News


It's Melbourne Cup Time!


The race that stops the nation….Melbourne Cup is an Australian tradition and one that is responsible for halting work at least for the duration of the race throughout the whole of Australia.  Australians love a punt on the races – and Melbourne Cup is a lure for even those of us who hardly ever put on a bet.  In 2012 a record $500 million dollars was bet on the Melbourne Cup race at the TAB alone.  It is the richest 2 mile handicap race in the world. Melbourne Cup is held on the first Tuesday in November at Flemington Racecourse in Melbourne and is always the 7th race of the 10 races scheduled on the day.  Initially it was run on a Thursday, but this was changed to Tuesdays in 1875 and has remained that way ever since.  The first race was held in 1861 but it wasn’t until 1877 that it became a public holiday.  It was the only sporting event that was not halted during WW1 and WW2. A bit of Melbourne Cup Trivia: The youngest ever winn...

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Who makes a good Tenant?


The short answer to this question is “Not always the person you think!” Good Tenants cannot be judged on outward appearances alone- there have been plenty of well dressed, schmick Tenant/s who do a runner without paying rent and damage very exclusive properties.  The key to selecting a good Tenant is to have your Property Manager go through all the rental history and reference checks with you.  The idea is to pick the person who: Has the capacity to afford the rent Will pay the rent Will look after and maintain the property well Will have good business relationships with the Agency There are laws protecting Tenants from bias on discriminatory bases and these are for good reason.  It is impossible to lump all people of a certain gender, age or nationality in the same basket.  Each person needs to be evaluated on their own merit. The best indicator of future behaviour is in past behaviour.  It is highly unlikely that a person with a stellar ...

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When Is It Time to Leave?


No-one enjoys the ordeal of having to move.  All that packing, cleaning and re-organising your life can take its toll.  But – there are some things that you can do to minimise the trauma and bring organisation to the chaos.  Developing a schedule of what needs to be done and giving yourself time to deal with the things that you need to do will help make the move a lot less stressful. As soon as you have a moving date – do a stocktake of your possessions.  What do you have that you no longer need?  Moving can be a wonderful catalyst for having a proper clean out and getting rid of all the “stuff” that you have been hanging onto.  That bit of exercise equipment that never gets used but takes up space...Why not sell it?  One less thing to have to cart to your new home!  Garage sales can be a great way to rid yourself of old clothes, unused children’s toys or bits of furniture that you no longer need.  And – ...

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Getting Festive


It’s getting close to Christmas and the end of the year and, for most Australians, that means either celebrating Christmas or perhaps just celebrating the beginning of a new year. Before we get to a wonderful recipe for you to try out… a few tips: It is easy to forget the impact that festivities can have on our rental property – increased number of visitors and guests, home decorations, Christmas lights and trees, etc. When looking at putting up Christmas decorations – stay clear of sticky tape to put up tinsel, balloons or Christmas cards to your walls, doors or other fixtures as tape can often pull off paint and leave marks on the walls. And – be mindful of the Christmas tree too!  If you like a freshly cut authentic tree in a pot – make sure that you have something waterproof underneath the pot to stop the floor or carpeting getting damaged.  A knocked over pot full of potting mix can also damage carpet and be difficult to clean and...

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The Best Places in the World to See in the New Year


New Year – New Beginnings.  A time for reflection on our lives, a chance to reminisce and to think back on what has happened while looking forward to what the New Year may bring.   New Year is also a time for us to resolve to change – whether it be a promise to break bad habits; achieve something that we dream for, or just reach a goal that has been eluding us. Where is the best place to herald in the New Year?   Let’s take a round-the-world peek at some of the best New Year’s Eve hotspots for that once-in-a-lifetime experience….. Rio de Janeiro, South America Copacabana Beach – this is where around 2 million Rio natives and visitors come together for Revellion – the largest and one of the oldest New Year celebrations.  Everyone wears white and congregates along the beachfront to pay homage to Lemanja – Goddess of the Sea.  And let’s face it - no one throws a party like the Brazilians! Orlando...

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If your Tenant faces Financial Hardship


Life is messy and doesn't always go according to plan.  Situations can arise, even with the most dependable and reliable Tenant where they may not be able to pay their rent, or all of their rent, at a particular time. Property Managers build relationships with Tenants and stress the importance of early and good communication in these circumstances, but this still may not mean that Tenants are able to advise of an arising problem.  A sudden loss of employment, significant accident or a death in the family can result in a lack of funds to meet their rent obligations. If you have a good Tenant and the non-payment of rent is an anomaly rather than the norm, then it is worth considering entering into a payment plan or letting them out of the Lease in order to mitigate any further loss if there is no hope of their situation being resolved in the foreseeable future. A Tenant facing hardship on the grounds of excessive hardship can apply to the Tribunal for an urgent hearing to te...

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