New to trade me is a business listing option providing businesses an opportunity to list their services at a reasonable price.

Property Management Direct seized this opportunity and became the first property management company to list their business.

We believe on becoming a market leader and this is another great way on meeting new customers.

Please view our add via www.trademe.co.nz/314661184

Property Management Direct has now created a profile on the largest business networking site, www.linkedin.com

Check out our friends and colleagues, they maybe even able to help you in business.

Visit and join us now!

http://nz.linkedin.com/pub/matt-hooper/24/154/846

Two months ago Property Management Direct joined Auckland Centrals branch of BNI.

BNI stands for Business Network International. BNI is a business and professional networking organisation that allows only one person from each profession to join any group or chapter.
There are currently 129 chapters in New Zealand and some 2,741 members with a number currently under formation. Worldwide there are 125,000 members in 5,454 chapters in 38 countries.

In recent month we have attended a number of seminars in order to increase our profile and get a better understanding of property maintenance requirements.

Property Management Direct now offers a 5 year maintenance schedule which is included during our regular property inspections.

Along with the photographs we take and sent to our owners we now identify future maintenance needs with you property to ensure regular up keep is identified and that your investment property is kept to a high standard saving you time and costly expenses as well as achieving the best rent possible.

Recent information from the Department of Building and Housing show the average weekly rent in Auckland on the rise. The average has risen by $5 to $408 per week.
This is a $20 a week higher than July 2009 which at $388 was constant throughout 2009 and 2008

Accurate records can help you if a dispute arises during or at the end of the tenancy. You must keep copies of formal legal documents like the tenancy agreement, property condition report, and bond and rent records.

Records of any communication with the other parties involved in the agreement should also be kept, often in a diary or planner where details of times and dates can be made accurately.

Also, keep duplicates of any letters or emails sent to the other party.

Market rent is described (in the Residential Tenancies Act) as what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas.

Market rent is a useful guide when you are deciding what the rent will be. It needs to be comparable to the rent charged for other properties of a similar type, size and location. (If you are charging significantly higher rent than for other similar properties, the Tenancy Tribunal can order you to reduce it.)

DAY ONE
New tenants

If a payment in say the first three weeks is missed then urgent action is required. This has the purpose of impressing your tenant that you are the landlord and bringing them into line. Often early action like this will be all that is needed for the rest of the tenancy.

Send the tenant a text message saying rent has been missed. If you do not get a response to this text by say 10am send a second one stating that a 10 Day Notice to remedy (section 56) notice) is about to be issued that day.