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  1. M

    Advice on property Manager

    Your 90 days should start from the 1st Feb as that's when you gave them notice. What exact date is the tenant paid to? You have paid management fees already up to the tenant's paid-to date, so however many days that is past 01 feb is how many days you have paid, so subtract that from 90, and...
  2. M

    Advice on property Manager

    I charge one weeks rent + GST for placing a new tenant, but the lease renewals are included in our management fee. Many agencies do charge half a week to a week's rent at each lease renewal, regardless of whether the rent is increased or not. There are other fees like maintenance...
  3. M

    Advice on property Manager

    Sounds fine to me. Let us know how you go and what sort of response you get.
  4. M

    Advice on property Manager

    Yep, that's about it. Pay them out and collect the keys and docs. If they kick up a stink about it, just remind them that you are their employer, and any keys and documents they have are your property. Hopefully it doesn't come to that - but it often does... Also, make sure you get a...
  5. M

    Advice on property Manager

    If you change agents and the notice period isn't waived, then you are liable to pay 90 days worth of management fees. So multiply your weekly rent by 12.8 (12.8 weeks = 90 days) and then multiply that by the rate you are paying (8% + GST for example). Ask the agency to take that money from...
  6. M

    Advice on property Manager

    Almost all agencies will take the property now, and waive their fees for the 3 months. I've actually never heard of a business turning down a new client over 3 months worth of fees. Now that you have upset the apple cart with the owner of the current business, you need to sort something out...
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