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Common mistake landlords make

 

It sounds so easy to be a landlord right? You just buy a house or a property, and then rent it out and earn money from it every month. But guess what? Being a landlord isn’t an easy job and it is equally tough as all the other professions and businesses out there. With just a few mistakes, a landlord can end up losing so much money that he can never even imagine. So the wiser thing to do is to learn a bit about renting out properties first and then make any move.

Combustible Cladding

Combustible cladding is currently the talk of the town because it is the reason behind one of the most devastating fires that took over London’s Grenfell tower. People are now quite concerned about the cladding that is being used on the buildings all around the world because these claddings are just a pure risk of playing with fire.

Well, can always argue the value of managing the property via professional agency versus privately. Certainly, there is no law to stopping from doing that. However, the question is how much time you can spare it or how much legally you know about your and tenants’ rights.
In saying that like your fingers non all the rental agents (property manager as they like to be called in) are same. Few may be great, some are good and certainly you will find few that misses the mark.
Here, we outline few key points that Sapphire Rental Agents are committed to perform at highest standard, professional and we ensure we provide top notch services to our landlord as well as to our tenants. This is what sets us apart, and our competitive advantages.
Here, are few elements they we perform as part of our operating rhythm, to ensure our landlord and property are always looked after.
 Tenancy Selection/Advertising/Leasing
This is the start of life cycle where we take full responsibility to advertise your property via multiple means. Depending upon the property and niche we advertise online, social media and printed to ensure we reach maximum potential tenant.
After receiving, the application we need to ensure that selection is based on several criteria like income, past tenancy reference, and rent credit check prior to presenting to owner ensuring all screening are done.

Ongoing Relationship Management
This is two way communication between both tenant and landlord. We want to ensure that we meet both the tenant expectation and landlord.
As being landlord’s agent we want to ensure we inform them about the legal implication, and ongoing changes with tenancy law.

Repair and Maintains Services
Our agent need to act quickly and promptly, to ensure the damages are minimal and not ongoing. Also, we keep contact with local trade person, and handy man while ensuring multiple quotes are done prior to assigning a job. As this is the biggest investment, we ensure you are communicated throughout the process.
Insurance
We cannot stress the importance, of insuring your property for both building and landlord cover. We do provide assistance with the insurance and claims management should the disaster occur.

Periodical Inspection
As like everything in life, we need to ensure regular periodical inspection are carried out so that way we can ensure if problem persists we can act fact. We do regularly inspect property semi-annual and welcome landlords to inspect with your own eyes. 

Periodical Rent Review
We want to ensure your investment is working hard for you. We regularly review rent for you property with similar on the market property. This is we can advise if there is need for rent increase. This is another way, we ensure you are getting the best out of your investment.

Depreciation Schedule/ Property Report
Tax time, or selling the property you may have a need to access this services. We have access to qualified professionals from quality surveyors, accountant and brokers to referral.

Monthly plus Yearly Income/Expense
Those reports and statements are sent you each month. And full consolidated financial statement are sent to you once every year via email
So, this way you rest back and assure that everything is just under your fingertips.
Constant Communication
It is no brainer with any successful business transaction there is a need for constant and meaningful conversation. So, we have taken this by heat and embedded with everything we do.

Are you getting the same level of service, from your rental manger.
If not come and feel the Sapphire way….
We take care so you can relax focus on what you like.







Common Mistake Home buyers make

When buying a house, several factors such as area of backyards and parking space is noted as well as the number of rooms and the authenticity of the material used in windows, doors and house floors. But there are plenty of very common slip-ups first home buyers make and here are some of them, read cautiously and try not to commit these for your own benefit.

Buying a family home

Usually when a family goes on a hunt for the perfect home for its children and themselves, there are couple of factors they have in mind such as a big living room, a nice back yard and a front yard along with a sufficient number of bathrooms.

Building a house in Australia is no easy task and you need to be prepared if you want to build the house of your dreams. It doesn’t matter if you are building you house in Rose Bay or Palm Island, the task is always a difficult one. There are a few things you need to take special care of before starting a project of this magnitude.