Why Invest in Property?
Investing in property is one of the most stable and reliable ways to grow your wealth. While markets fluctuate and property prices may rise and fall, the long-term cycle of real estate typically continues to offer profitable returns. The key strategy is to buy when the market is down and sell when it’s up—this approach generally ensures a solid return on your investment. If you’re interested in starting or expanding your investment portfolio, connect with your local RealHelp Real Estate agent to explore the various options available for property investment.
As a property owner, you want assurance that your investments are managed by a team of dedicated, ethical, and professional individuals. This is the commitment RealHelp Real Estate offers to all our landlords. We provide personalized services, from assisting you in purchasing the right property to finding a quality tenant who will care for your investment as their own. We pride ourselves on delivering exceptional service.
Property management is an industry subject to frequent legislative changes, making it crucial for your investments to be managed by informed professionals who follow the correct procedures to maximize your returns. By choosing RealHelp Real Estate, you’re entrusting your property to a team fully trained in all aspects of property management, with a deep understanding of the responsibilities of both landlords and tenants.
Here are a few key considerations when selecting a managing agency for your investment properties:
Selecting the Right Property Manager
Choosing the right property manager is a critical decision that can significantly impact your overall returns and the satisfaction you derive from your investment.
In recent years, property management has evolved from a simple rent collection service into a comprehensive investment management system. This shift has introduced new legislation and responsibilities, requiring both owners and agents to adhere to these laws to ensure fairness for all parties involved. In some regions, this includes compliance with acts like the Strata Titles Act and the Residential Tenancies Act, along with the deregulation of fees charged.
Given the complexities of these legal requirements, it’s more important than ever to have your property professionally managed by someone who is trained, experienced, and equipped to meet these evolving demands.
Property managers operate within licensed real estate agencies, making the agency owner ultimately responsible for your property. Therefore, it’s essential to choose a reputable and trustworthy company for your property management needs. At RealHelp Real Estate, we’re proud to have earned the trust of countless property investors and owners who rely on us to manage their properties with professionalism and care.
Our Property Management Services
When you choose RealHelp Real Estate to manage your property, you’ll be exclusively authorizing our agency to act on your behalf. We will appoint experienced property managers responsible for the day-to-day management of your property and tenancy.
Your property manager will serve as the guardian of your property, offering a range of personalized services, including:
- Thorough screening and selection of tenants
- Providing a clear explanation of owners’ and tenants’ rights and obligations
- Collecting rent and issuing receipts
- Arranging property repairs and maintenance
- Managing payments for utilities and council rates
- Processing insurance claims
- Enforcing lease agreements and handling tenancy terminations
- Reletting the property at the end of each tenancy to minimize vacancy
- Preparing and updating the property’s inventory
- Providing detailed reports on the property’s condition at the start, during, and end of each tenancy
This authority is granted for a specified period and continues until either party provides a 30-day written notice to terminate the management agreement.
Finding a Tenant for Your Property
Securing a long-term tenant is vital to maximizing your investment returns. As your selected agent, we will leverage our experience, knowledge, and resources to find a suitable tenant as quickly as possible—someone who will treat your property with care.
A stable, long-term tenancy is far more beneficial than frequent tenant turnover.
Open Homes: Given the high demand for rental properties, your property manager may suggest scheduling open homes at agreed times to attract a sufficient pool of potential tenants.
Advertising: Your agent will continuously monitor the best advertising methods to promote your property and attract the right tenant, ensuring the best return on your advertising investment.
To ensure your property is leased to the best possible tenant, we will choose the most effective channels to advertise the vacancy, which may include:
- Rental search websites
- “For Rent” signboards
- Internal database
- Social media
- RealHelp Real Estate inter-office referral system
We will provide an accurate account of advertising costs at the start of each new tenancy, and these costs are tax-deductible.
Your Responsibilities as the Owner
Owning an investment property is a popular method for building wealth, but it comes with certain responsibilities. As a property owner, you are expected to:
- Provide the premises in a clean and well-maintained condition, considering the age, character, and expected lifespan of the property.
- Comply with all relevant health, building, and safety regulations.
- Perform necessary repairs and maintenance, either personally or through professional services, to keep the property in good condition. Some repair expenses (excluding capital improvements) may be tax-deductible against rental income.
How to Set a Fair Rental Price
Setting the right rental price is one of the most important decisions you’ll make as a property owner. Your RealHelp Real Estate property manager is best qualified to help you determine a fair market rental value.
Consider the property’s condition, location, and the length of the lease term when setting the rent. Some owners make the mistake of setting the rent too high, which can result in longer vacancy periods and wasted advertising dollars.
Property Management with RealHelp Real Estate
In recent years, property investment has grown significantly across the region, with strong demand for rental properties and promising returns in both residential and commercial markets. However, managing a property is a complex and demanding task.
RealHelp Real Estate is a collaborative network of offices with deep local expertise. When you choose us to manage your investment, you’re selecting a team that provides stability, outstanding service, and the latest technology to make your investment stand out.
We understand that investing in property is one of the biggest decisions you’ll ever make. For investors, we aim to earn the right to be your first choice for all your property needs, now and in the future.
Choosing the right property manager can make a significant difference in your overall returns and the ease of managing your investment. When you choose RealHelp Real Estate, you’re joining countless happy property investors who have entrusted their most valuable assets to us.
Contact your local RealHelp Real Estate office to learn more.
