Hi there,
I have two properties in Brisbane
One agent I negotiated to 6.5% GST inclusive+4.40petties.
The second property is rented to a housing group – $210/wk rent (market value) – a fairly tight contract to maintain the property and return to original condition upon exiting. The housing group manage it for the subtenants – no fees to me – has been with this group for four years, and no problems what so ever – and I get all of the rent!!!
LR[
]Dom
A useful reference if you want to have a go at managing your own properties is the Australian Landlords Handbook by Suzi Bilosh. $21.95.
Cheers
Mel
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