I am on the verge of deciding on changing PM in Brisbane area. I got a new PM last year (a large chain) and have been very disappointed at the ways they have managed our property. Since I am far away and cannot fly to Brisbane to interview potential PM, so I have been looking at the recommendations from this forum (words of mouth, I suppose). There are 3 agencies have come up in the list: Pure Rentals (Russell Peter), Property Management HQ (Lu Bracher) and Rental Guardians (Andrew Allen).
Current lease agreement expires at the end of this year. I want to get rid of the tenants when lease expires. So, I will have to tell PM to give notice - 60 days are required. I read that December & January are really slow time to get tenants - so a bit of a dilemma here in terms of timing. I am going to ask a relative in Australia to help with some repair before re-letting with a new PM. The repair work should take about a week or two - however, it is Christmas / New Year period so I am not sure if it is achievable.
I read that it is better to find a new PM first, then let them tell the current PM. Is this still the best (professional) approach to this? While I do not have any grudge against the current PM, I just do not like the ways they have managed the property.
I have concerned about terminating the lease and PM at the same time. If tenants cause some damage to the property, or leave it in terrible condition, the departing PM will wash their hands off the problems. So, is it better to get rid of the tenants first to make sure they return the property in reasonable condition, then get a new PM?
Your thoughts are much appreciated.
PS - In terms of PM, please private message me who NOT to use / avoid.
Current lease agreement expires at the end of this year. I want to get rid of the tenants when lease expires. So, I will have to tell PM to give notice - 60 days are required. I read that December & January are really slow time to get tenants - so a bit of a dilemma here in terms of timing. I am going to ask a relative in Australia to help with some repair before re-letting with a new PM. The repair work should take about a week or two - however, it is Christmas / New Year period so I am not sure if it is achievable.
I read that it is better to find a new PM first, then let them tell the current PM. Is this still the best (professional) approach to this? While I do not have any grudge against the current PM, I just do not like the ways they have managed the property.
I have concerned about terminating the lease and PM at the same time. If tenants cause some damage to the property, or leave it in terrible condition, the departing PM will wash their hands off the problems. So, is it better to get rid of the tenants first to make sure they return the property in reasonable condition, then get a new PM?
Your thoughts are much appreciated.
PS - In terms of PM, please private message me who NOT to use / avoid.