A Property Manager helps safeguard your investment.
They are responsible for finding a suitable and trustworthy tenant, and also managing the lease on a day-to-day basis to ensure your property is looked after. Below is a list of some of their primary duties:
- Advertise your property for lease, conduct inspections
- Process applications and conduct necessary checks
- Lodge and collect bond payments
- Prepare a tenancy agreement
- Negotiate and collect an appropriate rent
- Carry out regular inspections
- Arrange for repairs and/or maintenance
- Provide relevant notices and financial statements to the landlord
- Pay council rates and taxes (from the rent)
- Issue termination notices to difficult tenants
Source: whichrealestateagent.com.au/property-management/