LJ Hooker

A Seasoned Property Investor’s Guide to Maximise Returns p. 48 Evaluating Your Current Property Manager 07 Lack of property management expertise Does your property manager have the experience to attract and screen potential tenants, do thorough reference checks, and review potential tenants’ rental history? Experienced property managers, like the ones working at LJ Hooker, see hundreds of rental applications every month, and are experienced at attracting and identifying the best tenants. While you have the final say as to who rents your property, if your property manager lacks these important skills and you’re finding the quality of tenants put forward to you for consideration aren’t appropriate, it may be time to look for a more experienced management team. Do they inform you of legislative changes? Is your property manager up to date with the constantly changing legal requirements? Are they attending training and education programs to stay across any legal changes and advising you as to how this may affect you and your property? If they are not up-skilling themselves and communicating with you regularly, it may be time to change teams.