Thanks everyone. Unfortunately so busy with new job that I don’t get to sit at a computer and read the posts. Thats why I’m looking for investment club. I will look at the website suggested thank you.

You can definately sell even though the tenants still within their lease agreement. The decision is one you will have to weigh up for yourself. the problem I find when we have a situation like this is that the majority of the time the tenants react unfavourably to this situation. However they must give the agent access for the suitable times that…[Read more]

Thank you for all your comments. I was amazed to see all the input after coming back from my long weekend.

Does the six month rule apply to all australia or only some states? Also I have a husband. Could I purchase a property in my name only, and in the future purchase in his name only and get away with all concessions legally.

J Dylan

Sample Letter:
The costs on the above mentioned property have increased since your tenancy commenced on (date)

Taking this into consideration and having regard to current rental levels, an adjustment to your rent is considered necessary.

Accordingly, we advise that as from (date) the rent will be $rent per week/fortnight.

Legally there is no…[Read more]

First thing is to contact your states Dept of Fair trading to find out how many days notice you have to give the tenant before the increase takes place. In NSW for example is 60 days plus four days postage.
When I have a copy of our offices examples of letters to increase rent I will post them on this site.

If you want to find out how good your future tenants are you should ask for a rental ledger to see if they have ever paid late or if they are super keen like some tenants I know and pay well in advance. Secondly a excellent property manager who does their job properly, is the most invaluable tool you can have. They can achieve good rental results,…[Read more]