manager?

With our experienced property rentals team and proven monitored property management systems, we have the knowledge to avoid potential rental problems and minimise any potential tenancy downtime and expense to you as the property investor. At Quinovic Property Management Parnell, rental property management is our business. The team at Quinovic Parnell is well reputed in the Auckland property market. Almost all of our business is generated by referral from happy landlords.

Are you receiving up to date market rental?  
We are able to ensure you are receiving the best possible rent in today’s rental market; we have a strong reputation for improving the performance of your real estate assets and rental portfolio by reviewing your weekly rent scope regularly.
Our property managers ensure we get the very best of tenants for your property hence avoiding ongoing problems.

Quinovic Parnell Rental Properties Team are available 24/7 for those late night and early morning calls from tenants with problems leaving you to focus on your core business, and day to day life.

For more information or to talk to one of our Property Managers today, please get in touch with Kerry Kirwan today on 0220 108 005.

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

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

Why do you want to rent out your residential property?”

Why do you want to rent out your residential property?”

You will have your own specific reasons for wanting to rent out your residential property.  It may be that you are a property investor, or you may just want to rent your family home while you’re overseas. Your motive could be to create a legacy for your family, a retirement “nest-egg”, a vehicle for financial leverage, or just to have your home looked after and costs recovered.

Whatever your motive, you will need to consider your property rental as a business. The first “rule of thumb” in any healthy business is to keep costs down. This can be achieved by reducing maintenance costs, minimizing vacancies and having no arrears of rent. Secondly, income must be maximised. Rentals should be received by you as soon as they are paid by tenants; your rents should be properly reviewed on a regular basis to ensure that a fair return is being achieved on the investment. This will have the effect of maximising your returns and cashflow. A third consideration for any successful business owner is accountability and reporting. You should have access to financial transactions online in the same way that you are able to access information from your bank or other financial institution. This speeds up the decision-making process. Fourthly, profitable businesses rely on reducing risks immediately. This is achieved by being able to access specialist advice at short notice e.g. on the Residential Tenancies Act or any other legal advice from professionals who are only a phone call away. Detailed photographs of the property, accurate lists of chattels and regular inspection reporting will resolve any problems which could arise between landlord and tenant. Prompt advertising of the property well in advance of the current tenants leaving ensures that the you don’t suffer from loss of rentals due to vacancies.

 At Quinovic Parnell we treat all of the properties that we manage as individual businesses and we strive to achieve all of the four criteria above to maximise your profits, and minimise your costs and risks. In addition, we ensure that your “business results” are communicated in a timely and accurate manner so that you will feel comfortable that your property investment business is being watched and monitored very carefully.

Call Quinovic Parnell today on 09 373 4353 or email enquiries@quinovic -parnell.co.nz

for a complimentary rental app raisal of your property.