Discount Property Management Fees

Discount Property Management Fees

Posted by Michelle

The familiar saying ‘you get what you pay for’ is true. In property management there is a vast difference among the quality of service that is given, which can be as varied and different as the levels of fees that are charged. However, we need to understand that should we as an agent offer cheap fees, we also need to understand that we must expect this action will eventually convert into low and dissatisfactory service levels that cannot be sustained long term. How is this so? Here is simple step by step analysis of how cheap fees convert to poor service levels:

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Residential tenancy - Changes to residential tenancies in Tasmania during COVID-19

Residential tenancy - Changes to residential tenancies in Tasmania during COVID-19

Posted by Michelle

We can confirm that the Tasmanian Government has extended the COVID-19 pandemic emergency period to 30 September 2020. This means some protections initially put in place for residential tenants during the pandemic, and due to expire on 30 June 2020, are now extended for a further 90 days. There have been some amendments including the option for our office to recommence routine inspections after 30th June as long as we follow strict health measures which we will naturally adhere to.

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Why choose an Independent Property Manager?

Why choose an Independent Property Manager?

Posted by Michelle

With many business transactions, one of the most common mistakes consumers make is to take the easy option when it comes to referrals. We make the mistake of thinking everyone is going to give us good advice. The sad truth is, many people provide recommendations because there is something in it for them knowing it is not the best available option for you.

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Tax Time Tips

Tax Time Tips

Posted by Michelle

It is important that you take the time to carefully review your accounts and seek independent professional advice to assist you with preparing for tax time to avoid mistakes and costly fines. Following is an overview of what can be claimed*. Remember, you need to have documentation to support all of your claims.

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Residential tenancy - Changes to residential tenancies in Tasmania during COVID-19

Residential tenancy - Changes to residential tenancies in Tasmania during COVID-19

Posted by Michelle

The following information is to help people understand the changes to residential tenancies with the introduction of the COVID-19 Disease (Emergency Provisions) Act 2020. An immediate halt to termination by notice to vacate Any notice to vacate issued by an owner to a tenant is of no effect until 30 June 2020. This applies to a notice to vacate which has been issued to a tenant, where the tenant is yet to vacate, except: by agreement with the tenant, or if it is a non-fixed term…

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Give a little to save a lot

Give a little to save a lot

Posted by Michelle

There is an old saying “You will get what you give”. Owning investment properties is sometimes not about managing the property, but managing the people and problem solving.

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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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Do you need to Service Gas Appliances?

Do you need to Service Gas Appliances?

Posted by Michelle

In the UK it is a legal requirement for Landlords to have a Gas Safety Check carried out by a licensed Gasfitter every year. It is also a requirement for this to be done when a new tenant moves in. This is not a legal requirement in Australia yet however a few years ago there was a case in Melbourne where two children, living in a rented property died due to the effects of carbon monoxide poisoning. We also had a case here in Launceston where tenants of a rental property were admitted…

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The Hidden Costs of Capital Gains

The Hidden Costs of Capital Gains

Posted by Michelle

Are you thinking of selling your investment property? Don’t forget to factor in the cost of Capital Gains Tax (CGT). CGT is generally payable when you sell a property that is not your main home of residence and you make a financial gain.

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State Finalist in the Telstra Women’s Business Awards 2019

State Finalist in the Telstra Women’s Business Awards 2019

Posted by Michelle

CONGRATULATIONS to our Director Michelle Williams for being announced a finalist in the State Telstra Women’s Business Awards 2019. The Telstra Awards are the most prestigious business sector awards in the country so making it to this stage is a massive achievement. We wish her all the best in the 19th March when the winner is announced!

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