Search results

PM can not charge commission on any outgoing, it is the incoming money including rent, water and sewerage usage. I let the PM to pay for council rate and water bill. In the case of the landlord insurance I pay this separately which is bundled with my PPOR home and content and house insurance...

As a precaution, I keep a copy of all invoices for ATO auditing. I also review the charge if they are consistent with the quote and anything extra I question the PM. Some PM charge 10% on top of the contractor's cost, that is why they do not want to show you the invoice. Cheers