Why Have A Property Manager?
It’s been said that property management is just “money for jam” – but that only applies until something goes wrong! That’s when your property manager earns their fee. That is when you’re going to need someone on your side, acting as an advocate and supporter; someone who knows how the law affects your situation; someone who can advise you and act on your behalf.
Someone, in fact, who is prepared to roll their sleeves up and get on with the job, however arduous and complicated it might get. And that is when you’ll discover that paying a small percentage of your rental income for such a service is really a very good idea after all. You’re also going to need someone you feel you can work with to help you move towards your property investment goals.
Here’s a Few Reasons
Whether you have a rental property, or your business takes you to another city or country and you want to retain ownership of your family home, having your property fully managed by experienced investors with attention to detail has to be the best way to go.
managemyproperty takes all the hassle and stress out of looking after your rental property for you.
Tenants are rigourously screened and thoroughly reference checked through several database sources before being offered a property to rent. Applicants are also credit checked at no cost to the owner as an extra level of protection. As a standard practice, all tenants are expected to pay their rent weekly by bank AP, and all rent payments are deposited into a separate Commercial Trust Account which means your money is secure.
Rent arrears are dealt with quickly and efficiently, and proper records and accounts for your property are held and maintained on your behalf. You’ll get a monthly Statement of Account sent to you detailing all transactions connected to your property – rent payments, maintenance jobs, expenses and invoices paid out, and the amount that has been paid into your bank account at the end of the month.
All tenancy Bonds are processed and paid over to the Ministry of Business, Innovation and Employment ( MBIE ). Tenants are always expected to pay the maximum of four weeks bond before starting their tenancy, and this gives you extra protection against expenses caused by your tenants.
All properties under management are inspected on a regular scheduled programme, and inspection reports, photographs and property statements are accessible to Client Owners online.
And remember, managemyproperty is officially a Smokefree property management company.