It definitely encourages more tenants – I work in property management and by including Pet friendly in the description or heading will increase your market. Just take a slightly higher pet bond.

Hi Nina, I work as a property manager in South Yarra and would advise against purchasing off the plan. Generally when you are trying to let the property, so will another 40 – 60 landlords and as a result supply is much higher than demand. Resell is also much lower than purchasing say a 1 bedroom apartment in a pre-existing block in south yarra,…[Read more]

Definitely the bath – better for children, cheaper to maintain (might have to re-enamel every 10 years, only maintenance needed!) easier to clean for the tenant, better for the environment, less water used!

The auction rules will also be displayed at the auction for 30 minutes prior to the auction beginning. The auctioneer will announce at the beginning whether or not vendor bids etc are allowed and from whom. If you are stuck, there will be plenty of agents floating around! If you need a property manager in melbourne let me know good luck!

Hi propertymistro, standard buyers advocate fee is 2% + GST in Melbourne and this can vary greatly. The benefits of using one are;- they will inspect 50 – 60 properties and shortlist to a few that are actually worth your budget- provide considered advice on where your money is best spend ie. which suburbs, what sort of proeprty, for what use etc-…[Read more]

Hi Nit,1) you should purchase landlord insurance that covers problems in the tenancy (eg. damage, rent defaults) AND contents insurance to cover the internal parts of the property. For example, if the roof leaked, the body corporate would fix the actual roof but would not replace your ruined carpet, so you can claim it on your contents insurance.…[Read more]

Hi Pijoko, it is ridiculous that the PM will not refund the money to ANYONE – especially when they no longer have authority to receive the rent, let alone take management fees. You need to write to the PM's manager to authorise the refund of the money to the tenant, and demand that no fees are taken. I have taken over properties from other agents…[Read more]

hi guys, I'm a current PM in Victoria and can guarantee that I have never and will never get kickbacks. It is part of our authority that any rebates received must be listed and passed on to the landlord if the work was completed at their property. The tradespeople we use are employed by our company because they do quality work, reasonably priced…[Read more]

Hi Shane – no contact details on your website at all! I was going to have a look what area you were in but there is no address, email or phone number to reach you on. Might be an idea to put them on

Property Managers can search the national tenancy database – it costs approx $12.00 per person and shows if the tenant has ever had a VCAT order against them, been lodged on the database by a previous PM or landlord as a good or bad tenant and any comments on how they left  the property (eg. abandoned, rent owing and how much, damage etc etc).…[Read more]

geelong!

Thanks for everyones feedback, gives me some food for thought.I'm not exactly sure what a Deposit Bond is, if someone could please explain?Also our mortgage broker is recommending to move away from the loan our first IP is with (RHG – mortgage choice won't touch them) and combining the loans with a different lender with lower rates, more…[Read more]

Hi ThereI'm a property manager in Victoria, and i believe the tribunals run reasonably the same…If a tenant has signed fixed term agreement, this must have a clause in it stating that they are responsible for break lease fees if they do so. This can include a letting fee, rent until a new tenant is found and advertising costs.HOWEVER – tribunals…[Read more]