You can manage your own Property (and still have a holiday!)

Commercial Property Management can be daunting. There are a lot of aspects to consider like building maintenance, compliance and cleaning, health and safety, collecting rent and arrears, setting, managing and reconciling outgoings budgets, managing your leases and tenants. And that is even before Covid related issues, vacancies and new leases to consider.

It is no wonder that most commercial Landlords turn to property management companies for help.

I spent the last 23 years working for companies that look after both internal and external clients’ properties. Full-service management does give you a total solution for your management needs, but is it giving you the level of service you want at a reasonable price? Do you feel like you have sufficient control of your valuable assets?

What if you could take back control of your assets, save money, and still have the support of a professional property manager when you need it?

I know many landlords that are skilled at certain aspects of managing their own properties. Builders, Plumbers or Engineers that have a good understanding of how buildings work and how to maintain them, but do not want to keep track of rent payments or follow up tenant arrears. And other landlords who have good relationships with their tenants but would rather not be available to them 24 x 7.

CPPro is the first company in New Zealand that offers landlords an opportunity to manage their own properties with the support of a professional, experienced commercial property manager. We can take care of any aspects that landlords do not want to manage themselves. Do as much or as little as you like. You could book that holiday and be confident that your buildings and tenants will continue to be cared for while you are away.

There are also some great NZ based tech companies that offer software solutions that help you manage your own property.

Ofek Technologies offers OPM, which includes property and facilities management as well as financial software. This system allows you to manage all aspects of your property in one easy to use package.

Re-leased offers automated intelligent Property Management software. It links to Xero for your accounting needs or has a built in trust accounting function if you prefer.

Both are intuitive and easy to use.

Software systems like these can manage your leases, keep track of your rentals, provide tenancy schedules to your bank and also make sure your rent reviews are done on time. They can keep track of your maintenance and outgoings and alert you when important lease, insurance or maintenance dates are approaching.

If you were to pair modern property management software with the support of a Commercial Property Professional, you could achieve better results at a fraction of the price. And you can be as hands on with your valuable assets as you would like.

And when you are ready to book that holiday, reach out to my friend Katrina at House of Travel Botany Junction and she will make that easy for you as well!

With a little bit of help anyone can manage their own commercial property.

Regards,

Kirstin