Landlord Information

MARKETING YOUR PROPERTY

We believe that an impressive marketing campaign is paramount in finding you the best qualified tenant.

Enquiries are generated through:

  • Realestate.com.au
  • The Advertiser
  • The Messenger
  • Our comprehensive database

OPEN HOUSE AND INSPECTIONS

Once qualified, the prospective tenants are personally shown through your property by our Property Manager. We have found that open house inspections are the best way to ascertain the suitability of the tenant.

These appointments allow us to:-

  • Obtain Maximum Exposure Quickly
  • Create competition on your property (therefore reducing the opportunity of low offers
  • Meet and qualify the applicants suitability
  • Create urgency by encouraging applicants to apply quickly

The security of your property is of very importance to us!

WE DO NOT GIVE OUT KEYS to prospective tenants.

CHOOSING THE RIGHT TENANTS

The best tenants are a High Priority:

We at Lovely Homes Real Estate strongly believe the most important aspect in managing your property is the tenant screening process. The selection process is always a joint decision with you after finishing our screening process.

In case the tenant recently sold the property or moved from interstate then will get the reference check from the previous agent or property sold agent and employment check.

The Best Tenant is always stress free for both landlord and agency.

Reference Checks:

Reference checks are conducted on all of the applicants for your property. These references are obtained from:

  • Previous Landlords
  • Current Employer
  • Known associates and family
  • Previous agency / agent
  • Property sold agent
  • An online, nation-wide data base

After we’ve completed these checks we will arrange a time with you to work together in selecting your tenant. You are always given the opportunity to have the final say as to who goes into your property.

DOCUMENTATION

Comprehensive Tenancy Agreements

In addition to the Standard Residential Tenancy Agreement, we also provide the tenant with our copy of tenancy guidelines.

Thorough written ingoing inspections

Detailed checklists are documented at the commencement of every tenancy.

Detailed photography at ingoing and outgoing inspection

50 to 100 photographs are taken of the inside and outside of your property at the start and end of every tenancy.

INSPECTIONS

Once we have screening, selected and finalised a suitable Tenant for your investment – we keep in close contact with tenants.

Routine inspections are carried out on a 3 monthly basis.

You will be supplied with a comprehensive report and photography for each inspection.

Maintenance and presentation are the focal points of the inspections and both of these areas will be addressed.

RENTAL ARREARS

Rent Arrears:

Because our tenant selection procedure is so thorough, our delinquency level is minimal.

For a wide range of reasons, tenants may occasionally fall into arrears. When this happens, we proceed as follows:

1-6 days overdue:

An overdue notice is forwarded reminding tenants of their obligations.

7-14 days overdue:

Formal notification is forwarded advising tenants that if arrears are not paid by the 15th day a Notice to Remedy Breach – Notice to Terminate will be served.

ACCOUNTS

Rental income:

We will pay your money directly into a designated bank account- once or twice a month- your choice!

Rates, Body Corp, Maintenance & Account:

We can pay all your outgoings directly out of the rent collected – all costs incurred are tax deductible.

Statements of Account:

On the last Monday of each month and at the end of financial year we will send you a statement summarizing all of the transactions.

LANDLORD INSURANCE

Landlord insurance will be very well benefited to the landlords to be stress free, We Lovely Homes Real Estate can offer landlord insurance with MGA Insurance, Which will be available through Lovely Homes Real Estate agents.

You are covered for:

  • Malicious damage
  • Accidental damage
  • Loss of rent
  • Theft by tenants
  • Tenant hardship
  • Untenantable property

This policy removes the risk and gives you peace of mind.

YOUR INVESTMENT FOR OUR SERVICE

  • Our professional fee for full Management Schedule:

  • Management fees - 1.1% for the first 4 weeks**

                                            5.5% after week 4**

                                             ** Management fees may varies

Letting fees - 2 Weeks rent on securing new tenant

Lease Renewal - 1 Week rent on lease renewal

EOFY - $27.50

Inspection Ingoing and Outgoing - $49

Periodic Inspection - $39

Tribunal hearing - $59 + $39/per hr

Administration fees – $8

Maintenance - No Charge

Tenancy Screening -  No Charge (Check-a-tenant, Rent Check – national database)

SA Water – No Charge

Internet Advertising: Internet listing on realestate.com.au for $200 GST inclusive for first 45 days

** We do open inspections 1 - 2 times a week (Weekends, Weekday or after 5.00pm) and we will do private inspections on request.

Remember, we don’t charge for:

  • Document preparation

  • Insurance claims

  • SA Water charges collected

  • Tenancy Screening

  • Maintenance

  • Advertising in social media

 

 

 

 

Landlord Information
Looking To Sell Or Rent Your Property? Call Now : 0481 876 868 (or) Email Us : rentals@lovelyhomes.com.au