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General Interest

In: General Interest, Real Estate

Contributed By: Jane Garcia on

I was amused and horrified in equal measure recently. No, I hadn’t stumbled across a friend watching Married at First Sight, albeit my rare glimpses of this “entertainment” when I do witness such an event have left me somewhat appalled. The so-called MAFS phenomenon amazes me. I can only tolerate it in very small doses and only while heavily affected by gardening. My god! The premise seems immediately simple and confronting. Gather together a group of emotionally damaged and dysfunctional people, add a few mental health issues, stir in some misappropriation of real feelings and launch. What I found most disturbing was not the show.Read More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: Jane Garcia on

Could you help us as we support others? We have partnered with The Priority Project to support woman who have experienced domestic and family violence (DFV). This service is supported by Mission Australia and The Salvation Army. They are working with agencies, including us, in conjunction with property owners to secure permanent rentals for women. We are seeking interest from our owners – asking you to consider prioritising your rentals to women who are needing a permanent place to call home. This new way of prioritising women creates opportunity to help and you do not have to reduce your rent, although if willing, you mayRead More →

In: General Interest, The Management Rights Market

Contributed By: Jane Garcia on

We are excited to announce the launch of Hotel Resort Sales, the newest management rights sales agency on the Gold Coast. Directors Craig and Rebecca Johnson bring a wealth of knowledge and expertise to the field of management rights sales. Over the past decade, their commitment to the hospitality and accommodation industry has allowed them to build strong relationships with hundreds of management rightsvendors across the Gold Coast. Whether you are looking to buy or sell a management rights business Hotel Resort Sales is committed to ensuring your journey is seamless, well-informed, and successful. Driven by a passion for service and a commitment to deliveringRead More →

In: General Interest, Real Estate

Contributed By: Jane Garcia on

RAAS Property Group, proudly announces a significant milestone in its journey with the unveiling of new brand name Ras360 Property Solutions, and the launch of a new sales division dedicated to Accommodation business sales. This is a momentous occasion in the company’s 21-year history, a pioneer in the brokerage of Management Rights and specialist in apartment and townhouse sales, and signifies commitment to offering complete Residential and Accommodation Property Solutions. Ras360 is poised to challenge the industry with its expansion of services and capability into a more diverse range of asset classes including Hotels, Motels, Pubs & Caravan Parks. At the helm of this excitingRead More →

In: General Interest, The Management Rights Market

Contributed By: Jane Garcia on

Today we are talking about an essential aspect of managing your management rights business: Top-ups. Today we are going to hear from Mike O’Farrell from MLR Services who is going to share his top tips on how to streamline the Top-Up process and maximise your success. Meet Mike O’ Farrell Mike O’Farrell mikeof@mlrservices.com.au0418 193 708 After joining the management and letting rights industry in 1991, Mike has been actively involved in body corporate’s for many years. He understands the complexities of shared occupancy and has seen disputes between residents, contractors and bodies corporate escalate into financially disastrous situations. Mike established MLR Services to help residents,Read More →

In: General Interest, Legal

Contributed By: Hynes Legal on

Three takeaways: Hills to die on in management rights We often talk about the ‘hills to die on’ in management rights. And while that’s obviously colloquial, sometimes in management rights relationships there are times when you have to take a stand — and there are other times when you should roll over because it’s not worth the grief.  Reimbursement of expenses is one of those things.  Spinning out over spending Resident Managers often look at their agreements and argue they’ve got spending authority for $500 or $1000 per item or month; yet the body corporate is saying they can’t spend that money.  The reality isRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I remarked to the managing director recently that the pursuit of perfection could drive a man insane. Yeah, I know, it’s a short drive. Her retort suggested that, through her presence, I had indeed succeeded in such a quest and miraculously I had remained mildly rational. For it is received wisdom that the MD is perfect and I should thank my lucky stars for her continued indulgence. I chose to reply with an ill-advised “beauty is in the eye of the beholder” remark. I’m sure that once I regain full use of my faculties and have the stitches removed, I will reflect and regret inRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

The Managing Director and I recently returned from a sojourn to Canada and Alaska. Our mission, as I’m sure some of you will appreciate, was to use some Covid cancellation credits and continue our plan to spend every last cent before we fall off the twig. Hmmm, Covid credits. Whatever happened to Covid? We seem to have gone from being locked in our houses clinging to our last square of toilet paper with the stormtroopers outside to no longer being too worried about the dreaded plague. Talk about mass hysteria. Might be lessons in all that for the current wailing over other expected catastrophic crises,Read More →

In: General Interest, Real Estate, The Management Rights Market

Contributed By: John Miller, Resort Brokers on

ResortBrokers has set a new record for a management rights business on the Sunshine Coast with the sale of luxury resort Oceans Mooloolaba Beach for $11.2M. The sale smashes the previous Sunshine Coast management rights record of $8.06M set in February 2022 for the 21-apartment On the Beach in Noosa’s Hastings Street. ResortBrokers’ Sunshine Coast team, Glenn Millar and Chenoa Daniel, settled the sale earlier this week. The off-market deal sees the management rights change hands from vendors Vince and Sue Galle to Prestige Residential, led by Ben Orton, which also operates the management rights to On the Beach and Tingirana in Noosa Heads asRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

As I sit here in an airport lounge contemplating the meaning of life my thoughts turn to our national carrier, the flying kangaroo, the displayer of the Yes, the virtue signalling disgrace now facing multiple client lawsuits, to say nothing of the action commenced by the ACCC. All this before we even start to contemplate the cosy arrangements between government and Qantas to freeze a competitor out of the game and assist in customers being ripped off, cheated and treated appallingly. The latest accusations of Qantas selling tickets on cancelled flights sounds a lot like the “advice for no service” accusations aired during the bankingRead More →

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