How To Increase Rent on an Investment Property
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How To Increase Rent on an Investment Property
Rental returns have increased dramatically over the last 12 months.
In this video, we talk about 5 simple ways to increase the rental return on an investment property.
1. Review the market and speak with your property manager your rent could already be $50 to $100 a week below market value right now).
2. Do a basic cosmetic renovation (e.g. paint, carpets, etc).
3. Add a granny flat (if you can in your local council area).
4. Add a bedroom or a bathroom.
5. Knock down and rebuild an older property.
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