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A rental property is still one of the best investments you can make but managing a rental property successfully is a little like running a small business. There are outgoings and incomings to be balanced, taxes and rates to pay, assets to develop and client/customer relationships to be built and maintained.
Private landlords often take on the management of their property without fully appreciating the time commitment and level of expertise necessary to run this "small business". This sometimes leads to disaster.
Tenant selection, rental collection, property inspection and dealing with tenancy lease breaches, are all processes which, in the hands of the inexperienced, can prove to be expensive both in terms of time and money.
All of Barry Plant’s property managers firmly believe that a property should not be regarded as simply a source of rent, but as a valuable and appreciating capital asset.
Many private landlords could be playing with fire and do not realise the implications that go with managing rental properties. Recent changes to the Residential Tenancies Act now make the process even more difficult for those without professional experience. It makes sense therefore, for private landlords to put the management of their most valuable asset in the hands of experts. All our Property Management staff are well versed in the legalities of property management and in the unfortunate event that a tenant should breach their contractual obligations, they will prepare the necessary paperwork and applications to the Residential Tenancies Tribunal and will even represent you at Statutory Tribunal Hearings.
By placing your property in the hands of Barry Plant accredited Property Managers, you receive a total management service which will protect your investment and enhance its ongoing appreciation.
Call your local Barry Plant office for further information on how we can manage and nurture your investment property. Would you like an appraisal of your property for property management?
Please email us with your contact and property details.
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