If you have a vacant property, your cash flow stops , your asset is a liability, you increase your chances of vandalism and run the risk of your insurance being void. Vacancy is the number one enemy of property investors! Vacancy on all occasions is done to three P’s : Price Presentation Property Manager Price- 9.5
While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income. With our property markets growing strongly and no shortage of tenants, many
One of the biggest mistakes I see investors make is choosing their property manager on price. Management fees are a tax deduction but the difference between the cost of a good manager and a bad manager can be substantial – both in a monetary sense and in the level of service received. Of course investors
Buying your first investment property can be both exciting and daunting . You’ve poured your hard earned savings and/or equity into a expensive asset, and now you take on the responsibility of being a landlord and the challenges of property management to ensure you maximise the return on your investment property. Over the years I’ve see numerous
As a property investor it’s your job to maximise the return of your assets. One way to do this is to maximise your rent. Here’s a list of 10 ways to do this that I’ve learned over the years gaining experience from looking after 1,200 properties for clients through our property management department: 1. Refresh
I‘ve recently met a few investors who are lured by the “security” of serviced apartments. Usually they’ve attended a seminar or received a glossy brochure, spruiking the benefits of their secure rental returns. But are serviced apartments really as secure as they seem? Or are you just sacrificing a sound, long term, wealth generating investment
The Brisbane property market turned the corner last year with home buyers and investors returning to the market. Research by Onthehouse.com.au has revealed that Queensland is the sixth wealthiest state when it comes to residential property, with 3.3% of dwellings in the metropolitan area valued at over $1 million.