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Ryder Real Estate Melton

319 - 321 High St Melton

03 9743 6400

03 9743 6684

jayson@ryderrealestate.com.au

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The Dangers Of A Self Managed Rental Property

7 Oct 2013 Melton 0 Comment

It was a story that made national headlines, a family home in Laverton was left in a state of complete disarray following an eviction. Broken furniture and other debris were scattered across the lawn of the home, a couch had been tossed onto the roof and an ironing board left hanging from a tree in the front yard. According to media reports the culprits were friends of the tenants who had moved into the property and destroyed it in a revenge attack.

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Preventing situations like this all comes down to the way the property was set up at the beginning. When self managing your property you must ensure that all your documentation is thorough and extremely concise i.e. Condition reports, bond requirements, appropriate insurance cover , this way in the event that something does go horribly wrong you have all the appropriate documentation to fall back on.

By employing a Property Manager you are ensuring that all the appropriate precautionary measurements are taking place for example thorough reference checking to ensure the prospective tenant/s has a squeaky clean rental history, acquiring adequate bond and deposit money, management of maintenance and payments of rent. It is also important to note that the worst of the tenants out there will always look to try and rent from a Private Landlord rather than through a property managed by an Estate Agent. Having an experienced and qualified Property Manager from a reputable Real Estate Agency will always minimise any risk you may be exposed to.


For further information about property management services, please feel free to contact us here at The Professionals Real Estate Melton where we will be more than happy to provide you with all the information you will need to know.

Phone : 9743 6400
Email: admin@ryderrealestate.com.au

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