State of rental market and tips for rent relief discussions

State of the Rental Market in Sydney and Tips for landlords when dealing with rent relief requests from their tenants. Today, I would like to share an update on the rental market in Sydney AND some tips on Rent Relief reductions which are useful to all. As everyone knows by now, we are indeed living
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NSW Landlords: Rental Assistance Fund and Government Announcements

Hot off the press key announcements from the NSW Government today. It is a summary of the information provided on the NSW Department of Fair Trading’s website which can be found on this location . 1.Introduction of interim 60 day stop issuing termination notices for non-payment by covid-19 impacted tenants. This is to force landlords
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Rent Reduction

Handling rent reductions due to Covid-19!

Today, I would like to share some tips and prepare landlords for the requests they are about to have – from their tenants – for a rent reduction due to covid-19! Apologies in advance, but… they are coming so you better be prepared! For a lot of tenants it is business as usual. The bottom
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NSW Residential Tenancy Amendments

Summary of 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
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Chris Dimitropoulos

Property Manager Hurstville

Rental Market Hurstville is the typical St George suburb, with an array of both low and high density residential, commercial and light industrial properties. It is a popular suburb for renters, primarily because of its great shopping center, cinema and fantastic transport system, which makes it very popular with white collar workers but also small
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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
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Rentability: Target Market and Inhibitors!

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
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Know Thy Tenant

Know Thy Tenant! Interesting stats and facts about the person that pays your mortgage!

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
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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
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