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Landlords, Tenants, Renting and Management (Page 2)

Information about renting units

In: General Interest, Landlords, Tenants, Renting and Management, Real Estate, The Management Rights Market

Contributed By: Alex Cook, Director, Resort Brokers on

The concept of a ‘partnership’ or ‘syndicate’, whereby a group of investors pool their financial resources to leverage their purchasing power to acquire an asset, is by no means a new one. Such arrangements have been prevalent in the commercial property and freehold hotel/motel market for decades. In the management rights industry, syndicates are becoming increasingly common in the purchase of large-scale, high netting businesses. So, what are the key components of a management rights syndicate? What do they offer to their partners? And what advantages do they hold over other operational/investment models? PARTNER ROLESAs the name suggests, partnerships are established by uniting a groupRead More →

In: Body Corporate, Facilities Management, Landlords, Tenants, Renting and Management

Contributed By: BC Systems on

Parking in a body corporate Parking issues can cause a lot of conflict within a body corporate. From parking in visitor spots to parking in someone else’s assigned spot, parking-related disputes are common.   As a resident within a body corporate, it’s important to know your rights and responsibilities regarding parking. In this article, we’ll discuss the common issues that arise when it comes to parking in body corporate schemes and how you can resolve them. The regulation of parking on common property or in visitor spots falls under the jurisdiction of a body corporate. Owners and occupiers are allowed to park on common property asRead More →

In: Landlords, Tenants, Renting and Management, Real Estate, The Management Rights Market

Contributed By: Nick Buick on

I had a very interesting (and sadly, all too recurrent) conversation with an onsite manager recently, who shall remain unnamed. It went like this: Hey there, your marketing is due to be renewed this week, would you like me to renew it for you so you don’t lose any listings? I’ll be honest with you, I don’t need to advertise my rentals. You… you don’t need to advertise rentals? Aren’t you a rental manager? Yes I am, but No, because there’s that many tenants out there, I just have to stick a sign out the front and I fill it within 4 hours. Gosh that’sRead More →

In: Facilities Management, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: Rental Tenancies Authority on

New rules around minimum housing standards will come into effect for new tenancies on 1 September 2023 and for all tenancies 1 September 2024. Minimum housing standards aim to ensure rental properties are safe, secure and functional and provide tenants, residents, property managers and owners with greater clarity around their maintenance obligations for rental properties. Minimum housing standards will apply to all types of tenancy arrangements, including general tenancies, rooming accommodation and moveable dwellings. Learn more about minimum housing standards, including frequently asked questions, on the RTA’s updated rental law changes webpage. More information and resources will be made available on this page in the nearRead More →

In: Landlords, Tenants, Renting and Management, Real Estate, REIQ

Contributed By: REIQ on

Rental providers are passionately opposed to several changes being proposed as part of the State Government’s stage two rental law reforms Options Paper, according to a survey of more than 3,300 Queensland property investors. The survey, conducted by the Real Estate Institute of Queensland (REIQ), sought property investor sentiment towards some of the ‘hot button’ changes proposed in the paper. One of the most foreboding findings from the survey, was that 81.4 per cent of rental providers said recent and future proposed tenancy law changes have influenced the likelihood that they will sell up (refer to Q14 graph). While 62 per cent of respondents saidRead More →

In: Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: Mike Phipps Finance on

The Holden Monaro is considered, among a certain demographic of the population, an icon of Australian motoring. Indeed, when we actually made things like cars the modern version produced between 2001 and 2005 sold in vast numbers to petrol heads, mums and dads and collectors alike. Man, I loved that car when it was launched but alas, as a poor long-suffering PAYG slave I could not afford one. So, I’d spend time in Holden showrooms just looking at the thing and dreaming of the day………. It will come as no surprise that as a Toowoomba girl the managing director also had a soft spot forRead More →

In: Landlords, Tenants, Renting and Management, Real Estate, REIQ

Contributed By: REIQ on

The Real Estate Institute of Queensland (REIQ) is calling on property managers and property investors in Queensland to join its campaign to convince the State Government to reconsider proposed stage 2 rental law reforms. REIQ CEO Antonia Mercorella said the peak body was preparing its Submission to the Queensland Government’s Option Paper regarding stage two rental reforms, and would ensure the voices of property managers and property investors are represented and heard. “The REIQ is concerned with ongoing and consistent rental law reforms in Queensland which are progressively eroding property investor rights along with their confidence and interfering with contractual relations,” Ms Mercorella said. “IfRead More →

In: Accounting and Finance, General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Resort Brokers on

Ian Crooks – ResortBrokers Chairman Back in the ‘70s in my native New Zealand everyone used to talk about this sparkling paradise across the Tasman called the Gold Coast. When I first visited in ’79 the hype didn’t disappoint. I was absolutely blown away by it. It had a beachline of golden sand that seemingly stretched forever, luxury high-rise to rival Miami, and there was a real energy about the place. The tallest building at the time was a circular apartment building called Focus built by the late great Lou Ferro, who was a friend of mine. It was a tremendously eye-catching skyrise that lookedRead More →

In: Body Corporate, Facilities Management, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: BC Systems on

Tree maintenance responsibilities in a body corporate Trees can add significant value to a property, particularly if they are well-maintained and add to the aesthetic of the property. They can provide shade, privacy, and a sense of tranquillity, all of which are highly sought after by potential buyers. On the other hand, poorly maintained or overgrown trees can detract from the value of a property and even be a safety hazard. It is essential to ensure that trees in a body corporate are well-maintained to enhance the overall value of the property and also important to understand the obligations regarding maintenance of trees depending on their location within a scheme.   ResponsibilityRead More →

In: General Interest, Landlords, Tenants, Renting and Management, Real Estate, REIQ, The Management Rights Market

Contributed By: REIQ on

The Real Estate Institute of Queensland (REIQ) is calling out a questionable and concerning move by the State Government to treat rent control separately to stage two rental reforms, without the transparent legislative process that is reasonably expected. The Deputy Premier has stated that a reform to limit rent increases to once-yearly will apply from 1 July 2023 onwards – but the transition arrangements will mean that contractually agreed rent increases after this date will also no longer be valid. REIQ CEO Antonia Mercorella said it was absurd and questioned the legality of the retrospective nature of the new laws. “As a property investor, youRead More →

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