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Viewing all posts by Impression

AIRBNB STILL A WINNER AFTER RATES RISE

Posted by Impression on 30, Jan 2019

Short-term rentals through Airbnb are still profitable for our clients, in spite of recent rates rises by Auckland Council.

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The Property Cycle: This Could Be The Bottom

Posted by Impression on 30, Jan 2019

It’s tough going in the housing market across the Tasman. While Auckland’s housing market peaked in mid-2016 and then went flat ... 

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Rental Shortage Bites For Auckland Tenants

Posted by Impression on 30, Jan 2019

It’s tough out there for tenants: here at Impression, we’re getting 50 people each day walk ...

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Cashflow Positive Properties: Earning From Day One

Posted by Impression on 30, Jan 2019

Now investors can no longer ring-fence their property losses, we’re expecting to see higher demand for cashflow positive properties. 

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Property That Pays You To Own It

Posted by Impression on 03, Dec 2018

While many Auckland investors have done very well from capital gains over the past five years, 2019 could be the perfect time to add a positive cashflow property to your portfolio.

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Is It Time To Consider The ‘s’ Word?

Posted by Impression on 31, Oct 2018

You’re probably a buy-and-hold investor, right?

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Tenancy Reform Update

Posted by Impression on 31, Oct 2018

Are landlords already selling because of proposed tenancy reforms?

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The Perfect Time To Freshen Up Your Property

Posted by Impression on 30, Oct 2018

If you have a tenancy finishing at Christmas, it’s an ideal time to give your property a spruce-up.

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Apartment Oversupply Means It’s A Great Time To Buy

Posted by Impression on 01, Oct 2018

The best investors don’t follow the market. They buy when other people are too nervous to buy, and they don’t sell when everyone else is panicking. It’s difficult to do, because it means ignoring all those scary headlines and trusting yourself.
 

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Yes, We Should Have Rules For Property Managers

Posted by Impression on 01, Oct 2018

Like most property managers who take pride in their work, I am totally in favour of regulating the industry. Whenever a story appears in the media that showcases a terrible property manager, it makes us all look bad, which is infuriating.

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Meth Testing Changes: What Do They Mean For You?

Posted by Impression on 01, Oct 2018

Should you still meth test your property?

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Record Rents Forecast This Summer

Posted by Impression on 01, Oct 2018

Is 2019 going to be a bumper year for rental yields?

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Will You Have $400,000 By Age 65?

Posted by Impression on 01, Oct 2018

How much do you need for a retirement with steak dinners and holidays?

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No Insulation? It Could Cost You $4,000

Posted by Impression on 30, Aug 2018

The deadline for rental insulation is July 1, 2019.

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Top Tools For Impression Owners

Posted by Impression on 30, Aug 2018

Why should you get Impression to manage your properties?

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What Can We Ask For From Tenants?

Posted by Impression on 30, Aug 2018

Some property managers have been asking for tenants’ bank statements and payslips to see if they can afford their rents according to recent news stories

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5 Smart Ways to Protect Your Investment

Posted by Impression on 30, Aug 2018

Owning an investment property is a superb way to set yourself up for a secure financial future. 

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All predictions of an Auckland housing market collapse proved wrong: Alexander

Posted by Impression on 16, Sep 2016

A stark warning has been delivered about the Auckland property market – the price rises of the past four years could be just the start.

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Hold or Sell, Pros and Cons, Right or Wrong

Posted by Impression on 04, Aug 2016

Everyone wants to know what the short term holds? Of course we must continue to look internally to supply/ demand, employment, immigration, NZ dollar, education, tourism and lending which all indicate positive movement for CBD property owners

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The Proposed Auckland Unitary Plan morphs to final stage

Posted by Impression on 03, Aug 2016

Greater spatial application of Terrace Housing and Apartment Building (THAB), Mixed Housing Urban (MHU) and Mixed Housing Suburban (MHS) across Auckland

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New buildings

Posted by Impression on 04, Dec 2015

New buildings on the horizon

 

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Rental insulation rules

Posted by Impression on 31, Jul 2015

100,000 homes exempt from rental insulation rules

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Trade Me says rents are up $25 a week

Posted by Impression on 21, May 2015

In  Auckland, where the apartment market is strongest, apartment rents rose 5.9 per cent to a new record high of $450 a week, up $50 from two years ago.

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Auckland is different

Posted by Impression on 19, Mar 2015

Auckland's house prices are likely to remain high and keep rising in 2015 at a pace similar to 2014's 14%. Why?

 

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Bank mortage war brewing

Posted by Impression on 07, Feb 2015

Interest rates are tipped to drop to new lows, further fuelling hot market

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Big city trends

Posted by Impression on 24, Oct 2014

Auckland starting to follow a lot of the “big city” trends the rest of the world has seen already

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Property management office of the year

Posted by Impression on 29, Sep 2014

Award winning night for Impression at the REINZ annual awards

 

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Save thousands on finding the perfect property

Posted by Impression on 22, Sep 2014

Impression Real Estate offer a free Investor Support Service

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Your new CV arrives next month

Posted by Impression on 22, Sep 2014

Council valuations will be arriving next month

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Manukau set for explosive growth

Posted by Impression on 22, Sep 2014

Impression Real Estate is excited to be involved in the M Central project

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Vacancies remain at record lows

Posted by Impression on 22, Sep 2014

Vacancy rates are at their lowest-ever levels at Impression Real Estate

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Online activity springs up 37%

Posted by Impression on 22, Sep 2014

Remember you cannot retire on one investment property.

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Why can't I use my own valuer anymore...?

Posted by Impression on 24, Jul 2014

The new valuation process explained

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A day in the life of an Impression Property Manager

Posted by Impression on 30, Jun 2014

We thought we would provide you with a brief insight into a typical day for a Property Manager here at Impression.

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Namaste, we are multilingual!

Posted by Impression on 23, Apr 2014

We pride ourselves on being able to help you find your perfect apartment – regardless of whether you have lived in Auckland for 50 years or 5 minutes! 

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Selling a Volt ?

Posted by Impression on 14, Apr 2014

Case Study#9

Last week we sold a mid-level Volt apartment at 430 Queen Street for $247,000. 

 

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Absentee owners watch out!

Posted by Impression on 09, Apr 2014

It was distressing to read this article in the paper a few months ago. Unfortunately with an absentee owner, tenants can and do run amok, this causes distress for neighbours and even more distress when the owner returns to find their property in a damaged state.

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5 Tips that will help with a tenancy application

Posted by Impression on 02, Apr 2014

At Impression Real Estate, we can at times receive up to ten applications for the same vacant property, here are 5 tips to put your best foot forward.

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Man pays $420 for permission to not build veranda

Posted by Impression on 28, Mar 2014

$420 Council fee for a resource consent.  The same in Auckland would cost how much??

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Auckland Landlords lead in capital gains!

Posted by Impression on 27, Mar 2014

Three-bedroom houses in Glen Innes giving an annual capital gain of 18.9%, followed by New Windsor.

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Housing market unlikely to go pop - ratings agency

Posted by Impression on 07, Mar 2014

New Zealand's housing market is unlikely to mutate into a US-style bubble, says Standard & Poor's, although rising prices are at the upper level of the credit rating agency's tolerance, it told a briefing in Auckland today.

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Our Champion Asset Manager

Posted by Impression on 28, Feb 2014

Asset manager Charmian Pearson-White was recently crowned Champion (Level 2) at the North Island Dressage Championships riding her five-year-old horse Wimborne Conniston.

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Making an Impression on the North Shore

Posted by Impression on 28, Feb 2014

"I'm thoroughly enjoying it," says Charlotte Grey, the newest addition the property management team.

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2014: Changes on the Horizon

Posted by Impression on 28, Feb 2014

The next two or three years will see the completion of at least five major apartment developments, with the first one due to be finished later this year.  

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What's it worth? Find out now

Posted by Impression on 28, Feb 2014

How much would that apartment rent for?  Are you getting above average rent?  Is that rental appraisal right? 

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The perfect tenant: Just a myth

Posted by Impression on 28, Feb 2014

All our property managers dream about great tenants: quiet, responsible neat-freaks who like to pay their rent on time, love long-term tenancies and hate throwing parties.  

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Private Owners

Posted by Impression on 13, Feb 2014

Sadly in our industry we can often see some private owners get caught by poor quality tenants.  One of the reasons for this is that they are too trusting and want to believe what they are told.

 

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What do I do if my tenant stops paying their rent?

Posted by Impression on 13, Feb 2014

There are a number of actions that you can take if your tenant stops paying their rent for one reason or another.

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Are you emotionally attached to your property?

Posted by Impression on 13, Feb 2014

It is important to recognise your level of attachment to your property prior to renting it out. 

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Students advised to secure contents insurance

Posted by Impression on 12, Feb 2014

Insurance can be vital for theft or damage and parents' policies often don't apply

There's a warning to students to get contents insurance after the experience of three students, one of whom flooded an eight storey apartment building. 

 

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Is your rent too low?

Posted by Impression on 31, Jan 2014

Approximately 72% of New Zealand’s rental properties are being self-managed by the owners. Only 28% of rental properties are professionally managed.

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Concern over rent system changes

Posted by Impression on 31, Jan 2014

Thousands of state and private tenants behind in their rent will soon be under more pressure, claim critics of a new system designed to cut the time taken to resolve disputes.

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Auckland Suburbs

Posted by Impression on 12, Dec 2013

While  there is no doubt we have a large concentration of apartments in our management portfolio, this is by no means all we manage.  We currently cover Auckland as far and wide as Orewa through to Papakura and everything in between

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Auckland property values up 15.2pc - QV

Posted by Impression on 10, Dec 2013

QV stats are showing some big surges in NZ property values - Auckland up 15.2pc in the past year

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Building Bonanza Tipped for Auckland

Posted by Impression on 06, Dec 2013

We recently wrote a brief article about predicting the future rental growth in Auckland City.   Read more about Auckland's exciting future.

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Where do Aucklanders buy First Homes?

Posted by Impression on 05, Dec 2013

First-home buyers in Auckland are flocking to the west, where there are more new buyers than anywhere else in the country, latest data shows.

The analysis by PropertyIQ is the first to look at first-home buyer numbers since new bank lending restrictions were introduced on October 1.

 

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Supporting Hospice this Christmas

Posted by Impression on 05, Dec 2013

Sadly we recently lost a member of staff, Debbie Murray, to cancer.  During her treatment, several members of the Impression team visited her at Hospice North Shore.  

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Does Your Apartment Need a Health Check?

Posted by Impression on 05, Dec 2013

What's the value of your apartment?  Are you getting market rent?  What improvements could you make that would improve the return on your investment?  

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Sales Market 'Frenetic'

Posted by Impression on 05, Dec 2013

After a quiet October, our sales division is experiencing a big upswing in apartment sales. 
"It's been quite frenetic," says Sales Manager Mark Barry, "with 16 agreements on paper this month, including four or five multiple-offer situations.  The market's good; we've been flat out."  

 

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What will 80,000 Foreign Students mean for you?

Posted by Impression on 05, Dec 2013

Almost 80,000 international students have enrolled to study in New Zealand in 2014, and Immigration NZ is anticipating that the numbers will be even higher once its marketing campaign gets underway.  This is good news for our owners - Auckland's central city apartments are popular with international students.

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How to get Instant Tenant Appeal

Posted by Impression on 05, Dec 2013

There's nothing we like less than a vacant apartment.  So we've come up with a way to help tenants really get a feel for the potential of an apartment.  Each Impression letting agent now has  staging furnishings kit consisting of smart new cushions, paintings, duvets and accessories.  

 

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Bus Tour Doubles in Size

Posted by Impression on 05, Dec 2013

Our bus tour has become so popular that we've had to double its capacity.  Until now, our usual weekly bus tour has hosted up to 30 tenants and prospective owners.  The tour has been booked solid and standing-room only for many weeks now. 

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Auckland Suburbs

Posted by Impression on 05, Dec 2013

While there is no doubt we have a large concentration of apartments in our management portfolio, this is by no means all we manage.  

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Can we get Rent Arrears below 1%?

Posted by Impression on 28, Nov 2013

Taking the best of Kiwi property management to Australia, Impression General Manager Aaron Tunstall was recently invited to present at the 2013 Australian Residential Property Management Conference.  He talked about the success Impression has had in the Auckland apartment market, the free bus tour and the growth of the company.

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