Improving your own home to enhance its
liveability for your family will generally entail a very different approach
than fixing up a rental property.
In the former instance, it’s about
comfort more than cost and compromise.
Of course, you don’t want to
over-capitalise, but it’s not as critical that you have a significant financial
margin between what you spend and what you stand to make.
However, if the plan is to grow your
rental yield and increase the equity in your property, you must focus on the
financial considerations first and foremost.
The process must be based on hard
facts and logic rather than emotion.
RealRenta has all the tools that a
property manager has but for less than ¼ the cost of a property manager.
You can now manage
your Residential, Commercial or share/student accommodation 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.
Jason Gwerder
Thursday, 11 April 2024