If you’ve purchased an investment property, you may find that there are several advantages to using a property manager, rather than managing the property directly.Private owners are bound by the same legislative requirements as property managers in their dealings with tenants. This means that if you are taking the task on yourself, you will need to stay up to date with constantly-changing legal requirements.
Whether you are overseas or based in India, you’ll want to make the most out of your real estate investment.
You may have plans to purchase an investment property, or already own a home or apartment to rent out to tenants.
Either way, Agathos Property Managers can help you maximise your returns – offering a mix of investment and property management to address every possible circumstance on your behalf
Why use a property manager?
Many landlords and investors are financially savvy, but some can be left in the dark when it comes to finding tenants, dealing with day-to-day property issues or legal jargon.
The team at Agathos property management takes all the hassle out of managing and maintaining your rental property. Our first step will be to ensure you get the right tenants – our detailed processes for checking applications will ensure your rental income is secure.
We’ll also keep on top of the maintenance at your rental property and will contact you immediately in the event an issue arises.
When you choose Agathos property manager to manage your investment property, we can act as an intermediary between you and the tenant. This is particularly useful in the event of any problems that arise during the tenancy – your Agathos property manager can help to moderate the situation and prevent any ill feeling over late or unpaid rent and repairs.
Agathos property managers can also help you find the best tenants for your property. At Agathos, our years of experience in your local area enables us to ask the right questions and ensure all the correct paperwork is properly organised so you are in an excellent position to enjoy a secure tenancy.
We are able to access valuable information about your prospective tenants’ previous rental history and other information to help you make an educated decision.
Agents tend to generally wield a considerable amount of influence over trades people due to the sheer volume of work they supply them with. They can therefore be a very useful connection to have when a repair needs to be attended to urgently or after hours.
As mentioned previously, there are several legal scenarios that can arise from property management.
From the very beginning of a tenancy, your Agathos property manager will ensure the correct processes are carried out to help put you in the best possible position.
The condition reports and lease are likely to be the most important documents in the entire tenancy process. Choosing to use a property manager can ensure all the initial paperwork is prepared correctly.
Your Agathos property manager can also take quick, effective action should any legal issues arise during the rental period.
These can include handling complaints from neighbours, taking the necessary steps to avoid vacant possession if necessary, serving notices if a tenant does not pay rent and a variety of other situations.
As a landlord, you may find that disputes over late rent – or situations where rent has not been paid at all – have the potential become difficult and emotional if you are dealing directly with your tenant. Your Agathos property manager can work to help diffuse these situations and come up with fair, objective compromises and solutions that take the needs of all parties into account.
In the event your property has been damaged and you need to appear before a tribunal, having an experienced agent in your corner can make a world of difference. A property manager can either handle the matter on your behalf or work with you to achieve a satisfactory outcome.