As a property investor there are many things to consider when thinking about if you should DIY or engage with a accreditted property manager. There are pros and cons to both. A great question to ask yourself is “How big is your current workload?”. Do you have flexibility where you can fit in managing a property and tenants, or would you like someone to do it all for you?

Pros of engaging with an accredited property management company:

1. Property Managers have experience in the industry
2. Property Managers take away all the hassle of finding good tenants
3. Property Managers collect and file all necessary paperwork to signing up new tenants
4. Property Managers ensure your property is being looked after.
5. Property Managers handle all maintenance issues
6. Property Managers receive rent on your behalf
7. Property Managers sort any issues at the end of a tenancy
8. Property Managers deal with tenants professionally

 Pros of DIY’ing:

1. There are no property management fees
2. You’ll have a direct relationship with the tenant
3. You will have 100% control over your investment property

Engage with a well-known and local Accredited Property Manager! Contact Dianna Hone at Hanmer Rental Services on 022 580 7963 or hrs@hanmerholidayhomes.co.nz today.