Owning properties for rental income known as a Landlord is often
accompanied by many headaches due to different outlay issues.
Often the case if you do not have a good property manager to assist, you may end up selling your investment property too early in result to a loss out in property appreciation in the long run.
The Property manager handling those problems will give Landlord’s peace of mind getting the calls from tenants about a broken aircon or a burst water pipe..
Roles of a property manager
Anyone can introduce you to a tenant for your property. Still, it’s an after-sales tenancy period when you may get the headaches you may need someone like a focus property manager does.
What does a property manager do?
Property managers provide a range of services to rental owners. Generally, they will do the following:
How much do property managers charge?
While overseas, Most property managers charge one month’s rent to procure a tenant and then set a monthly management fee, either as a percentage of the rent or a flat fee per unit.
In Singapore practices, we only one month’s rent for every two years when securing a tenant and a further one month’s of rent upon the lease renewal and on a pro-rate basis if the lease period is shorter.
Gary Lim Lek Boon
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Selling, Buying & Leasing processes are the same.
The only Differences is the Agent especially in this market.
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