‘Tis The Season to Renew Your Investment
We are now six months into the financial year, and Christmas is upon us again.
Now is the time to do a six monthly stocktake on your investment property. After all, the end of financial year is only another six months away.
Take time to review your investment property and ensure that you have all your rent statements in order. Do you have copies of all your outgoings and invoices? Do you have a copy of your lease agreement and are your insurances up to date? Is council, water and strata paid and not overdue?
Call your property manager to ensure that there is no outstanding or preventative maintenance due and that your rent is at market value and up to date leading to the Christmas period.
By doing a six monthly stocktake on your investment property you will avoid the last minute rush at the end of financial year which can cost you time, dollars and creates undue stress when searching for documents needed by your accountant.
Staying on top of repairs and rent payments at this time of year gives you peace of mind during the Christmas/New Year period.
Blackburne Property Management can help keep you on top of it all, so you can enjoy the Christmas festivities, talk to us today.