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  1. K

    How do you manage your properties?

    Hi Rhinsor, Can you talk to how you manage your properties? Thanks :)
  2. K

    How do you manage your properties?

    Hi citystar, Thanks for replying :) What do you value most from your current PMs? Would you say their services are relatively on par with each-others? If you had a magic wand would you change anything? For me, I would have liked more consistency between agencies in the same...
  3. K

    How do you manage your properties?

    Thanks for sharing 2FAST4U. Do you have a story for how you came to self manage your properties? Did you have a bad experience by any chance or was it more because you felt comfortable with it and could pocket the $$? I would love to hear more about how you mange them, if you feel...
  4. K

    How do you manage your properties?

    Thanks for sharing travelbug. My wife and I also share your goal of seeking a passive income to fund retirement :) With the properties you have with PMs, what have you looked for in an agent? Have you had to switch agents much? What would you like to see changed? Over the last 5 or so...
  5. K

    How do you manage your properties?

    Hi Rixter, I completely agree. From most peoples comments so far I've gathered that people are making decisions based on their perspective of ROI of either time and/or money in deciding how to manage their properties. And now that I think about it I do the same. I have one agent in...
  6. K

    How do you manage your properties?

    Hi VaSSagO, It seems like you have things down pat. That's fantastic! I would love to hear how you find tenants and manage the day to day. You have me fascinated, thanks for sharing :) For my properties: Finding tenants: I use an agent. For the self managed ones I try to maintain...
  7. K

    How do you manage your properties?

    Hi Jacque, Agreed. I feel, whether you have a PM or self manage, its like any job. It boils down to problem solving, communication (including being respectful) and being organised, to varying degrees of course. What do you look for or like in the agents you use? Thanks for sharing...
  8. K

    How do you manage your properties?

    I've quoted the original question above. I would love to hear from more people. For those of you who are more involved in your IPs it would be great to here what tools, sites, forums, trade sites etc you use to assist with either managing your properties or filling in the gaps when managed by...
  9. K

    How do you manage your properties?

    I've found over the years, with the properties I've managed myself, years can go by (roughly 3) and not have any issues only to have a bunch of issues come up at once. A few years back we had a unit with a major roof leak, one with a hot water system needing to be replaced and another with a...
  10. K

    How do you manage your properties?

    Hi Allgood, It sounds like you do most things except for find the tenant and collect rents. I hear what your saying about everything being good until it isn't - I remember one time I had a 3 international students living in an IP and they fell behind in rent because of a break down in...
  11. K

    How do you manage your properties?

    Hi CityStar, At any point have you managed your IP's yourself? -Kaz
  12. K

    How do you manage your properties?

    Hi Wylie, To be honest I couldn't agree more. I tend to favor and get a better result when I manage properties myself. The only thing that catches me out sometimes is time. How do you manage your properties yourself? Do you use excel, check your bank accounts etc? Great to hear your...
  13. K

    How do you manage your properties?

    Hi Jamie, What circumstances have lead you to a 50/50 split? And how did you go about finding a good PM? For us, we usually use a PM from the agency who we purchase from and only self manage when disappointed by a PM. Our most recent 'adventure' we had both tenants in a dual occupancy...
  14. K

    How do you manage your properties?

    Hi BayView, Thats great, have you got a good PM? Has it been all smooth sailing? -Kaz
  15. K

    How do you manage your properties?

    Over the past 10 years, my wife and I, I've done a mix of getting an agent to manage our properties and managing them ourselves (myself rather) so I wanted to start a discussion about how others managed their properties. To start with I was thinking How you manage your properties? How...
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