When they are in the news, much of the press about Gen Y tends to be less than flattering. Not only do they job hop, show little loyalty to their employers and have three second attention spans, they also want to have everything now. While Gen Y might be criticised for their short-termism – take…
Category: Property Management
So, your property manager is overseeing your portfolio – answering your tenants’ queries, collecting rent and of course, carrying out those all-important routine inspections to make sure everything is ship shape. But what exactly goes on behind the clipboard? When your property manager visits your properties for inspection, they are of course checking your tenants…
With the New Year approaching, our minds are buzzing with resolutions to make 2018 a great year. As a landlord, there are a few goals you can set yourself to boost the chances of having a seamless and profitable year ahead. Take care of outstanding maintenance before the financial year’s end Plenty of properties have…
As Australia enters the disaster season, landlords and Property Managers should make sure they are ready should Mother Nature unleash her wrath. The image of an Aussie summer might be beaches and barbies, sunsets and seagulls stealing chips, but the reality is that as the weather warms up, so does the chance of natural disasters…
Unlike purchasing a property for you and your family to live in, investment purchases need a different thought process and should be approached with your head and not your heart. Some of the features that you may value in your own home, may not necessarily appeal to potential tenants. You need to think like a…
Spring is upon us, and while the warmer weather and brighter days bring a smile to everyone’s faces, as a landlord, it’s time to get busy on your investment property. A little spring maintenance done now can make all the difference to both your hip-pocket and your tenant in the hot months to come! Inside…
Self-Managed Super Funds (known as SMSFs) are increasingly popular among Australians, with statistics identifying that four new SMSFs are created every hour. The key benefit of a SMSF is that investors have total control over their finances, making all investment decisions for their fund. Using an SMSF to buy property is an attractive option, but…
While property managers make it clear to tenants that they must clean their leased property to a high standard before they vacate, condition reports do allow for inevitable wear and tear on a rental property after long leases and multiple tenants. A property can appear to be scrupulously clean at first glance, but the natural…
Some landlords question us when we tell them that we are required by law to make an allowance for fair wear and tear in their property. Unlike what you may think, this is by no means an excuse to let tenants get away with damaging your property. The fact is, the older a property becomes…
One of the more common questions we are asked by property investors, especially first time investors, is, “How do you select a tenant for my property?” Some express concern that we may choose someone unsuitable or that they may not have any say in it whatsoever. Rest assured we don’t just put anyone in your…