More thorough rental checks – many tenants with an unfavourable rental history, prefer to rent privately, as not as many history checks are made.
Fewer problem tenants – experienced property managers see hundreds of rental applications and are experienced at screening tenants, reference checking and reviewing rental history to ensure you receive high quality tenants. You of course have the final say as to rents your property.
Avoid unpleasant confrontations – They are a buffer between you and the tenant – a property manager will help deal with problems such as late payments through to damaged property.
Tenants have someone to talk to right away – if an issue happens with the property, property managers are more accessible to address problems all hours of the day. Our negotiating power with tradespeople ensure you get the best price on all maintenance jobs.
Decrease tenant turn over – good property managers know how to keep their tenants happy and happy tenants are more likely to want to stay and renew their lease.
On time rent – good property managers will work to ensure your tenants pay their rent on time. Consistent rent collection is the key to receiving rent payments on time and they will enforce lease policies if payments aren’t received.
Less stress – someone else is managing your property and tenants so you don’t have to worry as they will do most of the work for you.
Strict legislative requirements – Private owners are bound by the same legislative requirements as property managers in their dealings with tenants. This means that if you are taking the task on yourself, you will need to stay up to date with constantly-changing legal requirements. So choosing a property manager to manage your investment property can be a wise decision that may save you time and money over the long term.
Comprehensive Insurance – You’ll also find that landlords who enlist the help of a property manager may be eligible for more comprehensive insurance cover and other advantages. Sell my house in Greenville
Qantas Frequent Flyer Points – When you appoint one of our agents as your property manager you will receive 10,000 Qantas Frequent Flyer points to spend on a holiday of your choice
Reduce your Risk – By engaging a property manager you reduce the chance of having a vacant property therefore lowering your risk of lost income.
Property managers are “people in the know” they know the legislation inside out – meaning they know what tenants can and can’t do. They are also well connected with local trades people and can get you quality jobs done for a reasonable price. If you live locally to your property manager, they might even be able to connect you when you wish to conduct work on your home.
Owning an investment property can be a daunting experience with so many duties and responsibilities that come along with it. Luckily, you don’t need to go through this journey alone. Hiring an experienced property manager can take ownership over some of these tedious (and sometimes painful) tasks that can overwhelm even the most seasoned property investor.