Leasing to tenant on Start Safely Program NSW

Discussion in 'Property Management' started by Accidental Investor, 14th Sep, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Accidental Investor

    Accidental Investor Well-Known Member

    Joined:
    20th Jun, 2017
    Posts:
    50
    Location:
    Sydney
    I want to let my place out to help someone with a kid escaping DV and who is just approved for the NSW Start Safely Program, where the government pays a portion of the rent. They are having problems finding a place, being knocked back by agents, I guess. This is in the Port Stephens Council Area. Can anyone recommend a good PM please, who will approve the lease on my behalf, or tell me about the risks if I try to do it myself? I currently let the place to retirees (no agents) who are moving out soon, using a standard NSW Fair Trading Lease Form, and have had zero problems, been pretty lucky that way. The local agents management fees are >7% which is really high! Thank you in advance.
     
    Accidental Investor, 14th Sep, 2019
    #1
    Michael Mitchell likes this.
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,225
    Location:
    Sydney or NSW or Australia
    Risk include the tenant may get Govt housing and break the lease - no compensation.
     
    Scott No Mates, 14th Sep, 2019
    #2
    Accidental Investor, Dan Wood and Michael Mitchell like this.
Maximum Deductions - Washington Brown Depreciation