May 2017 Newsletter

Save Time and Money by Running Your Rental as a Business

There are many advantages of running your rental property as a business, whether you have one or ten rentals. Around 90% of landlords only have one or two rental properties. These landlords may not think they are in the business of providing rental properties, but they are.

The most important part of a business is your customer, your tenant. Like other businesses, it is far more profitable to keep an existing customer than having to find a new one.

Tenants are far more likely to stay in a rental property that meets their needs, is well maintained and is warm, dry and safe. Having long term tenants reduces vacancies which saves you time, money and effort, making good business sense.

Even when your property no longer suits their needs, if tenants have enjoyed living there they will often recommend the property to friends and relatives.

Management is a crucial element of running a good rental property. Having good systems for finding the right tenant is probably the most crucial management activity you will perform. Taking the time to get to know potential tenants and their needs will help you both decide whether your property is the right one for them.

The many years combined experience that the team at Tauranga Rentals has, along with our proven systems and processes, enables us to provide you the right Management service that ensures your Investment Property, and Tenants, are receiving the best possible care and attention.

Thank you for allowing us the privilege of Managing your Investment Property.

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