Benefits of a Property Manager
Working with a competent, experienced Property Management team can save you from the countless headaches and stress that often accompany managing your investment property. Finding, screening and managing your tenants, property inspections, organising repairs and maintenance are just some of countless the tasks a property manager can manage on your behalf. It is common for many investors to quickly dimiss the idea of utilising a Property Management team, but a good property manager can be the difference in drastically improve the return on your investment.
Whether you are overseas or based in Australia, you'll want to make the most out of your real estate investment. You may have plans to purchase an investment property, or already own a home or apartment to rent out to tenants. Either way, LJ Hooker Property Managers can help you maximise your returns - offering a mix of investment and property management to address every possible circumstance on your behalf.
1. Experience on your side
Our experienced property managers see hundreds of rental applications and are experienced at screening tenants, reference checking and reviewing rental history to ensure you receive high quality tenants. You of course have the final say as to who rents your property.
2. Avoid unpleasant confrontations
We are a buffer between you and the tenant - our property manager will help deal with problems such as late payments through to damaged property.
3. Tenants have someone to talk to right away
If an issue happens with the property, our property managers are more accessible to address problems at all hours of the day. Our negotiating power with tradespeople ensure you get the best price on all maintenance jobs.
4. Decrease tenant turn over
We know how to keep tenants happy and happy tenants are more likely to want to stay and renew their lease.
5. On time rent
Our property managers will work to ensure your tenants pay their rent on time. Consistent rent collection is the key to receiving rent payments on time and they will enforce lease policies if payments aren’t received.
6. Less stress
Someone else is managing your property and tenants so you don’t have to worry as they will do most of the work for you.
7. Strict legislative requirements
Private owners are bound by the same legislative requirements as property managers in their dealings with tenants. This means that if you are taking the task on yourself, you will need to stay up to date with constantly-changing legal requirements. So choosing a LJ Hooker City Residential property manager to manage your investment property is a wise decision that may save you time and money over the long term.
8. Comprehensive Insurance
You'll also find that landlords who enlist the help of a property manager may be eligible for more comprehensive insurance cover and other advantages.
9. Reduce your Risk
By engaging a LJ Hooker City Residential property manager you reduce the chance of having a vacant property therefore lowering your risk of lost income.
Contact our highly experienced, friendly team for a no-obligation discussion on your investment property and what we can do for you. Visit our Property Management services page here.