Management Rights

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In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

In our business we spend a lot of time with new clients as they go through the journey of discovery that leads to the decision to purchase an accommodation business. That process can take weeks, months and sometimes years. Because we don’t charge fees to clients we certainly hope that one day they borrow some money and we make a few dollars. However, we have a duty of care to put the clients’ interests rest and if that means helping them to not make a bad decision then so be it. At some point in our work with new clients a suitable asset will beRead More →

1form

In: Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Nick Buick on

When we initially activated 1Form for our managers almost a decade ago, we were shocked to be met with an overwhelming chorus of protests. Back in those days, managers were not impressed that they were receiving applications via 1Form and demanded we switch the service off again, at once! The objections ranged from inconvenience at having to use something “new”, to distrust of a 3rd party forwarding tenant information, to the complaint that they were “getting too many applications” for properties (Do you remember when getting too many rental applications was your biggest problem? What a time to be alive!) Of course this was 8-9 years agoRead More →

Fill It For Fiji

In: General Interest

Contributed By: Real Strategix on

As you know a couple of months ago when Fiji was hit with that terrible cyclone Real Strategix and La Grande Apartments arranged a joint venture to supply items via shipping container to Fiji.  We are pleased to advise the container has arrived and all of you that donated have brought so much joy and assistance to the beautiful people of Fiji.  Here are a few photos. Unloading the items Crossing flood waters Toki Village devastation Yacata IslandRead More →

RTA and OFT

In: Events

Contributed By: Nick Buick on

The next Free to Enter ARAMA members event will feature Residential Tenancies in Queensland. Lynn Smith the Senior Education Officer from the RTA will enlighten and educate attendees regarding tenancy administration and recent changes to the Residential Tenancies and Rooming Accommodation Act. As a bonus, Lyn will be joined by Nick Pirie from the Office of Fair Trading who will bring members up to date with the latest developments from the OFT. Both Lynn and Nick will participate in the ever popular Q&A session towards the end of the night. If you are involved in managing Residential Tenancies or were thinking of becoming involved in managing this specialisedRead More →

Smoking in Strata

In: Body Corporate

Contributed By: Hynes Legal on

We have no idea how we haven’t written about this issue before but in terms of frequently asked questions in strata this is one of the biggies. If you were a smoker you couldn’t help but feel a little threatened (and perhaps rather heavily taxed) given the range of legislated rules around smoking.  Smoking has now been banned in aged care facilities and one of the recent state government discussion papers on strata title laws specifically asked for comment about smoking in strata title schemes. And before anyone asks, no, we haven’t seen draft legislation or feedback from the government in relation to any ofRead More →

In: Events, General Interest

Contributed By: Peter Hawtin on

This is not an introduction. It is the actual first half-day of our 2-day training. The actual value is $495 (JUST $49). This workshop is exclusively available to onsite managers and will give you the tools to create wealth through a Management Rights business, achieve a generous cash flow & have the free time & flexibility to enjoy a balanced lifestyle. WE’LL COVER: Dealing with ‘Outside Agents’ Navigating ‘Body Corporates’ Running a ‘Proactive’ Business VS a ‘Reactive’ Business Getting that Work Life Balance Building your ‘Rent Roll’ Streamlining the ‘Property Management Process’ Earning Additional income Maximising your fees Dealing with the 5 key ‘Objections’ Managing Owners & Tenants with EASE PreventingRead More →

In: Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: Real Strategix on

Finding a good relief manager is difficult, finding a great one is rare! I will ask you this, how much is your business worth in the hands of someone else? When we receive a phone call from a client requesting a relief manager and they ask how the process works, the one thing I am always upfront about is – “you will not be 100% satisfied as I guarantee they will do something incorrect” – this generally gets a gasp down the phone but I then explain the reason behind it is simple…. “they are not you”. You have run your resort for a numberRead More →

In: General Interest, Legal, The Management Rights Market

Contributed By: Short Punch & Greatorix on

Having grown up as a boy in Melbourne, before coming to the Gold Coast where I have been in our law practice for many, many years, I still have an interest in Melbourne and a curiosity as to how different the Management Rights situation is in both cities. I have realised that on the Gold Coast we freely integrate our tourists with our resident population and celebrate the tourist industry as a great feature, benefiting both residents and tourists alike. We have a very compatible resident and tourist use of our buildings particular because of our form of Management Rights where the on-site Caretaker andRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

Back in the day when I was a bank manager one of the marketing strategies the banks employed from time to time was pre-approved finance for home buyers. Basically we collected information from the client and gave them a letter saying they could borrow up to a certain amount subject to a formal finance application and a full credit assessment. The letter was not a finance approval and carried no obligation on behalf of the bank. In other words it was pretty much useless except that it did give potential home buyers an idea of their likely maximum loan and therefore what maximum purchase priceRead More →

In: General Interest, The Management Rights Market

Contributed By: Management Rights Sales on

“Tourism Brokers and MR Sales have merged allowing reciprocal rights to each other.  This means that as a Seller / Buyer you have twice as many people working for you.” MR Sales is QLD based and Qld is the home of management rights. The opportunities to add value from the joint experience to development and the accommodation industry on a national scale are phenomenal. TheOnsiteManager is a powerful service tool and medium to the industry that will assist in the industry expansion MR Sales are in expansion mode and are happy to hear from likeminded individuals that would be interested in joining our team. OnceRead More →

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