21/08/2019
Right now, it's a busy tax time for most of us. It's also an opportune time for us to look into the total fees we paid to our Property Manager last year and what our Property Manager spent on property maintenance jobs.
Fees for inspections, annual statement, tenancy checks etc all adds up to over 10% in total property management fees. Add to that, the ongoing maintenance cost, specially if they are not carefully managed and you will be looking at an average of total 25% of your rent eaten away by fees and maintenance costs.
No wonder many Landlords are wondering that if they will ever generate a reasonable income from their property investment. If you are one of them, it's time for you to do some home work. To find out how our customers keep their fee and maintainancence costs low, please call us today.
Hire the right property manager by asking the right questions. Ask questions about fees charged, services provided and how money is managed.