Tools and Services To Help Manage Your Property & Finances Post Purchase
Tools to help you keep up with the day to day management of your new property
Owning a property in New Zealand is an exciting journey, whether it's your cosy nest or a savvy investment. However, the real adventure begins post-purchase when managing your property effectively becomes key. Here’s a list of ten essential online tools designed to streamline your property management process.
Platforms like Property Tree and Inspected.co.nz offer robust solutions for handling tenancies and expenses. They’re incredibly handy for keeping everything from maintenance to communication with tenants in check, especially if you're juggling multiple units. Utilise a specialised and local property portfolio management tool like myfolio.com to keep on top of your finances. Myfolio is an innovative software which empowers property owners and investors to gain insights into their investment property portfolio. They'll assist you in tracking income and outgoings, as well as preparing for tax time - a must for any property owner. Using myfolio.com will help give you financial clarity for your property purchase. Say goodbye to the traditional rent collection methods. Services such as Cozy ensure rent is paid promptly and securely, making life easier for both you and your tenants. With tools like Maintenance Manager, tenants can easily report issues. This not only speeds up the repair process but also helps you maintain a well-kept property. Keep all your important documents safe and accessible with cloud storage options like Google Drive. Having all your leases and contracts in one place can be a lifesaver. Ensure you’re renting to trustworthy tenants with screening services that provide comprehensive background checks – an invaluable resource for peace of mind. Stay up-to-date with landlord obligations using resources from Tenancy Services to avoid any legal pitfalls and ensure a smooth tenancy relationship. Use EECA's tools to evaluate your property’s energy use, potentially saving costs and making your property more attractive to eco-conscious tenants. Understanding the current property market is crucial. Tools that provide real-time data help inform decisions on rental pricing or when it might be time to sell. Engage with other property owners through forums specific to New Zealand’s market conditions, allowing you to share insights and seek advice on property management nuances. Property Management companies have a database of Tenants that have been screened and previously worked with. This would be worthwhile exploring to mitigate potential screening if you are looking to rent the property.
Leveraging these online tools can transform the way you manage your property, ensuring efficiency, compliance, and satisfaction for both owners and tenants alike. Embrace these technologies to navigate the post-purchase waters smoothly, keeping your investment secure and thriving under the Kiwi skies.
