Good tenants look after your property, let you know when things need fixing and pay their rent in full and on time.  Poor tenants have little regard for your property, may cause damage and are often late with rent – or not pay at all.

Some people find dealing with tenants stressful, while others treat it as just part of the business.  If you prefer not to deal with tenants, you can engage a property management company to do so on your behalf, for a fee (for more information on this see our ‘What’s involved?’ section).

Ways of finding tenants include:

• Advertising in the ‘To Rent’ columns of your local newspaper (Wednesday and Saturday are the most popular days)
• Advertising on websites such as TradeMe or Search4homes (the New Zealand Herald property website), and real estate company websites
• Placing an ad on local notice boards, e.g. in the window of local shops (or the student union if you have student accommodation to let)
• Putting a ‘To rent’ sign outside the property itself.

This material is for information purposes only. You should seek professional advice related to your individual circumstances. While The National Bank has taken care to ensure that this information is from reliable sources, it cannot warrant its accuracy, completeness or suitability for your intended use. To the extent permitted by law, The National Bank does not accept any responsibility or liability arising from your use of this information. Our lending criteria, terms, conditions and fees apply.