Spending time to find the right property manager is a crucial, but often anoverlooked step by investors. For Episode Nine, we’re joined by our special guest Jacinta Vear, a property manager veteran and partner at Nelson Alexander Flemington.  Cate and Amy explore some common questions, challenges and misconceptions buyers often have with property management, and how hiring the right property manager can make the difference between a smooth ride and a headache.

Amy remarks that many investors experience a ‘revolving door’ when their property manager moves on, and a new property manager is imminently introduced. Cate sheds light on why this happens; it’s because property management is one of the hardest jobs in the world. It takes a special personality with an eye for detail, a heart for people and a commitment to mutually beneficial relationships to make a great property manager.

Jacinta shares her insights on recent comparable rental analysis, new changes to legislation, and all of the passion it takes to keep the property management wheels turning in a busy business.

Amy and Cate’s own personal experience as landlords shines through and they candidly chat with Jacinta about the trials, tribulations and excitement that comes from property investing. Moreso, they share with listeners the value that they get from their great property managers, and the things that are essential for fellow investors to take note of.

As Cate points out, selecting a great property manager is a task that should be taken very seriously. Business owners spend serious time interviewing and appointing staff, yet investors overlook this essential step. Owning a property portfolio, (however large or small it may be) is a business activity. Landlords need to treat it as such and remind themselves that the engagement of a property manager is a serious proposition.