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It’s one of the worst nightmares for landlords — a tenant who hasn’t paid rent for weeks and won’t vacate the property. Unfortunately a good tenant can quickly turn into a bad tenant. This can happen due to personal troubles, health issues, drugs, they lose their job or get divorced. But the problem is, as a…
As a property investor, one of the toughest decisions you’ll face is choosing the right professionals to manage your property. Their role is an important one. They’ll be in charge of advertising, conducting inspections, vetting potential tenants and organising maintenance – not to mention ensuring rent is paid in full and on time – so…
Today we look at the most common tenant complaints and how to overcome them. It’s no secret..apartment living can sometimes be an exercise in diplomacy. Keeping everyone happy in a multi-unit dwelling is no easy task. However, when problems arise and relationships sour all hope is not lost. You wouldn’t think having a vegetarian…
If you’ve been considering renting out a house you own, or buying a house to rent out, you have things to think about. While owning a rental can be a good way to make some extra money, there are concerns that should be taken very seriously. You need to take a good look at the…
For any landlord with an investment property, your property manager should be your greatest asset. While it’s always possible to manage your own property, it can be so much smoother to have a professional do it for you. They can help you find the best tenants, manage (and chase) rent collection, keep up-to date on…
Like everything that has a financial impact on you – your home and/or investment loans, your personal insurances, your phone contract etc – property management is no different. Rental property markets across the country are constantly changing based on local market forces. In Sydney, after some spectacular rises, the market is tighter than it has…
Want to know what’s happening in the rental markets around Australia? Well, like always, the results vary considerably from state to state according to property leasing data released by Rent.com.au for the January to March quarter (Q1 2019). Read on to see the shift in Australian median rental property prices (both metro and regional), rental…
“I can just collect the rent myself and save a ton of money.” It’s the catch-cry of many investors who are hoping to maximise their property’s overall profit – but there’s one thing I’ve learnt about property manager’s in my time in real estate. They do a lot more than collect rent They do that…
Not too many surprises in the Treasurer’s 2019 Federal Budget. Tax cuts for households were effectively doubled from around $150 billion to about $300 billion, in rounded numbers. Quite a substantial saving of tax for households was mooted to be released in stages, and more Aussies eventually set to be paying tax at 30 per…
As more and more of us move towards medium or high density living, it’s important to be aware of the issues that go along with living in an apartment or unit complex. When people live in such close quarters with others, there’s bound to be the odd disagreement, and the body corporate (also known as…
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