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Search results for “Do not forget your option”

You are browsing the search results for “Do not forget your option”

In: Accounting and Finance, General Interest, Real Estate

Contributed By: TheOnsiteManager.com.au on

Buying an investment property in another state or territory can open the door to a range of new opportunities. From more affordable price points to higher rental yields and market diversification, there are plenty of reasons to look beyond your own backyard. But investing interstate also requires careful planning, local insight, and the right financial support. Here are 7 practical tips to consider if you’re thinking about taking that next step. 1. Define your investment strategy Before exploring property listings, it’s helpful to think about what you want to achieve – whether that’s long-term value growth, consistent rental income, or managing cash flow. These goalsRead More →

In: Legal

Contributed By: Vanessa Sciortino of Quartz Legal on

Managers of management rights businesses have lots to do daily, weekly and monthly, not to mention all the additional requirements the past few years has brought about, so it’s easy to see how managers could overlook the key dates in their agreements. We are here to remind you, that it is time to grab your agreements and check all your key date and set some reminders. Key Date 1: Remuneration Reviews Some body corporate managers will automatically review a caretaker’s remuneration at the time stated in the agreement. Other body corporate managers will not. Managers seeking to ensure their remuneration is properly increased in accordanceRead More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

If you are reading this chances are you are thinking of buying an accommodation business or you already operate one. For the purposes of what I am going to talk about in this article let’s confine our thoughts to freehold and leasehold motels and caravan parks. The object here is to contemplate the various strategies that are worth thinking about as part of the purchase process. Let’s start with the most common transaction we see and that is the purchase of a leasehold. By far the majority of our clients use a company acting as trustee for a discretionary trust. They do this for aRead More →

In: Accounting and Finance, General Interest, Legal, Real Estate

Contributed By: Archer Gowland Redshaw on

Hi Readers, You will note that we released a Special Interim Edition Newsletter last Wednesday to provide some commentary surrounding current global events and its impacts. With this, I wanted to write a further piece, in response to some topical issues which have arisen and questions we have received following last week. Thanks to everyone who provided feedback on last weeks’ release. I appreciate the comments and please don’t hesitate to continue to send through questions or topics you would like to get some clarity / answers on. In addition to my monthly Chairman’s Commentary, we will endeavour to add some of these single, smaller style pieces intoRead More →

In: Legal

Contributed By: VANESSA SCIORTINO of Nicholsons Solicitors on

Managers of management rights businesses have had a lot on their minds lately. From keeping people safe during the global pandemic to getting the tourism industry back on track, it’s easy to see how managers could overlook something so important as the key dates in their agreements. It’s time to set an epic reminder. Annual remuneration reviews Some body corporate managers will automatically review a caretaker’s remuneration at the time stated in the agreement. Other body corporate managers will not. Managers seeking to ensure their remuneration is properly increased in accordance with their agreement should diarise the review date and ensure the review occurs asRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Lauren Kropp, Real Strategix on

Unfortunately, in this day and age, it is almost necessary for a Property Manager or leasing consultant to complete a course in self-defence along with their registration. I began asking Property Managers if any have had scary encounters whilst at a tenant’s premises.  Statistically speaking, 1 in 5 had some sort of scare.  I personally, have been pushed against a wall, whilst carrying out an exit inspection, by the outgoing tenant.  This drew me to the conclusion to NEVER agree to conduct the inspection with them present. Routine inspections, if carried out correctly, should be fairly straight forward and the tenant should, in most instances,Read More →

In: Landlords, Tenants, Renting and Management

Contributed By: Real Strategix on

Unfortunately, in this day and age, it is almost necessary for an Onsite Manager or leasing consultant to complete a course in self-defence along with their registration. I began asking Onsite Managers if any have had scary encounters whilst at a tenant’s premises.  Statistically speaking, 1 in 5 had some sort of scare.  I personally, have been pushed against a wall, whilst carrying out an exit inspection, by the outgoing tenant.  This drew me to the conclusion to NEVER agree to conduct the inspection with them present. Routine inspections, if carried out correctly, should be fairly straight forward and the tenant should, in most instances,Read More →

In: Landlords, Tenants, Renting and Management

Contributed By: Real Strategix on

Unfortunately, in this day and age, it is almost necessary for an Onsite Manager or leasing consultant to complete a course in self-defence along with their registration. I began asking Onsite Managers if any have had scary encounters whilst at a tenant’s premises. Statistically speaking, 1 in 5 had some sort of scare. I personally, have been pushed against a wall, whilst carrying out an exit inspection, by the outgoing tenant. This drew me to the conclusion to NEVER agree to conduct the inspection with them present. Routine inspections, if carried out correctly, should be fairly straight forward and the tenant should, in most instances,Read More →

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