On the Sunshine Coast the rental crisis triggered during the pandemic continues as the number of rental properties available is outstripped by the demand for housing. And with high levels of demand and extremely low vacancy rates we are finding that property owners are considering managing their investments themselves rather than investing in a property manager. The logic behind this is that right now it is easy to find good tenants and how hard can it be to manage the rest, right?
This is a dangerous scenario, and we often find that the cost to investors managing their own property can be astronomical compared to hiring a quality property manager to take care of everything. There is more to property management than finding good tenants and collecting the rent.
A quality property manager will collect and lodge the appropriate amount of bond. They will ensure the property is inspected and the condition of the property is documented and backed up with both written and photographic evidence prior to the start of a tenancy. They will carry out regular routine inspections to manage the maintenance and overall care of the property. Rents will be receipted, and all financial documentation will be managed seamlessly by the property manager, with any rental arrears chased up before it becomes a major issue. Any maintenance requests will be documented, managed, approved and paid accordingly, often with work being discounted as it is completed by the agency’s handy contacts. As tenants come and go, inspections, documentation and reports will be done to always have a current record of the property condition as a safety net for the owner. All this is just a quick summary of what you can expect from a quality property manager.
Our team at First National Lifestyle Sippy Downs manage properties across the Sunshine Coast and are renowned for their ability to protect our owners’ properties, achieve the best rental returns and choose the most appropriate tenants for each property. Our team of property management experts are passionate about what they do and live by our motto of ‘We Put Your First’ which means they are going to look after your property as well as you would (if not better). Our systems and processes ensure that nothing slips through the cracks, and we are on top of every element of property management.
It is our experience, highly qualified and committed staff, systems and processes and passion for what we do that makes us the leading property managers on the Sunshine Coast, with countless 5 star reviews and a portfolio of happy clients.
If you have been managing your own property or would like to experience a superior property management experience then contact us today, we would love to help!