What a landlord looks for in a property manager
Being a landlord and managing an investment property can be time consuming and stressful at times but a good property manager can ease the load substantially, help achieve greater rental returns and reduce the time a property remains vacant.
According to Amy Sanderson, general manager for Property Investment Management at LJ Hooker, “If someone is focusing on one job and one job only, they usually get very good at it!”
Ms Sanderson said LJ Hooker property managers focus on two key areas for landlords - to maximise a client’s return on their investment and to minimise their exposure to risk.
She also stressed the importance of trying to keep both landlords and tenants happy – a delicate balancing act at times.
“Happy tenants mean happy investors.
A happy tenant will stay longer and look after a property,” Ms Sanderson said.