Property Manager Baldivis
Over the past decade or so, there has been an emerging trend in the Australian real estate market where investors are choosing to manage their investment properties.
It is estimated that there are close to 2 million property investors in Australia and 1 out of every three of them will opt to oversee the maintenance of their property themselves. With self-management, they are able to have better control over their property and they also establish closer relationships with their tenants.
Unfortunately, overlooking the possibility of hiring a property management company can prove detrimental, especially in the long-term.
1. Faster Rent Collection Every Month
In every establishment, you’ll find that there’s always that one tenant or two who always lag behind on rent payments. Going about rent collection every 30 days can be a challenge especially if you have other businesses or managing different properties at once. By hiring a professional property manager, you’ll get someone committed to ensuring you get your rent collection on time.
2. Avoid Legal Ramifications
Managing tenants can be a tedious task especially when they are unable to pay, thus compelling you to evict them. However, there are a lot of legal stipulations that dictate how Australian landlords should go about evicting tenants. One wrong decision could leave you with a hefty lawsuit.
A professional property manager should be well versed with the law in regards to such situations and can help you avoid the harsh side of the law.
3. Lessen Your Workload
It’s only natural that some landlords will want to self-manage their property. Perhaps they’re emotionally attached since it is a reflection of their hard work. Or maybe they’re still swinging on the fence in regards to having someone do their management for them.
Regardless, managing a property is hard work. There’s the aspect of finding new tenants, dealing with repairs, as well as keeping tabs on tenants who haven’t paid their rent.
With a professional property manager, you’ll get to say goodbye to such struggles as they’ll handle everything in your stead so you can focus on expanding your empire.
Speak to Advantas Property Group Today for Baldivis Property Management
Make the most value out of your rental property and enjoy life more! We have a team in Baldivis dedicated to property management services. For more information and advice on how to manage your assets, speak to Advantas Property today.