Securing a strong yield in rental income is the strategy of many property investors. Strengthening this further doesn’t always have to rely on market conditions improving. Here are some tips: Replace Appliances – replacing the tired old oven or stove or adding a new dishwasher always adds to the appeal of a property. Adding security…Read More→
We have all seen and heard the stories of the renters from hell when a renter vacates, however not every tenancy ends on a bad note. Actually, MOST renters do their best to do the right thing during and at the end of their tenancy… however things can go wrong. In order to minimise the…Read More→
It is natural for property investors and property managers to be wary of allowing pets into a rental property based upon a prior experience or concerns over what could happen. Should we decide to allow a pet in the rental property, some firm guidelines should be placed at the start of the tenancy and written…Read More→
We are all aware that litigation is common in our society today, being influenced by the litigious attitudes. With newspaper, television and internet media commonly making us aware of litigation cases for the purposes of maximising readership and selling advertising space, the result of that exposure is that litigation has become more commonplace. Property management…Read More→
Have you ever answered a call from your Property Manager or Renter with “How much this time? What’s next?” You’re not alone! Imagine the renter’s side… “Another call to report another thing broken down!” That may not be the case for your property but this is how some renters feel. We encourage you to be…Read More→
A Fixed Term Tenancy Agreement is an agreement that has a set or fixed expiry date and cannot be extended past that date. There are no continuation or carry over provisions on such agreements. A Fixed Term Agreement occurs commonly when a property is on the market for sale or the owner intends to re-occupy…Read More→
Now is the time to check the extent of insurance cover that you have on your investment property. Does your policy include building, contents, strata (in the case of a unit), legal liability, loss of rent and malicious damage? It is wise to insure your investment in the event of a natural disaster, storm damage,…Read More→
Regardless of the type of hot water system you use, here is a number of common-sense ways to reduce the amount of hot water you use and pay for: • Install a low-flow shower head for a satisfying shower using the minimum amount of water. • Take shorter showers. Use a shower timer to encourage…Read More→
When it comes to property management, it is good to have the right understanding and expectation. Here are some common areas that can cause conflict and upset with property owners and investors: General ‘Wear and Tear’- Understand that every person who rents your property will live differently to you. ‘Wear and Tear’ is the allowance…Read More→
While you may be tempted to manage your Geelong investment property yourself, here are a few reasons why you should hire a property manager instead: (1) We find you thoroughly screened renters. We have access to databases and strict screening processes in place to help find renters who take care of your property and…Read More→