TOP TIPS TO RENT YOUR PROPERTY QUICKLY

A vacant property is every landlord’s and agencies, for that matter, most vulnerable period. Whilst it is inevitable, at some stage when you own an investment property you will have to experience a period of time without tenants. This can be costly if not managed properly, each week without a tenant increases the financial pressure, especially if you have home loan obligations to meet. The goal though is to not only find a tenant but find a quality tenant that is going to pay their rent on time and look after the property as if it was their own. This must be achieved in the shortest time frame possible, to avoid unnecessary financial strain and stress. On the same note, if an agency isn’t doing their job to secure you… Read More »

TOP TIPS FOR SELLING AN INVESTMENT PROPERTY – FOR TENANTS & LANDLORDS

Are you an investor who has decided it is time to sell your rental property? Or are you a tenant residing in a property that is on the market? No matter your situation, it is important to know your rights during the sale process. Ensuring that the entire sale process runs smoothly and no parties are upset or adversely affected is extremely important. Here are a few things you need to consider when selling your investment property, or even living in a property that is on the market.     LANDLORDS   Firstly, it is important to assess why you are selling the property and to thoroughly weigh up your options. Ask yourself the following questions: Do you need the money? – Is the cost of owning an investment property… Read More »

HOW TO MAKE YOUR HOME MORE ECO-FRIENDLY

Are you starting to worry more and more about your carbon footprint? If you are one of those homeowners who automatically turns the heater of air-conditioner on as soon as you wake up, or you leave every appliance switched on at the wall even if you aren’t using it, here are a few simple changes you can make. Not only will the environment benefit, but your bank account will too!   THE SIMPLE SWAPS     Start using a keep cup or reusable water bottle: Did you know that in Australia alone, over 1 Billion takeaway coffee cups go into landfill each year? By making this simple switch, you can do your part to help reduce this number, and on the plus side some cafes will give you a discount… Read More »

COMPLIANCE – WHAT YOU NEED TO KNOW AS A PROPERTY MANAGER AND INVESTOR

Whether it is our workplace or someone else’s home, risk literally lies everywhere. We’ve all heard nightmare stories of people being sued over something insignificant, but have been paid royally for someone else’s oversight. It seems unfair, but increasingly this is the world we are living in. A pot hole on the pavement is a lawsuit for a broken ankle, a wet floor is a lawsuit for a back injury, a car accident is literally worth thousands in compensation. I’m not discounting genuine instances where compensation is legitimately required due to negligence, laziness or stupidity, whatever the reason may be. However, never more than now have we had to keep our eye open for the risks associated with every day to day life. Litigation is at its peak and the… Read More »

WHAT TO DO BEFORE LISTING YOUR PROPERTY

Selling your property is a big deal and as an owner, you invest a lot of time and money into the process. When it comes to selling your property you want to ensure you are doing all that you can to ensure you are selling at a premium price, in the quickest time-frame. Here is a list of things you can do to aid the sale of your property before it even hits the market. Ipswich sales and marketing agent Adam Boettcher has compiled a list of his 5 top tips you can implement before your house even hits the market   1. ASSESS THE MARKET You want to ensure that from the moment your property is listed that it is priced correctly. Ensuring your price is competitive in the… Read More »

EASTER DIY TREATS AND CRAFTS

School holidays are about to kick off this Friday which means two things. 1. Easter is almost here and 2. You will need to keep the kids entertained so they don’t go stir crazy! Lucky for you we have compiled a list of our favourite DIY Easter treats and crafts that will keep them busy for hours and get them excited for the Easter bunny to visit.   1.DIY BUNNY EARS (via MarthaStewart.com) Makes: 1 set of ears What you need: Headband 8 x 16 inch piece of felt in a colour of your choice 6 x 6 inch piece of white felt Scissors Hot glue gun and glue sticks Any other accessories to jazz up your bunny ears e.g. pom poms, glitter, sequins and ribbon   Method: Measure the… Read More »

WHY WE HOST IN ROOM AUCTION EVENTS

Think auction might be the best way to sell your home? With our second auction event for the year approaching this Friday, we look at the benefits of hosting in-room auction events, and why you might consider it for your next sale.   ABOUT OUR EVENTS   At iThink Property, we like to do Real Estate different and our Auction events are really like no other. We host community inclusive Auction events at popular local venues that help create a real buzz in the local community and more importantly for the properties we are looking to auction. Our Auction Events are also generating some outstanding results for our sellers and buyers. We strongly believe in the auction process; it brings all potential buyers out of the woodwork and generally results… Read More »

HOW TO UPDATE YOUR HOME FOR AUTUMN

With the cooler weather rolling in, it is time to think about switching up those bright, summery décor for more autumnal tones. It also gives you a chance to spruce up your home, ditch the clutter and maybe even give it a fresh lick of paint. Here is a list of a few easy switches and changes that will help you set the mood for the new season in your home.   SWITCHING UP THE COLOUR PALETTE One of the easiest things to switch up each season is the colour palette. For autumn try introducing deeper, darker hues as well as rich jewel tones (emerald green’s, navy’s, plum’s and burgundy’s). You can introduce these new colours in various ways, such as new cushions, linens, throws and smaller décor pieces. If… Read More »

HOW TO HANDLE DISPUTES IN PROPERTY MANAGEMENT

It’s the one thing all property managers want to avoid, and no matter how big or small, conflicts or disputes are always the tasks that are pushed to the bottom of the list. To ensure you are addressing these conflicts in the correct manner, here is an action plan to keep on hand for when things go pear-shaped.     DISPUTE RESOLUTION ACTION PLAN   1.THINKING, ASSESSING & PLANNING This is the stage where you take some time to think about what exactly the dispute is, how it occurred and how it can potentially be resolved. The more detailed information you can find about the issue, the easier it will be to help resolve it.   2. FOLLOWING THE RULE BOOK What is the legislation surrounding this issue, and what… Read More »

HOW DO YOU GET RID OF SQUATTERS?

Squatters are every landlord’s worst nightmare. Strangely enough, the information surrounding how to get rid of the unwanted intruders in your rental property is vague, to say the least, even with the help of Google. The kind of damage and financial loss that squatters can inflict can be quite significant. Common sense would tell you someone living in your property without permission or knowledge is doing so illegally – but amazingly it’s not a criminal offence to squat in an empty house. Recently at iThink Property, we had two separate cases of dealing with getting rid of unauthorized occupants in a property. So, we thought we would share our experiences. In the first instance, the squatters had moved in under a high set house and set up extravagant living quarters… Read More »

Next Entries »