Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag DIY landlords in New Zealand face risks due to missed inspections, poor screening, and lack of insurance, leading to rising rent loss claims.

flag A new survey by AMI finds many DIY landlords in New Zealand are missing key responsibilities, risking property and financial stability. flag About 15% of tenants report no regular inspections, and over half communicate directly with landlords, often friends or family, reducing accountability. flag With nearly half of rentals managed by non-professionals, many lack proper tenant screening, insurance, and maintenance checks. flag Loss-of-rent claims have risen 33% in five years, averaging more than eight times the weekly rent. flag Experts urge landlords to verify income and references, conduct documented inspections, secure specialist insurance, and prepare properties for extreme weather to prevent damage and financial loss.

3 Articles

Further Reading