A good property manager can help you maximise the best return for your investment in the long term. Below are some factors to assist you in selecting a good property manager:-
1. Selection Criteria
- What is important to the landlord in the management of your property and what do you expect from your property manager
- Ask for references and check their online reviews
- How do they handle disputes?
- What systems do they utilise?
- What supportive structures do they have in place?
- Do they have a credible size of rental portfolio
2. Exceptional Property Managers
- has a good understanding and knowledge in the business of investing
- understand the effect of interest rate rises and/or cuts, and how serviceability for a new loan is assessed
- routinely review and assess property inspection reports which should include clear and current photos, commentary on your property (not just a cut and paste from the previous report)
The above checklist forms a part of what a good property manager would complete in their day-to-day tasks.
We’ve come to know many property managers in our day-to-day who exceed expectations and have gone the extra mile for their clients. Talk to Paul if you are looking for a good property manager.
Tags: investment property, property management, property managers
