Recent content by aljarvis

Just to be clear, I mean landlords protection insurance and not building insurance.

Has anyone ever actually claimed on this form of rental insurance? I haven't bothered with it in the past as the only benefit I see is if your property is empty for 10 weeks than the pay your rent for you. I figure that if it is empty that long it is not a good investment property and you should...

It also depends on the state, eg Vic is generally 7% plus GST however I have heard SA can be 8% plus GST and WA up to 12% GST. Also, you can negotiate this rate and can usually get 1% off, especially if you have multiple properties.

I get electronic statements from my PM, however if there is a disbursement they keep an electronic copy for themselves and send me the original. I also know that the ATO allows you to keep paperwork electronically, they consider it more secure than paper due to backups.

$150 of the rent is the same as a tax deduction (ie $150 less rent to pay tax on). However, sounds like you have a lazy PM, I'd fix that problem first!

Gas can be turned off and on by anyone, just go out and turn the tap on/off yourself. Each connection is based on connection to an individual, so it the previous tenants responsibility to pay, however it is up to the Gas company to find them. In short, gas usage is the responsibility of the...

I'd love to know who your PM is, I'd like to make sure I never use them. I'd be switching PM ASAP, and asking their advice on what to do about this.

I believe it is the responsibility of the landlord to pay for the first $299 connection and it is the tenants responsibility to pay for reconnection, which could be anywehere from $59 to $129. I work for a telco (not Telstra) and this is what we tell our customers, however we still charge the...

Gas does not get get switched off when a resident leaves, the account is closed and if no one else creates an account, then gas stays connected and is billed to 'the resident'. I've had this situation before when I was a tenant, I signed my Gas and Electricity up at the same time (I thought)...

Hi All, I've enjoyed reading the posts so far on what a self managing vs using a property manager, so I thought I'd start a thread on what a property manager actually does, or what your PM does that you as a landlord are not comfortable doing?

Sounds very dangerous and illegal. Would have gone to the police before I asked the question.

I dont even meet my tennants (except for one that is a family friend). Hope my PM does all these things for me. :)

Just read all the posts, please tell me that she is out now?

4% of the rent

This is why we need tougher laws on tenants who damage properties. I don't understand why this is not considered to be a sever form of criminal damage.