LJ Hooker

A Seasoned Property Investor’s Guide to Maximise Returns p. 37 2 Local market knowledge Having a strong understanding of the local market is crucial. Firstly, so they understand the value and potential rent you can realise from the property, and secondly so they are aware of any particular local regulations enforced by the local council. Plus, they then have local tradespeople and can be on-site at your property if things go wrong, and they know how to reach and attract the best quality tenants. A local property manager gives you a big advantage.