The 10 Benefits of Property Management

Even the most savvy property investors can find themselves with questions and short on time when it comes to managing their own investment properties. This is where hiring the services of an experienced property manager can highly beneficial as they can assist and guide you through the various rental processes for your property and reduce your workload.

Below are 10 benefits you can expect when hiring Henley Property as your property manager:

1. Accessibility

At Henley Property we have property managers rostered on 7 days a week so that you are guaranteed to always find a property manager available to help. Your designated property manager will be available to answer any of your questions and concerns, respond to the needs of your tenants, liaise directly with trades people, and handle any emergencies that may arise; leaving you unburdened and free to focus on your other important priorities.

2. High Quality Tenants

At Henley Property, our property managers have received and reference checked hundreds of rental applications. Our property managers follow an extensive process when conducting reference checks to ensure our landlords secure the best possible tenants while achieving competitive market rental returns. Pre-approved applications are kept on hand and entered into our extensive database, allowing our experienced team to quickly fill properties with quality tenants.

3. Professional Relationship

Communication is key. At Henley Property we take the time to understand all your objectives, circumstances and concerns, and will provide you with all relevant information during the leasing process so that when the time comes you are able to make an informed decision. Your property manager will act as a buffer between you and your tenants. Unpleasant confrontations and complaints are redirected to your experienced property manager, who will handle these issues for you professionally if/when they arise.

4. Turnover and Vacancy Rates

Targeted and database marketing, local market research and knowledge, timely repairs and maintenance, and professional experience are all part of our property manager’s toolbox, ensuring minimal tenant turnover and low vacancy rates in order to maximise return on your investment.

5. Income and Cashflow Health

At Henley Property our property managers enforce strict rent arrears procedures to ensure that tenants pay on time. To get the most out of your experience with Henley Property, our property managers will keep you updated on current sales appraisals, rental returns, and market conditions to provide you with accurate rent reviews and property valuation.

6. Financial Records

Our property managers will keep accurate and detailed financial records for compliance and reporting. These records offer you insight into income vs expenses so you can make informed decisions about your investment.

7. Legal and Compliance

Our property managers are well versed in relevant legal regulations regarding the leasing of properties in NSW. At Henley Property we ensure our entire team undertakes constant training and mentoring to ensure their industry knowledge stays relevant with changing legislation. Any tenancy breaches, lease requirements, bond lodgement/releasing, and landlord advice will handled in line with relevant and current legislation.

8. Maintenance and Repairs

Our property managers conduct regular property inspections to check the condition of your property and determine whether there is any maintenance required or damage that has occurred during the tenancy period. Property inspections are also conducted at the beginning and ending of a tenancy.

If your property requires repairs or maintenance, we will liaise with trade services for you and ensure the work is performed in a timely manner. Our experienced property managers have strong relationships with qualified trades people in the area in order to get you the best price and quality on repair and maintenance works. This not only keeps your tenants happy, but ensures your property maintains its best condition possible and allows you to identify small issues before they grow into larger problems.

9. Risk Management

Hiring a Henley Property property manager can reduce your overall risk as a landlord. Our property managers are highly experienced in advising landlords on legislation requirements, tenant screening, conducting renting processes, and insurance and financial management in order to keep you informed and help you avoid costly mistakes and loss of income.

10. Add Value to Your Investment!

When choosing the right property manager for your investment, it is important to compare what services and experience you receive for the price you pay. It is also important to remember that the agent with the lowest fees is not generally the best agent. The best agent is the one who will keep the most money in your pocket and steer you towards the greatest financial outcomes for your investment. When hiring an experienced Henley Property property manager, you are adding value to your investment as your designated property manager and the Henley Property team will strive to maximise your return on investment. Agent fees are also tax deductible.

By using Henley Property’s property management services, you will gain valuable real estate advisor for your investment property. Our highly experienced property managers will ensure you attract quality tenants, maximise your rental income, and ensure that your investment property is maintained to the highest standard possible.

Want to Know More?

If you would like to know more about our property management services, please contact one of our friendly staff on 02 6457 2504 (Thredbo and Jindabyne) or 02 6452 2360 (Cooma and Berridale), or request an appraisal via our website www.henleyproperty.com.au.