Selecting the Right Property Manager: Your Key to Investment Success
Reading Time: Less than a minute
Managing your property is no small task, and the right property manager can make all the difference. Here’s how to ensure you pick and utilise the best in the business:
1. Choosing the Right Property Manager
Your property manager is more than just a service provider - they’re a partner in your investment journey. Here's how to choose wisely:
Look Beyond Fees: Lower fees might seem tempting but can reflect the quality of service. Reputation and standards matter more.
Do Your Homework: Research vacancy rates, median days on market, and reviews using tools like Real Estate’s agent search.
Meet in Person: Chat with potential managers about tenant screening, fee structures, and lease renewals to gauge their expertise.
Use Online Reviews: Platforms like Rate My Agent can provide additional insights.
2. Maximising Your Property Manager’s Potential
The right manager can save you time, stress, and money. Here’s how to get the most out of them:
Routine Inspections: Ensure regular checks to catch issues early - think worn flexi-hoses, water damage, and overall upkeep.
Streamline Bill Management: Let your manager handle utility bills and forward any invoices (like insurance or council rates) to keep all expenses tidy for tax time.
3. When It’s Time to Switch
Not happy with your current property manager? It’s okay to move on. Here’s how:
Give Notice: Usually, 30 days is required to terminate your contract. Check for any exit fees.
Find a Better Fit: Use your research to choose a manager who aligns with your expectations.
With the right property manager on your team, you can maximise returns, minimise stress, and focus on growing your investment portfolio.
Let’s make managing your property simple and successful!
We’re Here to Help
Ready to Make Your Next Move?
If you're like many property investors, you may be wondering what the right decision is in the current market. Should you buy, sell, or hold off for now? Whatever your property goals, we’re here to guide you.
Let us help you secure your next investment-grade property with confidence. Book an obligation-free consultation today and take the first step toward smarter investing.
Other helpful articles for your property journey that a buyer’s agent can assist you
Is Perth’s Property Boom Running Out of Steam? 4 Charts You Can’t Afford to Ignore
Is Axing Negative Gearing the Fix for Australia’s Housing Crisis?
Most Common Mistakes Investors Make When Buying Property
Top 5 tips for selecting the right suburb to invest in
Guide to finding the right investment property
Buying an investment property through SMSF
Essential Tips for New Investors After Purchasing a Property
The information contained in this article is intended to be of a general nature only. It has been prepared without taking into account any individual objectives, financial situation or needs. Before acting on this information, Premier Buyers recommends that you consider whether it is appropriate for your circumstances and engage qualified professionals.