When you sell you rent roll should GST be excluded?
No.
When valuing a rent roll what are the primary factors used?
Average rent, average management fee, number of properties, past sales and location of portfolios.
Can management be transferred from one agency to another without an assignment clauses in their agreements?
Technically, no.
What is the average restraint of trade when selling a rent roll?
3 years.
Is it better to grow through acquisition or organic growth?
Both are good ways of growing, it depends on many varying factors as to what the better option is at a given time.
What is the best thing to do with my staff when I sell my rent roll?
Transitioning staff over with a rent roll reduces attrition during retention. Where possible, transitioning staff over is ideal.
Are assets included when you sell a rent roll?
It is different each time, but the majority of the time the basic assets such as key cabinets, filing cabinets, printers etc are included at book value. Vehicles are generally on sold majority of the time at market value and generally at book value when the acquisition is of scale.
When you sell your rent roll is capital gains charged?
No.
Are the pending letting fee legislation changes affecting rent roll sales?
Not at this time, no.
What is the average retention period when selling a rent roll?
3-4 months.
Are financials taken into account when selling a rent roll?
Not as a primary in determining value, but certainly when gaining finance or when a buyer is completing due diligence.
Is it better to grow through acquisition or organic growth?
Both are good ways of growing, it depends on many varying factors as to what the better option is at a given time.
When is the best time to buy?
All year round, however settling on the 1st business day of a given month is ideal.
