Management Rights

Motels

Caravan Parks

Employment

 

General Interest (Page 8)

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

Contributed By: Nick Buick on

TheOnsiteManager.com.au have just signed a new deal with LittleHinges to unlock MASSIVE savings on photography packages. We can now offer a Virtual Tour, Floor Plan and 8 Still images for *JUST* $220+GST. A huge reduction from the $320+GST that was previously available. Book your virtual tour, floorplan and photoshoot here: https://theonsitemanager.typeform.com/to/fZGAdJ6b I am frequently getting calls from managers telling me they ran a 15 minute open on a 2 bedroom unit and 47 people showed up to inspect it. Cut through the time wasters, and cut down on the number of people showing up at your open homes – with a virtual tour prospects can take theirRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I guess I should start this month’s massive with a welcome to 2023. Doesn’t seem that long ago that we were stressing about the Y2K bug and now here we are, 23 years later. For those of you too young to remember, the bug was essentially a “the sky is falling” event predicated on an expectation that computers worldwide would be unable to cope with the year 2000 due to recognition software that only identified the last 2 numbers in a year. The fear was that 2000 and 1900 would be indistinguishable to computer systems and all hell would break loose. The global spend toRead More →

In: General Interest, Real Estate, REIQ

Contributed By: Claire Ryan - REIQ on

While market pressures have pinned Queensland vacancy rates down during 2022, REIQ data released today shows the year has ended with a slight uplift across the state. Of the 50 local government areas and sub regions covered in the REIQ’s Residential Vacancy Rate Report for the December 2022 Quarter, 43 experienced a vacancy rate rise compared to the previous quarter, while the remaining seven were static. The state-wide vacancy rate rose from 0.6 per cent in the September quarter to 0.8 per cent to close the year, at an improved yet still critically low rate. REIQ CEO Antonia Mercorella welcomed the momentary relief but saidRead More →

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

Contributed By: ARAMA on

The greatest validation for long term agreements in the business of Management and Letting Rights (MLR) is that the vast majority of resident managers are granted top-ups – that is extensions on the term of their MLR agreements. Why? Because those resident managers make continual improvements to a scheme in a way that off-site managers could never achieve. Owners are happy to give resident managers these top-ups as a reward for their performance. There are great economic benefits to a scheme that has an on-site manager with a long-term agreement, and there are also benefits you cannot put a price on – the services thatRead More →

In: General Interest, Real Estate

Contributed By: Claire Ryan - REIQ on

The Queensland region with the tightest residential vacancy rate in the state is primed for a turnaround, after its Council cut fees to incentivise multi-dwelling construction. Goondiwindi Regional Council (GRC) is introducing a year-long rebate for all Council fees and charges associated with constructing new multi-dwelling buildings such as units, townhouses, duplexes and granny flats. Real Estate Institute of Queensland (REIQ) COO Dean Milton said the move, welcomed by the real estate peak body today, was an exemplary way Council’s could help incentivise much-needed new housing supply. “With the Goondiwindi region hovering barely above the ‘no vacancy’ line at just 0.1 per cent for theRead More →

In: General Interest, Real Estate, REIQ

Contributed By: Claire Ryan - REIQ on

Enduring low days on market and higher listings than pre-COVID, are indicative of a property market holding firm, according to the latest quarterly data (September 2022 Qtr) analysed by the Real Estate Institute of Queensland (REIQ). With extraordinary double-digit annual median sale growth in most regions across Queensland, REIQ CEO Antonia Mercorella said there are plenty of reasons to remain confident in the strength and resilience of property in the sunshine state. “The average number of days on market in Queensland is now sitting at 19 days, compared to 51 days pre-COVID,” Ms Mercorella said. “While it got as low as 16 days earlier thisRead More →

In: General Interest, Insurance

Contributed By: Aon Insurance on

Here is what you need to know about Cyber Insurance and what it covers You probably don’t need another reminder about the increasing incidences of cyber crime – more than enough headlines and stories of organisations (and even entire countries) suffering major cyber attacks emerge almost every month. So it should come as no surprise that small businesses are now also now a lucrative target for cyber criminals. The reasons for this? There are many, but one of the biggest reasons is that unsuspecting small businesses often do not have sophisticated cyber security software, making them a relatively ‘easy target’. Cyber insurance is therefore an importantRead More →

In: ARAMA, General Interest, Real Estate

Contributed By: ARAMA on

QUEENSLAND is besieged by a housing crisis and in desperate need of 55,000 new rental properties. The perfect formula to help alleviate this desperate situation is the business of Management and Letting Rights. I attended the Queensland Housing Summit on October 20, where one of the key messages was that it is high time to further encourage property developers, property investors and the property management industry. Developers and investors provide the necessary homes for people to live in, while it has been shown time and time again that Resident Managers make Community Title Schemes run more efficiently and provide housing that is far more affordableRead More →

In: General Interest, Real Estate

Contributed By: Claire Ryan - REIQ on

The Real Estate Institute of Queensland (REIQ) has welcomed the immediate support to sustain tenancies, but says there’s still a lot of work to be done to address housing supply, in response to the Housing Summit Outcomes Report released today. REIQ CEO Antonia Mercorella said the immediate financial housing support, to be released prior to Christmas, would come as a welcome relief to the Queensland community. “The $48.5 million towards housing support, including tenancy sustainment, loans and grants, will benefit the most vulnerable in our community by helping to keep a roof over their head and reducing cost-of-living pressures over Christmas,” Ms Mercorella said. “GivenRead More →

In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I’m the first to admit I don’t “get” crypto currency or the trading that seems to underpin the price. What I do get is that a company called Berkshire Hathaway and a bloke on it’s board called Warren Buffet have been making mostly sound investment calls for a while now. Mr Buffet has variously called bitcoin “rat poison squared” and stated that he wouldn’t buy all the bitcoin in the world for $25. So far as I can tell crypto / bitcoin / whatever is underpinned by a singular value proposition. It’s a proposition as old as time itself……..speculate and hope there’s a bigger mugRead More →

ADVERTISMENT: