So, you have reached the end of your lease and it’s time to pack up and move on? Well, remember that downpayment of 4 weeks rent that you paid at the beginning of your tenancy? It is finally time to get that back (we all know you have been itching for it to land in […]
Are you across it? Are your Landlord’s across it? You thought you had years to prepare, but all of a sudden the deadline for the new Queensland Smoke Alarm legislation is imminent, pressing a lot closer than you think. I’d been exceptionally nervous if I had a large rent roll to make complaint before the […]
Since the Australian Prime Minister Scott Morrison announced the Covid-19 moratorium on evictions, property managers and investors have had one single thought on their minds, what is this going to mean for rent arrears? Rent Arrears is probably the single biggest stress and cause for angst for property managers, business owners, and landlords, largely due […]
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 […]
It’s the hottest topic in Property Management amidst the Coronavirus pandemic, how are we going to deal with Rent Arrears and financial hardship? It may seem overwhelming right now, but rest assured with some thought and planning there are solutions. The important thing is to not ignore the situation and start looking at your business […]
Advertising your investment property correctly and appropriately is absolutely vital when the property becomes vacant. Nowadays, renters have access to multiple online portals when hunting for the perfect rental property. Therefore, it is important to ensure your property is being seen! Here are some things you can do to ensure your property is reaching those […]
Why Cheap isn’t alway’s Cheerful when Selling your Home or in Property Management Yes, the point of having a property whether you live in it or whether it is an investment is to make money, and whether your strategy is long term or short term, make no mistakes you need to have your figures worked […]
Renting can get somewhat competitive and in some instances, you may find yourself up against 20+ other applicants vying for the same property. If this is the case, you can’t afford to be negligent with your application as it may just cost you your dream rental. Here are our top tips you should follow to […]
About to move into a new place, or are you moving out for the first time? Here is a comprehensive list of everything to need to know to make the move a little more bearable. Forget the moving horror stories, by implementing a plan and utilising these tips and tricks, you can make moving house […]
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 […]
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 […]
One of the most stressful tasks when you’re vacating a tenancy, is ensuring your property is in tip-top shape. Under the General Tenancy Agreement (GTA) you sign at the start of your lease, it’s your obligation to ensure you leave the property in the same condition as when you moved in otherwise you will lose […]
Finding a rental for you and your furry friend can be quite difficult! You’ll find your rental opportunities will dramatically decrease when you have a pet, but it’s not impossible to find a rental that can suit both you and your pooch. If you’re serious about finding a rental property you need to eliminate the […]
Whether you’re relocating for work reasons or you’ve found your dream home in a suburb you’ve always wished to live in, deciding whether you should sell or rent out your house can cause a lot of headaches. There is no right or wrong answer to this question and no one can answer it for you. But […]
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, […]
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 […]
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 […]
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 […]