Opinion Real Estate Advice News Of The Area Opinion by News Of The Area - Modern Media - November 7, 2018November 7, 2018 Dear Denise, How do I ensure a good return on my investment property? IH, Anna Bay ALTHOUGH it is always recommended that you don’t spend too much money on rental properties I believe that it is always best to have at least all the basic conveniences ie; rc air con & ceiling fans. Modern Media: Advertise with News Of The Area and you get your ad in 1) in Print, 2) on the News Website (like this ad), and 3) on our Social Media news site. A much more efficient way to advertise. Reach a HUGE audience for a LOW price TODAY! Call us on 02 4983 2134. Or firstname.lastname@example.org Or CLICK FOR ADVERT QUOTE Do all the light fittings work, is the bathroom & plumbing acceptable? Do the appliance work? Is the yard fenced, is there a shed? These are all things that will add value to your home & increase your weekly rent payment. If you have a large yard/gardens I suggest that you consider increasing the rent slightly to cover the cost of having a professional maintain the grounds of your property. It is difficult to find a tenant that either has the time or the inclination to maintain the yards sufficiently. They will find it a relief to have the burden of the yard maintenance lifted. Always have landlord insurance; for any costly mishaps. An excellent property manager is an asset. They will ensure you have good tenants who care for your property, pay the market rent amount & pay on time. Professional quality property managers pay for themselves time & time again. Hope this helps. Denise.