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The Property Crowd properties are managed by professional third-party Property Management Companies who specialise in looking after tenants, maintenance, legislation and compliance.
The Property Crowd believes effective property management is fundamental to successful property investment. As an investor you don’t need to worry about the letting or management of properties.
Each property’s holding company enters into a management agreement with an appointed third-party Property Management Company, assigning them the responsibility of all property management functions including:
Rental appraisals and reviews.
Sourcing quality tenants (advertising properties, screening and selecting tenants).
Creating and managing leasing arrangements.
Rental collection.
Regular property inspections.
Planning and managing maintenance. Taking care of urgent repairs.
The cost to the property's holding company is 7.5% + GST of the gross rental income and deducted from the rent (alongside other expenses) ahead of payment of any distributions. The fee gives you the benefit of an "all in service".
With The Property Crowd you benefit from hassle-free management. The hard work is done for you.