Thorough Tenant Screening

Conduct comprehensive background checks, including rental history, employment verification, and credit checks. This process helps assess a tenant’s reliability and financial stability.

Reference Checks

Reach out to previous landlords or property managers to inquire about the tenant’s behaviour, cleanliness, and adherence to rental terms.

Clear Communication

Maintain open and transparent communication throughout the leasing process, clearly outlining expectations and responsibilities to potential tenants.

Well-Drafted Lease Agreements

Use robust lease agreements that cover essential terms and conditions, such as rent amount, duration, and maintenance responsibilities, to ensure mutual understanding.

Regular Property Inspections

Conduct routine inspections to monitor the property’s condition and address any maintenance concerns promptly.

By implementing these tips, property managers can increase the likelihood of finding reliable tenants who will respect the property and fulfil their obligations.

Finding great tenants starts with great property management. Discover how Pure Real Estate’s Brisbane property management keeps your investment protected and your property occupied.

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What Happens When Self-Management Goes Wrong

In a recent management takeover case, the owners had previously self-managed their property for five years and saved approximately $10,000 in management fees. However, during those five years, the owner did not conduct any routine inspections, which led to significant property damage. The tenant also stopped paying rent.

The Cost of Neglected Inspections

The damages identified on takeover included a kitchen that needed to be gutted or fully cleaned, a living area requiring a total repaint, busted lights throughout, missing doors, and exterior damage — all estimated to cost between $3,000 to $5,000. Without landlord insurance, all expenses were out of pocket, resulting in a total loss of approximately $40,000 to $50,000.

How a Property Manager Protects You

These issues could have been identified early on if the property had been managed by a professional conducting regular routine inspections. Russell urges property owners to seek professional help if they haven’t conducted routine inspections in over 12 months or are unsure of the condition of their property.

By getting professional help, you can avoid making costly mistakes and losing money in the long run. We encourage owners to take advantage of the current strong rental market and ensure their investment is well-protected.

Don’t risk your Brisbane investment without professional management. Discover how Pure Real Estate’s property management protects landlords every step of the way.

The post The Dangers of Not Hiring a Property Manager appeared first on Pure Real Estate.

1. Reliance on Inexperienced Staff

One of the most indicative traits of a bad property manager is their reliance on inexperienced or junior staff to cut costs. This is often done without providing adequate training, which can lead to major inefficiencies and poor service. This not only impacts the quality of the property management services offered, but it can also cause major headaches for property owners and tenants.

2. Lack of Effective Operating Software

Another trait of a bad property manager is their lack of effective operating software. This can lead to massive inefficiencies and can make it difficult for property managers to keep track of important information and manage their properties effectively. It can also make it difficult for property owners and tenants to access important information and communicate with the property manager.

3. Inability to Support Invoices and Expenses

A third trait of a bad property manager is their inability to support all of your invoices, rates, and expenses. This can create major problems for property owners, as it can lead to overcharging or undercharging, which can result in lost revenue or unexpected expenses. It can also create problems for tenants, who may be charged incorrectly or have their payments mishandled.

4. Lack of Regular Training on Legislation

A fourth trait of a bad property manager is their lack of regular training and updates on legislation. This is important because the property management industry is constantly changing, and property managers need to be up-to-date on the latest laws and regulations. Without regular training, property managers may not be aware of important changes that could impact their ability to manage properties effectively.

5. Limited Property Inspection Reports

A fifth trait of a bad property manager is their limited property inspection reports. Property inspections are an important part of property management, as they allow property managers to identify and address any issues with a property. If a property manager only provides two inspection reports per year, they may not be able to identify and address problems in a timely manner, which could lead to costly repairs and unhappy tenants.

6. High Staff Turnover and Frequent Management Changes

A sixth trait of a bad property manager is their high staff turnover and frequent changes in management. This can create major problems for property owners and tenants, as it can lead to a lack of consistency and a lack of knowledge about a property. It can also make it difficult for property managers to develop a good working relationship with their clients, which can impact their ability to provide effective property management services.

Choosing the Right Property Manager

In conclusion, it’s important for property owners to be aware of the indicative traits of a bad property manager. By avoiding property managers who exhibit these traits, property owners can protect their investments and ensure that their properties are well-managed and well-maintained.

When it comes to choosing a property manager, it’s important to consider all of your options and select a company that will provide high-quality services and support. Pure Real Estate is one of the leading property management companies in the industry. They have an experienced and knowledgeable staff, use advanced technology, and are committed to providing excellent customer service.

Is your current property manager delivering? If you’re experiencing any red flags, talk to Pure Real Estate about switching to better Brisbane property management.

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Why Routine Inspections Matter

Routine inspections are an essential part of maintaining a successful rental property. These inspections allow landlords and property managers to identify any issues or concerns with the property, and take appropriate steps to address them in a timely manner.

What We Check During Inspections

During our routine inspections, we conduct a thorough examination of the property, including all common areas and individual units. We check for signs of damage, wear and tear, and other potential problems, such as pests or other issues.

In addition to checking for physical issues, our routine inspections also include a review of the property to ensure that it is being used in accordance with the terms of the lease agreement. This helps us to identify any potential violations of the lease, and take appropriate action if necessary.

Protecting Your Investment

We believe that conducting regular routine inspections is crucial for ensuring the success of our rental properties. These inspections help us to identify and address any issues or concerns, and ensure that our properties are well-maintained and in good condition. By conducting routine inspections every 16 to 20 weeks, we can help to prevent costly repairs and other problems, and provide a better living experience for our tenants.

If you would like to have a no-obligation chat about our current promotion or property management process, please give us a call on 0406 743 965 or submit an online enquiry.

Are your Brisbane rental property inspections up to date? Our Brisbane property management team conducts thorough routine inspections that protect your investment.

The post The Importance of Routine Inspections for Rental Properties appeared first on Pure Real Estate.

What’s Included in Our Promotion

Our standard property management agreement includes this special offer, which means that you will not have to pay any costs during the first three months of our services. And switching over to us is easy — we will handle all the details to ensure a smooth transition.

Our Property Management Services

We provide a comprehensive property management service, including:

• 3–4 routine inspections per year, complete with photos
• Weekly rent disbursement and statements
• An end-of-year financial statement and access to an owner portal through PropertyMe
• Dedicated, experienced property managers
• Trusted tradespeople who have been working with us for many years

Additional Fees When Securing a New Tenant

When it comes time to secure a new tenant, there are only a few additional fees to consider:

• $88 to $120 for online marketing, including listing on Realestate.com.au
• $200 for professional photography and drone images, plus a Matterport virtual 3D tour (if required)
• A letting fee of one week’s rent plus GST

Don’t miss out on this special promotion — contact us today to learn more. Please give us a call on 0406 743 965 or submit an online enquiry.

Find out how you can get started with Pure Real Estate’s Request Appraisal. Our Brisbane property managers handle everything so you don’t have to.

The post Three Months Free Property Management! appeared first on Pure Real Estate.

The Sales Process

The sales process was driven through an online bidding platform, Market Buy, and it attracted significant interest from both buyers and spectators who were wanting to watch the action unfold on this high-end property.

The Result

The property achieved 62 offers from 15 bidders and was sold for $124,000 more than the most recent sale in the street — an outstanding result for all parties.

What the Seller Said

The seller gave a glowing 5-star review, reflecting the exceptional outcome achieved through Pure Real Estate’s marketing and sales process.

If you are thinking about selling or if you would like to know what your property is worth in the current market, please contact us on 0406 743 965.

Want a proven sales result for your Brisbane property? Request a free appraisal from Pure Real Estate and see how we deliver above-market outcomes.

The post Sales Success Story: 67 Picnic Street, Enoggera appeared first on Pure Real Estate.