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  • Profile photo of musmassmusmass
    Member
    @musmass
    Join Date: 2003
    Post Count: 3
    November 17, 2003 - 10:52 am

    Murmur009,

    It is not so hard managing your IP’s yourself so long as you have an understanding of the Residential Tenanices Act relevant to your state.

    If you are not sure how to get started maybe you sould engage the services of a local estate agent to do what is called a “let only” which means they will find an approved tenant for your property and handle the lease agreements,bond lodgement and condition report for you. They will take the first months rent for you also.

    Once the new tennat is all signed up and moved in the Estate Agent will then transfer the management of the property back to you which means you will not be paying the monthly management fee for them to collect rent.

    For an estate agent to do all of this for you will probably cost you equivalent to two weeks rent on average. Ring your local agents for costs.
    Regards Musmass[:)]

    Profile photo of musmassmusmass
    Member
    @musmass
    Join Date: 2003
    Post Count: 3
    November 6, 2003 - 10:54 pm
    Quote:
    You must if in Victoria, lodge your bond with the Residential Tenancies Bond Authority in Melbourne.

    The form required is a Bond Lodgement Form which must be signed by both the tenant and landlord. At the end of the Tenancy a Bond Claim Form is required to be signed by both parties also with any agreed deductions taken off unless of course your tenant has a Director of Housing Bond loan which means if you even want to deduct $50.00 you must apply to the Victorian Civil & Administrative Tribunal.

    Forms are available by ringing the Residential Tenancies Bond Authority in Melbourne.

    Profile photo of musmassmusmass
    Member
    @musmass
    Join Date: 2003
    Post Count: 3
    November 6, 2003 - 10:16 am
    Quote:
    Have been very interested in the comments noted on Property management in the Morwell/Traralgon area. I have been a landlord with B.J. Bennett for quite some time now and have found their agency to be most professional and eager to please. I have tried other agents in the past but found Belinda from B.J.’s to offer me exactly what I expect as a landlord from their managing agent. She always tries her best under what is known to be a very demanding and at times stressfull job. I have recommended friends of mine to Belinda at B.J Bennett and they have all had positive comments and have shouted me a few beers for the GREAT advise.[:D][:D]
Viewing 3 posts - 1 through 3 (of 3 total)