There are many ways to increase the value of a home through renovation, as countless property renovation and styling experts have shown us on television!
While bathroom overhauls, kitchen replacements and improving "street appeal" can improve sale and rental value of a home, often investors are seeking to make relatively low-cost improvements to increase their rental return. In this post we'll take a look at some great ideas to improve the rent you could ask for your property, in ways which generally cost in the hundreds rather than thousands of dollars.
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This article serves as a sad reminder that things are not always as promised when you select a Newcastle property manager to look after your investment. We have recently taken on management of a property for a landlord who continues to be astonished by the shocking service provided by their previously-selected agent.
We've since had desperate tenants walk into our office in the hope that there is still life in an application they previously submitted to the outgoing agency. The quick summary of this more detailed article is: DO NOT SETTLE FOR A SERVICE YOU ARE NOT HAPPY WITH OR AN AGENT YOU ARE NOT CONFIDENT IN. There are many factors which influence how long a rental property may remain on the market before a suitable tenant is found. Some of these relate to the property itself, others to the agent selected to list the property, and others to the rental market at the time of listing.
While the following list is not exhaustive, it provides a good starting point for understanding the reasons impacting how long a property may remain on the market, and what can be done to up the pace. |
Carnelian Property Management Newcastle NSWWe are a family-owned and run Charlestown real estate agent offering expert property management across Newcastle and Lake Macquarie. Want More?Build your property management knowledge - get regular tips and advice for landlords and tenants straight to your inbox.
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