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High risk, low reward: Private landlords reminded of stiff penalities

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Your Investment Property | 24 Mar 2016, 08:00 AM Agree 0
A fine of more than $7,000 for an investor in Western Australia should serve as a reminder to private landlords about the risks they may be taking in self-managing rental properties
  • Graham | 24 Mar 2016, 02:36 PM Agree 0
    The tenancy laws aren't that difficult actually. Good luck trying to find a competent property manager. It's way less stressful to manage our own properties. Takes less time as I don't have to manage the property manager. Tenants also appreciate that maintenance is done quickly.
  • Not a veggie | 25 Mar 2016, 01:11 PM Agree 0
    What is the world coming into, believing that we are unable / incapable to manage and understand Their new laws. Landlords simply need to keep with the laws that are coming into place and manage their own portfolio. Had several property managers and none of them were up to it, it is just a job for them, the properties are not theirs. As Graham mentioned above tenants appreciate when the maintenance is done accurately and promptly, you will keep your tenants longer and have a better business relationship with them instead having the property manager playing the blaming game on each landlord / tenant.
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