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Is there a difference between Property Managers?

 

 

 

 

 

 

 

 

 

 

 

A good Property Manager needs to have a passion for their job, they need to have compassion, be organised and work within an efficient business structure. They need to be experienced, knowledgeable about property, its  construction and property law.

If the Property Manager also has an Investment Property of their own they will better understand why it is vital to remit rents on time because they will know what it's like to be repaying a mortgage and how it hurts financially if they have a vacancy.

Janeen Kent our Property Manager at the Real Estate Gallery, knows what it's like. She owns real estate she understands the Taxation implications and knows that she must protect an investment property against deterioration (both physically and with it's annual financial return). That's why Janeen has a policy of always trying to maintain the right balance between quality tenants and the proper rental income.

Janeen's Philosophy:

Never purchase a Residential Investment purely on it's immediate return. A good Investment is close to transport, has generous living and a good main bedroom, also off-street-parking is important. The properties that have good 'Capital Growth' prospects will also have solid rental growth as well.

Always be properly structured for taxation purposes. Many investors realise 'too-late' that they are incorrectly structured.

It is important to be mindful of CPI increases and applying them to your rental property to maintain its rental growth

A good tenant is imperative. A bad tenant can cause huge damage that will also retard rental growth. A damaged property is harder to let and attracts second rate tenants.

 

 

 

    

   

 

 

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