Page 5 - Management Pack Jan 2016
P. 5
Advantages on Increasing Your
Investment Income By Selecting The
Right Property Manager
A Property Manager is a title given to someone who is focused on managing your asset not just
the property.
How do you choose the right Property Manager?
Property Management has become a serious business and it is no longer as easy as selecting
the Real Estate agency with the cheapest fees.
When selecting a Property Manager you need to choose someone who is educated and confident
in applying relevant legislation. Choose someone who will pay attention to the finer detail and who
will continually strive to maximise the return of your investment.
Points to consider:
Select an agent that is going to accurately appraise your rental property to reduce vacancy
periods, high tenancy turnovers and lost rental income
Select an agent that understands the importance of property presentation to attract a quality
tenant, which can reduce wear and tear and rent arrears
Select an agent that understands the importance of rent being paid on time
Select an agent that will review the weekly rent to ensure that you are maximising your
income
Select an agent that will make reporting maintenance to you a priority to avoid extensive
and expensive repairs being carried out in the future
Select an agent that is going to give you value added feedback on renovations and
improvements during inspections to optimise capital growth
Select an agent that knows the law and how to apply it. Failure to comply with
notice periods can result in a substantial loss of rental income
Select an agent that is going to keep you up to date on new investment properties listed for
sale – be the first to know
Select an agent that can guide you through the process of increasing your property portfolio
and net wealth
Select an agent that is focused on increasing your investment income.