Don’t panic, yes the end of financial year is just around the corner, but I’ve got your back. It really doesn’t have to be as stressful and frantic as we all make it out to be. I’m here to help stop you freaking out and give you a few simple steps to get your EOFY […]
New agencies are popping up everywhere these days and it has never been easier for landlords to jump ship and try a new agency. In Queensland under the new legislation, it is only 30 days before a landlord can change to a new agency if the property is tenanted, but if the property is vacant […]
It is like a roller coaster ride of uncertainty and change, that is literally peaking in ebbs and flows on a weekly, sometimes daily basis. Property Managers are just waiting to see what is over the crest at the top of the ride, is it a sharp downward spiral or an easy slope we can […]
Why Landlord’s leave a Property Management Company Just like a baseball and softball game, the general rule of thumb with Landlord’s is three strikes and you are out and a new agency comes in. As an investor myself I’ve used this rule of thumb to move onto a new agency, in fact, anything to do […]
Is your Property Manager giving you the service you desire? Let’s face it Real Estate is a pretty transparent industry. All Real Estate businesses are governed by the same laws and codes of conduct and we all have access to the same technology, so how do we stand out from the crowd in such a […]
We all know that the property market is ever-changing and following the recent election and the cutting of interest rates it is now more important than ever to analyse the market before diving straight in. Here is a rundown of what the market is currently doing, how you can break into it and some tips […]
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, […]
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 […]
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 […]
Do we really know what will happen to the Property Market in 2019? Do we ever really know what the property market will do period? There are some indicators that allow us to determine some of the property trends for the coming year, but there certainly isn’t a crystal ball outlining exactly what will happen […]
Let’s face it Christmas is an expensive time of year for us all. If you are already struggling to keep up with financial commitments or haven’t planned ahead, it can cause a substantial financial burden that can take a long time to recover from. In property management, we have found this is one time of […]
Choosing a company to manage your investment is the second most important step following the initial decision to buy an investment property. Not only is it essential you do your research and ensure a few things like the company is experienced, operates with the service you are looking for and aligns with your values, but […]
A lot of agencies promote rental return when vying for your business, but what do they actually do to assist you in achieving maximum rental return? Our job as your property manager is to not only to lease your property but to rent it for the highest possible price, just like when selling a property. […]
Seldom is it talked about, but a debt collection procedure should be the top of your list when interviewing for a property manager. A poor debt collection procedure can cost you, as the landlord, a lot of money if there is no clear procedure to follow. From an agency perspective, I can assure you debt […]
Did you know the number one reason a landlord leaves an agency is due to poor communication? It seems such a simple thing, but rarely is it appropriately executed in property management, which is a shame given we are dealing with people’s most significant assets. Director of Marketing and Business Development, Kylie Walker has […]
As a landlord, you want to ensure your property is always tenanted. In some instances, the reasons tenants vacate is out of your control, and when it comes to breaking the lease, it can tend to get complicated and confusing. When faced with this situation it is essential to know your rights and obligations as […]
According to the latest CoreLogic Rental Report*, rental rates are at a national high and growth has lifted, so is now the time to buy an investment? There is a lot of talk back and forth about when is the perfect time to buy an investment is but, to be honest there isn’t one! Yes, […]
Whether or not the year ahead fills you with excitement, fear or anxiety, one thing is for certain the property market will be one of the most closely monitored sectors across the country. Wouldn’t it be amazing if we had a crystal ball at the end of each year to predict exactly what was in […]
For those lucky enough to have a backyard pool, you’ll already know it’s not all rainbows and daises. With drowning as one of the leading causes of death in children under 5 in Queensland*, owning a pool is a huge responsibility. When it comes to a pool in a rental property, the lines can be […]
With property becoming a top investment pick for Australians there is no wonder we have more landlords than ever before! If you’re thinking of jumping on the bandwagon it’s important to do your research, especially if you are a first timer. Lucky for you, iThink property manager Tara Graham has put together some must knows […]
When a tenant hears that their rental property is up for sale they tend to panic- don’t! Just because the owner is putting the property on the market this doesn’t mean you need to pack your bags! Both you and the owner have rights and it’s important to understand them. Our Head of Property Management, […]
One of the biggest mistakes novice investors make when trying to pick a hot spot is taking short cuts. Everyone either doesn’t want or have the time to do their homework while looking for an investment property. If you decide to take a short cut and take a prediction of a booming suburb from a […]
Gone are the days we could just put up a sign outside your property and it would be rented within days. We live in a world where digital media reigns supreme in the advertising world and it is becoming more important to jump on board. According to realestate.com (REA), 91% of tenants are now searching […]
Are you looking at becoming a property investor? You’re not alone, there are just over 2 million Property Investors in Australia*! While property is regarded as one of the safest long term investments there are many risks involved and it’s not a decision to jump into. iThink’s Sales & Marketing Consultant, Dane Phillips has some […]
It’s a struggle to find time to renovate or repair your rental while a tenant is in place. So when your tenants are vacating and there is a week or two between tenancies you need to jump on this opportunity! You want to achieve premium price and attract quality tenants so giving your investment a […]
The rent reduction conversation is never an easy one between property managers and landlord’s. What it simply comes down to is an open line of communication and an education process on current market conditions. There is always a reason why a property doesn’t rent. To help landlords understand why, Director at iThink Property, Kylie Walker […]