Selecting a Property Manager
Choosing your property manager is a serious business. A dependable property manager can mean the difference between being profitable, or, incurring a loss on your investment.
Selecting the right property manager is not just selecting the agency with the cheapest fees. Ensure they know the legislation. Make sure they possess the skill of ‘attention to detail’.
And finally, question their knowledge of the market – an investor needs an agent that will continually strive to improve the return on the investment by increasing the weekly rent and ensuring minimum loss of income during vacancy periods.