It’s no secret that the rental market in some parts
of the country is sluggish.
But just because some areas are performing below average it doesn’t mean
that investors can’t achieve rental growth.
The truth of the matter is that you can manufacture higher rents no
matter what the market is doing.
Don’t believe me?
Well, let’s take a look at some of the strategies to get your tenant to pay more rent.
Australia’s tropical climate means we live outdoors more than people in
many other countries around the globe.
So, whether it’s a bona fide backyard, a courtyard or a balcony, it’s
highly likely that your tenant will spend months soaking up the sun
That’s why it’s so surprising that many landlords often forget about the
Overgrown gardens or courtyards festooned with
weeds never attracted anyone except creepy-crawlies.
Instead, why not spend a little bit of money tidying up the garden or
courtyard – and perhaps pay to have it maintained by a handyman during the
That way, the tenants can enjoy the outdoors as much as the indoors.
Plus, they will likely pay more rent for the opportunity to regularly
spend time in useable and attractive spaces.
Because no one wants to hang out in an unkempt outdoor mess and they
certainly won’t pay for the privilege of doing so.
RealRenta has all
the tools that a property manager has, but at over ¼ the cost of a property
Join now and the
cost is less than a cup of coffee a week to manage your rental property
RealRenta also has a
free vision, so why not check it out
Thursday, 11 March 2021