Another interesting article

January 29th, 2010

Proposed changes to the Tenancy Act

January 28th, 2010

Interesting Article

January 18th, 2010

Housing becoming unaffordable?

January 9th, 2010

Interesting Articles

November 1st, 2009

Theres a couple of interesting articles I was reading tonight that I thought I would share. The first one relates to debt collection numbers being on the rise and the second one is about it bieng cheaper to rent then to buy again.

http://msn.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10606518&ref=rss

http://msn.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10606526

Shayne's blog, Thoughts and Opinions

Event

August 15th, 2009

Venture Property is hosting a one day event next weekend. I am very excited about the event and expect to be full of motivation afterwards and feeling like the king of the world.

 

I believe it is going to be a very motivating event and I really would like you to attend. I also would really appreciate your feedback on it. So, everyone that attends and sends me feedback will go in a draw to win their ticket price back and dinner for two at waggamama’s. (Pam has told me that I am not allowed to put our name in the draw).

 

Follow this link to sign up and I look forward to seeing you there and receiving your feedback.

Beat the Banks Event

 

Shayne Thurston
Lambton Property Management

Shayne's blog, Various Things

Motivation

August 9th, 2009

Motivation -

We all want it, need it and desire it. However, it tends to wax and wane for many of us and at times needs a ‘rev up’ or ‘refill’ to give it us back the ‘buzz’ (or at the very least to keep the buzz going - think of it like filling up with gas).

I am currently looking around at events and the like which I will be attending to ‘keep my buzz going’ - and when I decide on them I will share them with people.

Stayed tuned.

Shayne Thurston
Lambton Property Management

Shayne's blog, Thoughts and Opinions

Late Rents

August 8th, 2009

There is a noticeable difference in my tolerence of a tenant when they call us to let us know rent will be late. Take today for example - at 9.05 I answered a call from a tenant - they explained to me they had stuffed up and forgotten to transfer money to the account their rent went out of. They then told me they had now transferred the payment to us by interent banking. Then they emailed me the screen print of the payment.

My attitude to this thankful and forgiving.

Take the tenant I called this morning after their rent had not come through. They told me that the bank had made a mistake and it should have been there. My attitude wasn’t as forgiving. After asking them what bank they used and what branch and nto really getting an answer I explained to them that unless it was dropped in to the office today by 4pm, we would start ‘the process’.  Did they show? No. Was I surprised? No.

The difference I have noticed is that if a tenant contacts us straight away, the reason tends to be true… if we have to chase them, odds are its not.

Shayne Thurston
Lambton Property Management

Shayne's blog, Thoughts and Opinions

Why can’t we?

July 31st, 2009

Why can’t we as landlords simply give a tenant notice to vacate as per the Tenancies Act and have them go? Why do tenants have the right to appeal to say “No we won’t go”? Surely as the landlord, if you want the tenant out of your property and give them the required legal notice that should be the end of it?

It boggles the mind.

In recent news (http://nz.news.yahoo.com/a/-/mp/5763819/tribunal-rules-for-housing-nz-in-eviction-case/) Housing New Zealand had to go to the Tenancy Tribunal to have eviction notices upheld.  This in itself is really annoying. Yet again, I cant help but ask.. If you give the tenant notice to vacate under the Residential Tenancies Act (and they are not in a fixed term lease) then why do they have the right to appeal that. Whether you have them as tenants is surely your choice?

What I found even more annoying was that the people being evicted had a QC as their lawyer and that he reprsented them at the Tenancy Tribunal. .

Whats more, they are now appealing the decision.

Its simply mind boggling.

Shayne Thurston
Lambton Property Management

Shayne's blog, Thoughts and Opinions

Writing a good Ad

July 21st, 2009

After some time writing an ad for a newsletter today, I took some time to reflect on writing good ads.

For renting a property there are a number of things that must be in the ad and others items that help.

Obviously, the suburb is crucial, so is the number of bedrooms. While some people think that you can leave the price out - you can’t. Most people simply jump the ads that dont mention price.

Include things such as heatpumps, dishwashers, decks, parking - In Wellington, parking is a plus, so if its there include it.

Dont mention things like.. Only gets afternoon sun, or 20 minutes to the bus. The sun is something you can discuss with people when they are there (and if the sun is very important to them - they will ask). Most people are capable of quickly sussing out the hact there is no bus there. However if its really close to transport, mention that.

I suppose in short, Suburb, Price, Parking, Whiteware etc and any other good points. Dont play up the bad points - what your ad is to do is to get people in the door, then when they are in the door you can talk to them about those things.

Shayne Thurston
Lambton Property Management

Shayne's blog, Thoughts and Opinions