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Discover how a seemingly minor oversight in property management can lead to seismic repercussions. In this episode, I, Samantha Eason, confront the sobering reality of what happens when experience doesn't equate to competence.
We explore a shocking case study of a renowned agency that, despite their 30 years in the business, stumbled catastrophically by failing to collect a tenant's bond and botching the subsequent legal steps. This cautionary tale underscores the critical need for continuous training and prioritising people over profit to avoid disorganisation and tenant dissatisfaction.
My promise to you is straightforward: I will provide honest, sometimes tough insights to aid your success, even if it means playing the role of the villain.
This episode is a call to action for all property managers and investors. Together, let's improve industry standards by sharing these valuable lessons with colleagues and local investors, fostering a more informed and resilient community.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Unlock the secrets to maximising your property investment returns by choosing the right property manager. Many investors meticulously select their financial advisors and mortgage brokers, yet overlook the strategic importance of a skilled property manager. In this episode of Talking Property Management, I'm Samantha Eason, here to shatter misconceptions about property management being merely about rent collection and minor repairs. Learn how the wrong choice can lead to costly mistakes, as we explore a real-life example of a client who suffered financial losses due to inadequate management practices.
Together, we challenge the status quo and emphasise the vital role a great property manager plays—from minimising vacancies to enhancing property value with strategic improvements. At Exclusively Managed, we treat property management as an asset, not an expense, and prioritise long-term success. Discover the essential questions every investor should ask to align their property manager with their investment goals, ensuring your property's future is secure and prosperous. Get ready to rethink your approach and elevate your investment strategy with insights from this episode.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Manglende episoder?
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Join Samantha Eason as she uncovers the often-neglected facet of property management that could be costing you thousands. Through a compelling story of a client whose minor maintenance oversight spiraled into a water damage crisis, Samantha spotlights the critical importance of proactive maintenance. This episode promises to equip property managers and investors with the insights needed to protect their assets. Discover how simple preventative measures, like resealing shower silicon, can save significant costs and stress.
As Samantha shares, relying solely on tenants to report issues can be a recipe for disaster. Many property managers fall into the trap of laziness or cost-cutting, overlooking routine maintenance and inspections. But ignoring these responsibilities can lead to expensive repairs and lost value.
This episode is an urgent call to action for property managers to adopt an active, diligent approach to safeguard investments and maintain property integrity. Don't miss out on learning the essential steps to avoid common pitfalls and ensure the longevity of your properties.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Why are property investors losing money on archaic fees when technology can do the same work for a fraction of the cost?"
Join me, Samantha Eason, as I pull back the curtain on a practice that’s siphoning off investor returns—excessive property management fees for simple bill entry. We'll uncover how some agencies justify charging up to 10% of an invoice for a task that modern software like PropertyMe and Console Cloud can handle in mere seconds.
In this episode of Talking Property Management, I emphasise the critical need for accountability and value-driven services in the property management sector. With technology advancing rapidly, agencies should be embracing tools that streamline processes—not using them as an excuse to impose exorbitant fees.
We'll discuss the broader implications of these practices on investor returns and the importance of holding agencies to a higher standard. By raising awareness, sharing experiences, and demanding fair management, we can collectively advocate for change. Empower yourself with the knowledge to protect your investments from exploitative tactics.
Thank you for tuning in to this critical conversation.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Ever wondered how to avoid the common pitfalls when selecting a property manager? Join Sam as she flips the typical narrative, sharing critical insights on what you should steer clear of to protect your investment. From agencies that prioritise sales over property management to those that manage too many properties with too few staff, Sam reveals the key red flags you need to watch out for.
Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Wondering how to navigate the complexities of ending a tenant's agreement without stepping into legal pitfalls?
This episode promises to equip you with the essential knowledge to properly issue a notice to leave, ensuring compliance and fairness for both tenants and property owners.
Join Samantha Eason, as she breaks down the critical two-month notice period, recent reforms eliminating the "without grounds" option, and the importance of proactive communication to prevent tenancies from becoming periodic.
Sam will guide property managers and investors through each step—from sending new lease agreements promptly to maintaining transparent dialogue with tenants, and avoiding a lease agreement from going periodic. Property owners, your timely responses to lease renewal recommendations are crucial, and we'll discuss why your role is indispensable in this process.
Have you ever wondered why certain agencies mishandle essential property management processes? We'll explore the reasons behind these missteps, whether it's due to a lack of understanding, resources, or staffing issues.
Want us to discuss something else? Text us your burning questions and topics you want covered in upcoming episodes.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
For our latest podcast segment, we'll delve into a distinct suburb each week, exploring the rental prices of advertised properties and uncovering just how much they deviate from the market rates. How much money exactly are these Brisbane Investors loosing?
One unlucky investor we found is losing $6000 per year on rental income. That is a record in this segment.
It looks like each other property we found the owners of these investments could be receiving an additional $4000-$5000 per year in rental income.
Properties further away from the city (Kallangur, Petrie & surrounds) are receiving more in rent for the same sized property.
My conclusion: Chermside needs better property management.
Tune in and discover why common mistakes, lack of understanding the rental market and poor photography are costing landlords hundreds of dollars each week. We promise you'll gain actionable insights that can turn your under-rented property into a high-yield investment.
In this quick episode I scrutinise rental listings in Chermside, Brisbane, revealing how better marketing strategies could significantly boost rental returns.
Whether you're an experienced landlord or new to the rental market, this episode is packed with tips to enhance your property management strategy / avoid the unexperienced agencies and ensure your property stand out, direct from Exclusively Managed.My goal is to provide you with an honest look at the Chermside rental market, sprinkled with a bit of humor and a whole lot of real talk, and even some cake!
So, tune in to get the full scoop and maybe a few laughs as we navigate the puzzling world of property management together!Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Ever wondered how the structure of a property management office could impact your investment?
In this episode of Talking Property Management, Samantha Eason, will unravel the complexities of task-based and portfolio-based management approaches.
You'll discover the strengths and weaknesses of each model, enriched with her personal experiences and insights from the field.
Hear about how portfolio-based management can improve customer service through consistent relationships but also face challenges like property manager burnout and service inconsistency.
This episode offers valuable advice on the importance of an experienced property manager and effective office management to ensure high-quality service for property owners.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
For our latest podcast segment, we'll delve into a distinct suburb each week, exploring the rental prices of advertised properties and uncovering just how much they deviate from the market rates. How much money exactly are these Brisbane Investors loosing?
One unlucky investor we found is losing $2600 per year.
Tune in and discover why common mistakes like outdated photos, lack of floor plans, and unfurnished listings are costing landlords hundreds of dollars each week. We promise you'll gain actionable insights that can turn your under-rented property into a high-yield investment.
I am going to be honest, in this quick episode I scrutinise rental listings in North Lakes, Brisbane, revealing how better marketing strategies could significantly boost rental returns.
Whether you're an experienced landlord or new to the rental market, this episode is packed with tips to enhance your property management strategy and ensure your listings stand out, direct from Exclusively Managed. Don't miss these essential strategies for boosting your rental income!Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
On this episode we delve into the inefficiencies plaguing large property management agencies and reveal how boutique firms can outperform their larger counterparts.
Using a recent leasing success in North Brisbane as a case study, Sam emphasises the importance of treating investment properties as business transactions and making tough calls, such as letting go of underperforming leasing managers. This episode promises to arm you with invaluable insights into effective property investment management and the benefits of choosing a more personalised, boutique approach.
Don't miss it!Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Ever wondered what's brewing behind the closed doors of property management legislation? Fasten your seatbelts as Samantha Eason, a well-versed principal and property investment specialist, leads us through the complex labyrinth of government interventions in the rental market. Premier Stephen Miles's recent social media musings on rent bidding and a real estate code of conduct have sparked a firestorm of debate, and Samantha doesn't shy away from sharing her unfiltered take.
From the nitty-gritty of property management training to the ripple effects of legislative blunders on both property owners and tenants, she lays it bare. This episode peels back the layers of responsibility and strategy that come with property investment, leaving no stone unturned in evaluating the government's missteps and the pivotal role of the Office of Fair Trading and REIQ.
Samantha Eason doesn't just stop at critique—she brings to the table a wealth of knowledge on building a bulletproof property management strategy.
If you've ever questioned the value of a top-tier property management team, Samantha's insights will illuminate just how integral they are to the prosperity of an investor's portfolio. Just as you'd trust a banker or broker with your finances, a property management team requires that same level of confidence and strategy to thrive. Samantha forecasts the legislative hurdles on the horizon but stands ready with her expert hat on to guide both seasoned and novice investors through the property investment terrain.
When the path gets thorny, remember, expertise like Samantha's is your best compass.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Ever found yourself in a property management pickle? Get ready to gather vital insights from my recent experience that will prevent you from falling into similar traps while enhancing your property's potential. As the owner of Exclusively Managed, I've seen it all, and this episode unravels how our team turned a disaster project into an appealing investment property.
Brace yourself for a fascinating account of how we conquered a challenging situation, where another agency’s negligence led to substandard work, causing a potential health risk for tenants. From dealing with mold issues to poor tiling, join me as I walk you through our process of coordinating with contractors to fix the mess urgently. Let's explore the art of renovating properties, striking a balance between timeless and minimal aesthetics that don’t drain your wallet. Experience an exciting world of property management and renovations that'll ignite your interest and enrich your knowledge.
https://www.exclusivelymanaged.com.au/enhanced/Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
This is a little tester I put out for our online community, if I was a green newbie property manager, and I had this situation arise, would I receive the correct information?
Well, I did and I didn't, have a listen.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
This is possibly the worst change in legalisation we have seen to date, and it affects everyone!
the agreement states the rent will be increasedthe agreement states the new amount (or how it will be worked out)the property manager/owner gives the tenant at least two months' notice in writing for a general tenancy and four weeks’ notice for a rooming accommodation agreement, andit has been at least 12 months since the tenancy started or since the last increase.
Rent cannot be increased during a fixed term unless it is stated in the tenancy agreement and all of the following occurs:
What do you do when your tenant is more than happy to pay the increased rent and stay in their home?Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
This is going to be very easy for any investor to fall into this trap!
There are companies now offering real estate agencies / property managers their un-licensed staff to attend your investment property and report on anything that may be unsafe or not meeting legalisation.
DO NOT FALL FOR THIS TRICK!Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Would you work 5 months for $800? No, but the agency down the road will!
Money has driven agencies since time began, realestate agencies have always been focused on the income, the growth, the sales, the percentages.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Why do all business development managers say the same thing? They are still using scripts from 5+ years ago! Why haven't they evolved yet?
Secrets within the franchises - I am kidding! No secrets here, but only what issues we have come across when dealing with a larger agency!Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Actually a few nightmare's.
I can go into detail for some more horror stories within the beautiful and wonderful role of a Property Manager, but right now, heres a snippet of a few.Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Short Episode - Don't Forget to say THANK YOU to your property manager today!
Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund -
Lower fees = lower service. You make the decision on what your property is worth.
https://www.realestatebusiness.com.au/tech/26050-administrators-appointed-at-real-estate-disruptor?utm_source=RealEstateBusiness&utm_campaign=30_06_2023&utm_medium=email&utm_content=1&utm_emailID=9abab4cc5de58be6e6bcdf915010a207b054039c56696ad116a6bf5e659d46b6
Article Reading with Samantha Eason:
An Australian proptech company has been revealed as facing serious challenges and has gone into voluntary administration.In an Australian Securities & Investments Commission (ASIC) notice published 29 June 2023, it was revealed that administrators from KPMG had been appointed to Different Technologies Pty Ltd., better known as :Different, under section 436A of the Corporations Act 2001.
That section spells out that a company may appoint an administrator/s if the board “thinks it is or will become insolvent.”
Send us a text
If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/
Donate to the sleepbus foundation here.
https://www.sleepbus.org/services/sleepbusfund - Vis mere
