Ray White Pomona Hinterland - Property News Issue 1

Page 1

Ray White Pomona Hinterland Publication - Issue One



In this Issue of Property News: • Property Managers: here to help you • Brand new Cooroy rental property leased in zero days • Local Housing Shortage - Sparks A Rental Crisis!

(07) 5485 2200

PRINCIPAL’S MARKET UPDATE Dear Reader, Are you a landlord with a property needing tenants? Our feature story explains how Gina and our team leased a home in zero days! No loss of rent for the owner. For more details, please see our page 3 story. Property Managers can play a key role in reducing the stress of owning an investment property. They can deal with all the rental property issues while you reap the rewards of your investment. Our page 2 story looks at the advantages of engaging a Property Manager. Also, if you are considering buying an investment property, our page 4 story shares how the shortage of housing has created a rental crisis.

Property Managers: Here to help you

Please give us a call if you are considering selling, buying or renting, we are here to help. Kind regards

As more Australians enter the property investment market, how best to manage the new property becomes a major issue. Not everyone has the skills, the time, or even want to manage the property themselves.

Phil Hargrave Principal 0417 750 507

That’s where a responsible, trustworthy property manager comes in – to help you avoid the day-to-day worries of rental properties. A good property manager can easily become one of your greatest assets. But it’s important to choose the right one. A property manager organises and manages the letting of properties, screens tenants, liaises with tenants and owners, organises inspections, collects rent and follows up unpaid rent, responds to tenant complaints, and even pursues evictions.

Ray White Pomona Hinterland Shop 2 & 3, 8 Reserve Street Pomona, QLD 4568 Phone: (07) 5485 2200 Email: sold.pomona@raywhite.com raywhitepomonahinterland.com.au Disclaimer Notice: Neither Ray White Pomona

Hinterland, nor Newsletter House Pty Ltd, nor the publishers and editors of articles in this issue, accept any form of liability, be it contractual, tortious or otherwise, for the contents of this newsletter or for any consequences arising from its use or any reliance placed upon it. All the information contained in this publication has been provided to us by various parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate. ©Newsletter House Pty Ltd 2022 Ph: 0408 028 825 www.propertynews.info

As well as being reactive, a good property manager is proactive when it comes to staying on top of ongoing maintenance issues and controlling costs. Then there’s building insurance to worry about, plus owners corporation rules, smoke alarms, servicing of gas appliances, pool fencing legislation, risk management, council and water rates, the list can seem endless. Importantly, an experienced manager has a good understanding of the local

market and how potential changes could affect your investment, including ways to improve the property that won’t kill your budget, but will make it easier to rent out. Chances are that you will be working with this person for a long time so it’s a good idea to find someone that you like and respect. Look locally. In real estate, local knowledge is crucial, from knowing how to attract tenants, to setting the rent at the right level, and having contacts with trusted tradies, a local property manager gives you a big advantage. Another way to find a property manager is by word of mouth, asking family and friends for recommendations. How does the property manager typically communicate with owners? Some examples include phone calls, emails and inspection reports. Management fees are charged on a percentage basis of the total rent monies collected, plus a letting fee that is based on the weekly rent and only charged when a new tenant is found. Considering the workload of a good property manager, it’s a small price to pay. Hiring a property manager makes sense and takes the stress out for the Landlord.

Cooroy Rental Home Leased in Zero Days

The dedicated property management team at Ray White Pomona Hinterland has once again revealed just how much care they take of their homeowners’ investments. Led by Gina Fomiatti, the team recently leased a brand new Cooroy property in zero time. Set in a convenient locale, the modern home offering two bedrooms, two bathrooms and a spacious interior was leased immediately for $540 a week – an extraordinary achievement that meant no downtime or loss of rent for the owner. How did they manage to lease this property so quickly? Gina and the team at Ray White Pomona Hinterland bring with them a decade of property management experience, not to mention vast industry knowledge and expertise. This means that they know how to manage properties in order to help owners maximise their investment. They aim to lease properties as soon as possible so owners experience no loss of income. They also understand the current market and always strive for achievable rental prices. And finally, they source quality tenants and communicate effectively with both landlord and tenant, so as to keep everyone satisfied with the situation.

What do their clients think? At the end of the day, it comes down to what landlords say about their property manager that really counts. The property management team at Ray White Pomona Hinterland has an impressive track record with a long list of customers very happy to offer a review. “We were unsure of what was involved with leasing a property as this was our first time,” said one owner. “Gina and Linda have been so helpful and very knowledgeable on all areas of property management, which made our transition so much easier.” “I have leased three separate properties through Gina over the years and always found her to be an excellent property manager,” said another landlord. “She is extremely helpful, professional and reliable. Any issues get attended to immediately, and we feel very well looked

after, as do our tenants.” Finally, another landlord wrote, “Extremely helpful from organising renovations to finding a perfect tenant, I am very grateful for the team at Ray White Pomona Hinterland.” The property management team at Ray White Pomona Hinterland aims to look after every aspect of a property, including finding the ideal tenant, negotiating a satisfying price and leasing it as quickly as possible. And not only do they continue to achieve this goal every day, they also have countless glowing reviews from delighted landlords to prove it. If you’ve purchased an investment property and are looking for stress-free management, or you’re unhappy with your current situation, then give Gina and Linda at Ray White Pomona Hinterland a call today on (07) 5485 2200.

Property Management is a numbers game; to us you’re #1. Ray White Pomona Hinterland

Gina Fomiatti | 0490 246 033

Local Housing shortage sparks a rental crisis! Right now, the property market is booming and the team at Ray White Pomona Hinterland has seen a huge jump in property sales. As a result, there has been a significant shortage of homes available to rent. With competition for rental properties soaring, now is the time for landlords to take stock and ensure that their properties are performing as well as they should be. Why is this current market so ideal for landlords? With so few properties available, buyers are unable to find their perfect home and they’re moving onto the rental market. So, in addition to the normal movement of tenants at this time of year due to job relocation, shifting schools or embarking on a lifestyle change, we’re finding that there are enormous numbers of good quality tenants in the housing market. This means that landlords are now enjoying an increase in rent and the opportunity to secure better tenants. As a Landlord, if you have a tenant that has been difficult or not complying, due to the current rental situation you can afford to take a “no tolerance” approach. The current demand for property far outstrips supply and this is a prime


opportunity to reassess your investment from a performance perspective, not only the amount of rent you receive, but also the reliability of your tenant and whether they’re looking after the home and complying with their obligations. The time is definitely ripe for landlords, however you will see greater benefits from having an experienced Property Manager managing your property. Here at Ray White Pomona Hinterland, our property management team knows exactly how today’s market is performing and, with your interests at heart, will advise you on how to make the most of it. The team at Ray White Pomona Hinterland is encouraging new landlords

with existing investment properties to help meet the demands from qualified renters, who are anxious to lease a home as soon as possible. With the end of year fast approaching, people are keen to settle over the holidays and be ready for the start of 2022. So if you have a rental property and are looking for top quality property management, then give the professional team at Ray White Pomona Hinterland a call today on (07) 5485 2200.. The tide is finally turning for landlords and we will assist you to take advantage of the market and make the most out of your precious investment.

Local people, selling local property for more. Ray White Pomona Hinterland

Sam and Phil | 07 5485 2200

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