The who, what, when and why’s of Property Management. Who can be a Property Manager? Although, there are no specific qualifications required to become a property manager there are some useful ones. These include a certificate in real estate, certificate in residential property management or a bachelors in property. Skills are more important in a
We are now in our new office space at 61 Leet Street. Yes, that’s the same address as before but we are now on the bottom floor at the right end of the building. With the new sign writing you won’t be able to miss us. If you’re ever in the area or have any
Investing in property is a great way to generate a return and has two types of potential returns. The first being from rent paid by tenants and the second is the property increasing in value, called capital gain. Rentals can provide regular income while maximizing capital through leverage. Rent should rise over time whilst debt
Inspections are a very important part of our job and when owning an investment property. For owners, these are usually required for insurance purposes, at least every three months. Above is a snippet of what our routine and full inspection reports can look like. There are a number of features for each room in the
There are a number of ways you can maximize profit from your investment property. Sometimes this involves spending money to make money. Below are some suggestions that we believe will add value to your property and in turn achieve higher rent. Don’t initially set rent too low- rent can always be lowered but it can’t
Most property managers take passion in your investment property, no matter how big or small. Property management has many benefits that can help owners make the most out of their rental properties and with the right property management team you can optimize return while just sitting back and reaping the benefits. See below a few
What is your management fee? Our fees range between 7% and 10% depending on the property or your portfolio. Are there any initial costs for full management of my property? If the property is untenanted, we charge for an admin fee or securing a tenant. This is one weeks rent + GST. If the property
There is more to property management than what meets the eye. Below is a list of common terms related to property management that everyone in the industry should know. Arrears- outstanding debt owed by tenants, can be in the form of rent or invoices. Bonds– a security deposit held at the beginning of a tenancy