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In: Body Corporate

Contributed By: Hynes Legal on

In the midst of the COVID-19 pandemic, the strata sector is facing some big issues. Perhaps the biggest challenge (this week at least) is how to manage body corporate levies and other financial issues at a time when people are under all sorts of financial pressure. It can be hard enough to get people to pay strata levies when they have the money, let alone when they do not. We think it is essential to identify the pain points for everyone in the sector when it comes to levies and then identify what can be done about it. There are a few points to make,Read More →

In: Uncategorized

Contributed By: Nick Buick on

Dear Nick, I just received a 1Form application. How do I view it? I don’t know my password, I don’t know my username, it keeps telling me it wants me to ‘verify’. Please help I need to see this application ASAP!Kind Regards,Every Onsite Manager I get that email (often in less conversational tones and language not suitable for this family blog) at least half a dozen times per day… every single day. Setting up 1Form is a tedious process and I feel your pain! Every manager is sent an instruction pack that explains this process when they join our agency, but by the time theyRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Real Estate Institute of Queensland on

As the owner of an investment property in Queensland, if you are not already aware of the Palaszczuk Government’s proposed Special COVID-19 Protections for residential tenants and landlords, The Real Estate Institute of Queensland (REIQ) wants to ensure you understand them. As the peak body for real estate in Queensland, we support the need for tenant protection during COVID-19 however, we are fundamentally opposed to some of the proposed measures. You should be too. As a landlord, you will ultimately foot the bill if the following proposals are introduced: Your tenant/s will NOT have to pay back any rent. Put simply, a rent reduction negotiatedRead More →

In: Real Estate

Contributed By: Nick Buick on

We’re currently assisting a large number of hotels and resorts fill their lease-backs with short term tenancies to help keep them afloat. I put together this video to take our new users through the process of advertising a rental. This video is aimed at first-time users but veterans will also find some valuable information in here as well.Read More →

In: Body Corporate, Legal

Contributed By: Hynes Legal on

I want to give people some insight as to my reasons for joining Hynes Legal and in particular, why I strongly believe the strata industry needs a mediation offering to help reduce the instance of strata disputes in the Commissioner’s Office and QCAT. I’ll begin with a question I’ve been asked a few times since starting with Hynes in February 2020: why would someone pay you to do something that you previously did for free? It’s because of cases like this one. In summary, it’s a dispute heard in the Queensland Civil and Administrative Tribunal about management rights. In total, both sides – the bodyRead More →

In: Accounting and Finance, Legal, The Management Rights Market

Contributed By: Mike Phipps Finance on

I remember after the GFC I said something like, wow, now I’ve seen everything.   Wrong! We understand that these are challenging times.  I use the term challenging because really scary and uncertain just sounds too confronting! Please know that we are here for our clients and indeed anyone who needs us.  Having said that the banks have indicated that to expedite positive outcomes they are dealing directly with broker introduced borrowers and that’s fine.  If you need to us to support your case and liaise with your banker, we are here.  If you feel your bank is not stepping up please understand that they areRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Nick Buick on

Last week I met (virtually) with the Brisbane based software development start-up, Hutly (formerly known as Igloo) responsible for the development of a system called One Touch for RealWorks. They gave me a pre-launch preview of One Touch to discuss its suitability for our onsite managers. I was impressed and excited by what I saw, and am convinced this will rapidly become the industry standard for tenancy agreements. In an Australian first, this incredible system allows, at no cost, tenancy agreements to be issued and signed digitally. Once a lease agreement has been completed by the onsite manager in RealWorks, they send this to theRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: RealEstate.com.au on

Get filming, as you can start uploading your digital inspections today! These will appear within the ‘inspections’ section on your Buy and Rent listings on the realestate.com.au from today, and the App in coming weeks.  Samples of walk throughs – Sale property  https://www.realestate.com.au/property-house-vic-footscray-133045462Rental property  https://www.realestate.com.au/property-house-qld-brassall-428637838 Tips on creating a great digital inspection –  https://agent.realestate.com.au/digital-inspections Lighting and external noise Keep it short Captions Must be in YouTube format Remember our photographers can produce these for you very affordably. Ask me about this service on 0407769944 How to load your video or a 3D tour to your listing – Simply load these into the Virtual Tour or Include Video fields at the bottom of the photographyRead More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Your Small Business Borrower Rights Wow, how time flies. Would you believe it’s just over a year since the tabling of the Final Report of the Banking Royal Commission (it’s got a way longer official name, but you know what I’m talking about). I’m sure you would all agree that we are certainly enjoying the positive outcomes of the millions spent with fast and effective credit processes, improved banking industry culture and transparency and a customer interest first approach… or maybe not. In any event the circus that was the royal commission did divert attention from an earlier report that, for business borrowers, has farRead More →

In: The Management Rights Market

Contributed By: Patrick Bell FNX FInance on

Patrick Bell from FNX Finance has released his 9th series snapshot based on TheOnsiteManager.com.au database. His analysis below: Management Rights For Sale – Market Analysis January 2020 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 →

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