All Topics / Help Needed! / Help needed for first time renting out
I bought a property off the plan last year and it is being completed in 4 months. I need to look for a property manager….what kind of things am i looking for..do they negotiate on their cut ?
Hi, To help with a response, What state is the prop in? Is there any rental guarantee with the purchase?
hrm
I find it very important for a property manager to have excellent communication skills and a friendly manner- they are the ones who are going to deal with your tenants.
I do think that good property managers are worth their cut.Some managers have a smaller property portfolio to look after than others and charge a little bit more- you’ll have to take that into account when deciding on the right manager for you.
Just talk to a few managers and ask for their brochures and pricelists to see if there is much difference in what they are offering and compare all of their fees- not just the cut of the rent they are charging.
E.g. fees they charge for monthly statements, end-of-year statements, extra services such as organising tradespersons- some may include this in the rent cut, others may charge for that separately.Celivia
Hi Bacchu,
I have sent you an e-mail with a list of ‘Questions for Property Managers’ which I have used in the past. It works well.
Regards,Sharon
Shaztaz, [specool], but why not copy the list in a post here for everyone to read?
I am sure that it will be of great interest and benefit to many forumites!
Celivia
You must be logged in to reply to this topic. If you don't have an account, you can register here.