Having the utmost respect for Property Managers, their professionalism and what they indeed have to contend with on a daily basis I am a little reluctant to post this story. But as with every industry, there are those individuals who fail to do the right thing. While a minority, it’s a sad fact that not all Property Managers have the industry, Landlords or Tenants’ best interest at heart. We were recently contacted by a nervous Tenant that had been...

For some interesting reading with the hidden intent of reminding you of the importance of regular inspections I set out to research some Landlord horror stories. Having been an inspector for years I’m always surprised at some of the tenant nightmares that some Landlords endure! Never Judge a Book by it’s Cover “Starting a Tenancy Agreement with a respectable looking, talking, working class couple and their 2 year old with solid references was a sigh...

Before you agree to bond release it is wise to have an exit inspection. And it is good practice to have that inspection completed by a reputable company that has no hidden agenda. You may have heard stories where the exit inspection was a farce – the so called ‘inspector’ did a quick walk-through, made several rudimentary notes and then left. There have also been cases where the ‘inspector’ was concerned about entering the premises or...

You’re sure to have heard the many Investment Property horror stories – indeed, they seem to circulate through the Landlord community at regular intervals making every property investor shudder. Here’s one that still makes me shake my head today. “We rented a house to a young lady who after a couple of months decided to stop paying the rent. Contacting her had no effect. Then her boyfriend moved in and proceeded to trash the place. He kicked...

At RPIA we appreciate how hard Property Managers work. Not only do they have to wear many hats in any given day – mediator, inspector, ‘the bearer of bad news’, paperwork manager, and more – they are also expected to pander to everyone’s idiosyncracies and points of view – landlord, agent, and tenant. Here are some of the challenges we’ve helped Property Managers with in the past… Awkward or Difficult Tenants More and...

As a Landlord, are you tired of giving your hard earned cash away to Mr. Tax Man? Then start claiming depreciation on your investment property. Tax Depreciation is a genuine tax deduction and one that is often missed by Landlords. In fact the ATO states some 52% of Landlords are not claiming what they are legally entitled to. You can even claim if positive gearing. To ensure you get the most tax deductions you’re entitled to, employ the services of a qualified...

Having a life and self managing investment properties is not always an easy path. Particularly if you work full-time and have a family. Many Rental Property Owners burn out as they struggle to balance rental inspections, the associated paperwork, and maintenance issues with work, family and keeping their own home in order. Why would you want to spend your weekends or evenings taking care of rental issues when you could be spending them with your family, having some...