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Top Rotorua Suburbs for Rental Properties

Are you ready to capitalise on Rotorua’s booming rental market? In this blog, you will discover the most sought-after suburbs, and why they’re attracting tenants. By investing in the right locations, and understanding tenant priorities, you can build a thriving rental portfolio in Rotorua. Key Factors for TenantsSuccessful rental investments start with understanding what tenants value most. Here are the top considerations:Proximity to Employment: Tenants prioritise easy access...

Reasons to Invest in Rotorua Property

Rotorua is known for its stunning geothermal landscapes, natural bush, and rich Māori culture. The city is one of the top travel destinations in the country. It has also emerged as a prime spot for property investment, offering a blend of economic growth, affordable prices, and a stable rental market. Whether you’re an experienced investor or new to building a rental portfolio, Rotorua offers an attractive opportunity. Below are ten compelling reasons why Rotorua might be the perfect place to...

The Most Common Reasons Tenants Leave

Tenant turnover is a significant challenge for property owners and managers. High turnover can result in increased expenses, extended vacancy periods, and the continual challenge of finding new tenants. By understanding why tenants often choose to leave, property managers can develop strategies to improve tenant retention. In this article, we explore some of the primary factors driving tenant turnover:Rent IncreasesOne of the most common reasons tenants move out is due to rent increases. When re...

Profitable Rental Investment Strategies

Maximising profitability is crucial in property management. It’s not a goal; it’s a necessity. You may be an experienced landlord or a newcomer to the rental market. Boosting your profits can make all the difference in your investment’s success. This article will explore key strategies for increasing rental income. We cover how to calculate your rental yield, and set competitive rental prices. You will also learn how to reduce vacancies, cut expenses, and diversify your portfolio.Rental Yi...

Steps for Preparing Your Property for Rent

Are you considering renting out your property in Rotorua? By partnering with Rotorua Rentals, we can ensure a smooth and successful rental experience. From finding reliable tenants and managing day-to-day operations, we offer valuable expertise and support. In this article, we discuss the important steps to get your property ready for renting. Property Evaluation Begin by engaging us in providing a comprehensive rental evaluation of your property. We will assess the condition, amenitie...

Property Investment Tips

Property investment can be incredibly rewarding, both financially and personally. We have seen many landlords who strive to experience these rewards, but struggle with their first investments. Whether it was a question of finding a property that they can afford, or one that would give a reasonable rental yield, first time property investors are often challenged by that first step into the market. Here are some solutions to the challenges that often face property investors.Consider Who Will Pay T...

Healthy Homes Compliance Deadlines

The New Zealand Government’s ‘Healthy Homes’ standards became law on July 1st, 2019. The standards are designed to improve the quality of rental properties around the country.  It can often be difficult keeping track of new legislation and compliance deadlines, so we’ve provided some useful information below.Healthy Homes StandardsThe standards set the minimum requirements for rental properties, ensuring every New Zealand tenant has access to a warm, dry, inhabitable home. The stand...