If your approach is to wait for the right market opportunity, when was the last time you reviewed the market? Or, do you increase the rent as the property becomes vacant and risk missing out on potential increases along the way?
When renting a property, appliances like air-conditioners, gas heaters, dishwashers and sometimes fridges can be made available for use by tenants. Should these appliances be supplied, some simple rules need to be understood as to avoid any surprises later on.
Most times when we undertake the leasing and marketing campaign for a rental property, the presentation is a result of the last tenant. There is much to gain by getting the presentation of a rental property to a level of appeal. In
There is more to the vacating process than a final inspection and releasing the bond. Below is a checklist to follow to ensure that all of the bases are covered before you release the tenants’ bond. 1. Tenant responsibilities: Has
So, you’ve made the decision to begin or expand your investment property portfolio. You’ve taken into consideration the location, projected capital growth, annual return and price range and you need to work out the best finance option. Assessing whether fixed
In property management we see many property investors making the mistake that all real estate companies are the same, and all offer the same service so the best way to differentiate between them is to get cheaper fees. We have found
The nature of renting is often transient, however a lower tenant turnover will mean lower costs. Retaining a current tenant is much less expensive than advertising, approving, and moving a new tenant in. It can also reduce the amount of
Even long term tenants move on at some time. Maybe you have been unfortunate with a string of short term tenancies. Unfortunately we don’t get to choose the market in which our property will become available. Vacant rental properties affect