Blog

Apr
28

THE MANAGEMENT RIGHTS PURCHASING PROCESS

Selecting a Management Rights business should not be a quick decision. It is important to research and discuss your circumstances with people who know and understand the industry.

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Apr
16

OFF THE PLAN OR EXISTING BUSINESS?

Most people like the relative certainty that comes from buying an established business. This goes for both the business and the building. On the other hand, purchasing Management Rights “off the plan” allows you to use your skills to develop the business from its very beginning.

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Mar
24

AFTER THE CONTRACT IS SIGNED… WHAT NEXT?

The contract you sign will contain two clauses which set out Body Corporate remuneration and the stated net profit of the business.

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Mar
12

WHERE DOES THE MONEY COME FROM IN THIS BUSINESS?

Each business will be different with many different variables including the size of the complex, number of units in the letting pool and the duties required by the Caretaking Agreement.

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Feb
11

THE ACCOUNTANT'S PERSPECTIVE

As practicing accountants and CA’s, with over twenty years experience, and heavily involved with this industry, we would like to help guide you through the purchase operation toward eventual sale of these businesses.

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Feb
06

WHAT ARE MANAGEMENT RIGHTS?

The Industry started in the 1970s on the Gold Coast in complexes where there were few or no resident owners. This resulted in the Body Corporate of the complex appointing someone to live on site to manage or caretake the complex... 

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Feb
06

HOW DO WE CHOOSE THE ‘RIGHT’ MANAGEMENT RIGHTS?

Management Rights offers excellent opportunities for people of all ages and situations. There are many types of Management Rights businesses and it is definitely not a case of “one size fits all”.

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Jan
13

INDUSTRY SERVICE PROVIDERS

In addition to the information provided here in the Management Rights Australia web site, you can visit other sites, attend seminars, speak with Managers who are currently operating or have previously owned Management Rights and also speak with Management Rights agents.

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Jul
03

MANAGEMENT RIGHTS AGREEMENTS

Usually, there are two Agreements between the Resident Manager and the Body Corporate.  They are: The Caretaking Agreement and The Letting Agreement.

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May
06

HOW DO YOU VALUE THESE BUSINESSES?

There are two components to your Management Rights purchase: Unit Value | Business Value

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