03 90690929
Properties for Rent
22 FARQUARHSON STREET, MOUNT WAVERLEY
LEASED
1/131 SURREY ROAD, BLACKBURN
LEASED
3 STRADBROKE CRESCENT, MULGRAVE
LEASED
The Rental Process
HOW TO REACH AND ATTRACT THE BEST TENANTS
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Finding and retaining good tenants is a key ingredient for your investment success. With the right tenants, you are more likely to receive rent on time and have the property looked after. These benefits are vital for an investor.
Plus, when you consider how much revenue you will miss if an investment is sitting vacant for a week, a fortnight, a month – you will clearly understand the importance of finding and retaining good tenants.
Here are some features that are popular with tenants:
A good location
A good quality kitchen
Air conditioning / heating
Good quality fixtures and appliances
Good quality blinds, shutters or curtains
Good internet connection
Pet friendly
A usable outdoor area
Good storage options
Longer lease such as 12 months
WHAT TO THINK ABOUT WHEN RENTING OUT MY HOME
Not all landlords are focused on driving rental return and maximising their investment. There’s a whole sub-segment of landlords who are renting out their home due to work or family scenarios.
These landlords are often more interested in finding tenants that take care of their property, rather than being purely focused on maximising their rental return. While some investors are tempted to manage their own property, having a local, dedicated property manager to look after your home is often a smarter decision as:
They have a better idea of pricing
They understand the rental market, what tenants are looking for and its overall demand
They will thoroughly screen all renters
They will manage any issues, including maintenance issues
They will help ensure your rent is paid on time
They will stay up to date with changing local legislation
They will conduct regular inspections to ensure your property is being looked after
They will negotiate any rent changes on your behalf
All of these tasks are difficult to manage, if you are not local.
Request a rental appraisal
MANAGE WITH US