A common question that our property managers in Sydney are asked by our property investors is "my tenants lease is expiring soon, what are their intentions". We understand that security is important for some investors and they want to avoid having a property vacant or becoming vacant at an unsuitable time of the year. There … Continue reading My tenants residential lease agreement is expiring soon!
From time to time our property managers are asked "my tenant has been paying the same rent for a while shall I increase the rent"? It's likely that your costs of owning a residential property investment have increased and you would like your rent to increase with those costs or at least in line with … Continue reading My tenant has been paying the same rent for a while shall I increase the rent?
Investors seem to tolerate been unhappy with their property manager and hope that the situation will improve. Rarely does the situation improve and it's best to for a landlord to change property managers if things don't improve and find a new property management company / rent manager, before you start spending a lot of time … Continue reading Top 3 reasons investors are not happy with their current property manager.
Treat tenants with respect, be friendly & helpful. Remember they are helping you pay a mortgage or providing you an income. Good communication throughout the tenancy & maintain a positive relationship. Respond to their questions in a timely manner. Attend to repairs and maintenance promptly. Consider their needs and understand the points they raise from … Continue reading 4 ways to keep a good tenant living in your investment property longer.