Investing in properties is one of the best investments you can make in life. But like any other investment, it is essential to do your research before investing your hard earned money. It is a common misconception that property investment always offers you good returns. You need to consider many factors while investing in a real estate. Here are 5 tips to reduce stress while buying your first investment property.
Too often, potential home buyers make the decision of choosing a rental property from it's curb appeal. Yet, outdoor areas and landscaping is always underdone or overlooked. Impressive and attractive landscapes can add more value to your home. The best time to start cleaning your outdoor areas is a month before you plan to list your home for rent. Doing this will give you enough time to get everything looking perfect and will also remove the impression that you have made last minute changes.
While you're busy working on your craft, you still need to have consistent work and the ability to run your business successfully. Sure, you might have your own systems in place, but there's an easier and more effective solution to help you manage your teams, customers and jobs so you can start seeing results and growth in your business. Here's 4 reasons why the Bricks + Agent onboarding experience for service providers is the best in driving success.
Mandatory maintenance is something that defines the property management industry today. However, things like whether the property’s portfolio is well-maintained or not is something that is questionable. The reason why most real estate agencies are planning to, or already have streamlined their maintenance processes, is ultimately to imrprove their clients' overall satisfaction with their business. Although maintenance is quite beneficial and important for rental properties, it can keep your staff bogged down and start to affect your business, if managed ineffectively. How will you deal with property maintenance tasks? Thanks to the simplified property maintenance system developed by our team at Bricks+Agent, maintenance and repairs at rental properties are a breeze to complete. Here’s how it will help:
Majority of the time its small but consistant issues that reoccur in real estate agencies daily. Whether it’s the lack of maintenance on properties, high turnover of the staff, or simple lack of communication, there's a way to help ensure your clients don't pack up and move on.
It’s often said that the bathroom can make or break a sale. So if you can make your buyers fall in love with this room, there’s a good chance they may be sold on the entire property. But why are bathrooms so important? Apart from the obvious washing facilities they hold, a bathroom is a much utilised room by friends, relatives and other visitors. The state of your bathroom says a lot about you, so it goes without saying that people want a stylish one that’s going to impress. Taking into consideration that a smart bathroom renovation can add considerable value to your home, it’s worth thinking about giving yours the wow factor.
Heating and air conditioning are two of the most important features for your home - making sure that your family is suitably warm in Winter and comfortably cool in Summer. We come to rely so much on air conditioning that it can be a real pain when it breaks down, and it’s Murphy’s Law that it will happen on the hottest day of the year. So knowing exactly who to call, and how much you’ll pay, can save you a lot of stress. If you have a reliable local air con repair service, you can have the system up and running before everyone melts into a puddle. Even if your air conditioner is working fine, it’s a good idea to start making enquiries now so you’re not faced with astronomical charges if the unthinkable happens. As you’ll see, not doing your research about air conditioning repairs can leave you seriously out of pocket.
If you are a property owner or a property manager you've probably heard the line "I can do that for half the price." more than once. However, hiring someone who does not have a licence in order to save money is usually an extremely disappointing experience. If you are new to property management you might ask yourself "Why hire a licenced contractor when an unlicenced ‘tradie’ can do the same job for less?" In this article, we will provide the answer to this question and we hope that you will understand the importance of always hiring licenced tradies. A tradesman who undergoes certified training in order to get a licence is usually committed to their trade. By investing their time in learning and developing the necessary skills to get a trade licence, the tradesman guarantees that he can provide quality work. When hiring someone for a job, you should always look at their trade licence and qualifications first. Are they licenced to do the kind of work that you need them to? In some cases, a contractor might have a licence that restricts them to only do certain jobs. For instance, a licenced residential builder will usually have the necessary skills to do all sorts of tasks, but he might be restricted to doing a specific job such as decking. By checking their licence and registration you should be able to tell exactly what the contractors can do. Did you know that for certain jobs you are required by law to hire a licenced tradesman? For example, electrical work can only be carried out by someone who has an electrical worker’s licence in Australia.
How do you feel about interacting with your home the way you would with a website? In the future your home will know who’s in what room, make your coffee and turn on your lights. It might even choose your clothes for you based on the temperature outside.
This release sees new updates that will help you with even Faster Report Editing via the CMS, with the new Area Level Thumbs Up for marking conditions and an improved reporting functionality to Load Reports Faster. Let us know what you think of these new features!
By using a property management platform, you can also improve your team’s performance, have an organised database, and keep your clients and tenants happy.
From managing vital documents to communicating with owners and tenants, a property manager is responsible for a multitude of everyday tasks that are key to the success of a real estate agency. Bricks + Agent may very well handle all the issues. Here are the three risks you may face if you are not already using a cloud-based system.
Selling a property on your own to save paying real estate agents commission? Only 1% of house sales in Australia are made without agent. Learn how to negotiate.
Did you know that almost half of renters today own a pet? That is a large population of people. However, pet-friendly properties remain far and few while the Australian population keeps on struggling to find a home.
Every industry gets influenced by innovation, and real estate is no different. In fact, a new technology that hasn't been invented yet can be the primary driver of change.
How livable and appealing your home is during summer? You can increase these factors for buyers simply by changing the interior design to match the season.
Lease management software handles multiple property management aspects like buying, leasing, renting and selling of properties and are jam packed with features to improve efficiency on the job. The team at Bricks + Agent have put together some of the most important features that help to streamline the leasing process.
Just started in the property management business? Or struggling to become successful as one? If you are trying hard to become a successful property manager, here are 10 habits that you must start practicing today.
Do you have multiple properties that need renting? You might need the help of a property manager, but before diving straight into an agreement with one there are multiple factors you should consider.
Rental property trends change with time, and property managers need to be aware of both current and future trends. With the new year just around the corner, new trends in the rental market are likely to appear in 2019.
Plumbing crises can happen anytime to anyone. Whether it’s the clogged pipes, leaky faucets or problem with the water-tanks capacity, the professional is needed as soon as possible. After all, only a professional knows how to handle delicate components like piping, water heaters, faucets, drains and other things. If you are looking to hire a professional plumber, consider these factors before having them:
There are certain things that you need to ensure get done before your tenants consider you an awesome landlord. The Bricks+Agent property manager guide 2018 will teach you some of the essential things you need to take care when it comes to tenants.
Are you contemplating starting a property maintenance business? It is imperative for you to precisely curate your business plan to ensure no aspects of your model go overlooked. Here are 6 tips to help you start your own property maintenance business.
Property investors play a critical role in your business and its important to maintain strong relationships with them.
Here are 6 things that you can do to keep your investors happy.
A tidy garden improves the beauty of your home and keeps you safe. As much as you can keep it clean using the DIY method, it might not be possible if you are busy. You might need to hire a garden cleaner. Garden cleanup cost can be around $45/hr. It depends with the requirements of the job. Sometimes cleaning a garden can be as low as $40/hr or as high as $50/hr. If you need services of a professional garden cleaner, it can cost you on average in Australia $164.84 to complete the whole project. However, this being an average estimation, rates can vary depending on the number of tasks involved.
A property manager must be a skilled juggler of numerous tasks, keeping both landlords and tenants happy. In addition to keeping properties maintained and in good shape, they are responsible for preserving a rental property's value. Although this job only requires a high school diploma, many customers will opt to work with a specialist who has a degree in real estate, finance, or business. We've put together a list of professional qualities a property manager needs hold to make the most out of a successful career.
Do you know who the average Australian property investor really is? Contrary to popular belief, it’s not the super wealthy property speculator buying up rentals left right and centre. In fact it could be your next door neighbour, the one who’s drinking XXXX and firing up the barbie. Don’t believe us? Let’s take a look at some stats to see if we can put together a clearer profile of this person….
Whether you’re a seasoned property manager with an impressive portfolio or a beginner, you want to grow your rent roll and increase your monthly rental income. Right? The good news! Fortunately, there are countless rent roll growth strategies scattered over the web. But the question is what actually works? Which strategies help deliver real results effectively in a hassle-free manner? This article shares several time-tested rent roll growth strategies that really work.
How do you feel about interacting with your home the way you would with a website? In the future your home will know who’s in what room, make your coffee and turn on your lights. It might even choose your clothes for you based on the temperature outside.
Are you planning on remodelling or renovating your house? If you are, you might be considering wallpaper, which has re-entered the style space this year. Available in a wide range of colors, textures, and prints, replacing old wallpaper or installing it in order to improve the property’s overall appearance could add value, attract more buyers and boost your home’s appeal.
Does your job revolve around customer satisfaction? Working in customer-centric industries like real estate, you will come across a lot of people and making a connection with the customer is vital to the longevity of your business. Establishing healthy customer connections is a fool proof formula for generating repeat business. Customers will come to you not just because they love your products and services, but because you offered them a smooth and convenient experience. The experts at Bricks + Agent have compiled a list of tips and tricks for improving customer connections.
If you're on the lookout for a new career path, becoming a property manager might just be the perfect job for you. Now more than ever, people of all ages are renting instead of buying, so the need for good and professional property managers is out there. A career in property management can bring a decent salary, job security, and steady employment, and if you like to work with people, then your success is almost guaranteed.
Cloud-based property management software is considered one of the most popular and powerful tools for many real estate agencies. But while it is quite popular among many businesses, the software can still be quite overwhelming and mysterious to many, which fuels many myths about it.