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Skater Love the energy you have and good for you. I am not defeating your right to negotiate fees, but just wanted to mearly explain the perspective that many investors never see on why agents charge like they do. I dont really care if you are interested in my neck of the woods or not, I was...

Hi Skater This data is averages based on RTA data of bonds lodged by landlords and agents. Not all areas achieved growth. CPI is calculated on a number of areas of consumer needs and the housing sector (one of 11 sectors that make up the CPI) as for the 12 months to September had a 5.2% growth...

It is great that you have got growth of $100pw of your IP, but for many areas in Qld rents have only grew by 8-10% this year based on RTA reports. Not every property has increased and while we would love this growth, we have to be real. It is also a bit random that you assume that every one of...

Hi Wylie It is the PM who is driving all this. The PM's are booking the certifier, are arranging the repairs (not all certifiers are authorised to repair and as well as inspect!) and communicating back and forth with the landlords and contractors. The biggest issue is right now trying to get...

Having worked in the Property Management Industry for 15 years I thought I might share some facts about PM's. In Qld 60-70 % of agents charge a relet fee for RIP. This % is increasing as business costs spiral out of control. The average relet fee charged in Qld is between $55 - half a...

Interesting discussion but a few points to consider: If the management fees are so high or excessive, why dont you manage yourself - Because you want the agent to deal with the problems that come with IP and let me tell you, it is a lot. But you always have that option. The other point not...