If you’re like most of Brisbane landlords, you’re probably hearing about the pressure of the rental crisis. It seems like every day there’s a new story in the news about rental prices skyrocketing and vacancy rates hitting all-time lows. So what can you do to make sure your Brisbane rental property is generating the best return on investment? One option is to appoint a property manager. But with so many property managers out there, how do you choose the right one? In this blog post, we’ll give you some tips on what to look for in a Brisbane property manager and how much they cost.
A good Brisbane property manager will have a deep understanding of the local market. They’ll know what rental prices are achievable and how to market your property to attract the right tenants. They should also have a strong network of contractors and tradespeople who can help you keep your property in top condition. And, most importantly, they should be able to provide you with peace of mind that your investment is in good hands.
So how much does a Brisbane property manager cost? It depends on the size and location of your property but expect to pay around 7% to 9% of the weekly rent. These fees cover things like marketing, rent collection, maintenance and repairs, and tenancy agreements. You should watch out for property managers who offer a low management fee but then charge for extras such as inspection and lease renewals. These should be included in the management fee.
We hope this blog post has given you some useful information on how to choose the best Brisbane property manager for your rental property. If you have any questions or would like to lean more about our services, please don’t hesitate to get in touch. We’re always happy to help!
Our 5 biggest tips for find the right property manager
Trying to find a Brisbane property manager can be tricky – there are hundreds of agencies out there and each one will claim they’re the best. So how do you know who to trust? Here are five things to look for when choosing a Brisbane property manager:
- Local market knowledge: A good Brisbane property manager will have their finger on the pulse of the local market. They’ll know what rental prices are achievable and how to market your property to attract the right tenants.
- Strong network: A good Brisbane property manager will have a strong network of contractors and tradespeople who can help you keep your property in top condition.
- Peace of mind: A good Brisbane property manager should be able to provide you with peace of mind that your investment is in good hands.
- Competitive pricing: When it comes to pricing, you should expect to pay about 7% – 9% of the weekly rent. Watch out for property managers who offer a low management fee but then charge for extras such as inspection and lease renewals. These should be included in the management fee.
- Expertise and experience: Choose a Brisbane property manager who has the expertise and experience to manage your rental property effectively.
You’re property manager’s job is the minimise your risks and maximise your returns.
If you’re looking for a Brisbane property manager who ticks all of these boxes, get in touch with us today. We’d be happy to chat with you about your needs and how we can help. 1800 BOND 007
