Contributed By: ARAMA on

THE RECENT UNPRECEDENTED FLOODING across Queensland and New South Wales devastated areas of both states. The massive downpours created trauma and turmoil, but at least those properties with a resident manager were in capable hands. Sadly, resident managers have had to become really good at disaster management in recent years. No one knows a building or its occupants better than a resident manager, and they are always on the spot to deal with a crisis immediately. In the last few years, our ARAMA members have had to manage just about every kind of natural and economic disaster. Their effectiveness is one of the reasons thatRead More →

Before I was thrust into Management Rights 18 years ago, quite by chance, I owned an apartment that had an onsite manager. The extent of my knowledge was that there was a mysterious old man who somehow ended up living in the office behind the lifts, who seemed obsessed with vacuuming hallways and if you used the spa after closing time, he’d come by and tell you to go to bed. That was all I knew. How this man came to be living in this office behind the lifts, why he was being paid to vacuum things, or by whom, and what higher power hadRead More →

Contributed By: FINEXIA Securities on

FINEXIA Securities have analysed our data to release the latest Quarterly Pulse. See below for details. Management Rights For Sale – Market Snapshot – April 2022 Data Provided by TheOnsiteManager website. Management Rights for Sale – Market Analysis – April 2022 Letting Pool Coverage – proportion of the total units to those within the Pool Agreement Coverage – refers to % of total agreement term available upon purchase.Read More →

Contributed By: Mike Phipps Finance on

There’s a bloke in France working on an idea to use commercial passenger jet cargo space for paying guests. Apparently if the idea works, passengers will get some sort of view from a converted loading door and the space will be designated as premium. As cargo bays are pressurised there’s plenty of oxygen so all that needs doing in order to be comfy is some form of temperature control. Cargo bays get a bit cold and moist at 30,000 feet I’m told. I had cause to reflect on all of this previously useless information recently, we’ll get to that ! This year marks an importantRead More →

Contributed By: ARAMA on

A frequent issue within Management Rights, and a recurring question that is asked is: How do I stop an outside agent raiding my letting pool for their rent roll? There’s a number of strategies that are very effective for galvanising your complex against attacks from outside agents. This week ARAMA president: Trevor Rawnsley discussed these with Kelly Rigby and Nick Buick – here’s how it went down:Read More →

Contributed By: Nick Buick on

A recurring theme I encounter from onsite managers is “How can I stop someone stealing listings from my letting pool?”. Well next week TheOnsiteManager and Letts Rebuild are teaming up with ARAMA to deliver a 1 hour webinar and Q&A session with some excellent strategies and advice on this very subject. Make sure you tune in you’ll definitely learn a few things! Register for the Webinar here: https://www.arama.com.au/_events.registration/step1/eventid/13335 – it is free for ARAMA members. We will also be posting the video afterwards here so keep an eye out for that if you miss it. Be sure to post any questions you may have onRead More →

Contributed By: Nick Buick on

THE Awards 2022 are now confirmed. The venue is booked and paid for, the sponsors are locked in, it’s HAPPENING! WHEN: Friday THE 14th of October 2022 – 7PM till LATEWHERE: THE Warehouse, THE Valley A huge thank you to this years sponsors for making it all possible: HiRUM, Schindler, McAdam Siemon and Phipps Finance. In the coming months you’ll be hearing more from these proud supporters and the great services they offer so please support them and be sure to thank them for making such a fantastic evening possible. We’ve got a great night in store with winner announcements, delicious hot and cold canapesRead More →

Contributed By: AON Insurance on

Common misconceptions about insurance – is there any truth to them? There are few things in life you purchase hoping to never have to use and insurance would certainly be one of them. With risks and policy coverages varying so much between industries, your policy’s features could mean the difference between the collapse or rebuilding of your business and reputation. It’s a purchase you should make, not necessarily one that you want to, and it can be confusing. Let’s take a look at some common insurance myths we’ve come across, and clarify whether they are in fact myths, or if there is any truth toRead More →

Contributed By: Detector Inspector on

With new smoke alarm legislation taking effect at the start of 2022, by now you should have properties under your management upgraded to the new standards. This means having interconnected, photoelectric smoke alarms in all bedrooms and hallways, powered by mains electricity or a non-removable 10-year lithium battery to meet the requirements of the Fire and Emergency Services Act 1990. This article is brought to you by Detector Inspector… To book an inspection at your complex, go here: contact form If you are at all unsure of the status of the building you manage, or you require annual servicing to ensure continued compliance and supportRead More →