Here are the current rent arrears for our Auckland property management team:

What counts as a ‘rent arrear’?

‘Rent arrears’ is the term property management companies use to talk about when a tenant doesn’t pay on time.

Property managers often measure rent arrears by looking at the % of their tenants who are overdue by 6 days or more. That’s the industry standard way.

That's because a tenant who’s a couple of days late isn’t a major issue. But once they’re two weeks behind, that’s when it really matters.

Jess Knight

Jess Knight

Business Development Manager with over 5 years of experience in Property Management in Auckland.

Jess Knight is the Business Development Manager at Opes Property Management in Auckland. She has over five years of industry experience and is also an experienced property investor.

Ok, now for the legal bit:

This article is for your general information. It’s not financial advice. See here for details about our Financial Advice Provider Disclosure. So Opes isn’t telling you what to do with your own money. 

We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.

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