PM in Vermont - Eastern Melbourne

Discussion in 'Property Management' started by lazyhorse, 15th Sep, 2017.

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  1. lazyhorse

    lazyhorse Active Member

    Joined:
    27th Jun, 2017
    Posts:
    41
    Location:
    Melbourne
    Hi Guys,

    Looking for recommendation (or who to avoid) for PM in Vermont, Melbourne.

    We have had our current one for 5 years now, but think it is time to move on.

    Cons
    • Never call/email to let us know our PM has been replaced
    • Never respond to emails
    • Never set Out of office on email when going on leave
    • Have never had an inspection report in 5 years
    • This year we had to chase our Annual tax report
    Pros -
    • Price - fee is 5% so that seems OK
    • Vacancy - only vacant for about 1 week in 5 years. That being said we had to drop the price by $50 when it was first listed and was vacant for 2 months

    Cheers
     
    lazyhorse, 15th Sep, 2017
    #1
  2. Iamnumber5

    Iamnumber5 Well-Known Member

    Joined:
    31st Dec, 2015
    Posts:
    352
    Location:
    australia
    We use Harcourt Rowville. They have been great all this years.
    Inspection is done every 6 months (photoes supplied to us). Emails replied immediately, 24 hrs the latest. They manage most of our family IPs from outer eastern suburb to the west.
     
    Iamnumber5, 15th Sep, 2017
    #2
    lazyhorse likes this.
  3. Simon Moore

    Simon Moore Residential & Commercial Mortgage Broker Business Member

    Joined:
    4th Mar, 2016
    Posts:
    556
    Location:
    Level 2 287 Collins St Melbourne VIC 3000
    Simon Moore, 15th Sep, 2017
    #3
    Lil Skater and lazyhorse like this.
  4. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    8,171
    Location:
    03 9877 3000
    I can highly recommend:

    Kym Ryan
    Ryan Property
    0418 337 627
    03 9899 6099
    [email protected]

    Kym is the owner of the business with over 15 years experience.

    Extremely proactive. As an example, we have a problem with Yarra Valley Water. Kym solved the problem, then several months later followed up a fortnight before the next bill was due to ensure that the same issue didn't come up again.

    Incidental 5% is incredibly cheap, but from your list of grievances, you're kind of getting what you paid for.
     
    Last edited: 15th Sep, 2017
    Peter_Tersteeg, 15th Sep, 2017
    #4
    lazyhorse likes this.
  5. lazyhorse

    lazyhorse Active Member

    Joined:
    27th Jun, 2017
    Posts:
    41
    Location:
    Melbourne
    We use Harcourts in Mount Eliza for a PM down on the peninsula and would highly recommend them.
     
    lazyhorse, 15th Sep, 2017
    #5
    johnmteliza likes this.
  6. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    8,171
    Location:
    03 9877 3000
    I'm using the local Harcourts for one of my Brisbane properties and they've also been great. I've generally noticed that property management is highly dependant on the individual PM. The industry overall has improved, probably with the maturation of technology, but it still comes down to the individual.
     
    Peter_Tersteeg, 15th Sep, 2017
    #6
  7. johnmteliza

    johnmteliza Well-Known Member

    Joined:
    28th Aug, 2018
    Posts:
    317
    Location:
    Mornington VIC
    Do you still use Harcourts?
     
    johnmteliza, 17th Nov, 2018
    #7