What is the Value of a Property Manager?

Want to know the value of a property manager? Read more from Thought Leaders to see what they do and why they benefit landlords and tenants alike.

As tenants and landlords alike know, a lot of work goes into advertising a property, sourcing and reviewing applicants and maintaining the abode.

Most of the time, there’s a key player organising all of the above (and more), ensuring a smooth stay for the tenant and attractive return and property management for the landlord…ensuring both never actually meet.

Apart from these factors, what is the value of a property manager? Do you need advice from one as a tenant or help with all things property investment Perth?

Read more from the property management Perth team at Thought Leaders Real Estate to find out.

Property managers source and secure suitable tenants

With most things, to know the value of something, you need to know the role it plays.

One role of a property management Perth team is finding suitable tenants to occupy your property.

Here’s how we do it:

• Sifting throw rental applications takes time and careful consideration
• Property managers follow up on inspection requests and conduct home opens
• Assess applications, review rental history and references, and
• Negotiate the terms of the lease to keep both tenant and property investor happy.

Essentially, a property management Perth team provides value to tenants in finding their dream property, and peace of mind in the search for the landlord.

Conduct inspections

As a landlord, conducting your own rental inspections of your Perth investment property may be arduous and something you probably don’t have time for.

As a property management Perth team, it’s our job and joy to perform valuable inspections for the benefit of both tenant and landlord.

Here’s how we provide value with inspections:

• Knowing what to look for
• Organising and managing suitable trades and maintenance requests from the tenant as requested
• Tenant liaison on inspection times, issues met and rectified as per the lease agreements, and
• Communicating and advising on the requirements that need to be met when tenants vacate the property, ensuring the property is returned to an accepted state for the next tenant.

All this is time consuming and could cause headaches for both parties without the valuable expertise of a Perth property management team.

Payment management

What good is having property investment in Perth if you’re not getting a return on it?

With a property manager, a well-constructed procedure is always in place to handle:

• Rental payments
• Lease terms
• Arrears management, and
• Preparation of financial statements, bill payments and invoice creation.

Payments paid on time, balanced finances for the landlords and bonds returned for the tenants are but some of the valuable aspects of having a property management Perth team.

Property investment Perth market reviews

You may think you have your finger on the pulse of the Perth property market, but a property manager probably knows more.

Here’s how:

• Insight to market trends and (potential) fluctuations
• Knowledge of expected and potential rental yields, investment returns and capital growth, and
• Conducting lease renewals.

Valuable property management in Perth for landlord and tenant

Why should you utilise a property manager as a landlord or tenant? 

It’s simple – we do all the hard work for you.

Sit back, relax and enjoy your return as a property investor and settle in and make the place yours as a tenant – it’s all possible with Thought Leaders Real Estate.

Need a property manager? 

Contact Thought Leaders today for expert property management in Perth.