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.
Advantas Property Group is a leading residential property management company in Western Australia. If you are looking for a trusted partner to help you market, lease, and manage your rental property, our professional team of property specialists can help you maximise your wealth creation strategy. Whether you already have a property portfolio or just starting out, let us make your property work for you by connecting you to the right people you can trust. We strive to add value through our honest commitment to effective management services that will make your life easier, reduce costs, and help improve the lifestyle of those who choose to live in the properties we manage.
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.
Apart from the above, a Property Manager can also help you with the following:
Market the property and look for suitable tenants
Take care of any advertising
Organise and manage open house days
Do thorough background checks on prospective tenants
Take care of general administrative tasks and maintain records
Prepare required documents and see to the signing of the lease agreement
Carry out inspections and present you with written entry and exit reports
Offer advice on proper property management
Manage and collect rental payments on your behalf
Provide you with regular updates
In the event of a dispute, represent you at the tribunal
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.
Why Choose Us?
Advantas Property Group strives to offer you the best property management service to ensure that your investment property is well run, alleviating the pressure of personally dealing with tenants. We believe that the only way to provide true value is to offer a professional, hands-on approach by building a trusting relationship with tenants and visiting the property regularly as opposed to administering from behind a desk. With our dynamic approach, we strive to reduce costs and relieve you from the pressure of managing your own property.
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. Contact us today and one of our highly experienced specialists will be happy to discuss your property management requirement with you. We want you to be confident that we are capable of ensuring that your investment property will be well managed and run at all times without getting you involved unduly.
Frequently asked questions
If I hire a property manager will I lose control over my investment property?
When you hire a property manager you can decide how much or how little contact and information you would like to have regarding the running of your rental property. You are still in control of setting any personal limits not defined by law such as the duration of the lease, whether pets are allowed, and the monthly rental. The property manager will advise you of any issues such as maintenance and repairs that may be needed.
Who will be in charge of the maintenance of my property?
Depending on the lease agreement, the tenant is usually responsible for maintaining the garden and lawns. General home maintenance like leaky taps is the owners responsibility. If required, the property manager can arrange to employ a maintenance firm to take care of general maintenance on your behalf. If any urgent maintenance issues arise, the tenant will contact the property manager in writing who will advise you. You can stipulate specific tradespeople in the lease agreement to contact should any repairs or maintenance issues arise. Urgent maintenance includes things like a gas leak, an electrical fault, a burst water pipe, flooding, a breakdown in water, gas, or electricity supply, and any other issues that could inconvenience or put the tenants at risk.
How often should you visit your property?
A proactive landlord should aim to visit the rental property at least once a year to check that it is being managed properly. According to regulations in Australia, routine property inspections can be performed at least four times a year. A reliable property manager will inspect the property every 3 months to ensure that it is being taken care of properly.
What happens when the tenant is late in paying rent?
A good property manager will have a reliable system to monitor rental payments and notify the tenant when the rent has not been paid on the due date. According to Western Australian state laws, there are 2 different approaches that can be taken to remedy this matter. The most common would be to issue a Form 21, Breach for non payment of rent which is sent if the tenant is behind in rent. If the rent is not paid within 14 days of the notice being served then the property manager will issue a Form 1B, Termination notice, giving the tenant a further 7 days to vacate the premises.