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Oops …. (post above…2nd last line or so) I meant ‘If you DON’T manage it yourself’!!!
Hi there. I’m a newy here. I’ve owned a doz or so properties in WA over the years and the management fee’s have always been around the price that you’ve mentioned. I would suggest that if you’re going to look at managing them yourself you go into a newsagent and ask for a property management ‘kit’ that’s available. (sorry, can’t remember the name, but they will know!) I have always preferred to manage properties myself. You get to meet prospective tenants face to face, you’re more eager to show a prospective tenant through at 7pm, you will always answer your phone if you’ve advertised a property, and generally you’ll have less ‘gaps’ between tenancies because of this. The key to success is based upon how astute you were when choosing your tenant and always check references. Go for local agent (definately!) if you manage it yourself. The MT Lawley agent will only ‘sell’ your management to a local agent sometime down the track. Good luck and you will be fine if you get that kit I’m talking about. Regards Pip
