Tips

Ensure your investment property is managed by a professional

Fitzpatricks - 12/11/2015

The story in The Daily Advertiser this week, “Hellish tenants spark rental peril warning”, highlights the problem that most private landlords are not trained or skilled in residential tenancy law, nor know how to apply it, if their tenant stops paying rent or is damaging their property. At Fitzpatricks, our professional property management team know exactly how to approach this type of situation if it happens, and don’t shy away …

Continue reading

Settling Disputes: What happens if there is a disagreement with the tenant?

Fitzpatricks - 05/11/2015

The tenant’s music upstairs is too loud… the dog won’t stop barking… can we catch up on the rent next week?…when is the stove going to be fixed? We are living in a society where client and customer expectations are a priority. People want things fast and now. Following is a small extract from a popular statement – “I am your tenant” “I am sophisticated, …

Continue reading

Smoke Alarm Servicing

Fitzpatricks - 08/10/2015

You are aware of the importance of smoke alarm testing by professionals. Were you aware that on vacation, legislation requires the alarm to be checked before a new tenancy? At Fitzpatricks, we suggest servicing by Smoke Alarms Australia (SAA) to meet legislation requirements. If you haven’t already subscribed, now is the time to secure this service. Your Tenancy Manager is not qualified to carry out …

Continue reading

Request to Increase the Rent

Fitzpatricks - 26/08/2015

Our office understands the importance of rental returns on your investment. For this reason, we are constantly monitoring the market rent on your behalf. When tenants vacate or a tenancy agreement is renewed, we will carry out a fair market rent review. If a rent increase is justified, it is important to note that there are notice periods that must be adhered to. To increase …

Continue reading

Smarter Investment Planning & Annual Maintenance

Fitzpatricks - 30/07/2015

With the new financial year here, now is the time to plan for those necessary improvements to help achieve your current rental return, or help to achieve growth.  Modern flooring, new paint, updated heating and cooling, new oven, or even a kitchen or bathroom upgrade will contribute to keeping your property in line with market demands.  Tenants styles have changed and most are looking for …

Continue reading