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There has become a debate for some time regarding whether there is a requirement for a house manager to maintain one's investment property or to do it yourself. There are many arguments for and against and we will explore this further below. The role of a house manager A property manager could be regarded as a buffer between tenants and landlords. Property managers are hired by Landlords to control their investment property and be sure how the rent has been paid and care has taken. These managers are hired by landlords to handle a commercial or residential parcel intended for some foibles. Tattersalls Real Estate has their Dedicated Asset Management Division that surpasses the reach of the local corner real estate to ensure the investment property is constantly performing on their behalf. A few things that that Tattersalls Real Estate do for his or her landlords are: Advertise properties through the 2 major real-estate platforms. Read Full Article .com.au and Domain.com.au Extensive tenant screening, background checks, National Tenancy Database checks, Chronological audit of the tenants past rentals and employment. Manage financial accounts and convey statements Pay outgoing on behalf from the Landlord Receive and disburse rent from your audited trust accounts Complete Quarterly property inspections with photos Complete random curb side inspections to be sure there aren't any extra people staying at the home Source and organise tradespeople for performing repair and maintenance jobs Ensure all works and notices are in accordance with NSW legislation. Property Management Property Management The Landlord Occasionally, tenants possess the 'Tall Poppy Syndrome' in regards to how they see their Landlords and a home manager is the best buffer to relieve this and step in to state 'No' if needed, or ensure all notice continues to be adhered to when serving breach notices for failure to spend rent or ensure care for the house. Managing a couple of properties can be time consuming and expensive and frequently result in an unproductive way of managing assets. Having to visit open inspections, routine inspections or travel to the exact property each and every time there's a repair issue. That's what the home manager does for his or her Landlords, is take all the stress out in the process. The real difference The real difference is, Tattersalls Real Estate's Dedicated Asset Management Division can find better tenants even as gain access to both major real estate property domains that are harmful for someone managing a few properties. Often Landlords is only able to advertise their own properties on Gumtree and so on, which unfortunately receives tenants who are more prone to don't have any or poor rental history. When hiring Tattersalls, you do have a team of specialist, Accounts, Marketing, Repairs and Property Managers all with years of experience together with street smart and knowledge of legislation. Our audited trust accounts ensure every cent is taken into account and provide reports for your requirements as needed, free of charge. All for the competitive fee of just 4.4%, Tattersalls can manage your premises and do what we do best whilst allowing you to still take your time and on what you need to do best