So many people put a lot of time and effort into the process of purchasing an investment property, particularly those who are new to the game. They do all the reading on choosing the best place and securing the best mortgage.
They research the areas where they are considering buying. Then, they weigh up all the pros and cons between each possible purchase before going ahead. And then, they invest all their hard earned savings and sign the dotted line for more debt.
Then for some, the astute investigation seems to stop here. When it comes to renting real estate that investors have purchased, some are left disheartened with the practice of investment properties.
They end up losing money instead of making it. Unfortunately, they feel that what went wrong is they chose the wrong place in the wrong location. The whole experience is put down to being a loss. But, that’s rarely the case. Often the issue is not the home or the suburb. Quite often the issue lies with the property managers they have enlisted to oversee the running of the rental. Simply, the wrong property managers have been chosen and have failed to deliver.
What a good investor does
Once the property is purchased, an investor should seek out the best possible property management. In fact, this should happen possibly even before the property purchase. Investors need to investigate the property management company’s longevity in the business. Furthermore, the should find out the kind of services they do and don’t offer.
A good investor knows that a large part of succeeding in property investment is choosing the right property manager. That’s where we come in.
What a good property manager does
First and foremost a good property manager guarantees and provides you with the best service possible. At Position One Property we provide a highly skilled team of professionals to support each and every client so that they get maximum rental returns and no stress.
Our entire team members at Position One Property keep up to date with changes in the industry and legislative knowledge. Your property manager will ensure that each and every applicant for your investment is screened for suitability and that your home is taken care of as if it were our own.
We conduct regular inspections of all our properties and provide owners with detailed reports regarding any upcoming repairs or issues. Keeping our finger on the pulse of the rental market means we can also advise when rents should be increased, which means more profit for you.
If you’d like to learn more about what sets us apart from the rest then give us a call or visit online today.