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Adding an extra room or ancillary dwelling to your rental is one of the best ways to increase rental income—especially if you’re going from three bedrooms to four. After all, more rooms means more tenants, and therefore a higher rent return.

Keeping a rental property looking modern and attractive to tenants is a chore, and often an expensive one. However, with a bit of clever planning, you can introduce smart renovations that build aesthetic appeal, add functionality and best of all, are completely reversible so there’s no lasting impact on your investment.

If you are thinking about renovating your rental property, answer these six questions before you head off to the hardware store or get out the step ladder.

There’s no doubt that do-it-yourself landlording is popular. There are 130,000 landlords in New Zealand and, according to BRANZ, nearly two-thirds manage their own properties.

Increasing the rent of a rental property is fairly standard practice. However, it’s not always a question of whether you can up the rent, but whether you should. Here are five questions to help you sense-check your next rent raise:

The recent passing of the Healthy Homes Bill has put the idea of a warrant of fitness (WOF) for rental housing back on the minds of tenants and landlords alike. While it is unclear whether or not compulsory rental WOFs will come into effect anytime soon, there’s no denying that they have the potential to shake up the rental market—perhaps for the better.