Property-Manager-Vs-DIY-Property-Management-r

There is a debate for a long time regarding whether there is a need for a home manager to look after one's investment property as well as to diy. There are many arguments for and against and we will explore this further below.

The role of a property manager

A property manager may be thought of as a buffer between tenants and landlords. Property managers are hired by Landlords to deal with their investment property and be sure how the rent has been paid and care has been taken. These managers are hired by landlords to deal with an advert or residential parcel regarding some foibles. Tattersalls Real Estate has their Dedicated Asset Management Division that goes beyond the reach of the local corner real estate property to guarantee the investment property is constantly performing on their behalf. A few things that that Tattersalls Real Estate do for his or her landlords are:

Advertise properties from the 2 major property platforms. Realestate.com.au and Domain.com.au

Extensive tenant screening, criminal background checks, National Tenancy Database checks, Chronological audit from the tenants past rentals and employment.

Manage financial accounts and provide statements

Pay outgoing on behalf with the Landlord

Receive and disburse rent from your audited trust accounts

Complete Quarterly property inspections with photos

Complete random curb side inspections to make certain there won't be any extra people staying at the property

Source and organise tradespeople for performing repair and maintenance jobs

Ensure all works and notices have been in accordance with NSW legislation.

Property Management

Property Management

The Landlord

Occasionally, tenants contain the 'Tall Poppy Syndrome' in regards to where did they see their Landlords and a property manager is the ideal buffer to reduce this and help to convey 'No' as required, as well as to ensure all notice may be honored when serving breach notices for failure to pay rent or ensure care for the exact property. Managing a few properties could be time consuming and expensive and often cause an unproductive way of managing assets. Having to travel to open inspections, routine inspections or visit the exact property every time there exists a repair issue. That's what the house manager does for Landlords, is take each of the stress out from the process.

The real difference

The real difference is, Tattersalls Real Estate's Dedicated Asset Management Division can discover better tenants once we have access to both major property domains that are harmful for someone managing just a couple properties. Often Holiday accommodation in Blue Mountains is only able to advertise their unique properties on Gumtree and so on, which unfortunately receives tenants that are prone to have zero or poor rental history. When hiring Tattersalls, there is a team of specialist, Accounts, Marketing, Repairs and Property Managers all with numerous years of experience together with street smart and knowledge of legislation.

Our audited trust accounts ensure every cent is landed and offer reports to you personally if needed, totally free.

All for your competitive fee of just 4.4%, Tattersalls can manage your premises and do what we do best whilst helping you to carry on and spend time and energy on what you are doing best