If you are a very busy real estate investor, it can be very challenging for you to be there for your tenants whenever they need
Read MoreTips for hiring strata managers in Gold Coast
If you are thinking about hiring a property manager it is essential that you keep certain things in mind. The strata manager has a lot of responsibility and they have to make sure that they follow through with the basic laws governing the buildings rules and regulations and also ensuring that all the individuals living in the building are being the rent or their maintenance on time.
If you live somewhere else other than Gold Coast it might not be easy to handle everyday dealings related to the property that you own. Handling everything on your own can therefore become quite stressful in the long run. This is why most landlords prefer hiring strata managers in Gold Coast.
What you need to keep in mind before hiring strata managers in Gold Coast
As the owner of the building you need to think just the way a manager would think when it comes to handling the different issues.
It is necessary to hire a building manager who has got the right kind of experience when it comes to managing the building. Instead of going for somebody whom you think is charging you less than those in the market you may want to consider somebody who is experienced and has a good reputation.
A building manager usually charges fees based upon the percentage of a rent which is charged. In certain areas it can be quite costly but if you hire a property manager who would charge you around 10% of your rental rate it may not be so difficult for you to do so.
On the other hand there also property managers who usually charge flat fees regardless of the rate of the rent is. For example they may charge you about $200 per month for full service of the property management.
Before you hire a strata manager in Gold Coast it is important that you should have the necessary references. This is because it is essential to make sure that they are going to provide you with service and deliver on their promises. Follow up on the references that they have provided to you so that you can know all about them. You might also want to talk to other land lords who might be using the services and see what kind of services they provide them with.
It is also important to check their qualification and see whether they have the necessary experience in handling property Management. It is important that they are complying the maintenance of the buildings according to the regulations laid down by the government or the legal body. It is essential that you provide them with a list of your expectations so that they would be able to manage your property the right way. If you have already outlined the expected duties you can rest assured that they are going to carry it forward.
StrataSphere offer body corporate services. Get in touch with them to inquire about their services.