The 6 Big Ticket Items Every Landlord Needs to Know to Get The Most Out of Their Rental Property.
The benefits of property investment are well known. The ability to generate rental income whilst simultaneously creating long-term financial security and potential capital gains are all major drivers for investors in the Australian residential market.
But what many investors and landlords forget is that purchasing your property, albeit an extremely important decision, is just one aspect of successful investment.
To be truly successful, you must also consider the short to medium term requirements that come with owning and renting out your property, including…
- How to purchase in the right location (the key things to look out for)
- What type of property you should be looking for (location, type, size, condition)
- Getting the best rent (how to achieve the highest rent possible)
- The benefits of getting a property manager on board (how they can save you time and money)
- The importance of bond collection (how it can save you money and protect you in the long run)
- How to pick the right tenant (that will pay on time!)