Rentagain index > Rent Reviews
Market rents
Local markets dictate rents
► Fair market rents attract good renters
► Lower rents destroy rental businesses
► Higher rents attract only problem causing,
expensive, renters who may destroy renting
businesses.► Good renters pay higher rents for better, more
expensive and attractive properties.Insure your rents, with averaged capital growth, will meet
your actual renting costs including a reasonable
competitive interest return on the value of the property.
Places to find local market rents:-
● Tenancy services*
● TradeMe
● Facebook's rental property groups
● NZ Property Investors Federation
● Local property managers' websites
● Local newspapers or notice boards
● Other local tenants and providers.
* Tenancy Service's guides can be unreliable and outdated.