What Does A Property Management Firm Do?

It turns out that using a property management firm is not as easy as I thought. You may ask yourself questions like “What does a property management company do? ” If for nothing else, I am convinced the benefits of using a property management company far outweigh the negatives. The vast majority of landlords don’t know their legal obligations or what penalties or issues they could face if things go wrong when they meet with property managers such as 360. Our team are experts in tenancy management and legislation so you don’t have to be.

Commercial specialize in real-estate used for business purposes. These managers might be skilled in industrial buildings and administrative-type spaces. The property manager must keep the property in safe and habitable condition. Property managers are responsible for the physical management of the property, including regular maintenance and emergency repairs. Suncoast is a full-service firm that manages more than 1,700 properties. It’s a smart idea to hire a manager if the rental property is far away from your home.

The company is owned and operated by Hayley Stevenson, who has been in property management since she was just 18 years old. It covers you if your tenant fails to pay rent. However, it does not cover you if the company cannot find a tenant. If they are unable to find a tenant within 28-days of your property being vacant, they will start paying your rent. You’ll benefit from accessing high quality maintenance at competitive costs. You should work with a team that treats your property as if it were their own. You can find out more about working with us by visiting our owners page or getting in touch with your local manager.

They have a large team of 36 people and have won multiple industry awards in the past. This includes the Large Company of the Year award from the 2019 Leading Property Managers Association of NZ. 20 video lessons with hour long content on how to invest in property the right way. We can help you get the best return on your property with our in-depth Rental Appraisal. The manager must operate within the set budget for the building. In certain emergency situations when the occupants or physical structure are in danger, they may use their judgment to order repairs or likewise without concern for the budget.

Plus – we can answer any questions you have around Healthy Homes, wear and tear, pets, contamination, and more. Guide to Selling Your Tenanted / Investment Property Looking to sell your tenanted investment property? Preparing your property for sale, working with your tenants and working within the law are some crucial steps in the sales process, which are all covered within this guide. Developer Services Our development team specializes in working exclusively with developers to help you set up your Body Corporate. Crockers will ensure that your clients have a smooth transition to their new homes. The perfect service for an investor with property management covered, but who wants to take the stress out of tenant selection.

In fact, we like to say we treat our tenants as we would treat our guests. Tenants are an important part of the success of our clients, which is something we recognize. It was the second collapse of a property management company in a few months.