Rental properties are considered water efficient if certain water fixtures meet the standards listed below.
The requirement for taps applies only to internal cold water taps that are installed over a hand basin, kitchen sink or laundry trough (including single mixer taps). The requirement does not apply to other taps in the property such as bath tub taps, outside taps for the garden, or taps which supply washing machines or dishwashers. These taps are not required to be water efficient.
Property managers/owners should be able to demonstrate the presence of water efficient fittings with a water compliance certificate, plumbers report or receipts.
If there is one thing an investment property owner doesn’t want to happen, it is to lose money on an investment. The intention of an investment property is always to increase income and wealth; however, sometimes things can go wrong and what starts out to be a dream of building a strong financial future becomes a nightmare that costs money.
A rental property can become an endless money pit for various reasons, such as repairs that were not foreseen or even damage to your property. Even worse can be bad tenants in the absence of reliable and succinct rental property managers to ensure all the workings of your investment are running smoothly.
Even if your property management is the best and the tenants are great, accidents can still occur either to your property or to people who are on your property. For the times when things do go wrong with incidents, accidents and more, the wise investment property owners makes sure they are covered by landlord insurance.
Why Landlord Insurance?
An investment property is a huge asset and one to be taken care of and protected. It is a business and should be treated as such. Landlord insurance will give astute property owners a sense of ease knowing that if something occurs or goes wrong, their hand won’t necessarily be reaching into their pockets. Depending on your insurer, the terms and conditions may vary. However, when expert property managers are selected, they should be able to put you in touch with a reliable insurer who can offer you the best asset protection.
Until then, set you mind to thinking that no investment property owner should be without landlord insurance. As the owner, whatever happens on the premises of your property could end up being seen to be your responsibility. This is particularly true if there is a carpet repair that should have been carried out on a stairway and the tenant trips and falls. Here you will probably be held legally liable, yet with the right cover you won’t end up having to pay for medical expenses, amongst others.
Don’t assume that if you are related to, or know the tenant, that these rules do not apply. It is a common tale that friends and relatives have become enemies when business transactions have gone wrong. If you are unsure of what landlord insurance covers, then you should get in touch with your property manager today to ensure that you receive sound advice and that you are pointed in the right direction.
If you would like more information on getting the best property management and the most thoroughly screened tenants for your investment, learn more about our property management in Brisbane. Our property partners will help with overseeing your luxury house, prestige home or executive rental property.
Drowning is the most common cause of traumatic death in children aged under five years in Queensland. Approximately five toddlers drown in Queensland swimming pools every year. Almost all swimming pool drownings are preventable.
As the temperature increases, so too does the need to find a cool spot in which to relax and escape the heat, especially for children.
Many parents look to small inflatable pools for this relief but there are several issues parents should be aware of before buying these pools. Unfortunately, every year at Christmas time, a number of lives are lost around Australia due to children drowning in small pools. Sometimes, people just aren’t aware that it only takes a small amount of water for a child to drown.
Portable pools and spas can pose a serious safety risk to young children. A number of child drownings in recent years have occurred in portable pools and spas. It is therefore important to consider the safety of young children around these pools.
If your portable pool or spa can hold more than 300 millimetres of water, has a volume of more than 2,000 litres or has a filtration system, the new laws apply to you. You will need to:
Obtain a certificate from a licensed building certifier stating that your pool complies with the pool safety standard, before filling the pool or spa with more than 300 millimetres of water.
Obtain a building approval.
Register your pool or spa.
If you are selling, buying or leasing your property with a pool or SPA, a safety certificate is required from a licensed pool safety inspector. Alternatively, the portable pool or spa can be removed.
Exclusions From the New Laws
Queensland’s pool safety laws do not apply to portable pools or spas that:
Cannot be filled with more than 300 millimetres of water.
Have a maximum volume of 2,000 litres.
Have no filtration system.
All three criteria above must be met to be excluded. Many models of portable pools sold at department stores and pool shops meet these criteria, but you should check before buying.
Morayfield – half way to the Sunshine Coast (a 1 hour drive from Wishart H.O.)
A big welcome to Shame and Pam Kelly from Narrabri NSW, who were referred to ARRIVE to manage their property in Morayfield, a 60-minute drive from Wishart HO. Rented for listed rental price within 7 days!
‘We would follow the ARRIVE team anywhere, regardless of where our property was located. We tried other local agents and they just didn’t do what they said they would do. We were a little skeptical at first about the distance, but Arrive proved that location no longer has any bearing. They rented our property within 7 days at a higher rent than the other agents had previously gotten us’. A big thanks to Karen and her team.
Long gone are the days where tenants walk into an Agency and ask for a Rental List, nor do they pay rent by cash and we continue to prove this time and time again for our owners.
At ARRIVE, we promote your home on the most prominent international and local accommodation websites. Our sophisticated contact management software enables us to effectively communicate with current and prospective residents looking for unique accommodation, either locally or overseas.
So, when it comes to showcasing a property, we will transport your home beyond geographical boundaries.