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Do I Need Building Insurance Before Settlement?

When purchasing a property, one of the most important items to tick off is securing Building Insurance. Without this your valuable investment is at risk and leaves you vulnerable if something were to occur. In most cases, lenders state this is a condition of the loan. The question you may well be asking yourself, do […]

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Landlord Insurance And Why It Is So Important

For many home owners, having an Investment Property is an excellent achievement, this can all become a disaster for those who don’t have a Landlord Insurance Policy.  In 16 years, I have seen all that can go wrong, and unfortunately the Investors who don’t have Landlord Insurance are the clients it generally happens to.  If […]

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FIRE SAFETY GUIDE

A fire burning in your home certainly falls into the worst nightmare category and each year in Australia, thousands of people see that nightmare become reality. Statics show in a 12-month period, more than 19,000 fires affect structures in Australia, and while property and possessions can usually be replaced, sentimental items and most importantly, lives […]

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Proposed Legislation Changes To Body Corporates

On 24 August 2023 the Queensland Parliament introduced the “Body Corporate and Community Management and Other Legislation Amendment Bill 2023” The Bill intends to make changes to the Body Corporate and Community Management Act 1997 (BCCMA) to deliver improvements to, and modernise the operation of, the BCCMA. The proposed changes will affect many day-to-day arrangements […]

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Where To Advertise Your Property For Rent or Sale

Quite often as agents we are questioned, “Where do you advertise your properties for rent or your Sales Listing?” Put simply we choose realestate.com.au as they align with our requirements and allow our valued customers the very best opportunity to find tenants and buyers alike. With an extensive listing database, a user-friendly interface, detailed property […]

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Making An Offer When Buying A Property

It can be a very disappointing experience when you miss out on a property that you have your heart set on. Quite often this happens because the offer process is misunderstood. When making an offer to purchase a property, it is important to be aware of the following: The agent will submit all offers to […]

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WHAT ARE BODY CORPORATE LEVIES?

Body corporate levies underpin the function of each community. Nobody really likes paying them,but understanding how they are calculated, where they go, and what services they provide, may justmake you feel a little bit better about contributing your share. Body corporate contributions, generally called levies, are the payments made by all lot ownerstowards the operation […]

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LEGISLATION CHANGE – RENTAL INCREASES LIMITED TO ONCE A YEAR!

As winter approaches, we want to take a moment to reflect on what a fantastic Summer/Autumn it has been for our team. We continued to work hard to provide exceptional service to our clients, and we are proud of the outcomes we have achieved. As we close out the month, we remain dedicated to maintaining […]

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Welcome to Mould Season!

Tips For Fighting Mould And Staying Safe This Mould Season! As the days grow shorter and the temperatures begin to cool, we find ourselves entering Mould Season. Mould can become a prevalent issue during colder months, with the increase in moisture and reduced sunlight creating ideal conditions for its growth and production. At Running Property, […]

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Running Property Rent Arrears Procedure!

At Running Property, we pride ourselves on having strong systems and procedures in place. One of the most important procedures is our Rent Arrears Management Action Plan for tenants. When a tenancy begins and keys are collected from our office, we sit down with the tenants and explain this process very thoroughly and ensure they […]

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Rental Property Trends for 2023

The rental property market in Australia is booming, and real estate investors are poised to take advantage of the growing number of opportunities available in the coming years. As we look ahead to 2023, there are several trends that are likely to shape the rental property market in Australia. Firstly, the demand for rental properties […]

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Get to Know the Trades Behind the Scenes Repairing Your Investment Properties

At Running Property, we pride ourselves on having the best trades. These companies have been with us for many years, and we trust and respect their work, knowing they always have our valued clients in mind. Having a strong relationship with our trades allows us to effectively manage your valuable asset more efficiently and ultimately […]

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Changes to Queensland Tenancy Laws

As most Investors are aware changes to Queensland Tenancy Laws became into effect on the 1st October 2022. Major changes include: Landlords have no automatic refusal on pets in rentals – Queensland landlords will no longer be allowed to refuse pets in rental properties without a reason deemed valid by the state government. The bill […]

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Fantastic News!! Exciting Changes Happening at Running Property!!

Amiee Senekal has returned to the office after having a little baby boy, named Cohen. Whilst she was on maternity leave, working from home, Trinity Naumann, who you are aware of will now permanently move into the role of Assistant Property Manager and Amiee will be the Senior Property Manager for all of our properties […]

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How To Evict A Tenant Legally In Queensland

Being in the Real Estate Industry for nearly 15 years, there really isn’t anything I haven’t encountered. The topic of tenant eviction is generally an awkward one, and usually a last resort. I often hear landlords say, “let’s get them out.” Landlords can’t just evict a tenant whenever they feel like it. Tenants have rights, […]

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Tax Time Is Approaching!! 5 Tips For Investment Property Owners At Tax Time

1. FIND A GREAT ACCOUNTANT Finding a great accountant is number one on the list as this can be the difference between thousands of dollars in savings. As an Investment Property owner, you need someone aware of everything you can claim and who will go the extra mile. Sometimes paying more for an accountant can […]

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Getting the Best Tenant & Letting Process Explained!

Every single one of our clients has gone through the experience of searching for a new tenant.It can be a daunting process for first-time Investors and Long-Term Investors who have had long tenants.At Running Property, we pride ourselves on sourcing the best tenants. How does someone apply for my property? We always ask that the […]

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6 TIPS TO SURVIVE STORM SEASON

It’s that time of year again – storm season in Queensland! Storm season generally starts during the later weeks of September, when the temperature starts to rise once again. Queensland storms are usually quick however can be very destructive. When they catch you off guard, you can find yourself stuck in high winds, torrential rain, […]

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THE IMPORTANCE OF HAVING A PROPERTY MANAGER!

PROPERTY MANAGER VS SELF-MANAGED Quite often I will be asked the question, “Why do I need a Property Manager, don’t you just fix leaking taps”? The short answer is no. So, you’ve purchased an investment property, well done! But where do you go from here? To start earning rental income, you must find tenants for […]

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How a depreciation schedule can save you money at tax time

Running Property’s introduction to claiming depreciation on your investment property As a property investor, there’s nothing more exciting than buying your first investment property and getting your first statement from your property manager showing your rent coming in. But did you know that, even though rental income is the main priority for property investors, there […]

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New Smoke Alarm Legislation 2022

As you may be aware the New Smoke Alarm Legislation is fast approaching and we need to ensure your properties are compliant before the deadline! All properties in Queensland must be upgraded by 31 December 2021.   All QLD Landlords must ensure that smoke alarms are installed in rented properties and compliant to new amendments to the Queensland Fire and Emergency […]

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Renting to Pet Owners

Anthony Wright, Head Property Manager for Running Property, gives us insight into renting to pet owners. Over the years I have dealt with multiple tenants who have struggled to secure a rental property simply for having a pet. Having over thirteen years of experience in this role, it is on the very rare occasion a […]

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The top 10 things tenants look for in a rental property

Contacting you when there’s an issue. Always paying on time. Respecting your property and the neighbourhood.

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