Welcome to Property Investor Tales stories from the front yard, where I get to speak to property investors from around Australia about their investing journey. My name is Megan Wolfenden, and I'm one of the advisors here at Positive Real Estate, where we help people build wealth through property with over 8000 clients across Australia and New Zealand. There are some incredible stories to tell, which hopefully make your investing journey that little bit easier and will inspire you along the way. 

In this episode of Property Investor Tales, Tabitha Bright interviews Stephen and Sandrina from the R&W Plus Property Management team. They discuss the importance of having a successful relationship with your property manager and the do’s and don'ts for landlords. They also talk about the challenges property managers face when owners get too involved with tenants and the impact of emotional attachment on investment properties. The conversation highlights the need for clear communication, documentation, and trust between landlords and property managers. They also emphasise the importance of running investment properties like a business and making informed decisions based on market conditions.

Chapters

00:00 Introduction

03:44 Dos and Don'ts for Landlords

06:02 Avoiding Emotional Attachment

09:54 Trust in Property Managers

23:31 Importance of Insurance

29:05 Running Your Investment Property Like a Business

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I love hearing people's property investor tales so if you’d like to share yours then please get in touch with me via email at  propertyinvestortales@positivementor.com.au 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au