Latest news with #SimoneBoer
The Age
03-07-2025
- Business
- The Age
Everything I wish I knew before becoming a landlord
Simone Boer has seen a thing or two as a landlord. Since buying her first investment property — in her own neighbourhood of Lara, near Geelong, during the GFC in 2008 — Boer has gone on to become the owner of nine residential and two commercial properties, spread across the nation. A 43-year-old mindset and business coach, Boer says being a landlord continues to throw up surprises. 'I can confidently say that I am still learning every day,' she says. However, she has, over the years, developed some non-negotiable practices, based on experience. Here are three things she wishes she knew when she was starting out. A good property manager is recommended 'It's tempting to go with the cheapest option, but a good-quality property manager is worth their weight in gold,' Boer says. 'They can help provide you with accurate appraisals and proper marketing, and get tenants in in a timely manner. 'Not only that, but they also ensure that the tenant's rights and responsibilities are explained to them, so expectations are set from the get-go.' Boer learned the value of a good property manager early in her investing journey, when one of her properties was leased to a young couple with no rental history. They got a large dog without permission, and by the end of the tenancy, the carpet was eaten, internal doors needed painting and external doors needed replacement. 'A better-quality property manager would have flagged these issues earlier, enforced boundaries and escalated sooner.'
Sydney Morning Herald
03-07-2025
- Business
- Sydney Morning Herald
Everything I wish I knew before becoming a landlord
Simone Boer has seen a thing or two as a landlord. Since buying her first investment property — in her own neighbourhood of Lara, near Geelong, during the GFC in 2008 — Boer has gone on to become the owner of nine residential and two commercial properties, spread across the nation. A 43-year-old mindset and business coach, Boer says being a landlord continues to throw up surprises. 'I can confidently say that I am still learning every day,' she says. However, she has, over the years, developed some non-negotiable practices, based on experience. Here are three things she wishes she knew when she was starting out. A good property manager is recommended 'It's tempting to go with the cheapest option, but a good-quality property manager is worth their weight in gold,' Boer says. 'They can help provide you with accurate appraisals and proper marketing, and get tenants in in a timely manner. 'Not only that, but they also ensure that the tenant's rights and responsibilities are explained to them, so expectations are set from the get-go.' Boer learned the value of a good property manager early in her investing journey, when one of her properties was leased to a young couple with no rental history. They got a large dog without permission, and by the end of the tenancy, the carpet was eaten, internal doors needed painting and external doors needed replacement. 'A better-quality property manager would have flagged these issues earlier, enforced boundaries and escalated sooner.'
