Head Office:
Suite 9, 45 Bundall Road
PO Box 760
Surfers Paradise QLD 4217
Ph 07 5526 2268 Fax 07 3011 1074
sales@kapitolbrokers.com.au
We all have our own reasons why we find Management Rights an attractive investment, but primarily it is because the lifestyle it offers.
Management Rights have become favourable with investors for many reasons aswell such as:
1. You have the opportunity to control your own business from home.
2. The business requires very little working capital because of the body corporate salary that is paid monthly.
3. The business doesn't carry any stock, no shelf life issues.
4. The business doesn't carry any bad debts as all monies are paid at months end.
5. The business is secured by a term agreement with the body corporate.
Management Rights are an easy concept to understand and a simple business to operate. This is what makes it appealing to a large cross section of investors and business buyers.
The Managment Rights business consists of 2 components, these being:
1. The Caretaking Agreement,
this is your agreement with the Body Corporate for which you receive a
payed salary for your caretaking duties around the complex, and Caretaking Agreement
2. The Letting Agreement, this is your business of letting the units within the complex.
Letting Agreement
Management Rights are unique with this combination of a secure salary and the opportunity for expanding and growing the letting business.
When considering a new venture
into what may appear to be unfamiliar teritory, it is only natural to
have many questions you need answers for. We here at Kapitol Brokers
have collectively prepared a complete starter pack for anyone entering
this industry.
Our goal is for you to have
a comprehensive understanding of Management Rights and for you to be a
successfull and proud owner of a fabulous complex.
1. What are Management Rights?
The definition of Management Rights and the history of the industry.
2. Who buys Management Rights?
Management buyers come from all walks of life, read more.
Why buy Management Rights instead of another business, find out the facts.
4. How do Management Rights work?
Understand the mechanics of Management Rights.
Learn about your role with the Body Corporate and the Commitee, your duties and your salary.
The Letting Agreement contains neccesary information on how you structure your management rights.
Holiday Letting or Permanant Letting? or should you have a combination, what is right for you?
Understand the restrictions and your role with Permanant let complexes.
Holiday Letting provides greater income streams, read more and understand how.
10. Purchasing Management Rights
Deal with the specialists, this will save you time and money.
11. How much will the Banks lend?
You will be surprised how much you can leverage on a Management Rights Business.
12. Management Rights Valuations
If you need finance, then you will require a valuation. Know what they look for before you buy.
Understand how the Price to Earnings Ratio is applied and how this affects the sale price.
Learn about the purchase process, no one likes surprises.
15. The Restricted Letting Agent Licence
Onsite Managers require a Restricted Letting Agents Licence to operate Management Rights. Find out how simple it is for you to get one.