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Finding a tenant is only the beginning. In this week's article, Katie explains why the real work starts after the keys are handed over, from maintenance and compliance to rent reviews and renewals, and why many landlords discover that full management is worth far more than they expected.
The rental market is still growing, but the way properties are managed has changed. August is a useful time for landlords to review tenancies, rent processes and record-keeping.
Managing your own rental can look like an easy way to save money. But what happens when you factor in your time, maintenance, compliance and the risks you may not even know youβre carrying? Neil found out during his first year as a landlord.
Getting the tenant moved in is only the beginning. From rent collection and maintenance to inspections, compliance and keeping your tenant happy, effective property management protects your investment and keeps everything running smoothly. Hereβs what happens once the tenancy begins.