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Not fixing maintenance issues has resulted in a hefty fine for one property management company at the Tenancy Tribunal. The Rotorua company was ordered to pay $3,000 in damages after it failed to fully repair damage caused by a burst water pipe.
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Getting market rent for you property is crucial for every property investor, rental income is the only reason you initially thought about buying an investment property.

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This year we have drawn inspiration from the All Blacks and focused on making things "a little better every day"
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Only 78 sleeps to go until Christmas…
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Our pre-vacate checklist is designed to ensure that all steps are taken by the tenant to leave the property in good order and that the tenancy ends well for all concerned.
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100,000 homes exempt from rental insulation rules
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Spurred on by headlines in the media about housing shortages in Auckland City, the demand on rentals went through the roof and carried on through to mid May softening in July as prices pulled back slightly
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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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Trend in commercial buildings being converted to residential apartments in Auckland.
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What a crazy year it has been! Rents are up, and vacancies are down – this is the stuff property managers and owners dream about!
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The use of technology in the property management industry is resulting in faster, more detailed and higher quality work which is benefiting both tenants and landlords.
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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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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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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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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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Impression Real Estate manage a large number of Auckland City apartments.Therefore we are in a very good position to provide some insight to what may happen in the future.
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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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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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The new Impression website has New Zealand's first up-to-date building rental statistics available online. Online users will have access to the latest Auckland central rental data, showing each building's rents across its different-sized apartments.
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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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