How Can I Reduce Management Fees?
Are you a landlord that spends thousands of dollars a month on management fees? Do you want to save money on rental management and boost your property cashflow?
Well, it might be time to consider self-managing your rental property as real estate agent fees might be one of the biggest expenses of owning your investment property (after home loans). A recent study showed that one in four Australian landlords manage their own rental property, without using a real estate agent. This means that those landlords are pocketing the money that others are spending on real estate agents. If you want to pocket this money too, it might be time to start considering managing your own rental property.
Learning how to manage your own investment property can be extremely rewarding. As a landlord, you will learn how to perform a number of management tasks. This includes communicating with tenants, calculating and collecting rental payments, and staying on top of maintenance requests.
The RentBetter Rental Management Platform can help you simplify the management process – here’s how!
How To Manage Your Own Property
Rent better with RentBetter! A number of management tasks can be fairly mundane, repetitive and straight forward. With RentBetter, once you onboard your tenant, a payment schedule is created for both owner and tenant where you can see payment dates and a ledger based on the history of payments. If a payment is missed or fails for some reason, notifications and alerts are sent to owners and tenants to take action quickly.
It’s time to save thousands of dollars on rental management. With access to professional real estate tools, landlords can stay in control of their rentals and maximise returns on their investment. Visit Rentbetter.com.au for more info!