Property Investment New Year’s Resolutions

The new year is just around the corner and it’s time to reflect on what you’ve achieved and create a plan for even greater success for 2020. Whether you’re just about to embark on property investing for the first time or you’re planning to refine your role as Landlord, you want to list down these resolutions for the new year.

I will improve rental returns

Securing the ideal tenant is the best step to increasing your rental return. You can do this by discussing with your property manager the demographics of the tenant best suited to your property. Target marketing will help you find a tenant faster.

I will get a mortgage health check

What is the state of your investment? Are you getting the best interest rate for your property? A mortgage broker can help you better understand the value of your investment. You will want to know if your equity is growing or not and whether you can use that equity to purchase another investment property.

I will source a sales appraisal

Your property manager can organise a sales appraisal for you. This will determine where your property sits in the market and what equity is available for further investing. A sales agent will use their knowledge of the local area and recent sales in that area to provide a guide as to the price that might be obtained for a particular property.

I will be more aware of opportunities

If you want to grow your investment this coming year, surround yourself with experts. These include a Property Investment Adviser, Buyer’s Agent, Mortgage Broker, Financial Planner, Accountant and your Property Manager. They will help you further your wealth by allowing you to take advantage of the right opportunities that come along in 2020.

To learn the value of your investment property, head over to our website https://www.rentalresults.com.au/