Welcome to Our Property Management Blog
Stay updated with the latest trends and tips in property management from the experts at Let Us Manage. Our blog is your go-to resource for all things related to Estate management , property maintenance, and financial reporting.
Top 5 Tips for Successful Property Management
Are you a Freeholder or Leaseholder looking for someone to manage your estate. Check out our top 5 tips for successful estate manager.
1) Know your stock, have regular inspections done. We offer quarterly inspections to highlight issues before they become major problems.
2) Keep your client informed at all times for works that need to be done and planned preventative maintenance.
3) Be honest and make sure all compliance is carried out, Fire Risk Assessments, Health and safety risk assessment, Legionella inpsections and Asbestos inspections which only need to be done once if no Asbestos is found.
4) Carry out major works as per the section 20 process giving all relevant persons the chance to have their say.
5) Budget according to costs which are known to come up, no-one wants big costs which they are not expecting.
The Importance of Regular Property Maintenance
Learn why regular property maintenance is crucial for preserving the value of your investment. Our experts share insights on proactive maintenance strategies to keep your property in top condition.
1) Regular property inspection, it gives the property manager the chance to speak to the tenants and build relationships and give you an insight into maintenance issues that arise.
2) A property is like a living working part of life and needs to be maintained, do not just collect the rent and not save for issues that might come up to keep the property in tip top condition this will save you money in the long run and not have huge unexpected maintenance bills.
3) If you have good tenants keep them, the cost to market and let out again can outweigh the cost of a rent increase. Increase the rent by a small amount each year rather than hit the tenant with a huge increase this allows you to increase the rent and the tenant then expects a rent increase each year which is more reasonable than increasing the rent a huge amount in one go.