Tenants Issue #1

The first of our regular newsletters to keep you informed and up to date from our team to yours.

We wanted to reach out and welcome you all to our new business now that we have taken over 21st Century Boutique Property at Technology Drive Augustine Heights.
The old team of Steven, Jade and Maddie were fantastic so we realise we have big shoes to fill but we are here to really give you all the best results we can.
We really like communication and openness so feel free to call anytime.
We had some real issues moving into the business and due to many factors, we were not able to contact you in the month leading up to the transfer from 21st Century Boutique Properties to our company.
We had no choice but to wait until settlement last week. We know it caused confusion, but we had to accept the situation at the time and move on.
We are moving on now and in the same office using the same systems and computer programmes. So, nothing changes apart from your bank reference numbers and account the rent is paid into.
We sent you all letters last week and email prior to that so we hope you have received your new reference number If not call your new Property Manager Tim to fix this up.

The New Line-up

Our company consists at present of four staff members who are here to help you with any issues that arise with your rental property.

Tim has had years of experience in Property Management and is available to assist where possible.
Tim is assisted in the office by Kate who is in the office Monday to Friday
Jim’s role is to assist Tim where possible, but his focus is organising and sourcing land and constructing properties suitable for investors and First homebuyers to purchase.
We have had decades of experience between us and together our goal is to be the best we can be for you.

Many of you are concerned by the current state of Brisbane Rentals

In recent times so many tenants have approached us looking for ways to buy their own homes to shield themselves against future rent rises, but most of the tenants we spoke to felt trapped and thought they were not able to get a bank loan.
We have had to look for creative ways to package new properties to make them affordable to tenants to be able to afford to purchase their own home.
We have been successful in finding some innovative and successful solutions and many tenants we have met are well on their way to moving into their own new homes over the next twelve months.

Rent rises aren’t the Landlords fault.

As Interest rates have risen over the last two years since Covid many landlords have had to decide to raise rents to cover costs. We think interest rates are currently near the top of their range with maybe only one more rise left until the RBA starts to move in the other direction but there are several other factors weighing heavily on the Brisbane rental market currently.
The main one is the lack of supply of properties to rent. Covid really threw a spanner in the works with the cost of building materials increasing and the ability to find tradies to build property shrank causing fewer and fewer properties to be built.
Add the fact that the Olympics are happening in 8 years in Brisbane and mass numbers of overseas and interstate people are moving to our fair city over the next few years and this is putting huge pressure on the availability of property to rent.

That’s why rents are increasing, Not enough properties and too many applicants.

We think it’s important that we share this info with you. We are letting you know this, so you know that we are aware of the affects this is having on your lifestyle, and we genuinely care about you. We also want you to understand your landlord is facing similar pressures so it’s important that we all stay together and talk through any issues that come up.
Always remember your landlords want continuity of rent and no vacancies so they don’t want you to move out. You don’t want to move out either so this is why we will be working with you to get through the next few years together with the least disruption to you
Does that sound ok?

Education meetings

We hold regular Saturday “how to buy your own home ‘” sessions, at 11 am to 12 pm in the office at 23 Technology Drive Augustine Heights.

  • We will run over many ways to get deposits organised, even if you have no deposit now.
  • We will show you how owning your very own brand-new property may be cheaper than renting.
  • We generally have a Finance broker at these meetings to give you free advice on clearing bad debt, how to budget and how banks look at you before they say yes to a home loan.
  • We show you 4 to 5 different property styles that many of our tenants can afford to buy, from 3 bed to 5 bed new build homes within several kilometres from our office in great suburbs, some where you may be living now.
  • We show you the actual costs associated with each property so you can see firsthand whether you can become a proud first homebuyer or not.

Call Jim on 0418 250 879 to book into the meeting this Saturday.

All the best from HOMEBUYERS NETWORK AUSTRALIA PROPERTY MANAGEMENT

HOME BUYERS NETWORK PROPERTY MANAGEMENT FEE BREAKDOWN

  • Disbursement Fee - $5 plus GST / monthly
  • One (1) weeks letting fee for new leases
  • Advertising - At Cost
  • Building improvements and renovations – 10% of agreed costing
  • Attendance and Preparation for NCAT - $255/hour
We Don't Charge:
  • Lease renewal fee
  • Tech Fee
  • End of Financial Year Statement Fee
  • Monthly Statement Fee
  • Lease Preparation Fee
  • Periodical Inspection Fee
  • Accounts Payment Fee

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