Considering Managing Yourself?

Renting out your property for short-stay and handling the management yourself is possible, even if you’re new to it. If you are willing to invest time, patience, and learn from potential hurdles, you can definitely manage it on your own.

Your success will be measured by how often your property is occupied and the income you generate compared to the time and effort you put in. Starting out, progress might be gradual, so be patient with yourself. 

Important Considerations!

Depending on your circumstances, there might be tax implications, so consult your accountant before you start.

You will need insurance, so explore policies with your preferred insurer. Remember to read and understand the fine print as policies can differ significantly. – Different states and territories have varying laws related to safety and landlord obligations, so familiarize yourself and pay attention to details.

Councils and Body Corporates have their own regulations too, especially for short-term  rentals, which can add complexity. Research these to avoid issues later.