Repairs and maintenance to rental propertys are one of the most common issues that cause legal disputes between landlords and tenants. As the mediator, property managers need to know and educate both tenants and landlords on whose responsibility it is to fix repairs and maintenance issues.
Routine inspections are a big part of a property manager’s day to day job. Along with the millions of other tasks they’re expected to complete, it can be tempting sometimes to rush inspections and assume everything is fine. No doubt this can often lead to some serious problems down the line, especially if tenants are hiding/performing questionable or illegal substances or behaviour. You can never be too careful when it comes to routine inspections. At Inspection Manager we compiled a list below of red flags or warning signs as a property manager to look out for when completing a routine inspection.
Staying connected with your tenants and building a trusting relationship is key to having better tenants, maintaining well-kept rental properties and being updated with any issues/problems on a rental property right away. Kelly, a Property Manager from LJ Hooker says “The best way to maintain well-kept rental properties with minimal issues is to form more trusting and better relationships with your tenants. Staying connected with check-in messages or calls to tenants is one step closer to a more transparent relationship.”
Routine inspections allow you to identify and address any maintenance or repair issues. This gives landlords peace of mind, knowing their valued rental properties are being maintained and carefully managed. The details recorded at routine inspections are also used as evidence in disputes between landlords and tenants. Therefore, in order to serve their purpose, routine inspections should to be done thoroughly and competently. At the same time, routine inspections don’t have to be a difficult process.
Property managers, do you feel like your work is always following you wherever you go? Even when you’re not physically taking your work home with you, it’s always on your mind 24/7. Work-life balance is a common struggle for property managers and a lack of boundaries often leads to burnout.
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!
As fellow Australians, we can say we are not particularly fond of common pests like cockroaches, termites, spiders, and wasps, but when it comes to new Australian pests we are terrified.
You probably know that property managers and property management companies exist, but do you know exactly what they do? The property managers are third parties who are hired to handle a wide range of daily operations related to real estate investments.
When you are faced with a serious issue, you will know immediately that you need to hire a plumber, but what happens if you are not sure? There are less obvious problems that might require a professional’s attention and it is important to know how to spot them. If you avoid fixing an underlying plumbing issue, over time, the costs of the repairs could increase. Additionally, a leaky pipe that is not fixed on time can severely affect the structure of your house.
So you own one or several Airbnb rental properties and maybe time isn’t on your side to manage them by yourself. What's the best solution? Lucky for you, hiring a person who provides professional Airbnb property management services has become quite popular. Your properties will get all the attention they need, and you get to worry less and invest your time in something else.
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:
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.
As a property manager, one of your most important responsibilities is to keep your properties well-maintained. Whether it’s fixing a leaky tap, replacing a broken appliance, or addressing a more significant issue, maintenance requests are an integral part of your job. However, with everything else going on in your day, managing these requests can quickly become overwhelming, leading to delays, miscommunications, and dissatisfied tenants. In this blog, we’ll explore how you can streamline your maintenance requests and issues to make your job easier and keep your tenants happy.
Most people have no idea on how to clean windows streak free. This is a daunting task because getting rid of those random lines is difficult. However, it is still possible to achieve clear windows with a perfect outside view if you master a few tricks. Below are the items you need and how you should clean them.
The steam cleaning carpet cost is determined by the size of the carpet. However, the average price is approximately $35/hr. If your carpet has stains that are hard to remove, you might be charged as high as $40/hr by your carpet cleaner. Some experts charge $85 for a regular carpet cleaning job which involves sterilisation and deodorisation to get rid of all stains and spots. A carpet cleaners cost per job is approximately $126 for their services. However, prices may vary. Below are a few reasons why carpet steam cleaning rates may vary.
The appearance of your roof speaks much about your home. An attractive roof gives an impression of beautiful rooms inside that house. Roofs tiles can make a house look elegant and decent. However, most people believe that roof tile prices are not pocket-friendly. That is not true. Get more information below about this.
A worn out roof destroys the aesthetic appearance of your home, making it look old and boring. Algae and mold may also build up on the roof. In such cases, you may feel that you have no option but to replace it. However, you could replace it and get back the attractive look of your house. But what could be the roof restoration cost? Find out below how you can compare the quotes. Roof installation involves every activity that restores the attractive appearance of your roof and makes it water-proof.
A leaking roof exposes your home to various health risks other than tarnishing the attractive appearance of your house,and undergoing future replacement and repairs might be a bit costly. Renovating your roof is something that you might consider doing if it is damaged. It is also crucial to know the roof replacement costs and preparing in advance. From this article, you will be able to find out the available roofing materials on the market, who can install them and how much it would cost you.
In Australia, the average costs of a qualified roof painter’s services are around $40/hr. The costs of materials and paint are not included in this sum. Depending on different aspects of the project, a roof painting professional can charge anywhere between $30/hr and $55/hr. While any roof painter will be able to offer you an estimate quote, the actual costs of your project will be determined after the specialist makes a thorough inspection. After the inspection, the painter will take different aspects into account in order to offer you an accurate price.
Do you have safe swimming pool fencing? With summer on the way it’s every pool owner’s responsibility to make sure your pool is safe for children, whether your own, a visitors or a neighbours. Young children like to go exploring and you never know when one will end up in your backyard, and in the worst case scenario, your pool. If you’re unclear about the rules around pool fencing and think you need to get yours checked, keep reading for more information.
There are many advantages to adding a ceiling fan into the interior design of your home besides their main function of cooling off a room. Having this type of fans in your home can reduce your energy costs, can provide comfort, and can be a stylish lighting source. Standard ceiling fans are usually quite cheap but must be installed by a licenced electrician who will respect the Australian standards and procedures. For a standard fan installation, professional electricians will charge on average about $77 per hour. If the job is straightforward and simple, they might charge less. On the other hand, if the installation is complicated, the electrician’s rate can be as high as $80 per hour. Overall, for a complete fan installation, a homeowner should expect to pay between $200 and $400. If the homeowner installs several fans, the cost per fan installation might be reduced. Although installing a ceiling fan is usually a straightforward job, there can be certain tasks and aspects that can influence the costs and the rates of the electricians. These are some of the most common things that can influence the ceiling fan costs:
Being a property agent isn’t an easy job. There are a multitude of tasks that you are responsible for. It is only natural for you to overlook a few things. Unfortunately, more often than not, it is trust accounting. Here are 5 common trust accounting mistakes that property agents often make.
As a professional property manager, one of your main roles includes proper tenant screening. To maintain the proper standards and laws, here is how you can go about the screening process.
In 2018, there has been a lot of debate around technology disrupting the Australian real estate industry. Here are the top-most real estate tech trends that are taking 2018 by storm.
Considering all the time and money you pour into your property, choosing a rental property manager is crucial. Have you asked candidates these questions?
Choosing good tenants is not an exact science, and oftentimes, tenancy applications are refused for a variety of reasons like bad credit or bad references.
Before choosing between managing your own property or hiring a professional property manager, landlords should decide whether saving money is worth the effort.
Nowadays, if property managers want to be ahead of the game in real estate management business, they must focus on offering instance services on mobile devices.
Each property management agency may charge different property management fees. A complete guide on everything you need to know about property management fees.
-3.jpg)
