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Hi,
Like everyone else why are you collecting the rent if you have a PM? If you go to http://www.rta.com.au this will give you all the info that you require.
If your tenant receives there income form centrelink or some saught of pension then you have the option of receiving there rent via centerpay. This system takes the rent out of the tenants payment before they receive it so they can’t spend what they don’t have.P.S Don’t just assume that your P.M is doing their job you need to keep a close eye on what they are doing. In my experience if you have the time it’s allot easier to manage the property yourself and you save 8%!!![:o)]
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