She Renovates

162 - Property Management to Build Wealth with Penelope Valentine

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Penelope Valentine from Property Alchemy joined me to talk about investing in property. Penelope and her partner, Belinda, are particularly skilled at managing investment properties.

After you purchase an investment property and add value to it through renovation, it is important that it generates wealth over time. Penelope and belinda are both long-term property investors and understand the value of a great property manager.


EPISODE HIGHLIGHTS:

  • [01:38] Property management
  • [03:57] Things that a property manager will perform.
  • [04:48] How to advertise the property
  • [6:14]  Current status of property rents in Sydney Australia
  • [07:51] The two systems of managing properties.
  • [09:35] Financial model of property management requires brilliant systems
  • [10:55] How to choose a property manager.
  • [12:51] Should an owner be attending inspections?
  • [18:13] General things that most tenants tend to look for.
  • [20:43] How does the residential tenancy act impact landlord


    • Resources


    Penelope’s Website

    https://propertyalchemy.com.au

    Temple and Webster

    https://www.templeandwebster.com.au

    Women in Renovating Workshop

    www.theschoolofrenovating.com/womeninrenovating


    Connect with The School of Renovating

    ASK BERNADETTE

    https://www.theschoolofrenovating.com/podcasts-page

    Subscribe to She Renovates Apple Podcast

    https://apple.co/3faoWlT

    Subscribe to Youtube:

    https://www.youtube.com/c/TheSchoolOfRenovating

    Follow on Twitter

    https://twitter.com/renovatingsc

    Follow  on Instagram

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    Follow  on LinkedIn

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    She RenovatesBy Bernadette Janson
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