► Rates and Insurance
● Fresh tap water
● Solid and liquid waste removal
● Parks, reserves, sports & playgrounds
● Libraries, swimming pools, museums, etc.
● Roads & footpaths
● Protections from major damage costs.
► Repairs and Maintenance
Materials and wages to keep properties safe and compliant.
► Administration
Wages and items needed for:-
● Meetings
● Inspections
● Correspondence
● Record keeping
● Transport proportioned for car, trailer, fuel etc.
● Office (proportioned) rent, phones, power, stationary,
computers, printers, scanners, furniture etc.
● Finding new tenants (advertising, interviewing, checking)
● Managers (replaces most costs from above)
● Unpaid rents vacancies and unpaid arrears
● Professional fees (accountants, lawyers, estate agents)