Interview a couple of PM in the area. Look for someone who has been in the industry for a number of years and has plenty of experience. ask them to provide contacts eg. current landlords that you can speak to and ask questions about their experience with this PM and maybe others in the area. look for someone who is an REI Member and accredited PM.…[Read more]

Also see tenants union of Vic handbook – clearly explains rent in advance
http://www.tuv.org.au/homepage.aspx
and click on new publication tenant handbook[exhappy]

may vary from state to state. it will all depend on what is on the origional lease! i do all leases on at least fortnightly figures so that i can ask 4 weeks rent in advance. and it runs exactly as you have suggested.

Section 40 (Residential Tenancy Act) VIC Limit on rent in advance. A landlord must not require a tenant to pay rent under an…[Read more]

will depend on what state your property is in.

You would probably need to be able to supply invoice to show that the carpet was new, photo’s of the damage that has been caused by the tenants. If your claim went to VCAT (Victoria) they will depreciate the value of the carpet also (as per tax depreciation figures), so unlikly you would be able to…[Read more]

Property WA

The neighbouring property to ours is a corner block so they have a seperate drive for each house. the block is approx 1000sqm.

they origionally paid approx $180, 000 for the origional house as it was a bit run down. are currently building the second property (nearly finished) two bedrooms & a garage. will be looking at $230,000 for…[Read more]

You mention adding a second dwelling. the property next to our rental property in Ballarat has done just that, renovated the origional house and added a second dwelling.

this has now made us thing of doing the same as our block is a good size and council seem to be reasonable about these things.

I live in Ballarat and worked in real estate in the area for a number of years. rental demand is usually high and vacancy rates seem to stay very low latest 2.0.

i also have an investment property in Ballarat and the capitol growth has been been great over the past 5 years for this property and now looking for another.

if i can be of any…[Read more]

You need a new PM.

Under certain cercumstances the tenant does have the right to get repairs done themselves and get reimbursed for it. but there are steps that the tenant needs to take for this to happen.

I would be advising your PM that you will not be paying the account as they have not lived up to their end of the deal as they are obviously…[Read more]

may differ a little depending on what state you are in. you need to lodge an abandoned goods with consumer affairs (vic)
http://www.consumer.vic.gov.au
go to renting, then forms & publications and you will then find the form for inspectin of goods left behind.

the inspecter will then come and assess the goods, and will then instruct you what you…[Read more]

REIV Landlord Insurance (REIQ, REIT etc depending on what state you are in. and Terri Scheer Insurance

http://www.terrischeer.com.au/index.php
http://www.rentalprotectionplus.aon.com.au/
Both are great policies. You need to make sure you are covered for Loss of rent, rent defult, accidental & macicous damage by tenants, public indemnity etc. a…[Read more]

Glad to see that your tenant has paid the rent. Make sure your agent does not cancell the hearing, ensure that they seek an adjournment. this is valid for 3 months so if the tenant falls behind in the next 3 months you do not have to serve any notices you just have to fax a request to VCAT to have the matter relister. this saves a lot of time and…[Read more]

Once the tenant was 14 days in arrears your pm should have served the 14 day notice and applied to VCAT. once the 14 day notice is up you should have had a VCAT hearing scheduled in the following week or 2. provided the tenant is still in arrears on the day of the hearing you should be given a possession order. from there if the tenant is still in…[Read more]