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Author: admin, 21.09.2015. Category: Positive Phrases About Life

Through generating an annual cash return from the investment (rental income less holding and operating costs). Through the capital appreciation you receive when the property is sold and a capital profit is made. As a lot of properties are negatively geared, investors are required to pay the gap in any shortfalls in property expenses until the property is sold, making the property cash flow negative. A trap many investors fall into is that they predominantly look at the end position and forget to focus attention on the here and now. That is, they put all their eggs in one basket (focusing on capital gains) and don’t look at ways to reduce their negative gearing burden – or for the luck investor, further improve their positive gearing position.
This article focuses on first strategy, while Part 2 in the next few days will focus on the second.
Maximising rental yield is about getting the best long-term rent possible in relation to the property’s type, location and the demographics of potential tenants. This means ensuring that the property is neat and tidy, well presented and that everything is in working order.
To do this, you may need to bring in professional cleaners and undertake a maintenance check. Fix any defects before prospective tenants arrive – this will help ensure you get top dollar. Additionally, you could offer something that renters might not be able to get elsewhere to add value to the property that is of little cost for you to provide.
This could include offering internet or cable TV with no additional charge, or something as simple as free garden maintenance.
These ‘free extras’ can always be factored into the rent so you’re not out of pocket, and the tenant doesn’t have to worry about entering into additional property-specific contracts or organising maintenance agreements. This is especially the case for tenants who don’t want the hassle of buying and lugging around their own furniture. A furnished property would typically include tables and chairs, a lounge suite, dishwasher and a microwave, and maybe even outdoor items such as a BBQ and an outdoor setting. However you decide to furnish the property, it is important to keep the needs of your potential tenants in mind (e.g. This type of strategy is best suited to inner city and metropolitan locations, especially for single or couple occupancies where it is more convenient for them to rent rather than own these types of items.


However, you must ensure you get a level of rent that offsets the costs of the furnishings and remember that you have an ongoing obligation to make sure that all items provided are safe and in good working order. There may be occasions where it makes sense to invest a little bit extra to make the property more attractive and help differentiate it from the competition.
Again, these types of investments can be reflected in the rent and can usually be claimed as a tax deduction. This is moving into more expensive territory, and this strategy looks at the current value of the property while keeping in mind the future gains possible.
While renovations don’t have to be expensive, they need to add immediate value to the property and be capable of recouping the initial outlay in terms of a rental premium and capital gain. This helps improve the investment property’s financial performance by saving money on advertising and marketing costs, reducing vacancy rates thereby increasing rental yields and helping to reduce repair and maintenance costs because they treat your property as their home and tend to take better care of it.
Therefore it is important to take your time and find the right tenants, and undertake adequate reference checks. Importantly, good tenants require some flexibility to accommodate their needs – a little bit of give and take, and a reasonable amount of investment, can result in a long-term tenant and higher financial returns. As a final thought, whatever action you might consider to help make the property standout and generate a higher rental yield, make sure you speak to your local real estate agent and property advisor. Get confirmation that whatever you are planning will in fact make the property more attractive to renters and purchasers alike, and that you will be able to more than recoup your investment. Subscribe to Michael's commentary and get a daily dose of insightful commentary from a wide range of property experts in your inbox each morning. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Do you comprehend all of the aspects of property investment and current economic situations?
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Before any tenant moves in you need to make sure the property is clean and in a presentable state. A parking space can be really attractive to potential tenants; especially if the property is in a busy city. Connect with Us!We'd love to keep you up to date with the latest in property news, stories, advice and competitions.


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This option is both environmental friendly and allows tenants to save a little extra cash, with it reducing their electricity bill when power is fed into the grid. Featuring topics like property investment, property development (helping you understand the process), negative gearing and finance (so you can borrow more from the banks), property tax (allowing you to structure for legal tax deductions and asset protections), negotiation, property management (assisting landlords and tenants understand their right responsibilities), commercial property (for experienced property investment individuals), personal development and the psychology of property investment success. Check out some of our tips below which can make your rental property really stand out for all the right reasons. If there are already tenants living in the property you need to give them plenty of notice before you show anyone around. These are really important to a tenant as they don’t want to live in a house which is infested with damp or looks like it is falling down. If you can make room for one, it is definitely the best way to make your property stand out from the rest.
This might seem like an ideal situation for landlords but in fact it starts a fierce competition between landlords and rental prices. A lot of other places in the city won’t have one, which means your property will be unique. Even if it means re-building a court yard to cater for a parking space, it really is a must-have. If you are worried about the added costs, you can just include it in the monthly rent so you won’t ever face any financial loss.
We are able to see what type of apartment is available, the work that has been completed and what needs to be done in time for a move-in date.



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