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Hi everyone,
1st of all Landlords insurance is relative to whether you have the property managed by an agent or that you do it yourself. There are a number of companies out there that provide Landlord insurance. Premiums depend on self managed or agent managed then where the property is located.
I work for a company who specialise in this area of residential tenancies (my father and I are investors to which has helped us in the development of these products) and has developed a number of products that help you and your agent manage your property. Note that there are a number of costs that insurance does not cover.
I’m happy to talk to anyone about this so just drop me a line. You can also check out http://www.barclaymis.com.au.
Our services include some of the following (but are not limited so if you have an existing property please contact me);
Preventative Services
• A professionally designed Tenancy Application Form (TAF).
• A 100 “Check-Point” system that works in conjunction with the TAF.
• “Fast Track”, Australias only true national tenancy data base which will allow you to check prospective and existing tenants rental history.
• “Demand-On-Web”, a series of third party letters designed as a back-up to your initial requests for rent outstanding.
Recovery ServicesThis Plan provides access to the following full debt Recovery Services, with no excess, no added costs, commissions or legal fees:
• Tenant Skip Trace and Search
• Judgement of the Original Certified Order as supplied by the Managing Agent
• Preparation of legal documentation including Warrants and Affidavits
• Examination Hearings
• Garnishee Orders
• Collection of payments from tenants
• Recovery of money owedLook forward to speaking to you all
Ben