If you own an investment property in Greater Springfield (or you’re thinking of buying one), then choosing the right property manager is a crucial decision. Great property managers like our team at Purple Cow in Springfield Lakes maximise the ROI for their landlord clients and ensure a hassle-free experience.
Here are the key questions you should ask to help you choose the right property manager for your Greater Springfield investment. Listen carefully to the answers you get and compare them to what our Purple Cow team offers our landlord clients.
What property management services do you offer?
Our Purple Cow property management team provides a full range of services, including:
- tenant sourcing
- tenant screening
- lease negotiation
- lease preparation
- bond collection
- regular rent collection
- tenant liaison and communication
- the payment of any ongoing property expenses that aren’t the tenant’s responsibility
- regular property inspections and condition reports
- arranging approved repairs and maintenance requests via high quality tradespeople
- market rent appraisals prior to lease renewals to maximise our clients’ return on investment (via our thorough, 90-day Purple Cow lease renewal process).
How do you source high-quality tenants?
High-quality tenants look after your investment property like it was their own and they always pay their rent on time.
The latest figures from real estate.com.au show that our Purple Cow property management team generates 26% more enquiries for our rental property listings.
This increases our chances of sourcing high-quality tenants through our thorough screening processes.
How do you retain high-quality tenants?
Retaining high-quality tenants is just as important as sourcing them in the first place. At Purple Cow, We also help our landlord clients to retain high-quality clients through effective communication, proactive property maintenance and our 90-day pre-lease renewal program.
How many potential tenants do you have for my rental property?
The best property managers have high-quality tenants waiting for the right property to become available.
You can use our Online Tenant Calculator to see how many our Purple Cow property management team have on our books in your Greater Springfield property’s location.
What is your track record of generating rental yields?
The latest figures from real estate.com.au show that our Purple Cow property management team generates above-average rental yields in Greater Springfield through our superior property management processes.
What other Greater Springfield properties do you manage?
A good property management service should have a long list of local clients. They should also be currently active in the local market with plenty of recently leased Greater Springfield properties like our Purple Cow team does.
How will you ensure my compliance with local rental property legislation?
Our Purple Cow property management team understands all of the key provisions of Queensland’s residential tenancy laws. We will be able to explain all your legal obligations to you and immediately advise you of any updates or changes as soon as they occur.
In addition, we’ll also be able to explain all your legal rights. The legislation is in place to protect the rights of both landlords as well as their tenants.
How often will you inspect my investment property?
Regular property inspections help to ensure that your tenants are looking after your rental property. This is especially important if you are a landlord who is not based in South East Queensland.
How do you handle repairs and maintenance requests?
It’s crucial for any property manager to review tenant repairs and maintenance requests to ensure they are genuine. If our Purple Cow property managers assess that repair or maintenance work is needed on our clients’ properties, we ensure that:
- quotes for the work from reputable service providers are obtained and provided to our landlord clients for approval.
- quality work is carried out as soon as possible.
- both landlords and tenants are kept fully informed throughout the entire repairs and maintenance process.
How our Purple Cow property management team can help you
If you have an investment property in the Greater Springfield area (or you are thinking of buying one), we would love to manage it for you. Or if you are keen to buy one, our investment team can help you to find the right property and tenants to maximise your return.
Contact us today to find out how we can help you.
