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.

 

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