Investopoly Ep 373: Property Management- How to manage the manger and picking a tenant
In this episode, Stuart tackles a vital topic for every property investor: how to manage your property manager effectively, rather than being managed by them. He explains why great property management is essential for protecting your investment and cash flow, and how unrealistic expectations or poor communication can lead to costly mistakes. Stuart shares practical tips on navigating maintenance requests, managing rental increases, attending inspections, and choosing the right tenants, all while maintaining the right level of owner involvement. He also covers how to identify and switch to a high-quality property manager, including what fees to expect across different states and what to look for beyond price.
Later in the episode, Stuart answers a listener's question from Anne about strategies for helping her son prepare to buy his first home in Brisbane. He explores different ownership and living options, including renting the property first or moving in straight away, and explains the CGT implications of each. Stuart also offers advice on choosing the right type of property, balancing ambition with practicality, and structuring the loan, comparing offset accounts versus fixed-rate options for young buyers. Whether you’re a seasoned investor or helping someone get started, this episode is packed with grounded, actionable guidance.
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