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Landlord Guide
Being a landlord involves more than finding a tenant and collecting rent. From preparing the property and setting the rental price to arranging maintenance and keeping up with tenancy matters, there are plenty of things to stay on top of throughout the life of an investment property.
At Ray White New Plymouth, we support landlords with the day-to-day management of their rental properties and help keep the tenancy running smoothly. Our Landlord Guide brings together useful information to help property owners understand the main areas involved in renting and managing an investment property.
For New Plymouth Landlords
The guide can be useful for new landlords, experienced property investors and anyone preparing a property for its next tenancy.
A well-managed rental starts before the first tenant moves in. Preparing the property properly, understanding its rental potential and having good systems for inspections, maintenance and communication can make ongoing property management much easier.
The guide also covers areas landlords should be familiar with when managing a rental property, including Healthy Homes, property expenses, tenant selection and ongoing tenancy management.
What’s Covered in the Guide?
Inside the Landlord Guide, you’ll find information on:
- Getting a rental property ready for tenants
- Setting and reviewing the rental price
- Finding and selecting tenants
- Managing tenancy applications and documentation
- Initial and routine property inspections
- Handling repairs and maintenance
- Keeping useful property and tenancy records
- Healthy Homes considerations
- Financial matters associated with rental property ownership
- The benefits of using a professional property manager
The guide also looks at rental property expenses and the difference between repairs, maintenance and improvements. Where the financial treatment of an expense is unclear, landlords should speak with their accountant.
Making Rental Property Management Easier
Managing a rental property takes time and regular attention. Rent, maintenance, inspections, tenant communication and property records all need to be kept on track.
With Ray White New Plymouth, landlords can have an experienced property management team handling the everyday details of their tenancy while keeping them updated about their property.
Get Your Free Landlord Guide
Complete the form below and we’ll send the Landlord Guide straight to your inbox.
It’s a useful starting point for New Plymouth landlords who want to learn more about rental property ownership and professional property management.
If you’re preparing to rent out a property or thinking about changing property managers, get in touch with Ray White New Plymouth. We’d be happy to talk through your property and your management options.