We have seen an interesting change in the reasons why tenants are vacating. Early in 2016 the majority of tenants vacated due to the down turn in the resource and construction industry. They were being retrenched or reaching the end of their working contracts. This applied particularly to those in apartments. There was also a [...]
We often see disruption and friction between the property manager and a tenant. This achieves nothing and only causes both parties stress and discomfort. Things may take longer to finalise and too many people get involved wasting everyone’s time. Some tips to ensure a good relationship: • Both parties should be courteous to each other- [...]
The great news is you may be able to get NBN if you’re renting your property. You will need to ask your Property Manager for permission and keep them informed about connecting your home to the NBN. NBN Co will need to install equipment on both the inside and outside of your home. Make sure you [...]
The Residential Tenancy Agreement (Lease) is a legal contract. If any party wants to change the lease, all parties must agree in writing. This includes the Agent, The Landlord and ALL tenants who are party to the lease. There are ramifications – can the remaining tenants on the lease afford the rent? Will the landlord [...]
Squatting is funny business. The idea of someone having any kind of right to your property is kind of absurd. But the kind of damage and financial loss that squatters can inflict is anything but humorous. Common sense would tell you that someone living in your property without your permission or knowledge is doing so [...]
A Joondalup property manager has reported an incident to REIWA where unauthorised tenants have moved into a vacant property. The property manager said the tenants were scammed after advertising for a rental on Gumtree. Their advertisement was answered by a “Peter Jenkins” claiming to be a real estate agent and offering them a property. “He [...]
We would like to share with you some of the criteria we use when acting as your property manager. First impressions are critical when a prospective tenant inspects a rental property. It is important to decide what sort of tenant you are targeting. Some tenants will accept living in a property that is not in [...]
The Victorian Supreme Court’s ruling on a landlord’s obligation towards repairs may set a precedent. When a tenant in Gippsland sought the intervention of the Victorian Civil and Administrative Tribunal (VCAT) into the state of repair of her rental, the outcome led to an appeal through the Supreme Court. That landmark decision may have implications [...]
DEAD CAT BOUNCE ?? Is the Perth rental market in a Dead Cat Bounce? Share traders and brokers will often talk about a dead cat bounce where the market appears to drag along at the bottom of a cycle and suddenly start to move upwards – not far, before falling again to a low. REIWA [...]
We are seeing a number of new developments with severe waterproofing issues. Sometimes these only become evident 2-3 years later and in some cases the builder has declared bankruptcy and is no longer around to attend to the problem. Property owners buying into a new strata should check on the condition of water proofing in [...]
