Blink Property
The good thing about having a Blink Asset Manager, rather than a regular property manager, is that they treat your investment properties as assets that need a holistic finance approach, rather than just collecting rent, conducting inspections and organising maintenance and repair callouts on a case by case basis.
That holistic approach extends to the additional properties that come under their care as you expand your portfolio.
They work alongside you as you journey through your accumulation phase, and when it comes time to pay down debt and retain your assets, they are there to help maximise your efficiency.
One of the most important parts of growing a portfolio is keeping your cashflow in the best position it can be. The less encumbered you are by your debt and costs, the better shape your borrowing power is in.
Blink Asset Managers are paid on commission based on rent paid. So the more rental income you have coming in, the better it is for them. Likewise, the more properties you are able to add to your portfolio, will mean extra rent returning assets that they can manage and earn from if they do their job well. They recognise that property investing is a business and work like your business partner, keeping an eye on your goals and the bigger picture.
Their business model is built around tailored service to a smaller group of investors, rather than having hundreds of different properties and investors on their books and not enough time to give them the right amount of attention.
During routine property inspections, Blink Asset Managers make recommendations based on the financial impact to the property, work towards improving the income of the investment and maximise its return and value.
They also look for opportunities to avoid major repairs later down the track by stopping potential problems at a much earlier and cheaper stage and reducing costs by maximizing the efficiency of any work that needs doing.
This could mean suggesting a new kitchen, or a new hot water system with a five year warranty rather than having single callout costs every time someone has to come and patch up a leak. When something needs to be fixed, you will pay a tradie for an hour, but it doesn’t take an hour to fix it. So a Blink Asset Manager will look at using that hour to have the tradie perform checks on other parts of the building to save a separate callout cost later down the track.
Blink’s experts will also look at ways you can maximise depreciation, depending on the type of property you have and what is happening in the building and provide other tax friendly tips to free up more cashflow. They have the knowhow to remind you which forms of insurance you are eligible for and could benefit from, plus will know when government grants or packages are due to wind up, or changes to rental laws come into effect.
Most of us have been rental tenants at some point in our lives and know how it feels to be neglected or disrespected by property managers. Blink Asset Managers foster good relationships with tenants, because a tenant is actually one of the most important assets you can have. The more a tenant feels comfortable and looked after, the likelier they are to treat your property with respect, commit to a long term stay, and even pay rental increases when the market deems it as fair. All of this contributes to your ability to save and earn more money in the long run.
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