There are many advantages to you as an owner/investor in engaging a professional, licensed Property Portfolio Manager to supervise your rental property:

• being able to keep decisions, such as rent increases, cleaning, maintenance, rent arrears follow up, bond and disputes all at arms length;
• being able to obtain higher rentals: on average;
• freeing up of your own personal time;
• not needing to have a working knowledge of all the legislation associated with property management; and
• peace of mind knowing if you are on holidays or absent, someone is available 24 hours, seven days a week to look after your investment.

Owners and Agents involved in property management must comply with all the relevant sections of:

• the Residential Tenancy Act 1997;
• the Residential Tenancy Amendment Act 2003;
• the Property Agents Board and Land Transaction Act 2005;
• the Property Agents Board and Land Transactions Regulations 2006;
• the Trade Practices Act 1974;
• the Anti Discrimination Act 1991;
• the National Privacy Act 1998; and
• the Strata Titles Act 1998.

A professional Property Portfolio Manager is required to undertake ongoing training in order to retain their licence.  This ensures your Property Potfolio Manager is fully conversant with all legislative changes, current trends in the rental market, and is qualified to give you help and advice when you require it.