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Should I allow Pets at my Rental Property?

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This is a tough question to answer because it’s totally up to the owner. Allowance of pets is one of the few things against which you are legally allowed to discriminate (unless of course the pet is an assistance pet such…

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How Long is a Typical Lease Agreement?

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A Lease can be written for any period of time, as long as both parties (owner and tenant) agrees. A standard lease term appears to be 12 months; however, often a 6-month lease is negotiated to suit either party. We often recommend to…

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How much Bond should a Tenant Pay?

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There is no minimum requirement to take a bond in Queensland. For general tenancies, the law says if the rent is $700 or less per week, the maximum bond amount is four weeks’ rent. If the weekly rent is higher than $700, the…

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What is a Rental Bond?

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A rental bond is a security deposit paid by the tenant at the start of a tenancy. It is held by the RTA and is paid back to the tenant at the end of the tenancy provided no money is owed…

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Who Chooses the Tenants?

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Because the Property Owner carries the financial investment, they make the final decision on approving tenants. The agent’s job is to find potential tenants and check out their suitability for each property. If the tenant meets the agency’s criteria, the Property Manager should then present…

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How do Managing Agents Source Tenants?

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These days, 98% of tenants look to the internet to find their next rental property. As a result, Managing Agents have had to become expert online marketers to attract the best tenants for the highest possible rental price with the…

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What is a Bond Loan?

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The Department of Housing provides Bond Loans to tenants who are on a low income, providing they meet certain criteria. Most agents will accept Bond Loans. Once tenants are approved for a rental property, they can apply for a Bond Loan….

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Why do I need Landlord Protection Insurance?

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Your investment property is a valuable asset which generates an income stream. You need to consider carefully what would happen if that income stream suddenly ceased. This could happen for a number of reasons, but mostly due to the ‘human factor’. A rental…

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