Blue Pacific PROPERTY
Our Process
Property Management Overview
Professional Property ManagEment Specialists
Blue Pacific Property is a dedicated Property Management company who believes you deserve a property investment manager with exceptional skills and who cares about your investment as much we do.
We take managing property seriously and our background and experience is aligned to exceptional Property Management. With 30 years combined experience in the following disciplines, we out perform the majority of Property Management companies out there.
Commercially astute FINANCIAL and OPERATIONAL processes applied to the management of your property ensuring all compliance requirements, financial records, reporting and operational processes are maintained to the highest standard.
Well developed PROJECT MANAGEMENT practices ensuring your property is managed effectively day to day, maximizing your return on investment while protecting your property’s capital value.
Our Property Management Process
Blue Pacific Property provides the processes and procedures for a smooth and efficient Property Management operation. We comply with all the legislative requirements in NSW and have regular compliance audits. We seek continued training to ensure we stay abreast of changes and advancements in the industry.
Overview of our leasing Process and Management Services
- Evaluate the property and advise you of any improvements which will maximise the immediate and long term return on your investment.
- Determine the appropriate rent for your investment property and your area to ensure your property is rented quickly and at a rate which maximises your overall return.
- Advertise your property with appropriate dialogue to attract the best tenants, using sign board advertising at the property, numerous online advertising web sites including Real Estate.com.au or Domain.com.au and Blue Pacific Property, and advertising in local papers as necessary.
- Contact all prospective tenants on the Blue Pacific Property database.
Prospective tenants are shown through your property by a Licensed Real Estate Agent. Our staff will use this time to get to know any prospective tenants and their expectations as a tenant and also give them an understanding of what we require from them as their manager.
- All references and information is checked including previous rental history and employment history. We also make a tenant database check (TICA) and with your approval we make a selection of the best applicant.
- Negotiate and prepare the Tenancy Agreement, including any special conditions.
- Supply required statutory documentation and inform the new tenants of their rights and obligations under the leasing agreement.
- Lease signed by both parties.
- Initial rent and bond payments received and bond monies and Bond Form submitted to the Dept of Fair Trading.
- Inspect premises and prepare Ingoing Condition Report.
- Inform tenants of their obligations under the Residential Tenancies Act 2010 and the Residential Tenancies Regulation 2010.
- Manage collection of rent and manage any arrears with strict adherence to the Residential Tenancies Act 2010 to ensure arrears are addressed at the soonest possible time.
- Through comprehensive routine inspection (three monthly then six monthly thereafter) ensure the property is well maintained and is safe and secure and provide a comprehensive report to the landlord.
- Arrange for the various maintenance requirements as required checking all contractor insurances and licenses are current, and consulting the landlord prior to commencement for approval.
- Maintain all financial records as required and report and transfer net rental income to the landlord monthly.
- Review and negotiate rent reviews and tenancy renewals as required.
- Completion of the outgoing inspection report.
- Manage the termination process ensuring the tenant has completed all their requirements under the terms of the lease, attend to the release of the bond adjusting for any outstanding expenses or pursuing any dispute through the CTTT, and compiling the case and presenting as required under the CTTT Act 2001.
- Maintaining open communication at all times with the landlord, tenant and third parties to ensure a highly organised and efficient property management process.
Property Owner Benefits
With over three decades of combined Project
Financial and Operational Management, plus Residential Construction Management and Facilities Management, why would you go past us to management your property? The more prestigious and valuable your property, the more you need our skill set.
At Blue Pacific Property we understand the requirements of property investors and owners We are completely focused on providing a service which ensures you gain optimum return on your investment whilst maintaining your investment to ensure the capital value is maximized.
We think of ourselves as property investment managers who not only provide the highest standard in property management, but also give professional long-term overall investment strategies for your property.