Do you know who the average Australian property investor really is? Contrary to popular belief, it’s not the super wealthy property speculator buying up rentals left right and centre. In fact it could be your next door neighbour, the one who’s drinking XXXX and firing up the barbie. Don’t believe us? Let’s take a look at some stats to see if we can put together a clearer profile of this person….
There are no shortcuts to success and it comes to you in its own time. Your experiences on the way make you wiser which helps you in making better informed decisions. And as they say ‘learning is a lifetime process’. However, there is cheat codes available that might be able to give you a kick start – reading. Reading about the success of other people and how they got there can help you make appropriate changes to your game plan. Therefore, we decided to compile you a list of 12 best books that can work wonders for a Real Estate Agent, also you can try our property management software to ease your job.
Property owners and managers shouldn't turn away good tenants just because they have one or two pets. According to a recent article by Chad Gardland, about 70 percent of tenants who live in rental apartments own pets, with majority of those owning a cat or dog. Unfortunately, many pet owners admitted that it can be quite difficult to find apartments that are pet friendly. About two-thirds of urban pet owners had difficulties finding a rental property where pets are allowed. By excluding pets from their rental properties, landlords and managers also exclude an important percentage of compatible tenants. This is a limiting approach because if done right, making rental properties pet friendly can attract great tenants. In fact, according to Psychology Today’s report, people who own pets are happier, have more stability, and are more likely to rent a property long-term. So, this could be beneficial for property managers, as this may attract high quality applicants. However, be prepared to deal with the risks that are associated with pets such as property damage, complaints, and maintenance.
As we step forward in our journey to transform the property maintenance industry, we’re excited to announce that we have hit a significant investment milestone today, accelerating our growth plans and helping us capture the huge opportunity we have ahead of us.
Whether you’re a seasoned property manager with an impressive portfolio or a beginner, you want to grow your rent roll and increase your monthly rental income. Right? The good news! Fortunately, there are countless rent roll growth strategies scattered over the web. But the question is what actually works? Which strategies help deliver real results effectively in a hassle-free manner? This article shares several time-tested rent roll growth strategies that really work.
When Spring is approaching, property managers focus on seasonal property maintenance inspections. Inspections consist of monitoring and tracking assets that don’t usually require much attention in Winter like gutters, pools, gardens, and lawns. Managers will check assets that function all year round like filters, HVAC units, and generators, in order to avoid failures. To property owners and landlords, functionality is essential for preserving their home's integrity and keeping tenants happy. To track maintenance related tasks and costs, property owners and managers can implement a maintenance management system. Having a running log on all adjustments and issues handled is important, so many property managers will use a property maintenance software. To help you prepare for Summer, make sure you take these 7 tips into account during the next Spring maintenance check:
Technological advancements in property management software offer solutions to many problems most property management professionals struggle with every day. Performing tasks like tracking payments, seeking approvals and managing maintenance costs and trades manually takes up a lot of time. However, there’s a solution - having property maintenance software!
Did you know that your bathroom holds many germs? Cleaning it isn't a fun task and you might end up making many blunders during the whole activity. While it's important to keep a bathroom clean, many people assume this and end up getting infections and other related diseases. You can maintain your bathroom and enjoy your shower by avoiding the following mistakes.
Trying to find a renter to fill a property is hard enough. As a property manager there are many elements that need to come together in order to be able to find the right type of tenants to a property. To sell a product to it's prospective renter, it's essential to write an engaging property listing to ensure success in engaging the right people and satisfying your clients requirements. Writing a property listing seems pretty straight forward right? The Bricks+Agent guide to writing a property listing will help you market any property to the right audience.
This release sees new updates that will help you with even Faster Report Editing via the CMS, with the new Area Level Thumbs Up for marking conditions and an improved reporting functionality to Load Reports Faster. Let us know what you think of these new features!
In order to find good tenants, property managers must ensure that both the outdoor and the indoor areas of the rental unit are in perfect shape during Summer.
Don’t have enough space in your new property? As small spaces are a part of rental issues, why not learn, how to make the most of your rental space, you have in your property.
Do you know why the roof is considered most important during construction? It is the first line of defense that protects you from environmental hazards. Apart from giving a curb appeal to your building, it gives you a comfortable space to stay.
Roofing style has evolved from years. The trend is changing now from conventional roofs to sustainable roofs.
Learn how to move house without stress. Follow these 6 steps to get through without losing anything of value, avoiding meltdowns and keeping your sanity intact.
Building a smart home today is not as intimidating as it was ten years ago. Create a smart home by simply replacing traditional gadgets with appliances and accessories like smart lights, bulbs, advanced security systems and more.
Is your room is too warm? Did you know that your roof could be the problem? A solar-powered roof ventilator might just be the answer to making you comfortable.
In 2018, there has been a lot of debate around technology disrupting the Australian real estate industry. Here are the top-most real estate tech trends that are taking 2018 by storm.
Do you have a small garden and you want to make the most out of it? By combining different landscaping elements you can make your garden look more spacious.
Would you like to revamp your house by changing your furniture? Whether you need a new door, a custom entertainment unit or a window installation, a carpenter can handle all that. Apart from that, carpenters can work on other materials such as PVC, steel, and plastics. What is a carpenter subcontractor hourly rate? From this article, you will get an overview of the work of a carpenter and what it costs to hire one.
You probably know that property managers and property management companies exist, but do you know exactly what they do? The property managers are third parties who are hired to handle a wide range of daily operations related to real estate investments.
If you don’t have time to keep your home clean and tidy, then hiring a cleaner is your next best option. Getting in a cleaner for a weekly house clean, or a spruce up before guests stay, is becoming more common these days as we juggle work, children, pets and social events. Here is an outline of the services and costs involved to give you an idea of how much you’ll be looking at paying.
When you are faced with a serious issue, you will know immediately that you need to hire a plumber, but what happens if you are not sure? There are less obvious problems that might require a professional’s attention and it is important to know how to spot them. If you avoid fixing an underlying plumbing issue, over time, the costs of the repairs could increase. Additionally, a leaky pipe that is not fixed on time can severely affect the structure of your house.
Solar panels are leading the way as an alternative energy source for residential homes in Australia. Since we enjoy some of the highest levels of solar radiation in the world, it makes good financial sense to take advantage of this and install solar panels on your roof. As well as being an effective source of energy, going solar has positive benefits for the environment. With solar power you don’t have to worry about greenhouse gasses, it’s totally environmentally friendly. Solar power means you can also enjoy energy-independence from grid electricity, always handy when there are power failures, and consistently cheap rates because, unlike energy companies, the price of the sun won’t go up. Do solar panels actually generate enough power to make a difference? The answer is ‘yes’, in general, solar panels can convert approximately 15-40% of the sun’s energy into electricity, depending on what type you get.
One of the most popular and common DIY jobs, painting the interior of your home can be an easy and pleasant activity. If you are looking for a cheap and effective way to increase the value of your house, then sprucing it up with a brand new coat of paint is a great idea. However, this task can be time-consuming, so unless you are willing to put in some time and effort, you should consider hiring a professional painter.
Is your roof too shabby, damaged beyond repair or outdated? If it is affected by any of the above cases, the only choice you might have is to replace it with roof tiling. But how much can it cost you to repair it? Would you like to renovate, clean or substitute it?
Growing vegetables doesn't have to be a seasonal job and planting can be done outside of Spring. In many parts of Australia, you can grow vegetables and have a beautiful cottage garden in Winter as well. The only factor you need to address is which types of vegetables are going to thrive in your local climate.
So you own one or several Airbnb rental properties and maybe time isn’t on your side to manage them by yourself. What's the best solution? Lucky for you, hiring a person who provides professional Airbnb property management services has become quite popular. Your properties will get all the attention they need, and you get to worry less and invest your time in something else.
A tidy garden improves the beauty of your home and keeps you safe. As much as you can keep it clean using the DIY method, it might not be possible if you are busy. You might need to hire a garden cleaner. Garden cleanup cost can be around $45/hr. It depends with the requirements of the job. Sometimes cleaning a garden can be as low as $40/hr or as high as $50/hr. If you need services of a professional garden cleaner, it can cost you on average in Australia $164.84 to complete the whole project. However, this being an average estimation, rates can vary depending on the number of tasks involved.
A property manager must be a skilled juggler of numerous tasks, keeping both landlords and tenants happy. In addition to keeping properties maintained and in good shape, they are responsible for preserving a rental property's value. Although this job only requires a high school diploma, many customers will opt to work with a specialist who has a degree in real estate, finance, or business. We've put together a list of professional qualities a property manager needs hold to make the most out of a successful career.
Do you know who the average Australian property investor really is? Contrary to popular belief, it’s not the super wealthy property speculator buying up rentals left right and centre. In fact it could be your next door neighbour, the one who’s drinking XXXX and firing up the barbie. Don’t believe us? Let’s take a look at some stats to see if we can put together a clearer profile of this person….
Whether you’re a seasoned property manager with an impressive portfolio or a beginner, you want to grow your rent roll and increase your monthly rental income. Right? The good news! Fortunately, there are countless rent roll growth strategies scattered over the web. But the question is what actually works? Which strategies help deliver real results effectively in a hassle-free manner? This article shares several time-tested rent roll growth strategies that really work.
How do you feel about interacting with your home the way you would with a website? In the future your home will know who’s in what room, make your coffee and turn on your lights. It might even choose your clothes for you based on the temperature outside.
Are you planning on remodelling or renovating your house? If you are, you might be considering wallpaper, which has re-entered the style space this year. Available in a wide range of colors, textures, and prints, replacing old wallpaper or installing it in order to improve the property’s overall appearance could add value, attract more buyers and boost your home’s appeal.
Does your job revolve around customer satisfaction? Working in customer-centric industries like real estate, you will come across a lot of people and making a connection with the customer is vital to the longevity of your business. Establishing healthy customer connections is a fool proof formula for generating repeat business. Customers will come to you not just because they love your products and services, but because you offered them a smooth and convenient experience. The experts at Bricks + Agent have compiled a list of tips and tricks for improving customer connections.
If you're on the lookout for a new career path, becoming a property manager might just be the perfect job for you. Now more than ever, people of all ages are renting instead of buying, so the need for good and professional property managers is out there. A career in property management can bring a decent salary, job security, and steady employment, and if you like to work with people, then your success is almost guaranteed.
Cloud-based property management software is considered one of the most popular and powerful tools for many real estate agencies. But while it is quite popular among many businesses, the software can still be quite overwhelming and mysterious to many, which fuels many myths about it.