Simplifying Real Estate: How can you achieve a higher ROI through property management?

Simplifying Real Estate: How can you achieve a higher ROI through property management?

Wednesday 29 March 2023Wed 16 Feb
Simplifying Real Estate: How can you achieve a higher ROI through property management?

Are you an investor in the city, or planning to invest? Have you given any thought to the return on investment you could expect on your property through long-term rentals or short-term rentals?

If you haven’t, we are here to break down how through property management you can maximise the benefits of long-term and short-term rentals, that are sure to guide the boat further!

Why have a property manager?

A property manager is one who would ensure your documentation, property and handovers are being done seamlessly without any extra stress. They would ensure your property is always well-maintained, active on the market if all issues are dealt with at ease.

We highly recommend opting for a property manager as your property is likely to gain more eye-value through a property manager and with Allsopp & Allsopp you can rest assured as with our premium marketing package for your property, you can best believe your listing would be on all major property portals.

There are also several benefits of having long-term rentals and short-term rentals with a property manager.

What are some benefits of choosing long-term rentals?

Now, with long term rentals there’s a lot of ease because for a steady duration of time there are no concerns to look after as your property manager would ensure everything is handled, but here are a few more perks of having a property manager with long-term rentals:

Steady income: Your secondary source of income is sure to stay steady with a property manager. Stay sure that your income is always maximised because with a property manager, you can ensure your property is always occupied while the rent is being collected on time.

Efficient maintenance: With Allsopp & Allsopp, you can rest assured that your property is being maintained through a qualified team and is kept in great condition for new tenants.

Legal compliance: Are you tired of dealing with legal mumbo jumbo? Well, our team of property management experts would ensure your property is compliant with all legal requirements including tenancy agreements, deposit protection and more.

24/7 support: Ghosting is really common, but you don’t have to worry about that with our property managers who are sure to be with you through and through, providing you support whenever you need it.

Enjoy peace of mind: When we’re at work, you can kick back with a cocktail and relax as we’ll find you tenants, handle repairs and maintain the property.

What are the benefits of short-term rentals?

Are you looking for a return on investment upto 30%? Well then, the current market is booming with holiday homes and there is no better time to sign up for short-term rentals and here are some perks of it!:

Higher rental income: With long-term rentals you will be maximising your rental income but with short-term rentals you can earn nearly 30% in return on investment and that’s just from a short stay!

Flexibility: Want to take back your holiday home and spend a couple of days away from the city? With short-term rentals you have the advantage of choosing when to place your property on and off the market while also deciding how long or short you’d like your contract to be!

Professional management team: Short-term rentals have a simplified rental process and you can rest assured our team would be managing tenant screenings, maintenance, repairs and more!

Greater occupancy rates: With short-term rentals, you can always have business travellers to families dropping in and with a consistent rate of short stays, your income is also maximised as your property is always active on the market.

And, if you’re spoilt for choice on which one to opt for, talk to our property management team today and get free guidance on how to manoeuvre through the market with confidence!

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