My PM's report are very thorough with pictures and normally about 4-5 pages at least. I found this samples on the net you might want to have a look, I would say these samples are min. standard. http://www.propertyinspectionmanager.com/support/forms
Not sure which state you are in, but you should be able to find something like that in your state. http://www.commerce.wa.gov.au/consumerprotection/content/Property_renting/Renting_and_tenancy/Tenants/Bonds_and_rent.html
A landlord can ask for a security bond in advance to cover any costs...
I rather not say. They are already charging their clients like lawyers, they might sue me like lawyers for damages, too.
Already did that before before I post this thread, and their response was, sorry, we can't make any chances to our fees.
I think end up WA investors will still be better off to have their properties managed by Eastern states PM, even buying you a few return flights to do routine inspections.
Unfortunately self managed could be easy for others but definitely not my cup of tea, don't really have the time and energy to deal rental issues. I rather to have some professional running the business for me and I pay them a fair amount.
Actually it is 9.35% including GST of gross rent.
Yep, I am moving to another PM. Funny that after I notified them that I am leaving due to their fees and not valuing me as a loyal client (I used their buying agency service as well), they told me that I have to give them 28 days...
I just received a management agreement renewal notice from my PM who are currently managing my two IPs, and almost fell off the chair after reading their fees. The sad thing is I have been with them for years and they said these fees are not negotiable. What do you think? I won't name and...
Hi all,
My Australian Property Investor subscription is ending next month and wondering should I renew the subscription or subscribe to Your Investment Property magazine.
How about you? If you only have a choice to subscribe one of them, which one do you pick? Reasons welcome.
Thanks.
I think you might have forgotten what you signed. Just refer back to your original fixed loan document which you signed years ago, it would state clearly what should have happened after the fix period expires. Even for variable I/O loan for 30 years, the loan doc would state I/O for the first...
Sorry Guys, looks like Sunday Times has not updated the PDF yet, they are still 06/07 igures.
Full story @ http://www.news.com.au/perthnow/story/0,21598,24518835-5016557,00.html