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How much should I spend on my rental property?

How much should I spend on my rental property?

by Rebecca Fogarty | Apr 11, 2024 | Checks and Balances, Landlord, My Wallets Looking Empty, Rental Market

There are many different factors to consider when setting a budget for maintenance on your investment property. The age of the home will play a large part in this decision. There are a number of formulas for maintenance, the most common is the 1% rule – which is the...
My Electricity Bill is Out of Control

My Electricity Bill is Out of Control

by Rebecca Fogarty | Jan 16, 2024 | My Wallets Looking Empty, Rental Market, Tenancy

We have had an increase recently of complaints about electricity bills increasing significantly in the past 6 months. Many tenants are checking in with their property managers thinking that there might be something wrong with their power supply or with the hot water...
I’m a Good Tenant, Why is My Rent Increasing?

I’m a Good Tenant, Why is My Rent Increasing?

by Rebecca Fogarty | Jan 9, 2024 | Boring but Essential, Checks and Balances, My Wallets Looking Empty, Rental Market, Tenancy

One of the biggest disputes we see as a property manager is over rental increases. We often hear: “I’m a good tenant, I pay rent on time and keep the property clean – why are they increasing the rent?” Or we hear: “The owners haven’t done anything to improve the...
Watch Your Water

Watch Your Water

by Rebecca Fogarty | Jun 27, 2023 | Boring but Essential, Checks and Balances, My Wallets Looking Empty, Tenancy

Toowoomba Regional Council held their special meeting recently to discuss many fees and charges. These new increases will mostly affect landlords and property owners but the water charges will affect tenants. The new water usage charges are: 1st tier – $3.09, 2nd Tier...

Recent Posts

  • Land Tax 101
  • How to Get Ready for Tax Time
  • Getting Your Investment Property Ready for Winter
  • How much should I spend on my rental property?
  • Changing Tenants During a Tenancy

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