Investor advice
Things you can consider to help boost your cash flow and push your investment properties that little bit further.
Build a secondary dwelling – Dual occupancy options are one way you can bring in a second or higher rental income that can be very significant in boosting your cash flow. Whether it be a simple Granny Flat or a second separate dwelling, it does come with an initial cost outlay as well as potential…
Read MoreThings you can consider to help boost your cash flow and push your investment properties that little bit further.
Adding to the property – While renovating can have its advantages, you may just want to consider upgrading appliances or fixtures. This can not only attract a tenant willing to pay a higher rental price but can also justify a rental increase to the property’s current tenant. These items can include security fly screens, air…
Read MoreThings you can consider to help boost your cash flow and push your investment properties that little bit further.
Renovation – Renovating and attending to maintenance, including upgrades on a regularly scheduled basis can not only increase your cash flow but safeguard you from vacancies as well. Top quality rentals, and those kept in good condition, are far more likely to achieve high quality tenants. A savvy renovation that focuses on upmarket changes can…
Read MoreThings you can consider to help boost your cash flow and push your investment properties that little bit further.
Improvements – When looking to boost your rental income, you should first consider what improvements can be reasonably made to the property. If you want to ask a tenant for more money, be they a current renter or a future applicant, you need to be able to justify that request for more rent. Look for…
Read MoreProperty investors receive two benefits from their investment properties – Capital Growth and Rental Income.
Capital growth takes time to eventuate however as an investment property owner, you have some control over the rental income your investment property generates. For some Landlords, extra cash flow makes holding onto a negatively geared property easier, while others will find that it boosts their positively geared properties even further. Whatever your strategy, increasing…
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