We don’t. Why? Because it just doesn’t make good business sense.
Our view – Properties that are in good condition and well maintained are better placed to attract quality long term tenants.
Result: Lower fees and stress free for you and us.
Overworked and stressed property managers, which usually means higher staff turnover. So you’re constantly talking with some one new, who doesn’t know you or your property
Questionable/quick tenant selection processes, which could result in tenants who don’t look after your investment or worse cause significant damage
Abandonment of property
Poor communication with tenants and landlords
Higher level of properties in rent arrears
Poor quality entry condition reports
Irregular routine inspections
Repairs and maintenance issues left unattended which could result in higher costs to rectify
Stress and worry
Rent arrears – no money to pay the mortgage
Potential impact on current value and capital appreciation
Low vacancy rates
Day to day involvement by Owner/Principal
We don’t spend any money on repairs and mainatenance (no matter the cost) unless we have your authority to do so.
Low to nil rent arrears
In the last three years one appearance at QCAT (tenant initiated) and we won
Thorough tenant selection processes
Comprehensive entry condition reports
First inspection at 6 weeks, then every 3 months
Prompt communication with landlords and tenants
Troubleshooting maintenance issues to avoid unnecessary costs
Long term tenants in many of our properties
And so much more
7.5% plus gst
Letting fee (find a new tenant) one week’s rent plus gst
That’s it. Unlike most of our competitors there are no hidden costs. We DO NOT charge any extra fees for lease renewals, title searches, TICA checks, routine inspections, postage and petties, administration fees. So no nasty surprises when we transfer your funds to you each fortnight
If you would like to know more about how we will manage your investment, then give us a call.