Investors Resources
Investors Resource Centre
Rental Excellence
At InvestRent we monitor rental payments daily. We understand that sometimes there are unforeseen circumstances that result in delaying rental payments. However, we provide a strict arrears management procedure that includes the checking of rent payments daily and issuing notices as permitted by legislation. We will inform you immediately should your tenant fall behind in rent by more than 3 days.
Landlord Insurance
We strongly encourage Landlord Insurance as a standard precautionary strategy. Unexpected shocks can occur from time to time. Landlord insurance covers you loss of rent, accidental and malicious damage and fire damage, and more.
Being prepared and covered for any of these incidents maintains certainty that your income is uncompromised.
Cashflow
Budgeting your cash flow for improvements and expenses. Repairs and maintenance will ensure your investment stays in its best condition. For ongoing cash flow, remember to factor in additional costs such as rates and body corporate fees. Budgeting helps you prepare for any of those unexpected costs that can arise at any time. We have the tools to help you with your budget if you haven’t already done so.
Legislative Compliance
Pool Compliance
It is a mandatory requirement when leasing a property in Queensland with a pool and/or spa that it is compliant with a current compliance certificate. It is also a requirement under the ACT to provide a copy of the compliance certificate to the tenant.
From 29th April 2016 All properties in NSW with a swimming pool or spa pool cannot be leased without a valid certificate of compliance or relevant occupation certificate.
If you do not hold a current certificate InvestRent can assist you to ensure your property is compliant and safe.
Blind Compliance
The mandatory standard for internal blinds, curtains and window fittings (corded internal window coverings) was declared on 8 July 2010 and applies to relevant blinds, curtains and some fittings supplied after 30 December 2010. The mandatory standard that deals with the installation services of window coverings was made on 28 March 2014 and came into effect on 1 January 2015.
If you are unsure if your window fittings are compliant InvestRent can assist you to ensure your property is complaint but most importantly safe.
Smoke Alarms
Smoke Alarm compliance is one of the most important responsibilities you have as an owner.
Our trusted maintenance partners Infinite Maintenance Solutions have provided a set and forget solution to ensure your property is compliant at all times.
Each state has different regulations that must be complied with
Safety Switch
All properties leased in Queensland must have a safety switch installed, if there is not a safety switch it must be installed by a licensed electrician prior to leasing the property.
It is not mandatory for Rental properties in New South Wales to have safety switches. However if your property does not have a safety switch we strongly recommend you have one installed.
If you require advice in this area please let one of InvestRents’ property Managers guide you in who to contact
Tenant Selection
Choosing the right tenant for your property adds value to your investment. Finding the right tenants for your property is our specialty and ensures your property is in the best of hands.
InvestRent accesses up to date tenant databases to screen for ‘blacklisting’, reference and income checks.Â
Our policy states that a thorough application process is followed and is mutually beneficial for the owner and the tenant.
