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03 379 5033

office@rubyhousing.co.nz  

 

What to do before you rent out your property?

Working/compliant smoke alarms are compulsory in all rental properties, and there are penalties of up to $7200 for landlords who don’t meet all regulatory requirements, or up to $4000 for tenants who interfere with smoke alarms, or otherwise take actions that may prevent egress in case of fire.
From 1st July 2019 all rental homes must have compliant ceiling and underfloor insulation. Where insulation is unable to be fitted due to lack of access, an exemption is available, however older existing insulation may need to be topped up or replaced to meet requirements.
The healthy homes standards became law on 1 July 2019. A signed compliance statement must be included and must comply within 90 days of any new or renewed tenancy after 1 July 2021.

Check out the links below for some helpful tips, and if you're not sure that your rentals have complied with the standards, give Ruby Housing a call today.

 

What is a rental appraisal? FREE rental appraisal at Ruby Housing

A rental appraisal by a Property Management agency is often required by your bank or mortgage broker, to ensure the rental income is sufficient to cover your lending and other costs. You may also want an appraisal when considering a new investment purchase, to see if income will cover your costs. Most investors will have a ROI formula (return on investment) when weighing up a property purchase.   

To carry out a full appraisal we take into account all the above factors, along with assessing the property against other similar homes we manage, and knowing what features tenants are currently looking for. The time of year, immigration numbers, and employment stats all affect current market rents. 

If you would like an updated rental appraisal on your property, please phone the Ruby Housing office on 03-3795033 or email office@rubyhousing.co.nz, and I’ll get back to you very soon! 

 

Why choose Ruby Housing?

Ruby Housing is a locally owned and operated, independent property management company based in Christchurch, New Zealand. Managing Director Kim Willems is a dedicated investor, and a past president of the Canterbury Property Investor's Association.

With over 16 years managing rentals in Christchurch, and a dedicated team for leasing, inspections, and maintenance, we can handle all your management requirements.

So whatever type of residential investing you prefer, contact Ruby Housing today.

 

Landlords: what will my property rent for?

The first question many landlords have is what will my property rent for?

If you’ve been managing your own investments for a while you may not have looked at whether your rents are keeping up with the market. Private landlords will often leave rents as is, for fear of upsetting stable tenants. 

However it is possible to maintain fair market rent and keep good tenants. Our 3 - step rent review process keeps your investment up to date with the market, while also keeping quality tenants in the property. 

Like to know more? Just complete your name, contact details, and property information here, and I’ll get back to you very shortly. 

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Help For You and Your Whānau

Rent Arrears / Wage Subsidy / Food Costs / Medical and Dental Costs

This has been a really difficult time for everyone during COVID-19. There are some options below to help with cost during this time.

 

The Latest Posts

Covid Status of Ruby Housing Tradies

On 1st November we sent a quick email to all the tradespeople we use, asking them to let us know of their vaccination status...

Huge apology for delivery-failed emails

Some tenants and owners are having issues sending emails to us. We've been working on it, and hopefully it will be sorted soon...

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