One way to ensure a better return on your property investment is to make some improvements to the rental property. However, it’s more than just applying a fresh coat of paint or installing new kitchen appliances. You should be wise about this, tailoring your plan to your target market and allocating your budget appropriately.

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Taking photographs of a property rental for an inspection means more than just making sure you’re taking clear, well-lit photos of every area of the property. In fact, there are laws a property manager must follow, particularly when the property rental includes the tenant’s personal possessions. Here’s how you can be thorough while still following the best practice according to state legislation.

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A reduced electric bill is always a great thing to receive, but saving energy can also help the environment and who doesn’t want that, too? Whether you’re a landlord/property manager or a tenant, you’ll want to make note of these practical and easy tips when using electrical appliances and gadgets at your property rental.

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Ready to remodel? Renovating your property investment has plenty of long term benefits. You maximise the value of your property, make it more appealing to your target market and this increases rental returns of the property.

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Short-term letting is a growing trend and usually comes in the form of letting homes as vacation rentals via short-term letting companies, such as Airbnb. A major headache for property managers and investors is unauthorised lets from tenants.

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From a Queenslander-style residential office in the foothills of Mount Coot-tha, wunderkind Lauren Robinson has built a property management empire from the ground up. The journey has seen her win numerous prestigious awards including 2017 Property Manager of the Year. Between running her own business, surfing on the weekend and practising Pilates, Lauren has written and published a book about investing in property as a new landlord titled “Rented”.” Listed,” a podcast by realestate.com.au, caught up with Lauren to find out how she got started in the business as well as how she uses marketing savvy to win new business.

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One of the first questions first-time investors will ask themselves and their real estate property professionals is what’s a better investment- a house or an apartment? Ultimately it depends on your investment needs, goals and strategies. You also want to factor in market trends and consult with property managers, sales agents and other specialists so you can know which investment is best suited for you.

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Congratulations! You are now a property investor! You’re probably thinking of how soon you can secure a tenant for your property, what rent will you achieve and how to make your property as attractive as possible. It’s all very exciting, but there are some important things to go over to be a good property owner.

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Older adults, such as seniors and retirees, can make some of the best tenants for your property investment. There are some special considerations to take when setting up your property rental for older tenants, but the outcome is ultimately ideal. It would also give you an edge over other Landlords/Property Investors and Managers who are more keen on attracting younger tenants.

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Don’t be a negligent Landlord/Property Manager and make sure your entry and exit inspection reports are as comprehensive as possible. The Residential Tenancies and Rooming Accommodation Act indicates these reports as essential in compliance with legislative requirements, but they can also be a valuable risk management tool for any disputes that may arise regarding the condition of your property.

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