Property Management Fees
Property management fees vary from each area and also each rental property company. Property management fees include letting fees and re letting fees, management fees, also repair fees etc. A good rental property manager will explain the fees to you and they will also be clearly written in the management agreement. In Australia Brisbane property managers and Gold Coast property managers do not all provide clear explanations on their property management fees. A company that does is Only Property Management , who as a result have an excellent reputation with home owners and tenants alike.
When renting in a home it is important to choose a home that is low maintenance, this will allow you to spend time on other things than doing the chores around the house. The rent you are paying is going to the land lord so that they maintain the property in a reasonable condition. it is important to contact your property manager as soon as possible when repairs need to be done. This means the landlord will get to the repairs sooner and your home will be in a better condition for you to enjoy.
As a landlord you need to make sure that the rental property manager is earning the property management fees they are charging. Make sure they notify you of repairs when they need to be done. Make sure they do good background checks on the tenants that are applying to rent your property. Property management fees need to be worth what you are getting so always pay attention to them and the work your property manager is doing.