We were here during the GFC in 2008 looking after the best interests of our property management clients, and we know how to manage the risks from another economic downturn due to Corona Virus (COVID-19) concerns.
We were here during the GFC in 2008 looking after the best interests of our property management clients, and we know how to manage the risks from another economic downturn due to Corona Virus (COVID-19) concerns.
There are many aspects to professional property management, however, maximising the rent returns & maintaining the property condition are always the most important. As we tackle the challenges ahead we do this with the added responsibility to ensure the health & safety of the tenants, contractors, and other visitors to the property.
Economic uncertainty can directly affect a tenants capacity to pay the rent if they experience reduced employment or unemployment.
Rent arrears, tenant break-lease, or tenant initiated court ordered lease termination due to financial hardship, are real consequences of an economic downturn, and will leave a gaping hole in a property owners rental returns unless there is robust business systems, monitoring tools, and an up to date knowledge of the legal rights and responsibilities of tenants and owners.
Don’t wait until you experience a financial loss – call us for an obligation free chat about our no-stress professional property management service.
Right now we are offing all new clients a complimentary property Depreciation Schedule assessment, which can add $000’s every year to the investment property cash flow.
I’m here to help.
Hayley Ripper
Business Development Mgr
ProProperty Group
0419 197 726
hayley@propropertygroup.com.au