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  1. steveadl

    Renewing lease with no rent increase

    To those saying maintenance is higher when using a PM - sorry, but that just doesn't cut it. If you're worried about it, simply don't authorise any $ spend on maintenance without first contacting you with the issue first. If you really feel the need, you can then reject the request out of hand...
  2. steveadl

    Renewing lease with no rent increase

    True, figures don't quite add up. I've found many PM's don't have a clue. They're either afraid to put the rates up, or don't have enough interest to. For example many older houses in Enfield this time last year were asking $260-280pw, a few were asking $290pw. I instructed my PM to advertise...
  3. steveadl

    Renewing lease with no rent increase

    We never stay under market rate by choice and increase all rentals at every opportunity including at the 6 month mark if rents have continued to rise. So yes, always increase rents to market rate and haven't had tenants leave due to a price rise yet. And if they did, don't really care - my...
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