Rental Property Manager

Finding a Rental Property Manager

Rental property management can be time-consuming and stressful. For full-time workers, or those with multiple properties, you may have considered working with a professional property manager. Property managers handle all rental-related aspects of your property, from finding tenants to drawing up lease agreements. They are a great choice for homeowners looking to reclaim their personal time. 


What does a rental property manager do?

Rental property managers are responsible for bridging the gap between homeowners and tenants. They may manage some or all aspects of your rental property. Property management services include finding and screening tenants, organising maintenance and repairs, and handling legal paperwork. They may also be involved in marketing and advertising for your property. 


Professional property management service will oversee day-to-day operations on your behalf. They are experts at negotiating with tenants and providing transparent communication for homeowners regarding their property. Rental property managers provide expert advice and assistance for leasing rentals. Most property managers have experience in leasing both residential and commercial properties. 


What are the benefits of using a rental property manager?

Working with a rental property manager comes with a range of benefits. This includes more free time, less stress, and expert advice. Managing property is time consuming, and difficult for full-time workers. You need to advertise your property, find good tenants, and draw up lease agreements. You need to be available for tenant enquiries, and may need to schedule emergency repairs on weekends or evenings. When you hire a property manager, they’ll take care of the property and you can sit back and relax. 


Having a property manager also means accessing a wealth of knowledge and industry expertise. Property managers know the rental market inside and out. They ensure you find the right tenants, get a fair rental price, and have up-to-date paperwork. Property managers are experts at handling tenant disputes, rent increases, and marketing. 


How much do property managers charge for rentals?

The typical rate for property managers is between 7-10% of the property’s total rental income. The fee covers the cost of marketing the property and managing tenants. Property management prices will vary based on the property, location, and services. You may not require the full scale of services offered. Most rental property managers allow you to customise their services to suit your needs. This will have an effect on the cost. 


When you’re using an investment property for rental purposes, you may be able to claim property management fees on tax. Find the rental expenses you can claim now to see how you can manage your property cost-effectively. 


How do I find a good rental property manager?

RMA offers exclusive property management services for homeowners. We’ll handle your property, tenants, and legal paperwork while you focus on living your life. Good property management starts with experienced, dedicated property managers. RMA provides a diverse range of services across residential and commercial leasing properties. 


Chat to our friendly team today and discover how our property managers can help make the most of your rental property.

RMA Rental Management Australia