Case Study · Strathpine

Cleared 38 days of arrears without losing the tenant.

Strathpine

38 days

Arrears at takeover

5 weeks

Time to clear arrears

+$35/wk

Renewal increase

At a Glance

Case proof.

Suburb
Strathpine
Landlord type
Investor with an arrears risk
Problem
The tenant was 38 days in arrears and the owner had no written pathway to resolve the debt.
Action
Toohey PM issued the correct notice, met the tenant, agreed a written catch-up plan and sent weekly owner trackers.
Result
Arrears cleared inside 5 weeks, the tenant stayed and the lease renewed with a $35 per week increase.
Primary metric
Arrears cleared inside 5 weeks

The situation

This four-bedroom Strathpine house came across with the tenant 38 days in arrears. The previous agent had not issued a Form 11 or Form 12, arrears communication had only been verbal, and the owner did not have a clear view of the full position.

That left both the owner and tenant without a written pathway to resolve the arrears.

What we did

We issued a compliant Form 11 the day after takeover and held a face-to-face meeting with the tenant within 72 hours.

From there, we agreed a written six-week catch-up plan, set up automatic weekly debit, and sent the owner a weekly arrears tracker so they could see exactly what had been paid and what remained outstanding.

The outcome

The arrears were cleared inside 5 weeks. The tenant was retained, the lease renewed for a further 12 months at a $35 per week increase, and no QCAT application was required.

Result: arrears resolved, tenancy stabilised, and the rent increased without creating a vacancy.

I'd been told for months it was 'being handled'. Chester showed me exactly where the rent was within a week and had a plan I could actually follow.

Daniel Forster

Could we do this for your property.

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