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Property Management | 3 Ways To Get Your Rented Home Repairs Undertaken Swiftly

Posted by on Jul 22, 2016 in Uncategorized | Comments Off on Property Management | 3 Ways To Get Your Rented Home Repairs Undertaken Swiftly

If you live in a rental apartment, then you’ve got certain responsibilities to upkeep the property. But sometimes, things can go wrong and it isn’t your fault. An electrical wire can go bad, a bathroom pipe can burst or a leak can appear out of nowhere on the roof. While you have to repair any damage you cause, your landlord is responsible for major problems that aren’t your fault. This guide shows you ways to get your rented home repairs undertaken swiftly when dealing directly with your landlord or property management company. Record The Repairs In Writing Recording your repair needs in writing is always recommended because it eliminates any room for dispute later. You don’t want to be in a position where the landlord deducts the repair costs from your rental bond without a written complaint because you will not be able to counter it in the court later. Recording any repair needs in writing also helps you put forth your needs in a more convincing manner.  Document The Problem By Taking Pictures Sometimes, a mere letter to the landlord or property management company isn’t enough to explain the gravity of the situation. If the problem is serious, document it by taking pictures so that the landlord and property manager are fully aware of the situation. This may prompt them into quicker action because they obviously don’t want any long-term problems with the home. For instance, a burst pipe will seep into walls and floors, which will affect structural integrity over time. Document pictures of water patches, burst pipes and puddles so that the landlord is compelled to take immediate action. Follow The Procedures Needed For Repairs As Detailed In The Contract Most rental contracts detail information about the procedures to be followed for urgent and non-urgent repairs. Make sure you follow them diligently to avoid any issues with your landlord later. By following these procedures listed in the contract when requesting repairs, your landlord cannot hold you responsible for anything that may have gone wrong in the apartment during this time. For instance, the lease may contain a list of approved repair technicians like plumbers and electricians who can either be contacted directly or through the property management company. If you get your own repair professional and something goes wrong, you may end up being responsible for not only the awry repair job, but also the added damage that results from it. If you’re looking to get your landlord or property management company to undertake repairs swiftly, follow these smart...

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Questions About Keeping an Asbestos Management Plan in Queensland

Posted by on Jun 30, 2016 in Uncategorized | Comments Off on Questions About Keeping an Asbestos Management Plan in Queensland

Asbestos is a very dangerous substance when its fibers are inhaled; it is associated with many breathing disorders and even certain forms of cancer. This doesn’t mean a business owner is obligated to have it removed if it’s found in a building or on their property, as he or she can put an asbestos management plan in place. This refers to their plan for how they will contain the asbestos and keep workers and visitors safe when on the premises. If you own a business or building in Queensland and are concerned about asbestos inside, note a few questions you might have about an asbestos management plan and what this includes, as well as your obligations regarding that plan. What details regarding asbestos need to be in the management plan? Virtually all details regarding the asbestos in your building need to be in this plan; this includes any decisions you make about asbestos containment, such as the containment measures you’re now using and if you should change those measures in the future. The plan also needs to include the safety precautions taken to keep workers and visitors safe, and how often you have the asbestos containment measured inspected and by whom. Training arrangements for all workers who may be exposed to asbestos also needs to be included, as well as the names of persons responsible for asbestos containment and control. If you’re unsure if a detail needs to be included, it’s best to have it as part of the plan so you don’t face any fines or fees for omitting important information. What about naturally occurring asbestos? While asbestos is often added to certain substances to give them strength and resiliency or has been used in the past as an insulating material, it also does occur naturally. Asbestos may be found in soil or in mining areas. Even if the asbestos on your property is naturally occurring, you still need an asbestos management plan in place, including the many details above such as safety precautions and training for workers. Who is allowed to see this plan? The asbestos management plan in your workplace must be readily accessible to all employees and others at the workplace. This might include contract laborers or those hired to renovate or remodel any part of the building, even if it’s not near the asbestos. It must also be accessible to any health and safety workers from the government who arrive to inspect the building for any...

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How to Save, and How to Avoid Overspending, on a Hotel Reservation

Posted by on Jun 16, 2016 in Uncategorized | Comments Off on How to Save, and How to Avoid Overspending, on a Hotel Reservation

When planning your next holiday, you may not have the option of staying anywhere but a hotel or motel. It can be cheaper to camp or stay in a youth hostel, but you may not appreciate sharing sleeping space with others in a hostel or sleeping in an uncomfortable tent while trying to enjoy your holiday. While hotels can sometimes be expensive, you can save money on your reservation and avoid overspending if you know what to look for and how to make your reservation wisely. Note a few tips you might consider. Always consider carefully what’s included A pricier hotel might be more expensive because it has a fitness center, pool, and onsite restaurant. These can all be very nice for you, but only if you actually plan on using them while traveling. If you don’t like swimming, know you’ll never soak in a hot tub or sauna, and will be too busy to eat at the onsite restaurant, you’re then only paying for amenities that are not necessary. That being said, a hotel that includes a complimentary breakfast can mean paying less for a good breakfast at a restaurant, and one with onsite laundry can make it very convenient to ensure you have a clean suit and other clothes for your business meetings for the week. Don’t overspend at a location that offers choices you don’t need, but consider how some amenities offered by your hotel might actually make your trip cheaper and hassle-free overall. Get their credit card When making a reservation, you may be offered a credit card by the hotel, and are promised a certain discount if you apply. It can be good to apply and get that discount; if you get the credit card and are worried about racking up charges, just cut it up once it arrives! Having a card doesn’t mean you need to use it, so take advantage of the discount but not the card itself. Consider packages A hotel might offer a package for your room, public transportation, entry fees to certain events or museums, and the like. Consider these carefully; like amenities at a hotel, they might save you money if you were planning on buying these things anyway. However, if you weren’t planning on visiting a certain attraction or event, staying at that hotel and having that package deal can be a waste. Take the time to compare the cost of getting these things as a package versus buying them separately so you can save money but not...

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Found Mould in Your Rented Home? Here’s What You Need to Do

Posted by on May 12, 2016 in Uncategorized | Comments Off on Found Mould in Your Rented Home? Here’s What You Need to Do

As a tenant in a rental property, you are responsible for keeping the property clean and orderly. Should there be damage to the property, you need to report it to the landlord or to the real estate agent who manages the property. Does mould count as damage? It’s something that can affect any home, regardless of its age, although of course older properties are more susceptible as untreated mould has had longer to develop. So what do you need to do if you discover mould in your rented property? Document the Mould Should you need to prove the severity of the mould at a later stage, you will need to document the problem. Take clear photographs of the mould, using a flash to show the mould in the greatest possible detail. Make Contact You will need to contact the landlord or real estate agent to inform them of the problem. It might feel like it’s the quickest and easiest option to clean the mould yourself by using an anti-microbe scrub (available from hardware shops), but the agent or landlord might have their own required procedure to deal with the issue. Request an Inspection Hopefully the mould will be an isolated incident, but it’s important to be thorough. Request a professional mould inspection. The visible mould will be noted, and other parts of the property will also be inspected. Mould might be developing inside a ceiling or wall, even if it’s not yet visible on the plaster. Taking Action Mould can be caused by any number of sources, and it might be a leaking pipe inside a wall, or perhaps an issue with the roof that is allowing a small amount of moisture into the ceiling cavity. If the issue is not your fault, you are well within your rights to request that any damage is repaired as soon as possible. Disputes If the landlord or estate agent does not take reasonable action to fix the issue, you might wish to consider vacating the property. In most cases, mould is little more than an inconvenience. Mould spores can be a health hazard if you or anyone in your home is affected by asthma or another respiratory ailment, or has a compromised immune system for any reason. You can claim that the property is not habitable due to the mould. This is a worst case scenario, and a property owner or manager will most likely fix the problem without any further disputes. It’s in their best interests to maintain the property in order to secure the income that comes from renting it. Having said that, if the mould is deemed to be your fault, then you might be liable for cleaning and any repairs. This could be damage to the property that has allowed moisture to penetrate the premises, or failure to reasonably ventilate the property (particularly in the bathroom and laundry areas). Mould will only get worse, so should you notice mould growing on a wall or ceiling in your rented property, you will need to take immediate...

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Security Screen Doors: Structural Elements to consider Before Purchase

Posted by on Apr 14, 2016 in Uncategorized | Comments Off on Security Screen Doors: Structural Elements to consider Before Purchase

The security screen door is a beneficial feature that you should incorporate into your home. This door reinforces the security provided against intruders through the primary residential entrances. In simple terms, the extra screen door will deter or at least the robber or burglar, giving you enough time to seek help. Moreover, the new structure will allow you to open the doors for ventilation and natural light without concerns for your safety. There are numerous security doors in the market, and they will offer different levels of protection. Here are the primary structural elements that you should consider before purchase to ensure that the security door is reliable. Framing Material The framing material is a critical module is a security door, so you should compare the options before purchase. Generally, you will find two main materials in the modern market: steel and aluminium. Steel is the most favourable choice because the metal is strong and heavy. This means that it cannot be easily bent or lifted from its position in the entranceway. On the other hand, the material will rust in humid environments, so choose galvanised or stainless steel. Aluminium is a lightweight alternative, so it can be warped using mechanical pressure. Therefore, if you choose this material, ensure that the metal is structural-grade, reinforced aluminium. Infill Options The type of infill in the security screen door will affect both your security and comfort. In simple terms, a weak infill will be penetrable with simple wire cutters and a poorly woven one will not allow natural light and breeze to flow into the house. The most reliable option for homes is the stainless steel mesh. This woven material is strong and can withstand mechanical impact and pressure. It is not susceptible to rusting, so the structure will not weaken over time. Often, this type has fine mesh that does not interfere with visual appeal. Steel bars or grilles are also very secure against intruders, but the structure will affect the home aesthetics. It is ill-advised to choose aluminium mesh because this lightweight material will be nothing more than a decorative flyscreen. Locking Element The locking component for your door should be selected carefully because it will determine the ultimate security provided. Simply speaking, an unreliable lock will make the security door will be easy to penetrate even when the other elements are secure. Therefore, choose a locking mechanism that will withstand picking and breakage attempts. For example, triple-lock systems will lock the top, bottom and centre locking elements for ideal security.  For more information, contact companies like Bonds Security...

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Four Reasons Foreign Investors Should Buy Retirement Homes from Developers

Posted by on Mar 31, 2016 in Uncategorized | Comments Off on Four Reasons Foreign Investors Should Buy Retirement Homes from Developers

If you are a foreigner interested in investing in Australian real estate, you have to submit an application with the Foreign Investment Review Board. Getting your application approved can be difficult, but it may be possible to improve your chances if you invest in a retirement home. Here are a few facts to consider: 1. The FIRB approvals process takes 30 days. You need 30 days for the FIRB to approve or deny your application. If you have found your dream home for retirement but it’s currently occupied, the family living in it may not be willing to wait 30 days to find out if your application has been approved. In most cases, sellers who are residing in the home simply don’t have that much time. However, if you buy a home in a new development such as a home in a retirement villa, you often have extra time. The homes are still in the process of being built in many cases, and the developer may even work with foreign investors on a regular basis.   2. The FIRB has special rules for properties in proposed developments. The FIRB allows developers of new properties, including retirement villas full of new townhomes or condos, to set aside a certain percentage of their development for foreign investors. This is referred to as “buying off the plan”, and it can make the approvals process easier. 3. Buying a retirement home from a developer grants you special privileges. In most cases, foreign investors are not allowed to buy homes unless they plan to reside in them. However, if you buy a home directly from a developer, you get special privileges. Namely, you can rent out or sell it. This is ideal if you are not quite ready to retire — you can buy the home, rent it out and then move in when you retire. If you change your mind about retiring in Australia, you can simply sell the property. 4. Long stay retirees have a better chance of being approved by the FIRB. If you are ready to retire right away, you aren’t even limited to new developments. If you are at least 55, have between $500,000 and $750,000 and meet a few other criteria, you may be able to get a retirement visa to Australia. Long-stay retirees who want to buy a home to live in through their retirement have an easier time getting approval from the FIRB. For more information on investing in a retirement home in Australia, contact a developer....

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4 Passive Income Solutions

Posted by on Mar 4, 2016 in Uncategorized | Comments Off on 4 Passive Income Solutions

Everybody is looking for a way to make extra money without extra work. These four solutions for creating a passive income have varying levels of risk and require some initial outlay of time and money. No method is 100% passive, but these solutions require little effort after they’re up and running. You can even earn while you sleep. Blogging Here, you can play to your strength. Choose a topic that you love and write passionately about it. If people like your blog and share it, you may get to the top of Google’s search results. With a high search ranking, you can make money from advertising or selling things on your blog. You will need to regularly update your blog, but if you’re writing about what you love, it should feel like a hobby rather than work. Room Rental If you are fortunate enough to have a big house with rooms to spare, consider renting one or more out to holidaymakers via an online service. You’ll only need to provide bedding and breakfast. If you’re happy to have new people in your home, this is an excellent, low-effort way to earn some money. Property rental websites will do the advertising for you and collect the money for your room. Property Investment Property prices have been rising, with increases of up to 31.9% in some Australian cities in 2011. This is a good time to invest in a second property. A property investment service can advise you on where and what to buy. They’ll help you decide whether you should be looking for a long-term investment to support you in your retirement years, or a short term money boost. The initial investment of time and money is not to be taken lightly, and there is no guarantee that the market will keep climbing. If you rent, you also have the worry of problem tenants and potential damage to your house. However, the monetary benefits are well worth it. Some of these risks can be mitigated by using a property management service, having enough insurance, and getting good advice.    Peer to Peer Lending This is the most passive of all the solutions, as it requires very little effort from you. All you’ll need is an investment of money. As a peer to peer lender, you will loan money to people you do not know. You’ll have the opportunity to gain higher returns than many banks get. However, there is always a risk that the person you lend money to will default on the loan. You have a choice of companies you can partner with. These companies will credit check and cherry pick the borrowers, making the process safer for you. If somebody defaults, your chosen company will pursue payment from the debtors so you don’t have to chase...

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Using Removalists for small jobs

Posted by on Feb 9, 2016 in Uncategorized | Comments Off on Using Removalists for small jobs

If you are currently on the move, but don’t have many possessions ,it can be tempting to forego a removalist and just attempt a DIY move with mates to help out. However, there are some good reasons to pony up with a little cash and get your stuff moved professionally.  They’ll turn up on time Using a removalist means ensures a level of professionalism in the way the move is handled. This includes the fact that removalists will turn up at the time that they promised, and will get the job done as quickly as possible. Removalists are eager to the job done as quickly as possible so they can move onto the other tasks in their day. They also have back up plans, including extra workers, available if there is a problem such as someone calling in sick or a broken truck. This can be very reassuring if you only have a short window of time to move from your current abode into the new house.  They know what they are doing When trying to get a bed or bookcase down a narrow stairwell or secure a rickety piece of furniture, the value of professional removalists becomes apparent. They can find ways to manoeuvre tricky pieces of furniture through tight spaces with out scratching walls or damaging paint work—which can help ensure you get that all important rental bond back from the landlord. They can also secure your furniture so that it doesn’t rattle around and get damaged in transit, so your furniture should arrive at your destination in the same condition it left your previous home in.  They’ve got all the right equipment at hand Removalists arrive at your place with all of the right equipment including tapes for your drawers, and trolleys to help carry heavy equipment like fridges out to the van. As they have everything prepared the job can be completed much more quickly, and there is no risk of needing to make extra payments on the day for unexpected equipment needs.  While moving house can be a drag, using professional removals can help you to get the job done as quickly as possible. Knowing that the removalists will come on time and get the job done quickly can minimise the stress associated with moving house. Many removalists have extremely affordable rates for smaller jobs, so why not call a removalist for a quote...

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Often Overlooked Tips to Successful Home Property Sales

Posted by on Jan 28, 2016 in Uncategorized | Comments Off on Often Overlooked Tips to Successful Home Property Sales

Successful home sales is about more than just the location of your property and the asking price; if your home is in a saturated real estate market, meaning there are more homes for sale than there are buyers, you need to consider what you can do to get it sold other than just advertising the address and price. Note a few often overlooked tips to successful home property sales that you will want to consider if you’re thinking of selling your home. 1. Empty the closets Many new homebuyers are looking for a home with lots of storage, but if the closets are cramped and crowded, they may look much smaller than they really are. It’s good to take out whatever you need from the closets so they look roomy and spacious; rent a storage facility you can use to store off-season clothes and items you won’t need while your home is on the market so the interior storage spaces look roomy. 2. Add light A light and bright home can seem cleaner and more welcoming, so add light wherever possible. Open blinds and curtains during a showing, clean the windows for maximum light and turn on lamps even during the daytime when prospective buyers walk through. 3. Sell your home daily Selling your home daily means to constantly check the comp prices of nearby homes for sale, the traffic you may be getting to a website advertising your home, and the like. Doing this once a month may mean missing out on prospective buyers because you haven’t done enough advertising of your home and aren’t adjusting the price according to nearby comps. Be involved in the selling process regularly so you get your home sold sooner. 4. Small fixes can add up Don’t assume that potential homebuyers will overlook floors that creak or plumbing pipes that bang around every time you flush the toilet. Buyers usually don’t want to move into a home that needs any repair, even small fixes. Take the time to make those small fixes that keep your home presentable and competitive with other homes on the market and you might not lose as many prospective homebuyers. 5. Always be ready to show If you have a “for sale” sign in the front yard, you might have prospective buyers drop by unexpectedly, hoping for a tour. Keep your house clean at all times, make the beds every morning, and remove the clutter even if you don’t have an actual showing scheduled. That unexpected visitor may be the one buyer who gives you the offer you want, if they like what they see when they walk through the...

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Proper Commercial Property Maintenance Practices

Posted by on Jan 6, 2016 in Uncategorized | Comments Off on Proper Commercial Property Maintenance Practices

Proper commercial property maintenance practices are important to ensure the property remains at peak efficiency. Maintenance reduces the frequency at which equipment is replaced and the necessity of expensive repairs. When commercial property is maintained properly, the occupants have no reason to complain or move out of the premises due to mismanagement. But how best can you perform this maintenance? Proper Planning Commercial property maintenance can be done daily, monthly, seasonally or even annually depending on the type of property being maintained. This calls for proper planning on the side of the maintenance manager. The following steps are important for a manager to take care of: Develop proper schedules that designate the number of hours the maintenance technicians are supposed to carry out their duties. Provide the number of individuals assigned the tasks. Clearly state the frequency of maintenance tasks to ensure these tasks are not performed haphazardly. Those that are supposed to be done on a daily basis should be clearly stated (these are tasks like cleaning, dusting and gardening). Have a clear indication of the steps that should be taken to properly maintain the property. Provide a clear budget for maintenance tasks for proper overall commercial accounting. Organization It’s important to consider using modern technology because the traditional paper inventories are not good enough for modern commercial property maintenance practices. Therefore, the following tips will serve to enlighten maintenance managers on the best ways to go about their tasks: Spreadsheets are helpful to keep track of maintenance tasks. These can be used in the development of schedules for technicians and janitors. They are useful in assigning each maintenance task to particular technicians or employees. Computers are the best choice when it comes to scheduling. Computerized maintenance and management systems are perfect for property management tasks. For example, the system can issue commercial maintenance prompts and requests at pre-set frequencies, thus making it hard to forget any tasks. The system will also provide the maintenance history of all the commercial property for easy reference and intervention. A computerised system will also hold any technician liable and accountable for particular maintenance tasks. This makes every technician perform optimally. Commercial property maintenance is an integral part of real-estate management. Preventative maintenance programs should be adhered to strictly. This ensures the property and equipment performance is efficient, thereby reducing utility expenses. It also ensures that the commercial property or equipment extends its performance life....

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