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6 Ways Metrocity Will Save You Money

Автор: Metrocity Realty - Real Estate West End, Brisbane

Загружено: 2022-03-15

Просмотров: 14

Описание: Hi, its Crichelle from Metrocity Realty and today I wanted to let you know 6 ways Metrocity will save you money.

1. Vacancy, a vacant property is the biggest cost to a landlord.
This is why we put all our efforts in to marketing your property effectively. We ensure your property is marketed right from the start with professional photography and highlight rental listings on realestate.com.au so your property stands out from the clutter.

We also use an online booking systems to ensure tenants can book in inspections from the comfort of their home 24/7. Our designated leasing officer has been trained to rent properties. They are available Monday to Saturday to ensure all potential tenants have the opportunity to view your property.

With our approach we have succeeded with a 1.4% vacancy rate which is well below the industry average.

2. We can save you money on general maintenance and repairs

At Metrocity we have a range of connections in the home repair and maintenance business who are willing to offer their services at a reduced price for continued business. That means you would benefit from the existing relationships your property manager already has.

Not only will you be benefiting from a great tradesperson our team are also trained to trouble shoot any issues before sending out a tradesperson to your property. This saves money on unnecessary call out fees when issues can be handled by us.

3. Zero rent arrears policy
Rental properties should make money, not cost you! This is why we have a very strict zero rent arrears policy and we educate our tenants from day one of our policy. There will be no surprises when you receive your statement of a tenant not paying their rent.

4. We minimise the risk you’ll lose money through bad tenants
It’s always the risk you run when renting out your property, the possibility of having ‘bad tenants’. But bad tenants aren’t just a nuisance, they’re also a drain on cash. Tenants can potentially cause damage to your property that their bond amount won’t entirely cover, and if you need to take them to court over damages, unpaid rent or other disputes, this itself can be a very costly process.

This is why we have a thorough vetting and screening process for any potential tenants, weeding out any trouble makers before they ever become bad tenants.

We look for:
Good employment history
Good rental history
Finances in good working order
No complaints from previous landlords or property managers
It is in our best interest to spend the time to thoroughly investigate a tenant’s situation, call current and past employers, and former landlords and property managers, ensuring you end up with tenants who’ve past the test.

5. Wealth of Real Estate Legislation Knowledge
We know property legislation inside and out, which takes the risk out of owning an investment property for you. As part of our role, we need to know what makes a property legally habitable, down to all the necessary repairs to the structure and exterior of a property.

If a tenant were to be injured as a result of your property not being up-to-scratch, you could be in for a potentially very costly lawsuit.
At Metrocity we are big on training and continually improving our knowledge on insurance requirements, legislative changes, landlord-tenant law and industry market trends to ensure all clients and their properties are well protected.

6. We are all about wealth creation
As a busy owner-landlord, there is a lot to consider when it comes to maximising the return on your property portfolio. How should you optimise the return on your investment? What strategies are there to minimise vacancies? How can you negotiate the best rental rate for your property?

At Metrocity we are constantly monitoring the market, we are familiar with the areas we work in and all types of dwellings. We know what other tenants are paying and what others are likely to pay. We also attend weekly training sessions to ensure we have the skills to negotiate an optimum rental rate as well as having the expertise to assist in further enhancing your investment.

Our whole job is managing rent, tenants, researching the market, and keeping up with legislation. We have the tools, systems, processes and training to ensure we are doing it in the best way possible.
At the end of the day, Metrocity is here to save you a huge amount of time, stress and cash!

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