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Top Tips For Using a Property Manager

If you are investing in property in Darwin but don't want to deal with the day to day hassles of being a landlord, you may want to look at using property management services.

Here are some tips to help you get the most of having a professional looking after your property.

Use their knowledge

Sometimes it is better to have tenants in your property for the long term even if you have to lower the rent.

This may reduce the time your real estate in Darwin is left vacant so you may see a higher rental yield over the long run.

A professional property manager will be able to tell you if this is the best option based on the rental market.

Property managers are in a unique position as they are able to see trends emerging so make the most of their knowledge and ask questions.

Professionals are also clued up about marketing, so that might help get tenants in faster than if you were going into it alone.

Fulfill your end of the bargain

Make sure that you have read and understood the tenancy agreement so you know what your obligations are.

Most landlords are responsible for repairing any problems and one benefit of a property manager is that they often have good relationships with local tradespeople.

Be clear about your expectations

If you do not want pets in your rental property, tell the property manager so they can make the right decision finding tenants.

Ensure they know how often you want the place inspected and how often you expect to see payment in your account.

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