Property investment tips

TAKE THE TIME TO CHOOSE A GOOD PROPERTY MANAGER Some questions to ask yourself about a potential manager… How focused is the agency on property management (as opposed to sales)? Are the managers licensed real estate agents who are dedicated to the rental business? How good is their knowledge of local rental conditions (rates and vacancy levels)? Do they seem to have thorough systems in place for screening new tenants, dealing with repairs and maintenance, and regular inspections? Do they appear knowledgeable about the Residential Tenancies Act, and capable of dealing with bond authorities, corporate/strata bodies and difficult tenants?

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