COMO on ClydesDale with Stamp Duty Rebates of up to $50,000
Stamp Duty Cut for Off-the-Plan Apartments in Bid to Boost WA's Ailing Property Market
Arranging SMSF Finance
NRAS Investment Opportunity
Perth Property: Most Affordable in More than Two Decades
Property predictions for 2021
QBE Housing Outlook of the Australian Property Market for 2018-2021
Investment Property Market Snapshot
Beat the interest rate hikes and switch to a low rate home loan
Economic lift for last-placed WA as indicators point to recovery
Boomtown’s bounce is back as economy out of the woods
National Housing Market Update | July 2018 source: CoreLogic
WA property market tipped to lead the way in growth after slump to worst performing
Perth Rental Landlord Stung With GST Twice By Real Estate Agents
West Mundijong to become new 'industrial hub'
Homebuyers warned of looming mortgage rate rise risk
WA landlords still facing huge damage bills from cannabis grow-houses
New TAX rules for property buyers
Margin Scheme Explained
Capital City Dwelling Values Record Their First Annual Decline Since November 2012 While Regional Dwelling Values Continue To Edge Higher
Perth remains the cheapest capital in Australia to rent a home despite first price rise for five years
Property Resales Continue To Show Profit Despite Slower Conditions
Does your Property Manager stack up?
Investor Lending … Finally Some Good News
Moroccan Chicken Tajine Recipe
Perth Property shows a modest and stable outlook in 2018
7 Tips to Help you Achieve your Financial Goals in 2018
My thoughts about Bitcoin and USI Tech.
December 2017 Housing Market Update - Positive News for Perth
Now’s the time to buy a house in WA: Billionaire Kerry Stokes stakes reputation on perfect property market conditions
Do You & Your Partner Have Life Insurance?
Interest Rate Game Changer
Be on high alert - Scammers target WA property industry
In need of financial solutions? Meet Nash Finance
Summer Nectarine Smoothie
Date and Tahini Fudge recipe
Implications for the housing market and housing affordability from the 2017 Federal Budget
Act now to fix your mortgage rate in the wake of the new 'Bank Tax'?
House Price Hope
Vegan Creamy Sweet Potato Curry
Federal Budget "Property Facts" You May Not Have Heard About
Banks Post Record Profits at Your Expense
CoreLogic Housing Market and Economic Update April - May 2017
Supercharge your day! Healthy Tea Smoothie w/ Kale and Mango
4 Parkside Properties in Perth, WA $164,000 Under The Asking & Valuation Price
Healthy Chocolate Treats
Where’s the Perth Property Market Heading in 2017?
Worried about Job Security & Finances?
What Does It Take To Be Elite At Something?
March 2017 Housing Market Update
Paul Magiatis – A Man Who Has Owned 79 Properties
Kalgoorlie Investment Properties
Financial New Year Resolutions to Keep For 2017
January 2017 Mapping the Market Report
Retirement Poll Results
CASH POSITIVE DUAL-KEY HOUSE & LAND PACKAGES
A Great Time For Potential Buyers In Perth
October 2016 Mapping the Market Report
The number of Aussie's who own 6 or more rental properties ...
Who are SECFI?

WA landlords still facing huge damage bills from cannabis grow-houses

 

WA landlords are still being duped into renting their properties to crime gangs who turn their investment homes into cannabis grow-houses, causing extensive damage to the property.

 

Consumer Protection and WA Police have renewed their warning to landlords to be extra vigilant with the incidents of cannabis grow-houses in rentals continuing to be a major concern for authorities.

 

The joint warning follows a case of a 32 year old Duncraig landlord whose Joondalup rental property was recently turned into a cannabis farm. The landlord, who advertised the property privately, leased it to a Vietnamese couple in their late-30’s in September last year for a two year period. The property was inspected in January this year but there were no signs of the cannabis farm at that stage, although some electrical problems were reported. The illegal cannabis growing operation was uncovered recently after a Police raid on the property.

 

Commissioner for Consumer Protection David Hillyard said the crime gangs are targeting private landlords who are less likely to carry out stringent checks on prospective tenants and less likely to be suspicious of a large upfront cash payment to cover rent.

 

“The driver’s licences being presented as identification are stolen or fake and references supplied by these applicants are usually other gang members posing as employers or previous landlords,” Mr Hillyard said.

 

“If landlords choose not to go through a real estate agent or property manager, they need to do thorough checks on applicants and carry out a property inspection soon after they move in and at regular intervals up to the maximum of four inspections a year that are allowed.

 

“Apart from the damage and clean-up bills, affected landlords also suffer the loss of rental income while the home is being repaired, so it can have a devastating financial impact.

 

“The cannabis farm operations at these rentals usually involve the electricity being by-passed from the meter and a new electrical system installed to power the hydroponics. Combined with a watering system, the danger to occupants as well as neighbours and the community is significant, posing a major fire and electrocution hazard.”

WA Police report that Organised Crime Squad detectives are actively investigating networks of South-East Asian (predominately Vietnamese) crime gangs using Perth rental properties to grow hydroponic cannabis.

 

The majority of these houses are rental properties advertised online on sites such as Gumtree.  The rentals are for cash payments and the offenders pay several months in advance which allows them time to set up the cannabis growing operation in the home.

WA Police advise landlords and members of the public to be cautious of:

  • Cash rentals that are paid several months in advance;
  • A large number of people frequently coming to the house for two to three hours at a time;
  • Humming or bright lights coming from the house at night;
  • Windows constantly covered; and
  • Evidence of tampering with power or meter boxes.
  •  

Anyone who believes a property is being used for illegal purposes or has any information regarding illegal activity, should call Crime Stoppers on 1800 333 000 or make a report online at www.crimestopperswa.com.au. Callers may remain anonymous.

 

Enquiries about what landlords can do under tenancy laws can be made to Consumer Protection by email consumer@dmirs.wa.gov.au or by calling 1300 30 40 54.

 

Source: https://goo.gl/wQ3TsX

SECFI

Level 11 Brookfield Place

125 St Georges Terrace

Perth WA 6000

 

Phone: 08 9288 4553

Fax: 08 9288 4400

Email: info@secfi.com.au

Subscribe to our Enews