PropertyInvesting.com | bendbanks | Activity https://www.propertyinvesting.com/members/bendbanks/activity/ Activity feed for bendbanks. Tue, 14 Apr 2026 22:30:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1d20c76bcc8f3a44e5e76f181bfe3b15 bendbanks replied to the topic Tenant Databases you're crazy if you dont in the forum General Property https://www.propertyinvesting.com/topic/4391155-tenant-databases-youre-crazy-if-you-dont/#post-4575866 Wed, 26 Mar 2008 04:20:05 +0000 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]

]]> a969012830643223ec14cac143386dd2 bendbanks replied to the topic Tenant Databases you're crazy if you dont in the forum General Property https://www.propertyinvesting.com/topic/4391155-tenant-databases-youre-crazy-if-you-dont/#post-4575865 Wed, 26 Mar 2008 04:15:39 +0000 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.

]]> 3bb4c17a6afe19960b73f40706197402 bendbanks replied to the topic Advise needed - Tenant says its too hot in summer in the forum Help Needed! https://www.propertyinvesting.com/topic/4392538-advise-needed-tenant-says-its-too-hot-in-summer/#post-4583793 Tue, 04 Mar 2008 00:25:20 +0000 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]

]]> f6650161c1dea0dac3def591328b7258 bendbanks replied to the topic Costly tenant - ongoing issues! in the forum This is an easy one. The https://www.propertyinvesting.com/topic/4392530-costly-tenant-ongoing-issues/#post-4583772 Mon, 03 Mar 2008 08:15:12 +0000 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]

]]> 1e18f465b21afff1b956a496d6040c84 bendbanks replied to the topic Tenancy Application - PM won't provide details to landlord in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4392453-tenancy-application-pm-wont-provide-details-to-landlord/page/2/#post-4583435 Mon, 03 Mar 2008 08:08:19 +0000 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]

]]> 58c4daf4528d431c89278713f4d40925 bendbanks replied to the topic 8 January 2008: Squatters in my house - how do I get them out ? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391882-8-january-2008-squatters-in-my-house-how-do-i-get-them-out/#post-4580344 Mon, 21 Jan 2008 07:23:26 +0000 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]

]]> 30b252cbe4dcddbe3084ffad75003b57 bendbanks replied to the topic First IP, what should I do to get ready? in the forum Just quickly,   1. when https://www.propertyinvesting.com/topic/4391623-first-ip-what-should-i-do-to-get-ready-2/#post-4578377 Mon, 10 Dec 2007 00:34:07 +0000 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]

]]> 5717ee54710096ce0d26838aa5f21d48 bendbanks replied to the topic Advice needed on house and contents insurance for IP, the must haves and the not needed. in the forum Help Needed! https://www.propertyinvesting.com/topic/4391439-advice-needed-on-house-and-contents-insurance-for-ip-the-must-haves-and-the-not-needed/#post-4577199 Fri, 07 Dec 2007 07:04:30 +0000 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]

]]> b57b1f36a5efe1c2bbbd68a2008cf6ad bendbanks replied to the topic bankrupt tenant in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391610-bankrupt-tenant/#post-4578315 Fri, 07 Dec 2007 06:56:35 +0000 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]

]]> 3aee4105b397c64342c88b566275d2bc bendbanks replied to the topic First IP, what should I do to get ready? in the forum Hello,    $160 does seem https://www.propertyinvesting.com/topic/4391623-first-ip-what-should-i-do-to-get-ready-2/#post-4578372 Fri, 07 Dec 2007 06:47:28 +0000 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]

]]> 60269fbd847398616bc1675fd06e27bf bendbanks replied to the topic Recommendation for property managers in Perth in the forum General Property https://www.propertyinvesting.com/topic/4391572-recommendation-for-property-managers-in-perth/#post-4578102 Mon, 03 Dec 2007 13:03:20 +0000 Hi,    Send me a email and I'm happy to pass on my clients contact details.

]]> 413f2c5c936be507f0cd4b8c3470394a bendbanks replied to the topic Recommendation for property managers in Perth in the forum General Property https://www.propertyinvesting.com/topic/4391572-recommendation-for-property-managers-in-perth/#post-4578099 Mon, 03 Dec 2007 07:03:42 +0000 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.

]]> f262761b0bbd85803e2f416b0356479f bendbanks replied to the topic no rent for six months in the forum General Property https://www.propertyinvesting.com/topic/4391566-no-rent-for-six-months/#post-4578067 Mon, 03 Dec 2007 00:18:44 +0000 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]

]]> 6eb320dd633a8ce3953a395e275aefd0 bendbanks replied to the topic Help needed finding good property manager - Perth in the forum Help Needed! https://www.propertyinvesting.com/topic/4391546-help-needed-finding-good-property-manager-perth/#post-4577950 Thu, 29 Nov 2007 03:02:27 +0000 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]

]]> 01f2a457f0de1ac4f56fe9bdf3f8adc4 bendbanks replied to the topic Ideas on finding out Owner Contact Details on a Property in the forum Hi,    there are number https://www.propertyinvesting.com/topic/4391533-ideas-on-finding-out-owner-contact-details-on-a-property/#post-4577822 Wed, 28 Nov 2007 02:20:00 +0000 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]

]]> 721a4855a7bc085e15311274386fe560 bendbanks replied to the topic Insurance for IP in Queenland in the forum Help Needed! https://www.propertyinvesting.com/topic/4391537-insurance-for-ip-in-queenland/#post-4577921 Wed, 28 Nov 2007 01:06:07 +0000 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]

]]> c29f456046845635e99fc7c0b6961af4 bendbanks replied to the topic Writing is on the wall - Labour will win in the forum Opinionated! https://www.propertyinvesting.com/topic/4391519-writing-is-on-the-wall-labour-will-win/#post-4577743 Sun, 25 Nov 2007 08:21:40 +0000 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]

]]> fc4c30933b3e33f6d9e6b2d48447a6df bendbanks replied to the topic Renting My PPoR in the forum Help Needed! https://www.propertyinvesting.com/topic/4391478-renting-my-ppor/#post-4577429 Tue, 20 Nov 2007 00:06:15 +0000 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]

]]> 08863c871d154685ff719e0129787713 bendbanks replied to the topic Property Manager Rates in the forum General Property https://www.propertyinvesting.com/topic/4391460-property-manager-rates/#post-4577330 Sun, 18 Nov 2007 07:30:28 +0000 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]

]]> 2377f474f6e5a79530e2914f26ba8162 bendbanks replied to the topic Is it my responsibility or the Body Corp? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391412-is-it-my-responsibility-or-the-body-corp/#post-4577082 Fri, 09 Nov 2007 08:03:24 +0000 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.

]]> 7e378197705f2dc534a6f60807f7f278 bendbanks replied to the topic Property Management Software in the forum I'd recommend building your https://www.propertyinvesting.com/topic/4391408-property-management-software-7/#post-4577065 Fri, 09 Nov 2007 07:59:01 +0000 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.

]]> c21de0aad221817140e80a52ebfbed3e bendbanks replied to the topic Still landlords forget about the management in the forum General Property https://www.propertyinvesting.com/topic/4391333-still-landlords-forget-about-the-management/#post-4576739 Tue, 06 Nov 2007 00:39:02 +0000 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]

]]> 44a3fdf5ff29d612bbf349e3eb7178ec bendbanks replied to the topic Still landlords forget about the management in the forum General Property https://www.propertyinvesting.com/topic/4391333-still-landlords-forget-about-the-management/#post-4576737 Mon, 05 Nov 2007 01:30:57 +0000 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]

]]> ef55d29e3b75e78d9ea3cb48ee45c01c bendbanks replied to the topic what insurance do I need for residential investment property? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391291-what-insurance-do-i-need-for-residential-investment-property/#post-4576547 Tue, 30 Oct 2007 04:08:36 +0000 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]

]]> 56762a3e395888e24b572e72cafc388e bendbanks replied to the topic Co-Develop in the forum General Property https://www.propertyinvesting.com/topic/4391176-co-develop/#post-4575962 Thu, 18 Oct 2007 07:37:28 +0000 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.

]]> 21896f3431359fab79f42faa6783196a bendbanks replied to the topic Pets in a Rental Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4391037-pets-in-a-rental-property/#post-4575364 Thu, 18 Oct 2007 07:18:47 +0000 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]

]]> 69440a020f2c15f220ec7152e318a71d bendbanks replied to the topic Co-Develop in the forum General Property https://www.propertyinvesting.com/topic/4391176-co-develop/#post-4575960 Thu, 18 Oct 2007 07:05:16 +0000 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]

]]> 558eb2fcaba22507b111fe8f8d6269a8 bendbanks replied to the topic HELP - Tenant not paying rent in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391005-help-tenant-not-paying-rent/#post-4575188 Thu, 18 Oct 2007 05:03:33 +0000 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]

]]> e3cd443345a6bcbea5a336b68ea3b881 bendbanks replied to the topic Tenant Databases you're crazy if you dont in the forum General Property https://www.propertyinvesting.com/topic/4391155-tenant-databases-youre-crazy-if-you-dont/#post-4575859 Wed, 17 Oct 2007 07:25:30 +0000 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]

]]> ea69aaff17596894cb1df3e6c0720eee bendbanks replied to the topic Tenant Selection in the forum General Property https://www.propertyinvesting.com/topic/4391101-tenant-selection-3/#post-4575637 Thu, 11 Oct 2007 05:27:24 +0000 sorry about thatupdated linkwww.barclaymis.com.au/snippets/YumYum_Iron_Cheif/DraftTAF.pdf

]]> 98756796b14ca1178ef749b8c63c6b7e bendbanks replied to the topic Breaking the Lease in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388634-breaking-the-lease/#post-4563204 Tue, 13 Mar 2007 01:37:33 +0000 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]

]]> 99dcfb9b8d146de14d9ea146abcad6ad bendbanks replied to the topic Self management of IP in the forum Help Needed! https://www.propertyinvesting.com/topic/4387158-self-management-of-ip/#post-4556329 Mon, 12 Mar 2007 02:44:08 +0000 http://www.barclaymis.com.au/links.php

Should help you with all the links you might need.

]]> 3165fa6dea6bcb1d4c22f9a8a5e6ffc6 bendbanks replied to the topic Friends as Tenants?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388344-friends-as-tenants/#post-4561682 Mon, 12 Mar 2007 02:31:33 +0000 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]

]]> e1a7f7426d92a5b142630166a4a9ac7a bendbanks replied to the topic how do i sack a Bodycorporate manager? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388641-how-do-i-sack-a-bodycorporate-manager/#post-4563240 Mon, 12 Mar 2007 01:55:13 +0000 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]

]]> 0174ea9b5dd1216a06f51664f4cce646 bendbanks replied to the topic Property Managers - Brisbane in the forum Help Needed! https://www.propertyinvesting.com/topic/4388811-property-managers-brisbane/#post-4563919 Mon, 12 Mar 2007 01:33:45 +0000 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.

]]> 78f673957847f5955a535c21cd72434c bendbanks replied to the topic insurnace cover advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4388799-insurnace-cover-advice/#post-4563835 Mon, 12 Mar 2007 01:27:54 +0000 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]

]]> d860314431a6af37fc33d70f597d18d4 bendbanks replied to the topic Increasing rent in the forum Help Needed! https://www.propertyinvesting.com/topic/4388328-increasing-rent-2/#post-4561618 Fri, 09 Mar 2007 07:18:14 +0000 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]

]]> 19e4ca50cb66b3224a2c81b8a8c68039 bendbanks replied to the topic charge tenants for water in the forum Help Needed! https://www.propertyinvesting.com/topic/4388630-charge-tenants-for-water/#post-4563190 Fri, 09 Mar 2007 06:58:38 +0000 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]

]]> 815ed7416a8551b3a9c30b50502ab767 bendbanks replied to the topic Landlords insurance 2 good 2 be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388640-landlords-insurance-2-good-2-be-true/#post-4563239 Wed, 07 Mar 2007 05:01:42 +0000 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]

]]> 672c3edf350b6bdcb195d47b2013e87b bendbanks replied to the topic Landlords insurance 2 good 2 be true? in the forum Help Needed! https://www.propertyinvesting.com/topic/4388640-landlords-insurance-2-good-2-be-true/#post-4563238 Wed, 07 Mar 2007 04:54:15 +0000 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]

]]>