Owners Tips

ELDERS – A NAME YOU CAN TRUST WITH YOUR INVESTMENT


YOUR INVESTMENT

When you invest in a property it is one of the biggest financial decisions you will ever make. Property investment has become one of the easiest and fastest growing investment options with more and more people entering into the investment market. It is a popular alternative for superannuation. 

One of the first questions asked after the purchase of the property will be "who do I get to manage my investment?". Please read on to see why you should consider a licensed real estate agency to manage that nest egg.

ADVANTAGES OF USING A PROPERTY MANAGER? 
It can be extremely daunting to have to handle the management of your property, using a Property Manager will ensure that you do not need to worry about complying with tenancy acts and regulations. Rent is collected, properties inspected, all repairs attended to and we can manage tenancy disputes.

QUALIFYING TENANTS
We can offer extensive exposure of your property within Australia and New Zealand, this enables us to source that A1 tenant. We have access to tenancy databases that you do not have. With strict checks and communication, we will find you the right tenant. 

INSURANCE
Lessors can be covered by full comprehensive landlord insurance policy if they use a property manager through a licensed real estate agency. 

TAX
As with all other expenses concerning your investment, your property management fees are also a tax deduction – please talk to your accountant. 

WHO IS THE LANDLORD?
With using a property manager you can remain as anonymous to your tenant as you choose. Your personal details are kept in strict confidence. 

HOW DO YOU SELECT THE RIGHT PROPERTY MANAGER?
Selecting the right person to manage your property is crucial. There are a few questions that you need to answer to make this selection easier.

To save you some of the hassle, consider the following questions:

Does your Property Manager:
a) Have sufficient experience in property management?

b) How long have they been in the industry?

c) Do they own their own property?

d) Do they have the necessary people skills to handle all situations?

e) Do they have the correct qualifications and licensed?

f) Are their assistants also qualified and licensed?

g) Do they understand how important your investment is and that it is possibly your most valuable asset?

h) Will you get value for your dollar? There are a lot of cheaper managements available but what part of the service will they discount

i) Would you let someone with very limited experience handle your investment?

j) Will your property get the best exposure, and do you have to pay for that exposure?

k) What level of service will your property manager provide? Are they too busy, loaded down with too many properties, or trying to maintain their business as well as care for your investment? 

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