Let’s be blunt. Buying an investment property is the easy part. The real work, the part that determines whether you have a high-performing asset or a high-maintenance headache, comes next. And the single biggest mistake I see investors make, time and time again, is trying to juggle everything themselves.
I get the logic. You want to save on fees and maximise your cash flow. I understand wanting to control costs. But this is a classic case of being penny-wise and pound-foolish. Your job as an investor isn’t to screen tenants on a Tuesday night or coordinate a plumber on a Saturday morning. Your job is to find the next deal. Your most valuable asset isn’t your property; it’s your time. Wasting it on tasks that a professional can do more efficiently is just bad business.
The legal landscape alone is a minefield. The amount of legislative changes we’ve seen in the last few years is staggering. One misstep with compliance, one incorrect notice served, and you can find yourself in the Tenancy Tribunal with a significant financial penalty. Is that a risk you’re willing to take?
Working in Real Estate Sales, I saw countless clients buy great investment properties only to struggle with the management side. 360 Property Management didn’t just become the #1 Property Management office for Ray White by accident.
It’s the result of a relentless focus on two things: maximising our clients’ returns and minimising their risk. A great property manager ensures your property is tenanted faster, with a higher quality tenant, at the optimal market rent. They handle the maintenance, the inspections, and the legalities, freeing you up to focus on growing your portfolio.
The choice is simple. You can have a second job as a landlord, or you can have a professionally managed asset that performs better for you.
Want to know more about what 360 Property Management can do for you? Click HERE.