The Management Rights Specialists

Buyers consider property management rights as a secure business offering a high return on their investment. They are also often looking to find the right combination between work and lifestyle.
To run a permanent residential business, you would be expected to care for the complex as if it were your own house - only more. As such, your own personality will determine if this type of business suits you. You will become a Real Estate Agent, caring for the investors' property and collecting their rents. Great public relations skills, ability to organise marketing, a keen eye for detail to ensure the product you are selling is presented to the highest possible standard are all characteristics you will need to excel in to consider managing a Holiday Complex.

You are able to borrow up to 60% of the total purchase price with the residence portion standing as security for your business loan. Take a look at your finances and consider what borrowings you are comfortable with. Iincome residue after borrowings must support your lifestyle (see finance for more details).

The Managers residence may vary from a 1 bedroom unit to a 4 bedroom free standing house. To obtain your ideal business you may have to be flexible however, If your accommodation is an essential factor then put this at the top of your requirements.

There are basically two types of property management rights to consider.

Firstly there is a Holiday Complex. A Holiday Complex is full-on. It has the cut and thrust of people, usually happy people, coming and going, there's a lot more office work and longer working hours. There are higher returns and more "buzz".

A Permanent Complex is easier to run, less office work and a lot more free time, no Sunday work and none, or only half a day on Saturdays. More time for family and other pursuits, less income generally, but not always. Do your research. Often, more gardening than a holiday complex.