Property Management FAQ

Whether you are a first-time investor or you have a bit more experience it is always a good idea to ask your potential property manager some questions to make sure they are the fit for you and your property. 

This blog contains some of the more common questions we are asked along with some questions that we recommend you ask any property manager you may work with.

As a potential tenant, there are also some questions that you should be asking the property manager to ensure you have all the best information and can make an information decision.

Landlord

• How do you screen a tenant?
• Who will be managing my property?
• Where do you advertise for rent?
• How often will you do viewings?
• How often do you do routine inspections?
• What is the procedure for maintenance and repairs?
• What is your process for debt collection?
• How do I change agency?
• Do I need landlord insurance?
• How do you handle late payments?
• What makes your agency stand out?
• Do you manage strata rates?
• Do you manage council and water rates?
• What happens if I want to sell?

Applicant

• How long is the lease term?
• Are there any additional fees?
• Are any utilities included in the rent or are they separate?
• How do I report maintenance or repair issues?
• Is renters insurance required?
• Can I end my lease early?
• How many people are allowed on the lease?
• Can someone live in the property and not be on the lease?
• What happens if the owner sells?