Blog

Keeping Tenants Happy

Posted on April 1, 2015

Tenants are crucial to maintaining cash flow—’rent’. There can be a price paid for treating tenants poorly. They can become unhappy and uncooperative tenants during the tenancy, causing possible issues if the property was to be placed on the market for sale; difficulties with access for routine inspections, as well as the inspections required to re-let the property when the...
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The Price Trap

Posted on March 11, 2015

“How much will my property rent for?”, “What is it worth?”, “Should I increase the weekly rent? and if so , by how much?” These are the questions that we hear and provide appraisals and advice on every day. How much will my property rent for? Supply and demand determines the achievable rent of a property. When the demand of tenants is...
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SEASONS GREETINGS

Posted on December 2, 2013

May your holidays be happy days filled with love and laughter Any may each day bring joy your way in the year that follows after. We wish you and your family a safe, fun and relaxing time over the holiday period and look forward to a new and prosperous year. CHRISTMAS CLOSURE TIMES: 24th Dec closed from 2.00pm, 25th Dec Closed, 26th Dec...
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Quick Snips November 2013

Posted on November 2, 2013

Two months of sunshine is a wonderful tonic for a place that has had a tough time economically for the last couple of years. There are a lot of much happier accommodation managers and shop owners around the coast than there were only back in July. But it has been a cracker of a time with not even a...
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Quick Snips July 2013

Posted on July 1, 2013

Well June has thrown up it’s own mixed bag of weather to say the least. Two long weekends where one was miserable and one sensational. Two weeks of school holidays with the first week magnificent and the second week looking cyclonic. You just have to make sure that you make the most of the time when it is good because...
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CREATING WIN/WIN SITUATIONS

Posted on July 1, 2013

When owning, renting and managing investment properties you are dealing with people’s emotions, finances, housing security and general life situations. Owners require peace of mind that the property is being cared for and that the rent is being paid on time and tenants require a home to reside. In these tough economic times we are finding that pressures and emotions are...
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Quick Snips- March

Posted on March 1, 2013

There is a competition held in North Queensland each year where the towns of Tully, Innisfail and Cairns compete over which town receives the highest amount of rainfall with the winner holding the title of Golden Gumboot. Whilst we are not quite in the same league it has definitely been a wet February with 21 days of rain recorded with...
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Quick Snips October 2012

Posted on October 1, 2012

Hello All, Jay who normally writes this part of the Newsletter is enjoying a break and has travelled to Bali and Lakey Peak to try his skills in the waves there with one of our sales colleagues, Rob McBroom. Hopefully they will be able to share their story with you next month. This time of year is when we are...
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Coolum Holidays August 2012

Posted on August 10, 2012

The phones are ringing, the emails are rolling in & our inquiry & booking rates have really picked up this month! We continue to advertise all holiday properties on www.coolumholidays.com.au, www.coolum.com.au, www.stayz.com.au, www.rentahome.com.au, www.homeaway.com.au, The Courier Mail, Smorgasboader Magazine & also we have a Noosa Tourism Ad going through a Newspaper that is available throughout Australia & also New Zealand! With all...
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Quick Snips Febuary 2012

Posted on February 4, 2012

Well I think that the Coast just got the best Christmas present that it could possibly have asked for. Sitting here and looking back through the last two months I doubt very much that the planets could have aligned any better. Up until the last wet week in January we had a near perfect run of weather for relaxing and...
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Pending Property Maintenance

Posted on May 1, 2011

With the end of the financial year fast approaching (8 weeks to go) now is the time to consider actioning any pending property maintenance. A well maintained property will: Maximise your short-term rental return potential, Optimise long-term capital growth, Attract quality tenants and Reduce the possibility of tenancy turnovers. By attending to maintenance prior to the end...
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Quick Snips – April 2011

Posted on April 1, 2011

There sure has been a lot going on this year with floods across the country and disasters across the world so you can be excused for thinking that you might have missed the first three months of 2011. There definitely is a feeling with many people that they have missed out on any sort of break...
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Pool Safety Law Exemption

Posted on March 1, 2011

On 17 February 2011 the Queensland Parliament passed the Queensland Reconstruction Authority Act 2011 (QRAA). The QRAA has amended, amongst other legislation, the Building Act 1975 and more specifically, the laws pertaining to swimming pool safety certificate requirements in relation to rental properties with non-shared pools. The amendments, which apply retrospectively from 8 January 2011, are outlined below....
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Floods Are Devastating Unit Complexes

Posted on February 1, 2011

In the recent floods it became apparent to many people that they were indeed NOT covered with flood insurance. Unit complexes and Body Corporate are some of these victims who had not taken the time to read their policy documents and ensure full coverage. In fact, with Body Corporate, it is not an easy task to obtain flood insurance at...
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Quick Snips

Posted on January 1, 2011

See you later 2010 and Happy 2011 to everyone. Let’s hope for a year of less surprises than last year and a little bit of prosperity would also be nice. The weather was obviously the big talking point to finish off the end of the year. The saying that big droughts always finish with big floods is a hard one...
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Money Saving Tips

Posted on January 1, 2011

With Christmas, present buying, holidays and celebrations behind us, many home owners and investors are now faced with ‘The Bill – or credit card debit’ to manage in conjunction with mortgage payments. Many will agree that the last 12 months has been very challenging with regards to the economy, job security and property investment in general. Our property management team is aware and understands...
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Enforcing Pet By-Laws

Posted on October 1, 2010

The recent decision of a Gold Coast Resort shows that a by-law banning all pets will be overturned on adjudication for being oppressive and unreasonable. This resort had a pet by-law for a number of years which provided that an occupier or invitee must not, without the Body Corporate’s written approval, bring or keep an animal on a lot or...
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Is Your Property Ready For Digital TV?

Posted on October 1, 2010

Between 2010 and 2013, analog free-to-air TV signals in Australia are being switched off and replaced with digital-only signals. Landlords and property investors need to check now to make sure their properties are digital ready, to ensure tenants will be able to receive digital TV signals once the analog signals are switched off in their area. Your tenants will expect you...
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Swimming Pool Laws

Posted on September 1, 2010

Queensland’s swimming pool safety laws are undergoing the most comprehensive review in almost 20 years. The proposed changes will require pool owners to have a current compliance certificate certifying the pool meets safety standards. This certificate is likely to be required at time of lease or sale from December this year. In January 2009, an expert pool safety committee was established. The subsequent...
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QUICK SNIPS

Posted on June 1, 2010

I think we are all aware of the phrase “Timing is everything” and so it is again being proven by our local Coolum Councillor Vivien Griffen. a lot of hard work and community consultation has gone into developing a vision for Coolum’s Esplanade precinct to try and match or keep up with the changes created by new commercial and residential...
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Only 4 Weeks To Go…

Posted on June 1, 2010

With the financial year about to end is there anything that you have been putting off doing at your investment property? By attending to maintenance prior to the end of the financial year you can claim the tax benefit immediately in your tax return. It may also help reduce your taxable income if needed. It is important to note that...
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Property Presentation… GOOD LOOKS DO COUNT!

Posted on June 1, 2010

What type of tenant do you want to attract to your property? You should never underestimate how important property presentation is to the tenancy selection process. Good quality, clean and tidy tenants are normally attracted to good quality, clean and tidy properties. A property that appears a little run down or that could do with a clean will generally not appeal...
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Are You Pet Friendly?

Posted on April 1, 2010

A pet friendly property can generate more prospective tenant interest, achieve top market rental value and reduce vacancy periods… At some stage in our lives most of us have owned a pet. However, when it comes to renting out a property to tenants who have pets, we can often be cautious and in some cases refuse pets. There are many tenants...
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Attracting And Keeping Quality Tenants

Posted on March 1, 2010

There are a wide range of ideas and things that you can do with your rental property to attract and keep quality tenants, which we will be including in future newsletters. The one that we would like to share with you this month is the installation of reverse-cycle air conditioning. Tenants want to be comfortable in their home. They want...
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NEW POOL LAWS

Posted on January 1, 2010

As of 1 December 2009 the State Government implemented new pool safety regulations. Stage 1 of the new pool safety regime includes; Simplification of pool fencing laws to the latest pool fencing standards. Specifying standards for temporary fencing for pools under construction. Ensuring all new swimming pools undergo mandatory final inspection. Mandatory CPR signage that meets current best practice. Developing a...
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QUICK SNIPS

Posted on November 1, 2009

You can forget what I said last month about the surf gods forgetting that this was the time of year best known for the surf doldrums. They had just left them to happen in October. A great month for anyone with a surfboard to do any repairs, any maintenance around the house, and take the time to start storing as...
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Why Do I Need Contents Insurance?

Posted on November 1, 2009

Why does the Landlord Preferred Policy cover contents if the content items are the tenants responsibility? $ Why do Landlords need contents insurance if the property is unfurnished? The answer is that the Landlord does not pay for the tenants contents insurance; that is the tenants responsibility. The Landlord does need contents cover for items that the Landlord has left in...
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Free Roof Insulation

Posted on October 1, 2009

BE QUICK… DON’T MISS OUT – AS THERE IS LIMITED GOVERNMENT FUNDING $$$ This practical step will help households reduce their energy use, cut their power bills by around $200 a year, and increase the comfort and value of their homes. The Home Insulation Program offers ceiling insulation worth up to $1,600 to owner-occupiers, landlords and tenants. The program targets homes...
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We Want Your Business

Posted on July 1, 2009

Consolidating your investment properties to the one agency can make the financial management & communication process easy and stream-lined. If you have another property in our area and would like our agency to assist you with the transfer process to take away the stress of changing agents, we would be more than happy to do so while ensuring that your...
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Financial Year Statement

Posted on July 1, 2009

It is that time again & we wanted to remind all of our clients that you will receive your financial year statement in about a weeks time. You will see the fee for this statement has been processed but we always send this statement to you separate to the monthly rental statement. ...
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Residential Tenancies And Rooming Accommodation Ac

Posted on July 1, 2009

A new Act that changes some of the rules for renting houses, units, townhouses, caravans & other moveable dwellings starts on 1st July 2009 The Residential Tenancies and Rooming Accommodation Act 2008 combines & updates the existing laws that cover renting your home. The new Act was the result of an extensive review of the current laws which involved collaboration...
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We Want Your Business

Posted on June 1, 2009

Consolidating your investment properties to the one agency can make the financial management & communication process easy and stream-lined. If you have another property in our area and would like our agency to assist you with the transfer process to take away the stress of changing agents, we would be more than happy to do so while ensuring that your...
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Last Chance

Posted on June 1, 2009

With the financial year about to end is there anything that you have been putting of doing at your investment property? By attending to maintenance prior to the end of the financial year you can claim the tax benefit immediately in your tax return. It may also help reduce your taxable income if needed. It is important to note that...
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Does Your Investment Property Need…

Posted on May 1, 2009

If your rental property is vacant or your tenant is moving out this basic checklist will ensure that your property is let quickly & to a quality tenant! Our changing market comes with more & more available property for prospective tenants to choose from. We speak to prospective tenants everyday, they demand a property that is in a like new...
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QUICK SNIPS

Posted on March 1, 2009

I started last months newsletter with the words Thank God it’s February! Well this month we will kick it off with Thank God for February! It is very interesting to see how much one interest rate reduction can impact a market. The latest rate drop in February finally had the desired effect and buyers re-entered the market. I guess all of...
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INTRODUCTION OF NEW TENANCY LAW

Posted on March 1, 2009

The start of a new year heralds an evolution of Queensland’s rental legislation with the introduction of the Residential Tenancies and Rooming Accommodation Act 2008. The legislation is the result of collaboration between the Queensland and consumer groups. The Act is designed to ensure that tenancy law remains relevant in an ever changing rental sector. RTA General Manager, Fergus Smith, said...
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How To Increase Your Rental Yield…

Posted on February 1, 2009

The purpose of investing in property is to “make money” and provide “financial security”, which can be in the short term or long term. Investors will often have different objectives as to how and when they make their money. Some investors specifically want to make a loss on the property (negative gear) in the short term, to off-set their taxable...
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A Strong Rental Market Leads To Strong Investment

Posted on January 1, 2009

It has been a constant in the media – all time record low vacancy rates across Australia, rising rents, a high demand for rental properties by tenants, a 1% interest cut by the Reserve Bank (being the largest single rate cut in 16 years) and more to follow, an unstable stock market and a tight, cooling-off sales market. If you take...
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RENT ARREARS

Posted on December 1, 2008

December and January can be a trying month for rent arrears. With Christmas comes presents, with presents comes spending, with spending comes no money and as a final result, tenants tend to overlook rental payments. In preparation for this trying time of year, we have been adopting the approach of advising tenants that they should start paying a little extra each...
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TENANCY RENEWALS & SELLING YOUR PROPERTY

Posted on December 1, 2008

If you are considering selling your investment property now or in the near future the term of the tenancy agreement being offered to your tenants needs careful consideration. There are a few options to look at if your current tenancy agreement is due to expire and you may be selling your property now or in the near future. 1) Fixed term...
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Do You Have Other Investment Properties In Our Are

Posted on October 1, 2008

Consolidating your investment properties to the one agency can make the financial management & communication process easy and stream-lined. If you have another property in our area and would like our agency to assist you with the transfer process to take away the stress of changing agents, we would be more than happy to do so while ensuring that your...
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Quick Rental Tip!

Posted on October 1, 2008

As a property owner, you can maximise the process of attracting quality long-term tenants by ensuring that the property is comfortable to live in. HOME TEMPERATURE TIP Tenants are no different to property owners. They like their property to be cool in summer and warm in winter. If they experience discomfort during any of the seasons, this could lead to the...
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