• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Results 1 to 4 of 4
  1. #1

    Default How is the best way to go about finding a property manager?

    Hello everyone,

    I am looking for a prperty manager in Wanganui and was wondering if anyone could give me some advice on the best way about doing that? Should I call a few different agents and have them come through and give me a rental appraisal and pick the best one? How does this work? Thank you in advance for any input.

  2. #2
    Join Date
    Sep 2004
    Central Otago, ChCh, AKL


    Hi KIMI

    A rental apprasial will not indicate which PM is good or bad. A high apprasial will not reflect better agent or lower apprasial = Bad agent.

    Best way to find a good PM is referral and recommendations - The local property investors association would be good place to start asking.
    New Zealand's #1 Marketplace for Property Investors & Sellers!
    FREE Access to HOT Property Deals

  3. #3
    Join Date
    Mar 2007


    Hi Kimi.
    Orkibi is right, ask the local investor association.
    As an ex owner of a Property Management Coy a couple hints:
    A couple times investors were vetting us, they asked for a couple references of Landlords we looked after, get a number and ring them. Its no different than interviewing for a tenant.
    Check their fixed costs vs hourly rate costs, some do the later, it will cost you big $$$.
    Ring around, talk to them, get a feel for them. If they dont take 4 weeks bond, dont work with them, if they dont issue 10 day letters immediately something goes wrong dont deal with them.

    Again do as Orkibi says, contact the local PIA.

    Good luck.
    Last edited by Puff; 13-12-2011 at 09:33 AM.
    To Sell or Buy Investment Property contact us. 0800 NZ PROPERTY or 021 402990
    *New* Check out our weekly free property show http://propertyventures.co.nz/podcast

  4. #4
    Join Date
    Mar 2005


    Hi. Some of the PMs in Wanganui are handling too many properties for the no. of staff they have. I recently moved to Landlords Link. I'm trialing them for a year, but was impressed with Tracey and her staff and their professionalism. They work a bit differently in that you still have the rent coming to you and you are still responsible for paying the accounts for R & M etc. There's a weekly fee of 4% which covers minor things such as contacting your plumber etc and an hourly charge for inspections, finding tenants etc etc. They had a suitable tenant moving in within 3 days of me contacting them. I'll be interested to see what the percentage works out for the whole year.

    A definite no for the Professionals who are lacking in experience in their rental division.
    Wanganui has a lot of empty properties at the moment in the low end of the market which are just sitting.
    It will depend on the type of property you have, how quickly it rents out.


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 4
    Last Post: 12-10-2016, 09:26 PM
  2. Finding tenants and property manager
    By swanman68 in forum Property Management
    Replies: 34
    Last Post: 14-03-2016, 04:33 PM
  3. Finding out who is the landlord of a property.
    By Psilan in forum Tenant Stuff (NZ)
    Replies: 3
    Last Post: 13-06-2010, 11:08 AM
  4. Property Finding Logic
    By Paul34 in forum Property Investment (NZ)
    Replies: 77
    Last Post: 11-12-2008, 07:24 PM
  5. Property Finding
    By jane in forum Property Investment (NZ)
    Replies: 17
    Last Post: 30-10-2007, 07:46 PM
  6. Finding Property Owners Details
    By spurner in forum Property Investment (NZ)
    Replies: 5
    Last Post: 29-12-2006, 12:21 PM
  7. Hybrid Property Finding Ltd
    By donna in forum Property Investment (NZ)
    Replies: 2
    Last Post: 06-09-2004, 12:01 PM
  8. Property Finding Services
    By cube in forum Property Investment (NZ)
    Replies: 0
    Last Post: 08-04-2004, 11:01 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts