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…
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 to select the right tenant for your investment property?
Hi. Sam Price here, from Templeton Property and today we’re answering the question: How to select the right tenant for your investment property? So, to get to this stage, you would have successfully advertised the property, and received, hopefully, multiple applications. You’re at the stage that you want to process these applications. Well, we use…
Do I need Landlord Insurance for my investment property?
You have purchased a great investment property and have a tenant moving in soon. What else do you need to arrange? The agent will have talked to you about general cleaning, carpet cleaning (don’t forget to ask for a receipt), smoke alarms, maintenance and gardening, but what about insurance in case something goes wrong? Given…
Should I use professional photography when advertising my property for rent?
Professional photography is something that many owners only consider when they are looking at selling their property and this option is often disregarded as a waste of money when they are listing their property for rent. I’m here to tell you that it is one of the best ways you can promote your property for…