Our Blog – The PM Files
With more than 27 years combined experience in real estate in Toowoomba, both Rebecca and Simone love to share things they have learned along the way – little things that can make a big difference in your real estate journey.
Simone and Rebecca have both rented, bought, built, sold and invested in property on the Darling Downs and they are both licenced Real Estate Agents. They have been involved with hundreds of properties each year for over 12 years and whilst there are some very funny stories along the way, there have been some sad and frustrating stories.
If you have a question that you would like answered, feel free to drop us an email or give us a call. We’re happy to help where we can.
Changing Rental Agents?
Changing Rental Agents? 5 Common Questions and Answers Changing property managers is less painful than you think. In most cases, the transfer can occur within 30 days and have very little impact on your tenants. In this blog, we breakdown the 5 most commonly asked questions when changing agents. What impact does changing …
Toowoomba Floods – What Have We Learnt?
Toowoomba Floods – What Have We Learnt? With the 10 year anniversary of the Toowoomba floods, many tenants and owners are asking “what have we learned?”. From my personal experience of that day- it was scary, unbelievable and something I do not ever want to go through again. But from the whole experience, I learned that it …
Are You Missing the Money Boat?
Are you missing the money boat? Whether you have purchased an established or brand-new investment property, maximising the value from your property is a top priority What is property depreciation? Tax depreciation is a tax deduction claimed for the natural wear and tear of an income-producing building and its …
3 Tips to Help Get Your Pet Approved
3 Tips to Help Get Your Pet Approved Did you know that 61% of households in Australia own a pet according to RSPCA? (updated 6 March 2020) Unfortunately for pet owners that need to rent, their furry, feathered or scaly companions can make it difficult to find a new home when the time …
5 Maintenance Must Dos for Landlords
5 Maintenance Must Dos for Landlords Spring-time is a fantastic time of year. Flowers are out in bloom and Toowoomba comes alive for the Carnival of Flowers. With so much happening, it is often forgotten that Spring is the start of the summer storms. Storms can cause a lot of damage, as we …
Separation or Divorce
Separation or Divorce Did you know that there are over 40,000 divorces in Australia every year? Any marriage or couple break up can be a difficult time for everyone involved. This can be even more problematic when there are contracts/leases involved. One of the most common questions …
Think you have insurance, think again
Think you have insurance, think again Insurance is one of those necessities in life where you are damned if you do and damned if you don’t. We pay premiums for years and never make a claim, but come the time that you do have to make a claim, you can get a nasty surprise …
6 Reasons Tenants Leave
6 Reasons Tenants Leave A vacant property can and does affect not only your cash flow but your yield. A quality property manager and a solid marketing plan can help find a tenant quickly. But often, being aware of why a tenant is leaving can save you the added costs of securing …
10 Warning Signs It’s Time to Change Property Managers
10 Warning Signs It’s Time to Change Property Managers Having an investment property is a great investment and long term financial plan. Ensuring you have a good team assisting with the set up and management of this investment is the key to success. A good financial planner, accountant and property manager are the 3 essential …
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How Important Is the Entry Condition Report?
HOW IMPORTANT IS THE ENTRY CONDITION REPORT? Completing a thorough entry condition report may seem like a tedious task, particularly when you are in the middle of moving. However, this document is one of the most important documents in your tenancy. The Entry Condition Report is the basis of the condition of the property when …
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Tips for Sharing a House
Sharing a house? – Here are 6 Tips Before Signing a Lease. Agree on everything BEFORE signing the lease. Many tenants decide to share accommodation with a friend or colleague after viewing some properties that are just out of financial reach. Suddenly, the thought that halving the rent with someone could mean you can afford a …
Environmentally Conscious
Environmentally Conscious A world of energy efficient appliances and strategies is here. We need to be more conscious than ever before of saving money and protecting the environment. Not just for ourselves and our own homes, but for our tenants and investment properties. Here are a few tips to help in the home: Switch to …
How To Protect Yourself With Email Read Receipts
Have you ever played Chinese Whispers? One person says a sentence, which is repeated as it passed along the line, eventually coming to the last person. When you compare the first sentence to the last it is always vastly different- but how do people get it wrong? Misunderstandings, misinterpretations, miscommunication and some details being more …
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Oh it’s not my dog – I’m pet sitting
In the property management industry – this can be code for, I forgot the inspection and am covering for the fact that we bought a dog and didn’t ask. Sometimes it might actually be that they have a family member who needed their fur baby sat for a small amount of time. There are often tell-tale …
9 Reasons Why You Need Professional Photos Of Your Investment Property
If you’re looking to rent your out your property, professional photos are a small investment that will pay for themselves many times over. The Three P’s make all the difference in minimising your vacancy period – Position, Price and Presentation. Professional photos are essential for the 3rd ‘P’ – Presentation. Here are nine reasons why …
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