LJ Hooker

A Seasoned Property Investor’s Guide to Maximise Returns p. 15 Impact of a property’s appearance on rental income 10 Ways to Increase Your Rental Returns 02 There is a direct correlation between a property’s appearance and the rental income it’s able to produce. Moreover, there is a distinct correlation between a property’s presentation and the tenants it attracts. With the right improvements, landlords can significantly increase the amount they can charge for their property. Of course there’s a fine line between improvements which can increase rental income and those which simply leave you over- capitalised, so you’ll need to think carefully about embarking on any extravagant purchases or extensive renovations. It’s a good idea to talk to your property manager and financial advisor about your planned renovations to ensure that firstly you’ll be able to achieve a higher rental return when they are completed, and secondly that you can afford the changes. Here are some simple but effective improvements which can make a big difference to your rental income: