1. Vetting Your Tenants: The Essential Guide For Property Managers When Taking On New Tenants

    A good property management office starts with the rule of vetting tenants properly. The aim of the leasing staff is not just to find a good tenant – it is to find a good tenant for the right property.

    Turning down the wrong applicant is the most important thing that you can do for both the tenant and the landlord. If the application process is thorough, in most instances you are able to confidently advise a landlord that you believe the tenant will be good. If you cannot confidently present the tenant to the landlord, then there is a good chance that you are selling the tenant not only to th

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  2. How To Compile A Great Tenancy Application

    With the new year on the horizon, you may be reconsidering your home for 2018. Whether you are seeking a change of scenery or looking to upgrade to a more upmarket property, it is essential to understand how best to stand out in Sydney’s competitive rental market.

    As experts in premium property management in the Eastern Suburbs for over 25 years, we appreciate the challenges tenants face when compiling tenancy applications. Although it can appear a complex and cumbersome endeavour, the key to securing your next property comes from delivering a professional and personable application.

    Prospec

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  3. How And When To Increase The Rent Without Conflict

    Increasing rent can be a pain-point for landlords and requires thoughtful consideration of the current market, your relationship with your tenants and the long-term repercussions of the action. These are some of our thoughts on rent increases and how to approach them.

    Know Your Rights and Responsibilities

    Before making any adjustments to rent, landlords must understand their obligations by law.

    In New South Wales, under the Residential Tenancies Act 2010 and Residential Tenancies Act Regulation 2010, a landlord can only increase rent if written notice of 60 days is given and in the event tha

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  4. The Pros And Cons Of Negative Gearing

    Property investment can be a positive way to build wealth and protect the financial security of your future. Whilst there are many investment strategies to explore, ‘gearing’ or borrowing funds to finance a property investment, is a strategy that many investors pursue.

    Negative gearing, when your investment property outgoings are higher than your incoming revenue on the property, is currently a highly topical aspect of the Australian property market. Whilst it can be a lucrative approach to investment, there are potential shortcomings that need to be taken into account prior to deciding to

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  5. Will the European Trend of Renting Forever Happen in Sydney?

    The long-ago dream of home-ownership is evolving and, for many, the prospect of saving enough money to get a foot in the property door is becoming more out of reach as property prices continue to soar – especially in the sought-after Sydney market.

    The so-called Generation Rent is dealing with a new reality – and the concept of renting into retirement years and beyond is a new experience that no other Australian generation has had to explore. Although the older generation of Australians has a strong foundation in home-ownership, data from the Australian Bureau of Statistics show th

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  6. Decorator Provides her Thoughts on the Best Finished for a Rental

    Considering refreshing or renovating your investment property? The way you present your property to the rental market can have a significant impact on securing a great tenant and rental return.

    According to Justine Wilson, Principal Stylist at Vault Interiors the key is to be conscious of making decisions based on personal taste if you do not plan to live in the property.

    Here are her top tips for decorating your investment property:

    1. Stick to neutral tones

    Select neutral colours that will appeal to a broader audience and be less likely to date.

    “A fresh coat of paint will brighten a room

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