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A property investor with five rental apartments in Auckland, who did not want to be named, said he too preferred "flexible arrangements" with his tenants.
His tenants are mainly international students or temporary migrants on work visas who enter flexible agreements which did not require them to pay any bonds.
"I treat them like short-term tenants because while it make sense to have them in the winter months, I will make more money from my properties if I used them as Airbnb in the summer," the landlord said.
"My tenants are happy because they have more money in the pocket, and I am happy because I have the flexibility to ask them to go with just a week's notice if I need my apartments."
Keith Ng said tenants and landlords who entered "grey market arrangements" would not be reflected in the tenancy data.
Seems this Landlord thinks his apartments are not covered under the RTA. A weeks notice to leave.
Who thinks this is allowed?
His tenants are mainly international students or temporary migrants on work visas who enter flexible agreements which did not require them to pay any bonds.
"I treat them like short-term tenants because while it make sense to have them in the winter months, I will make more money from my properties if I used them as Airbnb in the summer," the landlord said.
"My tenants are happy because they have more money in the pocket, and I am happy because I have the flexibility to ask them to go with just a week's notice if I need my apartments."
Keith Ng said tenants and landlords who entered "grey market arrangements" would not be reflected in the tenancy data.
Seems this Landlord thinks his apartments are not covered under the RTA. A weeks notice to leave.
Who thinks this is allowed?
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