We have come to realise that nearly half our clients are 'Accidental Landlords' - people who have inherited their investment properties or moved out of their family home and rented it out. So what? Why does that matter? Well the questions and challenges for Accidental Landlords are different to those of 'Active Property Investors' – those who specifically bought their property as an investment. If you are an Accidental Landlord, read on and we’ll talk about why you should care.
Among the largest barrier for most people listing their property on Airbnb is the cost, time and hassle associated with furnishing the property. Additionally, the quality and style of the furnishings can directly impact your guest reviews and therefore potential bookings and earnings – so it is important to get it right. So, LongView has launched an all-inclusive Furnishings service
Owners’ corporation levies are often a substantial cost for apartment owners, but those costs frequently come with bad service. Complaints we often hear include slow or no responses to emails and queries, failing to account for expenditures, no maintenance oversight and engaging negligent maintenance contractors. The list goes on to include weak enforcement of body corporate rules and poor communication with members.
Thankfully, you don’t have to deal with any of these issues on your own. LongView’s owners’ corporation management business (soon to be called LongView Owners Corporation) can act on your behalf.......
Vacancy can come quite suddenly – a month-to-month tenant only needs to give you 28 days notice – and can be very expensive, typically 2 to 4 weeks of lost income plus advertising costs and letting fees.
That’s why we created LongView’s Guaranteed Rent solution. Because we manage nearly 2,000 properties all over Melbourne, our JOB is to manage for minimal vacancy.
Our Executive Chair, Evan Thornley, successfully moved a block of flats in St Kilda from traditional rental to AirBnB and saw a 50% increase in net cash flow. So now we always appraise a property for our clients for both traditional and AirBnB rental to see which option is most attractive.
LongView is committed to constantly improving our client service and making your experience smoother and less troublesome. But like most local agents, we’ve done so to date on software than is frankly 20 years out-of-date. After spending years in Silicon Valley some of us were shocked at how backward the local agency world is in technology adoption.
Every day there are stories in the press about whether we are in a property boom or bust, making the case for one or the other supported by a lot of confusing analysis on debt to income ratios, price to yield ratios and many other facts. Interest rate cycles come and go. Negative gearing tax
Management Consultants are first taught one crucial thing: be clear about which numbers matter and which ones don’t. This was certainly my first experience while working for McKinsey. ‘What’s a big number and what’s a small number? Let’s fix the big ones first.’ And so, while we will all be prudent about minding every cent,