Three Signs It’s Time To Break Up With Your Property Manage

 

Choosing a property manager is like choosing a romantic partner – getting it right (or wrong) can have a major impact on your happiness and financial well being. Like a romance, there can be warning signs that you’re no longer in the honeymoon stage. If any of the below red flags sound familiar to you, it might be time to give us a call!

You don’t get the attention you deserve

You’ve been a ‘valued client’ for years, but you never seem to hear from your property manager unless there’s something wrong. The updates stopped long ago – for all you know you’re one email away from being told your tenant is in arrears or has given their notice to end their lease. It feels like you’re being taken for granted, as if the love faded long ago. Nevertheless, you’ve stayed, trying not to think that indeed the grass really could be greener on the other side.

You’re worried about your finances

Perhaps you’re leveraged to the hilt, and a few months of your tenant’s arrears could result in loan arrears for yourself. Maybe the rental market is showing signs of slipping, and you’re worried your rental income could take a hit. Or perhaps you feel like you’re just not getting the most out of your property. This isn’t how a property manager should make you feel. Like any relationship, it’s incredibly important to feel financially secure, confident that your partner is acting in your best financial interests.

You have no peace of mind

You genuinely can’t put a price on peace of mind. You bought an investment property for financial freedom, yet it feels like you’re trapped by your investment. This was never how it was meant to be. Just like seeing that happy couple when you’re feeling unsatisfied, you know that some lucky others are blissfully enjoying their relationship and everything that it provides. The question is, will you end it?

If you’d like to discuss how Certainty Property can help you fall in love with your property manager again, feel free to give us a call on 1300 577 298 or send an email to simon@certaintyproperty.com.au