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My career in Property Management began out of concern for my Grandmother, who was an investor. She was having a tough time with her portfolio. The properties entrusted to a large Hamilton based agency were in poor condition, attracted low rent and disrespectful tenants. Compounding this were ongoing issues with vacancy, resulting in poor cash-flow, low returns and considerable stress.
I immediately stepped in to help her. I knew very little at the time, but was active in the Waikato Property Investors Association, and had huge support from experts in the industry like Scotney Williams of the Tenancy Practice Service. I had to learn fast and ‘on the job’ if I was to turn her portfolio into a profitable business.