Property Management: It’s about owners, tenants and Paragon Property’s professionals successfully working together. It’s a specialised business that requires a full range of effective, proven property management tools and solutions. It takes a lot of personal experience and knowledge.
EXPERTISE, SERVICE, EVERYTHING YOU NEED….
Residential rental property has long been a favoured investment option for many people. It’s relatively easy to get into and can be particularly hassle free if handled correctly. And that’s precisely where the input of Paragon Property management and letting professionals prove invaluable. We not only have a thorough understanding of the current rental market but also the knowledge of both expected short and long term trends for the future.
Investment property owners expect to achieve the very best return possible with the least amount of trouble. These expectations are not unrealistic with Paragon Property working for you. Having made the decision to employ us, the only thing left to do is simply sit back and enjoy life – knowing your property is in the best hands.
MATCHING THE RIGHT TENANT WITH THE RIGHT PROPERTY
Paragon Property has a comprehensive and continually updated database of tenants waiting for available rental properties. If those we have available do not suit a specific tenant profile, we will advertise to ensure we get the right tenant for the right property. All tenants are carefully interviewed and screened.
PROPERTY MANAGEMENT SERVICE
- Rental Collection. Paragon Property monitors tenants payments on a daily basis and will implement immediate collection proceedings should a scheduled payment be missed.
- Property Inspection. We provide a complete and regular inspection program which complies with landlord insurance requirements to safeguard against property neglect or abuse.
- Maintenance. Reliable and responsible tradespeople are employed to carry out maintenance work with owners permission on the properties we manage. This may include regular jobs such as lawn mowing and gardening and only appropriately qualified personnel are employed for electrical, plumbing and other specialty jobs. All work is closely supervised to ensure it is completed to the required standard.
- Financial Administration. For the efficient funds management of property, Paragon Property’s accounting procedures provide the owner with a monthly statement detailing income and expenditure. Paragon Property can also attend to payment for regular expenses such as council and water rates.
- Compliance with the Residential Tenancies Act. Paragon Property has systems in place to ensure that the legislative requirements are carried out correctly. Professional registration for property owners in respect of tenancy matters is also available.
- Rent Care (through Landlord Special Risk Insurance). Although this is not household insurance it is a unique form of protection covering you against damage to your property and loss of rent due to defaults by your tenant. Ask Paragon Property Management Team for details.
FUTURE PLANNING
- Rental Evaluation. Paragon Property constantly monitors the rental market to identify trends. Changing property values combined with favourable finance interest rates, for example, can signal when a change of rental level is appropriate. Property Mangers also prepare reports to owners wit all the relevant information regarding methods of maximising income from the property.
- Property Evaluation. Investing in property can be confusing. To source properties with the most investment potential the Paragon Property Management Team will refer you to consultants experienced with the market within any potential purchasing area.
If you would like a rental appraisal for your property please click here.
