Home Contact us
| Home | Buying | Selling | Renting | Management | Our Team | About Us l Potts Point l
 
 

iMANAGEMENT FEE (MANAGEMENT FEES ARE FULLY TAX DEDUCTIBLE)

We are not prepared to compromise on the quality of the service we offer our clients. Our management fees are competitively set to reflect the high standard of professional service we are proud to offer.

INTERNET ADVERTISING/ MARKETING

(This service is provided free of charge to our management properties.)

We have a great deal of success with advertising properties on websites:

1. Domain.com.au 2. Real estate com.au 3. Rent.com.au & Rentfind.com.au   4. ramsayre.com.au

TENANT SELECTION

An informed interview is then conducted prior to ascertaining suitability.

Once appropriate applicants have been qualified .We will contact you if able to discuss their suitability gain your approval and finalise the paperwork to commence the tenancy agreement.

AGREEMENT PREPARATION

Once the tenant has been interviewed and approved for your property, we will arrange the tenants to sign a Residential Tenancy Agreement and the Rental Bond Board Lodgement Form. We then carry out a carefully detailed condition report and inventory report should the property be furnished.

Routine Inspection Reports

These regular inspections are conducted every 6 months, we forward to you a written report detailing the condition and advise you of any matters that may require repairs and maintenance.

REPAIRS AND MAINTENANCE

Maintaining your rental property in good order makes good sense, both for your rental income and your investment in the long term.

The repairs and maintenance will be recorded on your monthly statement and fully summarized for your accountant in our Financial Year Statement to you.

STRICT ARREARS CONTROL

If rent is in arrears (owing) the following procedure is initiated:

5 days overdue
A
telephone call is made directly to the tenant reminding them of their lease obligations.

10 days overdue
A second telephone call is made directly to the tenant and an overdue notice will be send to tenant.

15 days overdue
By Law a termination notice is then able to be sent to the tenant requesting vacant possession within 7 days unless they remedy the rental arrears.

TERMINATION OF THE TENANCY AGREEMENT

The tenancy agreement is a legal contract providing a bridging agreement for tenant and the property owner.  

  • For either the Landlord or Tenant to finish at the end of the fixed term of agreement at least 14 DAYS NOTICE OF TERMINATION is to be given in writing.
  • Once the fixed term of agreement has expired and the tenant wishes to give possession without any grounds. 21 DAYS NOTICE OF TERMINATION is to be given in writing.

As soon we receive the written termination notice from tenant, we will immediately contact the tenant and arrange for an open for inspection for a new tenant to be located. This will dramatically reduce the vacating period.

FINAL INSPECTION

Immediately after the tenant has vacated the property, we will conduct a thorough inspection to determine the current condition in order for refund of the tenant's Rental Bond.

Landlord Protection Policy

we recommend that our Landlords have Landlord Protection Insurance. This is a comprehensive cover and is tax deductible. Listed below is an example of just some of the cover provided by the policies offered:

Loss of rent, Malicious damage, unscheduled tenant departures….

Please make contact with our property manager should you wish us to arrange the Landlord Protection Policy.

FINANCIAL STATEMENT AND PAYMENT

From the rent collected on your behalf, we can arrange payments of all the standard property outgoings as you instruct in the Management Agency Agreement. Such accounts could include water rates, Council Rates and Strata Levies

Each month we forward you a detailed financial Statement for your property. Your rent monies will be electronically deposited into the nominated account by you.

At the end of each financial year, we will produce an annual financial statement, if required which summarises all the income and expenses. This will save time and money when it is handed to your accountant.

TAX ADVANTAGES

As an investment property owner the following are claimable as tax deductions However you should check and confirm with your account in relation to these matters any indeed any other deductions etc you may be eligible for.

  • AGENT FEES AND CHARGES/ ADVERTING FEES/ BANK FEES AND CHARGES/

  • MAINTENANCE & CLEANING /PEST CONTROL

  •  INSURANCE/ RATES & TAXES/ INTEREST ON LOANS/DEPRECIATION

PLEASE CONTACT MANAGEMENT TEAM on 02 9358 11 66 for further assistance

 
Copyright ⓒ [2007] [RAMSAY REAL ESTATE]. All rights reserved