Notes

Property Manager V's DIY Property Management
There has been a debate for a long time regarding whether there exists a requirement for a home manager to provide for one's investment property or to diy. There are many arguments for and against and we will explore this further below.
The role of home manager
A property manager can be thought of as a buffer between tenants and landlords. Property managers are hired by Landlords to manage their investment property and make certain that the rent is being paid and care has taken. These managers are hired by landlords to manage a commercial or residential parcel pertaining to some regulations and rules. Tattersalls Real Estate has their Dedicated Asset Management Division that goes beyond the reach of an local corner real estate to ensure the investment property is constantly performing for the children. A few things that that Tattersalls Real Estate do because of their landlords are:

Advertise properties from the 2 major real-estate platforms. Realestate.com.au and Domain.com.au
Extensive tenant screening, criminal record checks, National Tenancy Database checks, Chronological audit with the tenants past rentals and employment.
Manage financial accounts and produce statements
Pay outgoing on behalf from the Landlord
Receive and disburse rent in the audited trust accounts
Complete Quarterly property inspections with photos
Complete random curb side inspections to make certain there are no extra people staying at the exact property
Source and organise tradespeople for performing repair and maintenance jobs
Ensure all works and notices have been in accordance with NSW legislation.

Property Management
Property Management
The Landlord
Occasionally, tenants possess the 'Tall Poppy Syndrome' in terms of the way they see their Landlords and home manager is the best buffer to reduce this and help to convey 'No' when needed, or ensure all notice has become adhered to when serving breach notices for failure to spend rent or to ensure care for the exact property. Managing a couple of properties can be time-consuming and expensive and often lead to an unproductive way of managing assets. Having to go open inspections, routine inspections or visit the property each and every time there is a repair issue. That's what the exact property manager does for their Landlords, is take every one of the stress out with the process.
The real difference
The real difference is, Tattersalls Real Estate's Dedicated Asset Management Division can find better tenants even as have access to the major real estate domains which are harmful for someone managing a few properties. Often Landlords is only able to advertise their own properties on Gumtree etc, which unfortunately receives tenants who're very likely to have no or poor rental history. When hiring Tattersalls, you've got a team of specialist, Accounts, Marketing, Repairs and Property Managers by using numerous years of experience in addition to street smart and knowledge of legislation.
Holiday house in Blue Mountains audited trust accounts ensure every cent is taken into account and offer reports to you personally if needed, totally free.
All for the competitive fee of just 4.4%, Tattersalls can manage your home and do what we do best whilst enabling you to continue to take your time as well as about what you are doing best
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