LJ Hooker

A Seasoned Property Investor’s Guide to Maximise Returns p. 41 8 Ability to manage problems Things go wrong, tenants go missing in action and skip paying rent, the plumber fails to show up, and the landlord fails to send important paperwork. A property manager’s ability to think outside the box and manage problems is a winning quality. This is hard to assess, but perhaps ask them to give you an example of how they have handled a situation when it went wrong. You can also discuss this with their clients when you do reference checks. 9 Committed to further study Property management legislation changes constantly, so it’s important to find a property manager that demonstrates their commitment to study, to stay on top of legislative changes and to be aware of property investment law. Being part of a network that has a strong tradition of training is a bonus when choosing a property manager.