Landlords
About us
Welcome to Xclusive Property Management
Accredited property managers with over 13+ years of industry experience
We believe that Landlords need qualified and specialised professionals working for them on their investment therefore REINZ Accredited NZQA Qualified Property Managers are our minimum standard.
It is our duty to eliminate worry and mitigate risk so that each investor enjoys a profitable property ownership experience. With Xclusive Property Management, you can rest assured that your property is in capable hands. We take pride in our proactive approach to property management, ensuring that your investment is well-maintained and your rental income is maximised. Our team is dedicated to providing exceptional service and delivering outstanding results for our landlords. Let us handle the complexities of property management, so you can focus on the rewards of your investment.
Contact us today to learn more about how we can enhance your property management experience.
What an Experienced Property Manager Does For You
We maintain positive tenant relationships while enforcing important lease agreements. We are experts at spotting issues before they escalate, saving you time & money.
We navigate complex legal matters & ensure that you are in compliance with all relevant laws and regulations, such as property requirements and maintenance requests.
We have a deep understanding of the local market and can help you set appropriate rental rates that attract high-quality tenants.
We have years of experience & understand the local market to help set appropriate rent, & attract quality tenants who have passed credit and reference checks.
FAQs
Why use a Qualified Property Manager?
- Managing a rental property can be a full-time job, but without the expertise of a professional experienced property manager, it can quickly turn into a nightmare.
- A well-trained property manager understands the importance of maintaining positive relationships with tenants and enforcing lease agreements, all while staying up-to-date on the latest laws and regulations.
- By managing your rental property yourself, you risk making costly mistakes that could have been avoided with the guidance of an experienced property manager.
- Professionally trained property managers have a keen eye for detail and can identify potential issues before they become major problems, saving you time, money, and headaches in the long run. They can help you navigate complex legal issues and ensure that you are in compliance with all relevant laws and regulations
- Investing in a high-quality property manager can be a wise decision, as they can help you maximize your profits and minimize your risks. High-quality property managers know that the key to successful property management is staying organized, proactive, and informed.
- Managing a rental property is not a passive investment; it requires ongoing attention, care, and expertise. Engaging a professional property manager is the best way to ensure that your investment is successful and profitable.
- A great property manager has a deep understanding of the local market and can help you set appropriate rental rates and attract high-quality tenants.
- In the world of property management, experience, and expertise matter. By using a professional property manager, you can leverage their knowledge and skills to ensure that your rental property is a success.
Finding, Securing and Managing Tenants
This is the deciding factor on whether or not you have a problem-free rental. Reference and credit checking is imperative to selecting the right tenant who will care for your property. Never accept a tenant application to rent your property until you’ve done all your checks and fulfilled all legal requirements.
Be prepared in some instances to deal with disputes make sure you are continually up to date with the Residential Tenancies Acts as knowledge of rights of landlords and tenants is imperative.
Look after your tenants. Good tenants are gold and ensuring your obligations as a landlord are met to provide and maintain the premises in a reasonable condition, as well as allowing the tenant the quiet enjoyment of the premises will contribute to a problem free tenancy.
What are your expectations as a Landlord?
Many new landlords/investors have an expectation that collecting rent is the only requirement for their rental. It is not taken into account the responsibility for repairs, maintenance, and yes, sometimes additional cleaning at the end of tenancies.
Fair wear and tear
New or old, a rental is a home to the tenant and it is to be expected that there will be fair wear and tear that occurs. It is unrealistic to expect the premises to always remain in a pristine condition and after a period of time it is reasonable to expect touch ups and possible replacement of worn items. Of course this dependent on the type of tenant occupying the property as some are harder on the premises as others.
Maintenance
It is an unlawful offence to ignore any maintenance requests or an order for work to be done and penalties are applicable and classified as an intentional breach by the landlord. The Residential Tenancies Act has been amended to make “breach without reasonable excuse” an unlawful act.
Rental Rates
Get the right from the outset
Overpricing your property can lead to increased vacancy time, either by sitting unrented while advertising above what the rest of the market is asking, or by the loss of your tenants as they move on to another more reasonably priced rental. Advertising needs to be on point from the outset as the first 1-2 weeks of listing generates the most amount of interest. Price too high and you’ve lost all these opportunities to secure new tenants. Reducing your pricing at a later date is less impactful as the advert now becomes stale. Spend the time to assess the market prior to setting your rental rates to maximise your opportunity to find tenants. The market is ever changing and so is rental pricing in various cities and townships. Adopt the “get it right first time” approach!
Assess current market rates
Actual facts of bonds lodged and how much rents are achieving in your area can be obtained directly from the Tenancy Services Website. www.tenancy.govt.nz. This information combined with what is currently listed and at what rental pricing will ensure that you are well aware of market rents in your area at any given time. These market rates are actuals over the past 6 months and will give a good indication of where you are placed for an asking price.
Review your rental rates
Always ensure throughout an existing tenancy that rents are in line with current market rates. Rather than have good tenants leave for a similar property with lower rent, reduce to keep in line and keep tenants in your rentals. Less rent is the obvious choice rather than vacancy time and no rent while looking for new tenants.
Budget Correctly
Have a buffer fund at all times to cater for:
- Vacancy time in between tenants
- Maintenance on the property
- Emergency situations e.g. tenant losing their job or suffering other hardship
Landlords Insurance
Landlords should insure their rental property against any damage, either accidental or otherwise. The Residential Tenancies Act 1986 requires you to pay the premiums charged for that insurance. Check exactly what your policy covers and ensure you are covered for tenant damages and possible rent arrears. Talk to your insurance company about their requirements for making claims as some insurers need landlords to prove they’ve completed a thorough tenancy selection process before honouring damage claims.
Free Rent Appraisal
Fill out this form for a free Rent Appraisal.