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Read on to some of the latest trends and guides that can better improve your property management skills.
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As rental vacancy rates across Sydney and Melbourne have risen in the last 12 months, the prospect of earning higher returns in the short-term rental market using platforms such as Airbnb has become increasingly attractive for investors looking to take advantage of lower borrowing costs.
MANY PEOPLE think buying a quality investment property is the hard part of the process when building wealth through real estate – but that’s only the first step. Managing your investment effectively for maximum profits (and with minimal stress!) is phase two, and it requires a strategy and approach all of its own.
Property investors are in it to make a profit – but not everyone is ready to deal with the difficulties of handling tenants along the way. Without the right protection and approach, being a landlord can become a nightmare.