Have you ever thought about investing in real estate and renting out properties to other residents? Alternatively, do you already own a property that you think could yield solid month to month earnings?
Many would-be landlords have property investments that could deliver a substantial amount of capital if they were marketed as rental properties. However, many property investors get turned off at the prospect of being landlords. They like the idea of earning money from property rentals but are not interested in taking care of the day-to-day property management tasks entailed by being a landlord.
Leave Your Property Management in Burwood to Cooper Newman Real Estate
At Cooper Newman Real Estate, we offer an ideal solution to this dilemma. If you hire us, we can provide property management services for your rental property in Burwood. What does this service entail? Essentially, it means that we take care of all the day-to-day burdens of being a landlord. We liaise with your tenants, inspect and maintain your properties, collect rent and more.
Essentially, when you hire Cooper Newman as your property manager in Burwood, we allow you to make managing a rental property a passive source of income. For landlords, property management is an active source of income—to the point of being a full-time job. Landlords are constantly fielding calls or emails from tenants, liaising with prospective tenants, handling maintenance requests, keeping track of who has or has not paid rent, cleaning and repairing units to prepare for new tenants and more. For nice, spacious rentals with competitive locations, all of this work can yield a sizeable monthly return, but it is definitely work.
If you are a real estate investor, you probably have neither the time nor the inclination to become a full-time landlord. You might have another full-time job that precludes you from handling property management tasks effectively, or you might just not be interested in shouldering the hassle. By hiring a third party company to serve as your property manager in Burwood, you can enjoy the income that a rental property generates without the hassle it brings. For a percentage of your monthly rental property earnings, Cooper Newman Real Estate will take on the hassle and allow you to earn a sizable passive income from the properties you own.
Learn More about Cooper Newman and Our Property Management Services in Burwood
If you have been thinking about turning one of your properties into a rental but have been discouraged because of the landlord requirements, give us a call at Cooper Newman Real Estate. Whether you have one property that you want to convert into a rental or a dozen properties, our team has the bandwidth to handle the property management needs for you.
To learn more about Cooper Newman and our experienced property managers in Burwood, feel free to give us a call on 03 9831 9831.