Property Investors - Setting up for success
When looking for an investment property, there is quite a checklist to think about: location, property type, finance, building inspection and rental viability.
Sometimes a rental appraisal is provided by the listing agent, but why not get a second opinion from a specialist Auckland property manager?
You'll also receive up to date information about how the rental market is moving in that area and with that type of property.
We won't bid against you and we definitely won't share the property address with anyone else. We treat our clients' data with utmost confidentially.
If the property is already tenanted, vetting of the tenant is required as part of due diligence.
Also, there will be a number of key documents required at settlement if the tenancy is to continue with you as the new owner.
Perhaps there is a rent review due, which would help with yield from day one. Or special conditions that need to be factored.
For vacant properties, it may be possible to advertise for tenants before settlement and possibly sign with a tenant, so that when the title change is done and the keys are yours, the rent can start and reduce any rental downtime.
We work in with listing agents, vendors, tenants, any existing occupants.
Once your property investment is underway, our property managers will continue to handle the day-to-day issues, so you can focus on your next investment purchase.
With regular rent reviews and advice on low-cost ways to increase the property's yield, the numbers will be further improved in your favour.
Bringing a Rentex property manager onto your investment team is a sure way to reduce stress and achieve your goals.