Month: February 2017

Now that you know all about the benefits of managing your own rental property, there are a few things to keep in mind to reduce potential problems. Do: Be professional when dealing with your housemates. If you’re the Landlord or Lead Tenant, you can avoid being taken advantage of by keeping things professional. Make sure you follow all the legal and legislative requirements. In Victoria, the Rentright app covers most of the things both Landlords and Tenants need to know. Even better, it’s free on both iOS and Google Play!  Prepare a…

Want to rent out a room and save on agent fees? Managing your own rental isn’t as complicated as you might think.   By renting out a room and managing it yourself you can save thousands of dollars a year. Thousands of dollars that could take years off the life of your mortgage, which means true home ownership and less interest paid.   Still not convinced? DIY property management has many benefits: You can personally screen potential tenants – rather than just a list of dull facts, you can really…