Property Management Fees: A Necessary Investment To Cater Problems

Jul 25, 2022

Property Management Fees: A Necessary Investment To Cater Problems

If you take care of your own properties, then you’ve undoubtedly heard of property management companies before. These wonderful businesses can help landlords handle their workload, keep their tenants happy and ensure that their properties stay well-maintained. But, just like any other hired help, you will need to pay your property manager for their service.

There is one big thing that many people wonder when deciding whether to hire a helpful property manager – is hiring a property manager worth the money? Paying attention to your budget and using your cash intelligently is a very important part of managing your property, so it’s good to put thought into every new expense you have.

So, is hiring an experienced property management company worth it, or should you save your money and do all the work yourself?

Why Should I Spend The Money To Hire A Property Manager?

Just because you’ll pay your property manager for their work does not mean you’re losing money. In fact, a good property manager can actually help your business, and you may even see more profits in the future. 

Not only that, but a well-trained property manager can improve your life in many other ways. Their professional assistance can make your job much less stressful.

A few incredible benefits that you should be aware of when selecting your property management company are:

You Will Save Time. One of the best benefits of hiring a good property manager is that they will take some of the workload off your shoulders. So, if you have often felt overworked or exhausted, they can be a significant help. 

Property managers can assist you with a plethora of management tasks such as collecting rent, setting a realistic and profitable rental rate, inspecting your properties for any issues and more. These tasks can be stressful and frustrating and take up a lot of your time, but having some extra help can make them easier.

This property management benefit is also wonderful for people who have other passions or interests that they want to pursue. After all, partaking in your favourite hobbies can be difficult when you’re busy managing your properties on your own. 

They Can Find Quality Tenants. A problem tenant may give you issues for many years. Whether they don’t pay their rent on time or they constantly mistreat their property, no landlord wants to deal with a problematic renter. So, it’s essential that you’re diligent and smart when you search for new tenants for your vacant properties. 

Luckily, a great property manager knows the best ways to vet new tenants and find a reliable renter who will pay their rent on time and treat their place with respect. They will know how to spot red flags in applications and what to look for when searching for someone dependable. 

You Can Save On Maintenance And Repairs. It’s your responsibility to take care of any problems that appear in any of your properties. And, unless you already have good connections with respectable contractors, finding good help at reasonable prices can be tough.

A reputable property management company will most likely know the best contractors and workers in the area and will be able to hire them at a good price.

They Can Help You Avoid Legal Issues. New Zealand has some laws and regulations that affect landlords and other people and matters that have to do with managing property – and if you are not familiar with up-to-date laws, you could unwittingly find yourself in legal trouble. Unfortunately, legal issues can end up with expensive fines and troubling lawsuits.

A helpful property manager at your side can help you avoid legal trouble by helping you do everything right. For example, an experienced manager will be familiar with New Zealand’s privacy laws and will help you know what you’re allowed to say during an interview with a prospective tenant.

Where Can I Go For Quality Property Managing Help In New Zealand?

As you can tell, having an excellent property manager at your side can benefit you in heaps of different ways. From saving you time to avoiding troublesome lawsuits, your job can only become easier with their help – and, if you’re interested in finding someone to help you with your properties, we encourage you to reach out to us at At Home Property Management. 

We are an experienced team that is here and ready to help New Zealand property owners manage their properties like experts. We focus on service and strive to make your property investment work for you. 

If you are considering hiring us, then you most likely have a few more questions or thoughts about what we can do for you. So, to get in touch, you can reach us through our contact page or give us a call at 022 303 3449.

Make your property investment work for you with us at At Home Property Management!

Contact us today to discuss how we can maximise your returns and save you more!

To save you more we only charge a flat rate of 7% with no additional costs for advertising, vetting, inspections, maintenance management or admin fees, Plus you will get:

FREE MANAGEMENT FEES FOR Your first 3 months

NO tenant placement fees ( old letting fee )

NO maintenance management fees

What our clients say
Contact us today to discuss how we can maximise your returns and save you more!

Gregory Young
Mobile Rental Property Manager
Hamilton & Tauranga

Phone: 022 303 3449

E-mail: Gregory@AtHomePropertyManagement.co.nz

Address:
PO Box 24129
Abels
Hamilton 3253