Notes

Property Manager V's DIY Property Management
There is a huge debate for a while regarding whether there is a need for home manager to look after one's investment property or try it for yourself. There are many arguments for and against and we will explore this further below.
The role of a home manager
A property manager may be looked at as a buffer between tenants and landlords. Property managers are hired by Landlords to manage their investment property and be sure that this rent will be paid and care has taken. These managers are hired by landlords to handle a commercial or residential parcel intended for some foibles. Tattersalls Real Estate has their Dedicated Asset Management Division that goes past the reach of an local corner real estate to be sure the investment property is constantly performing for the children. A few things that that Tattersalls Real Estate do for their landlords are:

Advertise properties from the 2 major real estate property platforms. Realestate.com.au and Domain.com.au
Extensive tenant screening, background record checks, National Tenancy Database checks, Chronological audit with the tenants past rentals and employment.
Manage financial accounts and create statements
Pay outgoing on behalf from the Landlord
Receive and disburse rent through the audited trust accounts
Complete Quarterly property inspections with photos
Complete random curb side inspections to ensure there won't be any extra people staying in the house
Source and organise tradespeople for performing repair and maintenance jobs
Ensure all works and notices are in accordance with NSW legislation.

Property Management
Property Management
The Landlord
Occasionally, tenants possess the 'Tall Poppy Syndrome' in relation to that they see their Landlords and a house manager is the ideal buffer to lessen this and step up to express 'No' as needed, in order to ensure all notice has been adhered to when serving breach notices for failure to pay for rent as well as to ensure care for the exact property. Managing a few properties might be time consuming and expensive and often cause an unproductive way of managing assets. Having to go to open Holiday accommodation for large group in Blue Mountains , routine inspections or go to the house every time there's a repair issue. That's what the exact property manager does because of their Landlords, is take all of the stress out from the process.
The real difference
The real difference is, Tattersalls Real Estate's Dedicated Asset Management Division will find better tenants even as get access to the major real-estate domains which can be expensive to someone managing just a couple properties. Often Landlords is only able to advertise their very own properties on Gumtree etc, which unfortunately receives tenants that are 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 many years of experience together with street smart and knowledge of legislation.
Our audited trust accounts ensure every cent is accounted for and still provide reports to you personally as needed, totally free.
All for your competitive fee of just 4.4%, Tattersalls can manage your property and do what we should do best whilst enabling you to continue to take your time as well as about what you do best
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