Melbourne has always been known for its great rental returns. But what can you do to ensure that you are getting the best value on your property?
To start, get a good understanding of the leasing process and the different options available. This will prepare you for what is to come. With that in mind, our dedicated team at CT Real Estate has compiled everything you need to know to help you make confident decisions regarding your property.
In this guide, we cover the topics that are most pertinent to you as a landlord. These include:
Part 1: Leasing Out Your Property
What you need to know
A sound overview of the leasing process from start to finish- from researching your area to the final tenancy agreement.
Part 2: Getting The Most Out Of Your Property
Maximising your returns
A few actions can affect your overall rental profit. In this section, we provide tips on how to ensure the best returns on your property.
Part 3: Choosing The Right Tenants
Is there such a thing as a right or wrong tenant?
Your tenant can affect your overall experience as a homeowner. Look at some of the factors to consider so that you can set yourself up for success over the leasing period.
Part 4: What Property Managers Do
Consider a property manager
Learn about the services property managers offer and if they are right for you.
Part 5: Multiple Tenants And Sub-Letting
Make informed decisions about the type of tenancy you prefer
Understand how different tenancy agreements work, the legalities involved and if it makes sense to lease out to one or more tenants.
Part 6: Calculating The Costs Of Renting Out Your Property
How much will you need to prepare?
Before you start seeing returns on your property, you’ll need to invest some in the leasing process. Be clear about the costs involved in putting up your place for rent.
So, now that you’re here. Let’s get started with Part 1.