At Ray White Cleveland we know and understand what it means to be an investor.
We take pride in our capacity to provide a high level of service with strict adherence to best practice and welcome the opportunity to bring you peace of mind. It also means that you will feel confident in knowing that your requests will be met every time and your property managers are fully equipped with the skills and systems required to manage your investment.
We understand that your property is a significant asset and that your chief objective is to maximise the return on your most valued investment. Our team will also focus on the bigger picture when it comes to your investment – that means working with you to maximise the potential of your property portfolio.
Your requirements as a landlord are met by a team rather than an individual, thanks to a communications platform developed for compliance and collaboration.
The Ray White Corporate “blueprint for property management” has been built on 107 years’ experience of on the job learning into an interactive education and training hub that forms the core of the Ray White quality approach. Our “blueprint” is unique to Ray White and a feature that no other real estate group can rival.
The difference is in the detail. Our quality approach offers you…
- Zero tolerance policy towards rent arrears
- Rent reviews to maximise the return on your investment
- Repairs and maintenance
- Routine inspections every three  months;
- Detailed reporting on inspections and maintenance
- Careful selection of tenants
- Tenancy tribunals, appreciations and appearances
- Tenancy agreement renewals
- Tenancy terminations
- Breach notices
- Key audits
- Pre-vacating inspections
- Exit condition reports
- Management of goods left behind upon vacancy
- Bond disbursements
- Investment advice
- Portfolio guidance
- Competitive insurance opportunities
- Mortgage review and appraisal
- Industry-best training, education and resources
Selecting the right tenant
One of the most important decisions you can make regarding your investment property.
We will not compromise our reputation of providing our clients with the most suitable tenants to lease their properties.
Our philosophy is to always be critically selective with tenants because our aim is for you to have a worry free tenancy. Our detailed screening process aims to establish that tenants can meet the responsibilities of the general tenancy agreement.
Once a tenant has inspected the property, they must submit an application form and supply us with 100 points of ID before any application is accepted and processed. The following information will be compiled for your final decision:
- Current rental history and references obtained
- Previous rental history and references obtained
- Employment details incl. salary confirmation
- Financial ability to sustain the weekly rental payment
- Personal and professional references obtained
We obtain up-to-date previous rental records from separate sources and undertake:
- TICA checks (Tenancy Information Centre Australia)
This has proven to be invaluable in cases where a tenant has chosen not to include the correct info on their application form. This is just another service we provide to protect your property and maintain investor confidence.
Our job is to process all of the above information and guide you with your decision, but ultimately the final decision will be yours.
Our property managers are constantly monitoring the rental market and will re-evaluate this prior to the expiration or renewal of each Tenancy Agreement.
As part of our standard lease renewals process, we will review the rental yield for your property to ensure that we are maximising the financial return on your investment. Our team will ask you for written instructions regarding your property and current tenancy 3-months prior to the end of the lease agreement expiry. As the lease renewal process requires us to work within stringent deadlines and legislation, we must provide at least 2-months’ notice to amend any terms of the lease agreement or to issue the tenants a Notice to Leave.
Our rent reviews are based on comparative rentals in the current market and we will attach a Comparative Rent Analysis (CRA) with every lease renewal. We will identify all your available options and make a recommendation that will be best for you and your property.
We believe in creating wealth for our clients, that’s why we always ensure that you are achieving the highest return possible on your investment property.
Leasing a property with a pool
Pool Safety Form for Landlords
Recommendations to prepare your property for rent
- The premises and inclusions are to be clean and are to comply with local and state authority building regulations with it being safe and fit to live in.
- A Safety Switch is to be installed for the Power Circuit. Owners of leased domestic residences must have had a safety switch installed for the power circuit of the residence after a residential tenancy agreement has been entered into.
- All windows and doors including cupboard doors open and close easily.
- All locks are secure and operate effectively with keys.
- Full set of keys to be provided – one set for the managing Agent and one full set and access keys if applicable for each Tenant/s named as the lease holder/s under the lease agreement.
- The Property provides adequate security to enable Tenant/s to obtain contents insurance for personal items.
- All corded internal window coverings comply with Trade Practices (Consumer Product Safety Standard – Corded Internal Window Coverings) Regulations 2010.
- Carpets are professionally steam cleaned.
- Pest control is current – annual service is a requirement.
- All houses and units in QLD must have installed at least one nine volt battery-powered smoke alarm as a minimum legal requirement. A smoke alarm must be installed on or near the ceiling on any storey: Between any area containing bedrooms and the rest of the house or unit e.g. hallways and on a storey not containing bedrooms on the most likely evacuation route from the storey. Recommendations are hard wired or 10 year lithium battery smoke alarms for cost effectiveness and reliability.
- All buildings that are not stand alone houses or townhouses are to comply with Building Fire Safety Regulations. Compliance is the Owner’s responsibility. Unit Owners are to check with the Body Corporate to confirm compliancy and annual requirements have been met or, if no Body Corporate is appointed, then Owners are required to arrange a qualified Company to ensure compliancy is met as per the Regulations.
- Telephone line installation approval has been given. (Tenant is responsible for the connection).
- If a telephone connection is not currently installed in the Property then you will need to authorise the Agent to give permission to the Tenant to have one installed and further authorise the Agent to reimburse the Tenant installation costs applicable at time of commencement of tenancy.
- If a unit or a townhouse – 2 copies of the By Laws are to be provided to the Managing Agent – one for the Agent’s file and one for the Tenant.
If it is your own home being rented out, then we suggest the following:
- Re-direct mail via Australia Post
- Notify the Council of your forwarding address for Rates Notices if you have not instructed our Agency to pay the rates on your behalf.
- Notify Energex, gas, phone and other utility companies to finalize accounts if applicable, and provide your forwarding address details.
- Notify your Insurance Company and Mortgagee Holder of the change of occupancy status.
- If water consumption costs are to be passed onto the Tenant ALL the minimum criteria is to be met as legislation requires. (Fact sheets available upon request on How to be Water Wise and Water Wise Rebates).
- If your Property has a pool, ensure it meets current Government Regulations in regards to fencing, CPR signage and water consumption/use. The Pool Owner must hold a current Pool Safety Certificate.
- If the Property is under a Builder’s Maintenance Warranty, the Agent will endeavour to have the Builder attend to any defects/repairs required during the period. However it will remain the Owner’s responsibility to ensure items are followed up and rectified. Should the Builder not attend to urgent/required items under the Tenant’s Lease Agreement, then the Owner authorises the Agent to employ qualified Tradespeople to attend to the requirement and the Owner will seek reimbursement from the Builder for payment.
- Landlord Protection Insurance. Whilst rental reference checks are completed as thoroughly as lawfully allowed, we cannot predict or know how a Tenant’s future ability to meet their tenancy obligations can be affected e.g. in event of death or long illness, loss of job, relationship split etc. We recommend all Lessors arrange an insurance policy to protect their investment. Brochures are available upon request.
- Contents Insurance for your Property’s fittings and fixtures – may be included with your Property insurances or incorporated in a Landlord Protection policy. As your Managing Agent we require that you have Public Liability Insurance for your Property. If your Property is a unit the cover must include the internal unit space. NOTE: Public Liability under the Building Insurance, taken out by the Body Corporate, only covers the common areas. It does not cover events inside your unit.
- Provide Agent copies of operating instructions or manuals for appliances or other items which Tenants require instructions to use.
- Provide Agent with Warranty details for any applicable item or building works, if applicable.
- Exchange or arrange for the normal light bulbs to be exchanged for Energy Efficient Light Bulbs.
- Pre-place picture hooks on walls in best locations – this helps control placement and number of picture hooks allowed and protects walls.
- Leave specific cleaning instructions for specific items e.g. solid stove hotplates – we strongly recommend you supply a set of covers for the plates as inventory items, as well as a tube of the element cleaner.
- Arrange for lawns and gardens to be trimmed and maintained regularly until Tenant commences lease. Untidy lawns / gardens do not attract Tenants.
- Plan for a ‘pre-Tenant’ spot clean which may be required following leasing activity and just before a new tenancy begins.
- Weed and mulch the gardens.
- Consider installing water saving devices to meet requirements of Local Council Water Restrictions. Optional: Installation of Rain Water Tank (rebate may be applicable from Local Council and State Government).
- Consider including lawn/garden or pool maintenance in the rent. We can arrange quotes for regular services and adjust the recommended rent accordingly.
- Consider installing lawn and garden sprinklers with timers. Installation will assist in the maintenance of the garden and lawn, subject to local council water restrictions which may be applicable from time to time.
Please submit the below form for an obligation free rental appraisal on your property