As humans it is in our nature to trust other humans. We know better than to blindly trust but our preference is to trust if we possibly can. Unfortunately, renting out your property comes with risks, usually they take the form of incidents that occurred when the trust we give is not respected.

At Rental Property Specialists, we look after your investment home as if it is our own. We build trust with our customers as well as vetting your tenants carefully. Our managers have seen it all and here are a few of the issues you might face as a landlord. Fortunately we are here to deal with them for you should they arise.

• Non-payment of rent: Some tenants may stop paying rent or make late payments, which can be a significant financial burden for landlords.
• Property damage: Some tenants may cause significant damage to the property, either through neglect or intentional actions, which can be costly to repair.
• Illegal activities: Some tenants may engage in illegal activities, such as drug use or prostitution, on the property, which can lead to legal issues for the landlord.
• Noise complaints: Some tenants may cause disturbances to their neighbours, such as loud music or parties, which can lead to complaints and potential legal issues.
• Unauthorized subletting: Some tenants may sublet the property without the landlord’s permission, which can lead to additional legal and financial issues.
• Overcrowding: Some tenants may allow more people to live in the property than what is allowed by the lease, which can lead to safety hazards and increased wear and tear on the property.
• Eviction issues: The process of eviction can be difficult and time-consuming, and some tenants may refuse to leave the property even after the eviction process has been completed, making it difficult for landlords to regain possession of the property.

It’s important to note that these are the worst scenarios and not the norm. Many tenants are respectful, pay rent on time and keep the property in good condition. However, as a landlord, it’s always good to be prepared for the worst-case scenario.

Our clients include both first time property investors as well as multiple property owners. We work hard to ensure our property owners enjoy a high level of trust and communication with us and that their investment is both protected and maximised.

If you’d like an obligation free discussion about how we would manage your properties contact us via this form or call us on 0417 867 505.