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    Tenant Stats - Avg Tenancy Duration

    I saw the recent poll on tenancy duration and it made me curious, so I ran the numbers; and thought you might be interested. Data Features: 1048 residential tenants Perth-wide locations From 2002 to present Withdrawn/cancelled tenancies excluded Results of Analysis: Average...
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    Data on Magistrates Court Application Timeframes

    Hi. On an earlier thread I was discussing the eviction process for non-paying tenants in WA, and how by the time you get a court hearing, you are over the statutory-limit of 28 days rent for the tenant's bond. To recap, you can apply to court at around Day 13 of arrears, once your Form 1B...
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    Option Fees useful - forget about it in WA

    Have you ever spend 1/2 a day processing an application, made the tough decision, then offered the property to the applicant only for them to say "oh, I have changed my mind?" That problem is why option fees were invented. Here is my list of what I like about option fees for applicants on...
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    Cancel the Holiday - Start Saving for Security

    WA IP owners - under the proposed residential tenancy regulations, you will be required to have for each of your properties: 1. Double-locking cylinder deadlocks compliant with Australian Standards to ALL external doors. 2. Patio bolt lock to ALL external sliding glass doors. 3. Peep...
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    Residential Building Mandatory Disclosure Proposed Measure

    Christmas is coming, and what do you get a landlord who already has everything? How about Residential Building Mandatory Disclosure? You can give them costs, paperwork, regulations and penalties. More details here -...
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    Landlords in WA about to be done over - Residential Tenancies Amendment Bill 2011

    ATTENTION WA RENTAL PROPERTY OWNERS The long-awaited Residential Tenancies Amendment Bill 2011 is about to have its second reading in the Legislative Assembly. For details look up the Parliament website, current Bills, under "R"...
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    Phoenix, Arizona (USA)

    I am in the very early stages of looking at resi IP investment in Phoenix. Attractions being: . Previously strong market totally hammered by the GFC . High rental yields 10-12%? . 5th largest city in USA hence critical mass for economy (nearby Las Vegas is similarly hit but I dont like the...
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    Cornering the Market in a Suburb

    Has anyone ever attempted to corner the market in a particular suburb? By this I mean gain a controlling interest over a significant proportion of the houses? To take a shares analogy, when you get say 10% of a company you may have enough votes to get onto the board of directors. I guess there...
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    WA State Budget - the other good bit

    Here is the other good bit for existing investment property owners in the WA state budget [from the West Australian web site] *****But the WA Council of Social Service said the public housing measures were paltry, with the government admitting it actually needed 3,300 new public dwellings a...
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    Arpm 2005

    Hi. Anyone going to the Australian Residential Property Management Conference 2005? Star City, Sydney, August 14/15. http://www.totalrealestatetraining.com.au/index.cfm/fuseaction-content.view/cotid-254/section-Annual%20Conferences/ I have attended the past 2 years and found it a...
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    Pre-purchase electrical inspection

    Hi. I would like to obtain a pre-purchase electrical inspection report for an IP in Perth. Has anyone obtained such a report before? Any recommendations? I use Building & Home Inspection Service for the building report, and they do a great job, however don't provide any detail on the...
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    Changes to Magistrate's Courts in WA

    Anyone had experience with residential tenancy hearings under the new rules for the Magistrate's Court in WA? Having used the pre-May 2005 system quite a few times, I thought I had just about worked the system out. Now they go and change it. I have a feeling the biggest impact will be in...
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    Kwinana - the smell of money

    I have been inspired to write this thread by some previous negative comments about Kwinana, which mentioned the "stench" of the nearby industrial areas. As one who has lived, renovated and invested in the area, I suggest that the "stench" is minimal and only occasional. The smell comes from...
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