Portfolio Manager - Zoe Radford

The role of our portfolio managers is certainly task driven but as can see from the summary points below requires a great deal consideration over a variable of areas such as legislation, compliance and marketing.

Your property manager should be able to advise you on the best way to achieve maximum return on your investment.

They should:

1. Inform you of new legislation and how it affects your investment
2. Offer suggestions as to how to protect you from unpleasant situations with tenants
3. Ensure your tenant is on a lease, so that you can be assured of tenancy and have costs covered if the tenant breaches
4. Ensure your return is maximised by increasing the rent in line with market increases
5. Inspect your property and report back to you
6. Report repairs and maintenance and organise solutions
7. Advise you on tricky issues with tenancies when they arise, and take action to protect you
8. Complete paperwork so that your tenancy is compliant
9. Complete condition reports to a high standard to protect you from ending up at tribunal
10. Take photos of your property for the condition report
11. Limit vacancy by effectively managing the re-letting process
12. Present your property online in a manner that attracts the maximum number of potential tenants
13. Minimise rental arrears

Source: smartpropertyinvestments.com.au

Posted on Monday, 16 March 2015
in Landlords Monthly Update

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