Managing a rental property takes more than time. It requires experience, systems, and a clear understanding of tenancy law. If you’ve managed a property yourself before, you’ll know how quickly small issues can become time-consuming. If you’re new to it, there’s a lot to get right from the start.With our property management services, you don’t have to do it alone. Our team brings the knowledge and structure needed to handle the day-to-day details properly. Here’s how we support you.
Property management is our business. Our Property Managers have many years of experience in proactively managing property to minimise any potential problems and maximise investment. We know the Residential Tenancy Act and use that understanding to offer advice and recommendations, ensuring firm but fair property management for rental properties.
The property management industry in New Zealand is guided by The Residential Tenancies Act, which places huge responsibility on the landlord or Property Manager to comply with these regulations. If the rules are not followed, the penalties are harsh and can be very costly. Landlords who manage their own property, as well as Property Managers who manage property on behalf of their owners, must have a complete and thorough understanding of the relevant legislation and how it applies to every situation.
We try to mitigate loss by doing things by the book – for example, lodging bond within 23 days; having airtight tenancy agreements; recording rent payments accurately; issuing the correct notices when and where they are required; and ensuring all houses comply with health and safety requirements.
The rents we receive are paid into our Trust Account, which does not accrue interest, and remain there until they are paid out to the property owners.
We know the market, and we look for the right tenant to fit with each property we manage, not just the “right now” fit. From two-bedroom units to large lifestyle properties and everything in between, we know the best methods for marketing any property and can advise on expected rents.
Our team uses tried-and-tested systems and procedures, from marketing your property through to exit inspections and bond releases. We have one of the best software systems and up-to-date smart technology on offer, which allows us to deliver tailored property management for landlords. We closely monitor rents daily so procedures can be implemented effectively before any issues escalate.
With Tremains, you get experienced residential property managers who understand the local market and how to take care of your investment with confidence. We handle the day-to-day responsibilities, reduce the pressure on you, and keep everything running smoothly.
Contact your nearest Tremains office to get started, or speak with our team about your investment property today.