Lots of Ways to Increase Your Rental Yield

You have a great property as an investment, but you want to increase the rental yield, how do you do it? Have a look online and you can find an 'endless' list of ideas to increase your investment property's rental yield.

Some seem contradictory, but it depends on your situation and what your property is like.

1. Increase the rent to market rate
2. Decrease the rent to reduce vacancy

How Do You Know If You Have a Great Property Manager?

Over the years I have written about Property Managers, what to look for, what property management is, checklists etc, but how do you know if you have a really great manager?

A property manager or property managment company is the key in maximising your investment property. You need it well cared for and to obtain maximum rents to make it a valuable long-term investment. To ensure that you get the most out of your investment you need a "Great Property Manager" but who is that person, or team? How do you know when you have struck gold?

Are We All Negatively Geared?

I couple of months ago I wrote a post about negatively geared properties and what it means. In recent weeks The Australian Tax Office (ATO) has released taxation statistics for the 2009/2010 financial year. 

A great summary of these statistics was written about here: RP data Research Blog.

Over the 2009/10 financial year there were 1,751,679 individuals that received rental income (owned investment property).  The number had increased by 3.5% from the previous financial year.  Of these 1,751,679 individuals, 1,110,922 individuals or 63% made a loss on their rental income; the remaining 37% of individuals turned a profit on their rental properties.

Property Apps

So how many mobile devices do you own? How many apps have you downloaded? What is your favourite How about your favourite property based apps?

I have come across a few that you might be interested in having a look at, or you may already use them. I'm sure there are a few that I missed. Let me know if there are some that I should add to the list, or tell me which one is the most effective.

What about Rents?

Rents information from yourinvestmentpropertymag.com.au

Rents are on the rise, this is good news for investors.

There are around 1600 post codes in Australia, and 30% of them have a vacancy rate below 2%, and almost 90% of those postcodes, have only 3 out of a 100 rental properties vacant.

Victoria is unfortunately, an anomaly, with a vacancy rate of around 3%, where the rest of the country sits around 1.7%.

11 Questions to Ask your Property Manager

Here's a great article discussing questions to ask your property manager before signing on. If you would like to ask us these following questions, we would welcome it!

This article comes from http://propertyuncut.com.au

While many investors spend a large amount of time and effort carefully researching the property markets and then finding the top investment, they ignore the role that a professional property manager can play in preserving their property’s capital value and maximising its income.