The Impact of Interest Rates on Real Estate Market Interest rates are a significant factor in the real estate market, as they can have a significant impact on home sales, prices, and affordability. Here are some of the ways interest rates affect the real estate market. Mortgage Rates and Affordability When interest rates are low, mortgage rates are also low, making it more affordable for buyers to...
The number one priority for any investment property owner is to quickly secure a good tenant. A good tenant will look after your investment, as well as pay rentals on time. Whether you own a rental property or a holiday home your ultimate goal should be to maximize revenue on a consistent basis. But with so many other properties available for rent at any time, competition is stiff. This guide on increasing...
One of the biggest concerns that most landlords or property managers have is finding a good tenant to occupy the property. However, there are several steps you can ensure that you attract and identify the best tenants for your property. Here is my guide to help you in choosing the best tenant for your rental property. This list of strategies will aid you select the perfect people to rent your home. Define...
Most property owners find themselves contemplating whether they should allow pets in their property. This is despite the fact that the greater number of people own pets. This generally stems from the fact that most landlords consider pets a liability. However, there are a great number of pros associated with allowing pets into your property. Here's our take on some of the considerations for allowing pets...
Many people underestimate the highly competitive nature of the rental market. Most renters get a rude awakening when they find themselves viewing a property with a multitude of other eager renters. Here are some rental application tips to ensure you give yourself the best chance of being the successful applicant. Rental profile A complete and verified rental profile is one of the most important aspects...
One of the biggest decisions an investor has to make is when to renovate their rental property. As an investor you don't get to take advantage of the outcome by living in the home personally. However, a well maintained property not only ensures happy tenants but may increase income from your investment. Here's a look at the right time for Renovating your investment property. Why it's important to...
Amenities tenants look for in a rental property Getting your property ready to be a rental? From location to storage, check out our list of amenities tenants look for in a rental property. These must-have “amenities” will boost your chances of finding an excellent tenant, and can help your rental stand out from the rest. 1. Location Location is the #1 priority for most tenants. It’s all about...
Furnished vs unfurnished rental One of the most critical issues that property owners or landlords have to deal with is whether they should lease their property out furnished or unfurnished. There is no 'one' solution that fits all scenarios. It all comes down to who the landlord's target tenants are, how they want to use the property, the location and the current demand for properties in that area. We...
Is self management for you? Do you own a property or have you recently acquired a rental property? Inevitably the thought of whether to employ a property manager, or manage the property yourself might have crossed your mind. This guide will aid you realise some of the tasks, requirements and obligations (legal and otherwise) involved in property management. Ultimately it will help you answer the question,...
Renting Tips At one point or another most if not all of us will find ourselves in a rental property. Regardless of the duration of the tenancy there are various factors that can make or break the experience. Tenants face a multitude of potential pitfalls when it comes to finding the right property so it's important to go through the all the elements with a fine tooth comb to make sure you're clear where...
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