Posts Tagged ‘renting’

SAVING FOR A HOUSE DEPOSIT

Whether you are wanting to break out of the rent cycle or you are ready to move out of home into your very own place, saving for a house deposit can seem overwhelming and never-ending. But rest assured, there is a light at the end of the tunnel, you just have to stick it out for a while. Here are a few things you can implement to help to save for your first deposit a little bit easier. Whether you are looking to buy in the next 6 months or the next 6 years, we are sure at least one of these tips will be beneficial. GENERAL SAVING TIPS Tackle your Spendings First The very first thing you want to do is go through your monthly budget and look at… Read More »

HOW TO PUT TOGETHER A WINNING RENTAL APPLICATION

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 ensure you have an outstanding rental application. Make Sure You Have All the Correct Documentation After attending the inspection and you have had a chat with the agent, you should know what you are required to provide with your application. Most agencies will require references, application forms, proof of employment and 100 points of identification. To really set yourself apart from the competition have all this documentation organised, copied and ready to hand to the… Read More »

BREAKING A LEASE – OWNERS

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 an owner so that you can correctly approach the issue. It is also important to have good communication with your management agency to ensure you are acting quickly to get your property tenanted again. Here is everything you need to know as an owner about a break lease from our Head of Property Management, Kristie.     The General Tenancy Agreement (GTA) that tenants sign when they accept the property is a legally binding document…. Read More »

HOW TO: PREPARE YOUR HOUSE FOR A VACATE

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 your bond. To make sure this doesn’t happen to you and you receive your bond back, here are a few top tips and tricks from iThink Property Manager, Bek Sheahan.     MANDATORY MAINTENANCE To start off, there are a few compulsory cleans you must do no matter what. One is carpet cleaning, and the other is pest control (if you have had pets). Please see below for more information on both of these: Carpet… Read More »

STAND OUT FROM THE CROWD WITH TENANCY SKILLS INSTITUTE

We are sure you’ve heard plenty of tips and tricks on how to make your rental application stand out from the crowd, but we’ve got one that will actually work! Introducing the Tenancy Skills Institute.  The Tenancy Skills Institute have listened to the struggles of property managers and tenants to create a training program dedicated to teaching tenants the necessary skills needed to find and maintain a tenancy. The program is a saving grace in the eyes of property managers and tenants. So how can you jump on board? Here’s everything you need to know from iThink Property Manager Peta.   WHAT IS THE TENANCY SKILLS INSTITUTE? “Everyone deserves somewhere safe to live. Real estate agents and property managers equally deserve great tenants.” This is the main driving force behind… Read More »

TIPS FOR SECURING A RENTAL WITH PETS

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 ‘fear’ factor from your landlord by taking a few extra steps to reassure them your pet won’t damage their property. Take a look at our tips on how you can secure a rental with a pet from iThink Property Manager, Mikki Pohatu.     NEVER TRY AND HIDE YOUR PET The first thing you need to do is be up front. Don’t start off on the wrong foot and try to hide the fact you… Read More »

RENT ON THE RISE – IS NOW THE TIME TO BUY AN INVESTMENT?

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, there are few things to consider, but ultimately it’s about when you’re ready and what you can afford.  To help you get started, here are some tips on buying an investment property from our Property Manager Ronda Millard. UNDERSTAND THE MARKET Knowledge is key in investing. Do your research and look into the suburb’s growth, current rental return, rental demand and nearby infrastructure. Understand how the property market works and you’ll find yourself better prepared…. Read More »

5 MUST KNOWS WHEN BECOMING A LANDLORD

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 for you when becoming an investor.     HIRE A PROFESSIONAL PROPERTY MANAGER The ‘do-it-yourself’ method of managing your property is becoming increasingly popular but to save you the headaches it’s best to leave this up to the professionals. Do you really want to be woken up at 3am with an emergency maintenance request? Property managers are the tenants first point of call and have systems in place to handle maintenance requests, rent arrears etc…. Read More »

4 RULES TO KNOW WHEN YOUR LANDLORD IS SELLING

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, Angie Lester is here to give you a head start, with some basic rules every tenant should know!     YOUR LANDLORD HAS THE RIGHT TO SELL As the owner, your landlord is within their rights to sell the property whenever they want to, even if it does fall during your fixed lease agreement. But don’t panic! You do have rights.   YOU MUST BE INFORMED BEFORE THE SALES PROCESS BEGINS Once the owner decides… Read More »

THE WORLD OF LEASING YOUR PROPERTY HAS CHANGED

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 online for properties. That is a huge number of potential tenants! To help ensure your property stands out from the crowd here are a few tips from our Leasing Consultant, Shona Grayson.     BE SEEN As advertising online is now a must, everyone is doing it. This means you need to stand out from the crowd to be seen and this starts with your positioning. According to REA (2017), what page your property is… Read More »

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