They don’t inspect the property regularly
In Australia, it’s
standard practice for property managers to conduct regular inspections of the
property.
Depending on which state
your property is located in, this can vary anywhere between once a year to four
times annually.
It should include a decent
inspection of both the inside and outside of the property, and a detailed
report should be provided afterward.
If your property manager
is failing to do this, then simply put, they’re failing to do their job
properly.
A good property manager
can make it seem like owning investment properties is a total breeze— and
you only realise quite how valuable they are when you experience the full
impact of working with a dud one.
Remember that at the end
of the day, you invest in property to make a profit and grow your
wealth.
If your property manager
isn’t doing their best to optimise your investment, then they’re ultimately
costing you money.
RealRenta has all the tools that a property manager has but for
less than ¼ the cost of a property manager.
Join now and the cost is less than a cup of coffee a week to manage your
rental property
RealRenta also has a free vision, so why not check it out
Jason Gwerder
Friday, 22 April 2022