August 2014
your central coast property management specialist
Tennille's note...
This month...
Tips to minimise vacancy rates
It's not unusual for vacancy periods to be higher in winter than they are in the warmer months as tenants opt to stay put in their rental properties. This is an issue that is by no means isolated to the Central Coast but across the board in most states. Read more
Central Coast property investor numbers on the rise
As property management specialists, we always keep our eye on the number and type of local properties being sold to investors and have been pleased to note an increase in the number of properties being sold to investors recently. Read More...
Investor information evening
We are thrilled to announce a fabulous line-up of speakers at the upcoming FREE property investor information evening we are hosting. The 'Grow Your Wealth Through Property Investment' seminar features three of the Central Coast's most highly experienced property investment experts... Read More...
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view latest rental property listings
There are more new rental properties available this month. View now.
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Common mistakes Property Investors make - indifferent expectations
When it comes to property management, it is good to have the right understanding and expectation.
Here are some common areas that can cause conflict and upset with landlords and investors:
General 'Wear and Tear': This is understanding that every person who rents your property will always live differently than you would. 'Wear and Tear' is the allowance of some 'bumps and scratches' to paintwork, woodwork and other items.
However we must also be aware of the lifespan given to a number of key items in the property...
Duty to disclosure - Asbestos
Back in the late 1960's and throughout the 1970s a company called Mr Fluffy was kept busy installing deadly loose amosite asbestos insulation in at least 1000 canberra properties.
While these properties were the subject of a $100 million clean-up program between 1988 and 1993, the ACT Government recently indicated loose asbestos may still remain in wall cavities, sub floor spaces and underneath cornices.
Letters have now been sent to property agents warning of their legal responsibility to disclose any asbestos risk to prospective buyers and tenants.
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