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No, Cosy, you don't. Don't forget the bond form: http://www.consumer.vic.gov.au/CA256EB5000644CE/page/Renting-Bond-Lodging+the+bond?OpenDocument&1=910-Renting~&2=030-Bond~&3=010-Lodging+the+bond~ And as a new self-manager, you might find this handy...

Couldn't agree more. Self managing is not rocket science, but it's not suitable for everyone's circumstances. Here's a handy checklist: http://blog.rentwise.com.au/index.php/2010/06/01/are-property-managers-worth-it/ Over my years of self-management, I've sent a bunch of flowers when tenants...

Actually Dylan if that list is included in the special conditions of the tenancy agreement, it certainly has real legal legs. I now self manage too and include special conditions such as changing light bulbs (got burned when an agent left that one out years ago and not a single bulb worked after...

Self-managing is not time consuming: pay bills every now and then and arranging to fix the odd broken thing = no big deal. Even though it's tax deductible, I'd rather save on annual PM fees and use my money to reinvest back in my property e.g. new air-conditioner, new stove. That way the value...