The value of a good property manager can be measured in a number of ways, but ultimately, a good property manager will not only look out for the property, but the wellbeing of the investment as a whole, including you, the landlord.
Property management is a multi-disciplinary profession and, in any one day, your property manager may be wearing a number of hats. There are many different aspects but to simplify, managing a property comes down to two things: the property, and the people.
Maintaining a property can at times be stressful. An older property does not automatically mean more maintenance requirements; from time to time any property will require some form of maintenance and/or repair. Finding the right tradesperson for the job within a suitable time frame to ensure a quality finish and happy tenant is important. Your property manager has a catalogue of trusted tradespeople and professionals they can access, meaning your property is in good hands.
Finding the right tenant for your property is important. Depending on a variety of circumstances, the time it takes to lease a property may vary considerably. Different markets, tenant demand and status of the property may allow for a quick and smooth transition between tenants, or it may take a little longer to find the right tenant. There are a number of reference checks undertaken by your property manager to ensure the most suitable candidates are put forward as potential tenants.
Being a landlord is not as straightforward and simple as just owning an investment property. Understanding local laws and legislation is important to ensure the rights of both tenant and owner are met. Your property manager is adept in this knowledge, to ensure appropriate and cohesive communication between tenant and landlord. Here to provide clarification, your property manager is happy to answer any questions you may have.
Whether you have a single investment property, are looking to expand/diversify, or have multiple properties in your portfolio, your property manager can provide a wealth of market knowledge and information to ensure your current and future investments are at their healthiest. Local knowledge is an invaluable tool when it comes to local property markets.
Effectively managing your property to provide a valuable return on investment is important to us; maintaining a strong, long-term relationship with you as landlord is equally as important.
From maintenance requests to tenancy breaches, changes in rent value to tenant applications and everything in between, providing in-depth industry knowledge with a proactive approach to management will prove a value tool when it comes to your investment.