Your Adelaide Residential and Commercial Specialist since 1961

Tips for landlords and tenants

 

For the Landlord

Spend money when necessary
In order to maintain good returns on an investment property it is wise to keep a close eye on the property's condition and spend a few dollars when and where necessary to keep the property looking its best. Neglecting general maintenance to save a few dollars could cost weeks worth of rent in the future or attract a less than desirable tenant.

Regular maintenance also prevents dissatisfaction from existing tenants. It encourages them to stay longer and helps to justify any future rent increases. Remember… the cost of repairs or maintenance to items such as blinds, light fittings, furniture and appliances or painting walls and replacing carpets may be tax deductible.

Top quality maintenance ensures an investor is not only able to achieve the highest possible rental return, but perhaps more importantly, strengthens the prospect of long term capital growth.

Landlord FAQ’s on Takeover Managements

For any further enquiries
please do not hesitate to call our office on 08 8212 5899 or email us at sp@phillisrealestate.com.au

 

For the Tenant

Applying for a property
When you apply to rent a property through a real estate agent, be ready to provide references and information about yourself and other intending occupants. This enables us to quickly process your application giving you the best chance of success.

Residential Tenancy Agreement
When entering into a residential tenancy agreement, ask your agent to explain terms or conditions you don't understand.

When you sign the Residential Tenancy Agreement you will receive a copy so that you have a record of each party's rights and responsibilities. You will also receive an Inspection Sheet setting out the condition of the property at the beginning of the tenancy.

Rental bond
The amount of rental bond paid by a tenant as a form of security for the landlord varies according to the type of property involved, but is usually either four to six weeks rent.

This is returned at the end of the term of your rental agreement provided the property is in the same condition as when you entered the property.

For any enquiries please do not hesitate to call our office on 08 8212 5899
or email us at sp@phillisrealestate.com.au or click here to download forms.