When your property is vacant, your asset becomes a liability.

Your cash flow stops, you runs the risk of vandalism and your insurance could become void.

The main causes of vacancy can be boiled down to 3 factors:

• Price

The rental market is very price sensitive. You need to be aware of what the competition is charging and price your property according. Renters don’t want to pay more than they have to.

• Presentation

Investors have an obligation to keep proactively maintaining the property, or you run the risk of getting lower grade tenants.

• Property Manager

A good Property Manager will be quick to respond to enquiries. If your property is still on the market after 3 weeks, it will begin to look “stale” or even “stigmatized”.

Good Property Managers will show the property at convenient times, like after work/School and on Saturdays.

Real Estate has moved online and your listing needs to be well presented and on a dominant forum.

At #RealRenta, you can advertise your property, take rental applications and even do Bad Tenant Checks. All you need are some good quality photos to get started.

For more information visit www.realrenta.com.au

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