The advantage of a property manager

Are you considering investing in Sydney Inner West real estate? With property in suburbs such as Balmain, Rozelle, Lilyfield and Birchgrove in hot demand, now is a great time to enter the market and beginning achieving financial security.

For first time investors, renting out property can seem like a difficult and complicated process. However owning and operating an investment property can be made significantly easier when you recruit the assistance of a professional property manager.

What is a property manager?

A property manager is an experienced individual who can take over the day to day operation and oversight of your investment property.

The duties of a property manager will vary. However, generally they will be in charge of setting and collecting rent, finding and screening tenants, dealing with any necessary paperwork, and handling any problems that might arise.

Property managers can also see to the physical maintenance of the property, keeping it in liveable condition and seeing to any necessary repairs that the landlord is legally obligated to perform.

Why should I hire a property manager?

Many property investors have full time jobs and families, and therefore struggle to find the time to properly manage their real estate. However a property manager can take care of this job for you.

Because your property manager has thorough experience in the real estate market, they will be able to advise you on the best way to set your rent for maximum return, ensuring that you get more value out of your investment property.

Having a property manager also affords you valuable peace of mind in ensuring that you have a support system in place during your property investment endeavour. Should any issues arise, you have an experienced voice on hand to guide and assist you.

John Gilmovich
John Gilmovich is a highly valued and experienced addition to the team at Coopers Agency Balmain. John is no stranger when it comes to property management having spent the last 20 years of his career in the industry.

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