When a tenant falls behind in the rent it is always best to address this quickly with the tenant within just a couple of days.
The Letting Process to secure the right tenant is overall an exhaustive one as it is the biggest and most important process we as Property Managers can undertake.
It is not uncommon for new landlords to make rookie mistakes. In the hope of avoiding the cost of paying for the services of a professional property management company many choose to find and manage their own tenants. Some landlords will succeed, but more often than not, others fall into a number of common traps.
Even long term tenants move on at some time. Maybe you have been unfortunate with a string of short term tenancies. Unfortunately we don’t get to choose the market in which our property will become available. Vacant rental properties affect your overall annual income. For every week that your property is vacant your annual return is affected.
If you’re about to undertake a renovation on an investment property, here’s how to make sure you’re not being ripped off.
The security of your tenant and property alike is very important. So, is re-keying your rental property each time it has a new tenant necessary? It’s a really good question!