There is a debate for quite a while regarding whether there’s a need for a property manager to take care of one’s investment property in order to diy. There are many arguments for and against and we will explore this further below.

The role of a property manager

A property manager could be regarded as a buffer between tenants and landlords. Property managers are hired by Landlords to deal with their investment property and make certain that this rent has paid and care will be taken. These managers are hired by landlords to control an advert or residential parcel with regard to some foibles. Tattersalls Real Estate has their Dedicated Asset Management Division that surpasses the reach of your local corner property to guarantee the investment property is constantly performing for the kids. A few things that that Tattersalls Real Estate do for his or her landlords are:

Advertise properties through the 2 major property platforms. Realestate.com.au and Domain.com.au

Extensive tenant screening, criminal background checks, National Tenancy Database checks, Chronological audit of the tenants past rentals and employment.

Manage financial accounts and provide statements

Pay outgoing on behalf from the Landlord

Receive and disburse rent in the audited trust accounts

Complete Quarterly property inspections with photos

Complete random curb side inspections to ensure there isn’t any extra people staying at the house

Source and organise tradespeople for performing repair and maintenance jobs

Ensure all works and notices have been in accordance with NSW legislation.

Property Management

Property Management

The Landlord

Occasionally, tenants contain the ‘Tall Poppy Syndrome’ when it comes to how they see their Landlords and home manager is the perfect buffer to cut back this and help to state ‘No’ when needed, or ensure all notice has become followed when serving breach notices for failure to cover rent as well as to ensure care for the home. Managing 1 or 2 properties can be time intensive and expensive and sometimes result in an unproductive method of managing assets. Having to visit helpful resources , routine inspections or visit the house whenever you will find there’s repair issue. That’s what the home manager does for his or her Landlords, is take all of the stress out with the process.

The real difference

The real difference is, Tattersalls Real Estate’s Dedicated Asset Management Division can discover better tenants even as have accessibility to both the major real estate domains which can be expensive for someone managing just a couple properties. Often Landlords are only able to advertise their unique properties on Gumtree etc, which unfortunately receives tenants who’re more prone to don’t have any or poor rental history. When hiring Tattersalls, you’ve got a team of specialist, Accounts, Marketing, Repairs and Property Managers by using many years of experience as well as street smart and knowledge of legislation.

Our audited trust accounts ensure every cent is accounted for and offer reports to you when needed, at no cost.

All for that competitive fee of just 4.4%, Tattersalls can manage your property and do what we do best whilst helping you to continue to hang around and on which you need to do best