Landlords

As property investors ourselves, we understand what makes landlords successful.  Our mission is simple; firstly, to take the hassle out of owning an investment property and secondly to help our owners achieve the very best return on their investment.

By being able to offer a home loan service also, we have taken away the hassle gathering all your paperwork over and over again. We will liaise with your tenants, and keep on file everything to do with your investment property.

It makes good sense for investors to spend money on their existing assets to increase the rental return, because doing so creates more cash flow. The trick is knowing which renovations are going to increase the value of your asset and bring in higher rents, so you can avoid overcapitalising on it.

Our Top Property Tips

1. Wash the walls and repaint them
The results will amaze you. Keep your colours neutral throughout. Paint comes in a variety of finishes. The flatter and lower the sheen, the more imperfections are hidden - but the finish is harder to keep clean.

2. Take all rubbish away inside and out
This includes treepruning’s, leaves and garden waste.

3. Put up new blinds/curtains
Nothing brightens a house like new blinds or curtains. Aluminium blinds are a good touch - they look clean and go really well with stainless-steel appliances and door handles.

4. Improve storage with built-in wardrobes
These are a great addition to any property, because they reduce the need for tenants to provide their own.

5. Install new door handles
These can cost as little as $10 each (even less from some second hand outlets). They will match the stainless-steel appliances in the kitchen and the blinds.

6. Create bright areas with higher wattage light bulbs
Light fittings don’t have to cost a lot but can detract from the look of the place if they are dated. Simple ball shades are under $10 and don’t compete with furnishings or appear dated.

7. Dishwashers
They are very important to some tenants - and not to others. The thing is that tenants who don’t care still put up with one being there, but those who cant live without one wont rent a place without one, so they are a good investment for a rental property either way.

8. Clean, clean, clean
Clean the floor coverings and carpets and deodorise the curtains. Even if the carpets aren’t dirty, cleaning them leaves the house with a fresh smell.

9. Change the floor coverings
Even though carpets depreciate well and are a good addition to a property for that reason, polished floors or porcelain tiles can bring in a much better rental return.

10. Air-conditioning
In Australia’s harsh climate, tenants will pay more for a property with air-conditioning. Sometimes they wont even look at one without it. Split systems are cost-effective and can heat and cool the place.

11. Update your kitchen with a new paint job
One thats old and worn-out can take the fresh look out of a property. Painting wooden or laminate cupboards and drawer-fronts is a very cost-effective way of improving the look without the expense of replacing them. Use a good quality primer and semi-gloss paint - not high gloss as it shows the imperfection. Make sure you take all doors down, and sand them and paint them outside - away from open flames as some paints can be flammable.

12. Security
It is very important to many tenants. Installation of secure locks and even security doors can pry a few more dollars out of your prospective tenants pockets.

13. Have the property wired for the modern day
This includes security lighting, remote garage, Foxtel and phone connections in most rooms. Alarm systems are a good investment in some areas.