Property Investor Newsletter Oct-Nov 2017
In this newsletter we cover important property management topics to keep you informed and maximising your rental income and optimising your capital growth.
The Two Biggest Concerns For Landlords...
Every landlord who owns an investment property has two big concerns.
Firstly, that the rent is paid on time and secondly, that the property is well cared for, with no damage.
It is our agency’s focus to ensure that we are strict with the tenant selection process and reference checking; however, circumstances can often change during the tenancy.
To eliminate these concerns, it is important to consider having adequate insurance cover to protect your asset. This article is a reminder to those landlords who are exposed to these concerns by not having insurance. We still have landlords who do not have this cover and it is our duty of care to inform you of this insurance.
Pool Safety Is Everyones Responsibility
350 children under the age of five drown in pools each year nationwide.
A property rented with a swimming pool brings with it responsibilities not only on the part of the tenant, but also on the part of the property owner.
There are different requirements from State to State; a pool safety certificate or compliance with the local city council standards.
Do You Own Another Investment Property?
More often than not, consolidating all of your rental properties with the one agency can save you time and money. Please feel welcome to telephone our agency and speak with your property manager about how we can assist in facilitating this process on your behalf.
Water Charging In Rental Properties
Lessors can pass on the full water consumption charges (including bulk water charges) to tenants provided all the minimum criteria have been met.
What are the minimum criteria for water charging?
Lessors are able to pass on the full water consumption charges to tenants if:
- the rental premises are individually metered (or water is delivered by vehicle), and
- the rental premises are water efficient, and
- the tenancy agreement states the tenant must pay for water consumption.
This month we said Goodbye to Dianne Peall, as she decided to take some time off from the work force.
Kate has stepped back into this role, and we have welcomed Sherrie Chapman into our team. Sherrie will be learning our operations and working with Kate in this role so that Kate can continue with her management role of the office. Any queries, please call Kate to discuss.