Top Five Advantages Of Using A Property Manager
Top Five Advantages Of Using A Property Manager
After purchasing your investment property, the next key decision you will need to make is whether you will employ a property manager to help you, or whether you’ll manage it yourself.
Here is a look at the top 5 key benefits a property manager can offer you.
1. Time-Saving
A Property Manager handles tasks such as advertising the property, screening tenants, collecting rent, handling maintenance requests, and communication with the tenant, freeing up your time for other things.
2. Tenant Screening
A Property Manager can screen potential tenants, reducing the risk of late payments, evictions or property damage.
3. Legal Expertise
A Property Manager can keep up with the ever-changing tenant-landlord laws, ensuring that your investment property is in compliance with all regulations.
4. Cost Effective
A Property Manager can negotiate favourable rates for maintenance and repairs, as well as reducing vacancy rates by keeping the property occupied. Plus in many cases, the agent’s service fee is tax-deductible.
5. Peace Of Mind
When you’ve found the right Property Manager, they can provide you with peace of mind knowing that your investment property is being professionally managed and taken care of.
Does the idea of having to manage your property yourself make you lose sleep at night? Get in touch with our experienced team of professionals today. Our priority is to take the stress out of managing your property while maximising your returns.