What is the process for engaging "Mikes?"
Well it usually starts with a phone call or email from a potential landlord or maybe even a current landlord wanting to pass on a lead for us. From there once we’ve given the address a big tick we normally meet up with the landlords and explain what we can and can’t do for them and discuss both the physical and legal requirements for the property ie is it already “Healthy Homes Certified”. This is followed up by an inspection of the property and we’ll give an indication of its potential rental income. If both sides are happy with each other then a management authority is signed and we take over the running of the property while you go off and relax.
Here are some of the most frequently asked questions about using a property manager:
These are the services we provide:
- Rent Collection
- Ingoing property inspection
- Promotional photos and video
- Rental assesment
- Rent reviews as deemed relevant
- Organising meth tests (recommended)
- Twice monthly payouts
- Monthly accounting reports
- Annual summary of income and expenditure
- Three monthly inspections
- Sourcing and vetting potential tenants
- Credit and ID checks
- Preparation of tenancy agreements
- Comprehensive tenant induction
- Bond administration and lodgement as per the RTA1986
- End of tenancy inspections and bond refunds
- Handling any tenancy queries
- Dealing with Insurers
- Organising and attending Tribunal issues
- Issue of any relevant notices as per the RTA 1986
- Dealing with Tradesman and reporting maintenance requirements to you
- Assisting with Healthy Homes statements.
Unlike some agencies our standard rent collection fee also includes onsite inspections every three months. Our base fee is structured so that you’re not paying for a service if you don’t use it. For example if there are no changes of tenants or repair issues, you’ll only be charged our standard rent collection fee and nothing else. This way we can keep our standard fee at such a low level and pass the savings onto you the landlord.
A full breakdown and disclosure of our fees will be provided on request.
In short, yes we can. We use a Healthy Homes Inspection service that will provide you with a written report covering all areas of compliance, Should your property need work done on it to reach the compliance threshold we can recommend tradesman or take over the whole project if required by you. Once fully compliant we can then generate a Healthy Homes Statement for your property which will be passed onto the tenant.
We will require the following information to take over a rental:
- A Healthy Homes inspection completed or a report if already done.
- Insurance details showing excess and type of cover.
- Bank details.
- Contact details.
- Current tenancy details if applicable.
- Proof of consents for sleepouts etc away from main dwelling
- Any property details that will help. ie Water toby location, fuse box location, heating and hot water heat source, insulation r ratings, septic tank cleaning schedule etc.
No sorry we don’t.
Yes we do, for a one off fee.
- We will source a tenant,
- Complete a tenancy agreement,
- Provide a completed property inspection and bond form.
Before starting we will require the following:
- A signed and completed casual letting agreement signed
- A copy of your insurance policy with excess and cover details.
- A completed Healthy Homes Statement.
- Details and expiry dates of all fitted smoke alarms.
If any of the above are not supplied we can’t proceed.
Yes we can also do that, there is normally a one off setup fee charged to get the property and tenant details entered into the system and then after that its a set fee charged per inspection. Any queries or extra work required will attract an extra charge ie dealing with insurance queries requiring inspection details due to damage we’ve discovered during an inspection.