Total Members: 158,377

bendbanks

  • bendbanks replied to the topic Tenant Databases you’re crazy if you dont in the forum General Property 16 years, 1 month ago

    I would also like to point out that a landlord and tenant both have the same right to a fair hearing and that really a tenant should only be placed on a database once correct legislated steps have been taken. There is nothing stopping a tenant taking a landlord to each states respective small debt body or appearing when a landlord/agent takes the…[Read more]

  • bendbanks replied to the topic Tenant Databases you’re crazy if you dont in the forum General Property 16 years, 1 month ago

    Aero,    I wish you the best of luck with that website and hope you have a very good lawyer who works cheaper for you as you are going to need it.

  • bendbanks replied to the topic Advise needed – Tenant says its too hot in summer in the forum Help Needed! 16 years, 1 month ago

    Hi, The options you point out are all reasonable, the weekly rent increase would depend on where the property is located and what the current rent is, remember just putting aircon is not in some cases a market driven reason to increase the rent (i.e is it a standard feature in the area and how does it reflect to your current rent). With regards…[Read more]

  • bendbanks replied to the topic Costly tenant – ongoing issues! in the forum This is an easy one. The 16 years, 1 month ago

    This is an easy one. The tenant under the act must in writing via letter then a breach notice inform you of any issues they have. Pest are in fact your problem and you should the property treated every 12 months or so I think is the normal. However if the tenant under their one steam does work then they do so unless in writing between yourself and…[Read more]

  • okay 1st thing 1st from technical point of view the agent/pm has a duty of care to both parties (landlord/tenant), 2nd thing is that almost every agent I deal with (over 3500) has a privacy agreement that they supply to tenants when they submit there application form (link is to a sample privacy statement for personal reference if you wish) which…[Read more]

  • Interesting read this post is. My company specialises in this sort of situation. Couple of things I should point out one just cause there is a agent know involved does not mean that you can claim a bond or even charge rent for that matter. The party who placed the tenants in the property HAS the right do just this and agent can not know turn up on…[Read more]

  • bendbanks replied to the topic First IP, what should I do to get ready? in the forum Just quickly,   1. when 16 years, 4 months ago

    Just quickly,   1. when you purchase you need the building insurance correct2. I would recommend that you look into a specific LL policy only form the point view that the combined ones are in some cases very limited compared to the full on LL policies available on the market.As to the question above from Daedalus about discount for multiple p…[Read more]

  • Okay the 1st thing is your are after two different things investment properties should really have 2 types of insurance, building and landlords. Landlords will cover you for things such as tenant damage, rent, contents and that sort of thing. the building covers you for structural type aspects. There are a number of companies out there who offer…[Read more]

  • bendbanks replied to the topic bankrupt tenant in the forum Legal & Accounting 16 years, 4 months ago

    Hi,    Well unfortunately you may have to treat this a learning experince. You have the bond still I'm assuming, but even if there is an administrator it would be safe to say that you would be at the bottom of the list.  This is an unfortunate downside to property investing, check your LLI policy . The  policy my firm provides would cover you in t…[Read more]

  • bendbanks replied to the topic First IP, what should I do to get ready? in the forum Hello,    $160 does seem 16 years, 4 months ago

    Hello,    $160 does seem cheap for landlords insurance you should really check the policy to see what it covers. The policy that my company provides to landlords (depending on your state) starts at $255 and ends at $325. All the companies who specialise in landlords insurance are around these sorts of figures depending on your state. You really ne…[Read more]

  • bendbanks replied to the topic Recommendation for property managers in Perth in the forum General Property 16 years, 4 months ago

    Hi,    Send me a email and I'm happy to pass on my clients contact details.

  • bendbanks replied to the topic Recommendation for property managers in Perth in the forum General Property 16 years, 4 months ago

    Hi,   I have a couple of clients that look after the greater Perth area, can I have a location so as to which one may suit you best.

  • bendbanks replied to the topic no rent for six months in the forum General Property 16 years, 4 months ago

    Milly,       6 months I have case worse than that trust me. You have only one option issue a notice to leave and then once they have ignored that (which they more than likely will) prepare documents for an emergency hearing (Small Claims Tribunal) and get yourself a Warrant of Possession. This is your one and only option. I have posted a few time…[Read more]

  • bendbanks replied to the topic Help needed finding good property manager – Perth in the forum Help Needed! 16 years, 5 months ago

    Hi Peter,    16.5% holy s%^t that's a lot mind you not sure if that's normal for WA. I have a client who uses our services in Perth. I'm happy to pass his details on to you or yours to him. Send me an email.Also who ever wrote that article is talking S$%t. I have clients all over Australia and some have sales and some don't its the quality of th…[Read more]

  • Hi,    there are number of resources available for this, however a Australian High Court ruling a couple of weeks back states that these services can not provide owners information (could give you the full details but that's about the long and the short of it). the main resource are rpdata, pds solution, you can go to council or the titles of…[Read more]

  • bendbanks replied to the topic Insurance for IP in Queenland in the forum Help Needed! 16 years, 5 months ago

    Hi Nadine,      Okay from the top;1. Your building insurance will come with the option for a public (or legal) liability cover when you take it out.2. Lessor protection and Landlords insurance are the same thing and range in price depending on what you are after. Couple   of things to watch out for,    2.1 if you take the cover that is offered…[Read more]

  • bendbanks replied to the topic Writing is on the wall – Labour will win in the forum Opinionated! 16 years, 5 months ago

    The really sad thing is that their (alp) 1st budget will still have all the good work from Peter and John still there. The 2nd one, well if they have any money left I'd be very surprised but like Peter said if they touch that future fund I'll personally stick my foot up the Wayne Swans butt.You really have to ask the ? of the greater Australian…[Read more]

  • bendbanks replied to the topic Renting My PPoR in the forum Help Needed! 16 years, 5 months ago

    Hi Ptialv,    1. have a min of 3 agents look at the property and give you their advise on weekly rent.2. check out realestate.com.au, domain.com.au and the local paper and compare for your self (this is a landlords most powerful tool today being able to really compare and not just take an agents word)3. Go over with you agent what they are do…[Read more]

  • bendbanks replied to the topic Property Manager Rates in the forum General Property 16 years, 5 months ago

    Hi Shanshan,    You need to look at a couple of things, 1st the commission is broken down into two separate sections the 1st is the collection of rent the 2nd is the management fee. From there most offer free 1/4 inspection, some charge for this service (even though you are under the law allowed 4 per year and you can attend them if you so wi…[Read more]

  • bendbanks replied to the topic Is it my responsibility or the Body Corp? in the forum Help Needed! 16 years, 5 months ago

    pipes form part of the 'common area' there for they are BC issue. Speak with you BC manager not the on site manager to resolve this matter.

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