Customer Stories - Seung J.
Find out how RentBetter is helping first-time landlord Seung manage his property.
Find out how RentBetter is helping first-time landlord Seung manage his property.
Seung J. - RentBetter Customer
Seung is a brand new landlord in his 30’s who has recently started using RentBetter to manage his very first property.
We were really thrilled to hear that RentBetter was his choice for self-management, so we wanted to find out what was behind the decision and whether he's enjoying the experience.
Seung said that he did some research and had initially got quotes from agencies. Looking over the proposals he said that the overall cost (around 10% factoring in associated fees) didn’t seem to match up to the work involved and the benefits.
On comparison, he said the value he found he was going to get from RentBetter with automatic alerts and receipts, transparent tracking and a platform that can be used by both the landlord and the tenant was far better value for a much lower cost so he decided to give it a go.
Seung believes that as an owner, you still need to be involved quite a bit when a problem arises, whether or not you use an agent, so he is giving it a try to gain exposure to what's involved and familiarise himself with the rules.
Seung said his experience has certainly been made much easier with the use of the RentBetter platform but there are still some things that you need to be prepared to do like understanding the procedures and regulations.
"I highly recommend anyone to use this unique service. It tracks payments, and when tenants are late on a payment, it automatically sends a notice and tries the transfer again in 24 hours. This is incredibly helpful. It is a great platform that generates professional agreements, reports and receipts and the team at RentBetter are also very prompt in responding to enquiries and offering advice"
Even though each state has slightly different regulations, RentBetter has built this into the platform to simplify things. Whenever you send a lease agreement, the right agreement will be auto-populated based on your property location. If you’re looking to set up the bond, the rules based on your state will be provided.
Seung is signed up to the Match, Manage and Maintain plan which gives property owners the ability to advertise and find a tenant as well as access to all the tools to then manage that property like Lease Agreements, Condition Reports, handling the Bond, Rental Payments, Receipting and Reports - all in the one place.
Since joining RentBetter, Seung said he has felt like a total professional and feels confident that he’s able to handle things himself. Seung said that the professional appearance that RentBetter allows him to have helps to deter many potential issues from tenants.
To learn more about the RentBetter platform and see how it can help you manage your investment property, get in touch with our friendly team at info@rentbetter.com.au or sign up to experience it for yourself.
Learn how the RentBetter platform can help you self-manage your rental property. Register below to watch the demo video.