Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Latest


Must Read


PM Tech Startup Growth Sales Marketing Industry Buyers Agent

Startup


Buyers Agent


Our Events


Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

LEARN MORE
VIEW ALL
top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.

rpm logo latest

Sticky situations between a landlord and tenant

By Staff Reporter
18 November 2014 | 1 minute read

How do you handle conflicting interests between your landlord and tenant when it comes to installing air-conditioning? Residential Property Manager asks leaders in the property management space for their opinions.

In our newest case study feature, Residential Property Manager asks a multitude of property management professionals the following question:

"It’s the middle of a hot summer and a tenant of yours rings up and says they want to pay an extra $30 a week to get an air-conditioner installed in the property. You ring the owner, who doesn’t have a job at the moment, and he says 'No, I don’t have the money at the moment to afford it'. What do you do?"

Toop&Toop head of property management Suzannah Toop said it is quite common for tenants to apply for a property without checking all of the features.

“The approach a property manager takes to this scenario is critical and can be the difference between getting off on the right or wrong foot with the tenants,” she said.

Real+ business manager Hermione Gardiner said putting aside the legality of increasing the rent mid fixed-term tenancy, an owner not being able to afford repairs/upgrades is a common concern for a property manager.

“There are different types of owners – intentional investors and accidental investors – and often accidental investors have not budgeted for maintenance, so we come up against a wall, even if the tenant is prepared to pay more rent,” she said.

To read the extended version of Ms Toop’s and Ms Gardiner’s response and those of the entire panel, CLICK HERE.

Sticky situations between a landlord and tenant
Sun
lawyersweekly logo

ABOUT THE AUTHOR


Listen to other installment of the Real Estate Business Podcast
top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.