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Property Owner Frequently Asked Questions

1 Why should I use a Property Manager?

Managing a property or portfolio yourself  puts additional pressure on you in this already hectic world. Having an investment property shouldn't take you away from the things you love. That's where a property  manager comes in. We handle the nitty gritty which is a cost to you as it takes up your time. As a property manager, we'll take care of everything involved in having an investment so you can sit back and let us do the work while the property is making you money.

2 What does a Property Manager actually do?

A property manager does everything that a private landlord does.  We have industry benchmarks and standards we must adhere to which keep us on our toes. Also, we make it our business to know tenancy law inside and out. We need to these days. The role of a property manager is dynamic and ranges from the advertising/leasing of the property, monitoring rents, organising maintenance, financial reporting, inspecting the property, and liaising with the tenants to putting strategies in place that will not only increase its rental return but its overall value too. 

3 Will renting my property affect my insurance?

You must let your insurance provider know that you property is rented and  is no longer owner-occupied. Ask them what their 'landlord insurance' covers and make sure you have got the cover you should have. We are representatives for Real Landlord Insurance which is a product tailored for rental properties and covers the tenancy itself including some aspects of the dwelling. 

4 Do you use technology to manage properties?

At Stable we use state of the art technology to support the management of your property. Stable Property Management sets you up with your own client log in so you or your accountant can access all your account information in real time anywhere at anytime.

5 Can I use my own tradespeople?

Absolutely!  Mind you, we like to know who they are so we can monitor the work they are completing for your rental property and it's crucial that they are certified and insured. We have a large pool of tradespeople to call on who will carry out the smallest to the largest jobs promptly and cost effectively. 

6 How do you know if it's time to put the rent up?

The management of your property is our core business. If we didn't monitor the rental your property is achieving we wouldn't be doing a crucial part of our  job. When your property comes up for rent we conduct a thorough analysis of what's happening in the market and adjust the property's price point accordingly. 
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