Taking Leah Jay Owners Further

Maybe it’s having more time to spend doing things that are important to you, building more for your family or growing a legacy. We help Leah Jay owners move towards more, delivering dedicated property management and independent advice. Property is more than an asset, it’s a future. With your property investment in our hands, you can go further with Leah Jay. 

Thinking of Selling

Looking to Invest

Considering Refinancing

Portfolio Healthcheck

investment services

With owners every step of the way

We not only do the fundamentals superbly that gives you peace of mind, we can also add substantial value through our complete property management approach. Whether you’re an investor or a tenant, our approach is proactive, prudent, and most importantly, human. We care about people and progress, and we’ll help you go further.

We’ve been doing this for over 27 years, the first to focus solely on property management. Along the way we’ve become the most awarded property managers in NSW.

But in providing a Complete Property Management solution, we go beyond this, if desired, from a Leah Jay owner thinks about their first property investment until they decide to sell their last. This isn’t jargon, we live it every day.

CONNECT WITH THE INVESTMENT SERVICES TEAM

Leah Jay owners also enjoy access to further support and information through our Investment Services team. It is our way of helping owners realise their property goals for right now, and the future. 

LEAH JAY’S TOP 5 MUST DO’S FOR PROPERTY INVESTORS

Property is the means to build wealth and a more secure future. Here are our Top 5 Must Do’s for those looking to go further with their property investment

FAQ's

Answers to the crucial questions asked by investment property owners.

We can work with you to maximise your investment and ongoing yield through targeted improvements to your property. This can be done with regular maintenance, freshening up the property and maximising the presentation through painting, pruning of trees etc.

The underlying aim is to help maximise the benefit from your investment right through the investment lifecycle, from acquisition to divesting.

Our Investment Services team can assist you with guidance about the local rental market, what is in demand and what rent can be achieved.

A lot of real estate agents add ‘property management’ onto their standard buying and selling of homes. Often these companies will charge lower fees because their core focus is on the income they make from sales commissions. We focus 100% on property management, have managed properties for over 27 years and have a strong team, which together give you the service you deserve.

We strongly recommend that you have landlord insurance in addition to building insurance. This covers you for tenant-related risks, including loss of rental income and loss or damage to your contents and building by the tenant. 

Routine inspections of the property are carried out eight weeks after the tenancy has commenced and then every six months thereafter. Owners receive a copy of all reports and your property manager will communicate any concerns they may have with you. We encourage owners to view their property at least once a year – this should be arranged with your property manager.

Approximately 63% of Australian households own pets. The majority of pet owners are responsible and ensure no damage is caused to the property or grounds. It’s certainly worth considering when you are looking for a good tenant that you consider tenants with pets.

Here’s some more information about pets in rental properties.

The owner is responsible for the supply and installation of Australian Standard approved smoke alarms, ensuring there is the correct number in the right location in accordance with Regulations. If preferred, Leah Jay can arrange a professional inspection by a smoke alarm provider for an annual fee.

If your property has a swimming pool or spa then a copy of a valid Certificate of Compliance issued in the past three years is required.  This must be done prior to any lease or renewal being signed; without this your property cannot be leased.

For more information about swimming pools in rental properties, take a look at our article: Is Your Pool Compliant?

Your property manager can arrange all maintenance and repairs to be carried out on your behalf should you prefer. General repairs and maintenance are included in our management fee. However, there is a fee applicable for insurance claims and larger projects.

Due to the recent COVID-19 legislation introduction the notice period to terminate a tenancy agreement has changed when providing notice to a tenant. You are now required to provide  90 days’ written notice when in a fixed term agreement. The notice may be given at any time up until the fixed term expires but this cannot take effect until the agreement term ends. You as the owner must give 90 days’ notice and the tenant must give you 14 days’ notice.

If the lease agreement has expired, it may be ended by the landlord or the tenant by giving written notice of termination. The notice may be given at any time. The owner is required to give 90 days’ written notice and the tenant must give you 21 days’ notice.

If the property has sold and the lease agreement has expired, the owner may terminate the agreement by giving 30 days’ written notice, on the exchange of contracts for sale. The tenant is not required to give counter-notice during this time if on an expired lease.

If you decide to sell your investment property, talk with our Investment Services team about the process. We have preferred real estate agents who share our values that we can put you in touch with.

If the property has sold and the lease agreement has expired, the owner may terminate the agreement by giving 30 days’ written notice, on the exchange of contracts for sale. The tenant is not required to give counter-notice during this time if on an expired lease.

We process funds on the 10th and 25th of each month. If these dates fall on a weekend or public holiday we will process the business day beforehand.

Articles

Read the latest advice and news from the Leah Jay team. In our blog we cover regional news, investment advice, property tips and stories of our owners and tenants. 

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Join property insider

Join our community to stay up-to-date with the latest property investment advice, policies and updates. You’ll receive a monthly email and gain exclusive access to our Investment and Property Management Resources.