INVESTMENT
5 Ways the lockdown has affected landlords and tenants
The current and sudden Sydney lockdowns have caused great confusion for landlords, tenants and property managers. We now have some clarity. Here’s what you need to know.
Pre-purchase Appraisals
Investing in property has always been a popular wealth creation strategy with Sydney-siders and there’s good reasons for that. But like any investment, there are good investments and bad investments.
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.
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.
Maintenance Tips to Reduce Vacancy
Depending on your area, the Sydney rental market is competitive for landlords at the moment. But it is possible for landlords to buck the trend. Discover our 4 top tips to improve and enhance the appeal of your investment property so you can get great tenants faster.
