Property Appraisals for rentals
It is essential to have a proactive team managing your property, you should look to review rental yields annually, this will help to keep you informed as to where the rental market is facing and where your investment is situated.
It is imperative to keep in mind that it is not just about adjusting the rental price, there is a delicate balance. Increases in rent too regularly and for too much, can have the opposite effect and alienate a great tenant. The last thing you would want is to go through the process of losing a great tenant, having to re-market, advertise and incur a vacancy cost and loss of cash flow till a new tenancy is secured.
Randal and Martine regularly provide feedback to investors/landlords with market trends encouraging a well-balanced relationship is sustained with tenants – a good tenant is well worth keeping hold of to reduce financial outlay.
To find out more about how the team can help you or for a free property appraisal email hello@thinkpropertyco.com or call 83206399. With over 30+ plus years’ experience, the team are experts in providing appraisals and delivering a bespoke service for your needs, across Melbourne suburbs. The Think Property & Co team can easily take you through the process and assist you to secure the right tenant, that will ensure you will achieve the best possible outcome for your property goals.
If you’re keen to discuss your property needs, sick of bad property management do give us a call!
Martine, Randal & The team at Think Property & Co
18 Little Oxford Street, Collingwood, Australia, 3066
+61 3 8320 6399 / hello@thinkpropertyco.com