You have a valuable investment - make sure it's being cared for
How often does the Property Manager's name appear in the tenancy tribunal?
Past performance matters
Careful property managers take the time to thoroughly screen tenants and conduct detailed property inspections.
The extra time we put into selecting the right tenants, can save a lot of time, money and stress in the long run. For example, we –
- Carefully validate references to ensure they are from previous landlords, and not friends or relatives posing as one
- Assess applicants earnings to rent ratio to ensure they can afford the property
- Conduct credit checks
- Conduct Ministry of Justice checks
Almost all issues with rent arrears, property damage or illegal behaviour can be avoided through a robust selection process. Careful screening should highlight potential red-flags; but if on the off-chance they are missed, the inspection process should raise them.
Like most things in life, experience matters most when times are tough.