Landlords, Tenants, Renting and Management (Page 7)

Information about renting units

Welcome to our new monthly column, ‘Dear Nick’. Each month I’ll take a support question a manager has sent me, and share the advice. This month’s question comes from J. A new manager who joined our agency last year. He writes: Dear Nick, I have 3 vacancies. All are break lease. I have an obligation to mitigate the loss for each of the properties. However I also have a newly available property  (tenant recently moved out) and these listings tend to get more inquires since its ad is more recent. As a result ex tenant who moved our first ends up paying more rent thanRead More →

Contributed By: Nick Buick on

Happy New Year everyone! We’re officially in 2020… The 20’s! It’s the first decade that has a proper name since The 90s! Gosh it feels good to be able to refer to our present era. If you haven’t made a New Years Resolution yet, I’d suggest ensuring all your tenant data is safely backed up! I know it sounds boring compared to yoyo diets or spending more time with your kids, but this resolution is vital for your business! Allow me to expand: 1Form is a wonderful tenant application platform. It can gather all the information you need to know about tenants, compile it allRead More →

Contributed By: REIQ on

The Minister for Housing and Public Works, Mick de Brenni has announced Stage 1 of proposed rental reforms that would significantly damage Queensland’s rental market and create the most onerous rental laws in the country. The REIQ strongly opposes the proposed reforms which are a slap in the face to every day ‘mum and dad’ property owners who provide the majority of housing to Queensland’s renters. If enacted, the law change would erode fundamental landlord rights and deter property investment across the state. The reforms’ ripple effect would see renters struggling to find suitable housing under already tight conditions. In a further blow to renters,Read More →

Contributed By: Nick Buick on

Never before has technology taken such an invasive knife to our privacy. It’s a well known fact that our smart phones and appliances track our every move, search, and even our conversations and share this information with “private” corporations like Google, Amazon, Facebook and Apple. The ATO will now demand granular data on all trading information and use advanced data-matching to identify anomalies and trigger audits. Banks and financiers these days pick through bank statements with a fine-tooth comb and if they feel an applicant takes too many overseas holidays, or spends too much on cosmetic surgery, may decline to offer them finance. We haveRead More →

Contributed By: Nick Buick on

“So, how’s your vacancy rates these days?” I asked a manager who I’d popped in to visit for a quick chat. “Great, we’re almost full, and our two bedders fill faster than we can list them!” “Oh that’s excellent” “It is” she continued before pausing “there’s just this one listing I’m having a really hard time shifting…” She went on to explain she’d had this unit sitting vacant for over a month, the owner wanted two thousand dollars a week in rent. It was in a great area, it was a penthouse, it had incredible views and a stunning private rooftop terrace, but even so…Read More →

Contributed By: TheOnsiteManager on

NOTE: This is an older article from 2016, we have now overhauled our software to *automatically* strip the unit number out of the listing for you before sending it to outside portals. You should therefore now include the unit number in your address, and keep the box marked “Show Unit Number To My Competitors” set to NO. This will then ensure all systems work optimally for your owner’s security. As a manager you have a finite number of owners in your complex. As such, outside agents have the potential to inflict enormous damage to your income and the value of your business if you let them.Read More →

Realestate.com.au’s Rent Specialist, Kurtis Pirotta, sits down with a local tenant to discuss exactly how tenants are using their service these days to locate rentals from TheOnsiteManager. There’s a lot of great information here about how we can tailor our marketing strategy to capitalise on tenant search methods. Check it out!Read More →

Contributed By: Nick Buick on

As we explained recently in this article, the net benefit of upgraded listings is greater than their cost, meaning they actually save owners money rather than costing it. Well, we’ve now sat down with RealEstate.com.au who have painstakingly reviewed our listing data and composited a beautiful 30 page report quantifying EXACTLY how much that net benefit equates to, and the numbers are staggering. Even I was surprised – EVERY onsite manager needs to read this article. Lets break it down! What is a Feature Listing Feature listings appear ahead of Standard listings Interactive photo carousel highlights the best features Receive 1.6x more Average Views thanRead More →

Contributed By: Nick Buick on

There is a VERY strong mentality amongst onsite managers, that upgraded listings are expensive. I hear it every day. I get managers calling me up telling me they desperately need to find a tenant, and they’re losing rent, and when I explain the very simple solution is to boost exposure, they balk because of the ‘high cost’ of an upgrade. This is wrong-headed thinking and not the correct way to approach marketing. Marketing doesn’t cost money, marketing saves money!!! Good agents know this. The average real estate agent commits hundreds of dollars EVERY MONTH on EVERY RENTAL LISTING to market them. In fact most realRead More →

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