Renting to housing commission

Not really as I imagine the HC makes payment directly to the landlord or PM.

Just make sure the HC doesn’t provide a subsidy to the Tenant and then it is upto them to make payment directly to you as you might never see it.

I have a number of my Vendor Finance deals with Tenants who are receipt of rental assistance / some of Commonwealth Benefit and they are excellent to deal with as they send you a statement each fortnight, call to let you know they are going to be late doing a payment run (i.e Christmas Day etc) and any issues I ring them direct.

Cheers

Yours in Finance

Be aware that (at least in Victoria) it is virtually impossible to succeed at tribunal in keeping any of the bond if it was paid by the Dept of Housing.

Hi @jodyt

I mean when the tenant leaves. There are two different styles of Dept Housing tenancy. One being Dept Housing is the tenant and they sublet to whomever they please. The other is an individual applying directly for your property and Dept Housing paying their bond and possibly also their rent.

Check the make good provisions for the head lease – it’s been the case in many States that housing commission/State housing has been lax on inspecting and managing their own stock. This is where there’s been a steady stream of destroyed houses come into private hands from the State government through gradual selloffs.