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Investment Property Management
Property Management is a profession in its own right although it comes under the name of "Real Estate" it is a completely different organisation with as our Managing Director calls it a different animal to deal with.
We advise people to use a professional body that will look after their interests twenty four hours a day seven days a week.
The fee for property management is usually between 7% and 8% of the rental gross per anum plus what they call petty's and posties
(Administration costs & charges) where as the "Property Manager" looks after the day to day running of your business for you.
All this is tax deductible and can be claimed by you through a tax agent or accountant we strongly advice investors to use these professional personnel.
To help save you TAX $$$ this is called leverage or negative gearing your property. When you have multiple property investments you will understand the value of what is written here today.
We at Pegasus Alliance Have our own Property Manager that can assist you in all your needs and requirements we also have a panel of accountants that specialise in this form of investing that can assist you with your Income Tax Returns.
Pegasus Alliance recommend the use of a Quantity Surveyor for the depreciation schedule with your investment properties.
All this can be achieved by using the Pegasus Alliance method of investing wisely.