UNO Property Management

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Zero vacancy in 5 years? What do these DREAM investment properties have in common??

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Real estate in Auckland is quite very active at the moment. With the interest rate dropping to 2.xx%, it makes a lot of sense to get into the market. 

When buying an investment property, no one wants buy a big “lemon” and have problems and headaches from day one. Would you like to know what kind of properties will always rent fast, “trouble-free”, are a dream to investors?

From the many rental properties managed by UNO, we have hand selected 5 of these dream properties: rented for almost all year round, very popular with tenants, attracting high quality tenants, low maintenance. Lets take a look:

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Post Covid-19, Are Rents Actually Dropping in Auckland?

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Congratulations to all of us who are lucky enough to be living in NZ during this pandemic. Now fingers crossed that we are 15 days + in a roll without any confirmed cases of Covid-19 in NZ, victory is insight, our sacrifice has paid off.

As a property investor, you might wonder what’s happening right now in the Auckland property rental market. Make no mistake, people are being impacted by Covid-19 and rents are being affected.  Let me start with sharing some data and examples.

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Uno Property Management – COVID-19 Level 3 Update

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Moving to Level 3 – what has changed.

At 11:59pm on Monday April 27 we move from Level 4 to Level 3. So what does this mean for you and your property?

Our office is still closed

We’ve found new ways of working and although our doors remain closed, we are very much available to our customers. Reach us on mobile and email.

No Routine Inspections or maintenance at Level 3

Although we are not able to complete routine inspections at Level 3, we remain in close contact with our tenants. If anything needs attention at a property we are able to work with them to arrange repairs and ensure the home and its occupants are safe.

Insurance companies have communicated leniency during this time as we are unable to meet the inspection frequency outlined in many policies. At this stage it is unclear whether we will skip an inspection or whether Property Managers will have to ‘make up’ an inspection by completing two in close succession. Once we have clarity on this, we will update our communications.

Tenants have been very understanding and we appreciate their kindness during this time.

We are able to attend to emergency maintenance at Level 3 and have prequalified tradespeople available for anything required. These tradespeople have all met Covid-19 level 3 Health & Safety requirements to manage the risk.

We can rent properties and move tenants at Level 3

Under Level 3 we are able to resume marketing of properties available to rent. We do so with very careful measures in place, following all Worksafe, Ministry and REINZ guidelines to minimise the risk to any of our team, tenants and owners.

  • A maximum of two private viewings (per property) allowed per day, at least 30 minutes apart.
  • Only one Property Manager will be able to attend the private viewing 
  • The owner/tenants must not be present while viewing is underway
  • Tenants already living in the property, must give written permission for viewings to go ahead.
  • Prospective tenants must wait in their car until Property Manager advises they can enter
  • Viewing must be contactless, prospective tenants cannot touch any surface in the property. If something needs to be opened, the Property Manager will do this.
  • Photographers/videographers can enter a property but only to undertake work that can’t be done remotely.

The main thing to do right now is to look after you and your family’s health and wellbeing. If you have any queries on our processes or would just like to catch up please feel free to get in touch with your property manager – we are here to help.

Monica-QR

Uno Owner Corvid-19 Update

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New Zealand is in Alert Level 4 which means all non-essential businesses closed at 11:59pm, 25 March 2020. We can assure you that although our office may be closed our business (and support for you) is very much BUSINESS AS USUAL. We will continue to manage your property, your tenants as best we can.  Our team is well equipped to work from home during this time and we remain contactable through our normal email address, mobile number and wechat. 

Last week, there were significant announcements from the government regarding how we can continue to take care of you, your property and your tenants. I’ve summarised the key points and included links if you wish to read further. We ask for your support and patience as we navigate these new waters.[Continue Reading]

Landlord Protection with Real Landlord Insurance

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Today I am going to share a very quick video on how you can obtain and get Real Landlord insurance to protect yourself as a landlord.

We are not talking about building insurance, but we are talking about landlord protection insurance which I have explained and sent emails out about previously.

Landlord protection insurance is an essential cover in property investment. We at Uno have always encouraged our owners to ensure that they have sufficient insurance to meet their risks. We have always recommended Real Landlord Insurance (www.rlinz.co.nz).

If you want more information with regards this insurance please contact them directly. You can place the cover directly from their website. See video attached below on how to do that.

Please be aware that we cannot place cover for you as there are some declarations that you have to answer yourself. If you are unsure if you have the cover or you need information to complete your application, please contact your property manager directly.
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