Latest Posts

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5 tips to help renters secure the property of their dreams

Do you always miss out on renting the house of your dreams? A highly competitive market means that securing a rental property can be a difficult process. By simply being prepared, organised and serious about your application you can quickly and easily act on any rental properties that you are interested in. Just like a job interview, you need to put your best self forward and make an impression quickly. Follow these 5 tips and you’ll be well on your way to securing your dream rental ...

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Creative investors win in retail property

I recently spoke to the Australian Financial Review about my family's experience on being a commercial tenant and how landlords need to become more flexible to ensure their rents are maintained. Read the full article here > https://www.afr.com/personal-finance/creative-investors-win-in-retail-property-20181005-h169px  

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NSW Rental Reforms Announced: What’s about to change?

Introduced to the NSW Parliament on 20 September by Minister for Better Regulation Matt Kean, the Residential Tenancies Amendment (Review) Bill 2018 is set to give more powers to tenants in New South Wales. On their introduction to the NSW Parliament, Mr Kean said that the reforms were “common-sense changes” and that they “get the balance right”. I disagree. I think the reforms are disastrous for both tenants and landlords alike. The key changes Mr Kean high...

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Fixed term versus periodic tenancies - what is best practice?

Fixed Term Versus Periodic Tenancies and Why Does this Matter? What is your property manager’s procedure when a fixed term is coming to an end? Do they proactively seek a formal renewal of the tenancy agreement or do they just automatically roll over the fixed agreements and yet you don’t know about it? At all times there are strategies to ensure you are minimising rental income loss which includes prolonged vacancy, falling rental value and exp...

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Does the rise of Airbnb impact your rental returns?

As you would well know, Airbnb is an online platform used to rent a house, apartment or even just a room for short term periods. Whilst there are benefits and disadvantages of the system, one question I get asked a lot from landlords is about the impact that this sort of crowdsourcing accommodation has on the rental returns of their own investment property. The barrier to entry into this type of market is low. Hosting is free on the Airbnb platform and the only cost is a 3% service...

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7 ways to slash your property tax bill before the end of the financial year

Property investors should see tax time as an opportunity to make sure they are maximising their deductions. Property owners are able to claim a wide range of the expenses associated with owning a rental property to reduce taxable income and minimise their tax bill. Most investors would know about typical tax deductions, such as interest on loans, repairs and management fees, but there are lesser-known ways investors can reduce their taxabl...

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How to reduce vacancy with your Sydney investment property

We’ve had some great all round seasons in the Sydney rental market over the past few years, which has been such an opportunity for our investor clients. However, in 2018 things have turned. We are now witnessing for the first time in years what is a difficult rental market in terms of sourcing tenants and gaining optimal rent returns. Statistically, latest data on vacancy rates indicates a 1.1% rise in the Sydney metro...

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What are New Generation Boarding House Developments and Why the “Not in My Backyard" (NIMBY) Attitude from Neighbours?

Housing affordability especially in high price and population growth suburbs like Sydney’s Inner City and Inner West has become a serious and growing problem. This is turn has prompted our local, state and federal governments to bring changes to planning and development laws allowing private investors and non-for-profit housing organisations the opportunity for developing “modern micro apartments” or what is now known as new generation boardin...

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First Time Property Investing Mentor Luke Maroney Interviews John Gilmovich

A recent interview with Luke Maroney from First Time Property Investing discussing; What is a Property Manager Dealing with tenants One big happy family Min...

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Should you allow tenants to keep a pet on your investment property?

Should you allow tenants to keep a pet on your investment property? Everyone has a different opinion on this topic. But we know pet ownership is on the rise as tenants look for a companion animal to introduce to their households. Rent.com.au surveyed more than 1,300 Australian renters on the topic of ‘renting with pets’ and found, overwhelmingly, that 42% of renters found it ...

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Is Pest control a landlord or tenant responsibility?

Is Pest control a landlord or tenant responsibility? Just like garden maintenance this is one of the biggest areas of confusion and dispute between landlords and tenants. Why? Well mainly on two fronts: - 1.The legislation is not clear on responsibilities (it's open to interpretation) 2.The cause of pests is subject to dispute   Pests may include: Fleas Cockroaches

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Choosing the right manager for your property investment.

Choosing the right manager for your property investment. According to current statistics from realestate.com.au, there are over 8,500 real estate agents and franchises around Australia. But the question is - should you choose a franchise or an independent real estate agency to rent out your investment  property? Both big name franchises and independent agencies can be worthwhile services depending on the specific situation. In...

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Should landlords rent their properties furnished to maximize returns?

There are a number of ways for property investors to make their property available for rent: Fully furnished and equipped – In this instance, all household items are included: everything from kitchen utensils and cutlery to beds and desks. Fully furnished – You, as the landlord, provide all the furniture to the tenant that would expect to live freely and easily without buying all the items themse...

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How to best prepare your home for the rental market?

For residential property investors and landlords who want to maintain the value of their assets, keeping things in good order as far as the condition of their property is concerned is usually a priority. There is current discussion from tenancy stakeholders of minimum standards legislation by which governments can prevent the minority of landlords who don’t or won’t maintain their properties in reasonable repair from endangering and exploiting tenants. Such laws are a s...

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When and how often should you increase your tenant's rent?

When and how often should you increase your tenant's rent? When it comes to rent reviews on an investment property, one of the most common mistakes that investors make is thinking that raising the rent will cause a good tenant to vacate a premises. The landlord therefore does not raise the rent at all, creating a downward spiral in relation to their ongoing cash flow and therefore their ability to maximise their return or g...

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Top 10 tips to help rental property owners avoid common tax mistakes.

Top 10 tips to help rental property owners avoid common tax mistakes. Owning a rental property is just like running a business. If you're a first time investor or own a rental property that you receive an income from, you can claim any expense associated with earning that income. Rental property expenses are deductions (from your taxable income) relating to the owning and op...

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Should property owners manage their own investment property?

Should property owners manage their own investment property? Those small initial savings could create a large impact on your return on investment Understandably, many property investors are enticed by the idea of managing their own investment properties. We wouldn’t be surprised if the thought had crossed your mind on at least one occasion. Buying a property is a costly investment, and it’s ...

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What are the minimum rental standards and who benefits from it?

What are the minimum rental standards and who benefits from it? You have long cherished the dream of owning your own home. One day you may find that your circumstances have changed and it’s time to move into another, yet keep and rent out your current one. What now? If you plan well in advance and do your homework diligently, there is no reason why you cannot attract the right sort of tenant and earn a decent income from your property in any mark...

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Why Real Property Manager partnered with Rent360.com.au?

Why Real Property Manager partnered with Rent360.com.au When I thought about launching Real Property Manager at the forefront of my vision was to offer a service unlike a traditional rea...

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New Rental Data Will Be Made Accessible To Landlords, Investors And Tenants.

Rental Bond data that has never previously been publicly available or accessible. Real Property Manager supported this move to have open data available for landlords, tenants and property investors to make consumer decisions. The Rental Bond data is the most accurate information about the rental market place because it is based on actual "leased" rental property as opposed to asking prices traditionally available on rental listings websites such as https://www.realestate.c...

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NSW Landlords Need No Grounds - Eviction Notices to Remain Put

NSW Landlords Need No Grounds - Eviction Notices to Remain Put Weekly rents go up as well as down, repairs and maintenance requests keep coming and the cost o...