It is a common misconception that when you buy an investment property, the same agency who sold you the house needs to manage the rental property for you.
Real estate agencies which offer both sales and property management services can make it seem easier or otherwise beneficial to use their services to manage the investment property for you once it has been sold. In reality, there is negligible benefit in this approach.
A fundamental aspect of owning an investment property is knowing when and how to appropriately increase the rent. There are many things to consider before deciding to raise the rent, including understanding your legal obligations and how to minimise the likelihood of losing the current tenant.
Leah Jay Property Management is a large property management company servicing Newcastle, Lake Macquarie and Maitland. As one of the first property management only services in the area, Leah Jay has been operating for more than 23 years.
Often when people working outside the industry learn what we do at Carnelian Property Management, we hear the comment "Oh, so you're like a Leah Jay". In some ways, this is flattering. Leah Jay Property Management is a very successful business and Leah Jay herself an inspirational woman.
Carnelian Property Management Newcastle NSW
We are a family-owned and run Newcastle real estate agent offering expert property management across Newcastle and Lake Macquarie.