Do These 4 Things Next Time You Lease Your Investment Property - purerealestategroup

Do These 4 Things Next Time You Lease Your Investment Property

Cash flow is one of the most important parts of owning an investment property.

You need to make sure the mortgage, the rates, the insurance and the strata fees (to name a few) are all paid.

And that’s why we want to make sure you are getting the best rent possible for your investment property.

With that being said, here are four things to help you get the best rent for your property.

  1. Professional photos.  Forget about taking photos with your iPhone. The extra $100-$200 spent on professional photos with proper lighting will easily pay for itself and if you are leasing with us, professional photos are included in our standard leasing fee.
  2. Professional script.  Are you using a script-writer who has years of experience and knows the property well?  If not, prospective tenants might be left without the proper impression of the true value of your property.  Listing all the unique features of your property with a bit of creative writing will go a long way.
  3. A 3D Matterport Tour.  This allows tenants to go through the property room-by-room and take a 3D overview of the property before viewing in person. This helps deter tyre kickers and means that the prospective tenants that show up for inspections are more well-informed.
  4. Pricing.  Price the property too high and you won’t get any applications. Price the property too low and you’ll be swamped with applications while leaving money on the table. Make sure to price the property accurately to minimise vacancy periods.