Search results

  1. F

    Renewing lease with no rent increase

    Yep, ditto. In Qld, this is the law anyway. In a market where rents are rising quickly, it might be considered better to have a periodic agreement (or no real agreement, but as the fixed term has expired, it reverts itself to a periodic lease). This way you can give tenants 60 days for...
  2. F

    Renewing lease with no rent increase

    Sounds like total PM % for managing a property in the Pilbara, except that the rents are 4 times as much. F
  3. F

    Renewing lease with no rent increase

    well said. Great way of thinking about it. F
  4. F

    Renewing lease with no rent increase

    If you are using the services of your PM to fully manage your property, I would sack him and look for another one. He is working for you, and he should be the one proposing to increase rents at relet times. An appraisal should be undertaken 2 months before the lease expires, in order to give...
  5. F

    Renewing lease with no rent increase

    But by doing this, your upgrade is depreciable, and at the end of the day, you will achieve a higher rent. Make sense to do:) F
Back
Top