Those of you who self-manage...

Discussion in 'Property Management' started by D.T., 22nd Sep, 2015.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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    Which websites and / or newspapers etc do you list your available rental properties on?

    Gumtree
    Forsaleforlease
    Local paper
    Others?
     
  2. wylie

    wylie Moderator Staff Member

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    We used to use one of the rent sites (cannot recall the name - maybe rent.com). Five years ago we had three empty houses and my mother's funeral the same week. We handed them to an agent to find us tenants. Since then, that is what we have continued to do in return for a week's rent plus advertising.

    We also have used Gumtree and passed the applicants to the agent for checks. One of our best tenants came from Gumtree, but of course, you get a lot of rubbish too.

    I know we can also get onto re.com and we did that recently via forsaleforlease which we used to get on re.com. When we had no luck with that (terrible market at the time), we went with an agent who found us a fabulous tenant.

    In the olden days, before the internet, the Saturday and Wednesday paper was the only place for us to find a tenant, and of course the "local rag". Now I wouldn't bother.
     
  3. Hodge

    Hodge Well-Known Member

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    When I self managed many years ago i used gumtree. Big no no as majority of applicants were deadbeats with no job. For some reason that website attracts scum.
     
  4. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

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    I don't self manage, but I I were looking to rent myself, I'd go to realestate.com.au and that's about where I'd stop.
     
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  5. WestOz

    WestOz Well-Known Member

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    My current IP's came with long-term tenants and referrals from them so haven't had to advertise for awhile.

    If I had to I'd probably place a sign on the front lawn, a neighbor may let someone they'd want in their street know about it, sus them out from there.

    In the past with other IP's I used the local area community newspaper with ~90% success of reliable tenants, no major dramas though.
    IMO with internet etc newspapers are dead, however whoever is genuinely looking for a local place will check out the local free rag, saves getting phone calls from OS etc.

    I'd avoid Gumtree, too many unknowns.
     
  6. Biz

    Biz Well-Known Member

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    Same here but i have an ice problem a history of defaults and two staffys i like to sneak in after a month so Gumtree is my go to site.
     
  7. wylie

    wylie Moderator Staff Member

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    The tenant I last got from gumtree was thoroughly checked out by the agent. He wasn't doing such a great job himself so I put up the advert and she passed all checks with flying colours. Before we could get on re.com our choices were limited. These days it would be much harder still if we couldn't get into re.com.
     
  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    There's also Facebook with lots of rental groups. For example type in "Sydney rent" into the search bar in facebook. Btw I've never tenanted a place this way but it works as a pulse to see what is going on.
     
    Last edited: 23rd Sep, 2015
  9. hobo

    hobo Well-Known Member

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    Local paper (in the past, no longer), re.com.au and Gumtree are the only ones I've tried (re.com.au is always through an agent who does searches etc and just charges an initial fee - I've never listed directly myself).
     
  10. JenW

    JenW Well-Known Member

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    We've always relied on our own site and Gumtree. Keep in mind however that we do rent to a niche market, those looking for fully furnished properties for two months or longer. We've rarely had dramas, to be honest - had a bad experience recently, but one in eight years is pretty good. The worst thing our tenants usually do is leave the property dirty - nothing our cleaner and the bond doesn't (usually) cover.
     
  11. JohnPropChat

    JohnPropChat Well-Known Member

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    rent.com.au - took up on their offer for free listing - got no responses, however gumtree had a few good responses.

    On a side note - I found my current rental property via gumtree and I consider myself a good tenant.

    Next time I'll list on re, reiwa and domain. Does anyone even use domain?
     
    Last edited: 23rd Sep, 2015
  12. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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    In the ACT it's all about allhomes.com
     
  13. wylie

    wylie Moderator Staff Member

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    I never look at Domain. It seems to be a NSW and VIC thing. But when we sell, we do list on it to catch a southern buyer.
     
  14. Kael

    Kael Well-Known Member

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    I'm from NSW and I've never (and only know one friend who has ever) used Domain :p
     
  15. liverpool77

    liverpool77 Active Member

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    Use RE and Domain.

    We have manged to use both gumtree and also "word of mouth" but also use an agent who takes first week rent plus costs.
     
  16. Sasim

    Sasim Well-Known Member

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    In WA and hope to this week sign a tenant - enquiry from Domain. Have noticed in last year enquiries from Domain increased a little.

    I self manage and use a combination of the standard sites RE.com/Domain etc (obviously through one of the third party advertisers) and Gumtree.

    In my experience I would say I have had equal great results from Gumtree and the likes of RE.com. However, I would say if advertising on Gumtree, especially in lower price point rentals, you need to be prepared to do a lot of vetting.

    Some time ago we had an old house pre demo cheap on gumtree, pets allowed. This was at a time when there was high demand for rentals and the phone did not stop for days. Slightly different story in WA at the mo :( (insert sound of crickets here).

    Either way be confident in trusting your gut instinct.
     
  17. sandyfeet

    sandyfeet Well-Known Member

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    Last vacancy I had, I advertised in local paper for 4 weeks and no bites, then gave to local agent for 1 weeks rent + costs and had a great tenant in a week. Further advantage was the agent was very experienced and scrapped applications she knew would cause problems, saving time. She also told me I had several fantastic applications who offered more rent but all 3 decided against my property on inspection as there were no ceiling fans, so I'll probably put in fans next vacancy... Agent uses realestate.com.au
     
  18. legallyblonde

    legallyblonde Well-Known Member

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    As a newbie with 1IP I put my place on gumtree and had quite a few hits... Quality of tenants were hit and miss.. HEAPS contacted asking if pets were allowed.

    I ended up with a lovely young couple who are super easy to deal with.

    If I was looking to rent, I probably would not look anywhere other than re.com.au but that is just me.

    Whilst I can find decent tenants on gumtree I am happy.
     
  19. rhinsor

    rhinsor Well-Known Member

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  20. Johnny Cashflow

    Johnny Cashflow Well-Known Member

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    I have used gumtree about 5 times so far so good.

    I make the applicants give me some references.

    Last house I got a few unemployed chaps and one was a couple who both worked with a family who couldn't find a 4 bed home and was going to have to start living in a motel and put all her stuff in storage if in a couple weeks.

    I asked why she had left it so late to find a house and she said she had been looking for 3 months but everything was out of their budget

    She was actually crying when i showed her through the home. I wasn't sure if i was going to get ripped off but she gave me a local property agents name who personally vouched for her.

    They have been in there since April with no problems at all and still send me messages saying how grateful and happy they are.
     
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