Recent content by ACTInvestor

I would call their bluff and take them to the Tribunal. It won't cost you anything, but the PM has more to lose. Ask to see their mail book. My RE Agent (at least the Canberra one) keeps a written mail book so they look back to see when something was sent in case of this very situation (one of...

People, I don't know what you are reading but if the tenants are on a fixed term tenancy you can't just give them notice to leave because you want to move in. The only state you can do that is ACT - there is a specific posting clause inserted into the tenancy agreement for that. I already...

I have to agree with the above comments. They are in a [I]contract[I]. If they plan on breaking their lease in 6 months, better they pay the re-letting costs and pay rent until a new tenant is found than you.

The PM I'm the happiest with (as in comments above) with is in ACT. Not sure if they are taking on more business at the moment though. Last I heard, their books were full.

Your friend may not have been so fastidious with their monthly statements. It is my understanding that unless your tenants haven't paid rent or your costs have equalled your rental income, you should always receive rent. Trust accounts are based on each individual client. So it shouldn't matter...

I get an email 9 weeks before the lease is due to expire (we have to give 8 weeks notice to tenant in ACT for a rent rise) from my PM asking my intentions for the property - they tell me what the market is doing and the rental value of my property. I then tell them if I want to renew, at what...

While I agree with the points Bradcon made, it does seem that your PM has dropped the ball. The internet ad should clearly state 6 month lease. All my PM's offer a 24 business hour turnaround on processing applications. In my experience, after a Sat open viewing, I have always had applications...

I agree with all the above posts, but I am wondering why you are having break leases for financial hardship? You may have already done this, but if not.... If you are going to continue to self manage ensure the applicants fill out an application form. Ask for employment references and 2 x recent...

I'm assuming your tenant is on a periodic tenancy. Pretty sure most states the lease overrides the landlords sale contract... If the tenants don't leave when sufficient notice has been given (different between the states) then you may have to go through eviction process. A PM (Sez posts here)...

Sounds pretty cheap for a 5 bed, 5y.o. place in Duffy... I would have thought you would be up past the $700pw mark. don't count on what you see on Allhomes though as it just lists what people are asking - not what they are actually rented the property for. Any Canberra agent can look up the...

They paid in my one instance... Couldn't agree with you more about the Tribunal. It seems to me that the law doesn't matter to them at all. My friend just had a loss - tenants broke their lease, didn't pay re-letting costs or rent until property was re-let and Tribunal said - ok...:confused...

I would recommend new ad with new pics. I echo the comments of the other 'posters' - tidy up the front yard and make the best aspect of the house your main photo. Has all the work now completed? Tenants don't have the 'vision' that a home owner has and want to see a completed house, why would...

You need to get your PM to have the tenants sign a pet clause. No new lease required, but if they are due for an increase, then a new lease will be drawn up. You can't increase the rent (dog or not) unless they are due for one.

Most of mine are the standard 30 days, but I have noticed that some of the larger companies try to lock in LL's for the term of the tenant or for 1 year and there is an exit fee if they try to leave earlier! Who the hell would sign one of those??

Perhaps you have some 'necessary repairs' to undertake on the property? Pretty sure you only have to give 3 days notice to enter the property for that in WA. I feel really sorry for you Jaycee, unfortunately the tenants rights are protected from those evil landlords who might take advantage of...