First National Real Estate

HOW MUCH SHOULD I RENT THE PROPERTY FOR? AS WITH SELLING A HOME, YOUR PROPERTY MUST MEET THE MARKET AND BE COMPETITIVE WITH OTHER PROPERTIES BEING OFFERED FOR RENT. Similar properties and their weekly rents should be carefully compared. This may be difficult to do, given that you may not know the condition of the competing property and internal improvements. An experienced property manager can provide a market analysis. They can inspect your property and compare with other similar properties under their management. Because they are aware of the local rental market, they will be able to set a rent which will help your property to be rented at the earliest possible opportunity, whilst ensuring you get the best return for your investment. PROPERTY MANAGEMENT GUIDE 19