Property Management, Uncategorized

 

Property Management, Uncategorized

There are many property management misconceptions surrounding what the landlord is and isn’t responsible for. Here Larnio Property busts these myths for you…

Light globes:
Yep, light globes. While this may seem like an easy tenant fix, landlords are in fact responsible for the changing of any blown globes. We always advise our landlords to make sure all light globes are working at the commencement of the tenancy. 

Garden maintenance:
Tenants are required to maintain the lawns and gardens to the same standard as at the commencement of the tenancy, which includes mowing, edging of lawns, weeding, removal of leaves and watering. Landlords however are responsible for the long-term upkeep of the gardens, such as pruning and fertilizing.

Gutters:
Gutters are a point of contention depending on which property manager you speak to, however at Larnio Property we recommend that landlords regularly organise the cleaning of the gutters themselves  to eliminate any possibility of injury resulting in litigation issues and also ensures the gutters are cleaned properly and regularly.

Fly Screens:
It used to be the case that a landlord was obligated to provide fly screens on all exterior windows, however, in 2016 the legislation was updated omitting this obligation.

For more information regarding all landlord obligations, please give me a call on 0468 793 299.

Property Management, Uncategorized

So, you’ve decided to use the services of a Property Manager…but where do you start when they all say they offer the same services?

The best way to weed out the bad from the good (or the exceptional as in the case of Larnio Property) would be to ask the following questions:

How many years have you been working as a Property Manager?
A Property Manager is not just a rent collector. A good property manager needs experience to learn and understand the ins and outs of the job. Some things, such as dealing with different people from different backgrounds or understanding legislation and the regulations that keep both the landlord and the tenant safe or effectively resolving problems, is something that is best learnt on the job. Experience in the industry is key!

What is your staff to property ratio?
A Property Manager who manages properties in excess of 130 could be overworked and stressed. Managing a high volume of properties can lead to mistakes, lack of attention to detail and poor communication. This can also result in a revolving door of people looking after your property.

What is your department structure?
It’s good to know if you are dealing with a team of Property Managers or dealing with one person dedicated to looking after your investment. Working with a team of property managers, while on face value could seem beneficial with more than one person working on your property, could in fact lead to things being missed if they are not communicated properly or could mean you are constantly talking to different people about the same issue. Dealing with one Property Manager allows for continuity and a seamless end to end customer service experience.

What are your fees?
While this may seem like an obvious question to ask, it is not as important as you think. The cheapest agent doesn’t always equate to the best service. If you choose an agent based on fees alone, you could end up with poor service which can quickly become a costly exercise in loss of rent and property damages. What you may of saved in fees, could end up costing more in the long run with poor management.

What do others say about their service?
Don’t let them tell you about how wonderful they are, ask to see testimonials or read the agencies Google reviews to hear what their customers have to say about them. 

Here at Larnio Property, Director Selena Larnio has more than 17 years experience working for some of the State’s leading agencies. Larnio Property keeps its staff to property ratio below the industry average in order to provide the best dedicated service possible.  Larnio Property offers one-on-one service – from the initial signing, to the tenant selection, right through to routine inspections and bond refunds – your property is in the hands of one person, who will get the best for you and your investment. Contact us today to learn more about our fee structure and our services…

And to hear what others have to say about us…click here! 

Property Management, Uncategorized

Larnio Property prides itself on its careful and considered selection approval process and on its ability to choose the best person for each individual property. 

Tenant selection is the most important aspect of the property management process. Selecting the wrong tenant can cost you thousands of dollars and cause unnecessary stress down the line. The key to finding the right tenant lies not only in finding someone who is financially capable of repaying the rental income, but also someone who is a suitable mix for the type of property on offer.

Happy tenants who are content with the property on offer also makes for happy landlords. The benefits of finding the right tenant can usually mean long-term continuity of tenants and can save the landlord hundreds of dollars in re-letting expenses and alterations. 

Larnio Property offers:

1. Background checks on publicly available information

2. Rental History, character and employment checks 

3. 100 points of identification

4. National Tenancy Database Checks

A property manager who understands the importance of this process and who takes the time to ensure that all checks are completed, will equate to a stress-free tenancy.

Get in touch with Selena today to find out how Larnio Property can help you!

Property Management, Uncategorized

The median house prices for each suburb were last published in December 2018.

Find out how your suburb fairs and track its price change from the previous year to see if it has risen, stayed the same or fallen.

These prices are a good guide to what the average price of homes are in your area. 

Click here to view the median house prices for the December 2018 quarter.

Property Management, Uncategorized

Welcome to Larnio Property! It’s nice to have you here…

I started this business in late 2018 with a dream and a desire to create my own Property Management agency. I have over 17 years experience in the industry, having started my career straight out of school. Since then I’ve worked for some of the State’s leading agencies and gained a wealth of experience, knowledge and insight into just what it takes to be a great property manager. And trust me, that isn’t a sentence I take lightly…I am dedicated to providing the best customer service for both my landlords and tenants, so both parties get the best out of their investment and commitment to Larnio Property.

I don’t have a team of people behind me nor do I have a revolving door of property managers exiting my office, it is just me. You get one-on-one service – from the initial signing, to the tenant selection, right through to routine inspections and bond refunds – your property is in my hands and I am dedicated to getting the best for you and your investment.

I pride myself on my passion, organisational skills, attention to detail and commitment to providing honest and clear communication with both landlords and tenants.

Take this journey with me…you won’t be disappointed.