From a Queenslander-style residential office in the foothills of Mount Coot-tha, wunderkind Lauren Robinson has built a property management empire from the ground up. The journey has seen her win numerous prestigious awards including 2017 Property Manager of the Year. Between running her own business, surfing on the weekend and practising Pilates, Lauren has written and published a book about investing in property as a new landlord titled “Rented”.” Listed,” a podcast by realestate.com.au, caught up with Lauren to find out how she got started in the business as well as how she uses marketing savvy to win new business.

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One of the first questions first-time investors will ask themselves and their real estate property professionals is what’s a better investment- a house or an apartment? Ultimately it depends on your investment needs, goals and strategies. You also want to factor in market trends and consult with property managers, sales agents and other specialists so you can know which investment is best suited for you.

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Congratulations! You are now a property investor! You’re probably thinking of how soon you can secure a tenant for your property, what rent will you achieve and how to make your property as attractive as possible. It’s all very exciting, but there are some important things to go over to be a good property owner.

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Older adults, such as seniors and retirees, can make some of the best tenants for your property investment. There are some special considerations to take when setting up your property rental for older tenants, but the outcome is ultimately ideal. It would also give you an edge over other Landlords/Property Investors and Managers who are more keen on attracting younger tenants.

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Don’t be a negligent Landlord/Property Manager and make sure your entry and exit inspection reports are as comprehensive as possible. The Residential Tenancies and Rooming Accommodation Act indicates these reports as essential in compliance with legislative requirements, but they can also be a valuable risk management tool for any disputes that may arise regarding the condition of your property.

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Whether you’re a tenant or a Landlord/Property Manager, it’s important to make sure your rental property is up to par when the tenancy ends. For tenants, restoring the property to its original (or even better) condition can make for a stress-free move, particularly when it comes to recovering your bond. For landlords, a clean and presentable rental shows the next potential tenants that you value your property investment so they’re expected to do the same.

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Ideally, you would never have to put an early end to a tenancy. However, there are situations that call for such response. To avoid these sort of situations, it’s advisable to be clear and communicate with your tenant. Provide timelines, keep a paper trail, and make them aware of the process of breach in agreement is before they sign the lease. Another way to avoid an early or unexpected termination of a tenancy is to secure the kind of tenants you want in the first place.

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As Landlord/Property Manager, you’ll be hearing a lot of concerns from your tenants. It is your responsibility to see to these issues and it’s important to be efficient to keep both you and your tenant happy and stress-free.

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When tax season comes along, you’ll want to maximise profits, such as your assessable income and allowable deductions. You may also want to defer your capital gains tax. Here in Australia, the fiscal year officially ends on the 30th of June and the deadline for lodging your tax return is the 31st of October. Note these dates and remember the tips below when putting together your tax return.

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When potential tenants are scheduled to inspect your property, you as Landlord/Property Manager should do more than just tidy up. There are a number of ways to make your space even more appealing so as to ensure you’ll secure your dream tenant. Even unfurnished properties can benefit from these top tips to make them more attractive.

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