Having trouble managing your investment property?

Worry no more because property managers exist!

In our recent article, you’ll learn about the important things that property managers do to look after your property.

Your property manager plays an important role in running your property investment.

Sometimes though, you’ll wonder what exactly they do, and how they maximise your investment.

An excellent property manager will take care of almost everything you need around your property!

We’ve outlined a few more things in our recent article that will help you know all about property managers.

The new year has just begun, and if you aim to build your wealth, then it’s the perfect time to build your property portfolio!

We listed some factors to keep in mind to effectively grow your portfolio.

From keeping it balanced to the things you can take advantage of!

Are you looking to expand your real estate portfolio this year?

Well, I can’t blame you for that; after all, it’s one of the keys to building your wealth!

There are things you can do to help grow your portfolio this year…

We’ve outlined some factors to help you effectively build your portfolio.

It’s definitely Spring now, and that means two things:

1. It’s time to switch to iced coffee, AND
2. It’s time to get your air conditioner serviced!

If you own an investment property, and you’ve got ____________ (ABC Realty) looking after it for you, we can arrange BOTH of these things for you.

Here’s how…

Start with the coffee (because, well, priorities, right?)

Head straight to ______________ (favourite café) and ask for _______________ (specialty ABC Realty iced coffee order) and they’ll do _________________ (list special offer that your local café has agreed to)

Then, it’s time to get that air conditioner serviced.

Call your property manager at ______________ (ABC Realty) and we’ll get our tradies onto it!

Starting at just $______________ (list the price of a basic air con service) it’s 100% tax deductible and will make your air conditioner work beautifully once Summer arrives!

Don’t have time to call us?  Comment below, and we’ll get it sorted for you!

Investor Tip

Make sure you have a cash buffer to be able to cope with vacancy, repairs and maintenance.

Investor Tip

If you buy a property with someone else, you might only own 50% of the property, but you probably are 100% responsible for the loan repayments!

Q. How to set financial and investment goals?

A. Make them SMART! (Specific, Measurable, Attainable, Relevant, Time sensitive)

Do you receive our monthly landlord newsletter?

Want to see how it all comes together?

First, we get the articles together, and put them into a pretty document ready to send out to you…

Did you want our latest copy?

Send us a DM and we’ll get it out to you!

A lot of people don’t know this, but here at __________ (AGENCY NAME) we offer this cool thing called the “Armchair Appraisal” (CALL IT WHATEVER YOU PREFER)

It’s perfect for you if you’re thinking about buying another investment property or even if you’re not 100% sure you’re getting enough rent on your property.

We use this cool piece of software to input all the details of your property, and then compare it to other properties that have rented in your area, then give you a rent price in a ____ (NUMBER OF PAGES) report!

It’s the perfect way to make sure you’re getting the best rent price, even if we don’t manage your property!

Want a copy of your own “Armchair Appraisal”?

4 Reasons Why You Shouldn’t Buy An Investment Property In Your Suburb

1. Concentrated Risk – especially if you already own one property in the area
2. Emotions – you’ve got to leave emotions out of an investment decision
3. Your Goals – your goals must be the priority over a location you love
4. Time – it’s easy to make a fast decision on a property in your suburb, rather than spending extra time doing research on wider suburbs

Have you been sitting at home, minding your own business, when BAM!

All the power points stop working?

Your toaster – not working.

Your fridge – not working.

Your kettle – not working.

Lights are still on, but NONE of the power points are working at all!

We get these phone calls all the time from our tenants, and there’s usually a simple trick to fixing it, without even needing to send an electrician to your house.

Here’s what we ask our tenants to do.

First, we get them to go out to the power box and check if one of the safety switches has flicked off.

If it has, then we ask them to unplug all their appliances from the power points.

Then, we get them to go back to the power box and turn the safety switch back on.

And finally, we get all the appliances plugged back in, one by one, to figure out which appliance caused the fault.

Mostly, it’s just the toaster or the kettle that has become faulty and is throwing the power.

And it’s time for a new kettle or toaster!

And 9 times out of 10, this fixes the problem!

Without even sending an electrician out to the property!

Easy peasy!

4 Benefits of Rentvesting

1. Increased Lifestyle Choices
2. Opportunities for Younger Buyers
3. Increased Flexibility
4. Tax Deductions

Want to save money on your tax return this year?

Ask your Property Manager to organise a depreciation report on your investment property.

What influences property values?

1. Local property market performance
2. Population and demographics
3. Local employment opportunities

Have you heard about the magic photo formula?

There’s a magic photo formula for advertising a rental property!

Yes, we’re serious!  There’s an actual formula!

It’s actually a “bedroom to photo” ratio.

What that means is, when it’s time to find a new tenant for your investment property, you need great photos to attract a great tenant.

So, we apply the “bedroom to photo” ratio.

This means, for every number of bedrooms your property has, we include, at least, _______ (NUMBER OF PHOTOS) in our advertising campaign.

Got a 2 bedroom unit? That’s (at least) ________ (NUMBER OF) photos.

Got a 3 bedroom townhouse? That’s (at least) ________ (NUMBER OF) photos.

Got a 5 bedroom mansion? That’s (at least) ________ (NUMBER OF) photos.

And that’s how we do it here at ____________ (AGENCY NAME)

Want to try our magic photo formula?

Send us a DM and we’ll show you how it’s done!

What do tenants look for in an apartment?

You need to make sure your property is close to shopping centres, schools, public transport options and lifestyle amenities such as restaurants and cafes. These factors are essential in attracting tenants, but it’s also important when it comes time to sell your investment property.

What improvements should you make to your investment property right now?

Paintwork – Remember to look at both inside and outside the property and plan for painting as required.

Window Furnishings – Keep your property looking fresh with functional blinds and curtains.  Sometimes just a simple dry-clean can be enough to freshen them up.

Flooring – Keep your floor coverings in great condition.  Easy care floors are the way to go, if you need to replace them.

Appliances – New appliances can increase the appeal of your property, especially if you’re looking for a new tenant.

4 Things to Organise BEFORE Tax Time Arrives

1. Check your Insurances to make sure you’re getting the best cover
2. Review your credit cards to make sure you’re getting competitive rates and loyalty programs
3. Check your rental prices to make sure you’re pricing is fair and in line with the market. This will help you keep great tenants.
4. Review your loan interest rates and payment options

Thinking of buying an investment property sometime soon?

So, what do you need to consider when you’re buying your first (or next) investment property?

Here are 3 things to consider:

1.   Your long-term financial plans. If you haven’t spent time with your accountant and financial planner yet, now is the time. Get clear on your financial goals and get some great advice from those professionals. Need an awesome accountant? Go see __________ (@TAG YOUR FAVOURITE ACCOUNTANT).  And if you need an amazing financial planner, book some time in with __________ (@TAG YOUR FAVOURITE FINANCIAL PLANNER).
2.   The rental market.  Get to know a great property manager in the area you’re looking to purchase and get advice on the local rental market from that property manager.  Need someone awesome? Send us a message – we got you covered! 😉
3.   Your borrowing capacity.  It’s time to find out what you can borrow. Book an appointment with _____________ (@TAG YOUR FAVOURITE MORTGAGE BROKER) and discover what you can borrow.

Getting yourself sorted right now will set you up to be ready to purchase your first (or your next) investment property and set yourself up for the future.

How is Lenders Mortgage Insurance (LMI) calculated?

LMI is calculated in different ways, depending on the insurer. Your premiums will vary based on your loan amount, deposit amount, loan type and your employment status. Some property investment websites have LMI estimators, which can help you weigh up different options. The amazing team at _____________ (TAG YOUR FAVOURITE MORTGAGE BROKER) can help you calculate yours!

Have you ever wondered if you’ve got a leak at your place?

You know, you get your water bill, and it’s waaaaay bigger than you expected!

I mean, sure, water isn’t as cheap as it used to be, but there’s still a chance you could have a leak somewhere.

It’s easy to figure out for yourself though, and it takes about 5 minutes.

Here’s the 2 steps you take to figure out if you’ve got a water leak:

Step 1 – Start by turning off ALL the taps in your house – including the washing machine, the fridge (if you have it connected to water), the automatic sprinkler system, and even the tap connected to your toilet.

Step 2 – Run out to your water meter (which is probably at the front of your block) and check to see if it’s ticking over.  If it’s ticking over and the numbers are going up, that means it’s sending water into your house somewhere.  And if all your taps are definitely turned off, you might have a water leak somewhere.

So, if you discover that you might have a water leak, and you rent through us here at ____________ (AGENCY NAME), make sure you __________ (LOG A MAINTENANCE REQUEST WITH US/SEND US A REPAIR REQUEST FORM/CLICK ON THE “REPAIR” BUTTON ON OUR WEBSITE/SEND US A MESSAGE) so we can get it checked for you right away!

Oh, and one more step!

Remember to turn your toilet water back on… or you’ll be in for a surprise the next time someone uses your toilet! 😂

There are 3 things I’ve noticed about the most successful property investors we work with.

1. They plan.
2. They work with professionals.
3. And they’re not afraid to spend money.

Let me break this down for you.

Property Investors Plan.

This means that before they buy an investment property, they do research on the area, they map out their budget, and they create long term plans for wealth creation. And quite often, their plans are 10, 20 years or even longer!

If you need help with this planning and research part of the journey, give us a shout. We’ve got a new property investor planning pack we can send you! (MODIFY THIS SENTENCE TO MATCH THE “LEAD MAGNET” YOU CAN SEND SOMEONE – IT COULD BE A CHECKLIST, A GUIDE, A PACK, A VIDEO SERIES, A WEBINAR, ANYTHING)

Property Investors work with Professionals.

The challenge with investing in property is that there are so many variables. And you can’t possibly be expected to know all the things. So the most successful property investors have a few key professionals on their team:

•  A mortgage broker – not just for the initial purchase of the property, but someone who will review their loan every 1-2 years and make sure they’re getting the best deal available. If you’re looking for a great mortgage broker, go say hi to ___________ (@TAG LOCAL MORTGAGE BROKER) and they’ll help you out!
•  An accountant – even before you buy an investment property, you want to make sure you’re getting the best tax advice so you’re set up for success with your investment property. Want an accountant who knows their stuff with investment properties? Check out ____________ (@TAG LOCAL ACCOUNTANT) and get your free first consultation (MODIFY THAT LAST SENTENCE DEPENDING ON THE ACCOUNTANT YOU TAG)
• A property manager – whether you’re looking for your first investment property, or you already have a portfolio of investment properties, you need a property manager who knows how to do a few important things:
  – How to calculate your annual yield on an investment property
  – How to help you cashflow forecast expenses
  – How to minimise vacancy (especially during difficult times like we’ve been through recently)
  – How to maximise annual returns, factoring in all expenses and all vacancy.

Remember, if you need someone who can help you with these important things on your investment property, hit us up with a message and we’ll help you out!

Property Investors Spend Money

Now, I don’t mean splashing money about willy-nilly. But the most successful property investors understand that properties require a combination of pro-active AND re-active maintenance, so they plan for those expenses.

Successful property investors work with their accountant and property manager to ensure that they know exactly how much money to allocate for spending each year and how to manage their cashflow wisely.

Want help with your property investment forecasting? Send us a message and we’ll send you through our annual expenses checklist! (MODIFY THIS SENTENCE TO MATCH THE “LEAD MAGNET” YOU CAN SEND SOMEONE – IT COULD BE A CHECKLIST, A GUIDE, A PACK, A VIDEO SERIES, A WEBINAR, ANYTHING)

Do you know how to calculate monthly rent?

You might be thinking that monthly rent is just 4 weeks rent, right?

But, if your property manager tells you this, they’re short changing you as a landlord.

It’s a little more complicated than just 4 weeks rent, but it’s a figure you need to know, if you’re going to allow your tenant to pay their rent monthly.

Here’s how we calculate monthly rent here at ____________ (YOUR AGENCY NAME).

Take the weekly rent and divide it by 7 days.

Take that daily rent amount and multiply it by 365 days for the year (366 if we’re in a leap year 😉 )

Then take that big yearly amount and divide it by 12 months.

Taa daa!!!

You’ve got your monthly rent!

And it’s more than 4 weeks rent, isn’t it?

Don’t get short-changed if your tenant is going to pay their rent monthly!

Do the maths, and you’ll be glad!

You’re special, you know that?

If you’re a property investor, you’re part of the (approximately) 8% of Australians who own an investment property.

And if you’re planning to buy an investment property soon, you’ll get to be part of that 8% too (although, we know you’re special too 😉)

So whether you’re already a property investor…

Or you’re planning on investing in property soon…

Be sure to grab our free PDF guide on ___________ (NAME OF GUIDE OR CHECKLIST) so you get the best results from your investment.

Here’s the link to grab the guide. (PUT THE LINK HERE)

How many photos does it take to prepare a condition report?

Here’s a clue…

Its hundreds!

You know, before a tenant moves into your investment property, we prepare a condition report to ensure that your tenant leaves the property exactly the same way they found it (with fair wear and tear, of course).

But sometimes a written report just isn’t enough.

So, before a tenant moves into your investment property, we take at least ________ (NUMBER OF PHOTOS) of the whole house (inside and outside!) to make sure your investment property is protected.

Want to see an example of our reports and photos?

Shoot us a DM and we’ll send you an example!

Seriously, you might be surprised at how detailed these reports and photos are!

But you’ll be thrilled when it protects your investment property!

3 Things You MUST Have in Your Investment Property

If you own an investment property here in ___________ (city/town).

Or maybe you’re thinking of buying an investment property here in the next 12 months.

There are 3 things you’ve gotta have in your investment property that will make it sooooooo much easier for you to get a great tenant (and a great return on your investment too!)

Now, obviously, aside from the legal and safety requirements for an investment property, here are the ____________ (NUMBER OF) things you need:

**I’VE PUT A COUPLE OF IDEAS FOR YOU HERE – YOU SELECT THE ONES THAT ARE GOING TO BEST SUIT YOUR AREA/MARKET OR ADD YOUR OWN! **

Number 1 – Air Conditioning

If you want to find a great tenant and keep them over this Summer, you need to have air conditioning in your property.  In fact, we find that properties in __________ (CITY/TOWN) with air conditioning tend to rent in ________ (NUMBER OF DAYS) on average, compared to properties without air conditioning that take closer to __________ (NUMBER OF DAYS) to rent.

Number 2 – Neutral Colour Scheme

While it can be tempting to throw a feature wall in Pantone’s colour of the year… But please don’t!  Sure, the colour might be trending, but it’s actually easiest to get higher rent prices when your investment property has a neutral colour scheme.

If you really want to use some trending colours in your investment property, ask your property manager to organise virtual furniture in your marketing photos and include pops of trendy colours in there.  That way, you won’t be making permanent colour decisions in your actual décor.

Number 3 – Street Number

This might sound silly, but not every house or apartment is clearly marked with their street number!

And in a world of working from home and online shopping, it’s very important that your property is clearly labelled with your street number.  In fact, if it’s not, you might be missing out on good quality tenants!

So, check your letterbox, or your apartment building to make sure that the number is clearly visible.

Number 4 – Up to date handles

Regardless of how old your kitchen or bathroom is, doing a quick update on your cupboard handles make ALL the difference to the feel of these two rooms.

So, check the handles in your investment property and get them replaced with up to date (and affordable) alternatives to make your kitchen and bathroom look fresh and modern.

Number 5 – Outdoor lighting.

Now, this doesn’t mean you need fancy outdoor lights, or even sensor lights that switch on when someone walks past.  You just need to have some kind of lighting to help you tenants get from their car to their front door.

If you own an investment property in a modern apartment complex, you’re probably all sorted with this one. But if you own a free-standing house and your garage or carport is separate to the house, you want to have some kind of lighting to help your tenants safely get inside at night.

Number 6 – Easy-care gardens

Whether you have a huge backyard, or a tiny little courtyard, you want to make it easy for your tenants to care for the gardens.  In fact, if you have really fancy gardens, this can discourage tenants from applying for your property.  They’re just worried that they won’t be able to look after your gardens well.

So make your gardens easy to care for OR include a gardening service as part of the lease agreement!

Need help getting these sorted for your investment property?

Shoot us a DM!

**REMEMBER TO SELECT THE ITEMS THAT WORK FOR YOUR MARKET AND YOUR AUDIENCE – OR ADD DIFFERENT OPTIONS! **

Q. What is Capital Gains Tax?

A. Capital Gains Tax (CGT) is a levy that you need to pay on the capital gains you make from the sale of an asset (Any asset!  Not just property!)

Q. Can you live in a property if you buy it in your self-managed super fund?

A. No.  You have to rent it out in the regular rental market

Q. What is Landlord Insurance

A. Landlord insurance is an insurance you take as a property investor, and it often protects you against items like loss of rent, accidental or malicious damage and other expenses associated with your investment property *

(*remember, each individual policy varies, so check your own PDS to see what your policy covers)

Q. What is Rental Yield

A. The income on an investment property after expenses have been subtracted

True or False?

You HAVE to allow pets in your rental property.

If you own an investment property here in ________________ (STATE) it’s ____________ (TRUE/FALSE)!

You ___________ (DO/DO NOT) have to allow pets in your investment property.

**EXPLAIN YOUR STATE/TERRITORY’S LAWS ON KEEPING PETS AT RENTAL PROPERTIES, AND EXPLAIN WHAT THE OBLIGATION OF THE TENANT IS IF THEY DO HAVE PETS AT THE PROPERTY**

But here’s the great news!

We know that pets are part of the family, so when we take a rental application, we also take a pet application form too!

That way, we always know exactly who is living in your investment property (including the furry family members!)

So, did you guess right?

Did you guess true or false?

Reminder:

You need to check your smoke alarms!

Well, not you personally…

But you need to get them checked.

Did you know that here in ____________ (STATE) you’re required to ______________ (EXPLAIN THE REQUIREMENTS FOR SMOKE ALARM MAINTENANCE)

So, now we’re smack-bang in the middle of Summer…

And we’re right in bush-fire season…

(even if your house isn’t technically high risk).

You need to make sure you’ve got a professional checking your smoke alarms every year.

What does that mean?

It means that, if you’re one of our landlord clients, we’ve got you covered!

We work with the awesome team at _______________ (@TAG SMOKE ALARM COMPANY/ELECTRICIAN) to take care of all the smoke alarms at your property.

And it’s only about $____________ (PRICE) per year!

Need help with your smoke alarms?

Send us a DM, and we can get it sorted for you!

Have you got your copy of this yet? 👇

If you’ve been wondering about _______________ (HOW TO GET A NEW TENANT FOR YOUR INVESTMENT PROPERTY FAST/HOW TO GET THE BEST RETURNS ON YOUR INVESTMENT PROPERTY/WHAT QUESTIONS TO ASK A PROPERTY MANAGER BEFORE YOU HIRE THEM), then you’ve gotta get your hands on this!

We’ve created a free report on ____________ (TITLE OF FREE REPORT) and you can grab your copy right here:

_______________ (LIST URL WHERE THE FREE REPORT/LEAD MAGNET CAN BE DOWNLOADED)

In this report you’ll discover:

✅ KEY POINT

✅ KEY POINT

✅ KEY POINT

So grab your copy for free right here __________ (URL)

Q. What is Rent-Vesting?

A. Rent-Vesting is renting where you live, and then buying an investment property elsewhere

When was the last time you checked your rental returns?

There are 3 keys you need to check when you’re looking at your rental returns:

1️⃣  Rent coming in each year

You want to make sure that you’re achieving optimised gross rent each year. This means, reviewing the rent at least annually (sometimes even more often).

So when was the last time you had a rent review on your investment property?

2️⃣  Regular maintenance expenses

Sure, you’re going to have regular expenses on your investment property.

Rates

Insurance

Interest and fees from your bank

Minor repairs

Pest treatments

Smoke alarm maintenance

The usual.

Make sure you’ve got these expenses mapped out into your cashflow plan so that they don’t take you by surprise. In fact, you’re best to work with your property manager to help map these out in to your annual plan so that those bills can be covered by your gross rent.

Need help with creating this cashflow plan? Shoot us a message and we can help out.

3️⃣  Capital expenses

These are the big expenses, like:

Hot water system

Carpets

Painting

Kitchen or bathroom renovation

The truth is, if you hang onto you investment property for 7-10 years (or more), you’re probably going to have to put your hand into your pocket to cover these expenses.

So, work with your property manager to ensure that you’re not surprised by these expenses and even factor them into your cashflow plan.

And remember to depreciate these capital expenses in your tax return!

Need help with this cashflow planning?

Send us a DM and we can help get you organised!

Why did you invest in property?

Was it because you bought another family home and rented out your first home?

Was it because you wanted to set up your family for the future?

Was it to help give your kids financial security?

Was it because you didn’t want to sell your first house, so you rented it out instead?

Whatever your reason for investing in property here in _____________ CITY/TOWN we’re so thrilled you’re doing it.

And if you need extra tips and advice on investing in property, give this post a LIKE/DOUBLE TAP and turn on notifications for our account so you don’t miss a thing!

Q. What are the most common mistakes investors make?

A. Not prioritising your debt, 2. Forgetting depreciation, 3. Not increasing rent, 4. Leaving your property vacant, 5. Self-managing your property.

Q. What is Property Staging?

A. Property staging is the preparation of property for sale or rent in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers or tenants, with the goal of selling or renting it as quickly as possible, and for the best price.

Just when you think it’s over…

Maybe it isn’t just yet…

So the lease on your investment property is coming to an end.

But what does that mean?

Does it mean that your tenant automatically has to move out on that day?

Or can they stay in your property?

You might not know that in __________ (LIST YOUR STATE) when a lease expires______________ EXPLAIN WHAT HAPPENS IN YOUR OFFICE WHEN A LEASE EXPIRES. OUTLINE HOW MUCH NOTICE YOU NEED TO GIVE IF YOU WANT YOUR TENANT TO LEAVE OR WHAT HAPPENS IF YOU WANT TO KEEP YOUR TENANT.  HERE’S AN EXAMPLE:

In fact, if you want your tenant to move out, you have to give them______ (DAYS/MONTHS) notice before their lease ends.

But what if you’ve got a great tenant and you want to keep them?

We highly recommend that, before your lease expires, you offer your tenants a new lease to sign and secure them as your tenants for another fixed period of time.  It’s a great way to offer security for you and your tenants!

Do you have a lease expiring soon?

Want us to help?

Send us a DM here and we can help you negotiate your lease ending or renewing!

Before and after

Have you seen this?

Have you ever looked at a property ad online and thought “oh dear… that place looks awful”

Well, it’s probably not an awful property, its probably just awful photos!

Truth is, there’s an simple way to make a property look great, but most PMs don’t do it!

Here at ___________ (AGENCY NAME) we use __________ (@TAG PHOTOGRAPHER) to do a pro photo shoot on your property so it looks as amazing as it really is!

And great photos mean you’ll attract great tenants!

When was the last time you had a photo shoot at your investment property?

What happens when your tenant moves out?

If you’ve got a property and your tenant is moving out soon, you probably need to be prepared for what happens once they move out.

Here’s what happens when our tenants move out:

EXPLAIN THE PROCESS OF A TENANT MOVING OUT AND WHAT YOUR OFFICE DOES TO ENSURE THAT THE PROPERTY IS LEFT IN THE SAME CONDITION.

So, if your property is about to become vacant, and you want help making sure that your tenants leave your property in the same condition they found it (subject to wear and tear of course!), send us a DM and we can help you!

Why do we ask for sooooooo much information on a tenancy application?

The truth is, when you apply to rent a property through our office, we’re considering giving you the keys to a property, so we need to double check so many things.

Here are the things we need to check:

Your Identification – we need to ensure that we can identify you, so that when we draw up a lease agreement we list all the adults and their legal names on the agreement.

Your Income – we know this is very personal information to ask, and we are careful to keep this information very secure.  Just as a bank would check your income to make sure you can pay for a mortgage, we need to do the same thing to check that you can pay the rent.

Your History – if you’ve rented before, we’ll want to check your rental history. But don’t stress if you haven’t rented before. We can talk to you about verifying your history in other ways.

So even though it feels like so much work to apply for a rental property, we’ll do everything we can to make it as painless as possible!

Have you got any questions about applying for a rental property?

Let us know in the comments below!

When was the last time you had a rent review on your investment property?

The market has changed a lot in the last 12 months, so you need to check the rental returns on your property.

So, how do you complete a rent review?

It’s a 3 step process.

Step 1 – List the features of the property.

This means, how many bedrooms, bathrooms, garages, carports, off-street parking, built in wardrobes, laundry facilities, appliances and more.

Step 2 – Assess the age of the features in the property

How modern the property is has a big impact on the rent you can achieve. So assessing the age of the property and its features is very important.

Step 3 – Compare it to other similar properties in your area.

Run a report showing all the other similar properties in your area.  It’s important to compare the basic features of the property (bedrooms/bathrooms/car accommodation) as well as the additional features (like built in wardrobes, appliances, etc), and also the age of the property and its features.

You’ll also want to check how long other properties in your area took to secure a tenant as this will also help you determine the rent for your property too.

So, sure, you can do the 3 steps yourself (if you want).

Or, you can send us a DM and we’ll use our special software to do it all for you and send you back your updated rent review.

Want an updated rent review on your property?

Send us a DM now!

What’s happening in the market?

I’m glad you asked!

Here’s a little snapshot of what’s been happening in ____________ (LIST YOUR CITY/TOWN/SUBURB)

Median rents on houses have gone from __________ (OLD PRICE) to (NEW PRICE)

Median rents on units have gone from __________ (OLD PRICE) to (NEW PRICE)

So what does this mean for you?

GIVE A BRIEF EXPLANATION OF WHAT’S HAPPENING IN THE MARKET, WHETHER IT’S GOING UP OR DOWN, AND WHAT IMPACT THAT HAS ON INVESTORS.

Want an update on your particular property?

Send us a message and we’ll get you a free rental report.

Want to see behind the scenes?

Before a tenant moves into one of our properties, we conduct a full inspection of the home.

And, while we always create a written report (that’s required by law).

We also include hundreds of photos with this report.

Now, it might seem over the top with all these photos.

But, it saves so much stress later on!

Because, if we have photos of everything inside (and outside) a property…

There’s never any doubt when the tenancy is over.

So, it’s a fair bit of work behind the scenes.

But it’s totally worth it in the end!

Want 5 tips for Tax Time?

1.   Ensure you declare ALL your income
2.   Keep all your receipts
3.   Claim capital works
4.   Pre-pay interest (if possible)
5. Work with a great accountant.

This might be our secret weapon in Property Management.

It’s the Magic Eraser, and that’s exactly what it is!

Magic!

This little block of foam gets marks off walls, scuffs off the inside of wardrobes, grime off power points!

It’s amazing!

Our team carry a few of these wherever we go, just in case.

Do you have a secret weapon like this?

IF YOU’RE NOT A FAN OF THE MAGIC ERASER, TALK ABOUT ANOTHER SECRET WEAPON YOU USE IN PM (MICROFIBER CLOTH, CHUX, SPRAY ‘N’ WIPE, A SPONGE WITH A FEW CUTS IN IT TO CLEAN WINDOW TRACKS)

If any of your investment properties are at risk of termite infestation, there are things you can do to protect your property proactively. The best way to prevent termites is by first understanding what attracts these pests in the first place.

The Top 5 Tips for Renovating Your Investment Property

1. Set your budget
2. Talk to body corporate (if you own a strata title property)
3. Make a project list
4. Keep your neighbours informed
5. Be mindful of fixtures and fittings

Q. Why should you allow pets in your investment property?

A. Around 90% of Australian households have had pets at some time. You’ll get a better selection of tenants if you consider allowing pets.

Having trouble managing your investment property?

Worry no more because property managers exist!

In our recent article, you’ll learn about the important things that property managers do to look after your property.

Your property manager plays an important role in running your property investment.

Sometimes though, you’ll wonder what exactly they do, and how they maximise your investment.

An excellent property manager will take care of almost everything you need around your property!

We’ve outlined a few more things in our recent article that will help you know all about property managers.

The new year has just begun, and if you aim to build your wealth, then it’s the perfect time to build your property portfolio!

We listed some factors to keep in mind to effectively grow your portfolio.

From keeping it balanced to the things you can take advantage of!

Are you looking to expand your real estate portfolio this year?

Well, I can’t blame you for that; after all, it’s one of the keys to building your wealth!

There are things you can do to help grow your portfolio this year…

We’ve outlined some factors to help you effectively build your portfolio.

It’s definitely Spring now, and that means two things:

1. It’s time to switch to iced coffee, AND
2. It’s time to get your air conditioner serviced!

If you own an investment property, and you’ve got ____________ (ABC Realty) looking after it for you, we can arrange BOTH of these things for you.

Here’s how…

Start with the coffee (because, well, priorities, right?)

Head straight to ______________ (favourite café) and ask for _______________ (specialty ABC Realty iced coffee order) and they’ll do _________________ (list special offer that your local café has agreed to)

Then, it’s time to get that air conditioner serviced.

Call your property manager at ______________ (ABC Realty) and we’ll get our tradies onto it!

Starting at just $______________ (list the price of a basic air con service) it’s 100% tax deductible and will make your air conditioner work beautifully once Summer arrives!

Don’t have time to call us?  Comment below, and we’ll get it sorted for you!

Investor Tip

Make sure you have a cash buffer to be able to cope with vacancy, repairs and maintenance.

Investor Tip

If you buy a property with someone else, you might only own 50% of the property, but you probably are 100% responsible for the loan repayments!

Q. How to set financial and investment goals?

A. Make them SMART! (Specific, Measurable, Attainable, Relevant, Time sensitive)

Do you receive our monthly landlord newsletter?

Want to see how it all comes together?

First, we get the articles together, and put them into a pretty document ready to send out to you…

Did you want our latest copy?

Send us a DM and we’ll get it out to you!

A lot of people don’t know this, but here at __________ (AGENCY NAME) we offer this cool thing called the “Armchair Appraisal” (CALL IT WHATEVER YOU PREFER)

It’s perfect for you if you’re thinking about buying another investment property or even if you’re not 100% sure you’re getting enough rent on your property.

We use this cool piece of software to input all the details of your property, and then compare it to other properties that have rented in your area, then give you a rent price in a ____ (NUMBER OF PAGES) report!

It’s the perfect way to make sure you’re getting the best rent price, even if we don’t manage your property!

Want a copy of your own “Armchair Appraisal”?

4 Reasons Why You Shouldn’t Buy An Investment Property In Your Suburb

1. Concentrated Risk – especially if you already own one property in the area
2. Emotions – you’ve got to leave emotions out of an investment decision
3. Your Goals – your goals must be the priority over a location you love
4. Time – it’s easy to make a fast decision on a property in your suburb, rather than spending extra time doing research on wider suburbs

Have you been sitting at home, minding your own business, when BAM!

All the power points stop working?

Your toaster – not working.

Your fridge – not working.

Your kettle – not working.

Lights are still on, but NONE of the power points are working at all!

We get these phone calls all the time from our tenants, and there’s usually a simple trick to fixing it, without even needing to send an electrician to your house.

Here’s what we ask our tenants to do.

First, we get them to go out to the power box and check if one of the safety switches has flicked off.

If it has, then we ask them to unplug all their appliances from the power points.

Then, we get them to go back to the power box and turn the safety switch back on.

And finally, we get all the appliances plugged back in, one by one, to figure out which appliance caused the fault.

Mostly, it’s just the toaster or the kettle that has become faulty and is throwing the power.

And it’s time for a new kettle or toaster!

And 9 times out of 10, this fixes the problem!

Without even sending an electrician out to the property!

Easy peasy!

4 Benefits of Rentvesting

1. Increased Lifestyle Choices
2. Opportunities for Younger Buyers
3. Increased Flexibility
4. Tax Deductions

Want to save money on your tax return this year?

Ask your Property Manager to organise a depreciation report on your investment property.

What influences property values?

1. Local property market performance
2. Population and demographics
3. Local employment opportunities

Have you heard about the magic photo formula?

There’s a magic photo formula for advertising a rental property!

Yes, we’re serious!  There’s an actual formula!

It’s actually a “bedroom to photo” ratio.

What that means is, when it’s time to find a new tenant for your investment property, you need great photos to attract a great tenant.

So, we apply the “bedroom to photo” ratio.

This means, for every number of bedrooms your property has, we include, at least, _______ (NUMBER OF PHOTOS) in our advertising campaign.

Got a 2 bedroom unit? That’s (at least) ________ (NUMBER OF) photos.

Got a 3 bedroom townhouse? That’s (at least) ________ (NUMBER OF) photos.

Got a 5 bedroom mansion? That’s (at least) ________ (NUMBER OF) photos.

And that’s how we do it here at ____________ (AGENCY NAME)

Want to try our magic photo formula?

Send us a DM and we’ll show you how it’s done!

What do tenants look for in an apartment?

You need to make sure your property is close to shopping centres, schools, public transport options and lifestyle amenities such as restaurants and cafes. These factors are essential in attracting tenants, but it’s also important when it comes time to sell your investment property.

What improvements should you make to your investment property right now?

Paintwork – Remember to look at both inside and outside the property and plan for painting as required.

Window Furnishings – Keep your property looking fresh with functional blinds and curtains.  Sometimes just a simple dry-clean can be enough to freshen them up.

Flooring – Keep your floor coverings in great condition.  Easy care floors are the way to go, if you need to replace them.

Appliances – New appliances can increase the appeal of your property, especially if you’re looking for a new tenant.

4 Things to Organise BEFORE Tax Time Arrives

1. Check your Insurances to make sure you’re getting the best cover
2. Review your credit cards to make sure you’re getting competitive rates and loyalty programs
3. Check your rental prices to make sure you’re pricing is fair and in line with the market. This will help you keep great tenants.
4. Review your loan interest rates and payment options

Thinking of buying an investment property sometime soon?

So, what do you need to consider when you’re buying your first (or next) investment property?

Here are 3 things to consider:

1.   Your long-term financial plans. If you haven’t spent time with your accountant and financial planner yet, now is the time. Get clear on your financial goals and get some great advice from those professionals. Need an awesome accountant? Go see __________ (@TAG YOUR FAVOURITE ACCOUNTANT).  And if you need an amazing financial planner, book some time in with __________ (@TAG YOUR FAVOURITE FINANCIAL PLANNER).
2.   The rental market.  Get to know a great property manager in the area you’re looking to purchase and get advice on the local rental market from that property manager.  Need someone awesome? Send us a message – we got you covered! 😉
3.   Your borrowing capacity.  It’s time to find out what you can borrow. Book an appointment with _____________ (@TAG YOUR FAVOURITE MORTGAGE BROKER) and discover what you can borrow.

Getting yourself sorted right now will set you up to be ready to purchase your first (or your next) investment property and set yourself up for the future.

How is Lenders Mortgage Insurance (LMI) calculated?

LMI is calculated in different ways, depending on the insurer. Your premiums will vary based on your loan amount, deposit amount, loan type and your employment status. Some property investment websites have LMI estimators, which can help you weigh up different options. The amazing team at _____________ (TAG YOUR FAVOURITE MORTGAGE BROKER) can help you calculate yours!

Have you ever wondered if you’ve got a leak at your place?

You know, you get your water bill, and it’s waaaaay bigger than you expected!

I mean, sure, water isn’t as cheap as it used to be, but there’s still a chance you could have a leak somewhere.

It’s easy to figure out for yourself though, and it takes about 5 minutes.

Here’s the 2 steps you take to figure out if you’ve got a water leak:

Step 1 – Start by turning off ALL the taps in your house – including the washing machine, the fridge (if you have it connected to water), the automatic sprinkler system, and even the tap connected to your toilet.

Step 2 – Run out to your water meter (which is probably at the front of your block) and check to see if it’s ticking over.  If it’s ticking over and the numbers are going up, that means it’s sending water into your house somewhere.  And if all your taps are definitely turned off, you might have a water leak somewhere.

So, if you discover that you might have a water leak, and you rent through us here at ____________ (AGENCY NAME), make sure you __________ (LOG A MAINTENANCE REQUEST WITH US/SEND US A REPAIR REQUEST FORM/CLICK ON THE “REPAIR” BUTTON ON OUR WEBSITE/SEND US A MESSAGE) so we can get it checked for you right away!

Oh, and one more step!

Remember to turn your toilet water back on… or you’ll be in for a surprise the next time someone uses your toilet! 😂

There are 3 things I’ve noticed about the most successful property investors we work with.

1. They plan.
2. They work with professionals.
3. And they’re not afraid to spend money.

Let me break this down for you.

Property Investors Plan.

This means that before they buy an investment property, they do research on the area, they map out their budget, and they create long term plans for wealth creation. And quite often, their plans are 10, 20 years or even longer!

If you need help with this planning and research part of the journey, give us a shout. We’ve got a new property investor planning pack we can send you! (MODIFY THIS SENTENCE TO MATCH THE “LEAD MAGNET” YOU CAN SEND SOMEONE – IT COULD BE A CHECKLIST, A GUIDE, A PACK, A VIDEO SERIES, A WEBINAR, ANYTHING)

Property Investors work with Professionals.

The challenge with investing in property is that there are so many variables. And you can’t possibly be expected to know all the things. So the most successful property investors have a few key professionals on their team:

•  A mortgage broker – not just for the initial purchase of the property, but someone who will review their loan every 1-2 years and make sure they’re getting the best deal available. If you’re looking for a great mortgage broker, go say hi to ___________ (@TAG LOCAL MORTGAGE BROKER) and they’ll help you out!
•  An accountant – even before you buy an investment property, you want to make sure you’re getting the best tax advice so you’re set up for success with your investment property. Want an accountant who knows their stuff with investment properties? Check out ____________ (@TAG LOCAL ACCOUNTANT) and get your free first consultation (MODIFY THAT LAST SENTENCE DEPENDING ON THE ACCOUNTANT YOU TAG)
• A property manager – whether you’re looking for your first investment property, or you already have a portfolio of investment properties, you need a property manager who knows how to do a few important things:
  – How to calculate your annual yield on an investment property
  – How to help you cashflow forecast expenses
  – How to minimise vacancy (especially during difficult times like we’ve been through recently)
  – How to maximise annual returns, factoring in all expenses and all vacancy.

Remember, if you need someone who can help you with these important things on your investment property, hit us up with a message and we’ll help you out!

Property Investors Spend Money

Now, I don’t mean splashing money about willy-nilly. But the most successful property investors understand that properties require a combination of pro-active AND re-active maintenance, so they plan for those expenses.

Successful property investors work with their accountant and property manager to ensure that they know exactly how much money to allocate for spending each year and how to manage their cashflow wisely.

Want help with your property investment forecasting? Send us a message and we’ll send you through our annual expenses checklist! (MODIFY THIS SENTENCE TO MATCH THE “LEAD MAGNET” YOU CAN SEND SOMEONE – IT COULD BE A CHECKLIST, A GUIDE, A PACK, A VIDEO SERIES, A WEBINAR, ANYTHING)

Do you know how to calculate monthly rent?

You might be thinking that monthly rent is just 4 weeks rent, right?

But, if your property manager tells you this, they’re short changing you as a landlord.

It’s a little more complicated than just 4 weeks rent, but it’s a figure you need to know, if you’re going to allow your tenant to pay their rent monthly.

Here’s how we calculate monthly rent here at ____________ (YOUR AGENCY NAME).

Take the weekly rent and divide it by 7 days.

Take that daily rent amount and multiply it by 365 days for the year (366 if we’re in a leap year 😉 )

Then take that big yearly amount and divide it by 12 months.

Taa daa!!!

You’ve got your monthly rent!

And it’s more than 4 weeks rent, isn’t it?

Don’t get short-changed if your tenant is going to pay their rent monthly!

Do the maths, and you’ll be glad!

You’re special, you know that?

If you’re a property investor, you’re part of the (approximately) 8% of Australians who own an investment property.

And if you’re planning to buy an investment property soon, you’ll get to be part of that 8% too (although, we know you’re special too 😉)

So whether you’re already a property investor…

Or you’re planning on investing in property soon…

Be sure to grab our free PDF guide on ___________ (NAME OF GUIDE OR CHECKLIST) so you get the best results from your investment.

Here’s the link to grab the guide. (PUT THE LINK HERE)

How many photos does it take to prepare a condition report?

Here’s a clue…

Its hundreds!

You know, before a tenant moves into your investment property, we prepare a condition report to ensure that your tenant leaves the property exactly the same way they found it (with fair wear and tear, of course).

But sometimes a written report just isn’t enough.

So, before a tenant moves into your investment property, we take at least ________ (NUMBER OF PHOTOS) of the whole house (inside and outside!) to make sure your investment property is protected.

Want to see an example of our reports and photos?

Shoot us a DM and we’ll send you an example!

Seriously, you might be surprised at how detailed these reports and photos are!

But you’ll be thrilled when it protects your investment property!

3 Things You MUST Have in Your Investment Property

If you own an investment property here in ___________ (city/town).

Or maybe you’re thinking of buying an investment property here in the next 12 months.

There are 3 things you’ve gotta have in your investment property that will make it sooooooo much easier for you to get a great tenant (and a great return on your investment too!)

Now, obviously, aside from the legal and safety requirements for an investment property, here are the ____________ (NUMBER OF) things you need:

**I’VE PUT A COUPLE OF IDEAS FOR YOU HERE – YOU SELECT THE ONES THAT ARE GOING TO BEST SUIT YOUR AREA/MARKET OR ADD YOUR OWN! **

Number 1 – Air Conditioning

If you want to find a great tenant and keep them over this Summer, you need to have air conditioning in your property.  In fact, we find that properties in __________ (CITY/TOWN) with air conditioning tend to rent in ________ (NUMBER OF DAYS) on average, compared to properties without air conditioning that take closer to __________ (NUMBER OF DAYS) to rent.

Number 2 – Neutral Colour Scheme

While it can be tempting to throw a feature wall in Pantone’s colour of the year… But please don’t!  Sure, the colour might be trending, but it’s actually easiest to get higher rent prices when your investment property has a neutral colour scheme.

If you really want to use some trending colours in your investment property, ask your property manager to organise virtual furniture in your marketing photos and include pops of trendy colours in there.  That way, you won’t be making permanent colour decisions in your actual décor.

Number 3 – Street Number

This might sound silly, but not every house or apartment is clearly marked with their street number!

And in a world of working from home and online shopping, it’s very important that your property is clearly labelled with your street number.  In fact, if it’s not, you might be missing out on good quality tenants!

So, check your letterbox, or your apartment building to make sure that the number is clearly visible.

Number 4 – Up to date handles

Regardless of how old your kitchen or bathroom is, doing a quick update on your cupboard handles make ALL the difference to the feel of these two rooms.

So, check the handles in your investment property and get them replaced with up to date (and affordable) alternatives to make your kitchen and bathroom look fresh and modern.

Number 5 – Outdoor lighting.

Now, this doesn’t mean you need fancy outdoor lights, or even sensor lights that switch on when someone walks past.  You just need to have some kind of lighting to help you tenants get from their car to their front door.

If you own an investment property in a modern apartment complex, you’re probably all sorted with this one. But if you own a free-standing house and your garage or carport is separate to the house, you want to have some kind of lighting to help your tenants safely get inside at night.

Number 6 – Easy-care gardens

Whether you have a huge backyard, or a tiny little courtyard, you want to make it easy for your tenants to care for the gardens.  In fact, if you have really fancy gardens, this can discourage tenants from applying for your property.  They’re just worried that they won’t be able to look after your gardens well.

So make your gardens easy to care for OR include a gardening service as part of the lease agreement!

Need help getting these sorted for your investment property?

Shoot us a DM!

**REMEMBER TO SELECT THE ITEMS THAT WORK FOR YOUR MARKET AND YOUR AUDIENCE – OR ADD DIFFERENT OPTIONS! **

Q. What is Capital Gains Tax?

A. Capital Gains Tax (CGT) is a levy that you need to pay on the capital gains you make from the sale of an asset (Any asset!  Not just property!)

Q. Can you live in a property if you buy it in your self-managed super fund?

A. No.  You have to rent it out in the regular rental market

Q. What is Landlord Insurance

A. Landlord insurance is an insurance you take as a property investor, and it often protects you against items like loss of rent, accidental or malicious damage and other expenses associated with your investment property *

(*remember, each individual policy varies, so check your own PDS to see what your policy covers)

Q. What is Rental Yield

A. The income on an investment property after expenses have been subtracted

True or False?

You HAVE to allow pets in your rental property.

If you own an investment property here in ________________ (STATE) it’s ____________ (TRUE/FALSE)!

You ___________ (DO/DO NOT) have to allow pets in your investment property.

**EXPLAIN YOUR STATE/TERRITORY’S LAWS ON KEEPING PETS AT RENTAL PROPERTIES, AND EXPLAIN WHAT THE OBLIGATION OF THE TENANT IS IF THEY DO HAVE PETS AT THE PROPERTY**

But here’s the great news!

We know that pets are part of the family, so when we take a rental application, we also take a pet application form too!

That way, we always know exactly who is living in your investment property (including the furry family members!)

So, did you guess right?

Did you guess true or false?

Reminder:

You need to check your smoke alarms!

Well, not you personally…

But you need to get them checked.

Did you know that here in ____________ (STATE) you’re required to ______________ (EXPLAIN THE REQUIREMENTS FOR SMOKE ALARM MAINTENANCE)

So, now we’re smack-bang in the middle of Summer…

And we’re right in bush-fire season…

(even if your house isn’t technically high risk).

You need to make sure you’ve got a professional checking your smoke alarms every year.

What does that mean?

It means that, if you’re one of our landlord clients, we’ve got you covered!

We work with the awesome team at _______________ (@TAG SMOKE ALARM COMPANY/ELECTRICIAN) to take care of all the smoke alarms at your property.

And it’s only about $____________ (PRICE) per year!

Need help with your smoke alarms?

Send us a DM, and we can get it sorted for you!

Have you got your copy of this yet? 👇

If you’ve been wondering about _______________ (HOW TO GET A NEW TENANT FOR YOUR INVESTMENT PROPERTY FAST/HOW TO GET THE BEST RETURNS ON YOUR INVESTMENT PROPERTY/WHAT QUESTIONS TO ASK A PROPERTY MANAGER BEFORE YOU HIRE THEM), then you’ve gotta get your hands on this!

We’ve created a free report on ____________ (TITLE OF FREE REPORT) and you can grab your copy right here:

_______________ (LIST URL WHERE THE FREE REPORT/LEAD MAGNET CAN BE DOWNLOADED)

In this report you’ll discover:

✅ KEY POINT

✅ KEY POINT

✅ KEY POINT

So grab your copy for free right here __________ (URL)

Q. What is Rent-Vesting?

A. Rent-Vesting is renting where you live, and then buying an investment property elsewhere

When was the last time you checked your rental returns?

There are 3 keys you need to check when you’re looking at your rental returns:

1️⃣  Rent coming in each year

You want to make sure that you’re achieving optimised gross rent each year. This means, reviewing the rent at least annually (sometimes even more often).

So when was the last time you had a rent review on your investment property?

2️⃣  Regular maintenance expenses

Sure, you’re going to have regular expenses on your investment property.

Rates

Insurance

Interest and fees from your bank

Minor repairs

Pest treatments

Smoke alarm maintenance

The usual.

Make sure you’ve got these expenses mapped out into your cashflow plan so that they don’t take you by surprise. In fact, you’re best to work with your property manager to help map these out in to your annual plan so that those bills can be covered by your gross rent.

Need help with creating this cashflow plan? Shoot us a message and we can help out.

3️⃣  Capital expenses

These are the big expenses, like:

Hot water system

Carpets

Painting

Kitchen or bathroom renovation

The truth is, if you hang onto you investment property for 7-10 years (or more), you’re probably going to have to put your hand into your pocket to cover these expenses.

So, work with your property manager to ensure that you’re not surprised by these expenses and even factor them into your cashflow plan.

And remember to depreciate these capital expenses in your tax return!

Need help with this cashflow planning?

Send us a DM and we can help get you organised!

Why did you invest in property?

Was it because you bought another family home and rented out your first home?

Was it because you wanted to set up your family for the future?

Was it to help give your kids financial security?

Was it because you didn’t want to sell your first house, so you rented it out instead?

Whatever your reason for investing in property here in _____________ CITY/TOWN we’re so thrilled you’re doing it.

And if you need extra tips and advice on investing in property, give this post a LIKE/DOUBLE TAP and turn on notifications for our account so you don’t miss a thing!

Q. What are the most common mistakes investors make?

A. Not prioritising your debt, 2. Forgetting depreciation, 3. Not increasing rent, 4. Leaving your property vacant, 5. Self-managing your property.

Q. What is Property Staging?

A. Property staging is the preparation of property for sale or rent in the real estate marketplace. The goal of staging is to make a home appealing to the highest number of potential buyers or tenants, with the goal of selling or renting it as quickly as possible, and for the best price.

Just when you think it’s over…

Maybe it isn’t just yet…

So the lease on your investment property is coming to an end.

But what does that mean?

Does it mean that your tenant automatically has to move out on that day?

Or can they stay in your property?

You might not know that in __________ (LIST YOUR STATE) when a lease expires______________ EXPLAIN WHAT HAPPENS IN YOUR OFFICE WHEN A LEASE EXPIRES. OUTLINE HOW MUCH NOTICE YOU NEED TO GIVE IF YOU WANT YOUR TENANT TO LEAVE OR WHAT HAPPENS IF YOU WANT TO KEEP YOUR TENANT.  HERE’S AN EXAMPLE:

In fact, if you want your tenant to move out, you have to give them______ (DAYS/MONTHS) notice before their lease ends.

But what if you’ve got a great tenant and you want to keep them?

We highly recommend that, before your lease expires, you offer your tenants a new lease to sign and secure them as your tenants for another fixed period of time.  It’s a great way to offer security for you and your tenants!

Do you have a lease expiring soon?

Want us to help?

Send us a DM here and we can help you negotiate your lease ending or renewing!

Before and after

Have you seen this?

Have you ever looked at a property ad online and thought “oh dear… that place looks awful”

Well, it’s probably not an awful property, its probably just awful photos!

Truth is, there’s an simple way to make a property look great, but most PMs don’t do it!

Here at ___________ (AGENCY NAME) we use __________ (@TAG PHOTOGRAPHER) to do a pro photo shoot on your property so it looks as amazing as it really is!

And great photos mean you’ll attract great tenants!

When was the last time you had a photo shoot at your investment property?

What happens when your tenant moves out?

If you’ve got a property and your tenant is moving out soon, you probably need to be prepared for what happens once they move out.

Here’s what happens when our tenants move out:

EXPLAIN THE PROCESS OF A TENANT MOVING OUT AND WHAT YOUR OFFICE DOES TO ENSURE THAT THE PROPERTY IS LEFT IN THE SAME CONDITION.

So, if your property is about to become vacant, and you want help making sure that your tenants leave your property in the same condition they found it (subject to wear and tear of course!), send us a DM and we can help you!

Why do we ask for sooooooo much information on a tenancy application?

The truth is, when you apply to rent a property through our office, we’re considering giving you the keys to a property, so we need to double check so many things.

Here are the things we need to check:

Your Identification – we need to ensure that we can identify you, so that when we draw up a lease agreement we list all the adults and their legal names on the agreement.

Your Income – we know this is very personal information to ask, and we are careful to keep this information very secure.  Just as a bank would check your income to make sure you can pay for a mortgage, we need to do the same thing to check that you can pay the rent.

Your History – if you’ve rented before, we’ll want to check your rental history. But don’t stress if you haven’t rented before. We can talk to you about verifying your history in other ways.

So even though it feels like so much work to apply for a rental property, we’ll do everything we can to make it as painless as possible!

Have you got any questions about applying for a rental property?

Let us know in the comments below!

When was the last time you had a rent review on your investment property?

The market has changed a lot in the last 12 months, so you need to check the rental returns on your property.

So, how do you complete a rent review?

It’s a 3 step process.

Step 1 – List the features of the property.

This means, how many bedrooms, bathrooms, garages, carports, off-street parking, built in wardrobes, laundry facilities, appliances and more.

Step 2 – Assess the age of the features in the property

How modern the property is has a big impact on the rent you can achieve. So assessing the age of the property and its features is very important.

Step 3 – Compare it to other similar properties in your area.

Run a report showing all the other similar properties in your area.  It’s important to compare the basic features of the property (bedrooms/bathrooms/car accommodation) as well as the additional features (like built in wardrobes, appliances, etc), and also the age of the property and its features.

You’ll also want to check how long other properties in your area took to secure a tenant as this will also help you determine the rent for your property too.

So, sure, you can do the 3 steps yourself (if you want).

Or, you can send us a DM and we’ll use our special software to do it all for you and send you back your updated rent review.

Want an updated rent review on your property?

Send us a DM now!

What’s happening in the market?

I’m glad you asked!

Here’s a little snapshot of what’s been happening in ____________ (LIST YOUR CITY/TOWN/SUBURB)

Median rents on houses have gone from __________ (OLD PRICE) to (NEW PRICE)

Median rents on units have gone from __________ (OLD PRICE) to (NEW PRICE)

So what does this mean for you?

GIVE A BRIEF EXPLANATION OF WHAT’S HAPPENING IN THE MARKET, WHETHER IT’S GOING UP OR DOWN, AND WHAT IMPACT THAT HAS ON INVESTORS.

Want an update on your particular property?

Send us a message and we’ll get you a free rental report.

Want to see behind the scenes?

Before a tenant moves into one of our properties, we conduct a full inspection of the home.

And, while we always create a written report (that’s required by law).

We also include hundreds of photos with this report.

Now, it might seem over the top with all these photos.

But, it saves so much stress later on!

Because, if we have photos of everything inside (and outside) a property…

There’s never any doubt when the tenancy is over.

So, it’s a fair bit of work behind the scenes.

But it’s totally worth it in the end!

Want 5 tips for Tax Time?

1.   Ensure you declare ALL your income
2.   Keep all your receipts
3.   Claim capital works
4.   Pre-pay interest (if possible)
5. Work with a great accountant.

This might be our secret weapon in Property Management.

It’s the Magic Eraser, and that’s exactly what it is!

Magic!

This little block of foam gets marks off walls, scuffs off the inside of wardrobes, grime off power points!

It’s amazing!

Our team carry a few of these wherever we go, just in case.

Do you have a secret weapon like this?

IF YOU’RE NOT A FAN OF THE MAGIC ERASER, TALK ABOUT ANOTHER SECRET WEAPON YOU USE IN PM (MICROFIBER CLOTH, CHUX, SPRAY ‘N’ WIPE, A SPONGE WITH A FEW CUTS IN IT TO CLEAN WINDOW TRACKS)

If any of your investment properties are at risk of termite infestation, there are things you can do to protect your property proactively. The best way to prevent termites is by first understanding what attracts these pests in the first place.

The Top 5 Tips for Renovating Your Investment Property

1. Set your budget
2. Talk to body corporate (if you own a strata title property)
3. Make a project list
4. Keep your neighbours informed
5. Be mindful of fixtures and fittings

Q. Why should you allow pets in your investment property?

A. Around 90% of Australian households have had pets at some time. You’ll get a better selection of tenants if you consider allowing pets.