The investigation of investment property is proving more interesting in New Zealand.
Here are a few interesting facts on being a landlord in New Zealand.

1. Tenants direct deposit their rent into your account either every week or every two weeks. I think that’s great, you know when your tenants are not paying on time, don’t have to wait a month!
2. Average property management fee is 8% per month.
3. New Zealand has a “Tenant Board” (not the correct name) that acts as an administrator and oversees and landlord tenant problems. This means you never have to go to court to collect your fees. The property manager goes before this board.
4. Finally, these properties are great for cash flow!

There are plenty of tenants for investment properties in New Zealand. Some foreign investors rent out property as “holiday homes” for a season, others rent out the properties for the long term. So far, so good. This is a great country!

This entry was posted on Tuesday, January 30th, 2007 at 9:58 am and is filed under Investing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.