Renting

Domain Rental Vacancy Rate September 2019: Is the renters’ market in Sydney coming to an end?

Originally posted on www.domain.com.au by Eliza Owen The national rental vacancy rate was steady over September, at 1.9 per cent. This is a reflection of most capital city markets, with five cities showing no change in the rate over September. The national rental vacancy rate was steady over September, at 1.9 per cent. This is …

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Who makes the final decision on tenant selection?

“Who makes the final decision on the tenant selection if an owner has their property managed by an agent? Does the Property Manager offer a suggestion to the owner?”  We asked Co-Founder and COO of Rent360, Penelope Valentine for her advice: “The property manager’s job is to ensure they thoroughly check each tenant application,” Penelope said. “They need to look at …

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Should you replace your property manager?

Throughout his journey of creating a nine-property portfolio, Eric Wu has made sure to engage property professionals in order to make the best decisions and ultimately achieve his financial goals. One of the most important parts of his financial team are property managers, who oversee the maintenance of his properties as well as the operations associated with …

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How to choose the right manager for your investment property

How to choose the right manager for your investment property A Melbourne landlord and his property manager have been dragged through a specialist tribunal disputing allegations from an angry tenant wanting $10,000 compensation because of a barking dog, leaking pipes and faulty locks. The case highlights the need for landlords and their managers to resolve tenants’ complaints, respond to …

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Landlords Reveal Their Most Common Fears

Landlords Reveal Their Most Common Fears While property investment can be an attractive wealth creation strategy, it is not without its risks. “From our experience, arrears, maintenance issues and having an unoccupied property are some of the most common fears for new, prospective and experienced landlords alike,” said Carolyn Parrella, executive manager of Terri Scheer …

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