By hiring a professional property manager, you can add great value to your rental property investments, which is why so many experienced real estate investors agree that working with a good management company is the best thing. Here are some of the most important benefits that landlords who work with property management companies have:
Risk management is one of the primary concerns that often overwhelm property managers. With legal and administration risks being the most common ones, there are many other risks that almost every organization has to encounter. In the most common risk scenarios, there are three possible strategies that you can follow: Risk Avoidance—You cannot choose risk avoidance if your actions seem too risky. For instance, in situations where a property manager is not purchasing property just to avoid the risks that come with them. Risk Control—Risk control is all about controlling or minimizing the risk by conducting regular inspections just to prevent the development of physical damages. Risk Transfers—It's all about shifting a person's responsibility to another, like your responsibility to the tenant or insurance company. In addition, paper lease, missed calls, property maintenance issues, and other screening issues are all responsible for creating risk. Here are a few risks that are associated with property management:
Every homeowner wants to have a year round blooming garden, which is not a difficult task in Australia. Our guide will help you have an all-season garden that is vibrant, lively, and bursting with colour. By doing a little bit of research, you will learn that there are so many different plants, shrubs, and flowers perfect for each season. The key to having a beautiful garden regardless of the season is knowing exactly what and when to plant. By being informed, you ensure that your garden will be blossoming throughout every season. We know that you are eager to roll up your sleeves and start working on your garden, but first, read our guide for expert tips on how to handle each season. If you are looking to sell or rent your property, you should know that a beautiful garden will boost your house’s curb appeal.
According to a study conducted by Hubspot, more than 90% of businesses confirmed that using real estate technology and social media marketing was essential for their business. Around 80% of them claimed that their efforts considerably increased traffic to their websites.
Do you know what your home is really worth? If you’re thinking of selling then it’s a good idea to book a property appraisal with a local real estate agent
Deciding when is the best time to sell your house requires not only research of market conditions but also,other factors such as lifestyle implications and more
Understanding these property management trends will help you stay competitive and protect your revenue stream. As a property manager you should always be willing to look at the possible changes and new technologies available.
Technology is transforming every industry, and facility management is not an exception. These days’ organizations have realized the importance of investing in the latest tech to establish more efficient ways of collaborating, making work more flexible and improving the overall organizational configurations.
If you're a property manager then its likely you're managing more than one property for your clients. Both the tenant and the owner are extremely important and communication is a key factor for success. Here are tips that can help property managers communicate better with the tenant and the owner.
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!
Processing property transactions manually is costly and time consuming so the Australian government has set up a national electronic or ‘e-conveyancing’ system
Are you having trouble selling your house and attracting buyers? These are the best ways to attract buyers and what you can do to make them feel welcome.
People spend years of their lives trying to save up for their dream home. But have you ever asked your peers if it is really worth it? Here's 5 compelling reasons that will change your mind.
Are you about to interview for the role of facility manager with a new employer? Hiring someone for a role is equally as challenging as it is to appear in an interview. Here are top tips to get you prepared for an interview.
What turns buyers off? Understanding what potential home buyers look for can help maximise your chances of selling your house. Follow these tip for selling.
Signing a lease is one of the most critical parts of renting a home. There are many things that tenants need to consider before signing a contract for any property. If you are looking to find a property to rent, the following tips will serve as your best guide before signing a lease.
In Australia, the average hourly rate for TV antenna services is around $80. The most common antenna services usually consist of jobs like installing or repairing an antenna, which can be solved easily. However, if you are dealing with something more complicated, your electrician might have to charge more. For a simple job that is solved quickly, the antenna repairman could charge even less than the average electrician rates. Some electricians might charge a per-project fee. In that case, repairing a standard television antenna will cost you between $200 and $250. However, these costs are only available if you are dealing with an easy-to-solve problem. If the job is straightforward, and there are no complications, you can expect to pay the aforementioned sum. If the electrician finds that certain parts must pe replaced, or that there are underlying issues that are difficult to fix, you might have to pay extra. Installing and repairing antennas are not the only services that an antenna specialist will offer. He will also do check-ups and tune-ups to make sure that your home entertainment system receives high-quality reception. Because there are so many different jobs related to TV antennas, it’s quite important to know what factors can determine the final costs.
A well-manicured lawn might be your pride and joy and it will definitely show off your garden to its best potential in Spring, but put yourself in a potential buyer’s shoes. All they’re going to see is hard work - mowing, trimming, watering, fertilising - to keep it looking that way. People who have busy lives don’t want to invest their time in gardening unless it’s a particular hobby or passion. They want a versatile, good looking garden where they can entertain and which stays that way all year round with little effort on their part. A low maintenance garden, therefore, will be high on the list of viewers and this is one area that you should definitely focus on to attract buyers when selling your house. As we’ll show you, it’s not that difficult to create a low maintenance garden, and if you’re on a tight pre-inspection schedule, you might be surprised how quickly you can transform your garden from a high maintenance nightmare, to a fuss-free outdoor space.
Are you looking for or thinking of hiring an exceptional home cleaning company? When it comes to your home hygiene, you would always want the best. If you haven’t been getting the cleaning service you deserve, it's time to change course. If you wish to hire a cleaning company to help you with a complicated task or to help you clean regularly, you need to consider the following factors before hiring any cleaning agent.
Do you want your splashback to retain its beautiful finish? It is essential to know how to clean glass splashback because it is not only the primary feature of your kitchen, but also it is essential in protection of your cooking areas. Below are tips for cleaning and maintaining your splashback. However, if you would like more information on maintenance of your splashback, you can inquire it from your local splashback supplier.
As much as roller blinds look practical and elegant, they usually get dirty with time. You should know how to clean roller blinds to keep them beautiful. Here is a guide on how you can do it. If you have any concerns about roller blinds, you can visit your local blind store supplier.
You need to know how to clean the glass shower screen to achieve a sparkling clean bathroom glass. However, it’s quite hard to clean a glass screen when soap and dirt builds up on it. The tips below shows the best way to clean glass shower screens in a few minutes.
Dirty fly screens prevent fresh air from passing through the mesh. They are unappealing, and the whole process of cleaning them can be a messy chore. But you shouldn’t be worried because if you know how to clean security doors, this won’t be a problem anymore.
Are you in need of a business opportunity that will allow you to use your hands to create furniture, buildings and other wood related items? Currently, carpentry has a significant market. It is the ideal trade but how to become a carpenter is something that most people don't know. The tips below will help you to be a carpenter.
The most common household pests are some of the hardest to get rid of once they gain a foothold in your home. Many pests, such as cockroaches, mice and birds, are also well-known carriers of germs and diseases that are harmful to humans and need to be eradicated immediately. For many homeowners the DIY method of pest control is often preferable, as baits and traps can be obtained cheaply from their local hardware store, but in truth they’re not always that effective. You can end up spending much more on DIY products in the long run than it would cost for a single visit by an experienced pest technician.
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.
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