Investment Property Ownership is complex and there are a number of factors that need to be taken into consideration including:

• Financial Management – Income (rent), expenses (maintenance, loan repayments, property Management fees, taxes, accountants fees etc)
• Maintenance and Capital works
• Compliance
• Property Management
• Safety of the Property

Without a safe property, your income is jeopardized amongst a variety of other risks.

When talking in terms of property safety the following items need to be taken into account including, but not limited to:

• Smoke Alarms
• Blind Cords
• Handrails & Stair Treads
• Balconies
• Glass &Tiles
• Appliances
• Windows and Screens – Security & Heights
• Paths, Driveways and Walkways – Slips, Trips and Falls
• Fencing
• Pools & Spas
• Locks and Doors
• Electrical Wiring, Safety Switches, and PowerPoints
• Plumbing
• Trees and Tree Roots
• Gutters
• Roof

It is best practice and highly recommended that you have an annual building, electrical, plumbing and pest inspections are done by a licensed contractor, this will help you to pick up items that may be problematic before they can get out of hand.

Whilst all due care is taken by our Property Managers to regularly inspect properties and review these items, we are only conducting visual inspections and are not licensed, contractors.

If you require further information please get in touch with us today Ph: 1800 373 262 or complete the form below