Recent content by Beau Miller

  1. Beau Miller

    Charge tenants water rates?

    Most agents wont charge a fee on outgoings collected but some WILL so check your management fine print! I have to be honest, to charge the tenant for the usage, is a little time consuming in the software program required to maintain the collection correctly. BUT You are entitled to receive...
  2. Beau Miller

    Investors Mums

    I follow Kirsty Dunphy and she has a couple of books, it may not be in line with your typical 'property investor' although Kirsty runs her own Property Management business and is financially free, her blogs tell me she travels more than she is in her office due to the way she structured her...
  3. Beau Miller

    Property Managers - a quick query

    I would talk with the property manager, they may be happy to terminate the agreement but continue working with the current tenant to retrieve rent until a new tenant is found. The break lease fee will need to be paid to the new agent if they are the ones finding the tenant. This could get...
  4. Beau Miller

    PM wants to take rent out of bond

    Yes Samantha is right, they can go to different groups and request assistance for housing, I think that Anglicare offer this... I have a number of tenants that I have been working with to pay little by little over the past few months to get themselves a week ahead so that when it comes to this...
  5. Beau Miller

    Maintenance Cost and PM

    the tenants have responsibility to keep the smoke alarms working also. Here is a link to a fact sheet I use from the RTA Website http://www.beautiquerealty.com.au/content/files/RTA_Smoke_Alarm_Fact_Sheet.pdf I agree with Matty, a smoke alarm company charge a minimal fee and provide that...
  6. Beau Miller

    Gold Coast rentals in oversupply

    Maybe ask your agent to use gumtree.com - I use this for advertising as well as rent.com, homehound, onthehouse.com, thehomepage and realestateview and Gumtree is my second highest enquiry rate after realestate.com. Also when there are a lot of properties available gumtree doesnt have the...
  7. Beau Miller

    Maintenance Cost and PM

    You will find if your home is only 1 year old the maintenance will be minimal. Things like smoke alarms & gutter cleaning is something to consider as an ongoing expense. It might be worth getting a Tax Depreciation Schedule done for the property as well to help with the deductions - I have...
  8. Beau Miller

    What's your personality type?

    ESFJ - Provider here ... maybe that's why I like being a PM :) I have done quite a lot of work with Edward DeBono's 6 Hats of Thinking and found his theory worked really well when working with people. Has anyone else used his theory?
  9. Beau Miller

    best landlord insurance?

    I use Terri Scheer for Landlord Protection and I know that they do offer a seperate Building Insurance but the price per annum depends on the house details... You can phone 1800 804 016 for a quote.
  10. Beau Miller

    Can i back date an Abandonment Notice?

    Its not worth the risk ... you will end up getting to QCAT and it be seen in the tenants favour and you being back at the begining and have to start again.
  11. Beau Miller

    What constitute a good PM?

    Hi Telejazzer, thank you for the oppourtunity to respond. A good PM will have an invested interest in managing your property. ie. some sort of bonus structure or wage based apon their ability to earn your business and retain your business. Even profit share in the rent roll. Secondly...
  12. Beau Miller

    My house has not been rent out by PM, what should i do?

    Often if your property is listed on realestate.com for an extended period it gets to page 3 or 4 on the list and prospective tenants no longer notice it... I would suggest looking at another agent, but there is the risk that the other agent might not be as good as the PM you have. Maybe...
  13. Beau Miller

    Queensland conveyancer

    I use Rivercity Conveyencing & can highly recommend. Within Australia: Phone: 07 3177 4640 Fax: 07 3013 2399 Outside Australia: Phone: +61 7 3177 4640 Fax: +61 7 3013 2399
  14. Beau Miller

    PM discount

    Fees are always tricky as often the fee negotiation will happen even before the PM has a chance to prove themselves. I would prefer to offer the first month free as a trial period so that the landlord can decide if I am worth the money or not.. Then I have two rates. An ALL INCLUSIVE % (no...
  15. Beau Miller

    HECS and homeloans??

    As I understand, with the infomration you have provided, I dont think that the HECS debt will be seen by finance companies when you apply for loans etc. I could be wrong but I am pretty sure its a lifetime government loan as long as you don't earn over the threshold but it does grow as the...
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