NSW Residential Tenancy Amendments
This article outlines all the changes introduced in the 2018 NSW Tenancy Act Amendments and the implications for our Landlords! Note that most of the details below have been derived from the Department of Fair Trading Website, the Residential Tenancies Amendment (Review) Act 2018 No 58 and the Residential Tenancies Regulation 2019.   Here are the changes in no
Today I want to share some of my hard learned lessons – and closely kept secrets – which I have no doubt will help landlords fill their vacant property, a lot quicker. I decided to share these tips, because I am a landlord myself, so I understand fully the pressure of an empty property in
Smoke Alarm Compliance
This is a topic that I feel very passionate about…simply because there is a lot of misinformation out there and landlords have no idea how much risk they may be in! Smoke Alarms background For anyone that is not aware, the NSW State Smoke Alarm legislation came into effect on the 1st of May 2006

Termination of Tenants in NSW!

Today’s topic is about clarifying the notice periods, rules and legislation surrounding termination of tenant(s) in NSW. There is often a lot of confusion around this topic, exacerbated by the fact that each State and Territory has its own rules!!! For those that love reading up law, the rules and stipulation of how, when and
Today, I thought I’d write a post regarding a favourite topic of mine: “rentability” or actually “considering the rentability” of a property as part of the investment property assessment process. This is something I feel is often missed by investors, who in the excitement of securing a property, they don’t really think about the long
Know Thy Tenant
How well do you understand your tenants? have you ever thought about their habits when they look for a suitable property? This article is designed to shed some light on these mysterious people who occupy an investor’s biggest asset, and quietly and patiently help you pay the mortgage week in, week out! today, I thought

Season’s Greeting and Thank You

To our Dear Clients, Partners and Friends, 2019 has been an extremely exciting year for the NextGen Property Mgmt family. Since establishing ourselves, we have gone from strength to strength and we are proud to report as we are closing 2019, that we have achieved our objectives for the year. Our measure of success, is

6 Costly Mistakes Landlords make

No one said property investing was easy. And whilst most people talk about the front end of the process, the part by which one buys the property, the boring part of the journey, the part that involves holding the property for long, long periods of time, when nothing seems to happen, is rarely of interest!
Did you know that the safety window measures for strata schemes has been in effect since early 2018? They were introduced to prevent children from falling from windows. According to the requirement and as reported by the NSW Department of Fair Trading, strata building windows must be fitted with safety devices where the internal floor