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Holiday Pool issues?

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  • Holiday Pool issues?

    Is any one concerned about how a property manager is handling their
    apartment at a holiday resort?

  • #2
    Im thinkingof things like is your apartment given its fair share of bookings in the
    holiday pool?Are you satisfied that the income is being handed correctly

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    • #3
      Originally posted by Bean Counter View Post
      Im thinkingof things like is your apartment given its fair share of bookings in the
      holiday pool?Are you satisfied that the income is being handed correctly
      I receive the same guaranteed amount per month, regardless of occupation. I am currently looking to purchase another one. I like them because the place is inspected and meticuously cleaned on a daily basis, damage is reported and repaired immediately, no hassles with tenants. (touch wood) Return is better than return on a similar sized apartment outside of the complex and I can use the apartment myself for x number of days per year for minimal cost, which doesn't affect the return.

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      • #4
        Thanks for your reply Aston.Its good that you have a fixed monthly amount.Is your unit in the longer term lease pool or short term holiday pool?I worked
        a lot in the industry in Queensland for 7 years and have a special interest in the industry.Please let me know if you would like my input in the future--no cost
        Im a semo retired accountant.You have to be very careful buying in as the laws around body corporate managers in this country are very outdated or non existent

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