The upside to considering pets.

The upside to considering pets.

Posted by Michelle

Pets…. Aussies love them. The RSPCA estimates that 63% of households have a furry, feathered or scaly family member. But how difficult is it to rent a home when you own a pet? Chances are many landlord clients have them too. But when it comes to allowing pets into their investment properties, a lot of property owners say no to pets out of concern. The main areas of concern are with odours, noise, litigation and damage which are fair reasons to reject the pet. As a result, we see a…

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How to face your property fears head on

How to face your property fears head on

Posted by Michelle

Real estate cycles come and go, but one fact always remains true – there is no exact science to property investing. As much as we would like to believe we are able to control every part of the process, the reality is that investing in property is rarely a bump-free journey. However, you can minimise your risks, which includes having clear strategies to help you deal with unexpected situations and setbacks when they arise.

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A Merry Christmas Message from Management

A Merry Christmas Message from Management

Posted by Michelle

2016 has been another great year @home and while we are excited for the year ahead with what we have planned, we would like to take a moment reflect on what we have achieved. in 2016 we gained over 182 new Clients which is our largest growth year yet. We were awarded Property Management Office of the year at the Australian Real Estate Business Awards and Claudine Church took our BDM of the year for 2016. We are currently managing close to 750 quality rental properties across Launceston and we have an awesome team of twelve talented people taking care of them. Here are some statistics you may find interesting:

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How to choose the best Property Manager that will cost you the least.

How to choose the best Property Manager that will cost you the least.

Posted by Michelle

I have been faced with the fee objection once or twice (probably thousands of times) over the years. It is generally the first question most investors ask when looking for a property manager. It is understandable that investors are concerned with the outgoings, after all, the return on investment must be sustainable long term, and it needs to be an asset, not a liability. The thing is, selecting a property manager is not like comparing interest rates, where we understand that the rates are controlled by the Reserve Bank to a certain degree. We also know we can negotiate with the bank if they don’t “come to the party”. The difference is, there is a very important service behind property management. Unless you are an investor who has experienced poor property management service, it is likely that we all appear much the same. The glossy brochures, print media, video marketing and websites suggest that the service provided or promised are essentially the same. So in this case, the only decision the investor needs to make is who will offer the best deal on fees.

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What is considered “Reasonable Wear & Tear”

What is considered “Reasonable Wear & Tear”

Posted by Michelle

Wear and tear is a topic that has different perceptions and it can often be a grey area when dealing with different issues. As property managers is it our responsibility to Act for the property owner first and foremost however we also must act within the rules of tenancy legislation and the guidelines provided by the Residential Tenancy Commissioner.   Below is an extract from the Residential Tenancy Commissioner's guidelines around wear and tear.   Reasonable wear and tear A tenant is…

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Launceston Rental Market Update

Launceston Rental Market Update

Posted by Michelle

The Launceston rental market is showing positive signs of recovery with record low vacancy rates and rising market rents. Our office has consistently recorded a vacancy rate under 1% for the September Quarter with an average days on market being 18 days and the average days vacant 10 days. Our office is currently outperforming the overall market reporting on average 36 days on market. Suburbs high in demand currently; South Launceston, Newstead, Norwood, East Launceston, and Central Launceston. The demand on 2 bedroom units is still strong with the average rent for a 2 bedroom unit $250 per week. For a more modern villa unit/townhouse with garaging, up to $320 per week. 1 bedroom flats and co-joined units are fetching between $140 and $180 per week.

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What’s New @home?

What’s New @home?

Posted by Michelle

We are always looking at how we can improve the delivery of our service and the value we offer to our clients. We believe our greatest responsibility as managing agents is to maintain the property to ensure the capital value is maximised and also to manage the risks.   We are currently trialling a new mobile app inspection report program called Inspection Manager. This new technology allows us to complete routine inspections plus ingoing and outgoing inspections on a mobile device which…

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Important Update for Property Owners on Maintenance & Repairs

Important Update for Property Owners on Maintenance & Repairs

Posted by Michelle

Since the introduction of the amended Residential Tenancy Act, there has been a significant increase in tenants terminating rental agreements due to the owner’s failure to attend within the prescribed time frame under the Act. It is important that as a property owner you are aware of your obligation to maintain the premises as near as possible to the condition at the commencement allowing for normal wear and tear. Tenants have more access to information and advice about their rights and some will use this section of the act to their advantage.

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@home take out 2 National Awards in 2016!

@home take out 2 National Awards in 2016!

Posted by Michelle

In June 2016 the team @home attended one of the largest industry awards programs sponsored by realestate. com, the reb awards. We were proud to attend as a finalist in 2 major categories, Property Management Business of the Year and an individual award BDM of the year (Claudine Church). The team represented Tasmania up against hundreds of entrants across the nation with a combination of independants, large franchise organisations and boutique agencies. It is fair to say we were all…

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