Author: apm

5 Things Not to Plug into a Multi Power Board

Nov 30, 2023 Property Management

Power boards/strips or multi power boxes are a handy tool to have in the home, especially in areas of a house that need lots of electronics but there are fewer power outlets available. They are a portable device that has multiple sockets so more than one thing can be plugged in at a time.Did you...Read More→

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apm Client Newsletter – October 2023

Oct 12, 2023 Company News, News, Newsletter, Property Management

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

Oct 11, 2023 Commercial, Company News, News

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

Oct 11, 2023 Company News, News

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

Oct 09, 2023 Company News, News, 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

Oct 04, 2023 Body Corporate, Company News, News

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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Property Repairs – Who is Responsible?

Aug 16, 2023 Company News, Property Management

The Residential Tenancies Act and Tenancy Services outline legislation that gives both property owners and tenants rights when it comes to renting property.If you own a rental property, it’s important to know what property repairs/damage you are responsible for throughout a tenancy.Property damage is not always straightforward, and it’s expected that tenants report to their...Read More→

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A Word From Howard – Building a Better Platform

Aug 16, 2023 Company News, News, Newsletter

As in many industries, building a strong team of passionate people who work with a reliable platform of systems, processes and procedures, helps ensure a desirable predetermined outcome. Property Management fits very easily into this model.On Tuesday 1 August by 10:25am, we had completed our July end of month financial processing. This meant we had...Read More→

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Committee Member Code of Conduct

Aug 14, 2023 Body Corporate, Company News, News

One of the recent changes to the Unit Titles Amendment Act 2022 relates to a new Code of Conduct for body corporate committee members. The code was introduced on 9 May 2023 and a new section 114A was inserted into the legislation stating:‘The members of a body corporate committee must comply with the code of conduct for...Read More→

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Importance of Due Diligence When Tenanting Commercial Properties

Aug 09, 2023 Commercial, Company News, News

Completing due diligence on prospective new commercial tenants is a critical step for landlords and property managers. This process involves thorough research and investigation into the tenant’s financial stability, business track record, and reputation.By conducting due diligence, property owners can mitigate risks and make informed decisions. It helps ensure that the tenant has the financial...Read More→

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