Propertyscouts Invercargill

Reasons to Hire a Property Manager - 31st Aug 2015

If you've owned investment properties for any length of time, you know that managing a rental can be financially rewarding. At the same time, you've also likely discovered that property management requires a large commitment of time and effort.  In many cases this just isn't practical, especially if you hope to expand your business. Here are some ways a property manager can help:

1. Experience in setting the right rental rates
2. Property management companies have efficient software to track and pay collected rent. At       Propertyscouts we use Palace, and pay landlords twice monthly
3. Marketing and advertising your property to get the best results
4. Property managers are experts at finding good tenants, and taking care of call checks a to         verify employment, credit and previous landlord references
5. The property manager will manage all aspects of the tenant-landlord relationship
6. Property management companies have relationships with maintenance works, tradesmen,           contractors and suppliers.  At Propertyscouts we don't charge any additional maintenance           fees
7. Ensuring that you're in compliance with housing regulations and property law
8. Most property managers charge a percentage of your property's monthly rental rate in                 exchange for services.  The rate is typically 7-10% which is generally less than the money         you save by hiring a professional to take care of your property.  

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