When should I rent my property? There is definitely better times to rent out your property, however we understand that sometimes this is just not possible. The rental market changes from month to month and year to year. The main factors that impact on the rental market are, the number of available rental properties, interest … Continue reading When is the best time to rent out a house / apartment?
If you're looking to buy an investment property or you have a property investment loan expiring soon, then you will want to read on. At the moment lenders are mainly focusing on your serviceability rather than your equity position. Here are 5 tips before applying for a loan. 1. Check your credit history. It's free … Continue reading 5 Tips For Property Investors Before Applying or Renewing A Loan
A common question that our property managers in Sydney are asked by our property investors is "my tenants lease is expiring soon, what are their intentions". We understand that security is important for some investors and they want to avoid having a property vacant or becoming vacant at an unsuitable time of the year. There … Continue reading My tenants residential lease agreement is expiring soon!
Finding good tenants is a priority for property investors irrespective of what is happening in the rental market. What we are experiencing in the current residential rental market is applicants been approved by agents and investors very quickly. There are 2 main reasons for this is occurring; We are experiencing an oversupply of rental properties … Continue reading Act quickly or miss out on good tenants!
From time to time our property managers are asked "my tenant has been paying the same rent for a while shall I increase the rent"? It's likely that your costs of owning a residential property investment have increased and you would like your rent to increase with those costs or at least in line with … Continue reading My tenant has been paying the same rent for a while shall I increase the rent?
Every investor wants to ensure they find good tenants for their property, but this doesn't always happen and we hear lots of horror stories. Selecting good tenants is a key in property investment, it will reduce both emotional and financial stress for you. It will also likely keep the property tenanted for longer and will … Continue reading How to find good tenants?
Frustrated you haven't been able to buy your first property or investment sooner! Entering the property market is a big commitment and as a first time buyer or as first time investor you are faced with many challenges. It can be scary as a lot of money is involved and fear can stop you … Continue reading Frustrated you haven’t been able to buy your first property or investment sooner!
Luke Moroney who educates investors on buying property says after you buy your first investment property, the 2 keys actions are to stay in the game & to start looking for your next deal. 1. Stay in the game A lot of people buy their first investment property & then literally put their feet up. … Continue reading After you buy your first investment property!
Investors seem to tolerate been unhappy with their property manager and hope that the situation will improve. Rarely does the situation improve and it's best to for a landlord to change property managers if things don't improve and find a new property management company / rent manager, before you start spending a lot of time … Continue reading Top 3 reasons investors are not happy with their current property manager.
Treat tenants with respect, be friendly & helpful. Remember they are helping you pay a mortgage or providing you an income. Good communication throughout the tenancy & maintain a positive relationship. Respond to their questions in a timely manner. Attend to repairs and maintenance promptly. Consider their needs and understand the points they raise from … Continue reading 4 ways to keep a good tenant living in your investment property longer.