Optimising your return is about maximising the rental return you receive whilst minimising your risk, in line with your investment goals. One thing to consider is a rent increase.
Increasing rent on your investment property ensures strong cash flow to not only go towards maintaining your property but potentially completing renovations or improvements that will increase capital value. This in turn unlocks equity and opens opportunities for expanding your portfolio. It is important to have the right advice on market trends, so you are optimizing all aspects of your investment including the rent.
Maintaining market value rent is critical not only to see a good return on investment but also to protect yourself if your circumstances change. If you are considering selling your property in the future you want it to be performing well.
Our Investment Services team provides owners with strategic advice on maximising rental yields and capital growth through improvements, renovations, and/or developments. They work with experienced mortgage brokers, insurance brokers, and depreciation specialists to make sure all aspects of an owner’s investment are being tended to. Lead Investment Services Manager, Pippa Rowntree explains further –
*Source: CoreLogic
Key Takeaways
- Increasing rent on your investment property is a strategic move to enhance cash flow and property value.
- It's essential to stay informed on market trends to optimize rental pricing effectively.
- Regular property improvements can unlock equity, providing opportunities for portfolio expansion.
- Consulting with investment services for strategic advice on maximizing rental yields and capital growth is beneficial.
- Correct timing and market knowledge are crucial for rent adjustments to ensure the property's competitive performance.
