Do I need a property manager?

August 1, 2022

Are you one of the 75% of Australian investors using a Property Manager or the 25% that does not? With the requirements on landlords constantly shifting it is vital that you are up to date on your requirements as a landlord.

A lot of people may think that the role of a Property Manager is to simply advertise and collect rent on your behalf, but there’s more to managing property than that.

Stress free property maintenance

Blocked toilets, hot water systems failing or your cooktop failing to work are some issues that commonly can occur at any time. Having a Property Manager means you don’t have to deal personally with the matter and their network of trades and suppliers means the issue can be fixed without you having to source quotes and liaise with the tenant. Not only does this mean the issue can be resolved quickly but it means you also don’t have to stress out about it. Having the key relationships to resolve any issues in a timely matter is definitely an advantage.

The buffer between tenants and landlords

Having tricky conversations is something a Property Manager is well practiced at. If your tenant is late on rent, you won’t have to speak to them, your Property Manager will be able to manage the situation to ensure the adequate steps are taken in accordance to the Residential Tenancies Act.

Understanding the rights of the tenant and the landlords

A professional Property Manager understands the rights of both the tenant and landlord. It can be quite difficult navigating the Residential Tenancies Act and knowing the ins and outs of regulations. When any issues arise, this is when having an in depth understanding of rules and regulations is imperative to save both time and money.

We have found that managing our clients properties with a proactive rather than reactive line of communication is always the best way forward to nurturing both tenant and landlord relationships and ensuring the best outcomes for both sides.

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