Property managers Connect Realty give tips for helping kids adjust to new home

5 Tips for Helping Kids Adjust To A New Home

Property managers Connect Realty give tips for helping kids adjust to new home

Papamoa is proving to be a very popular location for families, with people shifting there from all over the North Island to enjoy the warm climate, the beaches, and the lifestyle this area offers. Over the last 10 years especially there has been a huge increase in subdivisions, commercial development and of course population. This has resulted in new schools, new shops, new sports clubs and a whole new way of life for those families arriving in the district.

But relocating your family is not always a straight forward process.  The adjustment is often stressful for all those involved, especially children.  Children not only have to say goodbye to their old house, school and friends, but they also have to meet new teachers, make new friends and adjust to a new bedroom and a new house.

We deal with many families through our Papamoa Property Management service, many who are new to the Bay of Plenty region.  To help navigate the moving process with children we provide the following tips:

 

1.Talk To Your Children About The Move & Stay Positive

Make sure you are open with communication.  Listen to any fears or concerns your children may have and come up with solutions to ease any anxiety. Also make sure you speak positively about the transition.  If you act excited about the new adventure then hopefully your children will too.

 

  1. Make Your New House Feel Like Home

Children are creatures of comfort, so having some of your their favourite things around the house or in their room will help them feel comfortable in their new surroundings. This could be a poster on their wall, a favourite stuffed animal or a photo of their old friends.

 

  1. Be a Tourist In Your New Area

Once you arrive take your children to local attractions, like the Papamoa Plaza, Thursday Night Market, a walk along Papamoa beach. Show them what makes their new home so appealing.

 

  1. Help Build Your Children’s Social Network

We encourage families to get involved with local sports, clubs and activities.  This will not only help your children make new friends in the neighbourhood and at school, but will also introduce you to new families in your area.

 

  1. Be Patient And Understanding

Lastly, be patient with your children.  Be sure to give them time to adjust to their new home and their new friends. They may not adjust as quickly as you, often it can take a few months to settle in and feel at home with a new area, but it will eventually happen.

 

To learn more about Papamoa and other Bay of Plenty districts, such as Tauranga and Mount Maunganui, call us at Connect Realty.  We offer investment property and rental property advice for these areas  and property management services.

5 Rules for real estate investing in the bay of plenty blog by connect realty

5 Rules For Real Estate Investing In The Bay Of Plenty

5 Rules for real estate investing in the bay of plenty blog by connect realty

There are actually many rules for real estate investing, so many that we could probably write a Connect Realty property investing book!  However, these are some of the key rules that we think you should consider when you are about to purchase your first investment property.

 

1. Goal Setting

 

We recommend you set specific goals for your property investment, or investment portfolio. This isn’t your wish list, but rather clear and detailed goals that you want to achieve by purchasing property as an investment.  Be smart about these goals, and remember that property should be a long-term investment.  Things to consider include the number of properties you want to acquire, your annual return on your investment properties, type of properties you want to own etc.

 

2. Knowledge

 

Educate yourself.  The more knowledge you have about the location, the market, future council plans etc, the better informed you will be and the more likely you will succeed.

Our years of real estate expertise in the Bay of Plenty property market, including Tauranga, Mt Maunganui and Papamoa, means we can give you key advice about what areas are growth areas, where there is high demand for rentals, the types of rental returns you can expect etc.

 

3. Don’t Speculate

 

We recommend you consider your property as a long-term investment.  Even though Auckland is experiencing un-seen growth in house prices, you never know when a market will peak.  We think it is wiser to not chase after fast appreciation, but to invest in property where the numbers make sense from the beginning.

 

4.  Find A Good Mortgage Broker & A Great Accountant

 

We recommend shopping around when it comes to arranging a mortgage for your investment property. Mortgage rates are competitive in the current housing environment, so take advantage of this and meet with mortgage brokers to see what they can offer you.  You may be surprised how much this can save you in fees and charges.

 

We also believe a great accountant is key to peace of mind for first time property investors.  Outgoing and ingoing expenses should be managed by a qualified, reputable accountant.  This will become even more important as your portfolio expands. The costs associated with the accountant can be negligible when compared to the savings a professional can bring to the business.

 

5. Use Professional Property Managers

 

We may be a little biased about this, but ask any good real estate investor and they will tell you to never manage your own properties. Property management requires a solid understanding of New Zealand tenancy and landlord laws, good marketing skills, and strong people skills to deal with any tenancy issues.

 

At Connect Realty we provide a high quality property management service to all our clients in Tauranga, Mt Maunganui and Papamoa. We aim to obtain the maximum returns for your investment.  We also have the latest market leading software systems that deliver up to the minute reporting.

 

In fact we are so confident with our service that we offer a three month money back guarantee if client’s are not completely happy!

 

So if you are thinking of getting on the investment property ladder, call Chris for a confidential chat about your needs and goals. Whether you are based in Tauranga or outside the Bay of Plenty she can provide you with local real estate knowledge and the latest rental market insights, as well as discuss Connect Realty’s property management services.  Visit our website for more www.connectrealty.co.nz.

Capital Gain and Top Rental Returns in The Bay of Plenty

Since our last blog, two more articles have featured in the Bay of Plenty times regarding the current property market trends in the Western Bay of Plenty.  As discussed in previous blogs, the current rental shortage is pushing up rental prices in many areas of Tauranga resulting in fantastic returns for landlords, and the current shortage of housing is also resulting in a capital gains increase for the area.

In the article “Top returns on rental homes in city suburbs” they highlighted the great returns landlords are getting for properties in the Hairini, Welcome Bay and Greerton areas of Tauranga.  These areas are all popular with families and those needing easy access to main commuting routes.  In some of these areas rents have increased nearly 10% because of the rental shortage.

The Westpac Property Investor Report (September 2014) quoted in the article names Tauranga’s top 5 suburbs for gross yield returns as shown in this table:

Suburb Property type Median Weekly Rent Estimated Valuation (2014) Gross Yield
Hairini House (3 Beds) $350 $264,000 6.9%
Tauranga Apt/Flat (2 Beds) $272 $246,000 5.8%
Greerton House (3 Beds) $330 $310,000 5.5%
Mount Maunganui Apt/Flat (2 Beds) $331 $311,000 5.5%
Welcome Bay House (3 Beds) $350 $332,000 5.5%

The article also discussed the capital gains property owners are seeing for many of these areas.  The same Westpac report outlines these top 5 suburbs for capital gains returns:

Suburb Property type Median Weekly Rent Estimated Valuation (2014) Capital Gain
Bethlehem Apt/Flat (3 Beds) $315 $335,000 5.3%
Greerton Apt/Flat (2 Beds) $272 $300,000 4.6%
Otumoetai Apt/Flat (2 Beds) $275 $286,000 3.7%
Mount Maunganui House (3 Beds) $375 $455,000 3.6%
Mount Maunganui Apt/Flat (2 Beds) $331 $311,000 3.6%

The second article Value of Bay properties up in ‘cheaper’ areas focused on the latest QV data which also shows that the average value of properties in Tauranga and the Western Bay has increased in the past 12 months, with some increasing in value by more than 5 per cent.

This article showed Pukehina had the highest increase at 9.3 per cent, followed by Matua, 6.9 per cent, Te Puke, 6.8 per cent, Mount Maunganui, 5.7 per cent, and Greerton 4.3 per cent.

Overall Tauranga was one of the best performers in the latest QV data, with values up 0.8 per cent in the past three months and 5.1 per cent year on year.  As previously discussed, many people form Auckland are taking advantage of the cheaper property prices and better lifestyle in Tauranga and the Bay, driving up demand for all types of housing in these areas.

So now is a fantastic time to invest in a Tauranga rental property. With great returns and a capital gain combined with the services offered by Connect Realty Property Managers, you can enjoy a stress free investment.

If you wish to discuss any of the figures outlined in this blog, or the quoted articles, please call Chris in our office. She would be happy to talk about possible rental returns for your investment property, real estate trends in the Bay and more.

The Bay Of Plenty – A Great Place To Work And Live

Mount Maunganui and Ocean Beach

If you are visiting the Bay of Plenty Region this summer, and in particular Tauranga and Mount Maunganui, make sure you take the time to read the local paper and check out some of the amazing job opportunities in this Region. Besides having a similar salary base to Auckland, the Bay of Plenty has lots of job variety, including senior management positions and plenty of business opportunities.

Many people are surprised how easy it is to move away from Auckland and Hamilton, away from the traffic chaos and unaffordable house prices and rents. Not only is it more affordable, but the Region has much to offer its residents. A favourable climate which means you can grow nearly every fruit and vegetable available in New Zealand, larger sections for families, stunning beaches only a few minutes’ walk or drive away, shopping malls, a fantastic pool complex, a great arts and cultural scene and more.

So take the time to look, we can show you some of the fantastic houses we have available for rent, and if your are interested in buying an investment property we can give you plenty of local property management advice about best areas to buy and the types of rental return you can expect for you house.

We think you may decide to stay!

Contact Chris or Nicky today for more information – Connect Realty