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...
by Rebecca Fogarty | Jan 23, 2024 | Communication Matters, Paperwork, Rental Market, Tenancy, When Things Go Wrong
One of the most common changes to a lease agreement is the change to the tenants listed on the agreement. When everyone agrees to this change, it can be a simple process however there are some main points to remember. To change co-tenants during a tenancy, you need...
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...
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...
by Rebecca Fogarty | Mar 11, 2022 | Help is Here, Landlord, Rental Market
We are fielding quite a few calls about the sales market and whether or not investors should sell their rental properties now or hold on for further increases. I wish we had a crystal ball prediction for you but this climate is something we have not seen before....
by Rebecca Fogarty | Jan 11, 2022 | Rental Market, Tenancy
The rental market is still very tight with only 234 properties available in Toowoomba (realestate.com.au as at 04/01/2022). Just to give context, generally this figure is more than 1000 at this time of year! So what is causing this irregular market? Well it could be a...