Hi, Sam here from Templeton Property and today I’d like to discuss – What Is A Lease Renewal Process? This process starts three months out from the end date of the current lease. That’s when we contact both the tenants and the owners to find out what their intentions are. Sometimes the owner says they’re…
3 Special Conditions that can save you thousands!
Hi, Sam here from Templeton Property and today I’d like to discuss – 3 Special Conditions that can save you thousands Hi, Sam here from Templeton Property. Today I’d like to talk to you about a number of special clauses that Buyer’s Agents in Brisbane use in their contracts to save our clients’ money and…
Do I need to arrange insurance before settlement?
Hi, Sam here from Templeton Property and today we’re going to briefly discuss – Do I need to arrange insurance before settlement? So, you have put in an offer for a property and its been accepted, the agent has now dated the first page of the contract, Congratulations! In Queensland from 5pm the next day,…
How often can Routine Inspections be undertaken?
Hi, Sam here from Templeton Property and today we’re going to briefly discuss – How often can Routine Inspections be undertaken? Under current Queensland legislation, you’re allowed to do only 1 inspection within any three-month period, so the maximum is 4 routine inspections per annum. Now some agents do 1 or 2 per annum. We…
How to work out a Gross Rental Yield
Hi, Sam here from Templeton Property and today we’re going to briefly discuss – How to work out a Gross Rental Return. The gross rental return or gross yield is a very useful figure in understanding an investment property quickly. When we are out there looking at investment properties as a Brisbane Buyers Agent we…
What does downsizing mean for Seniors?
Whilst many seniors who own their own home wish to remain living in their home for as long as possible, there are also a large number of seniors that decide to ‘downsize’ for a variety of reasons ranging from upkeep, financial liquidity, proximity to loved ones and so on. Downsizing gives these seniors an opportunity…
What is a Rental Bond?
Hi, I’m Sam Price and today we’re answering the question, “What is a residential bond?” Essentially a residential bond is the financial security paid by the tenants, for the benefit of the landlord and held by the Residential Tenancies Authority (RTA) for the duration of the lease. The bond, which isn’t essential but highly recommended…
How do I know if a property is individually metered for water?
Have you ever wondered how to tell if a property is individually metered for water? This is particularly relevant if you own or are looking at purchasing a unit or a townhouse. Hi, Sam here from Templeton Property and today we’re answering the question, “How do I determine if my property is individually metered for…
What is the difference between a Fixed Term Tenancy Agreement and a Periodic Agreement?
Welcome to Property Management Q & A with Sam Price from Templeton Property. This week’s question is, What is the Difference Between a Fixed Term Tenancy, Fixed Term Lease, and a Periodic Lease? This is quite a common question we get asked. I heard it being asked once or twice today already, by owners and…
What Are The New Queensland Smoke Alarm Laws?
The Queensland Government has just passed the Fire and Emergency Services (Domestic Smoke Alarms) Amendment Bill 2016. This bill commence on 1 January 2017 and are to be phased in over a 10 year period. From commencement, if an existing smoke alarm needs to be replaced, it is to be replaced by a photoelectric smoke alarm.…