Property Management Blog

Wednesday, October 24, 2018

Property Management Specialists FEES

Property Management Specialists -  Capped Fees

Tuesday, October 23, 2018

Tenancy Agreements

Tenancy Agreements What do you explain to the tenant/s before they move into the property?We go through all of the most important expectations. For example, how they must pay their rent on time, where to pay their rent, what we do if they do not pay their rent. We discuss our repairs and maintenance policy, what happens in an emergency re...

Monday, October 15, 2018

Taking a Rental Bond for an Investment Property

Taking a Bond How much bond do you take from the tenant?The Residential Tenancies Act permits a bond of up to four weeks rent. A bond equivalent to 3 weeks rent is our standard bond, however, in some circumstances, we do request a bond equivalent to 4 weeks rent. When do you pay back the bond monies?We only refund the bond after the follo...

Monday, October 15, 2018

Inspecting Investment Properties

Do you inspect the property at the beginning of a tenancy? We conduct a comprehensive inspection of your property when a tenant first moves in. We inspect your property area by area (lounge room, bedrooms, kitchen, front and rear yards, garage etc. We record their condition and cleanliness item by item, and then a brief description and de...

Monday, September 3, 2018

Rental Property Presentation

How should the property be presented?We ask that the property is presented in the best manner possible to attract the right tenant for your property. We don’t want a bad first impression to detract the right tenant from renting your property. We have a guide called ‘Getting the Property Ready for Your Tenant’ with t...

Thursday, August 23, 2018

Receiving My Rent Monies

When do I get paid my rent? Property Management Specialists disburse rent to landlords on a fortnightly basis, however, we can disburse your rent to the nominated account of your choice monthly if it's preferred. How do you collect the rent? We organize for your tenants to set up an AP (Automatic Payment) which goes into our Trust Acc...

Monday, July 23, 2018

Pets at My Property (If Permitted)

If I allow pets on my property, what expectations will be given to the tenant? If permission is granted to keep a pet on the property we ensure the following criteria and obligations are met: No additional pet may occupy the property without prior permission. An additional bond equivalent to one week's rent is collected. The pet must ...

Monday, July 23, 2018

The Marketing of My Property

What do you do to advertise my property? Once we have a signed Management Agreement authorizing us to act on your behalf, we list your property in the following forms of advertising: Newspaper- Using the Lakes Weekly Bulletin we place the details of your property into our (Corporate Advert/Classifieds). This is charged to you, at the cost...

Friday, July 6, 2018

Tenants using their rental property for temporary rental accommodation, such as Airbnb

Landlords may not be able to prevent tenants from using their rental property for temporary rental accommodation, such as Airbnb unless they specify this in their tenancy agreements.This should be in addition to clauses that prohibit subletting, assigning, or the maximum number of occupants in the rental.A recent Tenancy Tribunal decision...

Friday, July 6, 2018

Difference between a Tenant and a Flatmate

It’s important to know the difference between tenants and flatmates and how the Residential Tenancies Act may or may not apply to your situation.‘Flatting’ is a term commonly used to describe a living arrangement where people share rented accommodation, regardless of whether they are a tenant or a flatmate.But if you&rsq...

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