Chris, Author at NextGen Property Mgmt

Doom and gloom? Who cares? Life goes on!

Saturday, 03 November 2018 by Chris

Ubiquitous technology means that news travel fast and bad news even faster. Human nature forces us to focus on the property market doom and gloom and forget that real life goes on. Well I say no more! Life is busy and seems to be getting busier by the day. And even when it is meant

Published in Opinion

Tagged under: nextgen property mgmt, property investors, property management, property manager, Rental Market, South West Sydney, St George, Sydney Inner West

NSW Residential Tenancy Reforms: Next steps and Verdict

Sunday, 28 October 2018 by Chris

For anyone that isn’t aware, the proposed amendments to the NSW Residential Act have now passed both Parliament Houses and, pending the NSW Governor’s Assent, they will soon become law. This process will take a few more months to complete and will involve the drafting of new Residential Tenancy Regulations as clearly, a lot more

Published in Information

Tagged under: investment, landlord, nextgen property mgmt, property management, property manager, Rental Market, Self Manage, South West Sydney, Sydney Inner West

Self manage your property: What does it take?

Sunday, 07 October 2018 by Chris

Every landlord – especially those brave ones with time on their hands – has thought about it. Some have tried it and failed. A few have been successful. In this article, I will try and paint the picture of what it takes for landlords to be successful in managing your own property. Self managing as a

Published in Information, Opinion

Tagged under: investment, landlord, nextgen property mgmt, property management, property manager, Rental Market, Self Manage, South West Sydney, Sydney Inner West

8 tips every landlord should follow to minimise vacancy periods

Sunday, 16 September 2018 by Chris

You just had some bad news. Your property manager informed you that your tenant has submitted their notice and they are vacating in a few weeks. What can you as the landlord do to fast-track the process of finding your next tenant and minimise your vacancy period? With many developments and about 75,000 units due

Published in Opinion

Tagged under: minimise vacancy periods, nextgen property mgmt, property management, property manager, Rental Market, South West Sydney, St George, switching property manager, Sydney Inner West, vacancy period

The property investors I know!

Thursday, 13 September 2018 by Chris

This blog is dedicated to all the hardworking property investors that I either know as customers of NextGen or met over the years. Targeted by the politicians, often blamed by the media, regularly taken advantage of by the banks, and almost always frowned upon by the general public, unlike other types of investors – property

Published in Opinion

Tagged under: change property manager, investment, landlord, nextgen property mgmt, property investors, property management, property manager, real estate investors, South West Sydney, St George, Sydney Inner West

I have a vacant property in Sydney or Melbourne. Should I worry?

Saturday, 01 September 2018 by Chris

You just had some news you weren’t expecting: Your property manager just called you to let you know that your tenant submitted their notice and you are faced with a vacant property in about 3 weeks! You are OK with it, given that your property has always been rented but you can’t help but feel

Published in Information

Tagged under: change property manager, nextgen property mgmt, property management, property manager, Rental Market, Sydney Inner West, Sydney Property Management business, Sydney Property Manager, Sydney South West, Vacancy Rates

All you ever wanted to know about Tenancy Databases

Saturday, 25 August 2018 by Chris

It may not be widely known, but Property Managers will use “Tenancy Databases” during the tenant selection process to uncover previous issues, before making a recommendation to the landlord. In a nutshell, these Databases are used as a way to ‘blacklist’ tenants that owed money after their tenancy ended or breached their agreement for a

Published in Information

Tagged under: change property manager, compliance, Investor, nextgen property mgmt, NTD, property management, Property Management Company Inner West, Property Management Company South West Sydney, Property Management Company St George, property manager, Rental Market, Tenancy Databases, Tenants, TICA, TRA

The facts and risks about asbestos

Sunday, 19 August 2018 by Chris

The Real Estate Institute of NSW in consultation with BIV Reports published this article recently in an attempt to educate property managers about asbestos in properties under their management. I took the opportunity to also do my own research and found some more information on the Asbestos Removal Contractors Association (ARCA) website. Below I have summarised

Published in Information

Tagged under: asbestos, compliance, nextgen property mgmt, property management, property manager, South West Sydney, Sydney Inner West, Sydney South West

Should a Sydney or Melbourne investor be concerned?

Friday, 17 August 2018 by Chris

I have a confession to make: I am a property investor BUT I have stopped reading the media about real estate! They are just depressing and I must admit, all this negative hype, was starting to get into my nerves and – I suspect – it was affecting my judgment. I saw it happening in

Published in Opinion

Tagged under: change property manager, inner west, investment, Melbourne Investor, nextgen property mgmt, property management, property manager, South West Sydney, St George, Sydney Inner West, Sydney Investor, Sydney South West

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