dhuy, have a friend she has 5 properties, she will not allow an agent to handle anything.........she says the agents have no respect for investments, no credentials to look after her assets, say each prop is worth 350,000 x 5 = 1,750,000 thats a lot of money, and its her super/retirement money, accordingly she vets all her tenants, monitors the rent payments to make sure they are up to date, whether they pay weekly, fortnightly or monthly...........is quick to contact them if the rent is not paid on time......she does a drive by of each property weekly, and has regular inspections to make sure the props are not being trashed.....now that might be impossible for some people to do, but all the props are in the same regional city she resides in.............some people might say that is too much time to spend looking after an investment, but she says its her money and she is probably the best person to look after it............ most landlords have at least one horror story of an agent allowing tenants to trash the property, or turning a blind eye to it, I would do the same if I could, but live in another state.....thinking about looking at offering one place as a short stay, earn about 100-150 per day from weekly to max about 2 months............better returns and the agent must keep the prop in good order, bigger bonds etc, different type of agent too cheers
