Month: October 2023
apm Client Newsletter – October 2023
In this edition we discuss:From Bill – Experience Peace of Mind with apm’s HomeWatch ServiceA Word from Howard – What to Look for When Buying an Investment PropertyResidential Property Management – Absorbing Increases in Property ManagementBody Corporate Management – Levies and BC/RA/CL Living, Bank Account ChangesCommercial Property Management – Anti-money Laundering Requirements When Leasing PropertiesWaiheke Escapes – Welcome to our new...Read More→
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Anti-money Laundering Requirements When Leasing Properties
New Zealand has implemented anti-money laundering (AML) regulations under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. These regulations apply to various businesses and professions, including those involved in the real estate/management sector. However, the specific requirements for AML checks on commercial property owners or their trusts can vary depending on several factors,...Read More→
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A Word From Howard – What to look for when buying an investment property
Investing in residential or commercial rental properties can be rewarding while offering a steady stream of income and potential for long-term appreciation. Making a successful investment requires careful consideration and due diligence.Whether you’re a first-time investor or a seasoned pro, perhaps the following crucial factors to look for when buying an investment property are nothing...Read More→
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Absorbing Increases in Property Management
Today I have both good and not-so-good news to share with you as our property partners.Last week we were advised that as from 1 December 2023 the advertising rates with Trade Me will be increasing by a minimum of $14.00 per advertisement, this increase is unfortunately less than a year since their last increase, that’s the not-so-good...Read More→
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Levies and BC/RA/CL Living
As the cost-of-living crisis continues to bite New Zealand, some focus has fallen on levies and trying to understand if they are increasing, why, and by how much. We are seeing increases to budgets of 5 to 15 percent on average. Increasing insurance costs due to a hardening market, an increase in replacement values, higher...Read More→
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