Landlords

You will be pleased to know that Property Central Hervey Bay is a locally and family owned & operated company, the owners are the agents you will be dealing with for all of your property needs. This means we are across every aspect of your property and you won’t have to waste time finding the right person. We are also contactable any time day or night. Please see below essential information for your consideration and links to very important resources.

Why is engaging a property manager an Important decision? Property Central Hervey Bay has 10 good reasons:

• Market Appraisal

A property manager will be able to give you an independent assessment of the correct rent for you rental property. An under or overestimated weekly rent can result in lost income and or a high vacancy rate.

• Tenant Selection

Careful background checks are essential on tenants to ensure that they will take a responsible approach to their tenancy, paying rent on time and looking after the property. As a property manager we have access to information on people with a bad rental history.

• Marketing

As property managers we compile lists of subtitle tenants who may like to rent the property. Many prospective tenants contact directly for information about properties for lease. In addition, as property managers we also have access to Internet marketing which is becoming more important in the rental market.

• Viewing the property

Showing prospective tenants the property takes time because people wanting to lease a home generally want to view the property after work hours or weekends. Private land lords may be more restricted in their time and therefore may not be able to find the best tenant for the property in the fastest time.

• Contracts

Having the tenant complete and sign their contact of agreement is very important as it protects the investor. A clearly written contract should clearly state the responsibilities of the tenant and the owner. Overlooking this key part of renting a property may result in problems during or at the end of a tenancy.

• Tenant Retention

Keeping a good tenant is also critical for the investor. One of the most common reasons why good tenants leave a rental property that is self-managed is turnaround time. i.e. it may takes weeks to fix an air conditioner because the landlord is away or busy with personal items. By employing a property manager, landlords can be assured that all of their tenants requirements are dealt with promptly and this will in turn reduce vacancy rates.

• Maintenance Issues

A property manager will conduct scheduled property inspections to make sure the investment property is properly maintained and take action if it is not. Maintaining the value of the property should be a key consideration for investors and that is why regular property inspection reports are necessary.

• Legal Issues

Because of the growing trend towards litigation, people who privately lease their properties can open themselves to litigation if they fail to discharge their legal responsibilities in relation to the investment property. A property manager is fully briefed on these legal responsibilities and this offers additional peace of mind for the investor.

The Residential Tenancies Act needs to be adhered to in all circumstances, it can be a confusing and complicated if you are not dealing with the ever-changing Act on a daily basis. When managing or leasing a tenanted property, including an individual property owner, must comply with legislation. The specific Acts are listed below:

Property Occupations Act 2014- Queensland Legislation
Residential Tenancies Act
Rental Bond Act
Privacy Act
Anti-discrimination Act
Trade Practices Act

• Termination of contract

Problems can often arise when the tenant wants to terminate the contract. lack of notice or failure to leave the property in the same condition it was first leased. As property managers we will ensure that the contract is properly terminated and that a new tenant can be obtained quickly reducing vacancy rates.

• A professional relationship

Lastly the relationship between the tenant and the owner should be on a professional basis. Investors who manage their investment properties tend to engage a friendship with their tenants which means that problems can arise when tenants are not meeting their responsibilities. By engaging services of a property manager, the relationship is kept on a professional foundation which will be financially beneficial for the investor.

****Bonus Reason****

A property manager can help maximise the return on your investment. 

Make the right decision today......

Making the move to Property Central Hervey Bay is simple and comes at no additional expense to you, When you’re ready to make the change let us know and we'll do the rest for you!

Whether you are managing your property yourself or your property is with another agency? We can help ! The transfer of Management will be done without affecting the current tenancy. Property Central Hervey Bay take care of all the arrangements with your agent on your behalf. Contact us today and find out how simple it is.