
Get Your Property ‘Rent Ready’ with Ray White Papamoa
A Business-Like Approach to Your Investment
To achieve the best possible return on your investment property in the Papamoa real estate market, it’s crucial to approach the process with a business mindset. The first and most important step is to ensure your property is ‘rent ready’ before a tenant is placed. Being ‘rent ready’ means your property is clean, tidy, up-to-date, and fully compliant with all current regulations. This not only helps to attract higher-quality tenants but also reduces vacancy periods and secures stronger rental figures. We’ll guide you through the process, whether you’re a seasoned landlord or just starting out with a new rental in Papamoa, Mount Maunganui, or Te Puke.
Our expertise in the local Papamoa property market allows us to help you prepare your investment for success. When you partner with us, we work to set clear expectations for both you and your future tenants, ensuring a smoother, more profitable, and stress-free experience for everyone.
Is Your Property ‘Rent Ready’?
We ask our landlords to consider these key questions to help prepare their property for professional management:
- Is it “Reasonably Clean”? The Residential Tenancies Act 1986 requires a property to be provided and left “reasonably clean.” However, this can be a subjective term. To avoid any misunderstandings and set a high standard from the beginning, we recommend that all properties are professionally cleaned before a new tenancy begins. This sets a clear expectation for the tenant when they move in and helps to secure a better long-term outcome.
- Does It Meet Market Expectations? Think about how your property compares to other rentals currently available. Do its features and benefits align with your price expectations and with what tenants are looking for in your area? We can help you assess this to ensure your investment stands out from the competition.
- Are All Chattels in Good Working Order? A ‘chattel’ is a movable item that’s included with the property for the tenant to use, such as an oven, dishwasher, or even curtains. A common surprise for landlords is the amount of maintenance required at the start of a tenancy. Any chattel provided must be in good working order. Ensuring things like light bulbs, garage doors, taps, and alarms are all in perfect condition before the tenancy begins can save you time, money, and hassle down the track.
- Are the Grounds and Gardens Tidy? While tenants are responsible for general lawn and garden maintenance, ensuring these areas are neat and tidy during the initial viewing process helps to attract the best possible tenants. It sets a clear standard for ongoing maintenance and shows that you take pride in your investment.
By considering these questions, you’re not just preparing a property; you’re setting up a successful business venture. If you’d like to learn more about our full property management process, we’d be happy to talk you through it.