Articles posted in category: Rental

Real Estate Agents Act 2008 – Property Management
Published on: 2009-11-05

Real Estate Agents Act 2008 – Property Management

The 2008 Real Estate Agents’ Act comes into force on November 17. The act specifically excludes Property Management, so many of the safeguards that you enjoyed in the past will no longer be compulsory. However, in the interests of retaining these protections Lodge City Rentals Ltd will continue with them within our business, which includes having an audited trust account. We believe that clients deserve to be reassured that their rent is protected. If this was a standard adopted by the financial… Read more

Big Really Is Better
Published on: 2009-11-05

Big Really Is Better

In August, Lodge City Rentals purchased Hamilton Property Rentals and immediately set about integrating the two businesses. The strength of the new, bigger, company has been evident since day one, as our critical mass brings with it stronger interest in the properties we tenant. The larger entity also allows us more resources. This is particularly so when it comes to research, information technology (IT), and staff training – which, for you, translates in to better care for your property. Our resources… Read more

Property Management 1/4ly Report
Published on: 2009-11-05

Property Management 1/4ly Report

The past quarter has proven to be the most optimistic for more than 15 months. Economies around the globe, including ours, have a common theme: Talk of ‘green shoots’ and a ‘u-shaped recovery’ is now fairly widespread, and it seems many economic and financial commentators are accepting proof that some countries are emerging from recession faster than expected. This has encouraged investment in markets across the board. Despite these encouraging signs, it appears the recovery is set to be… Read more

Excitement Surrounds New Website
Published on: 2009-10-17

Excitement Surrounds New Website

Lodge City Rental’s stand-alone website was launched on 17 October. By separating the rental site from the main Lodge site we are able to improve our ‘find-ability’ on key search engines. The new site also features specialty web tools for property management. Because much of our population (including tenants) is now web-savvy, there are high expectations among users of the functions that should be available on any credible website. In the rental market this includes:  An ability to share… Read more

CASE STUDY - Turnaround
Published on: 2009-10-05

CASE STUDY - Turnaround

Background In March 2008 Lodge City Rentals met with an owner who had 32 units in Hamilton but was experiencing problems with the investment. A small private property management firm was engaged to manage the property. However, the monthly statements were inaccurate, bonds were not collected – or if they were they had not been lodged, there were inappropriate tenants and rents were much lower than expected. In addition tenant ledgers were in disarray with complete confusion as to who was in what… Read more

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