FAQs
What is property investment and how does it work?
Property investment involves purchasing properties to generate income and/or increase the properties value over time. Investors can earn returns through rental income, property appreciation, or a combination of both. At Paramount, we make property investment simple and hands-off for Landlords/Investors by managing every aspect of the process, allowing you to enjoy reliable, long-term returns without the day-to-day hassle once you have purchased your property investment.
What is Guaranteed Rent?
Guaranteed Rent is a service where Paramount effectively become not only your tenant but also your property manager. Your monthly rental income is directly from us, paid monthly in advance. Even if the property is empty. Also the rent is paid on day one of the lease commencing.
Do I still get paid if the property is empty?
Yes. Your rent is guaranteed — If we experience a void period, you do not.
Who manages the residents and maintenance?
Paramount handle it all. This includes compliance obligations, day-to-day maintenance, and quarterly inspections. It is a completely hands-off experience for you.
What are the benefits for Landlords?
- Fixed secure income
- No rent arrears
- No void periods
- No court fees or evictions
- No management or maintenance hassle
- Compliance and safety are handled by our experts
- Long-term peace of mind
Who pays for repairs?
Paramount covers routine maintenance and minor repairs.
Any external or major structural repairs remain the landlords responsibility, as per the terms of the lease.
Which compliance and regulatory requirements do you handle?
At Paramount our dedicated Asset Management Team manage all essential property compliance on your behalf. We will also notify you or any regulatory changes along the way.
Do I still have control over the property?
You retain ownership and ultimate responsibility for the property. However, day-to-day management are handled by Paramount.
What happens at the end of the contract?
When the agreement ends, we can negotiate to extend the lease or hand the property back to you if you wish. We will hand the property back to you in an acceptable condition, except for fair wear and tear. Almost all of our landlords renew with us as they are impressed with our services.
How do I get started with Paramount?
- Step 1 – Get in touch: Give us a call or simply fill in our Contact Us page to register your interest.
- Step 2 – Initial discussion: We’ll have a quick chat to confirm that your property is suitable and arrange a convenient time to visit.
- Step 3 – Property visit: Our investment services team will carry out a free rental valuation and inspection of your property.
- Step 4 – You’re a paramount Landlord: Once agreed, we can start letting your property in as little as 24 hours
– and your guaranteed rent begins right away. - Step 5 – Take a seat and relax.
