I hear this statement all the time. “I am happy with my property manager because they are low maintenance”. That’s great, but ARE THEY DOING THEIR JOB or are you in for a great surprise one day? Sure, you are busy. We all are. As long as the rent keeps coming in to cover the
Slowly but steadily, property management as we know it is changing. Technology has transformed day to day operations, making agencies far more efficient than ever before, allowing property management professionals time on “value add” functions such as better/personal service and renewed care for landlords, tenants and properties under their custodianship. As well as “back office”

Doom and gloom? Who cares? Life goes on!

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
Tenancy Reforms
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
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
Rent your property quicker
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
Real Estate Investors

The property investors I know!

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
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
bad tenant databases
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