We all know that making a good investment means doing your homework properly but also that, once you choose properly, only minimal maintenance is required. Being a property owner should be no different – you generally don’t usually manage your own investment fund portfolio – you pay a fund manager to do so for you. In return, you get to sit back and enjoy the benefits of leaving your money in the hands of someone who has the knowledge and experience to maximise your returns for you. Why should property investment be any different?
And let’s face it, if you decide to forego the property managers in the interest of saving a few bucks, you are going to have to do a fair amount of work. And considering that you personally cannot bring the kind of resources that a rental property management company can bring to the table, this could cost in terms of time, effort and money. It’s a case of being pennywise and pound-foolish.
Position One Property gets involved from day one to ensure that you are taken care of properly. They are committed to providing their property owners with the very best service – their aim is to make property ownership as simple and low-maintenance as investing your money with the bank.
They start out by pre-screening potential tenants to weed out undesirables and have a zero tolerance policy when it comes to late rentals. They can draw on a good pool of prospective tenants and not only perform credit checks, they check for previous complaints against prospective tenants ensuring that your tenants are financially responsible but also that they will look after your property.
Position One Property https://www.positionone.com.au/ will complete all the requisite documents and do all the necessary property inspections before your new tenants move in. They will take care of any admin concerning rentals and will also take care of any basic day to day maintenance of the property. Regular inspections are carried out and photographic evidence collected to ensure that your property is being cared for properly.
Should the tenants move out, an exit condition report will duly be completed and you will receive a full update. With your permission they will also handle all the monetary details such as returning the bond, etc. They also do the final walk-through to check for damage, etc. It’s important to get this done by an expert – it can be easy for tenants to disguise damages, especially if they are easy to disguise cosmetically. Experts know the tricks and know what to look for.
The ideal investment should work for you – not make you work for it. Having a professional managing your property for you simply makes sense.