Tag Archives: renting

Nelson Property Investors Association comments

April 28, 2011

The next meeting  for the Nelson Property Investors Association is being held at the Nelson Suburban Club, Tahunanui Drive on Tuesday 17 May. The guest speaker at this meeting will be Cliff Seque from Dunedin, a landlord with 37 years experience.

In their May Newsletter, the following comments were interesting;

“My guess is the BNZ have got their predictions wrong about Auckland leading the way with price increases.

QV have indicated little old Nelson has emerged as one of the star performers during the recession as far as house prices goes. With small centres it does not take as many people moving around to create an aberration in prices.”

For the full article head on over to here.

Recent Christchurch events have focused attention on accommodation in the Garden City, and the newsletter also touches on the relevance with this point;

“There is a large concentration of these social housing units in the most quake affected areas of Christchurch which explains the high percentage of high risk tenants seeking accommodation here.”

Landlords do have plenty of responsibilities and this too was highlighted at last months meeting, covered briefly here in the post, Lessons from Christchurch, and in a newspaper article from the Nelson Mail here.

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Social Media – The Dark Side

December 16th, 2010

Who can forget Yoda’s immortal words in Star Wars Episode II : Attack of the Clones;

Hmmm. The Dark Side clouds everything. Impossible to see, the future is”

If you haven’t been hibernating for the last few years, then you’d be aware that after each round of interviews, many employers seek out a PC, and go “googling” or “facebooking” your name, or combinations. Increasing in frequency alongside this is the old detective trick of “looking up“ any writings on/from work associates at previous (or even current) employment locations.

IMAGE CREDIT - Razvan Caliman

IMAGE CREDIT - Razvan Caliman

Places like Trademe, Linked In, Plaxo, etc actively encourage interviewers to “develop an appetite” for such workmate / schoolmate linkings. Oftentimes its as simple as checking out whom a potential job candidate follows on Twitter or Facebook.

I’ve read comments on some sites like “a workmate is saying so and so” or “he/shes a real wally, a looser” or such.

If either the writer or the intended whom the writer is scribing about, are applying for a job through an interview process, then these comments plus any type of “associated” photo’s are quite illuminating indeed.

In fact from an interviewers point of view, I think the phrase is “time saving.” I’ve heard of one interviewer even glancing over which Facebook Groups a person publicly belongs too.

So along with all the fun of sharing exciting overseas trips, your best friends wedding, and last years family Xmas gathering……..you really should think twice about those “other” photos.

Don’t forget comments either.

Comments?

Check out the box on the right hand side of this page if you are unsure what I’m talking about. (not my page and content varies considerably – some R18)

Maybe the poster thought it was amusing at the time……but dauntingly, thanks to the wonders of the internet, (eg: “mirror sites” in the news this week) those comments will be there to haunt you for a while longer now.

If you need a prime example then you need do no more than google “Candidate’s racy Facebook photos showed ‘lack of judgment’: B.C. NDP leader “ (NSFW)

The Real Estate Angle

I guess by now you are wondering what the heck this has to do with real estate.

Turns out…….lots.

If, after visiting 3 – 4 property managers to find a place to rent / let, then patiently waiting some days for an answer…..and finding out you missed out, yet again……perhaps those photos and that “colourful” language you used on what you thought was a private page just, may not have been such a good idea after all.

Landlords and Property Managers looking to find out a “little bit more” about any potential person who they are going to entrust with their 2 year old 3 bedroom $450,000 brick home…..well you too could do yourself a big favour by employing exactly the same methodology. All landlords would like to have a long term tenant who keeps the grounds tidy, looks after the inside of the home, treats the floor coverings like they would their own, etc.

From the look of some of the photos posted on sites like Facebook…..then it’s not surprising that upon seeing these, a potential future landlord may just have “second thoughts.”

Ringing in my ears is something I was told many years ago which still rings true to this day…..could almost be an interviewers mantra…..

watch what a person does not what they say

Sort of a counter intuitive (“reverse”) meaning of the following phrase “actions speak louder than words” really?

In the end….you don’t want to be disheartened with the whole rental thing…….its your retirement next egg after all…….and the last thing you want to be doing is running an advertisement like this;

….because it got too much and you just want to sell up, and investigate another type of investment.

Could definitely save some “heartache” in the long run.

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Nelson Weekly Rental Rates Update ~ Dec 2010

December 8th, 2010

In a change from previous reports, I’ve taken on the feedback, and the “on the street” realisation that when folk arrive in town…they don’t always end up in a part of town they at first thought they would…..sometimes it comes down to “whats available”….but luckily this is usually only on a temporary sort of basis. (NB: in saying that we are no different that other towns in NZ when it comes to “big” pets ~ so if you happen to have a dog and are going to require rental accommodation at the commencement of your Nelson property exploration expedition ~ then definitely do not leave it to the last minute!)

Market Rent Dec 2010 - (DATA http://www.dbh.govt.nz/Utilities/marketrent/market-rent.aspx)

DATA – NZ Dept of Building & Housing

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Nelson Weekly Rental Rates Update

November 5th, 2010

Once apon a time the rents compiled by NZ’s Department of Building and Housing used to arrive about the 20th of the following month.

Hmmm….seems that like most things nowadays …..times have changed…….and speed to market is now a serious factor on the radar.

I have been reliably advised that the data is available right now for the period 1 May 2010 ~ 31 October 2010.

Remarkable improvement, and well done.

5-11-2010 market rent nelson

First up above is the central part of town, Nelson and Nelson North.

5-11-2010 port Hills

Then its the rents for Tahunanui and the Port Hills, favoured by many if you love a view, especially one over the water.

5-11-2010 stoke rents

Next up is Stoke, my home patch, where I grew up and where I like to think I’m a bit of a specialist, with for want of a better term, a genuine locals knowledge.

Its popular because of its reasonably priced homes, but even more so for its easy access to top class schooling – in all age groups.

AN  ASIDE – asked our property management division today what their occupancy/vacancy rate [or whatever its called] was, and they informed me that out of over 900 homes on their books, their vacant “homes available to rent” today has been hovering under 1% for quite a while now.

DATA – NZ Dept of Building & Housing

Rental Property Scam Lookout

October 8th, 2010

Sub Headline

Landlords  ~ “…… make sure you know where your property is?”

Yup it’s that time again.

Have a slight case of déjà vu about this – seem to recall something similar 5 or 10 years back.

Mum rang the other night from Brisbane, because that’s where she, like many other retired Kiwis have moved to. She knows I am a Real Estate Marketer and decided it was timely to inform me of the latest property related scam hitting the airwaves over in OZ.

Let me paint you a picture here.

You head on off overseas leaving your rental property……

Then when you pop back into the country in 6 months time…..surprise!

Its not yours!

Without your knowledge, your rental property has been sold, and the proceeds……well they have taken a one way trip to Nigeria….in this case AUD$485,000 worth…but at least you arrived just in time to stop the second one going unconditional…….

Then again, you could hop on a plane and go over there to get your money back……………..and hope they don’t have “protection?”…..ala……

Security Guards with attitude - watchdogs from hell......

How could this happen in 2010?

If you are interested, please read the article here…..

I’m the first to admit I have not looked into the legal possibilities / ramifications of whether such a similar scam could operate here in New Zealand, but it does raise ones radar.

All might not be lost thought, however do you need the stress?

PHOTO CREDIT – http://discardedlies.com/entry/?48830_gazprom-with-attitude-

Related – just in case your curious about these folk with their “pets” check out this too…..about the “The Hyena People of Nigeria” – about quarter of the way down the page…..and if you find this text here….

Every member of the party had sores and scars on their faces, legs and hands – legacies of times when the animals suddenly turned hostile and pounced on their handlers with their teeth, fingers and claws.

…interesting you’ll be curious about this page too.

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