Renting Your Property to Housing – What Investors Need to Know | Ep. 332

In this episode, we discuss what investors need to know about renting their properties to Housing New Zealand. There are both benefits and drawbacks to having Housing NZ as your tenant. 

Typically Housing NZ will look to rent properties that are brand new and high density in lower socio-economic areas. The benefit to the landlord is that the rent is guaranteed by the government agency for up to 10 years with opportunities for right of renewal. 

However, the rent reviews are poor, which means the rent you receive overtime will not increase at the same rate as the market.  that means if your costs increase from interest rates, you don't have the ability to pass that cost on to your tenant. 

Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.