The Risks of Managing Your Own Investment Property

At HomeGlow, we understand the appeal of managing your own investment property—flexibility, autonomy, and cost-saving. But self-managing in Queensland comes with legal, financial, and emotional risks that many landlords underestimate.

Here is what you need to know before going it alone:

1. Navigating Queensland Legislation

The Residential Tenancies and Rooming Accommodation Act 2008 (RTRA Act) outlines strict obligations for landlords in Queensland. If you’re managing your own property, you’re responsible for:

• Preparing compliant tenancy agreements
• Lodging bonds correctly with the RTA
• Meeting minimum housing standards
• Serving notices with the correct timeframes and legal language
• Managing entry, inspections, repairs, and rent increases within legal limits

Missing a step—or getting it wrong—can result in disputes, financial penalties, or Tribunal action.

2. Insurance Pitfalls

Most landlord insurance policies require professional management or strict adherence to processes like regular inspections and documented communication. If a self-managed landlord fails to meet these standards, claims can be denied—especially for loss of rent, damage, or liability issues.

Self-management can also impact your building insurance. Many policies require that the property is kept in good repair and that risks—like water ingress, faulty wiring, or structural issues—are addressed promptly. Without professional oversight, these issues may go unnoticed, leading insurers to deny claims based on neglect.

In addition, failing to disclose that a property is leased (or self-managed) may breach policy terms. Some insurers offer reduced coverage or charge higher premiums for self-managed properties, and if you’re found to have not complied with maintenance or access requirements, claims can be voided.

3. Dealing with Disputes

From late rent to property damage or neighbour complaints, self-managing means you’re the first and only line of defence. Conflict resolution, Tribunal representation, and even debt recovery can be complex and emotionally draining.

4. Maintenance and Compliance Oversights

Without regular inspections, issues like water leaks, pest infestations, or safety hazards can go unnoticed—leading to larger, costlier problems. You’re also responsible for staying current on smoke alarm compliance, safety switches, blind cord regulations, and more.

5. Limited Tenant Reach

Private landlords often rely on general classifieds or word-of-mouth to find tenants, whereas professional agencies use high-visibility platforms, corporate relocation networks, and refined screening systems.

6. Understanding the Real Cost of Property Management

One of the main reasons investors choose to self-manage is to save on property management fees. But here’s the glow-worthy truth: property management fees are fully tax-deductible.

That means every dollar you spend on HomeGlow’s expert service reduces your taxable income—lowering your overall tax bill.

And when you consider what’s included—strategic rent reviews, 24/7 tenant support, maintenance coordination, financial reporting, and legislative compliance—the real cost of our service is far less than you might expect.

In fact, when you factor in tax deductions, reduced vacancy rates, minimised risk of insurance claim denial, and stronger tenant retention, our service often pays for itself.

Working with HomeGlow is not just smart—it’s financially savvy.

Peace of Mind Starts with HomeGlow

Our service is designed to help you avoid costly errors and experience the rewards of property investment without the stress. From legal compliance to tenant care, inspections to financial reporting—we do the heavy lifting, so you can sit back and watch your investment grow and glow.

Ready to switch from self-managing? Let’s talk.