Owning and running your own residential complex business can be an expensive proposition that you might not be able to handle. Aside from this, you get to face a lot of challenges from irate tenants to late mortgages, which you would have no choice but to keep up. As if these are not enough, you also need to adjust to various changes that constantly beset the residential housing industry.
You might have been thinking of giving up and retiring someplace where you could enjoy the sun. Well, guess what? You need not retire to relax, Resort Brokers Australia says. You can unwind and enjoy while earning a comfortable 20-25% running the same business, albeit, in a modified manner.
An Opportunity of a Lifetime
Developers who build residential complexes often find it beneficial for them to have somebody run the place for them. It’s all about territory, you see. These developers might be good in the creation of living space and quarters for the populace but operating is an entirely different story. You can try to engage these developers to enter into a contract with you over management rights in Sydney.
Essentially the Best Work at Home Job
This type of business is where a resident manager takes care of many aspects of the business operation. In this type of setup, you will be purchasing one of the units in the residential complex, where you will run the day-to-day management affairs of the complex. In exchange, you then receive a salary commensurate to your tasks which might involve taking care of the pool, hallways, entrance area, gardens, and many more. It’s like working at home with a great salary and potentially huge return on investment, coupled with totally flexible working hours.
Other Income Stream
Aside from the direct income you can earn, you can also set up essential services that will effectively boost your income stream. Some of these may include housekeeping services, linen rentals, car service, and more. You can also enter into a Letting Agreement with the unit owners in case they would like to let their units be rented out while they are away on vacation. Resident managers, yes that’s you, earn a substantial commission from such rent.
There are a lot of business opportunities that you can engage to have a steady income stream. Entering into this type of management deal is one of those business breaks. What can you ask for? You work from home with a great degree of flexibility when it comes to working hours, plus you earn a stable salary and commission opportunities. As such, you can enjoy a lot of your free hours basking in the sun while sipping your favorite beverage.