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General Tips for Owners by Mark Dizon

19/10/2012

1 Comment

 
1)  Read the landlord recommendations in the inspection reports given to you.
2)  Promptly email to your property manager the water rates invoices if these invoices directly go to you so we can charge the appropriate amounts to the tenants.
3)  Let your property manager know when you will be overseas.  This will help your property manager deal with emergency issues better.
4)  When you want us to send your funds/money to a new bank account number, do so in writing.
5)  To save your time, you may want to furnish us with your accountant's email address so we can cc your "landlord statements" to your accountant.
1 Comment
Roger
10/7/2013 06:05:31 am

Fully furnished properties tend to appeal to certain tenants. Students, young people just moving out of home, people who have recently moved to the country or the area and want to rent fully furnished while they look for something more permanent, partner from a broken marriage, someone building a new home, short term renters. Most renters with a certain amount of stability tend to have their own stuff and want space to put that stuff.
I have had landlords who can't be bothered moving certain items out of a home. In that case I don't include the items in the rent price. I usually put a clause in "The (eg) BBQ is not included in the lease. It may be used by the tenant but no warranty is made as to its condition and no repairs will be undertaken". Or something likes that. On the flip side, the landlord has no protection for that item. I would usually use that sort of clause if the item was going to be sent to the tip if it wasn't left there. Stuff like BBQs, outdoor fridges, outdoor table setting, old microwave etc. Some tenants appreciate being able to use this stuff for free.

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