siliconindia | | DECEMBER 20224 PublisherAlok ChaturvediA Sensible Approach to Enhance Your Property EditorialProperty Management plays a crucial role in the manage-ment of real estate property. As with every type of invest-ment, putting and investing hard-earned money into real es-tate can bring significant risks. Whether it's an unexpected slump in the market or rising strained rental affordability, there's always a possibility you might lose when you play the property game.Effective property management can be the finest way to minimize risk and get ahead. People interested in a property management career may understand the importance of good property management and con-sider the following points in their careers.A good property manager knows how to acquire return on invest-ment deals on the rental returns for an investment property. If a con-sumer has the right rental income, their property will work towards a better ROI. The property portfolio will work like a well-polished ma-chine when the property manager recruited performs for the company with fervent enthusiasm. Often, an investor's investment goals should be factored into the approach taken. If completed with efficient accuracy, this may lead to expenditure reduction such that there is minimum outlay and the full benefits come in tax time. Experienced property managers would, therefore, also appreciate the tax benefits of owning an investment property. Buying, renting, and moving, can be hard on people. Providing ten-ants with good property management increases their quality of life with greater effects. A tenant who knows available and can align their needs will focus on specific areas of their life, such as family growth or per-sonal career, and be happy to give the company a reasonable price.Good management of properties ensures the safety of other tenants. It doesn't only look great in the present but also in the future. A property manager can be familiar with the best and most cost-efficient suppliers in the local area to reduce the cost of maintenance. This is your money, so it needs to be handled carefully.It is important to bond and form a good relationship with the prop-erty investor for which they work and the tenant for whom they are responsible. The proficiency for establishing and maintaining good re-lationships lies at the height of significance for effective property man-agement. When effective communication is combined with the regular contact required for a property to enhance, an investor can stay focused and form better trust with the property manager.Emmanuel Christi DasEditoreditor@siliconindia.comVol 10 · Issue 08 - 02 · DECEMBER, 2022Editorial TeamHeena KousarHima P. M.Avinash BarikHoney KumariManager - DesignPrabhu Dutta A.R.N RayArt ManagerSuanya Chakraborty Visualizer Mrigank Sharma Rafik MohammedGM- Sales & MarketingRohit KumarAdvertising ManagersAshwini D NaikShilpa Selvaadvertise@siliconindia.comEditorial Querieseditor@siliconindia.comCirculation Manager Magendran PerumalTo subscribeVisit: https://www.siliconindia.com/subscribe/or send email to subscription@siliconindia.comMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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