Management Rights

Motels

Caravan Parks

Employment

 

In: Uncategorized

Contributed By: Nick Buick on

We’re very proud to welcome Property Bridge in joining a large and ever-increasing number of discerning brokers who choose to list exclusively on our portal. Currently, TheOnsiteManager has over 100% more Management Rights listed than the nearest competitor and seven times the audience size. Exclusive Brokers are rewarded with significantly better placement and more exposure on the site, ensuring vastly higher enquiry rates and delivering the largest possible targeted audience to vendors. If you’re considering selling your Management Rights in 2021 insist that your broker lists exclusively on TheOnsiteManager.com.au. We wish Property Bridge a very prosperous 2021!Read More →

In: Uncategorized

Contributed By: Mike Phipps Finance on

It will come as no surprise to regular readers that, as always, I’m running late on my deadline. This time of year is doubly challenging as the pending holiday break brings forward the next deadline and thus, two articles fall due almost simultaneously. As is my habit the framework of these bulletins is laid out in the most unreliable repository imaginable.  That is, my head.  More precisely, a rambling set of imaginings coerced into some semblance of an idea while sitting on my ride on mower on a Saturday arvo.  That said mower has a stubby holder goes without saying.  It is a miracle ofRead More →

In: Uncategorized

Contributed By: Nick Buick on

Stage 3 Lockdowns tonight from 6pm till Monday 6pm in Greater Brisbane Brisbane, Ipswich, Logan, Moreton Bay, Redland Bay areas. Gold and Sunshine Coast not affected. Residents may only leave homes for: Shopping for essential items Medical or healthcare needs, including compassionate requirements Exercise with no more than one other person, unless all from the same household Providing care or assistance to an immediate family member Work, or volunteering, or study if it is not reasonably practicable to work or learn remotely Child custody arrangements Legal obligations Visit for end of life Attend funeral or wedding in line with restrictions. Open Homes and InspectionsObviously, theseRead More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Those of you who follow this column (a sure indication of nothing better to do) may recall recent mention of the so-called Wagyu and Shiraz case. For those who do have better things to do here’s a quick snapshot from that article: Following the banking royal commission living expense tests, which can have a significant impact on debt service capacity outcomes, have moved to a more individual level rather than a standard allowance as was previously the case. This has led to borrowers being compelled to detail living costs in great detail and lenders to trawl through bank statements in some bizarre attempt to establishRead More →

In: Landlords, Tenants, Renting and Management, Motels and Hospitality

Contributed By: Nick Buick on

I’ve owned and managed holiday rentals for several years now, and one thing that has always concerned me is the prospect of dirty greasy nasty little hooligans renting a property and turning it into a party house. The risks of such an incident are obvious: Property damage, noise complaints, theft, fights and assaults, and possibly even local council issues. Here’s the steps I’ve taken to greatly reduce these risks to almost zero! Property Descriptions Pay attention to how you’re presenting your holiday accommodation in your marketing. I always make an effort to clearly state in the marketing that the property is not a party house,Read More →

In: Uncategorized

Contributed By: Mike Phipps Finance on

Before we begin……………… To pull a rabbit from a hat. “to do something very clever and unexpected that solves a problem.” To get one’s ducks in a row “to ensure all of the small details or elements are accounted for and in their proper positions before embarking on a new project. In written form, most believe the term originated in the 1970’s. But at least one article has been found where the term was used as early as 1932.” What strange days these are.  Not that long back our business was booming, and new loan approvals came thick and fast.  In fact, the loan approval was scarcelyRead More →

In: The Management Rights Market, Uncategorized

Contributed By: Nick Buick on

I recently I came across this rather awesome Management Rights marketing video put together by Tim Crooks and Alex Cook from Resort Brokers. This is definitely one of the best MR Videos I’ve ever seen. Beautifully shot and art directed and just a little bit quirky, as you’d expect from these guys. …oh, it’s a pretty good listing too. Having actually lived next door to the Hendra complex I watched it being developed with enthusiasm and it’s an absolutely stunning property, so don’t forget to reach out to Tim or Alex if you’d like more information – see the link here: https://www.theonsitemanager.com.au/permanent-management-rights/BrisbaneCity-QLD-21067390 … But also,Read More →

In: Uncategorized

Contributed By: Nick Buick on

Yesterday we were thrilled to co-host the manager’s social Burger and Bowls Day at The Boo in Newstead with our friends from Resort Brokers. We had 106 managers RSVP which was a great number. It was wonderful to see so many of our managers come along, particularly many I’d never met before in person. We had lots of laughs, a fair bit of beer, and even some bowling. Thanks so much to Resort Brokers for putting on the day, in particular Marissa, Caitlin and Gareth.Read More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Maximising Your Price and Minimising Stress When listing your management rights for sale it is important to appreciate that much of the information you provide will ultimately inform buyer offers and support a bank finance application. The more accurate and complete the information provided from the outset the more confident a buyer can be and the less chance of challenges as the process unfolds. The maxim in valuation has always been certainty = value, so it stands to reason that accurate and detailed listing information will attract the most appealing offers. In our business we use the listing information to pre-qualify buyers so any errorsRead More →

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