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 your cash flow is a good thing and you don’t need to have purchased into a high yielding area or other risky situations to start thinking of ways to make the most from your property portfolio.
For some, it’s a case of spending money to reap maximum return while other strategies just involve a bit of re-organising. In any case, it’s worth knowing what your current cash flow situation is and knowing where the ‘pain points’ are for your property.
For many investors it’s likely that most funds are spent on loan repayments (including interest), maintenance and repairs, fees and charges, council rates and other regular costs.
Some of these are fees that you are required to pay, while others can be managed. Have your ingoings and outgoings at hand so you can quickly identify the areas that could do with an improvement.
There are likely to be things that you can do to push forward your cash flow, whether by reducing vacancies, restructuring loans or pulling in a little more cash from tenants.
For more information on this and many more frequently asked questions – contact us on 0488 662 216 or email us at brm@therentalexperts.com.au
DISCLAIMER: This post is solely to provide information to the property investor. It is intended to provide general news and information only. The content does not take into account your personal objectives, financial situation or needs and the property investor uses this information in all respects at their own risk.
