How hiring a property manager makes more than cents
A great property management service will assist with maximising the increase in your rental property’s value
With over 15 years’ experience as investors, Point Property understands what landlords want—no stress, best market rents, great tenants, no rent arrears, low vacancies, as well as an asset that grows in value.
Landlords can be pretty confident their asset will increase in value with property prices recently hitting record highs. But did you know that a great property management service will also assist with maximising the increase in your rental property’s value? Here’s how…
Presentation
A well-presented property is more attractive to tenants, and more likely to achieve a higher rental than one which has much deferred maintenance. Simple details such as tidy gardens, a freshly painted front door, and safety features such as fencing, alarms and smoke detectors will add value to your property. Point Property’s property managers can provide feedback on improvements to making your rental property more appealing. The better the presentation, the greater the demand, the higher the rent and lower the vacancies, resulting in a higher yield. Plus, any improvements will also add to the capital value.
Maintenance
Point Property believes that property inspections are one of the most important aspects of our job. Our detailed digital inspections include photos which are invaluable for recording the condition of the property at the beginning of a tenancy should any disputes later arise. We also recommend regular inspections during the tenancy to ensure cleanliness and presentation obligations are met. Most importantly, these regular inspections help to identify any planned or unexpected maintenance issues at the property, which can then be remedied before they become urgent, costly repairs. Proactive maintenance rather than reactive ensures that your property is well presented, achieving higher rents and long term tenancies, which will increase your cash flow and add capital value.
Regular Rent Reviews
Ensuring your properties are receiving the best market rent possible will help you maximize the performance of your property or portfolio. Maximising the performance of your property or portfolio will in turn ensure your property grows in value (which helps gain access to additional lending), enable the cash flow to complete the required maintenance and improvements, which in turn helps attract and encourage stable long term tenancies.
Dedicated property manager
Our service for landlords focuses on communication and customer care. When you entrust the care of your property to us, we appoint a dedicated property manager to look after you, your property and your tenants on a daily basis. Your property manager will ensure your property is well maintained and cared for, be on-call to respond to any emergency situations, provide tenancy advice and keep you fully informed along the way. Point Property’s property managers are also supported by a team of administration staff, and with excellent systems in place rent arrears are minimised and disbursement of rent payments, rates, water, body corporate fees etc are taken care of in a timely manner. Plus, you’ll be all set for the end of the financial year with detailed monthly statements which you can also view online. And don’t forget, property management services are tax deductible! A dedicated property manager ensures your rental property is getting the attention it deserves and is kept in optimal condition, which means more money in your pocket!
A well-presented and maintained rental property with a dedicated property manager is essential to ensuring that your prized asset goes up in value.
Point Property is proud to offer a comprehensive, yet flexible residential management service to property investors and landlords who require an experienced specialist with proven results! Whether you own one property or hundreds, our commitment to excellence and innovation translates to a proactive service with a focus on communication and customer service. We would love to assist you to improve the performance of your property or portfolio.