Who Wants to be a Quinovic Property Manager in Auckland?

We take a peek into a day in the life of a Quinovic rental property manager.  Some people think we only collect the rent, which we do and it goes into a secure trust account.  The account is like what law firms operate.  At Quinovic Parnell we also do much more than that.

What exactly does a property manager do?

Property Maintenance:

We look after our owners’ properties.  We take care of all aspects of repairs and maintenance.  As such we work with builders, plumbers, electricians, cleaners and gas fitters.  We also work with gardeners, arborists and lawn mowing service providers.

We organise for the cleaning and servicing of pools and spas.  We brief tilers, roofers, carpet layers, curtain and blind installers/repairers.  We instruct glass repairers, insulation installers, locksmiths, painters and decorators.  Then there are pest controllers and house washers.  There are asbestos removers, chimney sweeps, heat pump and air conditioning services.  Plus there are drainage and sewage consultants.

We talk to architects, engineers, body corporate managers, insurance brokers and underwriters.  Sometimes we deal with neighbours over renovations, subsidence, boundary fences and overhanging trees.
pexels-couple-home-house-1288482

Property Inspections:

We do regular inspections of all our rental properties.  The inspection includes a written report and photos.  We check each property complies.  We check for operational smoke alarms, asbestos identification, insulation, weather tightness and mould.  We then liaise with our owners and tenants about any outstanding issues.

Accounting:

We break down and explain invoices and costs to our owners and tenants.  We reconcile and allot charges for water bills and property maintenance expenses.  We receive rent payments and chase up rent arrears.  We receipt and later release tenants’ bond monies.

Legal Accountability:

We are the property owner’s legal representative.   We ensure the properties we manage and the owners we represent adhere to the Residential Tenancies Act (1986) and its amendments We observe legislative, body corporate, and/or local government rules and council bylaws which govern residential rental properties.  And this includes residential parking constraints.
We uphold the rights and obligations of all parties, including our tenants.  We are also responsible for ensuring the quiet enjoyment of our tenants’ neighbours.  Now and again we deal with noise complaints and barking dogs.

Security:

We look after keys, swipe cards, remotes, security and alarm codes for all properties we manage.  We record each time these items leave and return to our office. We vet all service providers who are working in our tenants’ homes.  We make sure all service providers have agreed to our health and safety guidelines.  We ensure all our rental properties are safe and secure for our tenants.

Utilities:

We organise or advise about electricity and gas supplies, broadband and Sky TV.  We oversee the fibre installation into rental homes.

Research:

We keep up-to-date with market rental prices which can show seasonal variation.  We assimilate the latest tenancy tribunal judgements and legislative changes affecting rental properties.  We keep our owners and tenants updated. Where required we alter our business practices.  For new tenancies, we vet tenancy applications and check tenant references.

Marketing:

We write compelling rental property advertising to attract great tenants.  We sometimes take our own photos for advertising.  Other times we arrange for professional photographers to take them.  We use social media to further promote properties to a wider audience.
Quinovic Parnell assists owners of rental properties with strategies that ensure their investment is professionally managed by experts to the highest standard.  We give you peace of mind, so you know you are working with Auckland property management experts.
Talk to Kerry today from Quinovic Property Management Parnell about us managing your Auckland rental property:

 

Are You Thinking of Buying an Investment Property?

Even if you are a seasoned property investor, but especially if you are relatively new to property investment, our advice is to “get advice”.

There’s much to consider:
  • Is it a good investment for me? Do the numbers work?
  • Do I know all I need to know about the property from a legal perspective?
  • What sort of rental return can I expect?
  • What improvements can I make to increase the value of the investment?
  • What type of features appeal to tenants; what are they looking for?
Here are a few tips that might help your decision making.

 

Bedrooms
The number of bedrooms is generally the first factor in determining how much a property will rent for. The bedrooms, the greater the rental income potential. Bedroom size is also important – they should all be big enough to accommodate a double or queen-sized bed.

 

Living Areas
The number of living rooms should be in proportion to the number of bedrooms. Usually, if there are four or more bedrooms, there should be more than one living area. Living areas are areas used for general living, ie – a space that can fit a couch, coffee table and TV. They also need to be far enough apart so that noise isn’t an issue. For instance, a house that has a combined lounge/dining upstairs and a rumpus room downstairs is considered to have two living areas.

 

Kitchens and Bathrooms
New or renovated kitchens and bathrooms are more appealing to tenants and “sell” rental properties. They also help maximise the sales price of properties when sold. Like bedrooms, the number of bathrooms can also influence the rental return.

 

Outdoor Living Area
Properties with an outdoor living area are easier to rent than those without any outside options.  Ideally, there should be enough space for a barbecue and seating for 4 to 8 people.  Yet anything is usually better than nothing.
Grounds should be low-maintenance and well maintained in the front and back. Consider the cost of lawn and garden maintenance and who you think should be responsible – you or your tenants.

 

Rental Property Investment

Presentation:
Properties that need repairs and maintenance aren’t appealing to tenants.  Property presentation is also a very important consideration.  As the property owner, home maintenance inside and outside is your responsibility, not your tenants.  It makes economic sense to ensure your property is presented in the best possible way.

At Quinovic Property Management over the past 30 years we’ve learned a lot about rental properties. We’ve helped residential property investors maximise the potential of their rental assets.

 Are you looking for independent, honest advice based on experience and knowledge?
Get in touch with Quinovic Property Management Parnell by clicking on the link below:

Tips from Quinovic Parnell to Help Prevent Your Christmas Gifts Being Stolen

The festive season can be the time of year when thieves target your presents – both in your home and vehicle.  With the warm weather we tend to get out and about more.  There’s invitations and celebrations this time of year too – so you could be leaving your home unattended more than usual.

We thought now would be the perfect time to offer you some tips.  They apply to home owners and tenants of rental properties:

  1. Keep Valuables Out of Sight in Your Car:  When out Christmas shopping ensure valuables and gifts are out of sight.  In the Christmas rush it can be easy to put everything on the back seat and rush to the next store without a moment’s thought.  Use your boot or parcel shelf.  Check gifts and valuables are out of sight and ensure you lock your car if you need to leave it unattended.
  2.  Place Your Gifts Out of Sight Until Christmas Day:  Put off placing your gifts under the tree until as close to Christmas Day as possible.  It’s a good idea to close the curtains so all presents are out of sight.
  3. Store Valuable Items in a Secure Place:  Make sure your valuable presents are away in a lockable cupboard, stored in a bedroom or in a secure locked garage.
  4. Keep Boxes and Receipts Out of Sight:  Your boxes and receipts should be out of sight from prying eyes and we suggest making sure they aren’t visible through windows.
  5. Get Your Online Gifts Delivered Elsewhere:  Online shopping is more and more popular.  Get your online gifts delivered to an address where someone is there all day, or at your workplace.
  6. Avoid Placing Gifts in One Place:  While it’s tempting to store all your gifts in one place, it’s a good idea to store them in multiple areas in your home.
  7. Be Careful How You Dispose of Packaging from Expensive Items:  With so many great offers around the festive season it can be the perfect time to buy a big ticket item or upgrade the television.  Take your packaging away for recycling to the local refuse centre, or break or rip it into smaller pieces which are unable to be identified.

We hope our tips have helped you to enjoy your festive season.

Quinovic Property Management Parnell Tips

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

 

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.

Pixabay-house-2368389_1920

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

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.