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Finding a Tenant For Your Investment Property
Finding a tenant for your residential rental property could make or break the success of the investment. Here are some tips that could help. In Australia, there are a few different ways a landlord could find a tenant for their investment property. The main two ways are: According to the Real Estate Institute of Australia (REIA), the majority of rental properties – about 80{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} – are managed by agents (known as property managers). Either way, aspects of the rental cycle that need to be managed include: rental appraisal advertising the property for rent managing and attending property viewings receiving and handling applications screening tenants, including checking their references and rental…