Why you should hire a Property Manager

If you’ve ever owned a rental property or are planning on investing in one, you know that it can be financially rewarding. At the same time, you may be aware that owning a rental property requires a lot of time, commitment and hard work. You may think it makes sense to manage your property yourself, but for some people this isn’t practical. Owning a rental property brings with it many unique challenges – above and beyond the responsibility of ownership. Here are some reasons why you should hire a Property Manager Knowledge and experience Property Managers deal with managing properties

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Auckland speculators flipping homes on same day of purchase

Auckland speculators flipping homes on same day of purchase Saturday Sep 10, 2016 – NZ Herald Data reveal instant resales as sharp investors ‘flip’ properties for quick riches. Auckland property speculators are on-selling homes on the same day of purchase for huge profits, sometimes without even setting foot inside. Incredibly, one Auckland house was sold three times in a single day with its value surging by nearly $80,000 in less than 24 hours. Other astute buyers have “flipped” their new purchases for instant profits worth tens of thousands of dollars, with one speculator pocketing $100,000 the same day they bought

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