Nowadays, housing is about a lot more than housing. Of course everyone needs a roof over their head, but we also want to be close to work or at least near the public transport corridors which will get us there. Then there’s the matter of being near schools, parks, hospitals and recreational facilities. Everybody is seeking convenience as well as proximity to the outlets that matter to them. 21st century urban designers are responding to this demand by developing housing based on the idea of community and lifestyle as well as bricks and mortar.
How to build a rent roll with coffee
Although economists point out how a diehard dependence might be prohibiting young buyers from getting the keys to their first home, coffee is a small luxury almost all of us enjoy on a daily basis.
BDH Solutions are based in Carlton, where the coffee scene is alive and thriving. Who would even consider walking into the office having not first made a pit stop at the likes of Heart Attack and Vine, Wide Open Road or Patricia’s for a caffeine hit?
How to grow a premium rent roll
Capital improvements
How landlords can renovate for better returns. Many Australians see property investment as an express ticket to wealth and financial security, without taking into account the expenses they must incur along the way. As a property manager, it can be frustrating to be asked to find a tenant who will pay a premium, only to realise a home or apartment is in dire need of work. If you find yourself in this situation, it may be time for a talk with the the landlord about how to optimise the property.
How extreme weather affects your rent roll
“Of droughts and flooding rains…” our sunburned country has its fair share of extreme weather. Cyclones in the far north have decimated entire towns while those ‘flooding rains’ have a habit of making their way around the country. Damage to rental properties from events like storms, bushfires and high winds is all too commonplace. From your perspective as the managing agent, this can spell a major headache. It makes sense to be across the facts for when this type of issue occurs. Rules around property damage Specific tenancy laws do differ from state to state.