Ep.16 Introduction to Property Management with Lisa Indge
This week, we are extremely excited to have Lisa Indge of Let’s Rent on the show.
We discuss Lisa’s tips on property management, why you should use a dedicated professional rather than doing it yourself, and tips and tricks of the trade.
HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:
Number of properties per portfolio for most property managers;
Legislation intricacies;
Working with tenants to ensure that you keep your arrears in check;
Vetting prospective tenants;
What to focus on to increase your rental income;
Return on investment for your cost outlay regarding painting, taps, etc;
Timing the market with regards to showing the property;
Keeping vacancy rates low;
The value of good photos;
Questions to ask a prospective property manager; And
Looking at an overall investment property portfolio as part of your wealth plan.
LINKS OR ARTICLES WE MENTIONED:
SPEAKERS IN TODAY’S EPISODE
Michelle May - Sydney Buyers Agent
Marcus Roberts - Mortgage Broker
Lisa Indge – Let’s Rent
ASK US ANYTHING!
Have a money question you want us to answer? ask@sydneypropertyinsider.com.au
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Please note that any views or opinions presented in this podcast are solely those of the speakers, and do not necessarily represent those of any business. These views and opinions are general in nature, and do not take account of your personal objectives, financial situation and needs. Please consider whether it applies in your circumstances and seek professional advice wherever appropriate.