Investpro Logo
You are here: Investpro / Latest News / Property Management

Property Management

SHOWING ARTICLE 158 OF 212
GALLERY

Property Management

Category News

Do you need a Property Management company?

Many landlords question the benefits of utilising a property management company and whether they will save money by doing it themselves.

Here are a few questions to ask yourself before making that decision:

1. Do I have the time to regularly visit the property and am I available at all times of the day to ensure that tenants' needs are met?


2. Am I able to be at the property on very short notice in the case of an emergency, such as a burglary or a burst pipe?
 

3. Am I up-to-date with current landlord and tenant legislation, and do I have the required certificates for my property?  
 

4. Do I have a list of reliable contractors available to assist with any issues in the property on short notice?


5. Do I know the correct legal process with regard to the collection of arrear rentals? (Letter of Demand, Legal Handovers, etc.)  

6. Do I have the market knowledge to ensure my property is maximizing its potential?  Am I charging a market-related rental rate? Am I collecting the correct municipal charges?

7. Do I provide all the necessary information required for financial reporting, filing tax returns, etc.? 



If you answered No to any of the above, the services of a property management company may be just what you need!

Author Investpro
Published 29 Sep 2020 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Investpro website is accurate and up to date, Investpro makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.