Posts Tagged ‘Property Management’

Your Investment Property Audit

Does your investment property need a health check?

Can you be certain that the rent you are charging your tenant has kept up with market rates?

Are you 100% sure that your Tenancy Agreement and property are compliant with current legislation (which does change from time to time)?

Are you properly insured?

Have you regularly inspected the condition of your property to make sure the tenants are taking good care of it?

Are your rent … Read the full post »

Rental Market Wrap-up with Bec & Craig

Want to know what is happening in the market? Here is a quick snapshot.

Enjoy!

 

https://youtu.be/vhOCoPd_fTQ

 

 

Landlord Obligations – Part 3 – Additional Responsibilities

John Pye’s experience extends over 26 years (and counting!) in the real estate industry.

In this video, he shares with us about Landlord obligations when it comes to the additional responsibilities in residential rental properties. Check out Part 1 and Part 2 of the series for a full run down.

Follow us over on our <a href=”https://www.facebook.com/johnpyerealestate”>Facebook Page</a> to stay up to date with future interviews and other Facebook Live videos.

Enjoy!

[embed]https://youtu.be/nX7eFXD9sJw[/embed]

What do you do if you are a Landlord and are unhappy with your current Property Manager?

 

John Pye Real Estate picks up a large number of property managements where Landlords are stressed out over their current management situation. If this sounds like the situation you are finding yourself in, we can help!

In some situations, we hear about Landlords who have had to put up with unsatisfactory service over a very long time and simply don’t know how to … Read the full post »

Top Up Cleans

Vanessa Pereira shares about the benefits of “Top Up Cleans” when it comes to the condition of a residential rental property.

Follow us over on our Facebook Page to stay up to date with future interviews, other Facebook Live videos, plus information videos just like this one.

Enjoy!

The financial Plan B for Australians who won’t buy a home

You’d have to have been living on Mars for the past decade to not be aware that house prices, especially in Melbourne and Sydney, have risen sharply. The combination of extremely low interest rates, a growing population, and in some cases a lack of supply of new homes, has resulted in existing home owners becoming wealthy, at least on paper, and those outside the home ownership club … Read the full post »

Landlord Obligations – Part 1 – Condition of a Residential Rental Property

John Pye’s experience extends over 26 years (and counting!) in the real estate industry.

In this video he shares with us about Landlord obligations when it comes to the condition of a residential rental property.

Follow us over on our Facebook Page to stay up to date with future interviews and other Facebook Live videos.

Enjoy!

[embed]https://youtu.be/oJqpTjQbG2I[/embed]

Press Release from Leading Property Managers of Australia – 2017 Awards for Excellence

The winners have been announced for the LPMA 2017 Awards for Excellence. Local Property Management professional Bec Reid has won the Excellence in Corporate Support Award.

LPMA is an elite group of professionals made up of the very best property management practitioners and companies. They are at the forefront of Australian property management practice, and their Awards are highly sought after. By … Read the full post »

Success at Leading Property Managers of Australia Awards for Excellence

Last Thursday night, some of our team represented John Pye Real Estate at the Awards … Read the full post »

Are Great Property Investors Born or Made?

If you’re like me you were told from very young age that if you want to succeed at something – be it sport, school or a musical instrument – that you must put in time, hard work and importantly, practice. Most of us learnt our times tables by repeating them over and over – practicing multiplication was the most effective means of learning this skill. Well the same applies to … Read the full post »

Tax depreciation differences between new and old properties

Tax depreciation differences between new and old properties

A common mistake many investors make is thinking that their older property isn’t eligible for tax depreciation. However, there are many cases in which you can still make a claim. Take a look at the difference in tax depreciation between old and new properties, and discover how an older property could still help you claim … Read the full post »

Buying or Renting a Home with a Pool or Spa?

If you are renting or buying a property with a pool or spa, it is important that you check the pool fencing. This is particularly important if you have young children, or will be having young children over to visit.

Pool fencing plays a vital role in childhood drowning prevention. A fully functional fence with a self-closing self-latching gate, along with vigilant adult supervision is the best way to prevent childhood … Read the full post »

The right amount of cover

It is vital that landlords understand the level of cover offered to them by insurances such as landlord and strata as well as standard building and contents policies.

When it comes to building, strata and landlord insurance, how do you find your way through the maze?
Standard Building & Contents Insurance
Standard building and contents insurance is primarily designed for owner occupiers and is the type of policy that most people have to … Read the full post »

Tips to secure yourself a rental property

Here are some helpful tips to consider when applying for a rental property:

1. Turn up to the inspection on time so that you won’t have to rush though the property.

2. Treat the property with respect when visiting. Do not slam doors or push anything open with your feet.

3. Submit a neat application. Quite often we receive application forms that are messy, torn, crumpled or have pages / sections missing and … Read the full post »

Landlords should take care not to get caught out by the taxman

The end of another financial year is almost upon us and that means its tax time again! We all know that this time of year means we need to go through the process of working out our taxable income and calculating our tax bill. Here are some handy end-of-financial-year tips on maximising your tax benefits, and tax traps to avoid if you own an investment property. We recommend you keep … Read the full post »

Accidental Damage vs. Wear & Tear – Updated

Some landlords have unrealistic expectations that their property will remain in exactly the same condition at the end of the lease as when tenants first move in.

The reality is though, that wear and tear on a rental property will occur over time. Landlords should expect a level of wear and tear on their rental property while it is being tenanted.

It is important to understand the difference between accidental damage and … Read the full post »

Changes to the way landlords charge for water usage

The Residential Tenancies Act 2010 (the Act) has altered the way in which landlords can recover water usage charges from tenants.

There are two aspects to this:
1. issues relating to the premises;
2. and the provision of bills to the tenant and how payment is enforced.
Which premises are covered?
Section 39 of the Act provides that a tenant must pay the water usage charges for the residential premises, but only if:

the premises are separately … Read the full post »

What constitutes an ‘Urgent’ Repair?

Most tenancy agreements state that the owner of the rental property is obliged to conduct ‘urgent repairs’ as they arise. What constitutes an ‘urgent’ repair and what happens when landlords try to ‘save money’ by refusing to carry it out?

Throughout Australia, landlords as well as tenants are subject to residential tenancy legislation. For example, in NSW landlords have to keep the property in good condition, they are obligated to lodge … Read the full post »

Big Changes

The new Residential Tenancies Act 2010 came into force from 31st January 2011. There are number of changes that affect both landlords and tenants:
Tenants Get More Time to Move Out
If a tenant is no longer under a fixed term agreement and the landlord wants the tenant to move out ‘without grounds’, the notice period increases from 60 to 90 days. If notice is given by a landlord just before the … Read the full post »