What are some tips to ensure my investment property operates smoothly over the holidays?

NOVEMBER 30, 2018

The summer holidays are a valuable opportunity to look over your investment property and work out with your Raine & Horne property manager what’s working and what’s not.

If your tenants have announced their intention to move out, for example, manage the vacate in December rather than waiting for the New Year. This includes speaking to your property manager about how Amplify, Raine & Horne’s unique and innovative digital marketing platform can help you market your investment asset to as many possible tenants as possible.

Amplify uses Facebook, Instagram and the Google Ad network to target more active and passive tenants who are increasingly using social media platforms to find a rental property.

Use the summer break to review the service offered by your property manager including whether they actioned your enquiries in a timely manner and conducted the minimum number of inspections. At Raine & Horne, we have strict guidelines and systems that our property managers follow, which have been honed and refined over the last 135 years.

If you’ve been waiting for the summer holidays to consider repairs and maintenance, talk to your property manager about what tweaks will help add value to your investment asset. The summer break is a good time to catch up on outstanding tenant requests too such as a new oven, taps in the bathroom or a coat of paint.

Don’t forget to check that your investment property is suitably insured. Christmas is a popular time for burglaries because many people choose to vacation at this time of year.  Confirm that you have all the necessary locks and alarms on your investment property to ensure Santa is the only outsider entering your investment property this Christmas.

The summer break is also perfect for reviewing your landlord insurance policy and as part of this review, make sure you’re covered for any damage that could arise. To get a quote for landlord insurance, contact Our Broker today on 1800 913 677.