Property management isn’t for everyone. There are numerous common issues that do pop up and these require both the knowledge and time to solve. A key player in both Auckland and Wellington property management scenes, it’s our job to solve these issues for our clients and ensure they have worry free ownership. However, if you are a DIY landlord, we’ve listed some of the most common issues that you may come across and need to solve.
Common Property Management Issues to Solve
Here are some of the most common property management issues a landlord may need to deal with:
- Keeping up to date with maintenance – it can be a struggle to identify and then keep to a maintenance schedule for a rental property. This could involve several trips to the property for inspections, to learn more about what maintenance is needed and organising tradespeople to do it.
- An empty property – an empty rental is costing you money, as well as taking up your time needed to personally vet prospective tenants and show them the property.
- Time consuming – tenants can have problems with a blocked sink, an oven element not working or something more urgent at any time. This means you are essential on call both night and day. Nobody wants a late-night call from a tenant reporting a blocked toilet! As well as being interrupted by tenant phone calls, you will then need to arrange for the problem to be solved, which often involves coordinating between a tradesperson and the tenant for the best time. Or even worse, you must go and sort the problem out yourself.
- Compliance with regulations – the Residential Tenancies Act and the Healthy Homes Standards set out what is required by both tenants and landlords, plus the standards a rental property must meet. As a DIY landlord, it is your responsibility to ensure that your actions and your property meet these requirements and keep updated with any amendments that are made.
- Chasing unpaid rent – following up with tenants who have not paid by the due date takes up a lot of time. If rent continues to be unpaid, then you may even need to take the tenant to the Tenancy Tribunal.
As property managers, we take care of any issues that occur for our Auckland and Wellington apartment owners. This means that unlike DIY landlords, our property owners don’t have to worry about anything! We’d love to offer the same to you. Contact our experienced team today and let’s have a chat about how we can help you.