All Topics / Help Needed! / Brisbane Property Manager advice

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  • Profile photo of Jaclyn11Jaclyn11
    Member
    @jaclyn11
    Join Date: 2011
    Post Count: 4

    Hi Everyone!

    I'm looking at renting out my Unit in Brisbane's North, Grange 4051. Can anyone
    recommend a real estate agent and/or property manager to manage my unit?

    What type costs and ongoing expenses are involved? What can I expect?

    It’s my first investment property so any advice would be greatly appreciated.

    Thanks!

    Profile photo of dcwwooddcwwood
    Member
    @dcwwood
    Join Date: 2011
    Post Count: 27

    Use these guys – http://www.propertypursuit.com.au/manage/manage/ they are very good and they can also assist you with purchasing your next IP!!

    Give Jason a call and he will provide you with costs and details:
    Jason Hetherington, General Manager & Licensee  P: 07 3118 8565 |  F: 07 3118 8568 | M: 0421 085 086

    Profile photo of lifestylezlifestylez
    Participant
    @lifestylez
    Join Date: 2011
    Post Count: 61

    Hi Jaclyn,

    I have had good experiences with Ray White, but not in that particular area (mine was in Logan).

    I think you should expect to pay 7 to 8% in commissions and management fees as standard, you can probably do better if you negotiate.

    Therefore if you are going to be getting $300/week for your property, you will pay around $21 to $24/week in fees.  These are tax deductible.

    It's wise to look at what your manager charges for additionals such as, letting (new tenant), re-letting (existing tenant renewing lease), postage (for sending you correspondance), advertising etc

    My current manager charges 1 week rent + GST for new tenants and 1/2 week rent + GST for re-letting.

    Hope this helps.

    Darren.

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