Author: Brigitte Stills
Sell or keep? 5 Factors to consider before selling your investment property
The Sydney rental market is still proving difficult for landlords with many deciding to sell their investment property. But before you make this important decision, you need to consider 5 very important factors.
Investment Property taking longer than expected to lease?
You’ve carried out some minor alterations or renovations, and you’re now wondering how long you can expect to be waiting for the right tenant? But, in today’s market conditions, there are other, more important questions you should be asking yourself first:
Ready to be a landlord? Answer these 6 questions to find out
At Stills Properties, we love well renovated properties with beautiful fixtures and fittings. In fact we always emphasis these features in our professionally taken advertising photography because it helps to secure high quality tenants.
Property Upgrades
Sometimes people become landlords because they are moving interstate or to a regional area. Others become landlords on behalf of their aging parents who might be moving to supported care. In either case, it can be difficult to know where to start – especially if you suspect the property may need some updates to maximise rental returns.
Advertising your property
Regardless of whether you’re a tenant or a landlord, you’re probably aware there is stiff competition to secure a good tenant. With so many apartments and units for lease, landlords need to present their property in the most positive light to stand out from the crowd – and it begins with your online advertising.
Tips for leasing in tough times
The Sydney rental market has been tough for landlords – especially over the last 12 months. But that shouldn’t mean your property remains vacant for weeks or months at a time. Instead, it calls for a more responsive approach to the concerns of tenants and what they are looking for.
Selling vs Renting
Investing in property should be considered a medium to long-term investment. The market will go up and down over the years, but a well-positioned and maintained investment property should appreciate in value while your tenants help to repay your mortgage.
Kissing Point Turramurra
An established suburb just minutes from the city by bus or ferry and a wonderful village vibe with great shopping and excellent restaurants, cafes and pubs, Balmain delivers on multiple fronts.
Layton St, Camperdown
An established suburb just minutes from the city by bus or ferry and a wonderful village vibe with great shopping and excellent restaurants, cafes and pubs, Balmain delivers on multiple fronts.
