As Australia’s property values continue to rise onward and upward, it would seem rents are set to head in the same direction – and at quite a rapid rate.

Tenants who may have been keen to get into the housing market, but were having difficulties due to affordability issues and rising interest rates will soon be hit with the double whammy of rising rents, as landlords get set to enjoy the benefits of a “rental boom”.

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When it comes to renting out an investment property at the right price, many landlords can be at a loss as to where they should begin.

Today’s rental market is so different to what any of us are used to, it is no wonder that many landlords struggle to settle on a reasonable rent for both themselves and their prospective tenants.

In this informative article, Pamela Yardney explains how to calculate the correct market rent for your property, with a system that ensures a fair go for all...

When it comes to residential property management, there are definitive rules that must be followed in order to ensure landlords don’t end up facing a cantankerous residential tenancy tribunal judge!

One of the areas that can create confusion is lease renewals and termination of tenancies and exactly what rights and responsibilities both the tenant and landlord have. Even though this might seem like a straightforward process, landlords must dot all “i’s” and cross all “t’s” in order to prevent any future complications.   

In this informative article, originally published in Your Investment Property magazine, Pamela Yardney explains how to stay within the limits of the law when renewing and terminating tenancies...

Whilst investors are enjoying the fruits of an extremely tight rental market at present, with historically low vacancy rates across all capital cities, this is no time for landlords to become complacent about the upkeep of their investment or over-confident about keeping their property occupied.

Spending a bit of time and money sprucing up your investment can make a big difference when it comes to re-letting and minimising vacancies between tenants.

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Over the years, our State Governments have set up residential tenancy authorities to protect the rights of both the landlord and the tenant.

While in the past, many tenants thought the landlords had unreasonable rights, now the pendulum has swung in favour of the tenants and many landlords feel their rights have diminished and their responsibilities have been increased.

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One of the realities of Property Management is that people move house and tenants move on. Wouldn’t life be easier for all of us if once settled in a property, tenants were happy to stay for longer periods? Unfortunately life just doesn't work like this...so how can you minimise vacancies between tenants?

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Every landlord wants the best tenant for their rental property. Someone who will treat your treasured investment with as much care and respect as if it were their own. So who are these ideal tenants and, more importantly, how do we attract them?

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Put some furniture into your investment property and get higher rents and some extra depreciation allowances. On the surface it sounds like a simple and a smart thing to do, but in general I don’t recommend that investors furnish their rental properties. We have found furnished investment properties more trouble than they are worth.

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While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income.

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Once considered the domain of those who couldn't afford the Great Australian Dream of home ownership, renting is now becoming a fashionable lifestyle choice that the younger generation are happily embracing.

So who are the new breed of tenants? Read on to find out more...