bnb

Contributed By: TheOnsiteManager.com.au

TheOnsiteManager.com.au

To embrace Airbnb or not this is the question? We are seeing more articles in the media recently about this controversial topic and onsite managers are starting to ask the question “How can we protect our investment?” The team here at TCM Strata hear you and want to help you un puzzle the puzzle. With engaging information sharing from our panel of experts covering insurances, legal, taxation & financials through to working with your Body Corporate manager and hearing from an onsite manager that has embraced this new wave of accommodation sharing.Read More →

FV

Contributed By: Resort Brokers

Resort Brokers

The record sale by Resort Brokers Australia of the $600m ‘FV’ by Gurner management rights to Mantra Group has capped a run of chart-topping sales for the growing national accommodation property specialist. With 970 apartments plus commercial and leisure facilities spanning three landmark towers underway by Gurner in Brisbane’s Fortitude Valley, FV is the largest management rights ever sold off-the-plan in Australia. The sale was handled by Resort Brokers’ national sales manager, Trudy Crooks, and her brother, off-the-plan specialist, Tim Crooks.  They said it was an outstanding result and a win-win-win for everyone, particularly for FV apartment owners who will have such a quality, experiencedRead More →

crystalBall

Contributed By: Mike Phipps Finance

Mike Phipps Finance

Ok, I’ve said this every year but just to keep my 100% record intact………………..where the hell did 2016 go? Time just seems to fly doesn’t it?  It’s obviously an outcome of encroaching old age and certainly a reminder to enjoy life and not sweat the small stuff.  And let’s face it, in the overall scheme of things its nearly all small stuff. As usual I have made numerous resolutions with reduced alcohol consumption, a better diet and more exercise high on the list. I have also promised myself to appreciate the managing director more and not be such an egotistical, self-centred narcissist.  Not sure whereRead More →

4rent

Contributed By: TheOnsiteManager.com.au

TheOnsiteManager.com.au

Before I became software developer, I worked for several years in advertising. I was fortunate for the opportunity to work with the best advertising agencies in the country, playing a very small part in presenting some very large companies in Australia to market. Along the way, I learned a few lessons about marketing and advertising… one such lesson was imparted on me by a sagely old advertising photographer: Owning a camera doesn’t make you a photographer – it makes you a camera owner. The importance of photography cannot be emphasized enough – it’s a job that really ought to be left to a professional photographer ifRead More →

BR

Contributed By: TheOnsiteManager

TheOnsiteManager

Our friends at Resort Brokers invited me along to their industry seminar last night. They had guest speakers from Urbis and Bambrick Media and plenty of managers were in attendance. Was a great night, highly informative. Urbis presented first and had some interesting information and data analysis in relation to development through the CBD. The short of it was: Yes, lots of buildings have been completed recently, yes, downward pressure had been placed on rentals… but vacancy rates on new stock are still only at 1.6%, and new projects being completed have fallen off sharply with the remaining to be completed representing a much smallerRead More →

TheDon

Contributed By: Mike Phipps Finance

Mike Phipps Finance

  “When America sneezes the world catches cold”.  A cliché perhaps but with some truth behind it I suspect. Consider this : The United States is the world’s largest national economy in nominal terms and second largest according to purchasing power parity (PPP), representing 22% of nominal global GDP and 17% of gross world product (GWP). The United States’ GDP was estimated to be $17.914 trillion as of Q2 2015. Australia’s top 3 two way trading partners are China, Japan and The USA. China is the world’s largest export economy and the USA and Japan are two of China’s top 3 trading partners. Anyway, on to thisRead More →

hirum

Contributed By: HiRUM Software Solutions

HiRUM Software Solutions

Many residential property managers have told us they simply want a property management system that does all the things they need, without the expensive price tag. Why pay for things you never use, right? At HiRUM we value industry feedback, this is why we developed HiRUM Front Desk for Residential. This provides residential property managers, or those with a rent roll, with all the essential tools they need to manage their business. From full trust accounting, to comprehensive office tools including integrated RTA forms1, we definitely have your needs covered. With NO Monthly fees and a very low one-off fee for set-up & training youRead More →

ledge

Contributed By: Mike Phipps Finance

Mike Phipps Finance

Human ambition is an interesting thing. Even while confronting the terror and stress of a new role or business venture many of us are already thinking about the next step. I reckon it’s all part of our innate survival instinct ingrained into us as a species. I’ll bet that even while our distance Neanderthal cousins were dragging that Brontosaurus back to the cave they were already planning the next hunting expedition and perhaps some improved techniques and a more effective and efficient conquest. All the better to improve ones lifestyle and avoid the risk of becoming dinosaur poo! This thirst for improvement and the nextRead More →

loanFinance

Contributed By: Mike Phipps Finance

Mike Phipps Finance

In our last bulletin we talked about our view that we are moving into a tighter credit environment in which bank lending guidelines will become stricter. We also talked about challenges existing borrowers are having with annual business loan reviews and extended interest only periods. The reaction to this bulletin has been remarkable with many business borrowers expressing concern around a range of experiences they are having with their lender. To be frank some of the concerns raised with us are of the borrower’s own making and reflected a lack of understanding of the terms and conditions of the loan. In many cases we haveRead More →

profits

Contributed By: Lindsay Petty Management Rights

Lindsay Petty Management Rights

There have been many of articles written on the Management Rights business model in Queensland over the years. Multipliers in Management Rights are one of the key areas that people are keen to find out more about. Like most business operations the model is the same however the individual businesses can vary considerably. Management Rights are no different. A real estate agency or a McDonalds franchise, they are all individual businesses but have an overlying business model structure in place. The management rights business model has some real strengths when we compare to various other models. If we look at some of these strengths: The BC salary, or often known as the remuneration,Read More →