My property manager can do what?

Being a landlord isn’t easy without the right property manager. From finding the right tenants to arranging maintenance and settling disputes, there’s a lot more to the job than collecting rent each week.

For investors, all of this can get a bit overwhelming. That’s where comprehensive property management comes in. Property managers can help you to run your investment like a business, but many people either misunderstand all they can do, or simply aren’t really utilising their services enough.

Property managers are real estate experts

Good property managers offer their clients keen market insights and advice because they see themselves as a business partner and will work to understand their clients’ goals and grow their wealth.

Because of their local market knowledge, property managers can help you make informed decisions about things like:

• How and when to review rent
• If refinancing is a good option
• Advice on which renovations may add value without overcapitalising
• Advice on when and where to buy an additional investment property

If you’re new to property investing in Melbourne, consider signing up for Nelson Alexander alerts early on. This can help you identify homes in up and coming suburbs that will guarantee high returns.

In addition to sharing their knowledge, property managers can also help you with every aspect of running an investment property. Unfortunately, many people who hire property managers don’t understand the range of services they should be receiving.

What can property managers help me with?

Did you know that you property manager could help you out by:

• Optimising your property by organising cleaners and gardeners
• Screening prospective tenants
• Attending VCAT on your behalf
• Sending you regular routine inspection reports
• Re-keying the locks when tenants move out

More property managers means more resources – a benefit you won’t get just anywhere. Many property management companies have multiple offices around Melbourne, but they don’t work together. In fact, they compete. At Nelson Alexander, our managers work together across sixteen different offices. We’re constantly collaborating, so when you hire one Nelson Alexander property manager, you’re really contracting to work with the entire team.

To find out more about comprehensive, team-based property management in Melbourne, reach out to the experts at Nelson Alexander today.