Not a blog -
a pop up article

EXCLUSIVELY MANAGED

Our Pop Up Article is an exclusive one page board found locally and online providing you with updated knowledge on property management strategies, information and experienced management advice. We will have our pop ups back up in your area soon! You can find them below and don’t forget to subscribe.

WHAT IS YOUR INVESTMENT WORTH TO US?

BY SAMANTHA EASON

What comes to mind when you hear “Property Manager”?

I will be the first to admit that this is probably not a positive thought. I have heard this complaint on numerous occasions; they do not respond, they fail to act promptly on maintenance requests, and you may have had a poor experience as both a tenant and a landlord.

What is your property worth to Exclusively Managed?

Our clients’ investments are worth a lot more than a few extra managements, or numbers within our rent role. We aren’t in the game to sell the business in a few years.

So what exactly do we want from you, and your investment?

Client satisfaction? Yes, but not the reason we do what we do.

It’s the actual success of the property. The growth, the long term tenants, the ability to minimise disputes, the ability to find someone a home, or hand back a home in a good condition.

The management of our clients investments, that comes down to the time we put into physically (and mentally) managing the property.

You won’t have a successful investment, cutting costs and saving a few extra dollars on cheaper management fees.

But, as far as the actual management of the property is concerned, that is up to the client. The choice is yours.

What is your expectation of the property manager and the reports they provide?

What fee is reasonable for a Property Manager?

How much time should be put into the property?

What are the risks associated with a poorly managed property?

An insurance claim is rejected.

Financial hardship.

Property damage?

Let’s take a step back. What is your investment worth to you?

ZERO RENT ARREARS

BY SAMANTHA EASON

Before you think or say otherwise, when I say we have Zero Rent Arrears, I am not hiding behind this signboard with a couple of customers a few days behind in rent and none ‘in the red zone’.

I mean, Exclusively Managed have zero tenants behind in rent, at all.

Yes. It can be done. How?

We effectively communicate with our customers.

We put the right customers into our clients properties.

And if any of our customers ended up behind in rent, we communicate this and our strategy in place to have them ahead again.

We know first hand that a change of circumstances within a customer’s situation can change a whole relationship within a tenancy.

It is more important that we do effectively communicate and put a plan in place should anything change.

But really and most importantly, we are really good at what we do.

Want to know what else we are good at?

AHEAD OF THE MARKET

BY SAMANTHA EASON

It’s no secret, it is not difficult to find new tenants right now. Brisbane has not seen a rental crisis like this before and vacancy rates are at an all-time low. This is becoming a stressful situation for everyone and is the start of an even bigger problem.

We are moving into properties without having many or any upgrades completed which can assist with ‘rent appeal’ and overall investment health and upkeep.

What happens when this stops?

Are you wondering if you are in a position now where you could achieve better results for your investment property?

As part of our all-inclusive service Exclusively Managed complete an additional inspection throughout the management of each property every 12 – 24 months. In this inspection we put more focus on upgrades & repairs that will result in higher rent and more importantly, more manageable assets.

We’re not saying we don’t do this normally during our Routine Inspections, what we do here differently is an inspection part of our Routine Inspection, that is focused on the health of your investment property. 

What can we make better?

How can we earn you more money and can we do something that will keep your tenants longterm?

If you find yourself with a higher turn over of tenants, a high maintenance bill every quarter or constant pushback from your management, your investment this approach and our unique
growth strategy .

Most agencies outline simple repairs during the management; carpet replacement’s and minor upgrades, and the general maintenance required – and this usually when something breaks. 

What you need to ask yourself is, is your agency now going above and beyond and isn’t it time you started expecting more?

So what does being Ahead Of The Market Really Mean?

Being ahead of the market means we can strategically put in place and oversee more intensive solutions, including kitchen & bathroom renovations, that focus on the overall health of the investment and can place the property in a strong position for renting and even selling in the future.

What is the house doing down the road, and how can we do it better?

Not only does this strategy maintain the overall condition of the investment and help achieve the highest rent possible, tenants are happier and you’ll find they will be in your property longer.

“The aim of successful Property Management should be to maintain and increase the value of the asset whilst obtaining the highest possible capital return.”

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