The Residential Tenancies Amendment Bill 2018 was passed last September and included more than 130 reforms that aim to increase protections for renters.
Victorian property investors need to be aware of these changes which include:
– Minimum standards for locks, heating and insulation;
– Tenants’ rights to undertake minor modifications (eg hang pictures);
– Protecting tenants’ privacy;
– Tenant’s rights in relation to pets;
– Protections in cases of domestic violence;
– Limits on rent increases;
– Caps on bonds
If you currently own a property or plan to own an investment property you need to understand these new changes.
This month I have asked property lawyer Lewis O’Brien to explain what these new rules mean for property investors, including placing this in the context of some recent VCAT decisions and other potential changes that are sought by tenant’s advocates.
Lewis O’Brien is one of the most knowledgeable property law escorts in the State, holding both Commerce and Law Degrees from the University of Melbourne and an MBA from Melbourne Business School.
Lewis established his own thriving legal practice 18 years ago. Lewis O’Brien & Associates focuses on catering for the needs of property investors ranging from beginners to the sophisticated, offering services from basic conveyancing to supporting joint ventures, property options, vendor terms contracts, property developments, second mortgages and many other creative investment strategies.
Lewis is recognised as a leading authority on creative property investment techniques and has acted for and is recommended by many of Victoria’s most successful property investors. His unique blend of skills and experience can add value to every property investor.
Date: Tuesday 19th February 2019
Venue: The Veneto Club, 191 Bulleen Rd, Bulleen
Time: 6:30pm registration for a 7:00pm start
Cost: $20 per head entry charge or $30 per couple.
‘Focused’ Networking ….
After the session we will huddle and do some ‘focused’ networking.
This approach makes networking fun and also helps you zero in and identify potential investing partners.
Come and network with over 30 property investors who are actively investing right now!.
You will need to come along to experience it!
There is plenty of parking and remember, you are always welcome to bring along family and friends who are interested in property investing – it is all about networking with like-minded people!
A Few Important Notes
- Bring Your Pads, Pens, iPad or whatever it takes but don’t forget to take notes.When you come to the Property Meeting, please bring something to take notes – you don’t want to miss a thing and we’ll be sharing very valuable information on the night!
- Bulleen 2019 Property Meeting Calendar
19 Mar, 16 Apr, 21 May, 18 Jun, 16 Jul, 20 Aug, 17 Sep, 15 Oct, 19 Nov, 10 Dec
I look forward to seeing you there!