A strong and positive relationship between a property manager and landlord is vital when planning an investment in real estate. A good property manager will do more than simply advertise your home for rent, and they know their job is not done by signing up a new tenant. Your property manager isn’t just there to fill your house with people and then take out a commission from your rent payment each month. A good property manager will actually work to maintain and increase your overall capital.
You will need a property manager who conducts regular routine inspections. There are several reasons for this. Although some tenants may view inspections as intrusive, they’re actually in part to benefit the tenants, as this gives us a really good opportunity to see if there are any maintenance issues requiring attention to keep the home safe and comfortable for the tenants. It’s also our chance to make sure the property is being maintained to a high standard for the landlord, and quickly rectify any problems. Without these regular inspections small maintenance issues may be neglected, resulting in the need for costly repairs – and we know you don’t want to be spending big bucks on your investment property if I could be easily avoided.
A good property manager will have their finger on the pulse of the Bacchus Marsh rental market, and will be able to provide you with a lot of advice. They will know what you should be charging in rent in the current market, and will conduct annual rent reviews to ensure they’ve negotiated the best return possible for your Bacchus Marsh home. They will also be aware of what tenants are looking for, and will advise you of any improvements that could be made to increase your return, or help your home appeal to more tenants if it becomes vacant.
To provide you with your best options for moving forward with your investment, a property manager whom exceeds all criteria for expert advice and optimal service is needed. At Professionals, client satisfaction is extremely important to us. We will provide detailed information and steps forward to put you in the best position to reap the benefits of the growing capital from your property.
For more information, please contact our friendly Property Management team at Professionals Arbee Real Estate.