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Hi lpool05, We have a list of questions that you should ask your property manager here All the best.

Looking at things from a slightly different angle; The rental market in the inner west is extremely tight. As tight as i can remember it being in the last 10 years. In theory this alone should keep sales prices ticking along.

Thank you to all who have participated in this poll and left their comments, the results were interesting. We have prepared a list of questions that one should ask when accessing a new property manager Please feel free to add to this list. Many thanks

I thought i would open a poll to see what all you property investors consider the most important criteria (and why) when selecting a property management agency: - Fees - Locality - Personality of PM - Personal referral - Specialist PM Agency - Agency name recognition - Other? Thanks

We are continuing to see low vacancies (generally 0-1 week), regular rental increases and plenty of demand from tenants. The inner west Sydney market is certainly very tight.

With a very low vacancy rate in Sydney at the moment and a drop off in buyer demand, it does look like a great time to be buying.

Look for apartments along both the inner west train line and the light rail (both existing and the new extension)

Offer an exceptional service! Makes sure that you stand head and shoulders above your competition. Property management is a service based industry, ensure that your service levels are better then your competition; regular/fast contact with your clients, constant monitoring of the rental market...

Hi, Given that we are often in YIP, we should have a bias towards them, but the truth is both magazines are great and have their own strengths and weaknesses. I would suggest getting both YIP and API!

I would suggest trying to get as close to the city as your budget will allow. Suburbs such as Glebe, Newtown, Anndandale, Balmain offer plenty of lifestyle options, close access to the city and a wide variety of unit blocks.

We find that a simple, LOW MAINTENANCE garden adds a lot of appeal to a rental property. Rumpled Elf's suggestions above are good, just ensure that you chose the right plants from the start to avoid any major issues down the road. Good luck.

That is very ordinary form...any changes like this should be disclosed to the owner.

FWIW Australian Property Investor magazine had Dulwich Hill in its list of hottest 100 suburbs for the year.

Changing property managers is extremely easy. We actually take care of this on behalf of the client, as most people are understandably uncomfortable with terminating their current agency. A letter stating the changes is all that is needed. Good luck

Too many landlords choose property managers on fees alone. This is very short sighted. A good, thorough and competent rental agent will save you money on your investment by only renting your property to good, reliable tenants, performing regular property inspections and ensuring regular rental...

Hi awsydney, We do not manage any properties in that building as such, but we are located in Annandale down the road and the rental demand in the area certainly is strong. Vacancy rates for units are very low with access to plenty of cafes and eateries in the area as well as the close...

Rents should be kept in line with the market. The market is determined by tenants. Anything above fair market value will not get rented! We keep abreast of the market and keep our landlords rents in line when needed. We also make sure to keep the tenants happy by not over doing rent rises...

Great, sounds good. We seem to have similar ideas on how to run a property management agency. Look forward to exchanging some more ideas.

Hi Guys, Thank you for your responses. Yes we do have systems in place to ensure that emails and phone calls are promptly responsed too, and we make sure that a client's assigned property manager is contactable via email and mobile phone whenever needed. Having penalties for tardiness is an...

Congratulations Xenia, Your website looks great, and your company is helping with this move to improve the services provided by property management companies. We have also initiated online statements and owners love it, it is much more efficient and tidy way of presenting their statements...