Total Members: 158,433

bendbanks

  • bendbanks replied to the topic Property Management Software in the forum I’d recommend building your 16 years, 6 months ago

    I'd recommend building your own in access or excel if your not sure you'll get what you want try http://www.ifreelance.com you'll more than likely find a programmer who can knock that up for you really quick and easy. What your after if you give them enough detail they can return to you for us in excel or access.

  • bendbanks replied to the topic Still landlords forget about the management in the forum General Property 16 years, 6 months ago

    True,   but by spending sometime on the simple things involved in the management of your property you will find that you are less likely to experience unfortunate incidents. For instance we attended an eviction for one of our clients the other week. Only to find out the tenant we where evicting was moving down the road (it was a little further t…[Read more]

  • bendbanks replied to the topic Still landlords forget about the management in the forum General Property 16 years, 6 months ago

    Anni,    The case above does in fact have a property manager involved. I try to make clear to all landlords that whether you manage the property yourself or have someone do it for you it takes time and you need to invest some in time in the management. Now what do I mean by this well rather than give you a simple answer I'll draw up a post to…[Read more]

  • bendbanks replied to the topic what insurance do I need for residential investment property? in the forum Legal & Accounting 16 years, 6 months ago

    Floyd,    You should be able to get your building insurance from your loan provider most have some sort of facility these days. You'll also need a specific Landlords Policy. Landlords Policies vary in price depending on state to state. You need to really look at each one as they all cover very different things and have different rules on what th…[Read more]

  • bendbanks replied to the topic Co-Develop in the forum General Property 16 years, 6 months ago

    I think you need to confirm the company we are all talking about 1st as whilst I can confirm the above statement I have down load a copy of the report and looked at the website and the two do not match up. I think what you may have come across is either an old website or a front. Based on that I'd stay clear.

  • bendbanks replied to the topic Pets in a Rental Property in the forum Help Needed! 16 years, 6 months ago

    Nicole,    Okay basically you are stuffed you CAN NOT modify a lease after it has been signed without both parties agreeing to it. 2nd you need to confirm that there is in fact a pet in the property, you left yourself open by saying you would prefer not to have pets, if you don't want pets then say in the lease plain and simple NO PETS. If th…[Read more]

  • bendbanks replied to the topic Co-Develop in the forum General Property 16 years, 6 months ago

    Hi, I asked around to some of my contacts. If the company is the same then from all accounts they are not to bad. My understanding is they or may offer second tier lending as well(they move very quickly on deals as well). Other than that can't really help sorry I have a contact who has had three deals with them and has offered to answer any…[Read more]

  • bendbanks replied to the topic HELP – Tenant not paying rent in the forum Legal & Accounting 16 years, 6 months ago

    jsawtell,    You don't need a lawyer for this as they will charge way to much. Your agent should make for an emergency warrant on the property. Unless it's the agents fault there was no bond or lease signed (did you have a appointment to act signed with you agent?) you'll more than likely looking at a debt collection process and possibly and ev…[Read more]

  • bendbanks replied to the topic Tenant Databases you’re crazy if you dont in the forum General Property 16 years, 6 months ago

    Hi, yes there are a couple of tenancy databases out there for landlords and property managers to use.My company has two Barclay MiS FastTrack and a new service being started shortly called Tenant Search (specifically for private landlords). There are two others TICA and NTD, this are consider to form the big 3 for lack of a better name. There are…[Read more]

  • bendbanks replied to the topic Tenant Selection in the forum General Property 16 years, 7 months ago

    sorry about thatupdated linkwww.barclaymis.com.au/snippets/YumYum_Iron_Cheif/DraftTAF.pdf

  • bendbanks replied to the topic Breaking the Lease in the forum Legal & Accounting 17 years, 1 month ago

    Joseph,
    We do this work for landlords all over Australia. Send me an email and I’ll contact you I’m happy to provide you with all the adive you need (free of charge). But in the short term here are some key points;
    1. MAKE SURE YOU GET A FORWARDING ADDRESS, did you take a tenancy application form, did you take a bond
    2. when is the lease due to…[Read more]

  • bendbanks replied to the topic Self management of IP in the forum Help Needed! 17 years, 1 month ago

    http://www.barclaymis.com.au/links.php

    Should help you with all the links you might need.

  • bendbanks replied to the topic Friends as Tenants?? in the forum Help Needed! 17 years, 1 month ago

    Okay I have to be honest I hate these cases whilst Yes it can work I’m working on one at the moment that didn’t work and believe me when I say it didn’t work.
    I’d recommend using my Private Landlords plan http://www.barclaymis/products/pls.php
    It will provide you with all the advice you need and help if things start to look like going pear shaped…[Read more]

  • bendbanks replied to the topic how do i sack a Bodycorporate manager? in the forum Help Needed! 17 years, 1 month ago

    vyaw2003,
    Okay this is fun [laughing]. Sacking a BC is not an easy task, you need 51% of your owners to agree, at that time you need a very good reason to sack a BC as like PM’s they may have purchased the rights to manage the BC and there for will fight you all the way. The cost of switching well there is no real cost BC charge a commission on…[Read more]

  • bendbanks replied to the topic Property Managers – Brisbane in the forum Help Needed! 17 years, 1 month ago

    Hi BreakEven,
    The starting point is about 6% up to 10%. This depends on what services your property manager covers. Remember some charge of inspections, tenant checks the list goes on. Send me a PM and I’m happy to provide you with a list of clients that use our services in the Paddington area that would only be to happy to talk to you.

  • bendbanks replied to the topic insurnace cover advice in the forum Help Needed! 17 years, 1 month ago

    Hi Johann22,
    Whilst you have a nice idea, I know of no property insurance that would even come close to looking at providing protection from natural causes.
    In talking with my underwriter about building issues he just [laughing] and said move on to the next topic please when it came to the topic of the drought and its effects on the building…[Read more]

  • bendbanks replied to the topic Increasing rent in the forum Help Needed! 17 years, 2 months ago

    Gina,
    I have clients talk to me about this all the time. Do you have a rental review section in your lease? If not then you have a problem, a fixed term lease can not be altered to allow for new provisions and you can not write to the tenant during a fixed term lease and say you are putting the rent up IT DOES not work that way unfortunately.
    My…[Read more]

  • bendbanks replied to the topic charge tenants for water in the forum Help Needed! 17 years, 2 months ago

    Okay here is how it works;
    QLD: tenants can only pay for excess water and excess water only
    NSW & VIC: can be made to pay all of it IF it is in the lease

    I’m getting more and more cases of this of late.So change your lease to include this as the cost to go to small claims to cahse a tenant for this is generally a upfront fee plus a…[Read more]

  • bendbanks replied to the topic Landlords insurance 2 good 2 be true? in the forum Help Needed! 17 years, 2 months ago

    Captain M with regards to your issue if you go to your states tribunal and get a oder for monies owed less the bond the insurance will generally pay out on that. Note that the legal process for residential matters is different to and DOES not affect a tenants credit rating.

    As for Landlords insurance well it is a necessary evil unfortunatly and…[Read more]

  • bendbanks replied to the topic Landlords insurance 2 good 2 be true? in the forum Help Needed! 17 years, 2 months ago

    Hi everyone,
    1st of all Landlords insurance is relative to whether you have the property managed by an agent or that you do it yourself. There are a number of companies out there that provide Landlord insurance. Premiums depend on self managed or agent managed then where the property is located.
    I work for a company who specialise in this area of…[Read more]

bendbanks

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