Maintaining Strata Properties On Rent Basis

By Author: Chris Whelan
Total Articles: 74
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When you are utilizing your strata property on rental basis, at that time you can’t only think about your benefits, but you have to take care of tenants' advantages also. If you give your property on rental basis for money without any facilities to tenants then your property won't be book on rental basis for long periods. Here we are taking some of the comprehensive suggestions for increasing tenant facilities to increase the rental yield.

• It is always good to show a well presented property to tenants because potential tenants will always take quick actions, so if you have shown a good furnished property then they will affirm it as soon as possible or even you will get instant affirmation. To give a perfect look to your residential strata management, either you can hire furniture property to show your tenants or you can take a picture of your decorated house one day to every customer.

• The photos for your house won't affect to your current image if your present tenant is messy person. With the help of most well decorated pictures you can manage your website to number of users. But keep one thing in mind ...
... that you must own the copyright of those images to utilize in future marketing reference.

• The increase your rent with certain period of time. Some investors under rate their strata property for keeping their tenants on long term basis. But you have to be calculative because like other raising prices products you have to increase your rent at least once in a year. You can consult these things with your strata property manager. If you don't want to increase suddenly then you can make slow increments. You can ideally calculate the approximate increment according value of the place with your manager.

• There are certain periods when your residential strata management property will attract a higher level of interest. Normally those periods are January to February and June to July.

• Always take note of your present lease terms and future lease agreements, so that you can peak the letting periods before the ending of the agreements.

• Normally more bedrooms have more rents, so if you don't have more space in your strata management properties renovation there you can utilize the outside areas to provide more space to your tenants.

• You can increase your rents by providing extra furnished strata property, so that tenants don't have to do much they can simply sift to the property without any appliances or more luggages.

• Whether the tenant is going to live at your strata management property or not, always try to give right suggestions. Don't confuse them by saying lie or don't give them any misinformation if they won't choose your strata property. Don't force them with lies to convince them for your property.

• Though vacant strata properties have low rates, but still the rates depend on the supply and demand strata management market. If tenants are more than the available properties at that time you can raise your rates.

Here are few advices for maintaining an accurate professional relationship between the investor and the tenant regarding the strata management properties.