Australians earned more than $33.5 billion in rental income on investment properties and claimed more than $41.5 billion in tax deductions against those properties in the 2011-12 tax year, according to the latest Australian Taxation Office figures. The total of $8 billion in net losses claimed in the 2011-12 financial year was a slight increase.

A leading figure in the real estate industry has been able to answer the age-old question of which structure works best for a property management department. Over several years, Chris Rolls from Rental Express – one of the country’s largest rental businesses – experimented with portfolio-based, task-based and a hybrid ‘pod’ team structure. “We’ve tried.

Having worked in both large offices and smaller boutique ones for over 20 years, in my opinion, it’s the smaller offices that offer a better level of service and more personal care to their landlords. There’s usually between one and three people handling the day-to-day running of property management and they tend to be across.

MPM Property is very proud to announce the winner of the REIQ Rookie of the Year is our very own Jessica King. Held at the Brisbane City Hall on Friday 7th of February, the annual REIQ Awards for Excellence was a spectacular evening for all. Having been with MPM Property since April 2012, Jessica has.

By Jonathan Chancellor Wednesday, 15 January 2014 BIS Shrapnel’s Angie Zigomanis recently put the current absence of first home buyers in capital city property markets squarely at the feet of state governments. But he could have also pointed the finger at the Federal Government, past and present. The BIS Shrapnel economist noted the first home.