Your availability over holidays
Planning to go away to see your family? A little holiday? As a landlord, you need to make sure that your tenants have someone to contact if anything goes wrong. You don’t want to come back from your break to a whole bunch of maintenance tasks. If you know you won’t be available, it’s a good idea to nominate someone else, a friend, a neighbour who can manage your property in your absence. Make sure you share their contact details with your tenants and communicate of this change with them.
Planning on going overseas for longer than 21 days? To make sure you’re compliant with the Residential Tenancies Act, you need to change the landlord’s details with Tenancy Services. To learn more read here
Time for needed repairs and maintenance
Have you been postponing necessary repairs? It’s always a good idea to address small damages before they become a big problem. The Christmas break could be an excellent time to catch up on all the needed work.
Reviewing your property investment performance
End of the year is an excellent time to reflect on your property manager’s performance, their responsiveness and fees; or to reflect whether being DYI landlord and cost savings were worth extra time and effort. Maybe your circumstances have changed and you want some more free time, or just get another agent? The start of the year is a great time make some inquiries and to shop around.
Whether your tenants celebrate Christmas or not, it’s always a good idea to send a simple card. It helps to maintain a good relationship between you and tenants. It takes little effort but your tenants are likely to notice and appreciate your nice gesture.
Though you can never really get too comfortable being a landlord. We hope you find some time to relax and have a merry little Christmas.
The information contained in this article is exclusively for promotional purposes. It does not in any way constitute legal advice and should not be relied upon as the basis for any legal action or contractual dealings. The information is not, and does not attempt to be, a comprehensive account of the relevant law in New Zealand. If you require legal advice you should seek independent legal counsel. myRent.co.nz does not accept any liability that may arise from the use of this information.