Pet-friendly landlords can earn more in rent

Landlords – consider the pet-friendly route to a 10-15% rent premium!

If you have an investment property then you have an interest in the real estate market. If you have an interest in the real estate market then you’ll be fully aware of changes in recent months. The long-running seller’s market suddenly switched to a buyer’s market with prices sliding steadily over a few months.

A buyer’s market in sales translates to a tenant’s market in rentals. The pool of potential tenants decreases as more people opt to take advantage of falling prices and buy their own home. Add to this the enormous number of new apartments going up everywhere you look and supply is beginning to outstrip demand by some margin. Tenants have more to choose from and they’re becoming more selective and demanding.

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Is Your Tenant Illegally Subletting Your Investment?

The number of Australian’s renting is officially on the rise. While this is great news for residential property investors, it’s not the only thing heading north.

In recent years, tenants who are illegally subletting to strangers, especially tourists and holiday-makers has increased at an alarming rate, leaving the property owners exposed to a range of risks and costly consequences.

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Licensees Need a Real Estate Locum Too

Locum jobs are common-place in the medical and healthcare fields. Typically, a locum doctor will temporarily stand in for a permanent doctor when they are on leave. What about a real estate locum?

Recently, ‘locumming’ has become more common in other industry sectors, such as legal, pharmacy, business and namely real estate and property management.

Like many businesses, being the principal or licensee of a real estate agency can mean long hours and a lot of administration and paperwork.

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Should You Hire a Professional Property Manager?

Property management has been around since ancient Roman civilisation – where Grecian cities appointed men to manage properties and collect rents.

Fast forward to the modern day and the role of a property manager has without a doubt evolved to encompass far more than rent collection.

What has changed in recent years though, is the question of whether a landlord should self-manage or hire a professional property manager.

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Five most common complaints and concerns for landlords

As a landlord, you want the best tenants for your properties. But invariably, even the best tenants have demands. And responding to requests, queries and maintenance issues can be time-consuming and stressful. This is where a good property manager can assist.

Property managers are a third party that act as an intermediary between the landlord and the tenants. They listen to the complaints and concerns of tenants, and resolve issues to ensure both parties are happy.

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